| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.0B | $21.8B | $21.9B | 10.3% | 9.6% |
| Op. Income | $6.1B | $5.1B | $6.0B | 19.4% | 1.8% |
| Gross Margin | 70.9% | 69.8% | 76.3% | 1.1pp | -5.4pp |
| Net Margin | 19.2% | -86.7% | 18.6% | 105.9pp | 0.6pp |
| EPS (Diluted) | $1.68 | $-7.33 | $1.35 | 122.9% | 24.4% |
| Free Cash Flow | $6.0B | -$6.1B | -$3.8B | 197.5% | 256.0% |
| Item | Amount |
|---|---|
| REVENUE | $24.0B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $17.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $381M |
| General & Administrative | $5.8B |
| SG&A Expenses | $6.2B |
| Other Expenses | $4.7B |
| Operating Expenses | $11.0B |
| Cost & Expenses | $17.9B |
| OPERATING INCOME | $6.1B |
| Interest Income | $16.3B |
| Interest Expense | $5.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.6B |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $926M |
| EBIT | $6.1B |
| EBITDA | $7.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $24.0B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $17.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $381M |
| General & Administrative | $5.8B |
| SG&A Expenses | $6.2B |
| Other Expenses | $4.7B |
| Operating Expenses | $11.0B |
| Cost & Expenses | $17.9B |
| OPERATING INCOME | $6.1B |
| Interest Income | $16.3B |
| Interest Expense | $5.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.6B |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $926M |
| EBIT | $6.1B |
| EBITDA | $7.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.6B |
| Depreciation & Amortization | $926M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.2B |
| Change in Working Capital | $2.6B |
| OPERATING CASH FLOW | $7.0B |
| Capital Expenditure | -$969M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41.0B |
| Sales/Maturities of Investments | $42.2B |
| Other Investing Activities | -$32.3B |
| NET CASH FROM INVESTING | -$32.1B |
| Net Debt Issuance | -$5.5B |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $56.4B |
| NET CASH FROM FINANCING | $47.4B |
| FREE CASH FLOW | $6.0B |
| Net Change in Cash | $22.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202.7B |
| Short-Term Investments | $277.2B |
| Net Receivables | $48.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $528.2B |
| PP&E (Net) | $0 |
| Goodwill | $22.7B |
| Intangible Assets | $5.0B |
| Long-Term Investments | $718.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $648.0B |
| TOTAL NON-CURRENT ASSETS | $1.4T |
| TOTAL ASSETS | $1.9T |
| Account Payables | $69.7B |
| Short-Term Debt | $207.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1T |
| TOTAL CURRENT LIABILITIES | $1.4T |
| Long-Term Debt | $237.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58.6B |
| TOTAL NON-CURRENT LIABILITIES | $296.5B |
| TOTAL LIABILITIES | $1.7T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.6B |
| Retained Earnings | $141.9B |
| Treasury Stock | -$32.1B |
| Accum. Other Comp. Income | -$34.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $201.9B |
| Minority Interest | $951M |
| TOTAL EQUITY | $202.9B |
| TOTAL LIABILITIES & EQUITY | $1.9T |
| Total Debt | $445.8B |
| Net Debt | $243.1B |
