| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $864M | -1.6% | 29.9% |
| Op. Income | $257M | $264M | $158M | -2.8% | 61.9% |
| Gross Margin | 99.2% | 99.6% | 98.6% | -0.4pp | 0.6pp |
| Net Margin | 17.2% | 17.4% | 14.0% | -0.2pp | 3.2pp |
| EPS (Diluted) | $1.54 | $1.60 | $0.97 | -3.8% | 58.8% |
| Free Cash Flow | $859M | $70M | $423M | 1134.6% | 103.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $9M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $672M |
| SG&A Expenses | $672M |
| Other Expenses | $183M |
| Operating Expenses | $856M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $257M |
| Interest Income | $142M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $16M |
| EBIT | $257M |
| EBITDA | $273M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $9M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $672M |
| SG&A Expenses | $672M |
| Other Expenses | $183M |
| Operating Expenses | $856M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $257M |
| Interest Income | $142M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $16M |
| EBIT | $257M |
| EBITDA | $273M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $192M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$63M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | $788M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$147M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$864M |
| Sales/Maturities of Investments | $514M |
| Other Investing Activities | -$505M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $455M |
| NET CASH FROM FINANCING | $579M |
| FREE CASH FLOW | $859M |
| Net Change in Cash | $574M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $2.2B |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.2B |
| Intangible Assets | $128M |
| Long-Term Investments | $20.9B |
| Tax Assets | $180M |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $24.9B |
| TOTAL ASSETS | $30.8B |
| Account Payables | $2.7B |
| Short-Term Debt | $916M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.4B |
| TOTAL CURRENT LIABILITIES | $24.0B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $814M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $26.0B |
| Common Stock | $17M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$325M |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $30.8B |
| Total Debt | $2.1B |
| Net Debt | $87M |
