| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $4.7B | $5.5B | 25.3% | 5.9% |
| Op. Income | $557M | $240M | $375M | 132.2% | 48.8% |
| Gross Margin | 44.9% | 41.8% | 45.8% | 3.2pp | -0.9pp |
| Net Margin | 6.8% | 5.2% | 4.4% | 1.6pp | 2.4pp |
| EPS (Diluted) | $0.41 | $0.26 | $0.26 | 59.1% | 59.1% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $559M |
| Selling & Marketing | $1.3B |
| General & Administrative | $197M |
| SG&A Expenses | $1.5B |
| Other Expenses | $6M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $557M |
| Interest Income | $32M |
| Interest Expense | $62M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $521M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $399M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $1M |
| NET INCOME | $396M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $396M |
| D&A | $0 |
| EBIT | $583M |
| EBITDA | $583M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $559M |
| Selling & Marketing | $1.3B |
| General & Administrative | $197M |
| SG&A Expenses | $1.5B |
| Other Expenses | $6M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $557M |
| Interest Income | $32M |
| Interest Expense | $62M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $521M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $399M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $1M |
| NET INCOME | $396M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $396M |
| D&A | $0 |
| EBIT | $583M |
| EBITDA | $583M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $396M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$396M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$2.7B |
| Short-Term Investments | $5.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.7B |
| TOTAL NON-CURRENT ASSETS | -$2.7B |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $0 |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12.8B |
| Other Equity | $34M |
| TOTAL STOCKHOLDERS' EQUITY | $12.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.9B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $0 |
| Net Debt | $2.7B |
