| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $706M | $605M | $688M | 16.7% | 2.6% |
| Op. Income | $155M | $115M | $250M | 35.3% | -37.9% |
| Gross Margin | 93.3% | 93.8% | 94.1% | -0.4pp | -0.8pp |
| Net Margin | 21.2% | 8.9% | 42.2% | 12.3pp | -21.0pp |
| EPS (Diluted) | $0.67 | $0.24 | $1.32 | 179.2% | -49.2% |
| Free Cash Flow | $107M | $158M | $226M | -32.5% | -52.7% |
| Item | Amount |
|---|---|
| REVENUE | $706M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $659M |
| R&D Expenses | $344M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $0 |
| Operating Expenses | $503M |
| Cost & Expenses | $550M |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $358.0K |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $14M |
| EBIT | $172M |
| EBITDA | $186M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $706M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $659M |
| R&D Expenses | $344M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $0 |
| Operating Expenses | $503M |
| Cost & Expenses | $550M |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $358.0K |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $14M |
| EBIT | $172M |
| EBITDA | $186M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $66M |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | -$600.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $283M |
| Net Receivables | $438M |
| Inventory | $17M |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $689M |
| Goodwill | $156M |
| Intangible Assets | $162M |
| Long-Term Investments | $221M |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $122M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $263M |
| TOTAL CURRENT LIABILITIES | $660M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $277M |
| TOTAL NON-CURRENT LIABILITIES | $308M |
| TOTAL LIABILITIES | $969M |
| Common Stock | $220.0K |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $45M |
| Net Debt | -$1.8B |
