| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.3B | $21.7B | $27.1B | -1.8% | -21.5% |
| Op. Income | $6.1B | $4.5B | $8.2B | 34.6% | -25.1% |
| Gross Margin | 94.1% | 87.3% | 78.9% | 6.7pp | 15.2pp |
| Net Margin | 25.7% | 22.5% | 25.8% | 3.2pp | -0.1pp |
| EPS (Diluted) | $0.59 | $0.51 | $0.74 | 15.7% | -20.3% |
| Free Cash Flow | $54.6B | -$32.6B | $59.1B | 267.3% | -7.6% |
| Item | Amount |
|---|---|
| REVENUE | $21.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $20.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $8.8B |
| SG&A Expenses | $10.2B |
| Other Expenses | $3.7B |
| Operating Expenses | $13.9B |
| Cost & Expenses | $15.2B |
| OPERATING INCOME | $6.1B |
| Interest Income | $11.5B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $649M |
| Net Income from Continuing Ops | $5.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.2B |
| D&A | $487M |
| EBIT | $6.1B |
| EBITDA | $6.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $20.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $8.8B |
| SG&A Expenses | $10.2B |
| Other Expenses | $3.7B |
| Operating Expenses | $13.9B |
| Cost & Expenses | $15.2B |
| OPERATING INCOME | $6.1B |
| Interest Income | $11.5B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $649M |
| Net Income from Continuing Ops | $5.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.2B |
| D&A | $487M |
| EBIT | $6.1B |
| EBITDA | $6.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5.5B |
| Depreciation & Amortization | $487M |
| Stock-Based Compensation | $434M |
| Deferred Income Tax | $257M |
| Other Non-Cash Items | -$1.8B |
| Change in Working Capital | $49.8B |
| OPERATING CASH FLOW | $54.6B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$176.8B |
| Sales/Maturities of Investments | $75.9B |
| Other Investing Activities | $47.0B |
| NET CASH FROM INVESTING | -$53.9B |
| Net Debt Issuance | $6.8B |
| Common Stock Repurchased | -$263M |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | $72.2B |
| NET CASH FROM FINANCING | $77.9B |
| FREE CASH FLOW | $54.6B |
| Net Change in Cash | $79.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $387.0B |
| Short-Term Investments | $234.5B |
| Net Receivables | $81.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $702.7B |
| PP&E (Net) | $11.0B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.4T |
| Tax Assets | $0 |
| Other Non-Current Assets | $638.1B |
| TOTAL NON-CURRENT ASSETS | $2.1T |
| TOTAL ASSETS | $2.8T |
| Account Payables | $0 |
| Short-Term Debt | $189.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9T |
| TOTAL CURRENT LIABILITIES | $2.2T |
| Long-Term Debt | $262.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47.4B |
| TOTAL NON-CURRENT LIABILITIES | $310.3B |
| TOTAL LIABILITIES | $2.5T |
| Common Stock | $86.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $164.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $272.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $272.9B |
| TOTAL LIABILITIES & EQUITY | $2.8T |
| Total Debt | $452.6B |
| Net Debt | $65.6B |
