| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.2B | $4.8B | 7.8% | 15.2% |
| Op. Income | $2.4B | $2.3B | $2.0B | 3.2% | 19.1% |
| Gross Margin | 83.0% | 83.2% | 83.3% | -0.2pp | -0.3pp |
| Net Margin | 34.0% | 36.7% | 33.3% | -2.7pp | 0.7pp |
| EPS (Diluted) | $0.41 | $0.41 | $0.35 | 0.4% | 19.5% |
| Free Cash Flow | $3.1B | $3.7B | $1.8B | -15.2% | 73.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $949M |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $666M |
| Selling & Marketing | $1.4B |
| General & Administrative | $160M |
| SG&A Expenses | $1.6B |
| Other Expenses | -$13M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $2.4B |
| Interest Income | $124M |
| Interest Expense | $145M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $469M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $211M |
| EBIT | $2.5B |
| EBITDA | $2.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $949M |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $666M |
| Selling & Marketing | $1.4B |
| General & Administrative | $160M |
| SG&A Expenses | $1.6B |
| Other Expenses | -$13M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $2.4B |
| Interest Income | $124M |
| Interest Expense | $145M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $469M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $211M |
| EBIT | $2.5B |
| EBITDA | $2.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $211M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $469M |
| Other Non-Cash Items | $745M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$264M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$490M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$726M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$554M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | $825M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $720M |
| Short-Term Investments | $144M |
| Net Receivables | $739M |
| Inventory | $461M |
| Other Current Assets | $163M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $501M |
| Long-Term Investments | $43M |
| Tax Assets | $180M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $217M |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $303M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $480M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $11M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.7B |
| Treasury Stock | -$97.7K |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $336M |
| Net Debt | -$384M |
