| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.6B | $5.8B | 2.5% | 16.4% |
| Op. Income | $2.1B | $2.0B | $1.0B | 7.6% | 110.9% |
| Gross Margin | 61.9% | 61.4% | 57.0% | 0.5pp | 5.0pp |
| Net Margin | 27.7% | 22.6% | 11.8% | 5.1pp | 15.9pp |
| EPS (Diluted) | $0.42 | $0.33 | $0.15 | 27.3% | 180.0% |
| Free Cash Flow | $3.4B | $3.4B | $3.1B | -0.5% | 11.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $346M |
| SG&A Expenses | $346M |
| Other Expenses | $520M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $415M |
| Other Income/Expenses | -$400M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | -$150M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $1.5B |
| EBIT | $2.1B |
| EBITDA | $3.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $346M |
| SG&A Expenses | $346M |
| Other Expenses | $520M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $415M |
| Other Income/Expenses | -$400M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | -$150M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $1.5B |
| EBIT | $2.1B |
| EBITDA | $3.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $421M |
| Deferred Income Tax | -$436M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | $141M |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$115M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $8M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$347M |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $1.2B |
| Other Current Assets | $628M |
| TOTAL CURRENT ASSETS | $15.6B |
| PP&E (Net) | $2.4B |
| Goodwill | $43.5B |
| Intangible Assets | $12.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $60.2B |
| TOTAL ASSETS | $75.9B |
| Account Payables | $968M |
| Short-Term Debt | $279M |
| Deferred Revenue | $3.0B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $40.2B |
| Deferred Revenue NC | $620M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.2B |
| TOTAL NON-CURRENT LIABILITIES | $45.0B |
| TOTAL LIABILITIES | $51.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $24.1B |
| Retained Earnings | $320M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $24.4B |
| TOTAL LIABILITIES & EQUITY | $75.9B |
| Total Debt | $40.5B |
| Net Debt | $29.4B |
