| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.8B | $2.0B | -0.6% | 38.4% |
| Op. Income | $373M | $119M | -$44M | 212.5% | 955.3% |
| Gross Margin | 19.8% | 9.8% | 5.2% | 10.0pp | 14.6pp |
| Net Margin | 12.5% | 2.3% | 0.8% | 10.2pp | 11.6pp |
| EPS (Diluted) | $8.52 | $1.61 | $0.41 | 429.2% | 1978.0% |
| Free Cash Flow | $904M | $683M | $506M | 32.4% | 78.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $543M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $158M |
| Operating Expenses | $170M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $373M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $373M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $342M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $342M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $337M |
| D&A | $0 |
| EBIT | $389M |
| EBITDA | $389M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $543M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $158M |
| Operating Expenses | $170M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $373M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $373M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $342M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $342M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $337M |
| D&A | $0 |
| EBIT | $389M |
| EBITDA | $389M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $342M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $555M |
| OPERATING CASH FLOW | $904M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$140M |
| NET CASH FROM INVESTING | -$456M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $904M |
| Net Change in Cash | $331M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $21.2B |
| Net Receivables | $4.9B |
| Inventory | $0 |
| Other Current Assets | -$27.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $22.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$22.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $33.6B |
| Account Payables | $402M |
| Short-Term Debt | $397M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$975M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.9B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $23.9B |
| Common Stock | $698.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $10.8B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | $235M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.7B |
| TOTAL LIABILITIES & EQUITY | $33.6B |
| Total Debt | $2.3B |
| Net Debt | $1.2B |
