| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $571M | $8M | 205.4% | 20677.2% |
| Op. Income | $1.3B | -$275M | -$131M | 560.3% | 1067.4% |
| Gross Margin | 88.9% | 97.3% | 11.2% | -8.3pp | 77.7pp |
| Net Margin | 70.1% | -47.7% | -1480.9% | 117.8pp | 1550.9pp |
| EPS (Diluted) | $2.84 | $-0.69 | $-0.35 | 511.6% | 911.4% |
| Free Cash Flow | $2.9B | $1.2B | -$112M | 136.6% | 2711.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $193M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $401M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | -$194M |
| Operating Expenses | $284M |
| Cost & Expenses | $477M |
| OPERATING INCOME | $1.3B |
| Interest Income | $4M |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $15M |
| EBIT | $1.3B |
| EBITDA | $1.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $193M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $401M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | -$194M |
| Operating Expenses | $284M |
| Cost & Expenses | $477M |
| OPERATING INCOME | $1.3B |
| Interest Income | $4M |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $15M |
| EBIT | $1.3B |
| EBITDA | $1.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$50M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $1.8B |
| OPERATING CASH FLOW | $3.0B |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$726M |
| Sales/Maturities of Investments | $581M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$180M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | $2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $2.3B |
| Net Receivables | $3.2B |
| Inventory | $494M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.7B |
| PP&E (Net) | $461M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $468M |
| Tax Assets | $50M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $991M |
| TOTAL ASSETS | $12.7B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7.5B |
| Other Current Liabilities | $182M |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $179M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $415M |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $234M |
| Net Debt | -$5.2B |
