| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $5.4B | $4.9B | 7.3% | 19.9% |
| Op. Income | $193M | $224M | -$36M | -13.8% | 636.1% |
| Gross Margin | 74.6% | 74.3% | 74.9% | 0.3pp | -0.3pp |
| Net Margin | 4.6% | 19.9% | -5.1% | -15.4pp | 9.7pp |
| EPS (Diluted) | $0.28 | $1.15 | $-0.28 | -75.7% | 200.0% |
| Free Cash Flow | $2.0B | $215M | $1.5B | 841.9% | 35.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $939M |
| Selling & Marketing | $2.6B |
| General & Administrative | $574M |
| SG&A Expenses | $3.2B |
| Other Expenses | $0 |
| Operating Expenses | $4.1B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | $232M |
| INCOME BEFORE TAX | $425M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $869M |
| EBIT | $193M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $939M |
| Selling & Marketing | $2.6B |
| General & Administrative | $574M |
| SG&A Expenses | $3.2B |
| Other Expenses | $0 |
| Operating Expenses | $4.1B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $51M |
| Other Income/Expenses | $232M |
| INCOME BEFORE TAX | $425M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $869M |
| EBIT | $193M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $267M |
| Depreciation & Amortization | $869M |
| Stock-Based Compensation | $542M |
| Deferred Income Tax | -$260M |
| Other Non-Cash Items | $290M |
| Change in Working Capital | $466M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$149M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$992M |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $94M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $196M |
| NET CASH FROM FINANCING | $176M |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.2B |
| Short-Term Investments | $5.8B |
| Net Receivables | $7.8B |
| Inventory | $0 |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $21.9B |
| PP&E (Net) | $5.7B |
| Goodwill | $26.3B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $3.9B |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $44.4B |
| TOTAL ASSETS | $66.3B |
| Account Payables | $4.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $12.6B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17.7B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $7.1B |
| TOTAL LIABILITIES | $24.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $35.6B |
| Retained Earnings | $5.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $41.5B |
| TOTAL LIABILITIES & EQUITY | $66.3B |
| Total Debt | $6.3B |
| Net Debt | $86M |
