| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $758M | $466M | 40.5% | 128.4% |
| Op. Income | $59M | $69M | -$62M | -14.7% | 195.6% |
| Gross Margin | 39.9% | 43.4% | 42.3% | -3.5pp | -2.4pp |
| Net Margin | 6.0% | 9.1% | -11.9% | -3.2pp | 17.9pp |
| EPS (Diluted) | $0.18 | $0.20 | $-0.20 | -10.0% | 190.0% |
| Free Cash Flow | $140M | $263M | $83M | -46.6% | 69.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $640M |
| GROSS PROFIT | $425M |
| R&D Expenses | $48M |
| Selling & Marketing | $177M |
| General & Administrative | $141M |
| SG&A Expenses | $319M |
| Other Expenses | $0 |
| Operating Expenses | $366M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $59M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $13M |
| EBIT | $61M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $640M |
| GROSS PROFIT | $425M |
| R&D Expenses | $48M |
| Selling & Marketing | $177M |
| General & Administrative | $141M |
| SG&A Expenses | $319M |
| Other Expenses | $0 |
| Operating Expenses | $366M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $59M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $13M |
| EBIT | $61M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $176M |
| Other Investing Activities | -$515M |
| NET CASH FROM INVESTING | -$409M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | $140M |
| Net Change in Cash | -$182M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $862M |
| Net Receivables | $54M |
| Inventory | $523M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $943M |
| Goodwill | $41M |
| Intangible Assets | $39M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $721M |
| Short-Term Debt | $0 |
| Deferred Revenue | $611M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $598M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$561M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $619M |
| Net Debt | -$629M |
