| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.6B | $3.2B | 16.9% | -5.2% |
| Op. Income | $927M | $571M | $1.1B | 62.3% | -12.4% |
| Gross Margin | 63.6% | 59.8% | 60.4% | 3.8pp | 3.2pp |
| Net Margin | 29.8% | 21.4% | 38.7% | 8.4pp | -8.8pp |
| EPS (Diluted) | $0.04 | $0.02 | $0.05 | 56.5% | -26.5% |
| Free Cash Flow | $1.5B | $823M | $337M | 86.8% | 356.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $712M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $277M |
| Other Expenses | $0 |
| Operating Expenses | $989M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $927M |
| Interest Income | $45M |
| Interest Expense | $13M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | $959M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $899M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $899M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $899M |
| D&A | $92M |
| EBIT | $972M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $712M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $277M |
| Other Expenses | $0 |
| Operating Expenses | $989M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $927M |
| Interest Income | $45M |
| Interest Expense | $13M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | $959M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $899M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $899M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $899M |
| D&A | $92M |
| EBIT | $972M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $898M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $223M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $401M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$103M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$97M |
| Other Financing Activities | -$202M |
| NET CASH FROM FINANCING | -$236M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.8B |
| Short-Term Investments | $4M |
| Net Receivables | $1.5B |
| Inventory | $1.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.4B |
| PP&E (Net) | $2.0B |
| Goodwill | $618M |
| Intangible Assets | $43M |
| Long-Term Investments | $0 |
| Tax Assets | $569M |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $591M |
| Short-Term Debt | $0 |
| Deferred Revenue | $119M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $57M |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $580M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | $14.1B |
| Treasury Stock | -$9.7B |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.2B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $2.5B |
| Net Debt | -$7.2B |
