| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | — | $854M | — | 259.1% |
| Op. Income | -$961M | — | -$627M | — | -53.2% |
| Gross Margin | 12.5% | — | 4.6% | — | 7.9pp |
| Net Margin | -23.2% | — | -46.7% | — | 23.6pp |
| EPS (Diluted) | $-0.87 | — | $-0.94 | — | 7.8% |
| Free Cash Flow | -$791M | — | -$219M | — | -260.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $383M |
| R&D Expenses | $601M |
| Selling & Marketing | $625M |
| General & Administrative | $150M |
| SG&A Expenses | $775M |
| Other Expenses | -$32M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | -$961M |
| Interest Income | $109M |
| Interest Expense | $8M |
| Other Income/Expenses | $255M |
| INCOME BEFORE TAX | -$707M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$711M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$711M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$711M |
| D&A | $122M |
| EBIT | -$699M |
| EBITDA | -$576M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$711M |
| Depreciation & Amortization | $122M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | -$100M |
| Other Non-Cash Items | -$51M |
| Change in Working Capital | $524M |
| OPERATING CASH FLOW | -$160M |
| Capital Expenditure | -$631M |
| Acquisitions (Net) | -$291M |
| Purchases of Investments | -$4.2B |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $293M |
| NET CASH FROM INVESTING | -$4.8B |
| Net Debt Issuance | $222M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $2.1B |
| FREE CASH FLOW | -$791M |
| Net Change in Cash | -$2.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $4.2B |
| Net Receivables | $607M |
| Inventory | $389M |
| Other Current Assets | $422M |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $1.0B |
| Goodwill | $0 |
| Intangible Assets | $215M |
| Long-Term Investments | $226M |
| Tax Assets | $742M |
| Other Non-Current Assets | $253M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $1.8B |
| Short-Term Debt | $16M |
| Deferred Revenue | $92M |
| Other Current Liabilities | $462M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $494M |
| Deferred Revenue NC | $95M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $802M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $16.4K |
| Additional Paid-In Capital | $8.8B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$240M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $738M |
| Net Debt | -$1.1B |
