| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.8B | 0.8% | -2.4% |
| Op. Income | $913M | $765M | $215M | 19.3% | 324.7% |
| Gross Margin | 108.3% | 100.6% | 64.3% | 7.7pp | 44.0pp |
| Net Margin | 40.7% | 35.0% | 10.2% | 5.7pp | 30.5pp |
| EPS (Diluted) | $0.73 | $0.61 | $0.17 | 19.7% | 329.4% |
| Free Cash Flow | $433M | -$217M | $263M | 299.5% | 64.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | -$149M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $654M |
| SG&A Expenses | $685M |
| Other Expenses | $340M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $876M |
| OPERATING INCOME | $913M |
| Interest Income | $1.1B |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $913M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $724M |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | $729M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $703M |
| D&A | $4M |
| EBIT | $913M |
| EBITDA | $917M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | -$149M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $654M |
| SG&A Expenses | $685M |
| Other Expenses | $340M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $876M |
| OPERATING INCOME | $913M |
| Interest Income | $1.1B |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $913M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $724M |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | $729M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $703M |
| D&A | $4M |
| EBIT | $913M |
| EBITDA | $917M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $729M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $88M |
| Other Non-Cash Items | -$354M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $453M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.4B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $325M |
| NET CASH FROM INVESTING | -$4.6B |
| Net Debt Issuance | $595M |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | -$206M |
| Other Financing Activities | $3.9B |
| NET CASH FROM FINANCING | $4.0B |
| FREE CASH FLOW | $433M |
| Net Change in Cash | -$146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $792M |
| Short-Term Investments | $20.9B |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.7B |
| PP&E (Net) | $785M |
| Goodwill | $2.7B |
| Intangible Assets | $159M |
| Long-Term Investments | $138.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.1B |
| TOTAL NON-CURRENT ASSETS | $155.4B |
| TOTAL ASSETS | $181.1B |
| Account Payables | $0 |
| Short-Term Debt | $934M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $146.1B |
| TOTAL CURRENT LIABILITIES | $150.0B |
| Long-Term Debt | $13.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13.2B |
| TOTAL LIABILITIES | $163.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $13.7B |
| Treasury Stock | -$5.3B |
| Accum. Other Comp. Income | $150M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.9B |
| TOTAL LIABILITIES & EQUITY | $181.1B |
| Total Debt | $14.1B |
| Net Debt | $13.4B |
