| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.7B | $9.9B | $11.5B | 7.7% | -6.8% |
| Op. Income | $4.1B | $3.8B | $3.0B | 7.4% | 36.6% |
| Gross Margin | 90.4% | 85.7% | 77.8% | 4.7pp | 12.6pp |
| Net Margin | 29.3% | 29.5% | 20.3% | -0.2pp | 8.9pp |
| EPS (Diluted) | $2.17 | $2.02 | $1.61 | 7.6% | 35.0% |
| Free Cash Flow | $19.2B | -$5.2B | $20.6B | 472.9% | -6.9% |
| Item | Amount |
|---|---|
| REVENUE | $10.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $9.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.0B |
| SG&A Expenses | $4.0B |
| Other Expenses | $1.7B |
| Operating Expenses | $5.6B |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | $4.1B |
| Interest Income | $5.1B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $932M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $479M |
| EBIT | $4.1B |
| EBITDA | $4.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $10.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $9.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.0B |
| SG&A Expenses | $4.0B |
| Other Expenses | $1.7B |
| Operating Expenses | $5.6B |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | $4.1B |
| Interest Income | $5.1B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $932M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $479M |
| EBIT | $4.1B |
| EBITDA | $4.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $479M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | -$433M |
| Change in Working Capital | $16.5B |
| OPERATING CASH FLOW | $19.7B |
| Capital Expenditure | -$449M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22.6B |
| Sales/Maturities of Investments | $17.4B |
| Other Investing Activities | -$12.4B |
| NET CASH FROM INVESTING | -$18.0B |
| Net Debt Issuance | -$121M |
| Common Stock Repurchased | -$1.7B |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | -$730.8K |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $19.2B |
| Net Change in Cash | $804M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143.1B |
| Short-Term Investments | $98.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $241.8B |
| PP&E (Net) | $5.5B |
| Goodwill | $8.0B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $636.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $345.7B |
| TOTAL NON-CURRENT ASSETS | $995.8B |
| TOTAL ASSETS | $1.2T |
| Account Payables | $0 |
| Short-Term Debt | $268.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $620.1B |
| TOTAL CURRENT LIABILITIES | $888.7B |
| Long-Term Debt | $134.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $144.2B |
| TOTAL NON-CURRENT LIABILITIES | $278.5B |
| TOTAL LIABILITIES | $1.2T |
| Common Stock | $12.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $50.4B |
| Treasury Stock | -$83M |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70.3B |
| Minority Interest | $67M |
| TOTAL EQUITY | $70.4B |
| TOTAL LIABILITIES & EQUITY | $1.2T |
| Total Debt | $402.9B |
| Net Debt | $259.8B |
