| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $5.6B | $5.0B | 7.6% | 19.3% |
| Op. Income | $2.1B | $2.4B | $1.8B | -10.6% | 22.0% |
| Gross Margin | 83.7% | 83.0% | 82.5% | 0.7pp | 1.2pp |
| Net Margin | 28.4% | 34.0% | 29.0% | -5.6pp | -0.6pp |
| EPS (Diluted) | $0.37 | $0.41 | $0.31 | -9.8% | 19.0% |
| Free Cash Flow | -$794M | $3.1B | -$211M | -125.6% | -276.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $978M |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $882M |
| Selling & Marketing | $1.8B |
| General & Administrative | $186M |
| SG&A Expenses | $2.0B |
| Other Expenses | $626.7K |
| Operating Expenses | $2.9B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $348M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $326M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $978M |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $882M |
| Selling & Marketing | $1.8B |
| General & Administrative | $186M |
| SG&A Expenses | $2.0B |
| Other Expenses | $626.7K |
| Operating Expenses | $2.9B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $348M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $326M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $214M |
| Stock-Based Compensation | $163M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$388M |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | -$473M |
| Capital Expenditure | -$321M |
| Acquisitions (Net) | -$2.9B |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $713M |
| FREE CASH FLOW | -$794M |
| Net Change in Cash | -$2.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $1.1B |
| Net Receivables | $7.3B |
| Inventory | $3.1B |
| Other Current Assets | $265M |
| TOTAL CURRENT ASSETS | $13.4B |
| PP&E (Net) | $8.7B |
| Goodwill | $681M |
| Intangible Assets | $6.1B |
| Long-Term Investments | $226M |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $17.1B |
| TOTAL ASSETS | $30.5B |
| Account Payables | $1.4B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.5B |
| TOTAL CURRENT LIABILITIES | $15.6B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $826M |
| Other Non-Current Liabilities | $942M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $19.4B |
| Common Stock | $72M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11.3B |
| Treasury Stock | -$940.0K |
| Accum. Other Comp. Income | -$269M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.1B |
| TOTAL LIABILITIES & EQUITY | $30.5B |
| Total Debt | $4.2B |
| Net Debt | $2.5B |
