| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $1.7B | $66M | 141.8% | 6252.6% |
| Op. Income | $3.1B | $1.3B | -$122M | 141.9% | 2607.2% |
| Gross Margin | 82.2% | 88.9% | 88.5% | -6.7pp | -6.3pp |
| Net Margin | 66.0% | 70.1% | -175.9% | -4.1pp | 241.9pp |
| EPS (Diluted) | $6.46 | $2.84 | $-0.31 | 127.5% | 2183.9% |
| Free Cash Flow | $4.0B | $2.9B | -$43M | 37.4% | 9587.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $750M |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $421M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | -$139M |
| Operating Expenses | $403M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $3.1B |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $283M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $69M |
| EBIT | $3.1B |
| EBITDA | $3.1B |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $750M |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $421M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | -$139M |
| Operating Expenses | $403M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $3.1B |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $283M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $69M |
| EBIT | $3.1B |
| EBITDA | $3.1B |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.8B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $4.0B |
| Net Change in Cash | $161M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.6B |
| Short-Term Investments | $2.4B |
| Net Receivables | $2.1B |
| Inventory | $643M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $11.0B |
| PP&E (Net) | $898M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.2B |
| Tax Assets | $66M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $77M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7.3B |
| Other Current Liabilities | $128M |
| TOTAL CURRENT LIABILITIES | $8.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $175M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $609M |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $603M |
| Net Debt | -$5.0B |
