| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.9B | 2.4% | -10.2% |
| Op. Income | $681M | $831M | $375M | -18.1% | 81.6% |
| Gross Margin | 97.5% | 107.4% | 70.5% | -10.0pp | 27.0pp |
| Net Margin | 30.5% | 38.2% | 16.2% | -7.7pp | 14.3pp |
| EPS (Diluted) | $1.18 | $1.44 | $0.68 | -18.1% | 73.5% |
| Free Cash Flow | $1.3B | $558M | $711M | 124.6% | 76.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $44M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $526M |
| SG&A Expenses | $558M |
| Other Expenses | $453M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $681M |
| Interest Income | $1.2B |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $681M |
| Income Tax Expense | $151M |
| Net Income from Continuing Ops | $530M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $530M |
| Net Income Deductions | -$26M |
| BOTTOM LINE NET INCOME | $504M |
| D&A | $136M |
| EBIT | $681M |
| EBITDA | $817M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $44M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $526M |
| SG&A Expenses | $558M |
| Other Expenses | $453M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $681M |
| Interest Income | $1.2B |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $681M |
| Income Tax Expense | $151M |
| Net Income from Continuing Ops | $530M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $530M |
| Net Income Deductions | -$26M |
| BOTTOM LINE NET INCOME | $504M |
| D&A | $136M |
| EBIT | $681M |
| EBITDA | $817M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $530M |
| Depreciation & Amortization | $136M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $265M |
| Change in Working Capital | $322M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$2.3B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | -$1.0B |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | -$167M |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.0B |
| Short-Term Investments | $24.3B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $39.8B |
| PP&E (Net) | $732M |
| Goodwill | $7.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $127.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.0B |
| TOTAL NON-CURRENT ASSETS | $147.2B |
| TOTAL ASSETS | $187.0B |
| Account Payables | $0 |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $152.2B |
| TOTAL CURRENT LIABILITIES | $152.2B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $689M |
| Other Non-Current Liabilities | $3.7B |
| TOTAL NON-CURRENT LIABILITIES | $11.4B |
| TOTAL LIABILITIES | $163.6B |
| Common Stock | $6M |
| Additional Paid-In Capital | $19.0B |
| Retained Earnings | $7.6B |
| Treasury Stock | -$4.7B |
| Accum. Other Comp. Income | -$508M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.4B |
| TOTAL LIABILITIES & EQUITY | $187.0B |
| Total Debt | $7.0B |
| Net Debt | -$7.0B |
