| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.4B | $11.2B | $7.2B | 81.1% | 183.2% |
| Op. Income | $243M | $171M | $165M | 42.8% | 47.3% |
| Gross Margin | 0.7% | 0.9% | 1.5% | -0.2pp | -0.8pp |
| Net Margin | 0.2% | 0.1% | 0.3% | 0.0pp | -0.1pp |
| EPS (Diluted) | $0.89 | $0.37 | $0.54 | 140.5% | 64.8% |
| Free Cash Flow | $500M | $666M | $73M | -24.9% | 581.7% |
| Item | Amount |
|---|---|
| REVENUE | $20.4B |
| Cost of Revenue | $20.2B |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $12M |
| SG&A Expenses | $16M |
| Other Expenses | -$123M |
| Operating Expenses | -$107M |
| Cost & Expenses | $20.1B |
| OPERATING INCOME | $243M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$187M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $7M |
| EBIT | $86M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20.4B |
| Cost of Revenue | $20.2B |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $12M |
| SG&A Expenses | $16M |
| Other Expenses | -$123M |
| Operating Expenses | -$107M |
| Cost & Expenses | $20.1B |
| OPERATING INCOME | $243M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$187M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $7M |
| EBIT | $86M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$400.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $450M |
| OPERATING CASH FLOW | $502M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $134M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $128M |
| FREE CASH FLOW | $500M |
| Net Change in Cash | $621M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $520M |
| Short-Term Investments | $0 |
| Net Receivables | $3.8B |
| Inventory | $255M |
| Other Current Assets | $3.5B |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $75M |
| Goodwill | $52M |
| Intangible Assets | $21M |
| Long-Term Investments | $2.5B |
| Tax Assets | $14M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $4.7B |
| Short-Term Debt | $275M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $704M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $286M |
| Retained Earnings | $458M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $649M |
| Minority Interest | $0 |
| TOTAL EQUITY | $649M |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $4.4B |
| Net Debt | $3.8B |
