| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.9B | $12.2B | $13.2B | -1.9% | -9.3% |
| Op. Income | $2.6B | $3.2B | $3.6B | -20.9% | -28.2% |
| Gross Margin | 63.6% | 63.2% | 64.3% | 0.3pp | -0.8pp |
| Net Margin | 18.2% | 21.7% | 22.2% | -3.5pp | -4.0pp |
| EPS (Diluted) | $0.51 | $0.62 | $0.68 | -17.7% | -25.0% |
| Free Cash Flow | $3.9B | $3.6B | $3.4B | 9.2% | 16.0% |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.2B |
| General & Administrative | $544M |
| SG&A Expenses | $2.8B |
| Other Expenses | $638M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $2.6B |
| Interest Income | $174M |
| Interest Expense | $112M |
| Other Income/Expenses | $111M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $507M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $451M |
| EBIT | $3.2B |
| EBITDA | $3.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.2B |
| General & Administrative | $544M |
| SG&A Expenses | $2.8B |
| Other Expenses | $638M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $2.6B |
| Interest Income | $174M |
| Interest Expense | $112M |
| Other Income/Expenses | $111M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $507M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $451M |
| EBIT | $3.2B |
| EBITDA | $3.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $451M |
| Stock-Based Compensation | $438M |
| Deferred Income Tax | -$120M |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$171M |
| Acquisitions (Net) | -$830M |
| Purchases of Investments | -$3.8B |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$889M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | -$2.4B |
| FREE CASH FLOW | $3.9B |
| Net Change in Cash | -$987M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.8B |
| Short-Term Investments | $19.2B |
| Net Receivables | $9.1B |
| Inventory | $1.3B |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $43.0B |
| PP&E (Net) | $2.4B |
| Goodwill | $34.5B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $4.1B |
| Other Non-Current Assets | $9.3B |
| TOTAL NON-CURRENT ASSETS | $52.0B |
| TOTAL ASSETS | $95.0B |
| Account Payables | $2.3B |
| Short-Term Debt | $5.0B |
| Deferred Revenue | $11.3B |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $27.0B |
| Long-Term Debt | $9.6B |
| Deferred Revenue NC | $9.2B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.1B |
| TOTAL NON-CURRENT LIABILITIES | $29.9B |
| TOTAL LIABILITIES | $56.8B |
| Common Stock | $41.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$447M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $38.2B |
| TOTAL LIABILITIES & EQUITY | $95.0B |
| Total Debt | $14.6B |
| Net Debt | $3.7B |
