| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.5B | $3.6B | 7.5% | 34.6% |
| Op. Income | -$36M | $65M | $137M | -155.4% | -126.3% |
| Gross Margin | 74.9% | 74.9% | 73.7% | -0.0pp | 1.1pp |
| Net Margin | -5.1% | -2.4% | 10.0% | -2.7pp | -15.2pp |
| EPS (Diluted) | $-0.28 | $-0.12 | $0.46 | -133.3% | -160.9% |
| Free Cash Flow | $1.5B | $128M | $1.2B | 1068.8% | 28.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $831M |
| Selling & Marketing | $2.3B |
| General & Administrative | $490M |
| SG&A Expenses | $2.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.7B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | -$36M |
| Interest Income | $28M |
| Interest Expense | $30M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $244M |
| Net Income from Continuing Ops | -$248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$248M |
| D&A | $633M |
| EBIT | -$36M |
| EBITDA | $597M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$248M |
| Depreciation & Amortization | $633M |
| Stock-Based Compensation | $511M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $229M |
| Change in Working Capital | $538M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$136M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $815M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$165M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $290M |
| NET CASH FROM FINANCING | $125M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $277M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $3.8B |
| Net Receivables | $6.2B |
| Inventory | $0 |
| Other Current Assets | $926M |
| TOTAL CURRENT ASSETS | $16.0B |
| PP&E (Net) | $5.4B |
| Goodwill | $25.1B |
| Intangible Assets | $4.7B |
| Long-Term Investments | $2.0B |
| Tax Assets | $579M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $39.2B |
| TOTAL ASSETS | $55.1B |
| Account Payables | $3.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $10.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14.8B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $21.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $32.1B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $33.9B |
| TOTAL LIABILITIES & EQUITY | $55.1B |
| Total Debt | $5.9B |
| Net Debt | $1.7B |
