| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $3.2B | $3.9B | 37.2% | 12.3% |
| Op. Income | $1.2B | $314M | $1.1B | 278.9% | 12.8% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 19.5% | 22.3% | 30.4% | -2.9pp | -10.9pp |
| EPS (Diluted) | $0.08 | $0.07 | $0.11 | 18.2% | -29.1% |
| Free Cash Flow | -$5.0B | -$1.5B | -$5.6B | -229.1% | 10.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $775M |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $193M |
| Net Income from Continuing Ops | $853M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $845M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $845M |
| D&A | -$1.2B |
| EBIT | $3.7B |
| EBITDA | -$151M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $775M |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $193M |
| Net Income from Continuing Ops | $853M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $845M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $845M |
| D&A | -$1.2B |
| EBIT | $3.7B |
| EBITDA | -$151M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $845M |
| Depreciation & Amortization | $223M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.7B |
| Change in Working Capital | -$3.2B |
| OPERATING CASH FLOW | -$4.9B |
| Capital Expenditure | -$117M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.7B |
| NET CASH FROM INVESTING | $3.6B |
| Net Debt Issuance | -$1.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$72M |
| Other Financing Activities | $15.4B |
| NET CASH FROM FINANCING | $13.4B |
| FREE CASH FLOW | -$5.0B |
| Net Change in Cash | $12.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44.9B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44.9B |
| PP&E (Net) | $1.9B |
| Goodwill | $538M |
| Intangible Assets | $1.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $272.5B |
| TOTAL NON-CURRENT ASSETS | $276.6B |
| TOTAL ASSETS | $321.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $561M |
| Long-Term Debt | $27.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $266.1B |
| TOTAL NON-CURRENT LIABILITIES | $293.1B |
| TOTAL LIABILITIES | $293.7B |
| Common Stock | $15.9B |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $11.2B |
| Treasury Stock | -$89M |
| Accum. Other Comp. Income | $608M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.7B |
| Minority Interest | $151M |
| TOTAL EQUITY | $27.8B |
| TOTAL LIABILITIES & EQUITY | $321.5B |
| Total Debt | $27.6B |
| Net Debt | -$17.3B |
