| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $4.0B | $1.2B | 11.2% | 270.9% |
| Op. Income | $1.2B | $932M | -$1.1B | 25.6% | 207.7% |
| Gross Margin | 70.8% | 67.6% | 13.4% | 3.2pp | 57.4pp |
| Net Margin | 20.2% | 16.8% | -75.1% | 3.4pp | 95.3pp |
| EPS (Diluted) | $1.55 | $1.16 | $-1.57 | 33.6% | 198.7% |
| Free Cash Flow | $536M | $953M | -$360M | -43.8% | 248.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $991M |
| General & Administrative | $120M |
| SG&A Expenses | $1.1B |
| Other Expenses | $898M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $217M |
| Net Income from Continuing Ops | $907M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $907M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $907M |
| D&A | $914M |
| EBIT | $1.2B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $991M |
| General & Administrative | $120M |
| SG&A Expenses | $1.1B |
| Other Expenses | $898M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $217M |
| Net Income from Continuing Ops | $907M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $907M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $907M |
| D&A | $914M |
| EBIT | $1.2B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $907M |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$97M |
| Other Non-Cash Items | -$174M |
| Change in Working Capital | -$442M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $141M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54M |
| NET CASH FROM INVESTING | -$828M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$239M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$241M |
| FREE CASH FLOW | $536M |
| Net Change in Cash | $492M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $516M |
| Other Current Assets | $513M |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $28.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $29.9B |
| TOTAL ASSETS | $36.9B |
| Account Payables | $2.0B |
| Short-Term Debt | $39M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $592M |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.7B |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $16.0B |
| Common Stock | $206M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $14.7B |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.9B |
| TOTAL LIABILITIES & EQUITY | $36.9B |
| Total Debt | $5.4B |
| Net Debt | $1.5B |
