| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $646M | $340M | $562M | 90.0% | 14.9% |
| Op. Income | $137M | $15M | $67M | 790.5% | 103.6% |
| Gross Margin | 46.4% | 47.5% | 40.5% | -1.2pp | 5.9pp |
| Net Margin | 20.5% | 5.4% | 12.6% | 15.1pp | 7.9pp |
| EPS (Diluted) | $1.01 | $0.16 | $0.60 | 531.3% | 68.3% |
| Free Cash Flow | $203M | $76M | $103M | 168.4% | 97.4% |
| Item | Amount |
|---|---|
| REVENUE | $646M |
| Cost of Revenue | $346M |
| GROSS PROFIT | $299M |
| R&D Expenses | $52M |
| Selling & Marketing | $74M |
| General & Administrative | $35M |
| SG&A Expenses | $110M |
| Other Expenses | $0 |
| Operating Expenses | $162M |
| Cost & Expenses | $508M |
| OPERATING INCOME | $137M |
| Interest Income | $36.0K |
| Interest Expense | $265.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $8M |
| EBIT | $142M |
| EBITDA | $150M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $646M |
| Cost of Revenue | $346M |
| GROSS PROFIT | $299M |
| R&D Expenses | $52M |
| Selling & Marketing | $74M |
| General & Administrative | $35M |
| SG&A Expenses | $110M |
| Other Expenses | $0 |
| Operating Expenses | $162M |
| Cost & Expenses | $508M |
| OPERATING INCOME | $137M |
| Interest Income | $36.0K |
| Interest Expense | $265.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $8M |
| EBIT | $142M |
| EBITDA | $150M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $12.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $62M |
| OPERATING CASH FLOW | $215M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $70M |
| NET CASH FROM FINANCING | $64M |
| FREE CASH FLOW | $203M |
| Net Change in Cash | $271M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $678M |
| Short-Term Investments | $0 |
| Net Receivables | $114M |
| Inventory | $88M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $901M |
| PP&E (Net) | $106M |
| Goodwill | $16M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $166M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $240M |
| Short-Term Debt | $25M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $114M |
| TOTAL CURRENT LIABILITIES | $456M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $101M |
| TOTAL LIABILITIES | $557M |
| Common Stock | $121.0K |
| Additional Paid-In Capital | $633M |
| Retained Earnings | -$96M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $510M |
| Minority Interest | $0 |
| TOTAL EQUITY | $510M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $78M |
| Net Debt | -$600M |
