| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.1B | $1.9B | 4.9% | 15.2% |
| Op. Income | $658M | $254M | $415M | 159.1% | 58.6% |
| Gross Margin | 50.4% | 50.2% | 51.2% | 0.2pp | -0.8pp |
| Net Margin | 20.1% | 10.6% | 13.0% | 9.4pp | 7.1pp |
| EPS (Diluted) | $1.00 | $0.50 | $0.50 | 100.0% | 100.0% |
| Free Cash Flow | $550M | $214M | $504M | 157.0% | 9.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $65M |
| Selling & Marketing | $240M |
| General & Administrative | $130M |
| SG&A Expenses | $370M |
| Other Expenses | -$5M |
| Operating Expenses | $430M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $658M |
| Interest Income | $0 |
| Interest Expense | $103M |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | $560M |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $433M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $433M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $435M |
| D&A | $144M |
| EBIT | $663M |
| EBITDA | $807M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $65M |
| Selling & Marketing | $240M |
| General & Administrative | $130M |
| SG&A Expenses | $370M |
| Other Expenses | -$5M |
| Operating Expenses | $430M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $658M |
| Interest Income | $0 |
| Interest Expense | $103M |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | $560M |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $433M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $433M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $435M |
| D&A | $144M |
| EBIT | $663M |
| EBITDA | $807M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $433M |
| Depreciation & Amortization | $144M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | $113M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$120M |
| OPERATING CASH FLOW | $636M |
| Capital Expenditure | -$86M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | $952M |
| Common Stock Repurchased | -$334M |
| Common Dividends Paid | -$60M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | $541M |
| FREE CASH FLOW | $550M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $654M |
| Inventory | $5M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.8B |
| Goodwill | $3.1B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $111M |
| Other Non-Current Assets | $764M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $11.2B |
| Account Payables | $1.1B |
| Short-Term Debt | $998M |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $8.8B |
| Deferred Revenue NC | $110M |
| Deferred Tax Liabilities | $307M |
| Other Non-Current Liabilities | $139M |
| TOTAL NON-CURRENT LIABILITIES | $9.8B |
| TOTAL LIABILITIES | $13.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.5B |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2.5B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $10.3B |
| Net Debt | $9.1B |
