| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38.3B | $41.2B | $38.9B | -7.0% | -1.7% |
| Op. Income | $6.4B | $8.0B | $9.2B | -20.0% | -30.5% |
| Gross Margin | 51.6% | 53.9% | 55.6% | -2.3pp | -4.0pp |
| Net Margin | 18.2% | 16.6% | 25.5% | 1.6pp | -7.4pp |
| EPS (Diluted) | $0.51 | $0.49 | $0.71 | 4.1% | -28.2% |
| Free Cash Flow | $8.6B | $5.4B | $6.5B | 58.0% | 32.3% |
| Item | Amount |
|---|---|
| REVENUE | $38.3B |
| Cost of Revenue | $18.6B |
| GROSS PROFIT | $19.7B |
| R&D Expenses | $6.9B |
| Selling & Marketing | $3.9B |
| General & Administrative | $2.6B |
| SG&A Expenses | $6.5B |
| Other Expenses | $0 |
| Operating Expenses | $13.4B |
| Cost & Expenses | $31.9B |
| OPERATING INCOME | $6.4B |
| Interest Income | $433M |
| Interest Expense | $13M |
| Other Income/Expenses | $1.9B |
| INCOME BEFORE TAX | $8.3B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $7.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.0B |
| D&A | $3.4B |
| EBIT | $8.3B |
| EBITDA | $11.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $38.3B |
| Cost of Revenue | $18.6B |
| GROSS PROFIT | $19.7B |
| R&D Expenses | $6.9B |
| Selling & Marketing | $3.9B |
| General & Administrative | $2.6B |
| SG&A Expenses | $6.5B |
| Other Expenses | $0 |
| Operating Expenses | $13.4B |
| Cost & Expenses | $31.9B |
| OPERATING INCOME | $6.4B |
| Interest Income | $433M |
| Interest Expense | $13M |
| Other Income/Expenses | $1.9B |
| INCOME BEFORE TAX | $8.3B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $7.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.0B |
| D&A | $3.4B |
| EBIT | $8.3B |
| EBITDA | $11.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7.0B |
| Depreciation & Amortization | $3.4B |
| Stock-Based Compensation | $3.4B |
| Deferred Income Tax | -$591M |
| Other Non-Cash Items | -$1.5B |
| Change in Working Capital | $2.3B |
| OPERATING CASH FLOW | $14.0B |
| Capital Expenditure | -$5.4B |
| Acquisitions (Net) | -$165M |
| Purchases of Investments | -$27.3B |
| Sales/Maturities of Investments | $24.3B |
| Other Investing Activities | $119M |
| NET CASH FROM INVESTING | -$8.4B |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | -$6.9B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$611M |
| NET CASH FROM FINANCING | -$7.5B |
| FREE CASH FLOW | $8.6B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.7B |
| Short-Term Investments | $103.3B |
| Net Receivables | $21.6B |
| Inventory | $815M |
| Other Current Assets | $5.6B |
| TOTAL CURRENT ASSETS | $149.1B |
| PP&E (Net) | $90.3B |
| Goodwill | $20.8B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $13.0B |
| Tax Assets | $895M |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $129.4B |
| TOTAL ASSETS | $278.5B |
| Account Payables | $4.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.1B |
| Other Current Liabilities | $16.6B |
| TOTAL CURRENT LIABILITIES | $43.7B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $397M |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $10.6B |
| TOTAL NON-CURRENT LIABILITIES | $27.5B |
| TOTAL LIABILITIES | $71.2B |
| Common Stock | $55.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $151.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$296M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $207.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $207.3B |
| TOTAL LIABILITIES & EQUITY | $278.5B |
| Total Debt | $16.1B |
| Net Debt | -$1.6B |
