| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.5B | $3.6B | 7.5% | 33.6% |
| Op. Income | $772M | $262M | -$161M | 194.7% | 579.5% |
| Gross Margin | 17.7% | 7.0% | 1.4% | 10.6pp | 16.3pp |
| Net Margin | 13.2% | 5.0% | -2.6% | 8.2pp | 15.8pp |
| EPS (Diluted) | $3.34 | $1.16 | $-0.49 | 187.9% | 781.6% |
| Free Cash Flow | $411M | -$642M | $516M | 164.0% | -20.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $858M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $86M |
| Operating Expenses | $86M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $772M |
| Interest Income | $0 |
| Interest Expense | $65M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $772M |
| Income Tax Expense | $130M |
| Net Income from Continuing Ops | $642M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $642M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $642M |
| D&A | $0 |
| EBIT | $837M |
| EBITDA | $837M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $858M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $86M |
| Operating Expenses | $86M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $772M |
| Interest Income | $0 |
| Interest Expense | $65M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $772M |
| Income Tax Expense | $130M |
| Net Income from Continuing Ops | $642M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $642M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $642M |
| D&A | $0 |
| EBIT | $837M |
| EBITDA | $837M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $642M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $69M |
| Change in Working Capital | -$300M |
| OPERATING CASH FLOW | $411M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.7B |
| Sales/Maturities of Investments | $3.6B |
| Other Investing Activities | $303M |
| NET CASH FROM INVESTING | -$806M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$81M |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $411M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $122.2B |
| Net Receivables | $16.6B |
| Inventory | $0 |
| Other Current Assets | -$141.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $126.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$128.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $380.1B |
| Account Payables | $0 |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$8.5B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.3B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $358.4B |
| Common Stock | $5.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $9.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $21.7B |
| TOTAL LIABILITIES & EQUITY | $380.1B |
| Total Debt | $6.6B |
| Net Debt | $4.2B |
