| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.7B | $2.3B | 7.3% | 26.6% |
| Op. Income | $88M | $14M | -$47M | 525.0% | 287.5% |
| Gross Margin | 26.7% | 28.4% | 24.8% | -1.7pp | 1.9pp |
| Net Margin | 0.1% | -0.9% | -5.1% | 0.9pp | 5.2pp |
| EPS (Diluted) | $-0.41 | $-0.19 | $-0.57 | -118.7% | 28.6% |
| Free Cash Flow | $115M | $40M | $123M | 188.2% | -6.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $781M |
| R&D Expenses | $243M |
| Selling & Marketing | $327M |
| General & Administrative | $123M |
| SG&A Expenses | $450M |
| Other Expenses | $0 |
| Operating Expenses | $693M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $88M |
| Interest Income | $4M |
| Interest Expense | $12M |
| Other Income/Expenses | $102M |
| INCOME BEFORE TAX | $189M |
| Income Tax Expense | $187M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $96M |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $39M |
| EBIT | $201M |
| EBITDA | $240M |
| EPS | $0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $781M |
| R&D Expenses | $243M |
| Selling & Marketing | $327M |
| General & Administrative | $123M |
| SG&A Expenses | $450M |
| Other Expenses | $0 |
| Operating Expenses | $693M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $88M |
| Interest Income | $4M |
| Interest Expense | $12M |
| Other Income/Expenses | $102M |
| INCOME BEFORE TAX | $189M |
| Income Tax Expense | $187M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $96M |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $39M |
| EBIT | $201M |
| EBITDA | $240M |
| EPS | $0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | $187M |
| Other Non-Cash Items | -$120M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$188M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | -$726.3K |
| NET CASH FROM INVESTING | -$141M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $75M |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | $84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $769M |
| Net Receivables | $749M |
| Inventory | $0 |
| Other Current Assets | $261M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $948M |
| Goodwill | $1.0B |
| Intangible Assets | $106M |
| Long-Term Investments | $1.3B |
| Tax Assets | $15M |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $616M |
| Short-Term Debt | $0 |
| Deferred Revenue | $513M |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.5B |
| Retained Earnings | -$3.8B |
| Treasury Stock | -$235M |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $2.1B |
| Net Debt | -$881M |
