| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31.0B | $30.0B | $27.7B | 3.5% | 12.0% |
| Op. Income | -$418M | $1.1B | $2.0B | -139.7% | -120.7% |
| Gross Margin | 10.6% | 12.1% | 17.5% | -1.4pp | -6.9pp |
| Net Margin | -1.7% | 2.3% | 4.4% | -4.1pp | -6.1pp |
| EPS (Diluted) | $-0.92 | $1.19 | $2.05 | -177.3% | -144.9% |
| Free Cash Flow | $1.4B | -$144M | $3.5B | 1096.5% | -58.8% |
| Item | Amount |
|---|---|
| REVENUE | $31.0B |
| Cost of Revenue | $27.7B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.1B |
| SG&A Expenses | $2.1B |
| Other Expenses | $1.6B |
| Operating Expenses | $3.7B |
| Cost & Expenses | $31.4B |
| OPERATING INCOME | -$418M |
| Interest Income | $0 |
| Interest Expense | $163M |
| Other Income/Expenses | -$124M |
| INCOME BEFORE TAX | -$542M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$535M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$535M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$535M |
| D&A | $356M |
| EBIT | -$379M |
| EBITDA | -$23M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$535M |
| Depreciation & Amortization | $356M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$232M |
| Other Non-Cash Items | $74M |
| Change in Working Capital | $2.0B |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$250M |
| Acquisitions (Net) | -$44M |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$813M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.0B |
| Short-Term Investments | $1.6B |
| Net Receivables | $11.2B |
| Inventory | $0 |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $25.5B |
| PP&E (Net) | $4.2B |
| Goodwill | $18.8B |
| Intangible Assets | $8.1B |
| Long-Term Investments | $13.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $46.1B |
| TOTAL ASSETS | $71.5B |
| Account Payables | $7.9B |
| Short-Term Debt | $253M |
| Deferred Revenue | $446M |
| Other Current Liabilities | $12.8B |
| TOTAL CURRENT LIABILITIES | $23.6B |
| Long-Term Debt | $16.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $21.8B |
| TOTAL LIABILITIES | $45.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $19.5B |
| Retained Earnings | $7.0B |
| Treasury Stock | -$830M |
| Accum. Other Comp. Income | $239M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.9B |
| Minority Interest | $217M |
| TOTAL EQUITY | $26.1B |
| TOTAL LIABILITIES & EQUITY | $71.5B |
| Total Debt | $18.3B |
| Net Debt | $7.3B |
