| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.9B | -3.5% | -12.6% |
| Op. Income | $831M | $781M | $307M | 6.4% | 170.7% |
| Gross Margin | 107.4% | 102.3% | 66.3% | 5.1pp | 41.1pp |
| Net Margin | 38.2% | 34.8% | 13.0% | 3.4pp | 25.2pp |
| EPS (Diluted) | $1.44 | $1.37 | $0.53 | 5.1% | 171.7% |
| Free Cash Flow | $558M | -$700M | -$123M | 179.7% | 553.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | -$126M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $540M |
| SG&A Expenses | $571M |
| Other Expenses | $420M |
| Operating Expenses | $991M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $831M |
| Interest Income | $1.2B |
| Interest Expense | $87M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $831M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $648M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $648M |
| Net Income Deductions | -$32M |
| BOTTOM LINE NET INCOME | $616M |
| D&A | $165M |
| EBIT | $831M |
| EBITDA | $996M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | -$126M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $540M |
| SG&A Expenses | $571M |
| Other Expenses | $420M |
| Operating Expenses | $991M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $831M |
| Interest Income | $1.2B |
| Interest Expense | $87M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $831M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $648M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $648M |
| Net Income Deductions | -$32M |
| BOTTOM LINE NET INCOME | $616M |
| D&A | $165M |
| EBIT | $831M |
| EBITDA | $996M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $648M |
| Depreciation & Amortization | $165M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $119M |
| Other Non-Cash Items | $727M |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | $580M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | -$831M |
| NET CASH FROM INVESTING | -$631M |
| Net Debt Issuance | -$1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$168M |
| Other Financing Activities | -$713M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $558M |
| Net Change in Cash | -$2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.0B |
| Short-Term Investments | $24.0B |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $38.8B |
| PP&E (Net) | $735M |
| Goodwill | $7.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $126.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.7B |
| TOTAL NON-CURRENT ASSETS | $146.3B |
| TOTAL ASSETS | $185.1B |
| Account Payables | $0 |
| Short-Term Debt | $62M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $150.6B |
| TOTAL CURRENT LIABILITIES | $150.7B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $720M |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $11.2B |
| TOTAL LIABILITIES | $161.9B |
| Common Stock | $6M |
| Additional Paid-In Capital | $19.0B |
| Retained Earnings | $7.3B |
| Treasury Stock | -$4.7B |
| Accum. Other Comp. Income | -$381M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.2B |
| TOTAL LIABILITIES & EQUITY | $185.1B |
| Total Debt | $7.0B |
| Net Debt | -$6.0B |
