| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.1B | $2.6B | 25.5% | 49.9% |
| Op. Income | $651M | $976M | $571M | -33.3% | 14.0% |
| Gross Margin | 58.8% | 65.1% | 59.8% | -6.2pp | -0.9pp |
| Net Margin | 16.1% | 29.8% | 21.4% | -13.7pp | -5.3pp |
| EPS (Diluted) | $0.03 | $0.04 | $0.02 | -32.4% | 8.7% |
| Free Cash Flow | $1.4B | $754M | $823M | 79.0% | 64.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $997M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $627M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $651M |
| Interest Income | $13M |
| Interest Expense | $54M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $609M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $622M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $622M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $622M |
| D&A | $404M |
| EBIT | $663M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $997M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $627M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $651M |
| Interest Income | $13M |
| Interest Expense | $54M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $609M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $622M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $622M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $622M |
| D&A | $404M |
| EBIT | $663M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $622M |
| Depreciation & Amortization | $404M |
| Stock-Based Compensation | $374M |
| Deferred Income Tax | -$80M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $256M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$217M |
| Acquisitions (Net) | -$7.1B |
| Purchases of Investments | -$7.4B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13.5B |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$99M |
| Other Financing Activities | -$196M |
| NET CASH FROM FINANCING | -$297M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$12.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $7.7B |
| Net Receivables | $2.1B |
| Inventory | $1.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.7B |
| PP&E (Net) | $2.7B |
| Goodwill | $4.2B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $0 |
| Tax Assets | $630M |
| Other Non-Current Assets | $157M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $25.2B |
| Account Payables | $893M |
| Short-Term Debt | $0 |
| Deferred Revenue | $222M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $120M |
| Deferred Tax Liabilities | $274M |
| Other Non-Current Liabilities | $891M |
| TOTAL NON-CURRENT LIABILITIES | $8.9B |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | $16.3B |
| Treasury Stock | -$10.2B |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.9B |
| TOTAL LIABILITIES & EQUITY | $25.2B |
| Total Debt | $7.7B |
| Net Debt | $4.4B |
