| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | — | $5.8B | — | -17.8% |
| Op. Income | $440M | — | $2.0B | — | -77.5% |
| Gross Margin | 28.2% | — | 49.1% | — | -20.8pp |
| Net Margin | 8.4% | — | 27.7% | — | -19.3pp |
| EPS (Diluted) | $0.36 | — | $1.42 | — | -74.6% |
| Free Cash Flow | -$55M | — | $769M | — | -107.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $681M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $223M |
| Other Expenses | $11M |
| Operating Expenses | $915M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $440M |
| Interest Income | $34M |
| Interest Expense | $46M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $428M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $407M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $405M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $405M |
| D&A | $1.4B |
| EBIT | $440M |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $681M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $223M |
| Other Expenses | $11M |
| Operating Expenses | $915M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $440M |
| Interest Income | $34M |
| Interest Expense | $46M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $428M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $407M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $405M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $405M |
| D&A | $1.4B |
| EBIT | $440M |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $407M |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $119M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$2.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$159M |
| Sales/Maturities of Investments | $431M |
| Other Investing Activities | $74M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | -$261M |
| Common Stock Repurchased | -$70M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $116M |
| NET CASH FROM FINANCING | -$215M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.1B |
| Short-Term Investments | $363M |
| Net Receivables | $3.0B |
| Inventory | $5.2B |
| Other Current Assets | $238M |
| TOTAL CURRENT ASSETS | $16.0B |
| PP&E (Net) | $30.3B |
| Goodwill | $1.2B |
| Intangible Assets | $332M |
| Long-Term Investments | $586M |
| Tax Assets | $764M |
| Other Non-Current Assets | $510M |
| TOTAL NON-CURRENT ASSETS | $33.7B |
| TOTAL ASSETS | $49.6B |
| Account Payables | $2.1B |
| Short-Term Debt | $84M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $508M |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $586M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $481M |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $119M |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | $31.6B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37.0B |
| Minority Interest | $98M |
| TOTAL EQUITY | $37.1B |
| TOTAL LIABILITIES & EQUITY | $49.6B |
| Total Debt | $6.0B |
| Net Debt | -$1.1B |
