| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $4.7B | $1.2B | -36.2% | 140.8% |
| Op. Income | $848M | $2.0B | -$153M | -57.9% | 654.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 20.7% | 16.4% | -13.3% | 4.3pp | 34.1pp |
| EPS (Diluted) | $0.60 | $0.74 | $-0.16 | -19.7% | 470.7% |
| Free Cash Flow | $178M | $1.5B | -$641M | -88.3% | 127.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $673M |
| SG&A Expenses | $1.9B |
| Other Expenses | $225M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $848M |
| Interest Income | $4M |
| Interest Expense | $75M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $816M |
| Income Tax Expense | $198M |
| Net Income from Continuing Ops | $618M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $618M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $618M |
| D&A | $141M |
| EBIT | $891M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $673M |
| SG&A Expenses | $1.9B |
| Other Expenses | $225M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $848M |
| Interest Income | $4M |
| Interest Expense | $75M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $816M |
| Income Tax Expense | $198M |
| Net Income from Continuing Ops | $618M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $618M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $618M |
| D&A | $141M |
| EBIT | $891M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $618M |
| Depreciation & Amortization | $141M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | -$102M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$448M |
| OPERATING CASH FLOW | $279M |
| Capital Expenditure | -$101M |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $500M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$783M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | -$511M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $25M |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $231M |
| TOTAL CURRENT ASSETS | $13.1B |
| PP&E (Net) | $1.3B |
| Goodwill | $2.9B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $3.2B |
| Tax Assets | $554M |
| Other Non-Current Assets | $505M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $23.6B |
| Account Payables | $1.6B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $906M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $905M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $11.2B |
| TOTAL LIABILITIES | $17.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $24.5B |
| Treasury Stock | -$24.3B |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $23.6B |
| Total Debt | $11.3B |
| Net Debt | $150M |
