| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41.7B | $43.1B | $35.0B | -3.2% | 19.1% |
| Op. Income | $17.0B | $17.9B | $13.0B | -4.7% | 31.4% |
| Gross Margin | 68.7% | 67.0% | 68.7% | 1.7pp | 0.1pp |
| Net Margin | 37.1% | 35.9% | 30.7% | 1.2pp | 6.4pp |
| EPS (Diluted) | $2.03 | $2.03 | $1.40 | 0.0% | 45.0% |
| Free Cash Flow | $17.1B | $8.3B | $13.7B | 104.9% | 24.4% |
| Item | Amount |
|---|---|
| REVENUE | $41.7B |
| Cost of Revenue | $13.0B |
| GROSS PROFIT | $28.7B |
| R&D Expenses | $5.2B |
| Selling & Marketing | $5.1B |
| General & Administrative | $1.3B |
| SG&A Expenses | $6.4B |
| Other Expenses | $0 |
| Operating Expenses | $11.6B |
| Cost & Expenses | $24.7B |
| OPERATING INCOME | $17.0B |
| Interest Income | $519M |
| Interest Expense | $633M |
| Other Income/Expenses | $188M |
| INCOME BEFORE TAX | $17.2B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $15.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15.5B |
| D&A | $2.9B |
| EBIT | $17.9B |
| EBITDA | $20.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $41.7B |
| Cost of Revenue | $13.0B |
| GROSS PROFIT | $28.7B |
| R&D Expenses | $5.2B |
| Selling & Marketing | $5.1B |
| General & Administrative | $1.3B |
| SG&A Expenses | $6.4B |
| Other Expenses | $0 |
| Operating Expenses | $11.6B |
| Cost & Expenses | $24.7B |
| OPERATING INCOME | $17.0B |
| Interest Income | $519M |
| Interest Expense | $633M |
| Other Income/Expenses | $188M |
| INCOME BEFORE TAX | $17.2B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $15.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15.5B |
| D&A | $2.9B |
| EBIT | $17.9B |
| EBITDA | $20.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $15.5B |
| Depreciation & Amortization | $2.9B |
| Stock-Based Compensation | $1.5B |
| Deferred Income Tax | -$88M |
| Other Non-Cash Items | -$351M |
| Change in Working Capital | $2.7B |
| OPERATING CASH FLOW | $22.2B |
| Capital Expenditure | -$5.1B |
| Acquisitions (Net) | -$7.5B |
| Purchases of Investments | -$18.4B |
| Sales/Maturities of Investments | $20.9B |
| Other Investing Activities | $400M |
| NET CASH FROM INVESTING | -$9.7B |
| Net Debt Issuance | -$500M |
| Common Stock Repurchased | -$6.9B |
| Common Dividends Paid | -$4.2B |
| Other Financing Activities | -$1.9B |
| NET CASH FROM FINANCING | -$13.2B |
| FREE CASH FLOW | $17.1B |
| Net Change in Cash | -$730M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.7B |
| Short-Term Investments | $111.7B |
| Net Receivables | $26.3B |
| Inventory | $2.2B |
| Other Current Assets | $11.6B |
| TOTAL CURRENT ASSETS | $165.6B |
| PP&E (Net) | $65.6B |
| Goodwill | $49.7B |
| Intangible Assets | $8.1B |
| Long-Term Investments | $5.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.4B |
| TOTAL NON-CURRENT ASSETS | $143.3B |
| TOTAL ASSETS | $308.9B |
| Account Payables | $13.4B |
| Short-Term Debt | $8.1B |
| Deferred Revenue | $30.1B |
| Other Current Liabilities | $15.9B |
| TOTAL CURRENT LIABILITIES | $72.2B |
| Long-Term Debt | $50.0B |
| Deferred Revenue NC | $2.6B |
| Deferred Tax Liabilities | $173M |
| Other Non-Current Liabilities | $28.8B |
| TOTAL NON-CURRENT LIABILITIES | $102.2B |
| TOTAL LIABILITIES | $174.4B |
| Common Stock | $82.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $50.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $134.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $134.5B |
| TOTAL LIABILITIES & EQUITY | $308.9B |
| Total Debt | $81.3B |
| Net Debt | $67.6B |
