| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.1B | $23.2B | $26.1B | -13.4% | -22.9% |
| Op. Income | $4.0B | $1.1B | $6.0B | 256.5% | -34.3% |
| Gross Margin | 74.4% | 49.8% | 63.2% | 24.5pp | 11.2pp |
| Net Margin | 15.6% | 4.5% | 18.8% | 11.1pp | -3.2pp |
| EPS (Diluted) | $1.36 | $0.38 | $2.08 | 257.9% | -34.6% |
| Free Cash Flow | -$4.0B | $5.5B | $1.4B | -173.7% | -390.4% |
| Item | Amount |
|---|---|
| REVENUE | $20.1B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $15.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $238M |
| General & Administrative | $5.7B |
| SG&A Expenses | $5.9B |
| Other Expenses | $5.1B |
| Operating Expenses | $11.0B |
| Cost & Expenses | $16.2B |
| OPERATING INCOME | $4.0B |
| Interest Income | $13.3B |
| Interest Expense | $2.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $777M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | -$7M |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $1.0B |
| EBIT | $4.0B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20.1B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $15.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $238M |
| General & Administrative | $5.7B |
| SG&A Expenses | $5.9B |
| Other Expenses | $5.1B |
| Operating Expenses | $11.0B |
| Cost & Expenses | $16.2B |
| OPERATING INCOME | $4.0B |
| Interest Income | $13.3B |
| Interest Expense | $2.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $777M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | -$7M |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $1.0B |
| EBIT | $4.0B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.2B |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10.1B |
| Change in Working Capital | $2.9B |
| OPERATING CASH FLOW | -$3.0B |
| Capital Expenditure | -$982M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$68.4B |
| Sales/Maturities of Investments | $68.6B |
| Other Investing Activities | $9.2B |
| NET CASH FROM INVESTING | $8.5B |
| Net Debt Issuance | -$10.8B |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $20.5B |
| NET CASH FROM FINANCING | $8.3B |
| FREE CASH FLOW | -$4.0B |
| Net Change in Cash | $13.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $323.7B |
| Short-Term Investments | $337.7B |
| Net Receivables | $52.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $713.8B |
| PP&E (Net) | $0 |
| Goodwill | $21.6B |
| Intangible Assets | $4.8B |
| Long-Term Investments | $743.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $751.1B |
| TOTAL NON-CURRENT ASSETS | $1.5T |
| TOTAL ASSETS | $2.2T |
| Account Payables | $54.3B |
| Short-Term Debt | $244.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4T |
| TOTAL CURRENT LIABILITIES | $1.7T |
| Long-Term Debt | $273.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58.0B |
| TOTAL NON-CURRENT LIABILITIES | $331.3B |
| TOTAL LIABILITIES | $2.0T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.8B |
| Retained Earnings | $165.3B |
| Treasury Stock | -$64.1B |
| Accum. Other Comp. Income | -$33.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $193.9B |
| Minority Interest | $719M |
| TOTAL EQUITY | $194.6B |
| TOTAL LIABILITIES & EQUITY | $2.2T |
| Total Debt | $517.9B |
| Net Debt | $194.2B |
