| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.8B | 2.2% | 4.4% |
| Op. Income | $808M | $913M | $484M | -11.5% | 66.9% |
| Gross Margin | 102.0% | 108.3% | 84.1% | -6.4pp | 17.9pp |
| Net Margin | 35.3% | 40.7% | 24.4% | -5.5pp | 10.8pp |
| EPS (Diluted) | $0.65 | $0.73 | $0.41 | -11.0% | 58.5% |
| Free Cash Flow | $916M | $433M | $604M | 111.5% | 51.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | -$36M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $670M |
| SG&A Expenses | $702M |
| Other Expenses | $354M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $808M |
| Interest Income | $1.1B |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $808M |
| Income Tax Expense | $165M |
| Net Income from Continuing Ops | $643M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $645M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $618M |
| D&A | $59M |
| EBIT | $808M |
| EBITDA | $867M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | -$36M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $670M |
| SG&A Expenses | $702M |
| Other Expenses | $354M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $808M |
| Interest Income | $1.1B |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $808M |
| Income Tax Expense | $165M |
| Net Income from Continuing Ops | $643M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $645M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $618M |
| D&A | $59M |
| EBIT | $808M |
| EBITDA | $867M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $645M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$70M |
| Other Non-Cash Items | $306M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | $915M |
| Capital Expenditure | $1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.9B |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$6.0B |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | -$709M |
| Common Dividends Paid | -$201M |
| Other Financing Activities | $5.9B |
| NET CASH FROM FINANCING | $5.0B |
| FREE CASH FLOW | $916M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $763M |
| Short-Term Investments | $19.9B |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24.7B |
| PP&E (Net) | $678M |
| Goodwill | $2.7B |
| Intangible Assets | $144M |
| Long-Term Investments | $145.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.6B |
| TOTAL NON-CURRENT ASSETS | $162.4B |
| TOTAL ASSETS | $187.0B |
| Account Payables | $0 |
| Short-Term Debt | $995M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $151.9B |
| TOTAL CURRENT LIABILITIES | $156.4B |
| Long-Term Debt | $13.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13.2B |
| TOTAL LIABILITIES | $169.5B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $14.1B |
| Treasury Stock | -$5.9B |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.5B |
| TOTAL LIABILITIES & EQUITY | $187.0B |
| Total Debt | $14.2B |
| Net Debt | $13.4B |
