| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.3B | -2.5% | 31.3% |
| Op. Income | $490M | $468M | $375M | 4.7% | 30.7% |
| Gross Margin | 100.8% | 101.0% | 87.9% | -0.2pp | 12.9pp |
| Net Margin | 23.6% | 21.7% | 24.5% | 2.0pp | -0.8pp |
| EPS (Diluted) | $0.26 | $0.22 | $0.27 | 18.2% | -3.7% |
| Free Cash Flow | $407M | $519M | $27M | -21.6% | 1407.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | -$14M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $473M |
| SG&A Expenses | $503M |
| Other Expenses | $718M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $490M |
| Interest Income | $1.2B |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $490M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $402M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $401M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $377M |
| D&A | $92M |
| EBIT | $490M |
| EBITDA | $582M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | -$14M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $473M |
| SG&A Expenses | $503M |
| Other Expenses | $718M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $490M |
| Interest Income | $1.2B |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $490M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $402M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $401M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $377M |
| D&A | $92M |
| EBIT | $490M |
| EBITDA | $582M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $402M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$116M |
| Other Non-Cash Items | -$188M |
| Change in Working Capital | $275M |
| OPERATING CASH FLOW | $497M |
| Capital Expenditure | -$90M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.0B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$4.8B |
| Net Debt Issuance | -$809M |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | -$219M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | $407M |
| Net Change in Cash | -$4.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $374M |
| Net Receivables | $6.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.6B |
| PP&E (Net) | $1.2B |
| Goodwill | $5.3B |
| Intangible Assets | $611M |
| Long-Term Investments | $146.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.8B |
| TOTAL NON-CURRENT ASSETS | $161.5B |
| TOTAL ASSETS | $174.1B |
| Account Payables | $0 |
| Short-Term Debt | $334M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $143.3B |
| TOTAL CURRENT LIABILITIES | $143.6B |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $11.1B |
| TOTAL LIABILITIES | $154.7B |
| Common Stock | $14M |
| Additional Paid-In Capital | $15.2B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$79M |
| Accum. Other Comp. Income | -$229M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.3B |
| Minority Interest | $21M |
| TOTAL EQUITY | $19.3B |
| TOTAL LIABILITIES & EQUITY | $174.1B |
| Total Debt | $7.4B |
| Net Debt | $1.5B |
