| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $1.9B | — | 46.5% | — |
| Op. Income | $958M | $36M | — | 2564.8% | — |
| Gross Margin | 70.8% | 54.0% | — | 16.8pp | — |
| Net Margin | 27.7% | 21.9% | — | 5.8pp | — |
| EPS (Diluted) | $0.10 | $0.05 | — | 88.9% | — |
| Free Cash Flow | $78M | $3.7B | — | -97.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $807M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $810M |
| SG&A Expenses | $838M |
| Other Expenses | $160M |
| Operating Expenses | $998M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $958M |
| Interest Income | $3.0B |
| Interest Expense | $728M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $958M |
| Income Tax Expense | $192M |
| Net Income from Continuing Ops | $766M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $765M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $134M |
| EBIT | $958M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $807M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $810M |
| SG&A Expenses | $838M |
| Other Expenses | $160M |
| Operating Expenses | $998M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $958M |
| Interest Income | $3.0B |
| Interest Expense | $728M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $958M |
| Income Tax Expense | $192M |
| Net Income from Continuing Ops | $766M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $765M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $134M |
| EBIT | $958M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $766M |
| Depreciation & Amortization | $134M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$187M |
| Other Non-Cash Items | -$1.7B |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$1.9B |
| Common Stock Repurchased | $182.1K |
| Common Dividends Paid | -$803.7K |
| Other Financing Activities | -$92M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $21.6B |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26.5B |
| PP&E (Net) | $1.9B |
| Goodwill | $5.7B |
| Intangible Assets | $467M |
| Long-Term Investments | $56.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$65.0B |
| TOTAL NON-CURRENT ASSETS | $65.0B |
| TOTAL ASSETS | $179.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.0B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $15.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $901M |
| Other Non-Current Liabilities | -$16.0B |
| TOTAL NON-CURRENT LIABILITIES | $158.8B |
| TOTAL LIABILITIES | $158.8B |
| Common Stock | $11.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | -$159M |
| Accum. Other Comp. Income | $7.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.9B |
| Minority Interest | $63M |
| TOTAL EQUITY | $20.9B |
| TOTAL LIABILITIES & EQUITY | $179.7B |
| Total Debt | $15.0B |
| Net Debt | $11.4B |
