| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59.7B | $72.4B | $51.0B | -17.5% | 17.0% |
| Op. Income | $4.4B | $3.8B | $1.9B | 16.7% | 129.4% |
| Gross Margin | 43.2% | 38.1% | 39.8% | 5.1pp | 3.4pp |
| Net Margin | 6.0% | 4.2% | 3.2% | 1.8pp | 2.8pp |
| EPS (Diluted) | $0.35 | $0.30 | $0.16 | 16.7% | 118.7% |
| Free Cash Flow | -$1.4B | $12.7B | -$4.9B | -111.3% | 70.5% |
| Item | Amount |
|---|---|
| REVENUE | $59.7B |
| Cost of Revenue | $33.9B |
| GROSS PROFIT | $25.8B |
| R&D Expenses | $7.9B |
| Selling & Marketing | $3.7B |
| General & Administrative | $1.2B |
| SG&A Expenses | $4.8B |
| Other Expenses | $8.6B |
| Operating Expenses | $21.4B |
| Cost & Expenses | $55.3B |
| OPERATING INCOME | $4.4B |
| Interest Income | $183M |
| Interest Expense | $366M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $836M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $4.9B |
| EBIT | $4.8B |
| EBITDA | $9.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59.7B |
| Cost of Revenue | $33.9B |
| GROSS PROFIT | $25.8B |
| R&D Expenses | $7.9B |
| Selling & Marketing | $3.7B |
| General & Administrative | $1.2B |
| SG&A Expenses | $4.8B |
| Other Expenses | $8.6B |
| Operating Expenses | $21.4B |
| Cost & Expenses | $55.3B |
| OPERATING INCOME | $4.4B |
| Interest Income | $183M |
| Interest Expense | $366M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $836M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $4.9B |
| EBIT | $4.8B |
| EBITDA | $9.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3.6B |
| Depreciation & Amortization | $4.9B |
| Stock-Based Compensation | $1.3B |
| Deferred Income Tax | $415M |
| Other Non-Cash Items | -$148M |
| Change in Working Capital | -$8.1B |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$3.3B |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | -$6.9B |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | $569M |
| NET CASH FROM INVESTING | -$8.1B |
| Net Debt Issuance | -$2.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.4B |
| FREE CASH FLOW | -$1.4B |
| Net Change in Cash | -$8.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23.1B |
| Short-Term Investments | $13.9B |
| Net Receivables | $16.0B |
| Inventory | $16.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $69.4B |
| PP&E (Net) | $81.2B |
| Goodwill | $14.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.8B |
| TOTAL NON-CURRENT ASSETS | $108.7B |
| TOTAL ASSETS | $178.1B |
| Account Payables | $31.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $7.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $63.7B |
| Long-Term Debt | $23.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.4B |
| TOTAL NON-CURRENT LIABILITIES | $66.0B |
| TOTAL LIABILITIES | $129.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $28.1B |
| Retained Earnings | $23.2B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $48.4B |
| TOTAL LIABILITIES & EQUITY | $178.1B |
| Total Debt | $56.6B |
| Net Debt | $33.5B |
