| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.9B | $11.0B | $10.3B | -10.0% | -3.3% |
| Op. Income | $3.8B | $3.6B | $1.3B | 6.2% | 198.4% |
| Gross Margin | 85.7% | 84.7% | 53.2% | 1.0pp | 32.5pp |
| Net Margin | 29.5% | 25.4% | 10.5% | 4.1pp | 18.9pp |
| EPS (Diluted) | $2.02 | $1.94 | $0.73 | 3.8% | 176.0% |
| Free Cash Flow | -$5.2B | $22.2B | $66.6B | -123.2% | -107.7% |
| Item | Amount |
|---|---|
| REVENUE | $9.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.1B |
| SG&A Expenses | $3.1B |
| Other Expenses | $1.6B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $3.8B |
| Interest Income | $5.0B |
| Interest Expense | $1.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $856M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $466M |
| EBIT | $3.8B |
| EBITDA | $4.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.1B |
| SG&A Expenses | $3.1B |
| Other Expenses | $1.6B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $3.8B |
| Interest Income | $5.0B |
| Interest Expense | $1.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $856M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $466M |
| EBIT | $3.8B |
| EBITDA | $4.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $466M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $332M |
| Other Non-Cash Items | -$167M |
| Change in Working Capital | -$8.4B |
| OPERATING CASH FLOW | -$4.8B |
| Capital Expenditure | -$362M |
| Acquisitions (Net) | $57M |
| Purchases of Investments | -$20.9B |
| Sales/Maturities of Investments | $24.6B |
| Other Investing Activities | -$21.7B |
| NET CASH FROM INVESTING | -$18.3B |
| Net Debt Issuance | -$112M |
| Common Stock Repurchased | -$863M |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | -$730.8K |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | -$5.2B |
| Net Change in Cash | -$25.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129.9B |
| Short-Term Investments | $93.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $223.7B |
| PP&E (Net) | $5.6B |
| Goodwill | $7.9B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $615.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $328.3B |
| TOTAL NON-CURRENT ASSETS | $956.7B |
| TOTAL ASSETS | $1.2T |
| Account Payables | $0 |
| Short-Term Debt | $256.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $589.5B |
| TOTAL CURRENT LIABILITIES | $846.2B |
| Long-Term Debt | $126.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $139.8B |
| TOTAL NON-CURRENT LIABILITIES | $266.4B |
| TOTAL LIABILITIES | $1.1T |
| Common Stock | $12.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $48.4B |
| Treasury Stock | $1M |
| Accum. Other Comp. Income | $1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $67.8B |
| Minority Interest | $64M |
| TOTAL EQUITY | $67.8B |
| TOTAL LIABILITIES & EQUITY | $1.2T |
| Total Debt | $383.3B |
| Net Debt | $253.4B |
