| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.0B | — | $6.0B | — | 98.1% |
| Op. Income | $1.3B | — | $327M | — | 301.2% |
| Gross Margin | 24.1% | — | 21.0% | — | 3.1pp |
| Net Margin | 9.6% | — | 1.7% | — | 7.8pp |
| EPS (Diluted) | $0.34 | — | $0.03 | — | 914.9% |
| Free Cash Flow | $609M | — | $398M | — | 53.0% |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $9.1B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $576M |
| Selling & Marketing | $0 |
| General & Administrative | $973M |
| SG&A Expenses | $973M |
| Other Expenses | $23M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $10.6B |
| OPERATING INCOME | $1.3B |
| Interest Income | $11M |
| Interest Expense | $75M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $681M |
| EBIT | $1.4B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $9.1B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $576M |
| Selling & Marketing | $0 |
| General & Administrative | $973M |
| SG&A Expenses | $973M |
| Other Expenses | $23M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $10.6B |
| OPERATING INCOME | $1.3B |
| Interest Income | $11M |
| Interest Expense | $75M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $681M |
| EBIT | $1.4B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $681M |
| Stock-Based Compensation | $474M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $151M |
| Change in Working Capital | -$324M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $609M |
| Net Change in Cash | -$898M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.2B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $4.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24.7B |
| PP&E (Net) | $27.0B |
| Goodwill | $203M |
| Intangible Assets | $283M |
| Long-Term Investments | $1.3B |
| Tax Assets | -$3M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $30.4B |
| TOTAL ASSETS | $55.1B |
| Account Payables | $7.6B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $2.5B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $16.4B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $1.3B |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $12.5B |
| TOTAL LIABILITIES | $28.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $28.2B |
| Retained Earnings | -$3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $206M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.8B |
| Minority Interest | $1.4B |
| TOTAL EQUITY | $26.3B |
| TOTAL LIABILITIES & EQUITY | $55.1B |
| Total Debt | $11.1B |
| Net Debt | -$5.1B |
