| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.3B | $26.0B | $24.0B | -2.5% | 5.4% |
| Op. Income | $7.6B | $8.1B | $7.3B | -6.3% | 4.2% |
| Gross Margin | 82.9% | 85.0% | 86.4% | -2.1pp | -3.5pp |
| Net Margin | 21.4% | 19.6% | 20.6% | 1.8pp | 0.8pp |
| EPS (Diluted) | $0.48 | $0.46 | $0.41 | 4.3% | 17.1% |
| Free Cash Flow | $20.5B | $9.6B | $526M | 112.2% | 3791.8% |
| Item | Amount |
|---|---|
| REVENUE | $25.3B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $21.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $461M |
| General & Administrative | $10.1B |
| SG&A Expenses | $10.6B |
| Other Expenses | $2.8B |
| Operating Expenses | $13.4B |
| Cost & Expenses | $17.7B |
| OPERATING INCOME | $7.6B |
| Interest Income | $14.7B |
| Interest Expense | $3.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.6B |
| Income Tax Expense | $2.2B |
| Net Income from Continuing Ops | $5.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.0B |
| D&A | $523M |
| EBIT | $7.6B |
| EBITDA | $8.1B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25.3B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $21.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $461M |
| General & Administrative | $10.1B |
| SG&A Expenses | $10.6B |
| Other Expenses | $2.8B |
| Operating Expenses | $13.4B |
| Cost & Expenses | $17.7B |
| OPERATING INCOME | $7.6B |
| Interest Income | $14.7B |
| Interest Expense | $3.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.6B |
| Income Tax Expense | $2.2B |
| Net Income from Continuing Ops | $5.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.0B |
| D&A | $523M |
| EBIT | $7.6B |
| EBITDA | $8.1B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5.4B |
| Depreciation & Amortization | $523M |
| Stock-Based Compensation | $457M |
| Deferred Income Tax | $1.6B |
| Other Non-Cash Items | -$3.9B |
| Change in Working Capital | $16.2B |
| OPERATING CASH FLOW | $20.5B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55.6B |
| Sales/Maturities of Investments | $52.6B |
| Other Investing Activities | -$12.6B |
| NET CASH FROM INVESTING | -$15.7B |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | -$1.7B |
| Other Financing Activities | $15.1B |
| NET CASH FROM FINANCING | $8.7B |
| FREE CASH FLOW | $20.5B |
| Net Change in Cash | $13.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181.9B |
| Short-Term Investments | $316.9B |
| Net Receivables | $77.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $575.9B |
| PP&E (Net) | $9.0B |
| Goodwill | $69.0B |
| Intangible Assets | $4.9B |
| Long-Term Investments | $1.1T |
| Tax Assets | $0 |
| Other Non-Current Assets | $556.1B |
| TOTAL NON-CURRENT ASSETS | $1.7T |
| TOTAL ASSETS | $2.3T |
| Account Payables | $0 |
| Short-Term Debt | $222.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $228.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31.8B |
| TOTAL NON-CURRENT LIABILITIES | $260.4B |
| TOTAL LIABILITIES | $2.0T |
| Common Stock | $142.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $113.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $272.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $272.5B |
| TOTAL LIABILITIES & EQUITY | $2.3T |
| Total Debt | $451.1B |
| Net Debt | $269.3B |
