| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46.2B | $38.3B | $40.5B | 20.6% | 14.0% |
| Op. Income | $11.2B | $6.4B | $9.2B | 75.7% | 22.2% |
| Gross Margin | 54.3% | 51.6% | 56.6% | 2.7pp | -2.4pp |
| Net Margin | 24.4% | 18.2% | 17.5% | 6.2pp | 6.9pp |
| EPS (Diluted) | $0.82 | $0.51 | $0.51 | 60.8% | 60.8% |
| Free Cash Flow | $11.6B | $8.6B | $8.7B | 34.8% | 32.8% |
| Item | Amount |
|---|---|
| REVENUE | $46.2B |
| Cost of Revenue | $21.1B |
| GROSS PROFIT | $25.1B |
| R&D Expenses | $6.9B |
| Selling & Marketing | $4.2B |
| General & Administrative | $2.8B |
| SG&A Expenses | $7.0B |
| Other Expenses | $0 |
| Operating Expenses | $13.8B |
| Cost & Expenses | $35.0B |
| OPERATING INCOME | $11.2B |
| Interest Income | $460M |
| Interest Expense | $48M |
| Other Income/Expenses | $2.1B |
| INCOME BEFORE TAX | $13.4B |
| Income Tax Expense | $2.1B |
| Net Income from Continuing Ops | $11.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.2B |
| D&A | $3.5B |
| EBIT | $13.4B |
| EBITDA | $16.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $46.2B |
| Cost of Revenue | $21.1B |
| GROSS PROFIT | $25.1B |
| R&D Expenses | $6.9B |
| Selling & Marketing | $4.2B |
| General & Administrative | $2.8B |
| SG&A Expenses | $7.0B |
| Other Expenses | $0 |
| Operating Expenses | $13.8B |
| Cost & Expenses | $35.0B |
| OPERATING INCOME | $11.2B |
| Interest Income | $460M |
| Interest Expense | $48M |
| Other Income/Expenses | $2.1B |
| INCOME BEFORE TAX | $13.4B |
| Income Tax Expense | $2.1B |
| Net Income from Continuing Ops | $11.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.2B |
| D&A | $3.5B |
| EBIT | $13.4B |
| EBITDA | $16.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11.2B |
| Depreciation & Amortization | $3.5B |
| Stock-Based Compensation | $3.2B |
| Deferred Income Tax | $136M |
| Other Non-Cash Items | -$1.8B |
| Change in Working Capital | $756M |
| OPERATING CASH FLOW | $17.0B |
| Capital Expenditure | -$5.4B |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$41.4B |
| Sales/Maturities of Investments | $32.0B |
| Other Investing Activities | -$406M |
| NET CASH FROM INVESTING | -$15.2B |
| Net Debt Issuance | $9.8B |
| Common Stock Repurchased | -$7.9B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.4B |
| NET CASH FROM FINANCING | $546M |
| FREE CASH FLOW | $11.6B |
| Net Change in Cash | $2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20.1B |
| Short-Term Investments | $112.5B |
| Net Receivables | $25.5B |
| Inventory | $835M |
| Other Current Assets | $5.4B |
| TOTAL CURRENT ASSETS | $164.4B |
| PP&E (Net) | $93.6B |
| Goodwill | $20.9B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $14.7B |
| Tax Assets | $972M |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $134.9B |
| TOTAL ASSETS | $299.2B |
| Account Payables | $4.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.3B |
| Other Current Liabilities | $18.7B |
| TOTAL CURRENT LIABILITIES | $48.2B |
| Long-Term Debt | $13.9B |
| Deferred Revenue NC | $454M |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $10.8B |
| TOTAL NON-CURRENT LIABILITIES | $38.1B |
| TOTAL LIABILITIES | $86.3B |
| Common Stock | $57.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $155.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $212.9B |
| TOTAL LIABILITIES & EQUITY | $299.2B |
| Total Debt | $26.4B |
| Net Debt | $6.3B |
