| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.5B | $5.4B | $6.7B | 19.3% | -2.6% |
| Op. Income | $2.2B | $1.4B | $1.1B | 56.8% | 97.3% |
| Gross Margin | 85.3% | 79.7% | 66.8% | 5.6pp | 18.5pp |
| Net Margin | 25.7% | 17.5% | 13.5% | 8.1pp | 12.1pp |
| EPS (Diluted) | $2.49 | $1.40 | $1.32 | 78.5% | 88.4% |
| Free Cash Flow | -$7.9B | $17.6B | $17.2B | -144.7% | -145.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $953M |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $74M |
| General & Administrative | $2.3B |
| SG&A Expenses | $2.3B |
| Other Expenses | $1.0B |
| Operating Expenses | $3.4B |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $2.2B |
| Interest Income | $3.6B |
| Interest Expense | $1.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $504M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $281M |
| EBIT | $2.2B |
| EBITDA | $2.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $953M |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $74M |
| General & Administrative | $2.3B |
| SG&A Expenses | $2.3B |
| Other Expenses | $1.0B |
| Operating Expenses | $3.4B |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $2.2B |
| Interest Income | $3.6B |
| Interest Expense | $1.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $504M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $281M |
| EBIT | $2.2B |
| EBITDA | $2.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $281M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $67M |
| Other Non-Cash Items | -$190M |
| Change in Working Capital | -$9.5B |
| OPERATING CASH FLOW | -$7.7B |
| Capital Expenditure | -$177M |
| Acquisitions (Net) | $46M |
| Purchases of Investments | -$10.5B |
| Sales/Maturities of Investments | $7.5B |
| Other Investing Activities | $133M |
| NET CASH FROM INVESTING | -$2.9B |
| Net Debt Issuance | -$259M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$552M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$759M |
| FREE CASH FLOW | -$7.9B |
| Net Change in Cash | -$10.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67.7B |
| Short-Term Investments | $47.2B |
| Net Receivables | $837M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $115.7B |
| PP&E (Net) | $3.1B |
| Goodwill | $4.0B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $406.5B |
| Tax Assets | $884M |
| Other Non-Current Assets | $178.0B |
| TOTAL NON-CURRENT ASSETS | $594.2B |
| TOTAL ASSETS | $709.8B |
| Account Payables | $0 |
| Short-Term Debt | $134.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $405.5B |
| TOTAL CURRENT LIABILITIES | $539.8B |
| Long-Term Debt | $68.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $137M |
| Other Non-Current Liabilities | $58.9B |
| TOTAL NON-CURRENT LIABILITIES | $127.9B |
| TOTAL LIABILITIES | $667.7B |
| Common Stock | $9.9B |
| Additional Paid-In Capital | $227M |
| Retained Earnings | $24.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.8B |
| Other Equity | $1.4B |
| TOTAL STOCKHOLDERS' EQUITY | $42.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $42.2B |
| TOTAL LIABILITIES & EQUITY | $709.8B |
| Total Debt | $203.2B |
| Net Debt | $135.5B |
