| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.8B | $2.7B | 7.3% | 11.3% |
| Op. Income | $462M | $378M | $182M | 22.2% | 153.8% |
| Gross Margin | 37.2% | 33.9% | 27.1% | 3.2pp | 10.1pp |
| Net Margin | 12.1% | 11.1% | 5.5% | 1.1pp | 6.6pp |
| EPS (Diluted) | $1.35 | $1.14 | $0.55 | 18.4% | 145.5% |
| Free Cash Flow | $601M | $79M | $431M | 660.8% | 39.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $664M |
| Operating Expenses | $664M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $462M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $462M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $368M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $368M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $368M |
| D&A | $13M |
| EBIT | $491M |
| EBITDA | $504M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $664M |
| Operating Expenses | $664M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $462M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $462M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $368M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $368M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $368M |
| D&A | $13M |
| EBIT | $491M |
| EBITDA | $504M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $368M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$192M |
| Change in Working Capital | $417M |
| OPERATING CASH FLOW | $603M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | -$2.5B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$610M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$104M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$120M |
| FREE CASH FLOW | $601M |
| Net Change in Cash | -$126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $462M |
| Short-Term Investments | $1.5B |
| Net Receivables | $8.2B |
| Inventory | $0 |
| Other Current Assets | -$10.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $234M |
| Goodwill | $148M |
| Intangible Assets | $0 |
| Long-Term Investments | $49.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$49.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $66.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $4.3B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$7.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $53.5B |
| Common Stock | $683M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $9.3B |
| Treasury Stock | -$73M |
| Accum. Other Comp. Income | $509M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.7B |
| TOTAL LIABILITIES & EQUITY | $66.2B |
| Total Debt | $2.8B |
| Net Debt | $2.3B |
