| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.2B | $2.9B | 12.9% | 104.9% |
| Op. Income | $2.5B | $1.5B | $488M | 71.9% | 418.4% |
| Gross Margin | 76.6% | 74.3% | 56.6% | 2.3pp | 20.0pp |
| Net Margin | 33.6% | 20.9% | 11.7% | 12.7pp | 21.9pp |
| EPS (Diluted) | $3.39 | $1.88 | $0.58 | 80.3% | 484.5% |
| Free Cash Flow | $2.2B | $1.3B | $280M | 65.5% | 668.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $139M |
| SG&A Expenses | $1.3B |
| Other Expenses | $699M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $514M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $910M |
| EBIT | $2.5B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $139M |
| SG&A Expenses | $1.3B |
| Other Expenses | $699M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $514M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $910M |
| EBIT | $2.5B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $122M |
| Other Non-Cash Items | -$82M |
| Change in Working Capital | $97M |
| OPERATING CASH FLOW | $3.2B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $77M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100M |
| NET CASH FROM INVESTING | -$837M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $916M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.2B |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $584M |
| Other Current Assets | $456M |
| TOTAL CURRENT ASSETS | $8.6B |
| PP&E (Net) | $28.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $29.7B |
| TOTAL ASSETS | $38.2B |
| Account Payables | $2.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $569M |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.7B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $16.1B |
| Common Stock | $206M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $15.9B |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.2B |
| TOTAL LIABILITIES & EQUITY | $38.2B |
| Total Debt | $5.9B |
| Net Debt | $698M |
