| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $2.2B | $2.6B | 116.5% | 77.1% |
| Op. Income | $2.0B | -$56M | $315M | 3698.2% | 539.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 16.4% | -7.7% | 30.3% | 24.2pp | -13.9pp |
| EPS (Diluted) | $0.74 | $-0.16 | $0.78 | 555.9% | -4.6% |
| Free Cash Flow | $1.5B | $1.1B | $848M | 38.8% | 78.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.7B |
| General & Administrative | $770M |
| SG&A Expenses | $2.5B |
| Other Expenses | $211M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $2.0B |
| Interest Income | $4M |
| Interest Expense | $80M |
| Other Income/Expenses | -$1.0B |
| INCOME BEFORE TAX | $968M |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $769M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $769M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $769M |
| D&A | $146M |
| EBIT | $1.0B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.7B |
| General & Administrative | $770M |
| SG&A Expenses | $2.5B |
| Other Expenses | $211M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $2.0B |
| Interest Income | $4M |
| Interest Expense | $80M |
| Other Income/Expenses | -$1.0B |
| INCOME BEFORE TAX | $968M |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $769M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $769M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $769M |
| D&A | $146M |
| EBIT | $1.0B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $769M |
| Depreciation & Amortization | $146M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | -$223M |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | -$209M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $411M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.6B |
| Short-Term Investments | $522M |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $238M |
| TOTAL CURRENT ASSETS | $14.4B |
| PP&E (Net) | $1.2B |
| Goodwill | $1.9B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $3.3B |
| Tax Assets | $906M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $23.3B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $906M |
| Other Non-Current Liabilities | $940M |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $17.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $23.8B |
| Treasury Stock | -$24.3B |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $23.3B |
| Total Debt | $11.3B |
| Net Debt | -$314M |
