| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $2.8B | $2.2B | 13.8% | 46.7% |
| Op. Income | $961M | $756M | $537M | 27.2% | 78.8% |
| Gross Margin | 47.4% | 45.9% | 45.3% | 1.5pp | 2.1pp |
| Net Margin | 25.9% | 25.0% | 21.5% | 1.0pp | 4.4pp |
| EPS (Diluted) | $0.56 | $0.47 | $0.31 | 19.1% | 80.6% |
| Free Cash Flow | $580M | $762M | $425M | -24.0% | 36.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $355M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $190M |
| Other Expenses | $0 |
| Operating Expenses | $545M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $961M |
| Interest Income | $7M |
| Interest Expense | $52M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $922M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $823M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $823M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $823M |
| D&A | $73M |
| EBIT | $974M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $355M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $190M |
| Other Expenses | $0 |
| Operating Expenses | $545M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $961M |
| Interest Income | $7M |
| Interest Expense | $52M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $922M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $823M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $823M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $823M |
| D&A | $73M |
| EBIT | $974M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $823M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$312M |
| OPERATING CASH FLOW | $643M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $63M |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$65M |
| NET CASH FROM INVESTING | -$802M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$449M |
| Common Dividends Paid | -$167M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$631M |
| FREE CASH FLOW | $580M |
| Net Change in Cash | -$787M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $2.5B |
| Net Receivables | $2.3B |
| Inventory | $2.1B |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $11.3B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.5B |
| Intangible Assets | $162M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $15.1B |
| Account Payables | $663M |
| Short-Term Debt | $834M |
| Deferred Revenue | $576M |
| Other Current Liabilities | $571M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $145.0K |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | $12.2B |
| Treasury Stock | -$13.4B |
| Accum. Other Comp. Income | -$83M |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $15.1B |
| Total Debt | $5.8B |
| Net Debt | $1.7B |
