| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87.4B | $70.0B | $72.4B | 24.9% | 20.8% |
| Op. Income | $3.9B | $3.2B | $3.8B | 22.9% | 2.5% |
| Gross Margin | 38.3% | 41.0% | 38.1% | -2.7pp | 0.1pp |
| Net Margin | 3.7% | 3.0% | 4.2% | 0.7pp | -0.4pp |
| EPS (Diluted) | $0.32 | $0.21 | $0.30 | 52.4% | 6.7% |
| Free Cash Flow | $14.3B | $3.2B | $12.7B | 349.0% | 12.6% |
| Item | Amount |
|---|---|
| REVENUE | $87.4B |
| Cost of Revenue | $54.0B |
| GROSS PROFIT | $33.5B |
| R&D Expenses | $9.7B |
| Selling & Marketing | $6.2B |
| General & Administrative | $1.4B |
| SG&A Expenses | $7.6B |
| Other Expenses | $12.3B |
| Operating Expenses | $29.6B |
| Cost & Expenses | $83.6B |
| OPERATING INCOME | $3.9B |
| Interest Income | $211M |
| Interest Expense | $455M |
| Other Income/Expenses | $175M |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $786M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $6.2B |
| EBIT | $4.5B |
| EBITDA | $10.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $87.4B |
| Cost of Revenue | $54.0B |
| GROSS PROFIT | $33.5B |
| R&D Expenses | $9.7B |
| Selling & Marketing | $6.2B |
| General & Administrative | $1.4B |
| SG&A Expenses | $7.6B |
| Other Expenses | $12.3B |
| Operating Expenses | $29.6B |
| Cost & Expenses | $83.6B |
| OPERATING INCOME | $3.9B |
| Interest Income | $211M |
| Interest Expense | $455M |
| Other Income/Expenses | $175M |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $786M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $6.2B |
| EBIT | $4.5B |
| EBITDA | $10.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $6.2B |
| Stock-Based Compensation | $1.8B |
| Deferred Income Tax | $185M |
| Other Non-Cash Items | -$444M |
| Change in Working Capital | $8.6B |
| OPERATING CASH FLOW | $19.7B |
| Capital Expenditure | -$5.3B |
| Acquisitions (Net) | -$777M |
| Purchases of Investments | -$6.4B |
| Sales/Maturities of Investments | $7.6B |
| Other Investing Activities | $1.4B |
| NET CASH FROM INVESTING | -$3.5B |
| Net Debt Issuance | -$3.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3.6B |
| FREE CASH FLOW | $14.3B |
| Net Change in Cash | $12.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36.1B |
| Short-Term Investments | $18.9B |
| Net Receivables | $20.8B |
| Inventory | $20.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $96.3B |
| PP&E (Net) | $97.8B |
| Goodwill | $14.8B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.3B |
| TOTAL NON-CURRENT ASSETS | $128.9B |
| TOTAL ASSETS | $225.2B |
| Account Payables | $47.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $8.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $87.8B |
| Long-Term Debt | $23.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.2B |
| TOTAL NON-CURRENT LIABILITIES | $75.4B |
| TOTAL LIABILITIES | $163.2B |
| Common Stock | $5M |
| Additional Paid-In Capital | $33.7B |
| Retained Earnings | $31.2B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$986M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $62.1B |
| TOTAL LIABILITIES & EQUITY | $225.2B |
| Total Debt | $63.2B |
| Net Debt | $27.1B |
