| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $567M | $514M | $323M | 10.3% | 75.4% |
| Op. Income | $302M | $276M | $167M | 9.5% | 81.5% |
| Gross Margin | 92.1% | 97.4% | 89.3% | -5.3pp | 2.9pp |
| Net Margin | 41.8% | 43.6% | 42.0% | -1.8pp | -0.2pp |
| EPS (Diluted) | $2.28 | $2.17 | $1.36 | 5.1% | 67.6% |
| Free Cash Flow | -$2.2B | -$1.2B | $153M | -76.4% | -1511.1% |
| Item | Amount |
|---|---|
| REVENUE | $567M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $522M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $134M |
| SG&A Expenses | $136M |
| Other Expenses | $83M |
| Operating Expenses | $220M |
| Cost & Expenses | $264M |
| OPERATING INCOME | $302M |
| Interest Income | $443M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $302M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $237M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $237M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $237M |
| D&A | $15M |
| EBIT | $302M |
| EBITDA | $318M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $567M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $522M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $134M |
| SG&A Expenses | $136M |
| Other Expenses | $83M |
| Operating Expenses | $220M |
| Cost & Expenses | $264M |
| OPERATING INCOME | $302M |
| Interest Income | $443M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $302M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $237M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $237M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $237M |
| D&A | $15M |
| EBIT | $302M |
| EBITDA | $318M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $237M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $33M |
| Other Non-Cash Items | -$2.4B |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$2.1B |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.7B |
| Sales/Maturities of Investments | $411M |
| Other Investing Activities | $3.9B |
| NET CASH FROM INVESTING | -$4.4B |
| Net Debt Issuance | $496M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $3.4B |
| NET CASH FROM FINANCING | $4.1B |
| FREE CASH FLOW | -$2.2B |
| Net Change in Cash | -$2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $918M |
| Short-Term Investments | $6.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.3B |
| PP&E (Net) | $267M |
| Goodwill | $608M |
| Intangible Assets | $605M |
| Long-Term Investments | $42.8B |
| Tax Assets | $11M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $45.5B |
| TOTAL ASSETS | $52.8B |
| Account Payables | $0 |
| Short-Term Debt | $446M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $45.3B |
| TOTAL CURRENT LIABILITIES | $45.7B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $795M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $48.3B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.6B |
| Treasury Stock | -$86M |
| Accum. Other Comp. Income | $43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $52.8B |
| Total Debt | $2.2B |
| Net Debt | $1.3B |