| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51.0B | $60.5B | $35.7B | -15.6% | 42.9% |
| Op. Income | $1.9B | $2.1B | $1.0B | -9.4% | 91.7% |
| Gross Margin | 39.8% | 36.3% | 37.2% | 3.5pp | 2.6pp |
| Net Margin | 3.2% | 3.1% | 2.0% | 0.1pp | 1.2pp |
| EPS (Diluted) | $0.16 | $0.19 | $0.07 | -15.8% | 116.2% |
| Free Cash Flow | -$4.9B | $7.4B | -$3.8B | -166.0% | -29.8% |
| Item | Amount |
|---|---|
| REVENUE | $51.0B |
| Cost of Revenue | $30.7B |
| GROSS PROFIT | $20.3B |
| R&D Expenses | $6.8B |
| Selling & Marketing | $2.7B |
| General & Administrative | $1.1B |
| SG&A Expenses | $3.8B |
| Other Expenses | $7.9B |
| Operating Expenses | $18.4B |
| Cost & Expenses | $49.1B |
| OPERATING INCOME | $1.9B |
| Interest Income | $80M |
| Interest Expense | $330M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $287M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $3.7B |
| EBIT | $2.2B |
| EBITDA | $5.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51.0B |
| Cost of Revenue | $30.7B |
| GROSS PROFIT | $20.3B |
| R&D Expenses | $6.8B |
| Selling & Marketing | $2.7B |
| General & Administrative | $1.1B |
| SG&A Expenses | $3.8B |
| Other Expenses | $7.9B |
| Operating Expenses | $18.4B |
| Cost & Expenses | $49.1B |
| OPERATING INCOME | $1.9B |
| Interest Income | $80M |
| Interest Expense | $330M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $287M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $3.7B |
| EBIT | $2.2B |
| EBITDA | $5.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $3.7B |
| Stock-Based Compensation | $1.2B |
| Deferred Income Tax | $141M |
| Other Non-Cash Items | -$128M |
| Change in Working Capital | -$8.3B |
| OPERATING CASH FLOW | -$1.8B |
| Capital Expenditure | -$3.1B |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$470M |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | $371M |
| NET CASH FROM INVESTING | -$533M |
| Net Debt Issuance | -$2.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | -$4.9B |
| Net Change in Cash | -$4.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.7B |
| Short-Term Investments | $8.3B |
| Net Receivables | $12.0B |
| Inventory | $13.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $50.8B |
| PP&E (Net) | $52.3B |
| Goodwill | $13.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.8B |
| TOTAL NON-CURRENT ASSETS | $75.5B |
| TOTAL ASSETS | $126.4B |
| Account Payables | $25.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $6.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $48.0B |
| Long-Term Debt | $24.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.9B |
| TOTAL NON-CURRENT LIABILITIES | $46.9B |
| TOTAL LIABILITIES | $94.9B |
| Common Stock | $5M |
| Additional Paid-In Capital | $22.6B |
| Retained Earnings | $11.2B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$467M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $31.5B |
| TOTAL LIABILITIES & EQUITY | $126.4B |
| Total Debt | $24.6B |
| Net Debt | $8.0B |
