| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.7B | $3.1B | 5.9% | 61.1% |
| Op. Income | $1.5B | $1.4B | $990M | 7.8% | 52.2% |
| Gross Margin | 63.1% | 62.6% | 64.9% | 0.4pp | -1.8pp |
| Net Margin | 29.1% | 28.3% | 30.6% | 0.9pp | -1.5pp |
| EPS (Diluted) | $0.06 | $0.05 | $0.04 | 9.4% | 52.6% |
| Free Cash Flow | $1.8B | $806M | $1.3B | 121.3% | 35.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $503M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $1.5B |
| Interest Income | $7M |
| Interest Expense | $53M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $288M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $503M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $1.5B |
| Interest Income | $7M |
| Interest Expense | $53M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $288M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $288M |
| Stock-Based Compensation | $416M |
| Deferred Income Tax | -$165M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$283M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.5B |
| Sales/Maturities of Investments | $3.7B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.1B |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$99M |
| Other Financing Activities | -$244M |
| NET CASH FROM FINANCING | -$342M |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $847M |
| Short-Term Investments | $10.7B |
| Net Receivables | $2.4B |
| Inventory | $1.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.1B |
| PP&E (Net) | $2.9B |
| Goodwill | $4.2B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $144M |
| Tax Assets | $806M |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $28.8B |
| Account Payables | $1.1B |
| Short-Term Debt | $999M |
| Deferred Revenue | $288M |
| Other Current Liabilities | $389M |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $163M |
| Deferred Tax Liabilities | $241M |
| Other Non-Current Liabilities | $971M |
| TOTAL NON-CURRENT LIABILITIES | $8.0B |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | $18.9B |
| Treasury Stock | -$10.8B |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.9B |
| TOTAL LIABILITIES & EQUITY | $28.8B |
| Total Debt | $7.7B |
| Net Debt | $6.9B |
