| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.5B | $18.7B | $17.7B | 14.9% | 21.6% |
| Op. Income | $8.0B | $6.0B | $7.2B | 34.8% | 11.9% |
| Gross Margin | 80.5% | 79.5% | 82.1% | 1.0pp | -1.7pp |
| Net Margin | 36.5% | 27.7% | 34.5% | 8.8pp | 2.0pp |
| EPS (Diluted) | $2.71 | $1.80 | $2.12 | 50.6% | 27.8% |
| Free Cash Flow | $6.1B | $623M | $5.8B | 885.4% | 6.3% |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $17.3B |
| R&D Expenses | $4.8B |
| Selling & Marketing | $2.7B |
| General & Administrative | $1.8B |
| SG&A Expenses | $4.5B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $13.4B |
| OPERATING INCOME | $8.0B |
| Interest Income | $146M |
| Interest Expense | $0 |
| Other Income/Expenses | $93M |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $287M |
| Net Income from Continuing Ops | $7.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.8B |
| D&A | $1.7B |
| EBIT | $8.0B |
| EBITDA | $9.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $17.3B |
| R&D Expenses | $4.8B |
| Selling & Marketing | $2.7B |
| General & Administrative | $1.8B |
| SG&A Expenses | $4.5B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $13.4B |
| OPERATING INCOME | $8.0B |
| Interest Income | $146M |
| Interest Expense | $0 |
| Other Income/Expenses | $93M |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $287M |
| Net Income from Continuing Ops | $7.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.8B |
| D&A | $1.7B |
| EBIT | $8.0B |
| EBITDA | $9.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $7.8B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $1.7B |
| Deferred Income Tax | -$1.5B |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $62M |
| OPERATING CASH FLOW | $9.8B |
| Capital Expenditure | -$3.7B |
| Acquisitions (Net) | -$6.0B |
| Purchases of Investments | -$14.1B |
| Sales/Maturities of Investments | $7.3B |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$16.6B |
| Net Debt Issuance | -$196M |
| Common Stock Repurchased | -$1.7B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$991M |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $6.1B |
| Net Change in Cash | -$9.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.6B |
| Short-Term Investments | $44.0B |
| Net Receivables | $8.0B |
| Inventory | $0 |
| Other Current Assets | $222M |
| TOTAL CURRENT ASSETS | $65.8B |
| PP&E (Net) | $51.7B |
| Goodwill | $19.0B |
| Intangible Assets | $744M |
| Long-Term Investments | $6.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $80.6B |
| TOTAL ASSETS | $146.4B |
| Account Payables | $1.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $379M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.1B |
| TOTAL NON-CURRENT LIABILITIES | $16.8B |
| TOTAL LIABILITIES | $28.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $48.9B |
| Retained Earnings | $68.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $308M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $117.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $117.7B |
| TOTAL LIABILITIES & EQUITY | $146.4B |
| Total Debt | $10.6B |
| Net Debt | -$1.0B |
