| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63.4B | $59.7B | $52.9B | 6.2% | 19.9% |
| Op. Income | $3.1B | $4.4B | $3.0B | -30.2% | 3.4% |
| Gross Margin | 42.7% | 43.2% | 42.1% | -0.5pp | 0.6pp |
| Net Margin | 4.1% | 6.0% | 4.8% | -1.8pp | -0.7pp |
| EPS (Diluted) | $0.26 | $0.35 | $0.25 | -25.7% | 4.0% |
| Free Cash Flow | $5.6B | -$1.4B | $4.2B | 484.8% | 32.1% |
| Item | Amount |
|---|---|
| REVENUE | $63.4B |
| Cost of Revenue | $36.3B |
| GROSS PROFIT | $27.1B |
| R&D Expenses | $9.1B |
| Selling & Marketing | $4.3B |
| General & Administrative | $1.3B |
| SG&A Expenses | $5.6B |
| Other Expenses | $9.4B |
| Operating Expenses | $24.0B |
| Cost & Expenses | $60.3B |
| OPERATING INCOME | $3.1B |
| Interest Income | $215M |
| Interest Expense | $383M |
| Other Income/Expenses | -$202M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $257M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $5.2B |
| EBIT | $3.3B |
| EBITDA | $8.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63.4B |
| Cost of Revenue | $36.3B |
| GROSS PROFIT | $27.1B |
| R&D Expenses | $9.1B |
| Selling & Marketing | $4.3B |
| General & Administrative | $1.3B |
| SG&A Expenses | $5.6B |
| Other Expenses | $9.4B |
| Operating Expenses | $24.0B |
| Cost & Expenses | $60.3B |
| OPERATING INCOME | $3.1B |
| Interest Income | $215M |
| Interest Expense | $383M |
| Other Income/Expenses | -$202M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $257M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $5.2B |
| EBIT | $3.3B |
| EBITDA | $8.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $5.2B |
| Stock-Based Compensation | $2.0B |
| Deferred Income Tax | $105M |
| Other Non-Cash Items | $73M |
| Change in Working Capital | -$858M |
| OPERATING CASH FLOW | $9.1B |
| Capital Expenditure | -$3.6B |
| Acquisitions (Net) | -$117M |
| Purchases of Investments | -$9.9B |
| Sales/Maturities of Investments | $5.2B |
| Other Investing Activities | $919M |
| NET CASH FROM INVESTING | -$7.5B |
| Net Debt Issuance | -$2.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $5.6B |
| Net Change in Cash | -$542M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22.6B |
| Short-Term Investments | $18.8B |
| Net Receivables | $16.7B |
| Inventory | $18.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $76.8B |
| PP&E (Net) | $86.4B |
| Goodwill | $14.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.5B |
| TOTAL NON-CURRENT ASSETS | $114.6B |
| TOTAL ASSETS | $191.4B |
| Account Payables | $36.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $7.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $69.7B |
| Long-Term Debt | $23.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.1B |
| TOTAL NON-CURRENT LIABILITIES | $68.6B |
| TOTAL LIABILITIES | $138.3B |
| Common Stock | $5M |
| Additional Paid-In Capital | $30.0B |
| Retained Earnings | $25.8B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$960M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $53.1B |
| TOTAL LIABILITIES & EQUITY | $191.4B |
| Total Debt | $58.5B |
| Net Debt | $35.8B |
