| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $5.0B | $21.7B | -2.7% | -77.6% |
| Op. Income | $1.2B | $1.4B | $1.6B | -13.1% | -21.8% |
| Gross Margin | 95.0% | 89.1% | 97.7% | 6.0pp | -2.7pp |
| Net Margin | 17.4% | 18.4% | 4.7% | -0.9pp | 12.7pp |
| EPS (Diluted) | $0.22 | $0.23 | $0.27 | -5.0% | -17.4% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $243M |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.1B |
| SG&A Expenses | $2.5B |
| Other Expenses | $929M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $1.2B |
| Interest Income | $3.9B |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $355M |
| Net Income from Continuing Ops | $868M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $850M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $850M |
| D&A | $0 |
| EBIT | $1.2B |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $243M |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.1B |
| SG&A Expenses | $2.5B |
| Other Expenses | $929M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $1.2B |
| Interest Income | $3.9B |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $355M |
| Net Income from Continuing Ops | $868M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $850M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $850M |
| D&A | $0 |
| EBIT | $1.2B |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $851M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$873M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131.2B |
| Short-Term Investments | $61.6B |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $194.2B |
| PP&E (Net) | $3.3B |
| Goodwill | $622M |
| Intangible Assets | $1.0B |
| Long-Term Investments | $900.6B |
| Tax Assets | $904M |
| Other Non-Current Assets | -$4.9B |
| TOTAL NON-CURRENT ASSETS | $901.6B |
| TOTAL ASSETS | $1.1T |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $861.2B |
| TOTAL CURRENT LIABILITIES | $863.6B |
| Long-Term Debt | $92.3B |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $683M |
| Other Non-Current Liabilities | $42.8B |
| TOTAL NON-CURRENT LIABILITIES | $167.2B |
| TOTAL LIABILITIES | $1.0T |
| Common Stock | $614M |
| Additional Paid-In Capital | $20.0B |
| Retained Earnings | $33.1B |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $2.7B |
| Other Equity | -$11.9B |
| TOTAL STOCKHOLDERS' EQUITY | $55.7B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $56.9B |
| TOTAL LIABILITIES & EQUITY | $1.1T |
| Total Debt | $92.3B |
| Net Debt | -$38.9B |
