| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $851M | $764M | $1.1B | 11.4% | -19.0% |
| Op. Income | $383M | $473M | $291M | -19.1% | 31.5% |
| Gross Margin | 60.9% | 54.5% | 43.1% | 6.4pp | 17.8pp |
| Net Margin | 26.3% | 35.9% | 12.7% | -9.5pp | 13.6pp |
| EPS (Diluted) | $4.47 | $5.47 | $2.79 | -18.3% | 60.2% |
| Free Cash Flow | $451M | $193M | $409M | 133.3% | 10.2% |
| Item | Amount |
|---|---|
| REVENUE | $851M |
| Cost of Revenue | $581M |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $168M |
| SG&A Expenses | $203M |
| Other Expenses | -$316M |
| Operating Expenses | -$113M |
| Cost & Expenses | $468M |
| OPERATING INCOME | $383M |
| Interest Income | $994M |
| Interest Expense | $91M |
| Other Income/Expenses | -$124M |
| INCOME BEFORE TAX | $259M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $206M |
| Net Income from Discontinued Ops | $18M |
| Other Adjustments | $0 |
| NET INCOME | $224M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $32M |
| EBIT | $291M |
| EBITDA | $322M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $851M |
| Cost of Revenue | $581M |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $168M |
| SG&A Expenses | $203M |
| Other Expenses | -$316M |
| Operating Expenses | -$113M |
| Cost & Expenses | $468M |
| OPERATING INCOME | $383M |
| Interest Income | $994M |
| Interest Expense | $91M |
| Other Income/Expenses | -$124M |
| INCOME BEFORE TAX | $259M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $206M |
| Net Income from Discontinued Ops | $18M |
| Other Adjustments | $0 |
| NET INCOME | $224M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $32M |
| EBIT | $291M |
| EBITDA | $322M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $223M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $183M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $475M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$139M |
| NET CASH FROM INVESTING | -$154M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $258M |
| NET CASH FROM FINANCING | $208M |
| FREE CASH FLOW | $451M |
| Net Change in Cash | $524M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $0 |
| Net Receivables | $14.4B |
| Inventory | $192M |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $19.4B |
| PP&E (Net) | $500M |
| Goodwill | $1.3B |
| Intangible Assets | $64M |
| Long-Term Investments | $0 |
| Tax Assets | $338M |
| Other Non-Current Assets | $625M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $22.3B |
| Account Payables | $366M |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $924M |
| Other Current Liabilities | $8.0B |
| TOTAL CURRENT LIABILITIES | $12.9B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $97M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $7.1B |
| TOTAL LIABILITIES | $20.0B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $131M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $22.3B |
| Total Debt | $7.6B |
| Net Debt | $4.4B |
