| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $3.9B | $3.0B | 22.2% | 56.8% |
| Op. Income | $1.4B | $651M | $927M | 114.7% | 50.8% |
| Gross Margin | 62.6% | 58.8% | 63.6% | 3.8pp | -0.9pp |
| Net Margin | 28.3% | 16.1% | 29.8% | 12.2pp | -1.6pp |
| EPS (Diluted) | $0.05 | $0.03 | $0.04 | 112.0% | 47.2% |
| Free Cash Flow | $806M | $1.4B | $1.5B | -40.3% | -47.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $515M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.4B |
| Interest Income | $7M |
| Interest Expense | $53M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $299M |
| EBIT | $1.4B |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $515M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.4B |
| Interest Income | $7M |
| Interest Expense | $53M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $299M |
| EBIT | $1.4B |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $299M |
| Stock-Based Compensation | $383M |
| Deferred Income Tax | -$53M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$689M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$473M |
| Acquisitions (Net) | -$1.4B |
| Purchases of Investments | -$4.6B |
| Sales/Maturities of Investments | $4.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$99M |
| Other Financing Activities | -$298M |
| NET CASH FROM FINANCING | -$301M |
| FREE CASH FLOW | $806M |
| Net Change in Cash | -$1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $7.9B |
| Net Receivables | $2.5B |
| Inventory | $1.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.4B |
| PP&E (Net) | $2.7B |
| Goodwill | $4.2B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $106M |
| Tax Assets | $666M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $12.5B |
| TOTAL ASSETS | $26.9B |
| Account Payables | $1.1B |
| Short-Term Debt | $998M |
| Deferred Revenue | $235M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $147M |
| Deferred Tax Liabilities | $258M |
| Other Non-Current Liabilities | $906M |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $11.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $8.3B |
| Retained Earnings | $17.6B |
| Treasury Stock | -$10.5B |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.3B |
| TOTAL LIABILITIES & EQUITY | $26.9B |
| Total Debt | $7.7B |
| Net Debt | $5.4B |
