| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.2B | $158M | 14.6% | 2958.1% |
| Op. Income | $3.6B | $3.1B | -$235M | 16.2% | 1613.3% |
| Gross Margin | 85.0% | 82.2% | 94.6% | 2.8pp | -9.6pp |
| Net Margin | 69.0% | 66.0% | -148.0% | 3.1pp | 217.0pp |
| EPS (Diluted) | $7.70 | $6.46 | $-0.59 | 19.2% | 1405.1% |
| Free Cash Flow | $3.2B | $4.0B | $873M | -21.2% | 263.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $722M |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $521M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $168M |
| Other Expenses | -$140M |
| Operating Expenses | $549M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $3.6B |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $70M |
| EBIT | $3.6B |
| EBITDA | $3.6B |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $722M |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $521M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $168M |
| Other Expenses | -$140M |
| Operating Expenses | $549M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $3.6B |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $70M |
| EBIT | $3.6B |
| EBITDA | $3.6B |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$170M |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$99M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $492M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.5B |
| Short-Term Investments | $3.4B |
| Net Receivables | $3.2B |
| Inventory | $965M |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $13.4B |
| PP&E (Net) | $960M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6.4B |
| Tax Assets | $81M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $20.9B |
| Account Payables | $87M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8.0B |
| Other Current Liabilities | $117M |
| TOTAL CURRENT LIABILITIES | $10.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $498M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $842M |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | $5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.1B |
| TOTAL LIABILITIES & EQUITY | $20.9B |
| Total Debt | $583M |
| Net Debt | -$5.0B |
