| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | — | $2.8B | — | 10.3% |
| Op. Income | $500M | — | $119M | — | 318.8% |
| Gross Margin | 20.6% | — | 9.8% | — | 10.8pp |
| Net Margin | 14.1% | — | 2.3% | — | 11.8pp |
| EPS (Diluted) | $10.99 | — | $1.61 | — | 582.6% |
| Free Cash Flow | $1.0B | — | $683M | — | 52.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $629M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $107M |
| Operating Expenses | $129M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $500M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $500M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $431M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $431M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $425M |
| D&A | $0 |
| EBIT | $523M |
| EBITDA | $523M |
| EPS | $11 |
| EPS Diluted | $11 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $629M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $107M |
| Operating Expenses | $129M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $500M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $500M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $431M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $431M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $425M |
| D&A | $0 |
| EBIT | $523M |
| EBITDA | $523M |
| EPS | $11 |
| EPS Diluted | $11 |
| Item | Amount |
|---|---|
| Net Income | $431M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $597M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.8B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$137M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $372M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $23.5B |
| Net Receivables | $5.3B |
| Inventory | $0 |
| Other Current Assets | -$30.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $25.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$25.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $38.2B |
| Account Payables | $450M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.8B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $28.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $11.7B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.1B |
| TOTAL LIABILITIES & EQUITY | $38.2B |
| Total Debt | $5.4B |
| Net Debt | $4.0B |
