| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.5B | $25.9B | $24.4B | 2.4% | 8.9% |
| Op. Income | $6.2B | $6.0B | $5.9B | 2.5% | 3.7% |
| Gross Margin | 62.9% | 64.1% | 68.5% | -1.2pp | -5.6pp |
| Net Margin | 18.1% | 18.2% | 18.4% | -0.1pp | -0.3pp |
| EPS (Diluted) | $1.95 | $1.87 | $1.63 | 4.3% | 19.6% |
| Free Cash Flow | -$3.0B | -$38.1B | $642M | 92.2% | -562.8% |
| Item | Amount |
|---|---|
| REVENUE | $26.5B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $16.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $434M |
| General & Administrative | $5.4B |
| SG&A Expenses | $5.8B |
| Other Expenses | $4.7B |
| Operating Expenses | $10.5B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $6.2B |
| Interest Income | $19.7B |
| Interest Expense | $7.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.2B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $17M |
| Other Adjustments | $0 |
| NET INCOME | $4.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $952M |
| EBIT | $6.2B |
| EBITDA | $7.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $26.5B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $16.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $434M |
| General & Administrative | $5.4B |
| SG&A Expenses | $5.8B |
| Other Expenses | $4.7B |
| Operating Expenses | $10.5B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $6.2B |
| Interest Income | $19.7B |
| Interest Expense | $7.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.2B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $17M |
| Other Adjustments | $0 |
| NET INCOME | $4.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $952M |
| EBIT | $6.2B |
| EBITDA | $7.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.8B |
| Depreciation & Amortization | $952M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11.9B |
| Change in Working Capital | -$17.8B |
| OPERATING CASH FLOW | -$140M |
| Capital Expenditure | -$2.8B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$48.5B |
| Sales/Maturities of Investments | $42.5B |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | -$10.7B |
| Net Debt Issuance | $7.6B |
| Common Stock Repurchased | -$3.5B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $6.0B |
| NET CASH FROM FINANCING | $8.8B |
| FREE CASH FLOW | -$3.0B |
| Net Change in Cash | -$2.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203.2B |
| Short-Term Investments | $262.9B |
| Net Receivables | $51.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $517.7B |
| PP&E (Net) | $0 |
| Goodwill | $22.1B |
| Intangible Assets | $5.0B |
| Long-Term Investments | $749.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $694.0B |
| TOTAL NON-CURRENT ASSETS | $1.5T |
| TOTAL ASSETS | $2.0T |
| Account Payables | $69.8B |
| Short-Term Debt | $223.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2T |
| TOTAL CURRENT LIABILITIES | $1.5T |
| Long-Term Debt | $252.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62.6B |
| TOTAL NON-CURRENT LIABILITIES | $314.8B |
| TOTAL LIABILITIES | $1.8T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.7B |
| Retained Earnings | $158.3B |
| Treasury Stock | -$51.4B |
| Accum. Other Comp. Income | -$35.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $197.4B |
| Minority Interest | $751M |
| TOTAL EQUITY | $198.1B |
| TOTAL LIABILITIES & EQUITY | $2.0T |
| Total Debt | $475.8B |
| Net Debt | $272.5B |
