| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.9B | $22.6B | $23.3B | 10.4% | 6.8% |
| Op. Income | $7.3B | $6.1B | $5.0B | 20.9% | 47.1% |
| Gross Margin | 86.0% | 85.2% | 84.9% | 0.8pp | 1.1pp |
| Net Margin | 21.4% | 20.8% | 14.9% | 0.6pp | 6.5pp |
| EPS (Diluted) | $0.41 | $0.40 | $0.28 | 2.5% | 46.4% |
| Free Cash Flow | -$13.0B | -$8.4B | $10.8B | -55.4% | -219.8% |
| Item | Amount |
|---|---|
| REVENUE | $24.9B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $21.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $332M |
| General & Administrative | $10.9B |
| SG&A Expenses | $11.2B |
| Other Expenses | $2.9B |
| Operating Expenses | $14.1B |
| Cost & Expenses | $17.6B |
| OPERATING INCOME | $7.3B |
| Interest Income | $13.7B |
| Interest Expense | $2.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.3B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $5.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.8B |
| D&A | $534M |
| EBIT | $7.3B |
| EBITDA | $7.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24.9B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $21.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $332M |
| General & Administrative | $10.9B |
| SG&A Expenses | $11.2B |
| Other Expenses | $2.9B |
| Operating Expenses | $14.1B |
| Cost & Expenses | $17.6B |
| OPERATING INCOME | $7.3B |
| Interest Income | $13.7B |
| Interest Expense | $2.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.3B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $5.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.8B |
| D&A | $534M |
| EBIT | $7.3B |
| EBITDA | $7.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5.3B |
| Depreciation & Amortization | $534M |
| Stock-Based Compensation | $306M |
| Deferred Income Tax | $1.4B |
| Other Non-Cash Items | -$2.8B |
| Change in Working Capital | -$17.7B |
| OPERATING CASH FLOW | -$13.0B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47.2B |
| Sales/Maturities of Investments | $50.0B |
| Other Investing Activities | -$16.7B |
| NET CASH FROM INVESTING | -$13.9B |
| Net Debt Issuance | $24.0B |
| Common Stock Repurchased | -$2.7B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $26.4B |
| NET CASH FROM FINANCING | $46.3B |
| FREE CASH FLOW | -$13.0B |
| Net Change in Cash | $20.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180.0B |
| Short-Term Investments | $312.0B |
| Net Receivables | $81.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $573.3B |
| PP&E (Net) | $9.3B |
| Goodwill | $69.0B |
| Intangible Assets | $5.4B |
| Long-Term Investments | $1.1T |
| Tax Assets | $0 |
| Other Non-Current Assets | $535.5B |
| TOTAL NON-CURRENT ASSETS | $1.7T |
| TOTAL ASSETS | $2.2T |
| Account Payables | $0 |
| Short-Term Debt | $230.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3T |
| TOTAL CURRENT LIABILITIES | $1.7T |
| Long-Term Debt | $221.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36.4B |
| TOTAL NON-CURRENT LIABILITIES | $257.8B |
| TOTAL LIABILITIES | $2.0T |
| Common Stock | $144.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $105.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $268.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $268.2B |
| TOTAL LIABILITIES & EQUITY | $2.2T |
| Total Debt | $451.6B |
| Net Debt | $271.7B |
