| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $633M | $613M | $443M | 3.2% | 43.0% |
| Op. Income | $98M | $71M | -$97M | 38.3% | 201.5% |
| Gross Margin | 80.0% | 79.2% | 74.5% | 0.8pp | 5.5pp |
| Net Margin | 14.9% | 11.3% | -21.3% | 3.5pp | 36.1pp |
| EPS (Diluted) | $0.14 | $0.10 | $-0.16 | 40.0% | 187.5% |
| Free Cash Flow | $164M | $103M | -$95M | 59.6% | 271.8% |
| Item | Amount |
|---|---|
| REVENUE | $633M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $506M |
| R&D Expenses | $186M |
| Selling & Marketing | $156M |
| General & Administrative | $66M |
| SG&A Expenses | $222M |
| Other Expenses | $0 |
| Operating Expenses | $408M |
| Cost & Expenses | $534M |
| OPERATING INCOME | $98M |
| Interest Income | $765.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $453.0K |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $7M |
| EBIT | $99M |
| EBITDA | $106M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $633M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $506M |
| R&D Expenses | $186M |
| Selling & Marketing | $156M |
| General & Administrative | $66M |
| SG&A Expenses | $222M |
| Other Expenses | $0 |
| Operating Expenses | $408M |
| Cost & Expenses | $534M |
| OPERATING INCOME | $98M |
| Interest Income | $765.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $453.0K |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $7M |
| EBIT | $99M |
| EBITDA | $106M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $96M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $97.0K |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$307M |
| Sales/Maturities of Investments | $360M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $51M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | $219M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $1.1B |
| Net Receivables | $505M |
| Inventory | $0 |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $258M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $282M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $183M |
| TOTAL CURRENT LIABILITIES | $241M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $213M |
| TOTAL LIABILITIES | $454M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $627.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $189M |
| Net Debt | -$1.0B |
