| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.3B | $22.3B | $18.3B | 4.4% | 27.1% |
| Op. Income | $6.4B | $6.8B | $4.2B | -7.2% | 52.9% |
| Gross Margin | 67.5% | 68.4% | 64.1% | -0.9pp | 3.3pp |
| Net Margin | 26.9% | 27.8% | 19.8% | -0.8pp | 7.2pp |
| EPS (Diluted) | $2.35 | $2.32 | $1.36 | 1.3% | 72.8% |
| Free Cash Flow | $4.5B | $3.4B | $2.8B | 32.5% | 61.3% |
| Item | Amount |
|---|---|
| REVENUE | $23.3B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $15.7B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $6.0B |
| SG&A Expenses | $6.0B |
| Other Expenses | $0 |
| Operating Expenses | $9.4B |
| Cost & Expenses | $17.0B |
| OPERATING INCOME | $6.4B |
| Interest Income | $12M |
| Interest Expense | $40M |
| Other Income/Expenses | $304M |
| INCOME BEFORE TAX | $6.7B |
| Income Tax Expense | $384M |
| Net Income from Continuing Ops | $6.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.3B |
| D&A | $1.8B |
| EBIT | $6.7B |
| EBITDA | $8.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $23.3B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $15.7B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $6.0B |
| SG&A Expenses | $6.0B |
| Other Expenses | $0 |
| Operating Expenses | $9.4B |
| Cost & Expenses | $17.0B |
| OPERATING INCOME | $6.4B |
| Interest Income | $12M |
| Interest Expense | $40M |
| Other Income/Expenses | $304M |
| INCOME BEFORE TAX | $6.7B |
| Income Tax Expense | $384M |
| Net Income from Continuing Ops | $6.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.3B |
| D&A | $1.8B |
| EBIT | $6.7B |
| EBITDA | $8.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $6.3B |
| Depreciation & Amortization | $1.8B |
| Stock-Based Compensation | $354M |
| Deferred Income Tax | $45M |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | -$3.2B |
| OPERATING CASH FLOW | $5.3B |
| Capital Expenditure | -$813M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.3B |
| Sales/Maturities of Investments | $7.7B |
| Other Investing Activities | -$997M |
| NET CASH FROM INVESTING | -$419M |
| Net Debt Issuance | -$189M |
| Common Stock Repurchased | -$631M |
| Common Dividends Paid | -$2.8B |
| Other Financing Activities | $332M |
| NET CASH FROM FINANCING | -$3.3B |
| FREE CASH FLOW | $4.5B |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.3B |
| Short-Term Investments | $11.0B |
| Net Receivables | $14.9B |
| Inventory | $10.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $53.8B |
| PP&E (Net) | $18.6B |
| Goodwill | $35.8B |
| Intangible Assets | $50.2B |
| Long-Term Investments | $0 |
| Tax Assets | $10.8B |
| Other Non-Current Assets | $7.2B |
| TOTAL NON-CURRENT ASSETS | $122.7B |
| TOTAL ASSETS | $176.4B |
| Account Payables | $8.7B |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $38.7B |
| Long-Term Debt | $30.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9.0B |
| Other Non-Current Liabilities | $28.8B |
| TOTAL NON-CURRENT LIABILITIES | $68.1B |
| TOTAL LIABILITIES | $106.9B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $120.2B |
| Treasury Stock | -$38.6B |
| Accum. Other Comp. Income | -$15.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $69.6B |
| TOTAL LIABILITIES & EQUITY | $176.4B |
| Total Debt | $33.5B |
| Net Debt | $19.2B |
