| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31.8B | $33.6B | $35.3B | -5.3% | -9.9% |
| Op. Income | $15.1B | $17.7B | $5.7B | -14.7% | 166.7% |
| Gross Margin | 102.9% | 108.3% | 64.0% | -5.4pp | 38.9pp |
| Net Margin | 37.5% | 42.5% | 13.3% | -5.0pp | 24.3pp |
| EPS (Diluted) | $3.78 | $4.50 | $1.38 | -16.0% | 173.9% |
| Free Cash Flow | $13.5B | -$43.9B | $82.9B | 130.8% | -83.7% |
| Item | Amount |
|---|---|
| REVENUE | $31.8B |
| Cost of Revenue | -$925M |
| GROSS PROFIT | $32.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $626M |
| General & Administrative | $9.8B |
| SG&A Expenses | $10.4B |
| Other Expenses | $7.2B |
| Operating Expenses | $17.7B |
| Cost & Expenses | $16.7B |
| OPERATING INCOME | $15.1B |
| Interest Income | $14.1B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15.1B |
| Income Tax Expense | $3.1B |
| Net Income from Continuing Ops | $11.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.5B |
| D&A | $2.0B |
| EBIT | $15.1B |
| EBITDA | $17.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $31.8B |
| Cost of Revenue | -$925M |
| GROSS PROFIT | $32.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $626M |
| General & Administrative | $9.8B |
| SG&A Expenses | $10.4B |
| Other Expenses | $7.2B |
| Operating Expenses | $17.7B |
| Cost & Expenses | $16.7B |
| OPERATING INCOME | $15.1B |
| Interest Income | $14.1B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15.1B |
| Income Tax Expense | $3.1B |
| Net Income from Continuing Ops | $11.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.5B |
| D&A | $2.0B |
| EBIT | $15.1B |
| EBITDA | $17.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $11.9B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | -$14.5B |
| Change in Working Capital | $14.0B |
| OPERATING CASH FLOW | $13.5B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45.7B |
| Sales/Maturities of Investments | $70.5B |
| Other Investing Activities | -$7.1B |
| NET CASH FROM INVESTING | $17.7B |
| Net Debt Issuance | $9.6B |
| Common Stock Repurchased | -$8.8B |
| Common Dividends Paid | -$3.1B |
| Other Financing Activities | -$39.5B |
| NET CASH FROM FINANCING | -$37.9B |
| FREE CASH FLOW | $13.5B |
| Net Change in Cash | -$5.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $705.4B |
| Short-Term Investments | $220.0B |
| Net Receivables | $125.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1T |
| PP&E (Net) | $26.6B |
| Goodwill | $49.3B |
| Intangible Assets | $5.4B |
| Long-Term Investments | $1.4T |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2T |
| TOTAL NON-CURRENT ASSETS | $2.6T |
| TOTAL ASSETS | $3.7T |
| Account Payables | $297.1B |
| Short-Term Debt | $297.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4T |
| TOTAL CURRENT LIABILITIES | $2.8T |
| Long-Term Debt | $299.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $311.5B |
| TOTAL NON-CURRENT LIABILITIES | $611.4B |
| TOTAL LIABILITIES | $3.4T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $88.2B |
| Retained Earnings | $257.0B |
| Treasury Stock | -$98.3B |
| Accum. Other Comp. Income | $2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $286.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $286.4B |
| TOTAL LIABILITIES & EQUITY | $3.7T |
| Total Debt | $597.3B |
| Net Debt | -$108.1B |
