| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40.5B | $38.9B | $33.7B | 4.0% | 20.0% |
| Op. Income | $9.2B | $9.2B | $8.6B | -0.0% | 6.4% |
| Gross Margin | 56.6% | 55.6% | 57.7% | 1.0pp | -1.1pp |
| Net Margin | 17.5% | 25.5% | 27.2% | -8.1pp | -9.8pp |
| EPS (Diluted) | $0.51 | $0.71 | $0.65 | -28.2% | -21.5% |
| Free Cash Flow | $8.7B | $6.5B | $7.9B | 34.3% | 10.2% |
| Item | Amount |
|---|---|
| REVENUE | $40.5B |
| Cost of Revenue | $17.6B |
| GROSS PROFIT | $22.9B |
| R&D Expenses | $6.6B |
| Selling & Marketing | $4.6B |
| General & Administrative | $2.6B |
| SG&A Expenses | $7.2B |
| Other Expenses | $0 |
| Operating Expenses | $13.8B |
| Cost & Expenses | $31.3B |
| OPERATING INCOME | $9.2B |
| Interest Income | $631M |
| Interest Expense | $23M |
| Other Income/Expenses | -$549M |
| INCOME BEFORE TAX | $8.6B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $7.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.1B |
| D&A | $2.9B |
| EBIT | $8.7B |
| EBITDA | $11.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $40.5B |
| Cost of Revenue | $17.6B |
| GROSS PROFIT | $22.9B |
| R&D Expenses | $6.6B |
| Selling & Marketing | $4.6B |
| General & Administrative | $2.6B |
| SG&A Expenses | $7.2B |
| Other Expenses | $0 |
| Operating Expenses | $13.8B |
| Cost & Expenses | $31.3B |
| OPERATING INCOME | $9.2B |
| Interest Income | $631M |
| Interest Expense | $23M |
| Other Income/Expenses | -$549M |
| INCOME BEFORE TAX | $8.6B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $7.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.1B |
| D&A | $2.9B |
| EBIT | $8.7B |
| EBITDA | $11.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7.1B |
| Depreciation & Amortization | $2.9B |
| Stock-Based Compensation | $2.6B |
| Deferred Income Tax | -$239M |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | $1.7B |
| OPERATING CASH FLOW | $15.5B |
| Capital Expenditure | -$6.7B |
| Acquisitions (Net) | -$126M |
| Purchases of Investments | -$36.6B |
| Sales/Maturities of Investments | $34.2B |
| Other Investing Activities | $379M |
| NET CASH FROM INVESTING | -$8.9B |
| Net Debt Issuance | -$145M |
| Common Stock Repurchased | -$5.7B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$7.0B |
| FREE CASH FLOW | $8.7B |
| Net Change in Cash | -$555M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.0B |
| Short-Term Investments | $105.1B |
| Net Receivables | $21.1B |
| Inventory | $1.4B |
| Other Current Assets | $4.7B |
| TOTAL CURRENT ASSETS | $148.4B |
| PP&E (Net) | $79.6B |
| Goodwill | $18.1B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $12.5B |
| Tax Assets | $564M |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $114.7B |
| TOTAL ASSETS | $263.0B |
| Account Payables | $4.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $25.9B |
| TOTAL CURRENT LIABILITIES | $39.2B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $364M |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $13.0B |
| TOTAL NON-CURRENT LIABILITIES | $28.9B |
| TOTAL LIABILITIES | $68.1B |
| Common Stock | $49.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $147.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $195.0B |
| TOTAL LIABILITIES & EQUITY | $263.0B |
| Total Debt | $13.7B |
| Net Debt | -$2.3B |
