| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $6.1B | $5.2B | 4.7% | 22.7% |
| Op. Income | $1.3B | $1.4B | $980M | -3.2% | 34.1% |
| Gross Margin | 39.9% | 40.7% | 40.9% | -0.8pp | -1.0pp |
| Net Margin | 12.3% | 11.7% | 12.7% | 0.6pp | -0.4pp |
| EPS (Diluted) | $0.17 | $0.16 | $0.15 | 9.4% | 18.4% |
| Free Cash Flow | $1.2B | $899M | -$552M | 28.3% | 309.1% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $454M |
| Selling & Marketing | $528M |
| General & Administrative | $272M |
| SG&A Expenses | $799M |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $453M |
| Other Income/Expenses | -$453M |
| INCOME BEFORE TAX | $861M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $790M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $790M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $790M |
| D&A | $2.8B |
| EBIT | $1.3B |
| EBITDA | $4.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $454M |
| Selling & Marketing | $528M |
| General & Administrative | $272M |
| SG&A Expenses | $799M |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $453M |
| Other Income/Expenses | -$453M |
| INCOME BEFORE TAX | $861M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $790M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $790M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $790M |
| D&A | $2.8B |
| EBIT | $1.3B |
| EBITDA | $4.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $790M |
| Depreciation & Amortization | $2.8B |
| Stock-Based Compensation | $106M |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | -$2.7B |
| Change in Working Capital | $346M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$119M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $69M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.4B |
| Short-Term Investments | $0 |
| Net Receivables | $605M |
| Inventory | $0 |
| Other Current Assets | $620M |
| TOTAL CURRENT ASSETS | $9.8B |
| PP&E (Net) | $828M |
| Goodwill | $0 |
| Intangible Assets | $25.1B |
| Long-Term Investments | $27M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $28.8B |
| TOTAL ASSETS | $38.6B |
| Account Payables | $541M |
| Short-Term Debt | $500M |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $15.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.9B |
| TOTAL NON-CURRENT LIABILITIES | $20.3B |
| TOTAL LIABILITIES | $28.3B |
| Common Stock | $3.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.3B |
| TOTAL LIABILITIES & EQUITY | $38.6B |
| Total Debt | $18.1B |
| Net Debt | $9.7B |
