| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $2.9B | $2.8B | 20.2% | 26.0% |
| Op. Income | $507M | $426M | $455M | 19.0% | 11.4% |
| Gross Margin | 35.7% | 39.3% | 40.6% | -3.6pp | -4.9pp |
| Net Margin | 10.2% | 9.8% | 10.5% | 0.5pp | -0.3pp |
| EPS (Diluted) | $0.67 | $0.54 | $0.56 | 24.1% | 19.6% |
| Free Cash Flow | -$1.2B | -$1.0B | -$938M | -14.4% | -23.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $757M |
| Operating Expenses | $757M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $507M |
| Interest Income | $0 |
| Interest Expense | $200M |
| Other Income/Expenses | -$167M |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $362M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $362M |
| D&A | $547M |
| EBIT | $540M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $757M |
| Operating Expenses | $757M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $507M |
| Interest Income | $0 |
| Interest Expense | $200M |
| Other Income/Expenses | -$167M |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $362M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $362M |
| D&A | $547M |
| EBIT | $540M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $362M |
| Depreciation & Amortization | $547M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | -$43M |
| Change in Working Capital | -$988M |
| OPERATING CASH FLOW | -$136M |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | -$1.4B |
| Purchases of Investments | -$199M |
| Sales/Maturities of Investments | $194M |
| Other Investing Activities | $1.4B |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $2.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$223M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $2.1B |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | $910M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $469M |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $45.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $52.2B |
| TOTAL ASSETS | $56.5B |
| Account Payables | $1.2B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $824M |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $21.5B |
| Deferred Revenue NC | $195M |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $9.2B |
| TOTAL NON-CURRENT LIABILITIES | $36.9B |
| TOTAL LIABILITIES | $41.8B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $7.4B |
| Retained Earnings | $6.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$138M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.7B |
| TOTAL LIABILITIES & EQUITY | $56.5B |
| Total Debt | $24.5B |
| Net Debt | $23.4B |
