| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.4B | $19.7B | $20.1B | -1.6% | -3.6% |
| Op. Income | $5.9B | $7.3B | $4.0B | -20.2% | 48.3% |
| Gross Margin | 91.0% | 95.4% | 74.4% | -4.5pp | 16.6pp |
| Net Margin | 23.9% | 31.4% | 15.6% | -7.5pp | 8.3pp |
| EPS (Diluted) | $2.15 | $2.84 | $1.36 | -24.3% | 58.1% |
| Free Cash Flow | $34.6B | -$576M | -$4.0B | 6103.8% | 958.5% |
| Item | Amount |
|---|---|
| REVENUE | $19.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $17.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $402M |
| General & Administrative | $6.1B |
| SG&A Expenses | $6.5B |
| Other Expenses | $5.3B |
| Operating Expenses | $11.8B |
| Cost & Expenses | $13.6B |
| OPERATING INCOME | $5.9B |
| Interest Income | $12.7B |
| Interest Expense | $2.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $1.0B |
| EBIT | $5.9B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $19.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $17.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $402M |
| General & Administrative | $6.1B |
| SG&A Expenses | $6.5B |
| Other Expenses | $5.3B |
| Operating Expenses | $11.8B |
| Cost & Expenses | $13.6B |
| OPERATING INCOME | $5.9B |
| Interest Income | $12.7B |
| Interest Expense | $2.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $1.0B |
| EBIT | $5.9B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.6B |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10.3B |
| Change in Working Capital | $40.3B |
| OPERATING CASH FLOW | $35.6B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76.2B |
| Sales/Maturities of Investments | $61.9B |
| Other Investing Activities | -$18.6B |
| NET CASH FROM INVESTING | -$34.0B |
| Net Debt Issuance | -$3.9B |
| Common Stock Repurchased | -$3.1B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $31.5B |
| NET CASH FROM FINANCING | $23.3B |
| FREE CASH FLOW | $34.6B |
| Net Change in Cash | $24.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $323.8B |
| Short-Term Investments | $286.9B |
| Net Receivables | $60.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $670.7B |
| PP&E (Net) | $0 |
| Goodwill | $21.6B |
| Intangible Assets | $4.6B |
| Long-Term Investments | $850.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $814.5B |
| TOTAL NON-CURRENT ASSETS | $1.7T |
| TOTAL ASSETS | $2.4T |
| Account Payables | $60.5B |
| Short-Term Debt | $238.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $258.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75.8B |
| TOTAL NON-CURRENT LIABILITIES | $334.1B |
| TOTAL LIABILITIES | $2.2T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.9B |
| Retained Earnings | $183.0B |
| Treasury Stock | -$71.2B |
| Accum. Other Comp. Income | -$36.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $200.9B |
| Minority Interest | $735M |
| TOTAL EQUITY | $201.6B |
| TOTAL LIABILITIES & EQUITY | $2.4T |
| Total Debt | $497.1B |
| Net Debt | $173.3B |
