| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $1.3B | $585M | 90.4% | 327.0% |
| Op. Income | $922M | $292M | $227M | 216.1% | 307.1% |
| Gross Margin | 79.9% | 85.0% | 91.5% | -5.0pp | -11.5pp |
| Net Margin | 33.6% | 31.0% | 30.2% | 2.7pp | 3.4pp |
| EPS (Diluted) | $3.62 | $1.62 | $1.42 | 123.5% | 154.9% |
| Free Cash Flow | $2.9B | $335M | $2.2B | 780.4% | 36.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $501M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $460M |
| Selling & Marketing | $245M |
| General & Administrative | $297M |
| SG&A Expenses | $542M |
| Other Expenses | $73M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $922M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $891M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $840M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $840M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $852M |
| D&A | $23M |
| EBIT | $922M |
| EBITDA | $945M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $501M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $460M |
| Selling & Marketing | $245M |
| General & Administrative | $297M |
| SG&A Expenses | $542M |
| Other Expenses | $73M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $922M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $891M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $840M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $840M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $852M |
| D&A | $23M |
| EBIT | $922M |
| EBITDA | $945M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $840M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $263M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $1.8B |
| OPERATING CASH FLOW | $3.0B |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$32M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$153M |
| NET CASH FROM INVESTING | -$480M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$109M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | $2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.1B |
| Short-Term Investments | $100M |
| Net Receivables | $366M |
| Inventory | $0 |
| Other Current Assets | $10.7B |
| TOTAL CURRENT ASSETS | $18.4B |
| PP&E (Net) | $158M |
| Goodwill | $626M |
| Intangible Assets | $177M |
| Long-Term Investments | $1.4B |
| Tax Assets | $574M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $21.3B |
| Account Payables | $40M |
| Short-Term Debt | $20M |
| Deferred Revenue | $10.5B |
| Other Current Liabilities | $427M |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $14.9B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $4.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $21.3B |
| Total Debt | $3.5B |
| Net Debt | -$3.6B |
