| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.6B | $2.5B | 0.9% | 84.8% |
| Op. Income | $2.0B | $1.7B | $889M | 17.0% | 126.2% |
| Gross Margin | 97.4% | 97.4% | 96.4% | 0.0pp | 1.0pp |
| Net Margin | 32.5% | 27.2% | 27.5% | 5.3pp | 5.0pp |
| EPS (Diluted) | $0.74 | $0.59 | $0.48 | 25.4% | 54.2% |
| Free Cash Flow | $1.6B | -$833M | -$210M | 296.5% | 879.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $123M |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $929M |
| Operating Expenses | $2.6B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $2.0B |
| Interest Income | $2.2B |
| Interest Expense | $123M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $485M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $293M |
| EBIT | $2.0B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $123M |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $929M |
| Operating Expenses | $2.6B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $2.0B |
| Interest Income | $2.2B |
| Interest Expense | $123M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $485M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $293M |
| EBIT | $2.0B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $293M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $658M |
| Change in Working Capital | -$685M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$178M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$48.0B |
| Sales/Maturities of Investments | $28.0B |
| Other Investing Activities | -$2.8B |
| NET CASH FROM INVESTING | -$23.0B |
| Net Debt Issuance | $332M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$469M |
| Other Financing Activities | $26.6B |
| NET CASH FROM FINANCING | $26.5B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $5.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34.3B |
| Short-Term Investments | $377.0B |
| Net Receivables | $86.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $497.8B |
| PP&E (Net) | $3.2B |
| Goodwill | $12.0B |
| Intangible Assets | $9.5B |
| Long-Term Investments | $31.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $53.5B |
| TOTAL NON-CURRENT ASSETS | $109.7B |
| TOTAL ASSETS | $607.5B |
| Account Payables | $113.1B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $405.1B |
| TOTAL CURRENT LIABILITIES | $530.6B |
| Long-Term Debt | $19.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19.5B |
| TOTAL LIABILITIES | $550.1B |
| Common Stock | $21M |
| Additional Paid-In Capital | $26.8B |
| Retained Earnings | $24.9B |
| Treasury Stock | -$5.4B |
| Accum. Other Comp. Income | $1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $57.4B |
| TOTAL LIABILITIES & EQUITY | $607.5B |
| Total Debt | $22.5B |
| Net Debt | -$11.8B |
