| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.9B | $24.0B | $24.0B | 8.0% | 7.7% |
| Op. Income | $6.0B | $5.3B | $6.1B | 13.3% | -1.3% |
| Gross Margin | 64.1% | 63.5% | 70.9% | 0.6pp | -6.8pp |
| Net Margin | 18.2% | 18.0% | 19.2% | 0.2pp | -1.0pp |
| EPS (Diluted) | $1.87 | $1.64 | $1.68 | 14.0% | 11.3% |
| Free Cash Flow | -$38.1B | $5.8B | $6.0B | -758.2% | -736.9% |
| Item | Amount |
|---|---|
| REVENUE | $25.9B |
| Cost of Revenue | $9.3B |
| GROSS PROFIT | $16.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $359M |
| General & Administrative | $5.7B |
| SG&A Expenses | $6.0B |
| Other Expenses | $4.6B |
| Operating Expenses | $10.6B |
| Cost & Expenses | $19.9B |
| OPERATING INCOME | $6.0B |
| Interest Income | $19.1B |
| Interest Expense | $7.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $931M |
| EBIT | $6.0B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $25.9B |
| Cost of Revenue | $9.3B |
| GROSS PROFIT | $16.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $359M |
| General & Administrative | $5.7B |
| SG&A Expenses | $6.0B |
| Other Expenses | $4.6B |
| Operating Expenses | $10.6B |
| Cost & Expenses | $19.9B |
| OPERATING INCOME | $6.0B |
| Interest Income | $19.1B |
| Interest Expense | $7.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $931M |
| EBIT | $6.0B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.7B |
| Depreciation & Amortization | $931M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5.0B |
| Change in Working Capital | -$48.2B |
| OPERATING CASH FLOW | -$37.6B |
| Capital Expenditure | -$518M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$69.7B |
| Sales/Maturities of Investments | $78.8B |
| Other Investing Activities | $7.4B |
| NET CASH FROM INVESTING | $16.0B |
| Net Debt Issuance | $16.0B |
| Common Stock Repurchased | -$4.5B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $29.4B |
| NET CASH FROM FINANCING | $39.5B |
| FREE CASH FLOW | -$38.1B |
| Net Change in Cash | $17.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205.9B |
| Short-Term Investments | $262.0B |
| Net Receivables | $46.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $513.9B |
| PP&E (Net) | $0 |
| Goodwill | $22.0B |
| Intangible Assets | $5.2B |
| Long-Term Investments | $741.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $675.6B |
| TOTAL NON-CURRENT ASSETS | $1.4T |
| TOTAL ASSETS | $2.0T |
| Account Payables | $62.7B |
| Short-Term Debt | $229.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2T |
| TOTAL CURRENT LIABILITIES | $1.5T |
| Long-Term Debt | $243.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58.7B |
| TOTAL NON-CURRENT LIABILITIES | $302.3B |
| TOTAL LIABILITIES | $1.8T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.6B |
| Retained Earnings | $154.9B |
| Treasury Stock | -$47.9B |
| Accum. Other Comp. Income | -$36.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $196.3B |
| Minority Interest | $763M |
| TOTAL EQUITY | $197.0B |
| TOTAL LIABILITIES & EQUITY | $2.0T |
| Total Debt | $473.3B |
| Net Debt | $267.4B |
