| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70.0B | $63.4B | $56.6B | 10.4% | 23.7% |
| Op. Income | $3.2B | $3.1B | $3.7B | 2.4% | -15.2% |
| Gross Margin | 41.0% | 42.7% | 41.7% | -1.7pp | -0.7pp |
| Net Margin | 3.0% | 4.1% | 5.1% | -1.1pp | -2.0pp |
| EPS (Diluted) | $0.21 | $0.26 | $0.29 | -19.2% | -27.6% |
| Free Cash Flow | $3.2B | $5.6B | $5.2B | -42.5% | -39.0% |
| Item | Amount |
|---|---|
| REVENUE | $70.0B |
| Cost of Revenue | $41.3B |
| GROSS PROFIT | $28.7B |
| R&D Expenses | $9.2B |
| Selling & Marketing | $4.8B |
| General & Administrative | $1.3B |
| SG&A Expenses | $6.1B |
| Other Expenses | $10.2B |
| Operating Expenses | $25.5B |
| Cost & Expenses | $66.8B |
| OPERATING INCOME | $3.2B |
| Interest Income | $224M |
| Interest Expense | $396M |
| Other Income/Expenses | -$529M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $494M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $5.6B |
| EBIT | $3.0B |
| EBITDA | $8.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70.0B |
| Cost of Revenue | $41.3B |
| GROSS PROFIT | $28.7B |
| R&D Expenses | $9.2B |
| Selling & Marketing | $4.8B |
| General & Administrative | $1.3B |
| SG&A Expenses | $6.1B |
| Other Expenses | $10.2B |
| Operating Expenses | $25.5B |
| Cost & Expenses | $66.8B |
| OPERATING INCOME | $3.2B |
| Interest Income | $224M |
| Interest Expense | $396M |
| Other Income/Expenses | -$529M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $494M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $5.6B |
| EBIT | $3.0B |
| EBITDA | $8.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $5.6B |
| Stock-Based Compensation | $1.8B |
| Deferred Income Tax | $92M |
| Other Non-Cash Items | $435M |
| Change in Working Capital | -$2.1B |
| OPERATING CASH FLOW | $7.9B |
| Capital Expenditure | -$4.7B |
| Acquisitions (Net) | -$398M |
| Purchases of Investments | -$8.5B |
| Sales/Maturities of Investments | $7.3B |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | -$5.1B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | $589M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23.3B |
| Short-Term Investments | $20.1B |
| Net Receivables | $16.9B |
| Inventory | $18.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $79.1B |
| PP&E (Net) | $90.8B |
| Goodwill | $14.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.5B |
| TOTAL NON-CURRENT ASSETS | $120.0B |
| TOTAL ASSETS | $199.1B |
| Account Payables | $35.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $7.4B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $72.1B |
| Long-Term Debt | $22.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.9B |
| TOTAL NON-CURRENT LIABILITIES | $70.5B |
| TOTAL LIABILITIES | $142.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $31.8B |
| Retained Earnings | $28.0B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $56.5B |
| TOTAL LIABILITIES & EQUITY | $199.1B |
| Total Debt | $59.5B |
| Net Debt | $36.3B |
