| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.8B | $24.4B | $22.8B | 1.7% | 8.6% |
| Op. Income | $6.1B | $5.9B | $6.0B | 2.7% | 1.7% |
| Gross Margin | 66.4% | 68.5% | 72.1% | -2.1pp | -5.7pp |
| Net Margin | 18.7% | 18.4% | 18.1% | 0.2pp | 0.5pp |
| EPS (Diluted) | $1.73 | $1.63 | $1.42 | 6.1% | 21.8% |
| Free Cash Flow | $20.8B | $642M | $17.4B | 3132.9% | 19.6% |
| Item | Amount |
|---|---|
| REVENUE | $24.8B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $16.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $378M |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.7B |
| Other Expenses | $4.6B |
| Operating Expenses | $10.3B |
| Cost & Expenses | $18.7B |
| OPERATING INCOME | $6.1B |
| Interest Income | $18.2B |
| Interest Expense | $6.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $4.6B |
| Net Income from Discontinued Ops | -$8M |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $945M |
| EBIT | $6.1B |
| EBITDA | $7.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $24.8B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $16.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $378M |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.7B |
| Other Expenses | $4.6B |
| Operating Expenses | $10.3B |
| Cost & Expenses | $18.7B |
| OPERATING INCOME | $6.1B |
| Interest Income | $18.2B |
| Interest Expense | $6.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $4.6B |
| Net Income from Discontinued Ops | -$8M |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $945M |
| EBIT | $6.1B |
| EBITDA | $7.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.6B |
| Depreciation & Amortization | $945M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | $14.8B |
| OPERATING CASH FLOW | $21.7B |
| Capital Expenditure | -$992M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30.7B |
| Sales/Maturities of Investments | $32.0B |
| Other Investing Activities | -$20.2B |
| NET CASH FROM INVESTING | -$19.9B |
| Net Debt Issuance | -$3.3B |
| Common Stock Repurchased | -$5.2B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $6.5B |
| NET CASH FROM FINANCING | -$3.3B |
| FREE CASH FLOW | $20.8B |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199.3B |
| Short-Term Investments | $276.9B |
| Net Receivables | $42.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $518.5B |
| PP&E (Net) | $0 |
| Goodwill | $22.2B |
| Intangible Assets | $5.2B |
| Long-Term Investments | $720.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $658.6B |
| TOTAL NON-CURRENT ASSETS | $1.4T |
| TOTAL ASSETS | $1.9T |
| Account Payables | $73.3B |
| Short-Term Debt | $209.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2T |
| TOTAL CURRENT LIABILITIES | $1.4T |
| Long-Term Debt | $235.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $56.2B |
| TOTAL NON-CURRENT LIABILITIES | $291.4B |
| TOTAL LIABILITIES | $1.7T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.8B |
| Retained Earnings | $148.4B |
| Treasury Stock | -$39.7B |
| Accum. Other Comp. Income | -$38.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $197.0B |
| Minority Interest | $859M |
| TOTAL EQUITY | $197.9B |
| TOTAL LIABILITIES & EQUITY | $1.9T |
| Total Debt | $445.0B |
| Net Debt | $245.7B |
