| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $790M | $621M | $579M | 27.2% | 36.3% |
| Op. Income | $168M | $27M | $98M | 512.0% | 71.0% |
| Gross Margin | 94.4% | 93.3% | 93.1% | 1.2pp | 1.4pp |
| Net Margin | 19.0% | -2.4% | 19.2% | 21.4pp | -0.2pp |
| EPS (Diluted) | $0.68 | $-0.07 | $0.51 | 1078.4% | 33.3% |
| Free Cash Flow | $56M | $129M | $102M | -56.8% | -45.4% |
| Item | Amount |
|---|---|
| REVENUE | $790M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $745M |
| R&D Expenses | $406M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $167M |
| Other Expenses | $5M |
| Operating Expenses | $578M |
| Cost & Expenses | $622M |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $428.0K |
| Other Income/Expenses | $278.0K |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $13M |
| EBIT | $169M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $790M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $745M |
| R&D Expenses | $406M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $167M |
| Other Expenses | $5M |
| Operating Expenses | $578M |
| Cost & Expenses | $622M |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $428.0K |
| Other Income/Expenses | $278.0K |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $13M |
| EBIT | $169M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $159.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$97M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | -$217.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $288M |
| Net Receivables | $482M |
| Inventory | $16M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $588M |
| Goodwill | $156M |
| Intangible Assets | $172M |
| Long-Term Investments | $222M |
| Tax Assets | $2M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $99M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $260M |
| TOTAL CURRENT LIABILITIES | $631M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $286M |
| TOTAL NON-CURRENT LIABILITIES | $318M |
| TOTAL LIABILITIES | $950M |
| Common Stock | $219.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $48M |
| Net Debt | -$1.5B |
