| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.9B | $24.0B | $24.9B | 11.9% | 8.0% |
| Op. Income | $8.4B | $6.4B | $7.3B | 31.1% | 14.7% |
| Gross Margin | 82.7% | 80.8% | 86.0% | 1.8pp | -3.3pp |
| Net Margin | 25.7% | 10.5% | 21.4% | 15.2pp | 4.3pp |
| EPS (Diluted) | $0.62 | $0.20 | $0.41 | 210.0% | 51.2% |
| Free Cash Flow | $40.4B | -$7.0B | -$13.0B | 672.6% | 410.7% |
| Item | Amount |
|---|---|
| REVENUE | $26.9B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $22.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $9.6B |
| SG&A Expenses | $10.7B |
| Other Expenses | $3.2B |
| Operating Expenses | $13.8B |
| Cost & Expenses | $18.5B |
| OPERATING INCOME | $8.4B |
| Interest Income | $15.6B |
| Interest Expense | $3.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.4B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $6.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.5B |
| D&A | $511M |
| EBIT | $8.4B |
| EBITDA | $8.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $26.9B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $22.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $9.6B |
| SG&A Expenses | $10.7B |
| Other Expenses | $3.2B |
| Operating Expenses | $13.8B |
| Cost & Expenses | $18.5B |
| OPERATING INCOME | $8.4B |
| Interest Income | $15.6B |
| Interest Expense | $3.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.4B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $6.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.5B |
| D&A | $511M |
| EBIT | $8.4B |
| EBITDA | $8.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6.9B |
| Depreciation & Amortization | $511M |
| Stock-Based Compensation | $415M |
| Deferred Income Tax | $804M |
| Other Non-Cash Items | $5.5B |
| Change in Working Capital | $26.2B |
| OPERATING CASH FLOW | $40.4B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16.6B |
| Sales/Maturities of Investments | $23.5B |
| Other Investing Activities | -$29.7B |
| NET CASH FROM INVESTING | -$22.8B |
| Net Debt Issuance | $12.8B |
| Common Stock Repurchased | -$4.9B |
| Common Dividends Paid | -$1.7B |
| Other Financing Activities | $20.0B |
| NET CASH FROM FINANCING | $28.6B |
| FREE CASH FLOW | $40.4B |
| Net Change in Cash | $46.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212.3B |
| Short-Term Investments | $290.4B |
| Net Receivables | $79.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $582.4B |
| PP&E (Net) | $9.4B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1T |
| Tax Assets | $0 |
| Other Non-Current Assets | $571.9B |
| TOTAL NON-CURRENT ASSETS | $1.7T |
| TOTAL ASSETS | $2.3T |
| Account Payables | $0 |
| Short-Term Debt | $216.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $232.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33.9B |
| TOTAL NON-CURRENT LIABILITIES | $266.2B |
| TOTAL LIABILITIES | $2.1T |
| Common Stock | $133.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $120.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $266.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $266.2B |
| TOTAL LIABILITIES & EQUITY | $2.3T |
| Total Debt | $448.9B |
| Net Debt | $236.5B |
