| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $1.6B | $2.1B | 62.3% | 18.5% |
| Op. Income | $884M | $40M | $259M | 2110.0% | 241.3% |
| Gross Margin | 36.8% | -1.2% | 18.0% | 38.1pp | 18.9pp |
| Net Margin | 27.4% | 10.5% | 9.9% | 16.9pp | 17.5pp |
| EPS (Diluted) | $7.93 | $1.86 | $2.31 | 326.3% | 243.3% |
| Free Cash Flow | $487M | $609M | $765M | -20.0% | -36.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $930M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $46M |
| Operating Expenses | $46M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $884M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $884M |
| Income Tax Expense | $190M |
| Net Income from Continuing Ops | $694M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $692M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $692M |
| D&A | $51M |
| EBIT | $908M |
| EBITDA | $959M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $930M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $46M |
| Operating Expenses | $46M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $884M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $884M |
| Income Tax Expense | $190M |
| Net Income from Continuing Ops | $694M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $692M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $692M |
| D&A | $51M |
| EBIT | $908M |
| EBITDA | $959M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $694M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$375M |
| Change in Working Capital | $117M |
| OPERATING CASH FLOW | $487M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$428M |
| Purchases of Investments | -$3.6B |
| Sales/Maturities of Investments | $3.2B |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$792M |
| Net Debt Issuance | -$151M |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | -$215M |
| Other Financing Activities | -$193M |
| NET CASH FROM FINANCING | -$632M |
| FREE CASH FLOW | $487M |
| Net Change in Cash | -$937M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $139M |
| Goodwill | $176M |
| Intangible Assets | $34M |
| Long-Term Investments | $11.8B |
| Tax Assets | $386M |
| Other Non-Current Assets | $54.4B |
| TOTAL NON-CURRENT ASSETS | $67.0B |
| TOTAL ASSETS | $69.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.0B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $238M |
| Other Non-Current Liabilities | $58.5B |
| TOTAL NON-CURRENT LIABILITIES | $61.1B |
| TOTAL LIABILITIES | $63.1B |
| Common Stock | $86M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $4.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $69.9B |
| Total Debt | $2.3B |
| Net Debt | $616M |
