| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.8B | $28.3B | $26.9B | 1.9% | 7.1% |
| Op. Income | $8.8B | $8.7B | $8.4B | 0.8% | 4.4% |
| Gross Margin | 76.4% | 77.2% | 82.7% | -0.9pp | -6.3pp |
| Net Margin | 25.4% | 25.7% | 25.7% | -0.4pp | -0.3pp |
| EPS (Diluted) | $0.70 | $0.70 | $0.62 | 0.0% | 12.9% |
| Free Cash Flow | $15.1B | -$13.9B | $40.4B | 208.5% | -62.6% |
| Item | Amount |
|---|---|
| REVENUE | $28.8B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $22.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $9.0B |
| SG&A Expenses | $10.1B |
| Other Expenses | $3.1B |
| Operating Expenses | $13.2B |
| Cost & Expenses | $20.0B |
| OPERATING INCOME | $8.8B |
| Interest Income | $18.2B |
| Interest Expense | $5.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.8B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $7.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.9B |
| D&A | $418M |
| EBIT | $8.8B |
| EBITDA | $9.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $28.8B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $22.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $9.0B |
| SG&A Expenses | $10.1B |
| Other Expenses | $3.1B |
| Operating Expenses | $13.2B |
| Cost & Expenses | $20.0B |
| OPERATING INCOME | $8.8B |
| Interest Income | $18.2B |
| Interest Expense | $5.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.8B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $7.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.9B |
| D&A | $418M |
| EBIT | $8.8B |
| EBITDA | $9.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7.3B |
| Depreciation & Amortization | $418M |
| Stock-Based Compensation | $504M |
| Deferred Income Tax | $763M |
| Other Non-Cash Items | $9.0B |
| Change in Working Capital | -$2.9B |
| OPERATING CASH FLOW | $15.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51.4B |
| Sales/Maturities of Investments | $55.3B |
| Other Investing Activities | -$8.6B |
| NET CASH FROM INVESTING | -$4.8B |
| Net Debt Issuance | -$5.8B |
| Common Stock Repurchased | -$6.3B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | -$1.6B |
| NET CASH FROM FINANCING | -$15.5B |
| FREE CASH FLOW | $15.1B |
| Net Change in Cash | -$5.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181.1B |
| Short-Term Investments | $231.6B |
| Net Receivables | $74.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $487.3B |
| PP&E (Net) | $10.3B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2T |
| Tax Assets | $0 |
| Other Non-Current Assets | $638.0B |
| TOTAL NON-CURRENT ASSETS | $1.9T |
| TOTAL ASSETS | $2.4T |
| Account Payables | $0 |
| Short-Term Debt | $202.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $233.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36.3B |
| TOTAL NON-CURRENT LIABILITIES | $270.3B |
| TOTAL LIABILITIES | $2.1T |
| Common Stock | $112.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $141.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $267.0B |
| TOTAL LIABILITIES & EQUITY | $2.4T |
| Total Debt | $436.4B |
| Net Debt | $255.3B |
