| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.1B | $12.8B | $12.1B | 1.8% | 7.7% |
| Op. Income | $3.8B | $3.3B | $2.8B | 13.7% | 38.1% |
| Gross Margin | 62.3% | 61.7% | 61.2% | 0.6pp | 1.1pp |
| Net Margin | 27.1% | 29.6% | 19.7% | -2.5pp | 7.4pp |
| EPS (Diluted) | $0.77 | $0.81 | $0.48 | -4.9% | 60.4% |
| Free Cash Flow | $3.6B | $3.9B | $2.9B | -8.6% | 21.9% |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.4B |
| General & Administrative | $211M |
| SG&A Expenses | $2.6B |
| Other Expenses | $112M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $3.8B |
| Interest Income | $344M |
| Interest Expense | $221M |
| Other Income/Expenses | $104M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $360M |
| Net Income from Continuing Ops | $3.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $465M |
| EBIT | $3.5B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.4B |
| General & Administrative | $211M |
| SG&A Expenses | $2.6B |
| Other Expenses | $112M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $3.8B |
| Interest Income | $344M |
| Interest Expense | $221M |
| Other Income/Expenses | $104M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $360M |
| Net Income from Continuing Ops | $3.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $465M |
| EBIT | $3.5B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.5B |
| Depreciation & Amortization | $465M |
| Stock-Based Compensation | $403M |
| Deferred Income Tax | -$72M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$597M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$212M |
| Acquisitions (Net) | -$2.0B |
| Purchases of Investments | -$513M |
| Sales/Maturities of Investments | $5.4B |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5.4B |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$6.9B |
| FREE CASH FLOW | $3.6B |
| Net Change in Cash | -$507M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.4B |
| Short-Term Investments | $34.2B |
| Net Receivables | $9.4B |
| Inventory | $1.6B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $55.7B |
| PP&E (Net) | $3.0B |
| Goodwill | $33.4B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $0 |
| Tax Assets | $4.0B |
| Other Non-Current Assets | $6.7B |
| TOTAL NON-CURRENT ASSETS | $49.7B |
| TOTAL ASSETS | $105.4B |
| Account Payables | $1.8B |
| Short-Term Debt | $7.2B |
| Deferred Revenue | $9.6B |
| Other Current Liabilities | $6.6B |
| TOTAL CURRENT LIABILITIES | $26.4B |
| Long-Term Debt | $18.3B |
| Deferred Revenue NC | $7.2B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.7B |
| TOTAL NON-CURRENT LIABILITIES | $35.2B |
| TOTAL LIABILITIES | $61.6B |
| Common Stock | $41.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $43.8B |
| TOTAL LIABILITIES & EQUITY | $105.4B |
| Total Debt | $25.6B |
| Net Debt | $17.2B |
