| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.0B | $24.9B | $23.7B | 4.4% | 9.5% |
| Op. Income | $8.1B | $7.3B | $6.8B | 10.9% | 19.1% |
| Gross Margin | 85.0% | 86.0% | 85.5% | -0.9pp | -0.5pp |
| Net Margin | 19.6% | 21.4% | 20.1% | -1.8pp | -0.5pp |
| EPS (Diluted) | $0.46 | $0.41 | $0.36 | 12.2% | 27.8% |
| Free Cash Flow | $9.6B | -$13.0B | $15.3B | 174.3% | -36.9% |
| Item | Amount |
|---|---|
| REVENUE | $26.0B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $22.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $442M |
| General & Administrative | $10.7B |
| SG&A Expenses | $11.1B |
| Other Expenses | $2.9B |
| Operating Expenses | $14.0B |
| Cost & Expenses | $17.9B |
| OPERATING INCOME | $8.1B |
| Interest Income | $14.1B |
| Interest Expense | $3.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $3.0B |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | -$75M |
| BOTTOM LINE NET INCOME | $4.8B |
| D&A | $531M |
| EBIT | $8.1B |
| EBITDA | $8.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26.0B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $22.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $442M |
| General & Administrative | $10.7B |
| SG&A Expenses | $11.1B |
| Other Expenses | $2.9B |
| Operating Expenses | $14.0B |
| Cost & Expenses | $17.9B |
| OPERATING INCOME | $8.1B |
| Interest Income | $14.1B |
| Interest Expense | $3.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $3.0B |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | -$75M |
| BOTTOM LINE NET INCOME | $4.8B |
| D&A | $531M |
| EBIT | $8.1B |
| EBITDA | $8.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5.1B |
| Depreciation & Amortization | $531M |
| Stock-Based Compensation | $459M |
| Deferred Income Tax | $2.1B |
| Other Non-Cash Items | $11.3B |
| Change in Working Capital | -$9.9B |
| OPERATING CASH FLOW | $9.6B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49.9B |
| Sales/Maturities of Investments | $45.9B |
| Other Investing Activities | -$6.0B |
| NET CASH FROM INVESTING | -$10.0B |
| Net Debt Issuance | -$7.6B |
| Common Stock Repurchased | -$2.2B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | -$9.6B |
| FREE CASH FLOW | $9.6B |
| Net Change in Cash | -$9.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168.9B |
| Short-Term Investments | $315.5B |
| Net Receivables | $80.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $564.7B |
| PP&E (Net) | $8.9B |
| Goodwill | $69.0B |
| Intangible Assets | $5.1B |
| Long-Term Investments | $1.0T |
| Tax Assets | $0 |
| Other Non-Current Assets | $558.0B |
| TOTAL NON-CURRENT ASSETS | $1.7T |
| TOTAL ASSETS | $2.3T |
| Account Payables | $0 |
| Short-Term Debt | $232.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3T |
| TOTAL CURRENT LIABILITIES | $1.7T |
| Long-Term Debt | $223.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34.9B |
| TOTAL NON-CURRENT LIABILITIES | $258.8B |
| TOTAL LIABILITIES | $2.0T |
| Common Stock | $142.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $109.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $271.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $271.0B |
| TOTAL LIABILITIES & EQUITY | $2.3T |
| Total Debt | $456.8B |
| Net Debt | $288.0B |
