| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.2B | $14.3B | — | -0.7% | — |
| Op. Income | $4.9B | $4.6B | — | 6.7% | — |
| Gross Margin | 97.8% | 97.1% | — | 0.7pp | — |
| Net Margin | 26.1% | 24.5% | — | 1.5pp | — |
| EPS (Diluted) | $1.98 | $1.85 | — | 7.0% | — |
| Free Cash Flow | $1.5B | $4.1B | — | -63.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $14.2B |
| Cost of Revenue | $312M |
| GROSS PROFIT | $13.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $146M |
| General & Administrative | $5.9B |
| SG&A Expenses | $6.1B |
| Other Expenses | $3.0B |
| Operating Expenses | $9.0B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $4.9B |
| Interest Income | $2.4B |
| Interest Expense | $288M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.9B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $1.0B |
| EBIT | $4.9B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $14.2B |
| Cost of Revenue | $312M |
| GROSS PROFIT | $13.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $146M |
| General & Administrative | $5.9B |
| SG&A Expenses | $6.1B |
| Other Expenses | $3.0B |
| Operating Expenses | $9.0B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $4.9B |
| Interest Income | $2.4B |
| Interest Expense | $288M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.9B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $1.0B |
| EBIT | $4.9B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $500M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$3.2B |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$619M |
| Acquisitions (Net) | -$5.8B |
| Purchases of Investments | -$17.2B |
| Sales/Maturities of Investments | $8.7B |
| Other Investing Activities | -$216M |
| NET CASH FROM INVESTING | -$15.1B |
| Net Debt Issuance | $8.1B |
| Common Stock Repurchased | -$3.6B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $8.7B |
| NET CASH FROM FINANCING | $11.8B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | -$2.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80.0B |
| Short-Term Investments | $427.0B |
| Net Receivables | $98.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $605.4B |
| PP&E (Net) | $0 |
| Goodwill | $16.8B |
| Intangible Assets | $8.5B |
| Long-Term Investments | $256.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $303.8B |
| TOTAL NON-CURRENT ASSETS | $585.1B |
| TOTAL ASSETS | $1.2T |
| Account Payables | $240.3B |
| Short-Term Debt | $71.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $460.3B |
| TOTAL CURRENT LIABILITIES | $772.4B |
| Long-Term Debt | $230.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $80.7B |
| TOTAL NON-CURRENT LIABILITIES | $311.0B |
| TOTAL LIABILITIES | $1.1T |
| Common Stock | $20M |
| Additional Paid-In Capital | $28.5B |
| Retained Earnings | $87.1B |
| Treasury Stock | -$14.8B |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105.9B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $107.1B |
| TOTAL LIABILITIES & EQUITY | $1.2T |
| Total Debt | $302.0B |
| Net Debt | $222.0B |
