| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.8B | $12.0B | $8.8B | 15.0% | 56.8% |
| Op. Income | $2.0B | $1.3B | $809M | 52.7% | 147.7% |
| Gross Margin | 26.6% | 24.1% | 23.5% | 2.5pp | 3.1pp |
| Net Margin | 11.8% | 9.6% | 3.4% | 2.2pp | 8.3pp |
| EPS (Diluted) | $0.48 | $0.34 | $0.09 | 41.2% | 430.4% |
| Free Cash Flow | $1.3B | $609M | $1.4B | 117.1% | -3.8% |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $10.1B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $611M |
| Selling & Marketing | $0 |
| General & Administrative | $994M |
| SG&A Expenses | $994M |
| Other Expenses | $51M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $11.8B |
| OPERATING INCOME | $2.0B |
| Interest Income | $10M |
| Interest Expense | $126M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $223M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $761M |
| EBIT | $2.0B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $10.1B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $611M |
| Selling & Marketing | $0 |
| General & Administrative | $994M |
| SG&A Expenses | $994M |
| Other Expenses | $51M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $11.8B |
| OPERATING INCOME | $2.0B |
| Interest Income | $10M |
| Interest Expense | $126M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $223M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $761M |
| EBIT | $2.0B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $761M |
| Stock-Based Compensation | $475M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $294M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.1B |
| Short-Term Investments | $30M |
| Net Receivables | $2.0B |
| Inventory | $5.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.0B |
| PP&E (Net) | $29.2B |
| Goodwill | $201M |
| Intangible Assets | $269M |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $32.8B |
| TOTAL ASSETS | $57.8B |
| Account Payables | $8.3B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $2.6B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $18.1B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $11.3B |
| TOTAL LIABILITIES | $29.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $28.9B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $120M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.1B |
| Minority Interest | $1.4B |
| TOTAL EQUITY | $28.5B |
| TOTAL LIABILITIES & EQUITY | $57.8B |
| Total Debt | $10.1B |
| Net Debt | -$5.9B |
