| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $1.8B | $2.7B | 86.2% | 23.3% |
| Op. Income | $1.8B | $184M | $1.3B | 903.3% | 40.3% |
| Gross Margin | 71.5% | 39.9% | 66.5% | 31.6pp | 5.0pp |
| Net Margin | 44.2% | 8.6% | 38.9% | 35.7pp | 5.3pp |
| EPS (Diluted) | $9.04 | $0.94 | $6.47 | 861.7% | 39.7% |
| Free Cash Flow | $460M | $598M | $368M | -23.1% | 25.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $946M |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $531M |
| Operating Expenses | $531M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $188M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $376M |
| NET INCOME | $1.5B |
| D&A | $24M |
| EBIT | $1.9B |
| EBITDA | $1.9B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $946M |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $531M |
| Operating Expenses | $531M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $188M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $376M |
| NET INCOME | $1.5B |
| D&A | $24M |
| EBIT | $1.9B |
| EBITDA | $1.9B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $295M |
| Other Non-Cash Items | -$1.4B |
| Change in Working Capital | $74M |
| OPERATING CASH FLOW | $463M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$564M |
| Sales/Maturities of Investments | $401M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$166M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$104M |
| Common Dividends Paid | -$100M |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | -$243M |
| FREE CASH FLOW | $460M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $13.0B |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | -$17.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $205M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $24.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$24.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $31.4B |
| Account Payables | $0 |
| Short-Term Debt | $54M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$54M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $789M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | -$2.6B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $18.3B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $12.6B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | $648M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.1B |
| TOTAL LIABILITIES & EQUITY | $31.4B |
| Total Debt | $897M |
| Net Debt | -$242M |
