| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.2B | $5.6B | $4.4B | 11.0% | 41.0% |
| Op. Income | $2.0B | $1.6B | $1.1B | 27.5% | 81.7% |
| Gross Margin | 47.9% | 47.5% | 44.5% | 0.4pp | 3.4pp |
| Net Margin | 27.7% | 23.8% | 19.1% | 3.9pp | 8.6pp |
| EPS (Diluted) | $1.87 | $1.43 | $0.91 | 30.8% | 105.5% |
| Free Cash Flow | $1.5B | $983M | $780M | 57.6% | 98.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $640M |
| Selling & Marketing | $159M |
| General & Administrative | $155M |
| SG&A Expenses | $314M |
| Other Expenses | $0 |
| Operating Expenses | $954M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $2.0B |
| Interest Income | $24M |
| Interest Expense | $57M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $264M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $98M |
| EBIT | $2.0B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $640M |
| Selling & Marketing | $159M |
| General & Administrative | $155M |
| SG&A Expenses | $314M |
| Other Expenses | $0 |
| Operating Expenses | $954M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $2.0B |
| Interest Income | $24M |
| Interest Expense | $57M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $264M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $98M |
| EBIT | $2.0B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $81M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$214M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$137M |
| Acquisitions (Net) | -$80M |
| Purchases of Investments | -$457M |
| Sales/Maturities of Investments | $400M |
| Other Investing Activities | $80M |
| NET CASH FROM INVESTING | -$194M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$219M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | -$239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $444M |
| Net Receivables | $4.0B |
| Inventory | $4.1B |
| Other Current Assets | $629M |
| TOTAL CURRENT ASSETS | $15.2B |
| PP&E (Net) | $2.1B |
| Goodwill | $3.5B |
| Intangible Assets | $116M |
| Long-Term Investments | $1.7B |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $248M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $24.5B |
| Account Payables | $1.4B |
| Short-Term Debt | $69M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $9M |
| Additional Paid-In Capital | $8.1B |
| Retained Earnings | $30.7B |
| Treasury Stock | -$26.5B |
| Accum. Other Comp. Income | -$292M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.1B |
| TOTAL LIABILITIES & EQUITY | $24.5B |
| Total Debt | $5.7B |
| Net Debt | -$347M |
