| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.1B | $7.9B | $4.9B | 1.6% | 64.7% |
| Op. Income | $2.2B | $2.2B | $782M | 1.3% | 180.7% |
| Gross Margin | 57.8% | 56.7% | 57.5% | 1.0pp | 0.3pp |
| Net Margin | 25.1% | 22.2% | 17.3% | 2.9pp | 7.9pp |
| EPS (Diluted) | $1.77 | $1.53 | $0.74 | 15.7% | 139.2% |
| Free Cash Flow | $2.9B | $2.4B | $1.5B | 18.1% | 97.2% |
| Item | Amount |
|---|---|
| REVENUE | $8.1B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $4.7B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $597M |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $2.2B |
| Interest Income | $21M |
| Interest Expense | $138M |
| Other Income/Expenses | $62M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $230M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $406M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8.1B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $4.7B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $597M |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $2.2B |
| Interest Income | $21M |
| Interest Expense | $138M |
| Other Income/Expenses | $62M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $230M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $406M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $406M |
| Stock-Based Compensation | $424M |
| Deferred Income Tax | -$123M |
| Other Non-Cash Items | -$203M |
| Change in Working Capital | $841M |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$506M |
| Acquisitions (Net) | -$48M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $46M |
| NET CASH FROM INVESTING | -$372M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$630M |
| Common Dividends Paid | -$767M |
| Other Financing Activities | -$211M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.4B |
| Short-Term Investments | $5.5B |
| Net Receivables | $3.0B |
| Inventory | $3.1B |
| Other Current Assets | $701M |
| TOTAL CURRENT ASSETS | $19.7B |
| PP&E (Net) | $4.4B |
| Goodwill | $7.2B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $19.1B |
| TOTAL ASSETS | $38.8B |
| Account Payables | $2.7B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $618M |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $11.5B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $475M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $19.1B |
| TOTAL LIABILITIES | $30.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $184M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $38.8B |
| Total Debt | $15.7B |
| Net Debt | $8.3B |
