| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.5B | 5.3% | 2.7% |
| Op. Income | $657M | $606M | $487M | 8.5% | 34.9% |
| Gross Margin | 99.6% | 99.1% | 86.3% | 0.5pp | 13.3pp |
| Net Margin | 31.7% | 30.9% | 24.5% | 0.9pp | 7.3pp |
| EPS (Diluted) | $3.69 | $3.41 | $2.75 | 8.2% | 34.2% |
| Free Cash Flow | $444M | $524M | -$38M | -15.3% | 1275.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $6M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $529M |
| SG&A Expenses | $544M |
| Other Expenses | $355M |
| Operating Expenses | $899M |
| Cost & Expenses | $905M |
| OPERATING INCOME | $657M |
| Interest Income | $993M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $657M |
| Income Tax Expense | $162M |
| Net Income from Continuing Ops | $495M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $495M |
| Net Income Deductions | -$3.0K |
| BOTTOM LINE NET INCOME | $476M |
| D&A | $84M |
| EBIT | $657M |
| EBITDA | $741M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $6M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $529M |
| SG&A Expenses | $544M |
| Other Expenses | $355M |
| Operating Expenses | $899M |
| Cost & Expenses | $905M |
| OPERATING INCOME | $657M |
| Interest Income | $993M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $657M |
| Income Tax Expense | $162M |
| Net Income from Continuing Ops | $495M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $495M |
| Net Income Deductions | -$3.0K |
| BOTTOM LINE NET INCOME | $476M |
| D&A | $84M |
| EBIT | $657M |
| EBITDA | $741M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $495M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$88M |
| OPERATING CASH FLOW | $486M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$793M |
| Sales/Maturities of Investments | $471M |
| Other Investing Activities | -$831M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$142M |
| Other Financing Activities | $425M |
| NET CASH FROM FINANCING | $779M |
| FREE CASH FLOW | $444M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39.9B |
| Short-Term Investments | $3.5B |
| Net Receivables | $7.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $50.5B |
| PP&E (Net) | $1.1B |
| Goodwill | $4.6B |
| Intangible Assets | $6M |
| Long-Term Investments | $95.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $625M |
| TOTAL NON-CURRENT ASSETS | $101.4B |
| TOTAL ASSETS | $151.9B |
| Account Payables | $2.1B |
| Short-Term Debt | $104M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $128.7B |
| TOTAL CURRENT LIABILITIES | $130.9B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $134.4B |
| Common Stock | $81M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $14.4B |
| Treasury Stock | -$5.1B |
| Accum. Other Comp. Income | -$210M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.5B |
| TOTAL LIABILITIES & EQUITY | $151.9B |
| Total Debt | $3.6B |
| Net Debt | -$36.3B |
