| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.8B | $8.9B | $9.1B | 32.9% | 30.1% |
| Op. Income | $2.3B | $1.6B | $1.1B | 48.2% | 113.7% |
| Gross Margin | 32.9% | 34.7% | 30.6% | -1.8pp | 2.2pp |
| Net Margin | 15.2% | 13.8% | 7.3% | 1.4pp | 7.8pp |
| EPS (Diluted) | $5.68 | $3.87 | $2.11 | 46.8% | 169.2% |
| Free Cash Flow | $1.0B | -$305M | $671M | 430.2% | 50.1% |
| Item | Amount |
|---|---|
| REVENUE | $11.8B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $377M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $838M |
| Other Expenses | $335M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $268M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $530M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $516M |
| EBIT | $2.6B |
| EBITDA | $3.1B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $11.8B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $377M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $838M |
| Other Expenses | $335M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $268M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $530M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $516M |
| EBIT | $2.6B |
| EBITDA | $3.1B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $516M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$175M |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | -$492M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$636M |
| Acquisitions (Net) | $551M |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$692M |
| Common Dividends Paid | -$238M |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | $492M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $217M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $668M |
| Net Receivables | $42.8B |
| Inventory | $6.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $56.7B |
| PP&E (Net) | $12.8B |
| Goodwill | $3.2B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $182M |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $22.3B |
| TOTAL ASSETS | $79.0B |
| Account Payables | $10.5B |
| Short-Term Debt | $14.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24.7B |
| Long-Term Debt | $33.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $533M |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $39.2B |
| TOTAL LIABILITIES | $63.9B |
| Common Stock | $5.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $34.1B |
| Treasury Stock | -$19.1B |
| Accum. Other Comp. Income | -$5.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.1B |
| Minority Interest | $4M |
| TOTAL EQUITY | $15.1B |
| TOTAL LIABILITIES & EQUITY | $79.0B |
| Total Debt | $47.4B |
| Net Debt | $40.2B |
