| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | $5.8B | $7.0B | 20.5% | 0.7% |
| Op. Income | $930M | $557M | $854M | 66.8% | 8.9% |
| Gross Margin | 47.8% | 44.9% | 48.8% | 2.8pp | -1.1pp |
| Net Margin | 10.0% | 6.8% | 9.3% | 3.3pp | 0.7pp |
| EPS (Diluted) | $0.74 | $0.41 | $0.68 | 80.0% | 8.6% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $577M |
| Selling & Marketing | $1.5B |
| General & Administrative | $201M |
| SG&A Expenses | $1.7B |
| Other Expenses | $162M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $930M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $906M |
| Income Tax Expense | $194M |
| Net Income from Continuing Ops | $712M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $706M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $706M |
| D&A | $0 |
| EBIT | $947M |
| EBITDA | $947M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $577M |
| Selling & Marketing | $1.5B |
| General & Administrative | $201M |
| SG&A Expenses | $1.7B |
| Other Expenses | $162M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $930M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $906M |
| Income Tax Expense | $194M |
| Net Income from Continuing Ops | $712M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $706M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $706M |
| D&A | $0 |
| EBIT | $947M |
| EBITDA | $947M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $706M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $142M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$848M |
| 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 | $3.8B |
| Short-Term Investments | $0 |
| Net Receivables | $4.9B |
| Inventory | $3.5B |
| Other Current Assets | $799M |
| TOTAL CURRENT ASSETS | $13.1B |
| PP&E (Net) | $3.1B |
| Goodwill | $9.4B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $785M |
| Tax Assets | $2.1B |
| Other Non-Current Assets | $355M |
| TOTAL NON-CURRENT ASSETS | $19.3B |
| TOTAL ASSETS | $32.5B |
| Account Payables | $2.5B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $919M |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $472M |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $18.5B |
| Common Stock | $213M |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | $9.2B |
| Treasury Stock | -$233M |
| Accum. Other Comp. Income | -$398M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $13.9B |
| Minority Interest | $36M |
| TOTAL EQUITY | $13.9B |
| TOTAL LIABILITIES & EQUITY | $32.5B |
| Total Debt | $8.1B |
| Net Debt | $4.3B |
