| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.4B | $6.2B | $6.6B | 19.4% | 12.8% |
| Op. Income | $3.8B | $2.2B | $2.0B | 71.1% | 92.0% |
| Gross Margin | 83.5% | 77.6% | 82.7% | 5.9pp | 0.9pp |
| Net Margin | 34.9% | 24.5% | 5.5% | 10.4pp | 29.5pp |
| EPS (Diluted) | $2.05 | $1.21 | $0.29 | 69.4% | 606.9% |
| Free Cash Flow | $3.1B | $2.2B | $2.1B | 41.7% | 48.6% |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $6.2B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $65M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $3.8B |
| Interest Income | $0 |
| Interest Expense | $250M |
| Other Income/Expenses | -$404M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $852M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $523M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $6.2B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $65M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $3.8B |
| Interest Income | $0 |
| Interest Expense | $250M |
| Other Income/Expenses | -$404M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $852M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $523M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $523M |
| Stock-Based Compensation | $171M |
| Deferred Income Tax | $240M |
| Other Non-Cash Items | $186M |
| Change in Working Capital | -$453M |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$139M |
| Acquisitions (Net) | -$83M |
| Purchases of Investments | -$844M |
| Sales/Maturities of Investments | $813M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$234M |
| Net Debt Issuance | -$2.5B |
| Common Stock Repurchased | -$145M |
| Common Dividends Paid | -$900M |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$3.5B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | -$531M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.4B |
| Short-Term Investments | $1.4B |
| Net Receivables | $4.6B |
| Inventory | $1.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.0B |
| PP&E (Net) | $5.0B |
| Goodwill | $8.3B |
| Intangible Assets | $33.9B |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.7B |
| TOTAL NON-CURRENT ASSETS | $53.1B |
| TOTAL ASSETS | $67.1B |
| Account Payables | $585M |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $25.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.6B |
| Other Non-Current Liabilities | $5.6B |
| TOTAL NON-CURRENT LIABILITIES | $35.4B |
| TOTAL LIABILITIES | $45.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $16.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.5B |
| Minority Interest | $1M |
| TOTAL EQUITY | $21.5B |
| TOTAL LIABILITIES & EQUITY | $67.1B |
| Total Debt | $27.7B |
| Net Debt | $23.3B |
