| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $4.8B | $2.5B | -3.5% | 82.5% |
| Op. Income | $1.7B | $2.0B | $888M | -12.3% | 93.6% |
| Gross Margin | 97.4% | 97.8% | 96.2% | -0.5pp | 1.2pp |
| Net Margin | 27.2% | 30.8% | 26.3% | -3.6pp | 0.9pp |
| EPS (Diluted) | $0.59 | $0.73 | $0.48 | -19.2% | 22.9% |
| Free Cash Flow | -$833M | -$4.9B | -$16.6B | 83.1% | 95.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $122M |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $1.1B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.7B |
| Interest Income | $2.1B |
| Interest Expense | $122M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $454M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $289M |
| EBIT | $1.7B |
| EBITDA | $2.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $122M |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $1.1B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.7B |
| Interest Income | $2.1B |
| Interest Expense | $122M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $454M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $289M |
| EBIT | $1.7B |
| EBITDA | $2.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $289M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $656M |
| Change in Working Capital | -$2.8B |
| OPERATING CASH FLOW | -$594M |
| Capital Expenditure | -$239M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40.5B |
| Sales/Maturities of Investments | $26.4B |
| Other Investing Activities | -$3.5B |
| NET CASH FROM INVESTING | -$17.9B |
| Net Debt Issuance | $2.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$455M |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | -$254M |
| FREE CASH FLOW | -$833M |
| Net Change in Cash | -$18.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30.3B |
| Short-Term Investments | $359.6B |
| Net Receivables | $82.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $472.2B |
| PP&E (Net) | $3.1B |
| Goodwill | $12.0B |
| Intangible Assets | $9.7B |
| Long-Term Investments | $28.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $48.6B |
| TOTAL NON-CURRENT ASSETS | $102.3B |
| TOTAL ASSETS | $574.5B |
| Account Payables | $105.0B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $379.6B |
| TOTAL CURRENT LIABILITIES | $498.4B |
| Long-Term Debt | $18.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $18.7B |
| TOTAL LIABILITIES | $517.1B |
| Common Stock | $21M |
| Additional Paid-In Capital | $26.7B |
| Retained Earnings | $23.8B |
| Treasury Stock | -$5.5B |
| Accum. Other Comp. Income | $2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $57.5B |
| TOTAL LIABILITIES & EQUITY | $574.5B |
| Total Debt | $22.2B |
| Net Debt | -$8.1B |
