| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72.4B | $56.6B | $60.5B | 27.9% | 19.7% |
| Op. Income | $3.8B | $3.7B | $2.1B | 1.7% | 78.0% |
| Gross Margin | 38.1% | 41.7% | 36.3% | -3.5pp | 1.8pp |
| Net Margin | 4.2% | 5.1% | 3.1% | -0.9pp | 1.1pp |
| EPS (Diluted) | $0.30 | $0.29 | $0.19 | 3.4% | 57.9% |
| Free Cash Flow | $12.7B | $5.2B | $7.4B | 143.4% | 71.9% |
| Item | Amount |
|---|---|
| REVENUE | $72.4B |
| Cost of Revenue | $44.8B |
| GROSS PROFIT | $27.6B |
| R&D Expenses | $7.7B |
| Selling & Marketing | $4.9B |
| General & Administrative | $1.1B |
| SG&A Expenses | $6.0B |
| Other Expenses | $10.1B |
| Operating Expenses | $23.8B |
| Cost & Expenses | $68.6B |
| OPERATING INCOME | $3.8B |
| Interest Income | $150M |
| Interest Expense | $387M |
| Other Income/Expenses | -$432M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $327M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $4.3B |
| EBIT | $3.7B |
| EBITDA | $8.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $72.4B |
| Cost of Revenue | $44.8B |
| GROSS PROFIT | $27.6B |
| R&D Expenses | $7.7B |
| Selling & Marketing | $4.9B |
| General & Administrative | $1.1B |
| SG&A Expenses | $6.0B |
| Other Expenses | $10.1B |
| Operating Expenses | $23.8B |
| Cost & Expenses | $68.6B |
| OPERATING INCOME | $3.8B |
| Interest Income | $150M |
| Interest Expense | $387M |
| Other Income/Expenses | -$432M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $327M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $4.3B |
| EBIT | $3.7B |
| EBITDA | $8.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $4.3B |
| Stock-Based Compensation | $1.4B |
| Deferred Income Tax | $173M |
| Other Non-Cash Items | $269M |
| Change in Working Capital | $7.3B |
| OPERATING CASH FLOW | $16.5B |
| Capital Expenditure | -$3.7B |
| Acquisitions (Net) | -$331M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $614M |
| NET CASH FROM INVESTING | -$3.6B |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $12.7B |
| Net Change in Cash | $11.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31.8B |
| Short-Term Investments | $9.5B |
| Net Receivables | $16.7B |
| Inventory | $17.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $75.1B |
| PP&E (Net) | $61.8B |
| Goodwill | $14.5B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.1B |
| TOTAL NON-CURRENT ASSETS | $87.5B |
| TOTAL ASSETS | $162.6B |
| Account Payables | $38.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $6.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $68.4B |
| Long-Term Debt | $23.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $15.2B |
| TOTAL NON-CURRENT LIABILITIES | $50.7B |
| TOTAL LIABILITIES | $119.1B |
| Common Stock | $5M |
| Additional Paid-In Capital | $26.8B |
| Retained Earnings | $19.6B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $43.5B |
| TOTAL LIABILITIES & EQUITY | $162.6B |
| Total Debt | $33.1B |
| Net Debt | $1.4B |
