| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $758M | $607M | $228M | 24.8% | 232.3% |
| Op. Income | $69M | $90M | -$51M | -23.4% | 235.4% |
| Gross Margin | 43.4% | 47.6% | 46.1% | -4.2pp | -2.8pp |
| Net Margin | 9.1% | 14.7% | -21.8% | -5.5pp | 31.0pp |
| EPS (Diluted) | $0.20 | $0.31 | $-0.19 | -35.5% | 205.3% |
| Free Cash Flow | $263M | $281M | -$99M | -6.5% | 366.3% |
| Item | Amount |
|---|---|
| REVENUE | $758M |
| Cost of Revenue | $429M |
| GROSS PROFIT | $329M |
| R&D Expenses | $37M |
| Selling & Marketing | $115M |
| General & Administrative | $109M |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $260M |
| Cost & Expenses | $689M |
| OPERATING INCOME | $69M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $11M |
| EBIT | $71M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $758M |
| Cost of Revenue | $429M |
| GROSS PROFIT | $329M |
| R&D Expenses | $37M |
| Selling & Marketing | $115M |
| General & Administrative | $109M |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $260M |
| Cost & Expenses | $689M |
| OPERATING INCOME | $69M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $11M |
| EBIT | $71M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $33M |
| Change in Working Capital | $185M |
| OPERATING CASH FLOW | $312M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $125M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $263M |
| Net Change in Cash | $395M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $592M |
| Net Receivables | $50M |
| Inventory | $364M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $812M |
| Goodwill | $40M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $895M |
| TOTAL ASSETS | $3.5B |
| Account Payables | $275M |
| Short-Term Debt | $0 |
| Deferred Revenue | $521M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $583M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$625M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $605M |
| Net Debt | -$826M |
