| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36.3B | $39.3B | $31.1B | -7.5% | 16.7% |
| Op. Income | $6.6B | $8.2B | $7.6B | -19.4% | -13.4% |
| Gross Margin | 55.9% | 54.4% | 56.8% | 1.6pp | -0.8pp |
| Net Margin | 18.3% | 22.8% | 30.2% | -4.5pp | -11.9pp |
| EPS (Diluted) | $0.48 | $0.64 | $0.67 | -25.0% | -28.4% |
| Free Cash Flow | $7.4B | $5.9B | $4.3B | 24.7% | 69.5% |
| Item | Amount |
|---|---|
| REVENUE | $36.3B |
| Cost of Revenue | $16.0B |
| GROSS PROFIT | $20.3B |
| R&D Expenses | $6.0B |
| Selling & Marketing | $3.9B |
| General & Administrative | $2.1B |
| SG&A Expenses | $6.0B |
| Other Expenses | $1.7B |
| Operating Expenses | $13.7B |
| Cost & Expenses | $29.7B |
| OPERATING INCOME | $6.6B |
| Interest Income | $522M |
| Interest Expense | $35M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $6.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.7B |
| D&A | $2.6B |
| EBIT | $8.2B |
| EBITDA | $10.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36.3B |
| Cost of Revenue | $16.0B |
| GROSS PROFIT | $20.3B |
| R&D Expenses | $6.0B |
| Selling & Marketing | $3.9B |
| General & Administrative | $2.1B |
| SG&A Expenses | $6.0B |
| Other Expenses | $1.7B |
| Operating Expenses | $13.7B |
| Cost & Expenses | $29.7B |
| OPERATING INCOME | $6.6B |
| Interest Income | $522M |
| Interest Expense | $35M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $6.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.7B |
| D&A | $2.6B |
| EBIT | $8.2B |
| EBITDA | $10.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6.7B |
| Depreciation & Amortization | $2.6B |
| Stock-Based Compensation | $2.8B |
| Deferred Income Tax | -$73M |
| Other Non-Cash Items | -$1.1B |
| Change in Working Capital | $1.1B |
| OPERATING CASH FLOW | $12.0B |
| Capital Expenditure | -$4.6B |
| Acquisitions (Net) | -$99M |
| Purchases of Investments | -$21.8B |
| Sales/Maturities of Investments | $21.1B |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | -$5.4B |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$4.2B |
| FREE CASH FLOW | $7.4B |
| Net Change in Cash | $2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.1B |
| Short-Term Investments | $94.3B |
| Net Receivables | $19.3B |
| Inventory | $1.1B |
| Other Current Assets | $4.4B |
| TOTAL CURRENT ASSETS | $138.2B |
| PP&E (Net) | $69.4B |
| Goodwill | $17.9B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $14.5B |
| Tax Assets | $750M |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $107.1B |
| TOTAL ASSETS | $245.3B |
| Account Payables | $3.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $23.7B |
| TOTAL CURRENT LIABILITIES | $34.9B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $391M |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $13.0B |
| TOTAL NON-CURRENT LIABILITIES | $27.0B |
| TOTAL LIABILITIES | $61.9B |
| Common Stock | $46.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $138.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $183.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $183.5B |
| TOTAL LIABILITIES & EQUITY | $245.3B |
| Total Debt | $12.3B |
| Net Debt | -$6.9B |
