| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41.2B | $46.1B | $36.3B | -10.7% | 13.3% |
| Op. Income | $8.0B | $9.3B | $6.6B | -13.9% | 20.7% |
| Gross Margin | 53.9% | 54.4% | 55.9% | -0.5pp | -2.1pp |
| Net Margin | 16.6% | 23.2% | 18.3% | -6.6pp | -1.7pp |
| EPS (Diluted) | $0.49 | $0.77 | $0.48 | -36.4% | 2.1% |
| Free Cash Flow | $5.4B | $8.4B | $7.4B | -35.0% | -26.0% |
| Item | Amount |
|---|---|
| REVENUE | $41.2B |
| Cost of Revenue | $19.0B |
| GROSS PROFIT | $22.2B |
| R&D Expenses | $6.8B |
| Selling & Marketing | $4.5B |
| General & Administrative | $2.9B |
| SG&A Expenses | $7.4B |
| Other Expenses | $0 |
| Operating Expenses | $14.2B |
| Cost & Expenses | $33.2B |
| OPERATING INCOME | $8.0B |
| Interest Income | $586M |
| Interest Expense | $21M |
| Other Income/Expenses | -$220M |
| INCOME BEFORE TAX | $7.8B |
| Income Tax Expense | $921M |
| Net Income from Continuing Ops | $6.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.8B |
| D&A | $3.1B |
| EBIT | $7.8B |
| EBITDA | $10.9B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41.2B |
| Cost of Revenue | $19.0B |
| GROSS PROFIT | $22.2B |
| R&D Expenses | $6.8B |
| Selling & Marketing | $4.5B |
| General & Administrative | $2.9B |
| SG&A Expenses | $7.4B |
| Other Expenses | $0 |
| Operating Expenses | $14.2B |
| Cost & Expenses | $33.2B |
| OPERATING INCOME | $8.0B |
| Interest Income | $586M |
| Interest Expense | $21M |
| Other Income/Expenses | -$220M |
| INCOME BEFORE TAX | $7.8B |
| Income Tax Expense | $921M |
| Net Income from Continuing Ops | $6.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.8B |
| D&A | $3.1B |
| EBIT | $7.8B |
| EBITDA | $10.9B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6.8B |
| Depreciation & Amortization | $3.1B |
| Stock-Based Compensation | $3.2B |
| Deferred Income Tax | $175M |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | -$3.0B |
| OPERATING CASH FLOW | $11.5B |
| Capital Expenditure | -$6.0B |
| Acquisitions (Net) | -$190M |
| Purchases of Investments | -$38.1B |
| Sales/Maturities of Investments | $42.1B |
| Other Investing Activities | $412M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$49M |
| Common Stock Repurchased | -$8.5B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $359M |
| NET CASH FROM FINANCING | -$8.2B |
| FREE CASH FLOW | $5.4B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.6B |
| Short-Term Investments | $97.6B |
| Net Receivables | $23.7B |
| Inventory | $889M |
| Other Current Assets | $5.2B |
| TOTAL CURRENT ASSETS | $147.0B |
| PP&E (Net) | $88.0B |
| Goodwill | $20.7B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $12.4B |
| Tax Assets | $730M |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $126.4B |
| TOTAL ASSETS | $273.4B |
| Account Payables | $4.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $26.3B |
| TOTAL CURRENT LIABILITIES | $40.2B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $350M |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $11.6B |
| TOTAL NON-CURRENT LIABILITIES | $29.6B |
| TOTAL LIABILITIES | $69.7B |
| Common Stock | $53.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $151.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $203.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $203.7B |
| TOTAL LIABILITIES & EQUITY | $273.4B |
| Total Debt | $16.8B |
| Net Debt | -$2.8B |
