| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.7B | $2.2B | 12.1% | 37.1% |
| Op. Income | $760M | $373M | $237M | 103.7% | 220.7% |
| Gross Margin | 30.3% | 19.8% | 16.5% | 10.5pp | 13.8pp |
| Net Margin | 22.1% | 12.5% | 8.5% | 9.6pp | 13.6pp |
| EPS (Diluted) | $16.95 | $8.52 | $4.77 | 98.9% | 255.3% |
| Free Cash Flow | $724M | $904M | $599M | -20.0% | 20.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $933M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $156M |
| Operating Expenses | $173M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $760M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $760M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $680M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $680M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $671M |
| D&A | $0 |
| EBIT | $776M |
| EBITDA | $776M |
| EPS | $17 |
| EPS Diluted | $17 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $933M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $156M |
| Operating Expenses | $173M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $760M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $760M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $680M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $680M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $671M |
| D&A | $0 |
| EBIT | $776M |
| EBITDA | $776M |
| EPS | $17 |
| EPS Diluted | $17 |
| Item | Amount |
|---|---|
| Net Income | $680M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | $85M |
| OPERATING CASH FLOW | $724M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | -$160M |
| NET CASH FROM INVESTING | -$677M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | $724M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $21.9B |
| Net Receivables | $5.2B |
| Inventory | $0 |
| Other Current Assets | -$28.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $23.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$23.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $35.4B |
| Account Payables | $380M |
| Short-Term Debt | $397M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$946M |
| 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 | $25.0B |
| Common Stock | $698.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $11.5B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | $357M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $35.4B |
| Total Debt | $2.3B |
| Net Debt | $1.2B |
