| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.6B | -4.2% | -7.7% |
| Op. Income | $593M | $621M | $350M | -4.5% | 69.4% |
| Gross Margin | 99.3% | 92.2% | 76.1% | 7.1pp | 23.2pp |
| Net Margin | 29.4% | 29.6% | 16.3% | -0.3pp | 13.1pp |
| EPS (Diluted) | $3.33 | $3.52 | $1.93 | -5.4% | 72.5% |
| Free Cash Flow | $964M | $617M | -$446M | 56.1% | 316.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $11M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $555M |
| SG&A Expenses | $570M |
| Other Expenses | $350M |
| Operating Expenses | $919M |
| Cost & Expenses | $930M |
| OPERATING INCOME | $593M |
| Interest Income | $1.0B |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $593M |
| Income Tax Expense | $145M |
| Net Income from Continuing Ops | $447M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $447M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $428M |
| D&A | $80M |
| EBIT | $593M |
| EBITDA | $672M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $11M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $555M |
| SG&A Expenses | $570M |
| Other Expenses | $350M |
| Operating Expenses | $919M |
| Cost & Expenses | $930M |
| OPERATING INCOME | $593M |
| Interest Income | $1.0B |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $593M |
| Income Tax Expense | $145M |
| Net Income from Continuing Ops | $447M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $447M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $428M |
| D&A | $80M |
| EBIT | $593M |
| EBITDA | $672M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $447M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | $454M |
| OPERATING CASH FLOW | $995M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$211M |
| Sales/Maturities of Investments | $596M |
| Other Investing Activities | -$9.3B |
| NET CASH FROM INVESTING | -$8.9B |
| Net Debt Issuance | -$853M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$142M |
| Other Financing Activities | $8.7B |
| NET CASH FROM FINANCING | $7.6B |
| FREE CASH FLOW | $964M |
| Net Change in Cash | -$293M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32.7B |
| Short-Term Investments | $4.2B |
| Net Receivables | $7.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44.0B |
| PP&E (Net) | $1.1B |
| Goodwill | $4.6B |
| Intangible Assets | $11M |
| Long-Term Investments | $100.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $688M |
| TOTAL NON-CURRENT ASSETS | $106.5B |
| TOTAL ASSETS | $150.5B |
| Account Payables | $2.0B |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $128.5B |
| TOTAL CURRENT LIABILITIES | $130.5B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $134.0B |
| Common Stock | $81M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $13.7B |
| Treasury Stock | -$5.1B |
| Accum. Other Comp. Income | -$138M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.4B |
| TOTAL LIABILITIES & EQUITY | $150.5B |
| Total Debt | $3.6B |
| Net Debt | -$29.1B |
