| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $5.3B | $4.7B | -11.4% | -0.1% |
| Op. Income | $2.2B | $2.6B | $2.1B | -15.1% | 2.9% |
| Gross Margin | 84.1% | 84.1% | 83.9% | -0.0pp | 0.2pp |
| Net Margin | 35.4% | 35.1% | 31.9% | 0.3pp | 3.5pp |
| EPS (Diluted) | $0.36 | $0.40 | $0.32 | -10.3% | 12.4% |
| Free Cash Flow | $3.6B | $1.3B | $1.9B | 176.2% | 86.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $748M |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $516M |
| Selling & Marketing | $1.2B |
| General & Administrative | $130M |
| SG&A Expenses | $1.3B |
| Other Expenses | -$19M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $2.2B |
| Interest Income | $15M |
| Interest Expense | $81M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $437M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $181M |
| EBIT | $2.2B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $748M |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $516M |
| Selling & Marketing | $1.2B |
| General & Administrative | $130M |
| SG&A Expenses | $1.3B |
| Other Expenses | -$19M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $2.2B |
| Interest Income | $15M |
| Interest Expense | $81M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $437M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $181M |
| EBIT | $2.2B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $181M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $437M |
| Other Non-Cash Items | $416M |
| Change in Working Capital | $1.1B |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$214M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$214M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$865M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$337M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $3.6B |
| Net Change in Cash | $2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $587M |
| Short-Term Investments | $0 |
| Net Receivables | $613M |
| Inventory | $420M |
| Other Current Assets | $117M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $137M |
| Long-Term Investments | $44M |
| Tax Assets | $89M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $212M |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $207M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $11M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | -$70.8K |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $98M |
| Net Debt | -$489M |