| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.7B | $2.6B | -4.2% | -0.8% |
| Op. Income | $907M | $1.0B | $632M | -13.0% | 43.5% |
| Gross Margin | 80.0% | 82.8% | 64.9% | -2.8pp | 15.0pp |
| Net Margin | 27.4% | 33.2% | 18.2% | -5.8pp | 9.2pp |
| EPS (Diluted) | $1.89 | $2.41 | $1.26 | -21.6% | 50.0% |
| Free Cash Flow | $256M | -$1.3B | $165M | 119.6% | 55.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $520M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $57M |
| General & Administrative | $600M |
| SG&A Expenses | $657M |
| Other Expenses | $510M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $907M |
| Interest Income | $2.2B |
| Interest Expense | $444M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $907M |
| Income Tax Expense | $195M |
| Net Income from Continuing Ops | $712M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $712M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $683M |
| D&A | $291M |
| EBIT | $907M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $520M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $57M |
| General & Administrative | $600M |
| SG&A Expenses | $657M |
| Other Expenses | $510M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $907M |
| Interest Income | $2.2B |
| Interest Expense | $444M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $907M |
| Income Tax Expense | $195M |
| Net Income from Continuing Ops | $712M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $712M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $683M |
| D&A | $291M |
| EBIT | $907M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $712M |
| Depreciation & Amortization | $291M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60M |
| Change in Working Capital | $398M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.3B |
| Sales/Maturities of Investments | $4.7B |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | -$93M |
| Other Financing Activities | $338M |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $256M |
| Net Change in Cash | -$2.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.9B |
| Short-Term Investments | $33.1B |
| Net Receivables | $738M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44.8B |
| PP&E (Net) | $12.3B |
| Goodwill | $343M |
| Intangible Assets | $37M |
| Long-Term Investments | $119.8B |
| Tax Assets | $852M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $134.4B |
| TOTAL ASSETS | $179.2B |
| Account Payables | $1.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $139.4B |
| TOTAL CURRENT LIABILITIES | $141.2B |
| Long-Term Debt | $14.9B |
| Deferred Revenue NC | $169M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $20.7B |
| TOTAL LIABILITIES | $161.9B |
| Common Stock | $21.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.1B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | $51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.3B |
| TOTAL LIABILITIES & EQUITY | $179.2B |
| Total Debt | $15.1B |
| Net Debt | $4.2B |