| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.7B | $31.1B | $30.6B | -1.1% | 0.5% |
| Op. Income | $12.7B | $14.1B | $15.1B | -10.3% | -16.0% |
| Gross Margin | 99.5% | 100.4% | 101.8% | -0.9pp | -2.3pp |
| Net Margin | 33.9% | 37.6% | 39.7% | -3.8pp | -5.8pp |
| EPS (Diluted) | $3.33 | $3.74 | $3.79 | -11.0% | -12.1% |
| Free Cash Flow | $85.1B | $25.6B | -$28.1B | 232.2% | 403.3% |
| Item | Amount |
|---|---|
| REVENUE | $30.7B |
| Cost of Revenue | $161M |
| GROSS PROFIT | $30.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $947M |
| General & Administrative | $9.1B |
| SG&A Expenses | $10.0B |
| Other Expenses | $7.9B |
| Operating Expenses | $17.9B |
| Cost & Expenses | $18.0B |
| OPERATING INCOME | $12.7B |
| Interest Income | $15.0B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12.7B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $10.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.9B |
| D&A | $1.9B |
| EBIT | $12.7B |
| EBITDA | $14.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $30.7B |
| Cost of Revenue | $161M |
| GROSS PROFIT | $30.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $947M |
| General & Administrative | $9.1B |
| SG&A Expenses | $10.0B |
| Other Expenses | $7.9B |
| Operating Expenses | $17.9B |
| Cost & Expenses | $18.0B |
| OPERATING INCOME | $12.7B |
| Interest Income | $15.0B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12.7B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $10.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.9B |
| D&A | $1.9B |
| EBIT | $12.7B |
| EBITDA | $14.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $10.4B |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4.8B |
| Other Non-Cash Items | $2.7B |
| Change in Working Capital | $65.3B |
| OPERATING CASH FLOW | $85.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$118.4B |
| Sales/Maturities of Investments | $38.4B |
| Other Investing Activities | -$20.2B |
| NET CASH FROM INVESTING | -$100.2B |
| Net Debt Issuance | $7.3B |
| Common Stock Repurchased | -$2.1B |
| Common Dividends Paid | -$3.4B |
| Other Financing Activities | -$3.8B |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $85.1B |
| Net Change in Cash | -$19.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $740.8B |
| Short-Term Investments | $290.3B |
| Net Receivables | $102.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1T |
| PP&E (Net) | $27.1B |
| Goodwill | $50.3B |
| Intangible Assets | $6.4B |
| Long-Term Investments | $1.4T |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1T |
| TOTAL NON-CURRENT ASSETS | $2.6T |
| TOTAL ASSETS | $3.7T |
| Account Payables | $169.2B |
| Short-Term Debt | $247.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6T |
| TOTAL CURRENT LIABILITIES | $3.1T |
| Long-Term Debt | $301.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20.6B |
| TOTAL NON-CURRENT LIABILITIES | $321.6B |
| TOTAL LIABILITIES | $3.4T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $88.4B |
| Retained Earnings | $272.3B |
| Treasury Stock | -$105.4B |
| Accum. Other Comp. Income | -$84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $294.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $294.1B |
| TOTAL LIABILITIES & EQUITY | $3.7T |
| Total Debt | $548.9B |
| Net Debt | -$191.9B |
