| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $3.9B | $3.0B | 15.2% | 52.0% |
| Op. Income | $1.3B | $1.0B | $336M | 23.5% | 284.4% |
| Gross Margin | 42.4% | 40.0% | 27.8% | 2.4pp | 14.6pp |
| Net Margin | 20.9% | 18.1% | 7.7% | 2.8pp | 13.2pp |
| EPS (Diluted) | $9.54 | $7.17 | $2.32 | 33.1% | 311.2% |
| Free Cash Flow | $675M | $709M | $442M | -4.8% | 52.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $518M |
| Other Expenses | $94M |
| Operating Expenses | $609M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $304M |
| Net Income from Continuing Ops | $939M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $938M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $938M |
| D&A | $184M |
| EBIT | $1.3B |
| EBITDA | $1.5B |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $518M |
| Other Expenses | $94M |
| Operating Expenses | $609M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $304M |
| Net Income from Continuing Ops | $939M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $938M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $938M |
| D&A | $184M |
| EBIT | $1.3B |
| EBITDA | $1.5B |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| Net Income | $939M |
| Depreciation & Amortization | $184M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $79M |
| Change in Working Capital | -$455M |
| OPERATING CASH FLOW | $775M |
| Capital Expenditure | -$99M |
| Acquisitions (Net) | -$59M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | -$3M |
| Other Investing Activities | $44M |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $675M |
| Net Change in Cash | $654M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $423M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $2.7B |
| Goodwill | $7.8B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $74M |
| Tax Assets | $21M |
| Other Non-Current Assets | $410M |
| TOTAL NON-CURRENT ASSETS | $14.9B |
| TOTAL ASSETS | $20.1B |
| Account Payables | $639M |
| Short-Term Debt | $377M |
| Deferred Revenue | $507M |
| Other Current Liabilities | $623M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $829M |
| Other Non-Current Liabilities | $526M |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $9M |
| Additional Paid-In Capital | $110M |
| Retained Earnings | $9.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$162M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $21M |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $20.1B |
| Total Debt | $6.8B |
| Net Debt | $5.4B |
