| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $514M | $354M | $337M | 45.1% | 52.4% |
| Op. Income | $276M | $234M | $113M | 17.8% | 144.6% |
| Gross Margin | 97.4% | 104.4% | 66.8% | -7.0pp | 30.5pp |
| Net Margin | 43.6% | 54.4% | 27.7% | -10.8pp | 15.9pp |
| EPS (Diluted) | $2.17 | $1.90 | $0.93 | 14.2% | 133.3% |
| Free Cash Flow | -$1.2B | $90M | $158M | -1467.7% | -878.4% |
| Item | Amount |
|---|---|
| REVENUE | $514M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $500M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $129M |
| SG&A Expenses | $132M |
| Other Expenses | $92M |
| Operating Expenses | $224M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $276M |
| Interest Income | $399M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $224M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $13M |
| EBIT | $276M |
| EBITDA | $289M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $514M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $500M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $129M |
| SG&A Expenses | $132M |
| Other Expenses | $92M |
| Operating Expenses | $224M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $276M |
| Interest Income | $399M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $224M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $13M |
| EBIT | $276M |
| EBITDA | $289M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $224M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$1.5B |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | -$1.2B |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$1.0B |
| Purchases of Investments | -$486M |
| Sales/Maturities of Investments | $475M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $592M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $799M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | -$2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $6.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.0B |
| PP&E (Net) | $245M |
| Goodwill | $611M |
| Intangible Assets | $726M |
| Long-Term Investments | $35.9B |
| Tax Assets | $37M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $39.1B |
| TOTAL ASSETS | $49.1B |
| Account Payables | $0 |
| Short-Term Debt | $58M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41.9B |
| TOTAL CURRENT LIABILITIES | $42.0B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $45.0B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.4B |
| Treasury Stock | -$84M |
| Accum. Other Comp. Income | $65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $49.1B |
| Total Debt | $1.9B |
| Net Debt | -$1.5B |
