| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $3.1B | $3.9B | 26.6% | 2.6% |
| Op. Income | $1.0B | $313M | -$299M | 222.9% | 437.3% |
| Gross Margin | 76.1% | 69.5% | 56.6% | 6.6pp | 19.5pp |
| Net Margin | 24.3% | 7.6% | -5.2% | 16.7pp | 29.5pp |
| EPS (Diluted) | $0.68 | $0.17 | $-0.16 | 300.0% | 514.3% |
| Free Cash Flow | $2.4B | $1.3B | $2.2B | 87.2% | 9.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $952M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $296M |
| Selling & Marketing | $1.7B |
| General & Administrative | $61M |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $134M |
| Interest Expense | $44M |
| Other Income/Expenses | $116M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $967M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $967M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $967M |
| D&A | $55M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $952M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $296M |
| Selling & Marketing | $1.7B |
| General & Administrative | $61M |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $134M |
| Interest Expense | $44M |
| Other Income/Expenses | $116M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $967M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $967M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $967M |
| D&A | $55M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $967M |
| Depreciation & Amortization | $117M |
| Stock-Based Compensation | $528M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$112M |
| Change in Working Capital | $896M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $5.6B |
| Purchases of Investments | -$13.6B |
| Sales/Maturities of Investments | $8.0B |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $28.2K |
| NET CASH FROM FINANCING | $28.2K |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $538M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $939M |
| Short-Term Investments | $12.6B |
| Net Receivables | $508M |
| Inventory | $2M |
| Other Current Assets | $9.4B |
| TOTAL CURRENT ASSETS | $23.5B |
| PP&E (Net) | $459M |
| Goodwill | $0 |
| Intangible Assets | $102M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $26.5B |
| Account Payables | $9.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $170M |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $13.7B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $145.5K |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $15.5B |
| Common Stock | $23.5K |
| Additional Paid-In Capital | $13.9B |
| Retained Earnings | -$2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$368M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.0B |
| TOTAL LIABILITIES & EQUITY | $26.5B |
| Total Debt | $1.9B |
| Net Debt | $925M |
