| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B | $1.6B | -3.0% | 19.9% |
| Op. Income | $928M | $982M | $635M | -5.5% | 46.1% |
| Gross Margin | 87.5% | 90.3% | 90.7% | -2.8pp | -3.2pp |
| Net Margin | 35.8% | 36.3% | 27.8% | -0.5pp | 8.0pp |
| EPS (Diluted) | $2.17 | $2.29 | $1.65 | -4.9% | 31.7% |
| Free Cash Flow | $310M | $261M | $227M | 18.8% | 36.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $244M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $631M |
| General & Administrative | $192M |
| SG&A Expenses | $823M |
| Other Expenses | -$44M |
| Operating Expenses | $779M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $928M |
| Interest Income | $471M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $928M |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $691M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $698M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $698M |
| D&A | $0 |
| EBIT | $928M |
| EBITDA | $928M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $244M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $631M |
| General & Administrative | $192M |
| SG&A Expenses | $823M |
| Other Expenses | -$44M |
| Operating Expenses | $779M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $928M |
| Interest Income | $471M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $928M |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $691M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $698M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $698M |
| D&A | $0 |
| EBIT | $928M |
| EBITDA | $928M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $698M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$388M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $310M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$198M |
| NET CASH FROM INVESTING | -$198M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $53M |
| NET CASH FROM FINANCING | $53M |
| FREE CASH FLOW | $310M |
| Net Change in Cash | $152M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $177M |
| Goodwill | $1.3B |
| Intangible Assets | $273M |
| Long-Term Investments | $31.1B |
| Tax Assets | $407M |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $37.6B |
| TOTAL ASSETS | $45.1B |
| Account Payables | $761M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $761M |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $685M |
| Other Non-Current Liabilities | $24.8B |
| TOTAL NON-CURRENT LIABILITIES | $31.1B |
| TOTAL LIABILITIES | $31.8B |
| Common Stock | $11.3K |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | $7.4B |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.1B |
| Minority Interest | $222M |
| TOTAL EQUITY | $13.3B |
| TOTAL LIABILITIES & EQUITY | $45.1B |
| Total Debt | $5.6B |
| Net Debt | $1.3B |
