| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.8B | $12.0B | $12.0B | 7.0% | 6.8% |
| Op. Income | $3.5B | $3.2B | $3.4B | 7.5% | 1.5% |
| Gross Margin | 63.9% | 65.1% | 64.9% | -1.2pp | -0.9pp |
| Net Margin | 22.4% | 21.3% | 23.1% | 1.1pp | -0.8pp |
| EPS (Diluted) | $0.68 | $0.60 | $0.65 | 13.3% | 4.6% |
| Free Cash Flow | $3.7B | $2.8B | $4.1B | 33.0% | -8.8% |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.3B |
| General & Administrative | $603M |
| SG&A Expenses | $2.9B |
| Other Expenses | $103M |
| Operating Expenses | $4.7B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $3.5B |
| Interest Income | $153M |
| Interest Expense | $111M |
| Other Income/Expenses | $126M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $728M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $486M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.3B |
| General & Administrative | $603M |
| SG&A Expenses | $2.9B |
| Other Expenses | $103M |
| Operating Expenses | $4.7B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $3.5B |
| Interest Income | $153M |
| Interest Expense | $111M |
| Other Income/Expenses | $126M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $728M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $486M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $486M |
| Stock-Based Compensation | $463M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$109M |
| Change in Working Capital | $175M |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$172M |
| Acquisitions (Net) | -$5.5B |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $4.5B |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | -$3.1B |
| Net Debt Issuance | -$3.0B |
| Common Stock Repurchased | -$629M |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$5.2B |
| FREE CASH FLOW | $3.7B |
| Net Change in Cash | -$4.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.3B |
| Short-Term Investments | $16.2B |
| Net Receivables | $9.1B |
| Inventory | $1.6B |
| Other Current Assets | $2.8B |
| TOTAL CURRENT ASSETS | $37.1B |
| PP&E (Net) | $2.4B |
| Goodwill | $37.7B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $0 |
| Tax Assets | $4.1B |
| Other Non-Current Assets | $9.0B |
| TOTAL NON-CURRENT ASSETS | $56.8B |
| TOTAL ASSETS | $93.9B |
| Account Payables | $2.4B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $11.5B |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $24.3B |
| Long-Term Debt | $9.5B |
| Deferred Revenue NC | $9.4B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.5B |
| TOTAL NON-CURRENT LIABILITIES | $29.4B |
| TOTAL LIABILITIES | $53.7B |
| Common Stock | $41.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$288M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $40.2B |
| TOTAL LIABILITIES & EQUITY | $93.9B |
| Total Debt | $11.5B |
| Net Debt | $4.2B |
