| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.2B | $16.7B | $12.6B | -9.2% | 20.0% |
| Op. Income | $6.8B | $6.8B | $4.3B | 0.0% | 59.2% |
| Gross Margin | 88.6% | 92.7% | 83.2% | -4.1pp | 5.4pp |
| Net Margin | 35.5% | 32.9% | 26.7% | 2.6pp | 8.8pp |
| EPS (Diluted) | $15.20 | $15.41 | $8.98 | -1.4% | 69.3% |
| Free Cash Flow | -$40.1B | $19.1B | $33.9B | -310.0% | -218.3% |
| Item | Amount |
|---|---|
| REVENUE | $15.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $165M |
| General & Administrative | $3.2B |
| SG&A Expenses | $3.3B |
| Other Expenses | $3.3B |
| Operating Expenses | $6.6B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $6.8B |
| Interest Income | $3.1B |
| Interest Expense | $1.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.8B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $5.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.3B |
| D&A | $509M |
| EBIT | $6.8B |
| EBITDA | $7.4B |
| EPS | $15 |
| EPS Diluted | $15 |
| Item | Amount |
|---|---|
| REVENUE | $15.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $165M |
| General & Administrative | $3.2B |
| SG&A Expenses | $3.3B |
| Other Expenses | $3.3B |
| Operating Expenses | $6.6B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $6.8B |
| Interest Income | $3.1B |
| Interest Expense | $1.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.8B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $5.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.3B |
| D&A | $509M |
| EBIT | $6.8B |
| EBITDA | $7.4B |
| EPS | $15 |
| EPS Diluted | $15 |
| Item | Amount |
|---|---|
| Net Income | $5.4B |
| Depreciation & Amortization | $509M |
| Stock-Based Compensation | $180M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$21.2B |
| Change in Working Capital | -$24.1B |
| OPERATING CASH FLOW | -$39.3B |
| Capital Expenditure | -$883M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12.3B |
| Sales/Maturities of Investments | $16.6B |
| Other Investing Activities | -$8.2B |
| NET CASH FROM INVESTING | -$4.8B |
| Net Debt Issuance | -$11.8B |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$792M |
| Other Financing Activities | $28.4B |
| NET CASH FROM FINANCING | $15.6B |
| FREE CASH FLOW | -$40.1B |
| Net Change in Cash | -$28.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $211.8B |
| Short-Term Investments | $534.5B |
| Net Receivables | $183.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $929.4B |
| PP&E (Net) | $20.5B |
| Goodwill | $4.3B |
| Intangible Assets | $497M |
| Long-Term Investments | $305.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $183.3B |
| TOTAL NON-CURRENT ASSETS | $513.9B |
| TOTAL ASSETS | $1.4T |
| Account Payables | $252.1B |
| Short-Term Debt | $226.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $483.8B |
| TOTAL CURRENT LIABILITIES | $972.3B |
| Long-Term Debt | $252.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $109.9B |
| TOTAL NON-CURRENT LIABILITIES | $364.6B |
| TOTAL LIABILITIES | $1.3T |
| Common Stock | $9M |
| Additional Paid-In Capital | $56.4B |
| Retained Earnings | $128.6B |
| Treasury Stock | -$90.6B |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $3.9B |
| TOTAL STOCKHOLDERS' EQUITY | $106.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $106.3B |
| TOTAL LIABILITIES & EQUITY | $1.4T |
| Total Debt | $481.1B |
| Net Debt | $269.2B |
