| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.9B | $8.2B | $5.2B | -3.6% | 52.1% |
| Op. Income | $2.2B | $2.5B | $991M | -14.3% | 118.6% |
| Gross Margin | 56.7% | 57.6% | 56.0% | -0.9pp | 0.8pp |
| Net Margin | 22.2% | 29.8% | 9.0% | -7.6pp | 13.2pp |
| EPS (Diluted) | $1.53 | $2.12 | $0.41 | -27.8% | 273.2% |
| Free Cash Flow | $2.4B | $2.7B | $738M | -10.3% | 229.0% |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $557M |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $2.2B |
| Interest Income | $22M |
| Interest Expense | $141M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $367M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $387M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $557M |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $2.2B |
| Interest Income | $22M |
| Interest Expense | $141M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $367M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $387M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $387M |
| Stock-Based Compensation | $422M |
| Deferred Income Tax | -$288M |
| Other Non-Cash Items | -$120M |
| Change in Working Capital | $748M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$483M |
| Acquisitions (Net) | -$1.1B |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$734M |
| Other Financing Activities | -$61M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.0B |
| Short-Term Investments | $5.5B |
| Net Receivables | $3.3B |
| Inventory | $2.7B |
| Other Current Assets | $759M |
| TOTAL CURRENT ASSETS | $18.3B |
| PP&E (Net) | $4.2B |
| Goodwill | $7.2B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $35M |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $18.9B |
| TOTAL ASSETS | $37.2B |
| Account Payables | $2.5B |
| Short-Term Debt | $500M |
| Deferred Revenue | $586M |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $15.2B |
| Deferred Revenue NC | $563M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.9B |
| TOTAL NON-CURRENT LIABILITIES | $20.7B |
| TOTAL LIABILITIES | $29.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $281M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $37.2B |
| Total Debt | $15.7B |
| Net Debt | $9.7B |
