Q1 2021 Earnings

Revenue

$15.6B-15.0% YoY

Gross Profit

$2.4B15.1% margin

Operating Income

$291M1.9% margin

Net Income

$358M2.3% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

-19.9%

Operating Cash Flow

$1.5B

Free Cash Flow

$1.5B

Stock-Based Comp.

Total Assets

$769.8B

Total Liabilities

$703.7B

Stockholders' Equity

$65.9B

Cash & Equivalents

$19.6B

Metric	Current	Year Ago	Change
Revenue	$15.6B	$18.3B	-15.0%
Gross Profit	$2.4B	$7.8B	-69.8%
Operating Income	$291M	$5.6B	-94.8%
Net Income	$358M	$4.4B	-91.9%

Vision fee for service arrangements

$140M27%

Prepaid legal plans and administrative-only contracts

$109M21%

Fee-based investment management services

$85M17%

Other revenue from service contracts from customers

$67M13%

Administrative services-only contracts

$61M12%

Distribution and Administrative Services fees

$53M10%