| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.3B | $7.2B | $6.1B | 2.5% | 19.4% |
| Op. Income | $1.8B | $2.0B | $1.4B | -5.7% | 36.1% |
| Gross Margin | 45.3% | 46.0% | 40.7% | -0.7pp | 4.5pp |
| Net Margin | 18.4% | 23.8% | 11.7% | -5.4pp | 6.7pp |
| EPS (Diluted) | $0.30 | $0.38 | $0.16 | -20.8% | 86.8% |
| Free Cash Flow | -$174M | $696M | $899M | -125.0% | -119.4% |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $537M |
| Selling & Marketing | $604M |
| General & Administrative | $335M |
| SG&A Expenses | $939M |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $254M |
| Other Income/Expenses | -$254M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $241M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $2.8B |
| EBIT | $1.8B |
| EBITDA | $4.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $537M |
| Selling & Marketing | $604M |
| General & Administrative | $335M |
| SG&A Expenses | $939M |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $254M |
| Other Income/Expenses | -$254M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $241M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $2.8B |
| EBIT | $1.8B |
| EBITDA | $4.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $2.8B |
| Stock-Based Compensation | $102M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | -$4.2B |
| Change in Working Capital | -$177M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$480M |
| FREE CASH FLOW | -$174M |
| Net Change in Cash | -$632M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.8B |
| Short-Term Investments | $0 |
| Net Receivables | $775M |
| Inventory | $0 |
| Other Current Assets | $757M |
| TOTAL CURRENT ASSETS | $9.6B |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $27.3B |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $31.4B |
| TOTAL ASSETS | $41.0B |
| Account Payables | $623M |
| Short-Term Debt | $699M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $14.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $19.3B |
| TOTAL LIABILITIES | $27.1B |
| Common Stock | $3.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $10.6B |
| Treasury Stock | -$500M |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.9B |
| TOTAL LIABILITIES & EQUITY | $41.0B |
| Total Debt | $17.9B |
| Net Debt | $10.2B |
