| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.2B | $1.8B | 4.0% | 89.0% |
| Op. Income | $292M | -$606M | -$240M | 148.2% | 221.8% |
| Gross Margin | 65.7% | 51.5% | 78.2% | 14.2pp | -12.4pp |
| Net Margin | 10.5% | -13.1% | -7.4% | 23.6pp | 17.9pp |
| EPS (Diluted) | $0.25 | $-0.34 | $-0.11 | 172.4% | 321.1% |
| Free Cash Flow | $1.1B | -$544M | $803M | 297.9% | 34.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $340M |
| Selling & Marketing | $1.5B |
| General & Administrative | $63M |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $292M |
| Interest Income | $80M |
| Interest Expense | $43M |
| Other Income/Expenses | $61M |
| INCOME BEFORE TAX | $353M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $24M |
| EBIT | $292M |
| EBITDA | $316M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $340M |
| Selling & Marketing | $1.5B |
| General & Administrative | $63M |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $292M |
| Interest Income | $80M |
| Interest Expense | $43M |
| Other Income/Expenses | $61M |
| INCOME BEFORE TAX | $353M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $24M |
| EBIT | $292M |
| EBITDA | $316M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $353M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $174M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $551M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$509M |
| NET CASH FROM INVESTING | -$509M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$93M |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $447M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $10.7B |
| Net Receivables | $633M |
| Inventory | $0 |
| Other Current Assets | $7.5B |
| TOTAL CURRENT ASSETS | $21.6B |
| PP&E (Net) | $137M |
| Goodwill | $0 |
| Intangible Assets | $147M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $22.9B |
| Account Payables | $7.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $142M |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $285.9K |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $13.4B |
| Common Stock | $23.5K |
| Additional Paid-In Capital | $13.5B |
| Retained Earnings | -$3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$243M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $22.9B |
| Total Debt | $1.8B |
| Net Debt | -$1.0B |
