| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35.0B | $36.9B | $30.6B | -5.1% | 14.6% |
| Op. Income | $13.0B | $13.9B | $10.3B | -6.6% | 25.5% |
| Gross Margin | 68.7% | 66.5% | 66.7% | 2.1pp | 1.9pp |
| Net Margin | 30.7% | 31.6% | 28.8% | -0.9pp | 1.9pp |
| EPS (Diluted) | $1.40 | $1.51 | $1.14 | -7.3% | 22.8% |
| Free Cash Flow | $13.7B | $7.1B | $11.0B | 92.5% | 25.4% |
| Item | Amount |
|---|---|
| REVENUE | $35.0B |
| Cost of Revenue | $11.0B |
| GROSS PROFIT | $24.0B |
| R&D Expenses | $4.9B |
| Selling & Marketing | $4.9B |
| General & Administrative | $1.3B |
| SG&A Expenses | $6.2B |
| Other Expenses | $0 |
| Operating Expenses | $11.1B |
| Cost & Expenses | $22.0B |
| OPERATING INCOME | $13.0B |
| Interest Income | $673M |
| Interest Expense | $614M |
| Other Income/Expenses | -$132M |
| INCOME BEFORE TAX | $12.8B |
| Income Tax Expense | $2.1B |
| Net Income from Continuing Ops | $10.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10.8B |
| D&A | $3.1B |
| EBIT | $13.5B |
| EBITDA | $16.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $35.0B |
| Cost of Revenue | $11.0B |
| GROSS PROFIT | $24.0B |
| R&D Expenses | $4.9B |
| Selling & Marketing | $4.9B |
| General & Administrative | $1.3B |
| SG&A Expenses | $6.2B |
| Other Expenses | $0 |
| Operating Expenses | $11.1B |
| Cost & Expenses | $22.0B |
| OPERATING INCOME | $13.0B |
| Interest Income | $673M |
| Interest Expense | $614M |
| Other Income/Expenses | -$132M |
| INCOME BEFORE TAX | $12.8B |
| Income Tax Expense | $2.1B |
| Net Income from Continuing Ops | $10.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10.8B |
| D&A | $3.1B |
| EBIT | $13.5B |
| EBITDA | $16.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10.8B |
| Depreciation & Amortization | $3.1B |
| Stock-Based Compensation | $1.3B |
| Deferred Income Tax | -$206M |
| Other Non-Cash Items | $52M |
| Change in Working Capital | $2.5B |
| OPERATING CASH FLOW | $17.5B |
| Capital Expenditure | -$3.8B |
| Acquisitions (Net) | -$329M |
| Purchases of Investments | -$15.9B |
| Sales/Maturities of Investments | $20.1B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $51M |
| Net Debt Issuance | -$3.0B |
| Common Stock Repurchased | -$7.1B |
| Common Dividends Paid | -$3.9B |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$14.6B |
| FREE CASH FLOW | $13.7B |
| Net Change in Cash | $2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.7B |
| Short-Term Investments | $125.9B |
| Net Receivables | $22.7B |
| Inventory | $1.6B |
| Other Current Assets | $8.5B |
| TOTAL CURRENT ASSETS | $170.5B |
| PP&E (Net) | $49.7B |
| Goodwill | $42.1B |
| Intangible Assets | $6.9B |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.7B |
| TOTAL NON-CURRENT ASSETS | $114.9B |
| TOTAL ASSETS | $285.4B |
| Account Payables | $9.2B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $27.0B |
| Other Current Liabilities | $13.4B |
| TOTAL CURRENT LIABILITIES | $58.7B |
| Long-Term Debt | $62.9B |
| Deferred Revenue NC | $3.4B |
| Deferred Tax Liabilities | $185M |
| Other Non-Current Liabilities | $30.4B |
| TOTAL NON-CURRENT LIABILITIES | $112.2B |
| TOTAL LIABILITIES | $170.9B |
| Common Stock | $79.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $32.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $114.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $114.5B |
| TOTAL LIABILITIES & EQUITY | $285.4B |
| Total Debt | $84.0B |
| Net Debt | $72.3B |
