| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $605M | $790M | $569M | -23.4% | 6.4% |
| Op. Income | $115M | $168M | -$655M | -31.6% | 117.5% |
| Gross Margin | 93.8% | 94.4% | 93.8% | -0.6pp | -0.1pp |
| Net Margin | 8.9% | 19.0% | -126.8% | -10.1pp | 135.6pp |
| EPS (Diluted) | $0.24 | $0.68 | $-3.33 | -64.7% | 107.2% |
| Free Cash Flow | $158M | $56M | -$723M | 182.7% | 121.9% |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $567M |
| R&D Expenses | $307M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $145M |
| Other Expenses | $0 |
| Operating Expenses | $452M |
| Cost & Expenses | $490M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $359.0K |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $14M |
| EBIT | $70M |
| EBITDA | $84M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $567M |
| R&D Expenses | $307M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $145M |
| Other Expenses | $0 |
| Operating Expenses | $452M |
| Cost & Expenses | $490M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $359.0K |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $14M |
| EBIT | $70M |
| EBITDA | $84M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $206M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $48M |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$48M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | -$573.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $158M |
| Net Change in Cash | $157M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $292M |
| Net Receivables | $397M |
| Inventory | $17M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $623M |
| Goodwill | $156M |
| Intangible Assets | $167M |
| Long-Term Investments | $202M |
| Tax Assets | $0 |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $85M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $294M |
| TOTAL CURRENT LIABILITIES | $624M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $278M |
| TOTAL NON-CURRENT LIABILITIES | $310M |
| TOTAL LIABILITIES | $934M |
| Common Stock | $220.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $46M |
| Net Debt | -$1.6B |
