| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.1B | $18.3B | $20.7B | 15.0% | 1.7% |
| Op. Income | $5.9B | $4.2B | $5.9B | 42.9% | 0.8% |
| Gross Margin | 66.9% | 64.1% | 66.9% | 2.8pp | 0.1pp |
| Net Margin | 16.9% | 19.8% | 8.5% | -2.9pp | 8.4pp |
| EPS (Diluted) | $1.33 | $1.36 | $1.81 | -2.2% | -26.5% |
| Free Cash Flow | $7.6B | $2.8B | $6.8B | 174.1% | 12.7% |
| Item | Amount |
|---|---|
| REVENUE | $21.1B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $14.1B |
| R&D Expenses | $2.8B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $8.2B |
| Cost & Expenses | $15.1B |
| OPERATING INCOME | $5.9B |
| Interest Income | $12M |
| Interest Expense | $44M |
| Other Income/Expenses | -$1.5B |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $847M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $1.8B |
| EBIT | $4.4B |
| EBITDA | $6.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21.1B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $14.1B |
| R&D Expenses | $2.8B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $8.2B |
| Cost & Expenses | $15.1B |
| OPERATING INCOME | $5.9B |
| Interest Income | $12M |
| Interest Expense | $44M |
| Other Income/Expenses | -$1.5B |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $847M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $1.8B |
| EBIT | $4.4B |
| EBITDA | $6.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.6B |
| Depreciation & Amortization | $1.8B |
| Stock-Based Compensation | $256M |
| Deferred Income Tax | $190M |
| Other Non-Cash Items | -$43M |
| Change in Working Capital | $2.6B |
| OPERATING CASH FLOW | $8.4B |
| Capital Expenditure | -$737M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7.7B |
| Sales/Maturities of Investments | $3.6B |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$4.8B |
| Net Debt Issuance | $7.2B |
| Common Stock Repurchased | -$483M |
| Common Dividends Paid | -$2.7B |
| Other Financing Activities | $134M |
| NET CASH FROM FINANCING | $4.2B |
| FREE CASH FLOW | $7.6B |
| Net Change in Cash | $7.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.0B |
| Short-Term Investments | $11.8B |
| Net Receivables | $14.6B |
| Inventory | $9.6B |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $57.6B |
| PP&E (Net) | $17.9B |
| Goodwill | $34.3B |
| Intangible Assets | $47.0B |
| Long-Term Investments | $0 |
| Tax Assets | $7.8B |
| Other Non-Current Assets | $6.1B |
| TOTAL NON-CURRENT ASSETS | $113.1B |
| TOTAL ASSETS | $170.7B |
| Account Payables | $7.0B |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $38.8B |
| Long-Term Debt | $32.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.6B |
| Other Non-Current Liabilities | $29.1B |
| TOTAL NON-CURRENT LIABILITIES | $67.4B |
| TOTAL LIABILITIES | $106.2B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $114.8B |
| Treasury Stock | -$38.5B |
| Accum. Other Comp. Income | -$14.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $64.5B |
| TOTAL LIABILITIES & EQUITY | $170.7B |
| Total Debt | $37.8B |
| Net Debt | $18.8B |
