| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.7B | $3.0B | 8.3% | -2.5% |
| Op. Income | $1.0B | $1.5B | $944M | -30.2% | 10.9% |
| Gross Margin | 73.5% | 90.3% | 64.2% | -16.8pp | 9.2pp |
| Net Margin | 27.5% | 41.9% | 24.4% | -14.3pp | 3.2pp |
| EPS (Diluted) | $1.48 | $2.00 | $1.24 | -26.0% | 19.4% |
| Free Cash Flow | $2.0B | $1.8B | $2.1B | 10.4% | -3.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $784M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $167M |
| General & Administrative | $409M |
| SG&A Expenses | $576M |
| Other Expenses | $546M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.0B |
| Interest Income | $4.1B |
| Interest Expense | $223M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $234M |
| Net Income from Continuing Ops | $813M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $813M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $803M |
| D&A | $105M |
| EBIT | $1.0B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $784M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $167M |
| General & Administrative | $409M |
| SG&A Expenses | $576M |
| Other Expenses | $546M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.0B |
| Interest Income | $4.1B |
| Interest Expense | $223M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $234M |
| Net Income from Continuing Ops | $813M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $813M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $803M |
| D&A | $105M |
| EBIT | $1.0B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $813M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $561M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $103M |
| Change in Working Capital | $433M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$700M |
| Sales/Maturities of Investments | $831M |
| Other Investing Activities | -$5.9B |
| NET CASH FROM INVESTING | -$5.8B |
| Net Debt Issuance | $1.7B |
| Common Stock Repurchased | -$982M |
| Common Dividends Paid | -$120M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $2.5B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.3B |
| Short-Term Investments | $5.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.6B |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $85.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.2B |
| TOTAL NON-CURRENT ASSETS | $82.1B |
| TOTAL ASSETS | $95.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $62.3B |
| TOTAL CURRENT LIABILITIES | $67.6B |
| Long-Term Debt | $14.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14.5B |
| TOTAL LIABILITIES | $82.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.7B |
| Retained Earnings | $14.2B |
| Treasury Stock | -$10.9B |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.7B |
| TOTAL LIABILITIES & EQUITY | $95.7B |
| Total Debt | $14.5B |
| Net Debt | $6.2B |
