| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | $1.7B | -5.2% | 5.4% |
| Op. Income | $765M | $689M | $168M | 11.0% | 355.4% |
| Gross Margin | 100.6% | 94.1% | 62.6% | 6.5pp | 38.0pp |
| Net Margin | 35.0% | 31.1% | 8.7% | 4.0pp | 26.4pp |
| EPS (Diluted) | $0.61 | $0.57 | $0.12 | 7.0% | 408.3% |
| Free Cash Flow | -$217M | $928M | -$185M | -123.4% | -17.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | -$11M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $658M |
| SG&A Expenses | $684M |
| Other Expenses | $337M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $765M |
| Interest Income | $1.1B |
| Interest Expense | $82M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $765M |
| Income Tax Expense | $147M |
| Net Income from Continuing Ops | $618M |
| Net Income from Discontinued Ops | $4M |
| Other Adjustments | $0 |
| NET INCOME | $622M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $595M |
| D&A | $17M |
| EBIT | $765M |
| EBITDA | $782M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | -$11M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $658M |
| SG&A Expenses | $684M |
| Other Expenses | $337M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $765M |
| Interest Income | $1.1B |
| Interest Expense | $82M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $765M |
| Income Tax Expense | $147M |
| Net Income from Continuing Ops | $618M |
| Net Income from Discontinued Ops | $4M |
| Other Adjustments | $0 |
| NET INCOME | $622M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $595M |
| D&A | $17M |
| EBIT | $765M |
| EBITDA | $782M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $622M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $108M |
| Other Non-Cash Items | -$902M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | -$205M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$9.9B |
| Sales/Maturities of Investments | $4.2B |
| Other Investing Activities | $123M |
| NET CASH FROM INVESTING | -$5.5B |
| Net Debt Issuance | -$958M |
| Common Stock Repurchased | -$135M |
| Common Dividends Paid | -$207M |
| Other Financing Activities | $6.9B |
| NET CASH FROM FINANCING | $5.6B |
| FREE CASH FLOW | -$217M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $938M |
| Short-Term Investments | $16.4B |
| Net Receivables | $4.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21.4B |
| PP&E (Net) | $737M |
| Goodwill | $2.7B |
| Intangible Assets | $173M |
| Long-Term Investments | $138.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.4B |
| TOTAL NON-CURRENT ASSETS | $154.8B |
| TOTAL ASSETS | $176.2B |
| Account Payables | $0 |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $142.2B |
| TOTAL CURRENT LIABILITIES | $146.1B |
| Long-Term Debt | $12.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12.5B |
| TOTAL LIABILITIES | $158.6B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $13.2B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | $103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.6B |
| TOTAL LIABILITIES & EQUITY | $176.2B |
| Total Debt | $13.5B |
| Net Debt | $12.6B |
