| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $3.5B | $2.4B | 43.4% | 104.4% |
| Op. Income | $2.6B | $1.8B | $1.2B | 42.9% | 126.2% |
| Gross Margin | 78.7% | 84.8% | 82.9% | -6.1pp | -4.2pp |
| Net Margin | 45.0% | 47.3% | 47.4% | -2.3pp | -2.4pp |
| EPS (Diluted) | $19.69 | $14.33 | $10.24 | 37.4% | 92.3% |
| Free Cash Flow | $2.2B | $3.3B | $1.1B | -32.4% | 107.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $711M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $560M |
| Other Expenses | -$16M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$136M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $274M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $75M |
| EBIT | $2.5B |
| EBITDA | $2.6B |
| EPS | $21 |
| EPS Diluted | $20 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $711M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $560M |
| Other Expenses | -$16M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$136M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $274M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $75M |
| EBIT | $2.5B |
| EBITDA | $2.6B |
| EPS | $21 |
| EPS Diluted | $20 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $188M |
| Deferred Income Tax | -$206M |
| Other Non-Cash Items | $442M |
| Change in Working Capital | -$355M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$155M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $318M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$582M |
| NET CASH FROM FINANCING | -$907M |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | -$547M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $2.8B |
| Net Receivables | $6.0B |
| Inventory | $2.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.0B |
| PP&E (Net) | $3.5B |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $6.8B |
| Tax Assets | $877M |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $25.4B |
| Account Payables | $564M |
| Short-Term Debt | $0 |
| Deferred Revenue | $442M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $73M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $680M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $8.1B |
| Retained Earnings | $19.0B |
| Treasury Stock | -$8.3B |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $18.8B |
| TOTAL LIABILITIES & EQUITY | $25.4B |
| Total Debt | $2.7B |
| Net Debt | -$186M |
