| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $731M | $737M | $756M | -0.8% | -3.3% |
| Op. Income | $411M | $359M | $16M | 14.5% | 2468.8% |
| Gross Margin | 115.7% | 106.4% | 56.1% | 9.4pp | 59.6pp |
| Net Margin | 44.0% | 38.5% | 1.9% | 5.5pp | 42.2pp |
| EPS (Diluted) | $1.90 | $1.66 | $0.04 | 14.5% | 4650.0% |
| Free Cash Flow | $431M | $123M | $125M | 250.4% | 244.8% |
| Item | Amount |
|---|---|
| REVENUE | $731M |
| Cost of Revenue | -$115M |
| GROSS PROFIT | $846M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $298M |
| SG&A Expenses | $305M |
| Other Expenses | $130M |
| Operating Expenses | $435M |
| Cost & Expenses | $320M |
| OPERATING INCOME | $411M |
| Interest Income | $562M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $411M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $322M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $322M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $312M |
| D&A | -$3M |
| EBIT | $411M |
| EBITDA | $408M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $731M |
| Cost of Revenue | -$115M |
| GROSS PROFIT | $846M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $298M |
| SG&A Expenses | $305M |
| Other Expenses | $130M |
| Operating Expenses | $435M |
| Cost & Expenses | $320M |
| OPERATING INCOME | $411M |
| Interest Income | $562M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $411M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $322M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $322M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $312M |
| D&A | -$3M |
| EBIT | $411M |
| EBITDA | $408M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $322M |
| Depreciation & Amortization | -$3M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $70M |
| Other Non-Cash Items | -$150M |
| Change in Working Capital | $231M |
| OPERATING CASH FLOW | $484M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.6B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $69M |
| NET CASH FROM INVESTING | -$4.0B |
| Net Debt Issuance | -$540M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$66M |
| Other Financing Activities | $4.2B |
| NET CASH FROM FINANCING | $3.5B |
| FREE CASH FLOW | $431M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.0B |
| Short-Term Investments | $16.8B |
| Net Receivables | $310M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26.1B |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $53.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $59.0B |
| TOTAL ASSETS | $85.1B |
| Account Payables | $0 |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $73.9B |
| TOTAL CURRENT LIABILITIES | $74.9B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $77.2B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $148M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.9B |
| TOTAL LIABILITIES & EQUITY | $85.1B |
| Total Debt | $2.3B |
| Net Debt | -$6.7B |
