| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.4B | $4.8B | — | 13.4% | — |
| Op. Income | $888M | $440M | — | 101.8% | — |
| Gross Margin | 32.4% | 28.2% | — | 4.2pp | — |
| Net Margin | 14.8% | 8.4% | — | 6.3pp | — |
| EPS (Diluted) | $0.71 | $0.36 | — | 97.2% | — |
| Free Cash Flow | $79M | -$55M | — | 243.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $649M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $216M |
| Other Expenses | $10M |
| Operating Expenses | $875M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $888M |
| Interest Income | $23M |
| Interest Expense | $51M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $873M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $805M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $803M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $803M |
| D&A | $1.4B |
| EBIT | $892M |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $649M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $216M |
| Other Expenses | $10M |
| Operating Expenses | $875M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $888M |
| Interest Income | $23M |
| Interest Expense | $51M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $873M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $805M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $803M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $803M |
| D&A | $1.4B |
| EBIT | $892M |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $805M |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $82M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$280M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$1.9B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$227M |
| Sales/Maturities of Investments | $211M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.3B |
| Short-Term Investments | $391M |
| Net Receivables | $3.6B |
| Inventory | $5.4B |
| Other Current Assets | $233M |
| TOTAL CURRENT ASSETS | $17.9B |
| PP&E (Net) | $30.7B |
| Goodwill | $1.2B |
| Intangible Assets | $332M |
| Long-Term Investments | $577M |
| Tax Assets | $775M |
| Other Non-Current Assets | $514M |
| TOTAL NON-CURRENT ASSETS | $34.1B |
| TOTAL ASSETS | $52.0B |
| Account Payables | $2.2B |
| Short-Term Debt | $195M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $491M |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $553M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $551M |
| TOTAL NON-CURRENT LIABILITIES | $8.0B |
| TOTAL LIABILITIES | $14.2B |
| Common Stock | $119M |
| Additional Paid-In Capital | $8.8B |
| Retained Earnings | $32.4B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37.8B |
| Minority Interest | $98M |
| TOTAL EQUITY | $37.9B |
| TOTAL LIABILITIES & EQUITY | $52.0B |
| Total Debt | $7.2B |
| Net Debt | -$1.0B |
