| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88.3B | $52.6B | $78.4B | 67.9% | 12.7% |
| Op. Income | $26.3B | $13.1B | $23.4B | 100.3% | 12.5% |
| Gross Margin | 38.4% | 37.9% | 38.5% | 0.5pp | -0.1pp |
| Net Margin | 22.7% | 20.4% | 22.8% | 2.3pp | -0.1pp |
| EPS (Diluted) | $0.97 | $0.52 | $0.84 | 86.5% | 15.5% |
| Free Cash Flow | $25.5B | $11.7B | $23.8B | 118.6% | 7.0% |
| Item | Amount |
|---|---|
| REVENUE | $88.3B |
| Cost of Revenue | $54.4B |
| GROSS PROFIT | $33.9B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.2B |
| Other Expenses | $0 |
| Operating Expenses | $7.6B |
| Cost & Expenses | $62.0B |
| OPERATING INCOME | $26.3B |
| Interest Income | $1.5B |
| Interest Expense | $734M |
| Other Income/Expenses | $756M |
| INCOME BEFORE TAX | $27.0B |
| Income Tax Expense | $7.0B |
| Net Income from Continuing Ops | $20.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20.1B |
| D&A | $2.7B |
| EBIT | $27.8B |
| EBITDA | $30.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $88.3B |
| Cost of Revenue | $54.4B |
| GROSS PROFIT | $33.9B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.2B |
| Other Expenses | $0 |
| Operating Expenses | $7.6B |
| Cost & Expenses | $62.0B |
| OPERATING INCOME | $26.3B |
| Interest Income | $1.5B |
| Interest Expense | $734M |
| Other Income/Expenses | $756M |
| INCOME BEFORE TAX | $27.0B |
| Income Tax Expense | $7.0B |
| Net Income from Continuing Ops | $20.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20.1B |
| D&A | $2.7B |
| EBIT | $27.8B |
| EBITDA | $30.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20.1B |
| Depreciation & Amortization | $2.7B |
| Stock-Based Compensation | $1.3B |
| Deferred Income Tax | -$33.7B |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $37.9B |
| OPERATING CASH FLOW | $28.3B |
| Capital Expenditure | -$2.8B |
| Acquisitions (Net) | -$173M |
| Purchases of Investments | -$41.4B |
| Sales/Maturities of Investments | $30.8B |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$13.6B |
| Net Debt Issuance | $7.0B |
| Common Stock Repurchased | -$10.1B |
| Common Dividends Paid | -$3.3B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7.5B |
| FREE CASH FLOW | $25.5B |
| Net Change in Cash | $7.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27.5B |
| Short-Term Investments | $49.7B |
| Net Receivables | $50.9B |
| Inventory | $4.4B |
| Other Current Assets | $11.3B |
| TOTAL CURRENT ASSETS | $143.8B |
| PP&E (Net) | $33.7B |
| Goodwill | $5.9B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $207.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.3B |
| TOTAL NON-CURRENT ASSETS | $263.0B |
| TOTAL ASSETS | $406.8B |
| Account Payables | $63.0B |
| Short-Term Debt | $18.5B |
| Deferred Revenue | $8.0B |
| Other Current Liabilities | $230M |
| TOTAL CURRENT LIABILITIES | $115.8B |
| Long-Term Debt | $103.9B |
| Deferred Revenue NC | $3.1B |
| Deferred Tax Liabilities | $548M |
| Other Non-Current Liabilities | $43.2B |
| TOTAL NON-CURRENT LIABILITIES | $150.8B |
| TOTAL LIABILITIES | $266.6B |
| Common Stock | $36.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $104.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$841M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $140.2B |
| TOTAL LIABILITIES & EQUITY | $406.8B |
| Total Debt | $122.4B |
| Net Debt | $94.9B |
