| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $872M | 0.6% | 30.7% |
| Op. Income | $264M | $228M | $143M | 15.9% | 84.7% |
| Gross Margin | 99.6% | 99.2% | 96.3% | 0.4pp | 3.3pp |
| Net Margin | 17.4% | 15.3% | 12.4% | 2.1pp | 5.0pp |
| EPS (Diluted) | $1.60 | $1.40 | $0.93 | 14.3% | 72.0% |
| Free Cash Flow | $70M | -$531M | $900M | 113.1% | -92.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $5M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $692M |
| SG&A Expenses | $692M |
| Other Expenses | $179M |
| Operating Expenses | $872M |
| Cost & Expenses | $876M |
| OPERATING INCOME | $264M |
| Interest Income | $134M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $198M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $190M |
| D&A | $15M |
| EBIT | $264M |
| EBITDA | $279M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $5M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $692M |
| SG&A Expenses | $692M |
| Other Expenses | $179M |
| Operating Expenses | $872M |
| Cost & Expenses | $876M |
| OPERATING INCOME | $264M |
| Interest Income | $134M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $264M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $198M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $190M |
| D&A | $15M |
| EBIT | $264M |
| EBITDA | $279M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $198M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $202M |
| Change in Working Capital | -$331M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$946M |
| Sales/Maturities of Investments | $650M |
| Other Investing Activities | -$895M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $2.3B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $930M |
| Goodwill | $1.2B |
| Intangible Assets | $133M |
| Long-Term Investments | $20.1B |
| Tax Assets | $118M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $24.1B |
| TOTAL ASSETS | $29.7B |
| Account Payables | $2.5B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.6B |
| TOTAL CURRENT LIABILITIES | $23.4B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $661M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $25.2B |
| Common Stock | $17M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$283M |
| Accum. Other Comp. Income | $27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $29.7B |
| Total Debt | $2.4B |
| Net Debt | $1.1B |
