| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $661M | $618M | $571M | 7.0% | 15.7% |
| Op. Income | $255M | $230M | $134M | 10.6% | 90.2% |
| Gross Margin | 75.1% | 76.1% | 63.7% | -1.0pp | 11.4pp |
| Net Margin | 30.5% | 29.8% | 17.4% | 0.7pp | 13.2pp |
| EPS (Diluted) | $0.40 | $0.36 | $0.20 | 9.9% | 104.6% |
| Free Cash Flow | $1.2B | $1.8B | $287M | -31.4% | 326.1% |
| Item | Amount |
|---|---|
| REVENUE | $661M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $497M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $206M |
| SG&A Expenses | $213M |
| Other Expenses | $29M |
| Operating Expenses | $242M |
| Cost & Expenses | $407M |
| OPERATING INCOME | $255M |
| Interest Income | $383M |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $255M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $22M |
| EBIT | $255M |
| EBITDA | $276M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $661M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $497M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $206M |
| SG&A Expenses | $213M |
| Other Expenses | $29M |
| Operating Expenses | $242M |
| Cost & Expenses | $407M |
| OPERATING INCOME | $255M |
| Interest Income | $383M |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $255M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $22M |
| EBIT | $255M |
| EBITDA | $276M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $202M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1.0B |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$913M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $527M |
| NET CASH FROM FINANCING | -$387M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $3.9B |
| Net Receivables | $122M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.2B |
| PP&E (Net) | $476M |
| Goodwill | $0 |
| Intangible Assets | $77M |
| Long-Term Investments | $42.3B |
| Tax Assets | $436M |
| Other Non-Current Assets | $3.8B |
| TOTAL NON-CURRENT ASSETS | $47.2B |
| TOTAL ASSETS | $55.4B |
| Account Payables | $264M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.9B |
| TOTAL CURRENT LIABILITIES | $30.3B |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $70M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.0B |
| TOTAL NON-CURRENT LIABILITIES | $20.5B |
| TOTAL LIABILITIES | $50.8B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $516M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $2.3K |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $55.4B |
| Total Debt | $10.6B |
| Net Debt | $6.5B |
