| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.6B | $15.4B | $12.8B | -17.9% | -1.1% |
| Op. Income | $4.3B | $1.3B | $2.4B | 233.0% | 77.9% |
| Gross Margin | 83.2% | 76.1% | 62.9% | 7.1pp | 20.3pp |
| Net Margin | 26.7% | 2.4% | 14.7% | 24.2pp | 12.0pp |
| EPS (Diluted) | $8.98 | $1.04 | $5.01 | 763.5% | 79.2% |
| Free Cash Flow | $33.9B | -$12.7B | $5.9B | 367.0% | 479.6% |
| Item | Amount |
|---|---|
| REVENUE | $12.6B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $10.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $3.1B |
| SG&A Expenses | $3.2B |
| Other Expenses | $3.0B |
| Operating Expenses | $6.2B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $4.3B |
| Interest Income | $2.9B |
| Interest Expense | $1.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $932M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $468M |
| EBIT | $4.3B |
| EBITDA | $4.8B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $12.6B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $10.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $3.1B |
| SG&A Expenses | $3.2B |
| Other Expenses | $3.0B |
| Operating Expenses | $6.2B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $4.3B |
| Interest Income | $2.9B |
| Interest Expense | $1.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $932M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $468M |
| EBIT | $4.3B |
| EBITDA | $4.8B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $468M |
| Stock-Based Compensation | $157M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12.2B |
| Change in Working Capital | $43.1B |
| OPERATING CASH FLOW | $34.9B |
| Capital Expenditure | -$998M |
| Acquisitions (Net) | -$226M |
| Purchases of Investments | -$9.2B |
| Sales/Maturities of Investments | $7.6B |
| Other Investing Activities | $5.9B |
| NET CASH FROM INVESTING | $3.0B |
| Net Debt Issuance | -$8.6B |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$580M |
| Other Financing Activities | -$8.1B |
| NET CASH FROM FINANCING | -$17.3B |
| FREE CASH FLOW | $33.9B |
| Net Change in Cash | $20.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153.2B |
| Short-Term Investments | $445.2B |
| Net Receivables | $118.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $716.8B |
| PP&E (Net) | $25.8B |
| Goodwill | $4.3B |
| Intangible Assets | $632M |
| Long-Term Investments | $260.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $123.7B |
| TOTAL NON-CURRENT ASSETS | $415.3B |
| TOTAL ASSETS | $1.1T |
| Account Payables | $187.4B |
| Short-Term Debt | $161.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $366.7B |
| TOTAL CURRENT LIABILITIES | $723.9B |
| Long-Term Debt | $227.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86.1B |
| TOTAL NON-CURRENT LIABILITIES | $315.5B |
| TOTAL LIABILITIES | $1.0T |
| Common Stock | $9M |
| Additional Paid-In Capital | $55.7B |
| Retained Earnings | $109.0B |
| Treasury Stock | -$85.9B |
| Accum. Other Comp. Income | -$635M |
| Other Equity | $3.3B |
| TOTAL STOCKHOLDERS' EQUITY | $92.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $92.7B |
| TOTAL LIABILITIES & EQUITY | $1.1T |
| Total Debt | $390.5B |
| Net Debt | $237.3B |
