| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.0B | $7.5B | $3.2B | 19.9% | 182.7% |
| Op. Income | $595M | $441M | -$2.9B | 34.9% | 120.7% |
| Gross Margin | 11.5% | 5.2% | -74.8% | 6.3pp | 86.3pp |
| Net Margin | 1.9% | 0.3% | -75.6% | 1.6pp | 77.5pp |
| EPS (Diluted) | $0.23 | $0.03 | $-4.71 | 695.8% | 104.9% |
| Free Cash Flow | -$1.8B | $3.4B | -$3.2B | -152.3% | 43.5% |
| Item | Amount |
|---|---|
| REVENUE | $9.0B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $318M |
| General & Administrative | $0 |
| SG&A Expenses | $318M |
| Other Expenses | $119M |
| Operating Expenses | $437M |
| Cost & Expenses | $8.4B |
| OPERATING INCOME | $595M |
| Interest Income | $5M |
| Interest Expense | $476M |
| Other Income/Expenses | -$389M |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $558M |
| EBIT | $682M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9.0B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $318M |
| General & Administrative | $0 |
| SG&A Expenses | $318M |
| Other Expenses | $119M |
| Operating Expenses | $437M |
| Cost & Expenses | $8.4B |
| OPERATING INCOME | $595M |
| Interest Income | $5M |
| Interest Expense | $476M |
| Other Income/Expenses | -$389M |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $558M |
| EBIT | $682M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $716M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.6B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$1.7B |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$915M |
| Sales/Maturities of Investments | $4.7B |
| Other Investing Activities | -$440M |
| NET CASH FROM INVESTING | $3.3B |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | -$1.8B |
| Net Change in Cash | -$3.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $293M |
| Short-Term Investments | $14.2B |
| Net Receivables | $1.3B |
| Inventory | $1.9B |
| Other Current Assets | $923M |
| TOTAL CURRENT ASSETS | $19.2B |
| PP&E (Net) | $37.6B |
| Goodwill | $4.1B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $3.6B |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $49.2B |
| TOTAL ASSETS | $68.4B |
| Account Payables | $1.8B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $9.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18.9B |
| Long-Term Debt | $36.0B |
| Deferred Revenue NC | $6.4B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.9B |
| TOTAL NON-CURRENT LIABILITIES | $56.9B |
| TOTAL LIABILITIES | $75.9B |
| Common Stock | $6M |
| Additional Paid-In Capital | $7.2B |
| Retained Earnings | -$7.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$7.4B |
| TOTAL LIABILITIES & EQUITY | $68.4B |
| Total Debt | $46.7B |
| Net Debt | $46.4B |
