| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.0B | $3.6B | 2.8% | 12.3% |
| Op. Income | $482M | $186M | $195M | 159.1% | 147.2% |
| Gross Margin | 17.1% | 7.3% | 12.2% | 9.9pp | 4.9pp |
| Net Margin | 8.5% | 3.5% | 4.4% | 4.9pp | 4.1pp |
| EPS (Diluted) | $5.02 | $2.04 | $2.48 | 146.1% | 102.4% |
| Free Cash Flow | -$42M | $2.4B | $367M | -101.8% | -111.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $697M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $215M |
| Operating Expenses | $215M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $482M |
| Interest Income | $95M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $482M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $344M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $344M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $344M |
| D&A | $0 |
| EBIT | $525M |
| EBITDA | $525M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $697M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $215M |
| Operating Expenses | $215M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $482M |
| Interest Income | $95M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $482M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $344M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $344M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $344M |
| D&A | $0 |
| EBIT | $525M |
| EBITDA | $525M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $344M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$380M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $19M |
| Purchases of Investments | -$4.6B |
| Sales/Maturities of Investments | $5.1B |
| Other Investing Activities | -$202M |
| NET CASH FROM INVESTING | $319M |
| Net Debt Issuance | -$423M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $314M |
| NET CASH FROM FINANCING | -$157M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | $132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $0 |
| Net Receivables | $3.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $76.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.3B |
| TOTAL NON-CURRENT ASSETS | $82.6B |
| TOTAL ASSETS | $88.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $69.3B |
| TOTAL NON-CURRENT LIABILITIES | $75.5B |
| TOTAL LIABILITIES | $75.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $8.5B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $4.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.4B |
| TOTAL LIABILITIES & EQUITY | $88.9B |
| Total Debt | $3.5B |
| Net Debt | $242M |
