| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33.7B | $32.7B | $27.8B | 3.3% | 21.5% |
| Op. Income | $8.6B | $3.0B | $7.8B | 183.3% | 10.8% |
| Gross Margin | 57.7% | 57.5% | 59.9% | 0.2pp | -2.2pp |
| Net Margin | 27.2% | 9.8% | 24.2% | 17.5pp | 3.0pp |
| EPS (Diluted) | $0.65 | $0.23 | $0.48 | 182.6% | 35.4% |
| Free Cash Flow | $7.9B | $4.7B | $6.3B | 70.3% | 25.2% |
| Item | Amount |
|---|---|
| REVENUE | $33.7B |
| Cost of Revenue | $14.3B |
| GROSS PROFIT | $19.5B |
| R&D Expenses | $5.2B |
| Selling & Marketing | $3.8B |
| General & Administrative | $1.8B |
| SG&A Expenses | $5.6B |
| Other Expenses | $0 |
| Operating Expenses | $10.8B |
| Cost & Expenses | $25.1B |
| OPERATING INCOME | $8.6B |
| Interest Income | $481M |
| Interest Expense | $28M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $10.1B |
| Income Tax Expense | $891M |
| Net Income from Continuing Ops | $9.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.2B |
| D&A | $2.4B |
| EBIT | $10.1B |
| EBITDA | $12.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $33.7B |
| Cost of Revenue | $14.3B |
| GROSS PROFIT | $19.5B |
| R&D Expenses | $5.2B |
| Selling & Marketing | $3.8B |
| General & Administrative | $1.8B |
| SG&A Expenses | $5.6B |
| Other Expenses | $0 |
| Operating Expenses | $10.8B |
| Cost & Expenses | $25.1B |
| OPERATING INCOME | $8.6B |
| Interest Income | $481M |
| Interest Expense | $28M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $10.1B |
| Income Tax Expense | $891M |
| Net Income from Continuing Ops | $9.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.2B |
| D&A | $2.4B |
| EBIT | $10.1B |
| EBITDA | $12.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9.2B |
| Depreciation & Amortization | $2.4B |
| Stock-Based Compensation | $2.2B |
| Deferred Income Tax | $880M |
| Other Non-Cash Items | -$1.3B |
| Change in Working Capital | -$132M |
| OPERATING CASH FLOW | $13.2B |
| Capital Expenditure | -$5.3B |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | -$14.7B |
| Sales/Maturities of Investments | $9.6B |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$10.4B |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$2.2B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.3B |
| NET CASH FROM FINANCING | -$3.5B |
| FREE CASH FLOW | $7.9B |
| Net Change in Cash | -$705M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.4B |
| Short-Term Investments | $93.0B |
| Net Receivables | $18.1B |
| Inventory | $1.2B |
| Other Current Assets | $4.0B |
| TOTAL CURRENT ASSETS | $129.7B |
| PP&E (Net) | $55.3B |
| Goodwill | $17.9B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $12.7B |
| Tax Assets | $682M |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $91.8B |
| TOTAL ASSETS | $221.5B |
| Account Payables | $3.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $19.8B |
| TOTAL CURRENT LIABILITIES | $31.3B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $317M |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $14.8B |
| TOTAL NON-CURRENT LIABILITIES | $20.4B |
| TOTAL LIABILITIES | $51.7B |
| Common Stock | $43.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $128.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $169.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $169.8B |
| TOTAL LIABILITIES & EQUITY | $221.5B |
| Total Debt | $4.0B |
| Net Debt | -$9.5B |
