| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39.3B | $33.7B | $32.3B | 16.4% | 21.5% |
| Op. Income | $8.2B | $8.6B | $7.7B | -4.9% | 7.0% |
| Gross Margin | 54.4% | 57.7% | 55.9% | -3.3pp | -1.5pp |
| Net Margin | 22.8% | 27.2% | -9.3% | -4.5pp | 32.1pp |
| EPS (Diluted) | $0.64 | $0.65 | $-0.22 | -1.5% | 390.9% |
| Free Cash Flow | $5.9B | $7.9B | $6.0B | -25.5% | -0.9% |
| Item | Amount |
|---|---|
| REVENUE | $39.3B |
| Cost of Revenue | $17.9B |
| GROSS PROFIT | $21.4B |
| R&D Expenses | $6.0B |
| Selling & Marketing | $5.1B |
| General & Administrative | $2.0B |
| SG&A Expenses | $7.1B |
| Other Expenses | $0 |
| Operating Expenses | $13.2B |
| Cost & Expenses | $31.1B |
| OPERATING INCOME | $8.2B |
| Interest Income | $542M |
| Interest Expense | $29M |
| Other Income/Expenses | $1.9B |
| INCOME BEFORE TAX | $10.1B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $8.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.9B |
| D&A | $2.6B |
| EBIT | $10.1B |
| EBITDA | $12.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $39.3B |
| Cost of Revenue | $17.9B |
| GROSS PROFIT | $21.4B |
| R&D Expenses | $6.0B |
| Selling & Marketing | $5.1B |
| General & Administrative | $2.0B |
| SG&A Expenses | $7.1B |
| Other Expenses | $0 |
| Operating Expenses | $13.2B |
| Cost & Expenses | $31.1B |
| OPERATING INCOME | $8.2B |
| Interest Income | $542M |
| Interest Expense | $29M |
| Other Income/Expenses | $1.9B |
| INCOME BEFORE TAX | $10.1B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $8.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.9B |
| D&A | $2.6B |
| EBIT | $10.1B |
| EBITDA | $12.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8.9B |
| Depreciation & Amortization | $2.6B |
| Stock-Based Compensation | $2.3B |
| Deferred Income Tax | $55M |
| Other Non-Cash Items | -$1.3B |
| Change in Working Capital | $495M |
| OPERATING CASH FLOW | $13.0B |
| Capital Expenditure | -$7.1B |
| Acquisitions (Net) | -$39M |
| Purchases of Investments | -$13.8B |
| Sales/Maturities of Investments | $14.0B |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | -$6.9B |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$2.6B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0B |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $5.9B |
| Net Change in Cash | $3.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.7B |
| Short-Term Investments | $92.4B |
| Net Receivables | $21.2B |
| Inventory | $1.1B |
| Other Current Assets | $4.2B |
| TOTAL CURRENT ASSETS | $135.7B |
| PP&E (Net) | $59.7B |
| Goodwill | $17.9B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $13.9B |
| Tax Assets | $737M |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $97.1B |
| TOTAL ASSETS | $232.8B |
| Account Payables | $4.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $21.6B |
| TOTAL CURRENT LIABILITIES | $34.6B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $396M |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $14.9B |
| TOTAL NON-CURRENT LIABILITIES | $20.5B |
| TOTAL LIABILITIES | $55.2B |
| Common Stock | $45.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $134.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $177.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $177.6B |
| TOTAL LIABILITIES & EQUITY | $232.8B |
| Total Debt | $4.0B |
| Net Debt | -$12.7B |
