| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.9B | $15.2B | $13.3B | -8.6% | 4.1% |
| Op. Income | $5.0B | $6.8B | $5.5B | -26.6% | -9.3% |
| Gross Margin | 88.7% | 88.6% | 86.0% | 0.1pp | 2.7pp |
| Net Margin | 28.4% | 35.5% | 33.9% | -7.1pp | -5.5pp |
| EPS (Diluted) | $11.17 | $15.20 | $12.48 | -26.5% | -10.5% |
| Free Cash Flow | $23.8B | -$40.1B | $14.6B | 159.2% | 62.7% |
| Item | Amount |
|---|---|
| REVENUE | $13.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $12.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $193M |
| General & Administrative | $3.2B |
| SG&A Expenses | $3.4B |
| Other Expenses | $3.8B |
| Operating Expenses | $7.3B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $5.0B |
| Interest Income | $3.0B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $488M |
| EBIT | $5.0B |
| EBITDA | $5.5B |
| EPS | $11 |
| EPS Diluted | $11 |
| Item | Amount |
|---|---|
| REVENUE | $13.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $12.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $193M |
| General & Administrative | $3.2B |
| SG&A Expenses | $3.4B |
| Other Expenses | $3.8B |
| Operating Expenses | $7.3B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $5.0B |
| Interest Income | $3.0B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $488M |
| EBIT | $5.0B |
| EBITDA | $5.5B |
| EPS | $11 |
| EPS Diluted | $11 |
| Item | Amount |
|---|---|
| Net Income | $3.9B |
| Depreciation & Amortization | $488M |
| Stock-Based Compensation | $207M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$25.1B |
| Change in Working Capital | $45.4B |
| OPERATING CASH FLOW | $24.9B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7.9B |
| Sales/Maturities of Investments | $5.6B |
| Other Investing Activities | -$10.5B |
| NET CASH FROM INVESTING | -$13.9B |
| Net Debt Issuance | $9.3B |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$822M |
| Other Financing Activities | $29.6B |
| NET CASH FROM FINANCING | $38.2B |
| FREE CASH FLOW | $23.8B |
| Net Change in Cash | $49.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261.0B |
| Short-Term Investments | $517.7B |
| Net Receivables | $170.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $948.9B |
| PP&E (Net) | $20.4B |
| Goodwill | $4.3B |
| Intangible Assets | $418M |
| Long-Term Investments | $314.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $175.2B |
| TOTAL NON-CURRENT ASSETS | $515.1B |
| TOTAL ASSETS | $1.5T |
| Account Payables | $251.9B |
| Short-Term Debt | $222.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $493.7B |
| TOTAL CURRENT LIABILITIES | $975.8B |
| Long-Term Debt | $263.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $112.5B |
| TOTAL NON-CURRENT LIABILITIES | $378.3B |
| TOTAL LIABILITIES | $1.4T |
| Common Stock | $9M |
| Additional Paid-In Capital | $56.4B |
| Retained Earnings | $131.8B |
| Treasury Stock | -$91.1B |
| Accum. Other Comp. Income | -$2.1B |
| Other Equity | $4.2B |
| TOTAL STOCKHOLDERS' EQUITY | $109.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $109.9B |
| TOTAL LIABILITIES & EQUITY | $1.5T |
| Total Debt | $487.8B |
| Net Debt | $226.7B |
