| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.0B | $13.2B | $12.4B | -8.8% | -3.5% |
| Op. Income | $3.4B | $3.6B | $3.2B | -5.6% | 5.3% |
| Gross Margin | 64.7% | 64.3% | 62.5% | 0.4pp | 2.2pp |
| Net Margin | 24.0% | 22.2% | 22.7% | 1.7pp | 1.3pp |
| EPS (Diluted) | $0.68 | $0.68 | $0.63 | 0.0% | 7.9% |
| Free Cash Flow | $3.6B | $3.4B | $3.5B | 6.7% | 2.1% |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $455M |
| SG&A Expenses | $2.7B |
| Other Expenses | $80M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $3.4B |
| Interest Income | $242M |
| Interest Expense | $158M |
| Other Income/Expenses | $154M |
| INCOME BEFORE TAX | $3.5B |
| Income Tax Expense | $656M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $457M |
| EBIT | $3.7B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $455M |
| SG&A Expenses | $2.7B |
| Other Expenses | $80M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $3.4B |
| Interest Income | $242M |
| Interest Expense | $158M |
| Other Income/Expenses | $154M |
| INCOME BEFORE TAX | $3.5B |
| Income Tax Expense | $656M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $457M |
| EBIT | $3.7B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $457M |
| Stock-Based Compensation | $384M |
| Deferred Income Tax | $47M |
| Other Non-Cash Items | -$158M |
| Change in Working Capital | $192M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$189M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.3B |
| Sales/Maturities of Investments | $3.2B |
| Other Investing Activities | $117M |
| NET CASH FROM INVESTING | $843M |
| Net Debt Issuance | -$2.5B |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$4.8B |
| FREE CASH FLOW | $3.6B |
| Net Change in Cash | -$114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.5B |
| Short-Term Investments | $18.6B |
| Net Receivables | $9.2B |
| Inventory | $1.4B |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $40.1B |
| PP&E (Net) | $2.6B |
| Goodwill | $33.6B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $3.9B |
| Other Non-Current Assets | $8.3B |
| TOTAL NON-CURRENT ASSETS | $50.4B |
| TOTAL ASSETS | $90.4B |
| Account Payables | $1.9B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $10.6B |
| Other Current Liabilities | $7.2B |
| TOTAL CURRENT LIABILITIES | $22.1B |
| Long-Term Debt | $14.5B |
| Deferred Revenue NC | $8.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.3B |
| TOTAL NON-CURRENT LIABILITIES | $32.8B |
| TOTAL LIABILITIES | $54.9B |
| Common Stock | $40.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$4.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$700M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $35.5B |
| TOTAL LIABILITIES & EQUITY | $90.4B |
| Total Debt | $16.0B |
| Net Debt | $7.5B |
