| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.5B | $7.3B | $6.4B | 1.9% | 16.3% |
| Op. Income | $1.8B | $1.8B | $1.3B | -5.0% | 33.5% |
| Gross Margin | 43.8% | 45.3% | 39.9% | -1.5pp | 3.9pp |
| Net Margin | 19.4% | 18.4% | 12.3% | 0.9pp | 7.1pp |
| EPS (Diluted) | $0.32 | $0.30 | $0.17 | 7.4% | 83.3% |
| Free Cash Flow | -$85M | -$174M | $1.2B | 51.2% | -107.4% |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $564M |
| Selling & Marketing | $636M |
| General & Administrative | $322M |
| SG&A Expenses | $958M |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $1.8B |
| Interest Income | $96M |
| Interest Expense | $190M |
| Other Income/Expenses | -$94M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $212M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $3.0B |
| EBIT | $1.9B |
| EBITDA | $4.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $564M |
| Selling & Marketing | $636M |
| General & Administrative | $322M |
| SG&A Expenses | $958M |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $1.8B |
| Interest Income | $96M |
| Interest Expense | $190M |
| Other Income/Expenses | -$94M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $212M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $3.0B |
| EBIT | $1.9B |
| EBITDA | $4.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $3.0B |
| Stock-Based Compensation | $95M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | -$4.7B |
| Change in Working Capital | $184M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$167M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | -$85M |
| Net Change in Cash | -$252M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $0 |
| Net Receivables | $782M |
| Inventory | $0 |
| Other Current Assets | $802M |
| TOTAL CURRENT ASSETS | $9.4B |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $29.0B |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $33.3B |
| TOTAL ASSETS | $42.7B |
| Account Payables | $643M |
| Short-Term Debt | $699M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $14.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $19.4B |
| TOTAL LIABILITIES | $27.4B |
| Common Stock | $3.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $12.1B |
| Treasury Stock | -$600M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.3B |
| TOTAL LIABILITIES & EQUITY | $42.7B |
| Total Debt | $18.0B |
| Net Debt | $10.5B |
