| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.5B | $701M | 27.9% | 178.6% |
| Op. Income | $258M | $549M | -$571M | -53.0% | 145.2% |
| Gross Margin | 28.8% | 17.2% | -40.5% | 11.6pp | 69.3pp |
| Net Margin | 9.9% | 26.0% | -61.5% | -16.1pp | 71.4pp |
| EPS (Diluted) | $1.53 | $3.13 | $-3.49 | -51.1% | 143.8% |
| Free Cash Flow | -$194M | $765M | -$241M | -125.4% | 19.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $562M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $255M |
| Operating Expenses | $304M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $258M |
| Interest Income | $6M |
| Interest Expense | $27M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $99M |
| EBIT | $257M |
| EBITDA | $356M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $562M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $255M |
| Operating Expenses | $304M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $258M |
| Interest Income | $6M |
| Interest Expense | $27M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $99M |
| EBIT | $257M |
| EBITDA | $356M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $194M |
| Depreciation & Amortization | $99M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $62M |
| Other Non-Cash Items | -$302M |
| Change in Working Capital | -$159M |
| OPERATING CASH FLOW | -$106M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | -$219M |
| Purchases of Investments | -$889M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $215M |
| NET CASH FROM INVESTING | $127M |
| Net Debt Issuance | -$541M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$544M |
| FREE CASH FLOW | -$194M |
| Net Change in Cash | -$523M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $495M |
| Short-Term Investments | $2.7B |
| Net Receivables | $536M |
| Inventory | $62M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $7.5B |
| Goodwill | $1.9B |
| Intangible Assets | $102M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $346M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $181M |
| Short-Term Debt | $425M |
| Deferred Revenue | $2.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $501M |
| Other Non-Current Liabilities | $949M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $462M |
| Retained Earnings | $4.2B |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$482M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $4.1B |
| Net Debt | $3.6B |
