| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27.8B | $26.0B | $22.5B | 6.8% | 23.7% |
| Op. Income | $7.8B | $4.1B | $5.8B | 88.3% | 34.9% |
| Gross Margin | 59.9% | 60.1% | 61.3% | -0.3pp | -1.4pp |
| Net Margin | 24.2% | 13.5% | 22.5% | 10.7pp | 1.7pp |
| EPS (Diluted) | $0.48 | $0.25 | $0.36 | 92.0% | 33.3% |
| Free Cash Flow | $6.3B | $4.6B | $7.3B | 38.5% | -13.1% |
| Item | Amount |
|---|---|
| REVENUE | $27.8B |
| Cost of Revenue | $11.1B |
| GROSS PROFIT | $16.6B |
| R&D Expenses | $4.2B |
| Selling & Marketing | $3.0B |
| General & Administrative | $1.6B |
| SG&A Expenses | $4.6B |
| Other Expenses | $0 |
| Operating Expenses | $8.8B |
| Cost & Expenses | $20.0B |
| OPERATING INCOME | $7.8B |
| Interest Income | $306M |
| Interest Expense | $27M |
| Other Income/Expenses | $197M |
| INCOME BEFORE TAX | $8.0B |
| Income Tax Expense | $1.2B |
| 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 | $1.8B |
| EBIT | $8.0B |
| EBITDA | $9.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $27.8B |
| Cost of Revenue | $11.1B |
| GROSS PROFIT | $16.6B |
| R&D Expenses | $4.2B |
| Selling & Marketing | $3.0B |
| General & Administrative | $1.6B |
| SG&A Expenses | $4.6B |
| Other Expenses | $0 |
| Operating Expenses | $8.8B |
| Cost & Expenses | $20.0B |
| OPERATING INCOME | $7.8B |
| Interest Income | $306M |
| Interest Expense | $27M |
| Other Income/Expenses | $197M |
| INCOME BEFORE TAX | $8.0B |
| Income Tax Expense | $1.2B |
| 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 | $1.8B |
| EBIT | $8.0B |
| EBITDA | $9.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6.7B |
| Depreciation & Amortization | $1.8B |
| Stock-Based Compensation | $1.8B |
| Deferred Income Tax | -$296M |
| Other Non-Cash Items | $141M |
| Change in Working Capital | -$286M |
| OPERATING CASH FLOW | $9.9B |
| Capital Expenditure | -$3.5B |
| Acquisitions (Net) | -$130M |
| Purchases of Investments | -$39.2B |
| Sales/Maturities of Investments | $28.4B |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$14.4B |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0B |
| NET CASH FROM FINANCING | -$706M |
| FREE CASH FLOW | $6.3B |
| Net Change in Cash | -$5.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.6B |
| Short-Term Investments | $89.6B |
| Net Receivables | $15.6B |
| Inventory | $765M |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $119.3B |
| PP&E (Net) | $40.1B |
| Goodwill | $16.7B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $7.3B |
| Tax Assets | $505M |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $70.2B |
| TOTAL ASSETS | $189.5B |
| Account Payables | $2.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $12.5B |
| TOTAL CURRENT LIABILITIES | $20.7B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $346M |
| Deferred Tax Liabilities | $151M |
| Other Non-Current Liabilities | $7.3B |
| TOTAL NON-CURRENT LIABILITIES | $11.7B |
| TOTAL LIABILITIES | $32.4B |
| Common Stock | $39.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $118.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$746M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $157.1B |
| TOTAL LIABILITIES & EQUITY | $189.5B |
| Total Debt | $4.0B |
| Net Debt | -$6.6B |
