| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.5B | $3.8B | 10.1% | 29.9% |
| Op. Income | $2.7B | $2.3B | $2.1B | 16.1% | 29.1% |
| Gross Margin | 76.6% | 75.0% | 75.5% | 1.6pp | 1.1pp |
| Net Margin | 48.4% | 45.6% | 39.4% | 2.8pp | 9.0pp |
| EPS (Diluted) | $2.44 | $2.08 | $1.51 | 17.3% | 61.6% |
| Free Cash Flow | $2.3B | $2.1B | $1.5B | 10.6% | 54.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $222M |
| General & Administrative | $646M |
| SG&A Expenses | $868M |
| Other Expenses | $234M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $110M |
| Other Income/Expenses | $99M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $402M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $188M |
| EBIT | $2.9B |
| EBITDA | $3.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $222M |
| General & Administrative | $646M |
| SG&A Expenses | $868M |
| Other Expenses | $234M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $110M |
| Other Income/Expenses | $99M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $402M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $188M |
| EBIT | $2.9B |
| EBITDA | $3.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $188M |
| Stock-Based Compensation | $89M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | $149M |
| Change in Working Capital | -$263M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$249M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $273M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.6B |
| Common Dividends Paid | -$434M |
| Other Financing Activities | -$137M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | $218M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.4B |
| Short-Term Investments | $510M |
| Net Receivables | $3.7B |
| Inventory | $0 |
| Other Current Assets | $4.6B |
| TOTAL CURRENT ASSETS | $15.4B |
| PP&E (Net) | $1.9B |
| Goodwill | $7.6B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $1.7B |
| Tax Assets | $471M |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $20.0B |
| TOTAL ASSETS | $35.4B |
| Account Payables | $557M |
| Short-Term Debt | $650M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $13.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $374M |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $17.0B |
| TOTAL LIABILITIES | $28.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | $43.8B |
| Treasury Stock | -$41.3B |
| Accum. Other Comp. Income | -$791M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $99M |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $35.4B |
| Total Debt | $13.9B |
| Net Debt | $7.5B |
