| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $996M | $905M | $939M | 10.1% | 6.1% |
| Op. Income | $484M | $234M | -$131M | 106.8% | 469.5% |
| Gross Margin | 75.7% | 56.9% | 13.8% | 18.8pp | 61.9pp |
| Net Margin | 37.1% | 20.4% | -11.3% | 16.7pp | 48.4pp |
| EPS (Diluted) | $2.00 | $0.99 | $-0.53 | 102.0% | 477.4% |
| Free Cash Flow | $179M | $171M | $453M | 4.7% | -60.5% |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $754M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $149M |
| SG&A Expenses | $149M |
| Other Expenses | $121M |
| Operating Expenses | $270M |
| Cost & Expenses | $512M |
| OPERATING INCOME | $484M |
| Interest Income | $692M |
| Interest Expense | $329M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $484M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $370M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $370M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $370M |
| D&A | $0 |
| EBIT | $484M |
| EBITDA | $484M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $754M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $149M |
| SG&A Expenses | $149M |
| Other Expenses | $121M |
| Operating Expenses | $270M |
| Cost & Expenses | $512M |
| OPERATING INCOME | $484M |
| Interest Income | $692M |
| Interest Expense | $329M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $484M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $370M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $370M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $370M |
| D&A | $0 |
| EBIT | $484M |
| EBITDA | $484M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $370M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$356M |
| Change in Working Capital | $155M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.9B |
| NET CASH FROM INVESTING | $2.9B |
| Net Debt Issuance | -$2.3B |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $179M |
| Net Change in Cash | $565M |
