| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.6B | $6.1B | $5.1B | 7.0% | 28.6% |
| Op. Income | $4.3B | $4.1B | $3.1B | 6.2% | 37.3% |
| Gross Margin | 81.1% | 79.1% | 78.2% | 2.1pp | 2.9pp |
| Net Margin | 54.6% | 42.0% | 41.9% | 12.6pp | 12.7pp |
| EPS (Diluted) | $1.65 | $1.18 | $0.97 | 39.8% | 70.1% |
| Free Cash Flow | $3.8B | $4.2B | $1.9B | -11.1% | 95.2% |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $5.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $457M |
| General & Administrative | $345M |
| SG&A Expenses | $802M |
| Other Expenses | $203M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $4.3B |
| Interest Income | $0 |
| Interest Expense | $125M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $714M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $202M |
| EBIT | $4.4B |
| EBITDA | $4.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $5.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $457M |
| General & Administrative | $345M |
| SG&A Expenses | $802M |
| Other Expenses | $203M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $4.3B |
| Interest Income | $0 |
| Interest Expense | $125M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $714M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $202M |
| EBIT | $4.4B |
| EBITDA | $4.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.6B |
| Depreciation & Amortization | $202M |
| Stock-Based Compensation | $108M |
| Deferred Income Tax | -$108M |
| Other Non-Cash Items | $2.1B |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$208M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $415M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | -$696M |
| Other Financing Activities | $44M |
| NET CASH FROM FINANCING | -$3.6B |
| FREE CASH FLOW | $3.8B |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.5B |
| Short-Term Investments | $2.0B |
| Net Receivables | $3.7B |
| Inventory | $0 |
| Other Current Assets | $4.5B |
| TOTAL CURRENT ASSETS | $27.6B |
| PP&E (Net) | $2.7B |
| Goodwill | $16.0B |
| Intangible Assets | $27.7B |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.2B |
| TOTAL NON-CURRENT ASSETS | $55.3B |
| TOTAL ASSETS | $82.9B |
| Account Payables | $266M |
| Short-Term Debt | $999M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $20.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.1B |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $29.6B |
| TOTAL LIABILITIES | $45.3B |
| Common Stock | $21.9B |
| Additional Paid-In Capital | $18.9B |
| Retained Earnings | $15.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $436M |
| Other Equity | -$22.1B |
| TOTAL STOCKHOLDERS' EQUITY | $37.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $37.6B |
| TOTAL LIABILITIES & EQUITY | $82.9B |
| Total Debt | $21.0B |
| Net Debt | $4.5B |
