Revenue and profitability snapshot:
- Revenue: $1,602,984,000; YoY change: 10.12%; QoQ change: 10.07%
- Gross Profit: $1,285,919,000; Gross Margin: 80.22%; YoY Gross Profit growth: 16.07%; QoQ: 12.11%
- Operating Income: $376,426,000; Operating Margin: 23.48%; YoY Op Income growth: 13.01%; QoQ: 13.04%
- Net Income: $345,332,000; Net Margin: 21.54%; YoY Net Income growth: 18.22%; QoQ: 16.79%
- EPS: $2.25 (diluted $2.24); YoY EPS growth: 17.80%; QoQ: 17.80%
Cash flow and liquidity:
- Net cash provided by operating activities: $275,365,000; Free cash flow: $219,777,000
- Capex (investments in property, plant and equipment): $55,588,000
- Cash and cash equivalents: $14,119,095,000; Total cash & equivalents with short-term investments: $14,263,911,000
- Net debt: negative $3,376,844,000 (net cash position after financing activity)
Balance sheet highlights:
- Total assets: $23,756,517,000; Total liabilities: $13,840,912,000; Total stockholders’ equity: $9,915,718,000
- Current assets: $16,879,029,000; Current liabilities: $2,406,076,000
- Long-term debt: $10,615,119,000; Deferred revenue (current): $1,375,398,000; Deferred revenue (non-current): $331,133,000