| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.9B | $3.7B | 0.3% | 30.2% |
| Op. Income | -$140M | -$36M | $210M | -288.9% | -166.7% |
| Gross Margin | 74.2% | 74.9% | 75.5% | -0.6pp | -1.3pp |
| Net Margin | 2.0% | -5.1% | 10.5% | 7.1pp | -8.5pp |
| EPS (Diluted) | $0.11 | $-0.28 | $0.49 | 139.3% | -77.6% |
| Free Cash Flow | $1.5B | $1.5B | $1.8B | 2.7% | -15.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $859M |
| Selling & Marketing | $2.4B |
| General & Administrative | $502M |
| SG&A Expenses | $2.9B |
| Other Expenses | $0 |
| Operating Expenses | $3.8B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | -$140M |
| Interest Income | $28M |
| Interest Expense | $25M |
| Other Income/Expenses | $187M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | -$52M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $658M |
| EBIT | -$140M |
| EBITDA | $518M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $658M |
| Stock-Based Compensation | $504M |
| Deferred Income Tax | -$192M |
| Other Non-Cash Items | $247M |
| Change in Working Capital | $543M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$323M |
| Acquisitions (Net) | -$103M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$437M |
| Net Debt Issuance | -$49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $258M |
| NET CASH FROM FINANCING | $209M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.8B |
| Short-Term Investments | $4.0B |
| Net Receivables | $3.1B |
| Inventory | $0 |
| Other Current Assets | $881M |
| TOTAL CURRENT ASSETS | $14.7B |
| PP&E (Net) | $5.5B |
| Goodwill | $25.3B |
| Intangible Assets | $5.1B |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $38.9B |
| TOTAL ASSETS | $53.6B |
| Account Payables | $3.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $9.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12.8B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $19.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $32.7B |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$135M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $34.6B |
| TOTAL LIABILITIES & EQUITY | $53.6B |
| Total Debt | $5.8B |
| Net Debt | $65M |
