| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29.1B | $28.8B | $27.1B | 1.1% | 7.5% |
| Op. Income | $9.0B | $8.8B | $8.5B | 2.2% | 5.4% |
| Gross Margin | 76.3% | 76.4% | 80.2% | -0.0pp | -3.9pp |
| Net Margin | 25.2% | 25.4% | 25.0% | -0.2pp | 0.2pp |
| EPS (Diluted) | $0.74 | $0.70 | $0.63 | 5.7% | 17.5% |
| Free Cash Flow | -$6.7B | $15.1B | -$6.5B | -144.5% | -3.2% |
| Item | Amount |
|---|---|
| REVENUE | $29.1B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $22.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $8.8B |
| SG&A Expenses | $10.1B |
| Other Expenses | $3.2B |
| Operating Expenses | $13.3B |
| Cost & Expenses | $20.2B |
| OPERATING INCOME | $9.0B |
| Interest Income | $18.2B |
| Interest Expense | $6.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9.0B |
| Income Tax Expense | $1.6B |
| 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 | $7.1B |
| D&A | $434M |
| EBIT | $9.0B |
| EBITDA | $9.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $29.1B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $22.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $8.8B |
| SG&A Expenses | $10.1B |
| Other Expenses | $3.2B |
| Operating Expenses | $13.3B |
| Cost & Expenses | $20.2B |
| OPERATING INCOME | $9.0B |
| Interest Income | $18.2B |
| Interest Expense | $6.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9.0B |
| Income Tax Expense | $1.6B |
| 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 | $7.1B |
| D&A | $434M |
| EBIT | $9.0B |
| EBITDA | $9.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7.3B |
| Depreciation & Amortization | $434M |
| Stock-Based Compensation | $481M |
| Deferred Income Tax | $731M |
| Other Non-Cash Items | $2.6B |
| Change in Working Capital | -$18.3B |
| OPERATING CASH FLOW | -$6.7B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41.7B |
| Sales/Maturities of Investments | $39.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $11.5B |
| Common Stock Repurchased | -$6.5B |
| Common Dividends Paid | -$1.7B |
| Other Financing Activities | $2.3B |
| NET CASH FROM FINANCING | $7.9B |
| FREE CASH FLOW | -$6.7B |
| Net Change in Cash | -$229M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180.1B |
| Short-Term Investments | $236.0B |
| Net Receivables | $73.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $489.6B |
| PP&E (Net) | $10.4B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2T |
| Tax Assets | $0 |
| Other Non-Current Assets | $632.4B |
| TOTAL NON-CURRENT ASSETS | $1.9T |
| TOTAL ASSETS | $2.4T |
| Account Payables | $0 |
| Short-Term Debt | $222.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $238.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38.4B |
| TOTAL NON-CURRENT LIABILITIES | $276.4B |
| TOTAL LIABILITIES | $2.1T |
| Common Stock | $106.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $147.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $271.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $271.4B |
| TOTAL LIABILITIES & EQUITY | $2.4T |
| Total Debt | $460.2B |
| Net Debt | $280.1B |
