| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $385M | $270M | $259M | 42.5% | 48.4% |
| Op. Income | $123M | -$5M | $76M | 2770.0% | 62.9% |
| Gross Margin | 96.1% | 95.1% | 96.4% | 1.0pp | -0.3pp |
| Net Margin | 24.9% | 0.6% | 25.8% | 24.4pp | -0.8pp |
| EPS (Diluted) | $0.30 | $0.01 | $0.21 | 5900.0% | 42.9% |
| Free Cash Flow | $161M | $26M | $95M | 520.7% | 70.3% |
| Item | Amount |
|---|---|
| REVENUE | $385M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $370M |
| R&D Expenses | $149M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | -$11.0K |
| Operating Expenses | $247M |
| Cost & Expenses | $262M |
| OPERATING INCOME | $123M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $4M |
| EBIT | $123M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $385M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $370M |
| R&D Expenses | $149M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | -$11.0K |
| Operating Expenses | $247M |
| Cost & Expenses | $262M |
| OPERATING INCOME | $123M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $4M |
| EBIT | $123M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $26M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $182M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$357M |
| Sales/Maturities of Investments | $307M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $161M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $492M |
| Short-Term Investments | $854M |
| Net Receivables | $172M |
| Inventory | $25M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $95M |
| Goodwill | $64M |
| Intangible Assets | $0 |
| Long-Term Investments | $346M |
| Tax Assets | $135M |
| Other Non-Current Assets | $135M |
| TOTAL NON-CURRENT ASSETS | $774M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $255M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $324M |
| Common Stock | $315.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$350M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $53M |
| Net Debt | -$439M |
