| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $813M | $706M | $621M | 15.2% | 31.0% |
| Op. Income | $247M | $155M | $27M | 59.3% | 802.4% |
| Gross Margin | 94.0% | 93.3% | 93.3% | 0.6pp | 0.7pp |
| Net Margin | 22.4% | 21.2% | -2.4% | 1.2pp | 24.8pp |
| EPS (Diluted) | $0.82 | $0.67 | $-0.07 | 22.4% | 1279.9% |
| Free Cash Flow | $223M | $107M | $129M | 109.1% | 72.4% |
| Item | Amount |
|---|---|
| REVENUE | $813M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $764M |
| R&D Expenses | $335M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $181M |
| Other Expenses | $0 |
| Operating Expenses | $516M |
| Cost & Expenses | $566M |
| OPERATING INCOME | $247M |
| Interest Income | $0 |
| Interest Expense | $439.0K |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $209M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $15M |
| EBIT | $210M |
| EBITDA | $225M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $813M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $764M |
| R&D Expenses | $335M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $181M |
| Other Expenses | $0 |
| Operating Expenses | $516M |
| Cost & Expenses | $566M |
| OPERATING INCOME | $247M |
| Interest Income | $0 |
| Interest Expense | $439.0K |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $209M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $15M |
| EBIT | $210M |
| EBITDA | $225M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $182M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | -$18.0K |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $255M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $32M |
| Purchases of Investments | -$126M |
| Sales/Maturities of Investments | $125M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$615.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $223M |
| Net Change in Cash | $201M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $285M |
| Net Receivables | $517M |
| Inventory | $21M |
| Other Current Assets | $102M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $714M |
| Goodwill | $156M |
| Intangible Assets | $156M |
| Long-Term Investments | $192M |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $115M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $324M |
| TOTAL CURRENT LIABILITIES | $743M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $276M |
| TOTAL NON-CURRENT LIABILITIES | $307M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $221.0K |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $44M |
| Net Debt | -$2.0B |
