| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59.7B | $58.3B | $53.8B | 2.4% | 10.9% |
| Op. Income | $13.1B | $12.9B | $11.5B | 1.9% | 13.4% |
| Gross Margin | 38.0% | 38.4% | 37.6% | -0.4pp | 0.4pp |
| Net Margin | 18.9% | 19.3% | 18.7% | -0.4pp | 0.2pp |
| EPS (Diluted) | $0.65 | $0.64 | $0.55 | 1.6% | 18.2% |
| Free Cash Flow | $14.7B | $11.5B | $9.6B | 28.3% | 52.6% |
| Item | Amount |
|---|---|
| REVENUE | $59.7B |
| Cost of Revenue | $37.0B |
| GROSS PROFIT | $22.7B |
| R&D Expenses | $4.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $9.6B |
| Cost & Expenses | $46.6B |
| OPERATING INCOME | $13.1B |
| Interest Income | $901M |
| Interest Expense | $697M |
| Other Income/Expenses | $46M |
| INCOME BEFORE TAX | $13.1B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $11.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.3B |
| D&A | $2.8B |
| EBIT | $13.8B |
| EBITDA | $16.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $59.7B |
| Cost of Revenue | $37.0B |
| GROSS PROFIT | $22.7B |
| R&D Expenses | $4.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $9.6B |
| Cost & Expenses | $46.6B |
| OPERATING INCOME | $13.1B |
| Interest Income | $901M |
| Interest Expense | $697M |
| Other Income/Expenses | $46M |
| INCOME BEFORE TAX | $13.1B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $11.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.3B |
| D&A | $2.8B |
| EBIT | $13.8B |
| EBITDA | $16.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11.3B |
| Depreciation & Amortization | $2.8B |
| Stock-Based Compensation | $1.7B |
| Deferred Income Tax | $833M |
| Other Non-Cash Items | $165M |
| Change in Working Capital | -$430M |
| OPERATING CASH FLOW | $16.3B |
| Capital Expenditure | -$1.6B |
| Acquisitions (Net) | -$339M |
| Purchases of Investments | -$30.1B |
| Sales/Maturities of Investments | $27.1B |
| Other Investing Activities | -$269M |
| NET CASH FROM INVESTING | -$5.2B |
| Net Debt Issuance | -$441M |
| Common Stock Repurchased | -$15.9B |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | $2.5B |
| NET CASH FROM FINANCING | -$19.1B |
| FREE CASH FLOW | $14.7B |
| Net Change in Cash | -$8.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33.4B |
| Short-Term Investments | $59.6B |
| Net Receivables | $32.1B |
| Inventory | $4.0B |
| Other Current Assets | $11.0B |
| TOTAL CURRENT ASSETS | $140.1B |
| PP&E (Net) | $35.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $100.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $41.0B |
| TOTAL NON-CURRENT ASSETS | $177.3B |
| TOTAL ASSETS | $317.3B |
| Account Payables | $35.3B |
| Short-Term Debt | $18.7B |
| Deferred Revenue | $6.3B |
| Other Current Liabilities | $33.6B |
| TOTAL CURRENT LIABILITIES | $95.3B |
| Long-Term Debt | $94.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47.6B |
| TOTAL NON-CURRENT LIABILITIES | $149.7B |
| TOTAL LIABILITIES | $245.1B |
| Common Stock | $48.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $24.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$550M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $72.3B |
| TOTAL LIABILITIES & EQUITY | $317.3B |
| Total Debt | $122.2B |
| Net Debt | $88.8B |
