| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | — | $1.2B | — | 49.2% |
| Op. Income | $617M | — | $307M | — | 100.6% |
| Gross Margin | 49.0% | — | 50.4% | — | -1.4pp |
| Net Margin | 16.8% | — | 4.1% | — | 12.7pp |
| EPS (Diluted) | $1.07 | — | $0.15 | — | 613.3% |
| Free Cash Flow | $1.1B | — | $127M | — | 780.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $932M |
| GROSS PROFIT | $894M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $238M |
| Other Expenses | $40M |
| Operating Expenses | $277M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $617M |
| Interest Income | $0 |
| Interest Expense | $209M |
| Other Income/Expenses | -$204M |
| INCOME BEFORE TAX | $412M |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $305M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $304M |
| D&A | $40M |
| EBIT | $622M |
| EBITDA | $661M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $932M |
| GROSS PROFIT | $894M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $238M |
| Other Expenses | $40M |
| Operating Expenses | $277M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $617M |
| Interest Income | $0 |
| Interest Expense | $209M |
| Other Income/Expenses | -$204M |
| INCOME BEFORE TAX | $412M |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $305M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $304M |
| D&A | $40M |
| EBIT | $622M |
| EBITDA | $661M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $305M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $81M |
| Other Non-Cash Items | $108M |
| Change in Working Capital | $605M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$641.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $916M |
| Common Stock Repurchased | -$128M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$203.0K |
| NET CASH FROM FINANCING | $748M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.4B |
| Short-Term Investments | $0 |
| Net Receivables | $6.6B |
| Inventory | $0 |
| Other Current Assets | $991M |
| TOTAL CURRENT ASSETS | $16.0B |
| PP&E (Net) | $916M |
| Goodwill | $1.7B |
| Intangible Assets | $171M |
| Long-Term Investments | $30.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $35.8B |
| TOTAL ASSETS | $51.8B |
| Account Payables | $8.8B |
| Short-Term Debt | $8.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16.9B |
| Long-Term Debt | $10.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.5B |
| TOTAL NON-CURRENT LIABILITIES | $25.4B |
| TOTAL LIABILITIES | $42.3B |
| Common Stock | $259M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $6.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$196M |
| Other Equity | -$125M |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $58M |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $51.8B |
| Total Debt | $19.0B |
| Net Debt | $10.6B |
