| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.8B | $26.1B | $20.3B | -5.0% | 22.2% |
| Op. Income | $6.6B | $6.6B | $5.3B | -1.1% | 23.0% |
| Gross Margin | 60.4% | 59.1% | 62.2% | 1.3pp | -1.8pp |
| Net Margin | 21.9% | 20.5% | 20.8% | 1.5pp | 1.2pp |
| EPS (Diluted) | $0.39 | $0.38 | $0.30 | 2.6% | 30.0% |
| Free Cash Flow | $7.0B | $6.3B | $5.2B | 11.1% | 34.6% |
| Item | Amount |
|---|---|
| REVENUE | $24.8B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $15.0B |
| R&D Expenses | $3.9B |
| Selling & Marketing | $2.6B |
| General & Administrative | $1.8B |
| SG&A Expenses | $4.4B |
| Other Expenses | $0 |
| Operating Expenses | $8.4B |
| Cost & Expenses | $18.2B |
| OPERATING INCOME | $6.6B |
| Interest Income | $312M |
| Interest Expense | $25M |
| Other Income/Expenses | $251M |
| INCOME BEFORE TAX | $6.8B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $5.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.4B |
| D&A | $1.5B |
| EBIT | $6.8B |
| EBITDA | $8.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24.8B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $15.0B |
| R&D Expenses | $3.9B |
| Selling & Marketing | $2.6B |
| General & Administrative | $1.8B |
| SG&A Expenses | $4.4B |
| Other Expenses | $0 |
| Operating Expenses | $8.4B |
| Cost & Expenses | $18.2B |
| OPERATING INCOME | $6.6B |
| Interest Income | $312M |
| Interest Expense | $25M |
| Other Income/Expenses | $251M |
| INCOME BEFORE TAX | $6.8B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $5.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.4B |
| D&A | $1.5B |
| EBIT | $6.8B |
| EBITDA | $8.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5.4B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $2.0B |
| Deferred Income Tax | $613M |
| Other Non-Cash Items | $76M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $9.5B |
| Capital Expenditure | -$2.5B |
| Acquisitions (Net) | -$101M |
| Purchases of Investments | -$20.5B |
| Sales/Maturities of Investments | $19.4B |
| Other Investing Activities | $791M |
| NET CASH FROM INVESTING | -$2.9B |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0B |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $7.0B |
| Net Change in Cash | $5.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.1B |
| Short-Term Investments | $74.3B |
| Net Receivables | $13.0B |
| Inventory | $280M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $108.8B |
| PP&E (Net) | $35.9B |
| Goodwill | $16.5B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $6.1B |
| Tax Assets | $365M |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $64.0B |
| TOTAL ASSETS | $172.8B |
| Account Payables | $2.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $8.3B |
| TOTAL CURRENT LIABILITIES | $15.3B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $323M |
| Deferred Tax Liabilities | $604M |
| Other Non-Current Liabilities | $7.7B |
| TOTAL NON-CURRENT LIABILITIES | $12.6B |
| TOTAL LIABILITIES | $27.8B |
| Common Stock | $37.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $109.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $144.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $144.9B |
| TOTAL LIABILITIES & EQUITY | $172.8B |
| Total Debt | $3.9B |
| Net Debt | -$14.2B |
