| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.7B | $21.7B | $23.2B | -9.1% | -15.1% |
| Op. Income | $7.3B | $10.3B | $1.1B | -28.7% | 562.6% |
| Gross Margin | 95.4% | 100.3% | 49.8% | -4.9pp | 45.6pp |
| Net Margin | 31.4% | 36.6% | 4.5% | -5.2pp | 26.8pp |
| EPS (Diluted) | $2.84 | $3.62 | $0.38 | -21.5% | 647.4% |
| Free Cash Flow | -$576M | $22.4B | $5.5B | -102.6% | -110.5% |
| Item | Amount |
|---|---|
| REVENUE | $19.7B |
| Cost of Revenue | $900M |
| GROSS PROFIT | $18.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $340M |
| General & Administrative | $6.0B |
| SG&A Expenses | $6.3B |
| Other Expenses | $5.1B |
| Operating Expenses | $11.5B |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $7.3B |
| Interest Income | $12.5B |
| Interest Expense | $2.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.3B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $6.2B |
| Net Income from Discontinued Ops | $10M |
| Other Adjustments | $0 |
| NET INCOME | $6.2B |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $5.9B |
| D&A | $982M |
| EBIT | $7.3B |
| EBITDA | $8.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $19.7B |
| Cost of Revenue | $900M |
| GROSS PROFIT | $18.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $340M |
| General & Administrative | $6.0B |
| SG&A Expenses | $6.3B |
| Other Expenses | $5.1B |
| Operating Expenses | $11.5B |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $7.3B |
| Interest Income | $12.5B |
| Interest Expense | $2.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.3B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $6.2B |
| Net Income from Discontinued Ops | $10M |
| Other Adjustments | $0 |
| NET INCOME | $6.2B |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $5.9B |
| D&A | $982M |
| EBIT | $7.3B |
| EBITDA | $8.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $6.2B |
| Depreciation & Amortization | $982M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16.5B |
| Change in Working Capital | -$23.3B |
| OPERATING CASH FLOW | $365M |
| Capital Expenditure | -$941M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90.2B |
| Sales/Maturities of Investments | $50.2B |
| Other Investing Activities | $3.8B |
| NET CASH FROM INVESTING | -$37.2B |
| Net Debt Issuance | $5.9B |
| Common Stock Repurchased | -$5.2B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $11.9B |
| NET CASH FROM FINANCING | $11.4B |
| FREE CASH FLOW | -$576M |
| Net Change in Cash | -$25.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $299.2B |
| Short-Term Investments | $295.3B |
| Net Receivables | $61.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $656.2B |
| PP&E (Net) | $0 |
| Goodwill | $22.1B |
| Intangible Assets | $4.7B |
| Long-Term Investments | $839.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $805.0B |
| TOTAL NON-CURRENT ASSETS | $1.7T |
| TOTAL ASSETS | $2.3T |
| Account Payables | $59.4B |
| Short-Term Debt | $253.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $264.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62.7B |
| TOTAL NON-CURRENT LIABILITIES | $327.3B |
| TOTAL LIABILITIES | $2.1T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.8B |
| Retained Earnings | $179.7B |
| Treasury Stock | -$68.3B |
| Accum. Other Comp. Income | -$35.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $202.2B |
| Minority Interest | $751M |
| TOTAL EQUITY | $202.9B |
| TOTAL LIABILITIES & EQUITY | $2.3T |
| Total Debt | $517.9B |
| Net Debt | $218.6B |
