| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64.0B | $53.8B | $62.9B | 19.0% | 1.8% |
| Op. Income | $15.6B | $11.5B | $16.1B | 35.4% | -3.1% |
| Gross Margin | 38.0% | 37.6% | 38.3% | 0.4pp | -0.3pp |
| Net Margin | 21.4% | 18.7% | 22.5% | 2.7pp | -1.1pp |
| EPS (Diluted) | $0.76 | $0.55 | $0.73 | 38.2% | 4.1% |
| Free Cash Flow | $17.1B | $9.6B | $16.5B | 77.8% | 3.9% |
| Item | Amount |
|---|---|
| REVENUE | $64.0B |
| Cost of Revenue | $39.7B |
| GROSS PROFIT | $24.3B |
| R&D Expenses | $4.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.6B |
| Other Expenses | $0 |
| Operating Expenses | $8.7B |
| Cost & Expenses | $48.4B |
| OPERATING INCOME | $15.6B |
| Interest Income | $1.1B |
| Interest Expense | $810M |
| Other Income/Expenses | $502M |
| INCOME BEFORE TAX | $16.1B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $13.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.7B |
| D&A | $3.2B |
| EBIT | $16.9B |
| EBITDA | $20.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $64.0B |
| Cost of Revenue | $39.7B |
| GROSS PROFIT | $24.3B |
| R&D Expenses | $4.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.6B |
| Other Expenses | $0 |
| Operating Expenses | $8.7B |
| Cost & Expenses | $48.4B |
| OPERATING INCOME | $15.6B |
| Interest Income | $1.1B |
| Interest Expense | $810M |
| Other Income/Expenses | $502M |
| INCOME BEFORE TAX | $16.1B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $13.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.7B |
| D&A | $3.2B |
| EBIT | $16.9B |
| EBITDA | $20.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13.7B |
| Depreciation & Amortization | $3.2B |
| Stock-Based Compensation | $1.5B |
| Deferred Income Tax | -$302M |
| Other Non-Cash Items | -$312M |
| Change in Working Capital | $2.2B |
| OPERATING CASH FLOW | $19.9B |
| Capital Expenditure | -$2.8B |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$18.1B |
| Sales/Maturities of Investments | $20.9B |
| Other Investing Activities | -$810M |
| NET CASH FROM INVESTING | -$798M |
| Net Debt Issuance | -$293M |
| Common Stock Repurchased | -$17.4B |
| Common Dividends Paid | -$3.5B |
| Other Financing Activities | $368M |
| NET CASH FROM FINANCING | -$21.0B |
| FREE CASH FLOW | $17.1B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48.8B |
| Short-Term Investments | $51.7B |
| Net Receivables | $45.8B |
| Inventory | $4.1B |
| Other Current Assets | $12.4B |
| TOTAL CURRENT ASSETS | $162.8B |
| PP&E (Net) | $37.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $105.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $33.0B |
| TOTAL NON-CURRENT ASSETS | $175.7B |
| TOTAL ASSETS | $338.5B |
| Account Payables | $46.2B |
| Short-Term Debt | $16.2B |
| Deferred Revenue | $5.5B |
| Other Current Liabilities | $37.7B |
| TOTAL CURRENT LIABILITIES | $105.7B |
| Long-Term Debt | $91.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50.5B |
| TOTAL NON-CURRENT LIABILITIES | $142.3B |
| TOTAL LIABILITIES | $248.0B |
| Common Stock | $45.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $45.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$584M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $90.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $90.5B |
| TOTAL LIABILITIES & EQUITY | $338.5B |
| Total Debt | $108.0B |
| Net Debt | $59.2B |
