| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | -2.5% | -2.3% |
| Op. Income | $606M | $593M | $312M | 2.2% | 93.9% |
| Gross Margin | 99.1% | 99.3% | 73.7% | -0.2pp | 25.5pp |
| Net Margin | 30.9% | 29.4% | 15.9% | 1.5pp | 15.0pp |
| EPS (Diluted) | $3.41 | $3.33 | $1.74 | 2.4% | 96.0% |
| Free Cash Flow | $524M | $964M | $483M | -45.7% | 8.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $13M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $497M |
| SG&A Expenses | $510M |
| Other Expenses | $355M |
| Operating Expenses | $865M |
| Cost & Expenses | $878M |
| OPERATING INCOME | $606M |
| Interest Income | $970M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $606M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | $458M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $458M |
| Net Income Deductions | -$3.0K |
| BOTTOM LINE NET INCOME | $439M |
| D&A | $79M |
| EBIT | $606M |
| EBITDA | $685M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $13M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $497M |
| SG&A Expenses | $510M |
| Other Expenses | $355M |
| Operating Expenses | $865M |
| Cost & Expenses | $878M |
| OPERATING INCOME | $606M |
| Interest Income | $970M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $606M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | $458M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $458M |
| Net Income Deductions | -$3.0K |
| BOTTOM LINE NET INCOME | $439M |
| D&A | $79M |
| EBIT | $606M |
| EBITDA | $685M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $458M |
| Depreciation & Amortization | $79M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $537M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$116M |
| Sales/Maturities of Investments | $557M |
| Other Investing Activities | -$478M |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | $32M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$142M |
| Other Financing Activities | -$214M |
| NET CASH FROM FINANCING | -$336M |
| FREE CASH FLOW | $524M |
| Net Change in Cash | $150M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35.3B |
| Short-Term Investments | $3.8B |
| Net Receivables | $7.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46.3B |
| PP&E (Net) | $1.1B |
| Goodwill | $4.6B |
| Intangible Assets | $9M |
| Long-Term Investments | $97.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $713M |
| TOTAL NON-CURRENT ASSETS | $104.3B |
| TOTAL ASSETS | $150.6B |
| Account Payables | $2.0B |
| Short-Term Debt | $91M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $128.3B |
| TOTAL CURRENT LIABILITIES | $130.4B |
| 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 | $133.9B |
| Common Stock | $81M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $14.0B |
| Treasury Stock | -$5.1B |
| Accum. Other Comp. Income | -$177M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.7B |
| TOTAL LIABILITIES & EQUITY | $150.6B |
| Total Debt | $3.6B |
| Net Debt | -$31.7B |
