| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.0B | $3.6B | -4.8% | -19.4% |
| Op. Income | $1.3B | $944M | $382M | 39.3% | 244.2% |
| Gross Margin | 77.9% | 64.2% | 38.7% | 13.7pp | 39.2pp |
| Net Margin | 35.5% | 24.4% | 8.0% | 11.2pp | 27.5pp |
| EPS (Diluted) | $1.73 | $1.24 | $0.45 | 39.5% | 284.4% |
| Free Cash Flow | $1.8B | $2.1B | $1.5B | -11.8% | 19.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $95M |
| General & Administrative | $364M |
| SG&A Expenses | $459M |
| Other Expenses | $473M |
| Operating Expenses | $932M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $1.3B |
| Interest Income | $3.7B |
| Interest Expense | $303M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $290M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | -$11M |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $95M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $95M |
| General & Administrative | $364M |
| SG&A Expenses | $459M |
| Other Expenses | $473M |
| Operating Expenses | $932M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $1.3B |
| Interest Income | $3.7B |
| Interest Expense | $303M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $290M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | -$11M |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $95M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $95M |
| Stock-Based Compensation | $334M |
| Deferred Income Tax | $114M |
| Other Non-Cash Items | $130M |
| Change in Working Capital | $141M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | $3.7B |
| NET CASH FROM INVESTING | $4.6B |
| Net Debt Issuance | -$618M |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$128M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$979M |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | $5.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.6B |
| Short-Term Investments | $6.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23.2B |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $76.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.5B |
| TOTAL NON-CURRENT ASSETS | $72.7B |
| TOTAL ASSETS | $95.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $62.8B |
| TOTAL CURRENT LIABILITIES | $67.3B |
| Long-Term Debt | $15.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $15.2B |
| TOTAL LIABILITIES | $82.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.6B |
| Retained Earnings | $11.5B |
| Treasury Stock | -$8.3B |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.4B |
| TOTAL LIABILITIES & EQUITY | $95.9B |
| Total Debt | $15.2B |
| Net Debt | -$1.5B |
