| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.2B | $2.6B | 8.8% | 33.8% |
| Op. Income | $1.0B | $961M | $687M | 5.1% | 47.1% |
| Gross Margin | 46.4% | 47.4% | 45.7% | -1.0pp | 0.7pp |
| Net Margin | 25.1% | 25.9% | 19.9% | -0.8pp | 5.2pp |
| EPS (Diluted) | $0.60 | $0.56 | $0.34 | 7.1% | 76.5% |
| Free Cash Flow | $253M | $580M | $246M | -56.4% | 2.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $375M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $219M |
| Other Expenses | $0 |
| Operating Expenses | $594M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $1.0B |
| Interest Income | $5M |
| Interest Expense | $53M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $980M |
| Income Tax Expense | $111M |
| Net Income from Continuing Ops | $869M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $869M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $869M |
| D&A | $76M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $375M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $219M |
| Other Expenses | $0 |
| Operating Expenses | $594M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $1.0B |
| Interest Income | $5M |
| Interest Expense | $53M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $980M |
| Income Tax Expense | $111M |
| Net Income from Continuing Ops | $869M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $869M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $869M |
| D&A | $76M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $869M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$657M |
| OPERATING CASH FLOW | $345M |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $92M |
| Purchases of Investments | -$702M |
| Sales/Maturities of Investments | $870M |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | $70M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$723M |
| Common Dividends Paid | -$188M |
| Other Financing Activities | $42M |
| NET CASH FROM FINANCING | -$865M |
| FREE CASH FLOW | $253M |
| Net Change in Cash | -$443M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $2.4B |
| Net Receivables | $2.9B |
| Inventory | $2.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.5B |
| PP&E (Net) | $1.2B |
| Goodwill | $1.5B |
| Intangible Assets | $156M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $15.4B |
| Account Payables | $722M |
| Short-Term Debt | $821M |
| Deferred Revenue | $556M |
| Other Current Liabilities | $682M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $6.9B |
| Retained Earnings | $12.8B |
| Treasury Stock | -$14.1B |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $5.8B |
| Net Debt | $2.1B |
