| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $850M | $480M | $867M | 76.8% | -2.0% |
| Op. Income | $845M | $560M | $484M | 50.8% | 74.7% |
| Gross Margin | 114.2% | 142.3% | 72.8% | -28.1pp | 41.4pp |
| Net Margin | 75.5% | 90.1% | 41.8% | -14.6pp | 33.7pp |
| EPS (Diluted) | $1.75 | $1.14 | $0.87 | 53.5% | 101.1% |
| Free Cash Flow | $46M | $26M | $144M | 72.8% | -68.3% |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | -$121M |
| GROSS PROFIT | $970M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $77M |
| SG&A Expenses | $77M |
| Other Expenses | $49M |
| Operating Expenses | $126M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $845M |
| Interest Income | $436M |
| Interest Expense | $105M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $845M |
| Income Tax Expense | $204M |
| Net Income from Continuing Ops | $641M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $641M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $640M |
| D&A | $4M |
| EBIT | $845M |
| EBITDA | $848M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | -$121M |
| GROSS PROFIT | $970M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $77M |
| SG&A Expenses | $77M |
| Other Expenses | $49M |
| Operating Expenses | $126M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $845M |
| Interest Income | $436M |
| Interest Expense | $105M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $845M |
| Income Tax Expense | $204M |
| Net Income from Continuing Ops | $641M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $641M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $640M |
| D&A | $4M |
| EBIT | $845M |
| EBITDA | $848M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $641M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $206M |
| Other Non-Cash Items | -$600M |
| Change in Working Capital | -$216M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$201M |
| Sales/Maturities of Investments | $205M |
| Other Investing Activities | $2.4B |
| NET CASH FROM INVESTING | $2.4B |
| Net Debt Issuance | -$272M |
| Common Stock Repurchased | -$551M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $161M |
| NET CASH FROM FINANCING | -$674M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.2B |
| Short-Term Investments | $2.1B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.8B |
| PP&E (Net) | $155M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $251M |
| TOTAL NON-CURRENT ASSETS | $20.9B |
| TOTAL ASSETS | $30.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.8B |
| TOTAL CURRENT LIABILITIES | $22.8B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $298M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $28.0B |
| Common Stock | $86M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $30.6B |
| Total Debt | $4.9B |
| Net Debt | -$1.3B |
