| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46.1B | $40.5B | $39.3B | 13.8% | 17.3% |
| Op. Income | $9.3B | $9.2B | $8.2B | 1.0% | 13.0% |
| Gross Margin | 54.4% | 56.6% | 54.4% | -2.2pp | -0.0pp |
| Net Margin | 23.2% | 17.5% | 22.8% | 5.7pp | 0.4pp |
| EPS (Diluted) | $0.77 | $0.51 | $0.64 | 51.0% | 20.3% |
| Free Cash Flow | $8.4B | $8.7B | $5.9B | -4.1% | 41.8% |
| Item | Amount |
|---|---|
| REVENUE | $46.1B |
| Cost of Revenue | $21.0B |
| GROSS PROFIT | $25.1B |
| R&D Expenses | $7.2B |
| Selling & Marketing | $5.7B |
| General & Administrative | $2.8B |
| SG&A Expenses | $8.6B |
| Other Expenses | $0 |
| Operating Expenses | $15.8B |
| Cost & Expenses | $36.8B |
| OPERATING INCOME | $9.3B |
| Interest Income | $621M |
| Interest Expense | $17M |
| Other Income/Expenses | $1.4B |
| INCOME BEFORE TAX | $10.7B |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $10.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10.7B |
| D&A | $3.4B |
| EBIT | $10.7B |
| EBITDA | $14.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $46.1B |
| Cost of Revenue | $21.0B |
| GROSS PROFIT | $25.1B |
| R&D Expenses | $7.2B |
| Selling & Marketing | $5.7B |
| General & Administrative | $2.8B |
| SG&A Expenses | $8.6B |
| Other Expenses | $0 |
| Operating Expenses | $15.8B |
| Cost & Expenses | $36.8B |
| OPERATING INCOME | $9.3B |
| Interest Income | $621M |
| Interest Expense | $17M |
| Other Income/Expenses | $1.4B |
| INCOME BEFORE TAX | $10.7B |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $10.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10.7B |
| D&A | $3.4B |
| EBIT | $10.7B |
| EBITDA | $14.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10.7B |
| Depreciation & Amortization | $3.4B |
| Stock-Based Compensation | $2.6B |
| Deferred Income Tax | -$208M |
| Other Non-Cash Items | -$872M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $14.4B |
| Capital Expenditure | -$6.1B |
| Acquisitions (Net) | -$2.1B |
| Purchases of Investments | -$19.8B |
| Sales/Maturities of Investments | $23.1B |
| Other Investing Activities | $121M |
| NET CASH FROM INVESTING | -$4.7B |
| Net Debt Issuance | -$47M |
| Common Stock Repurchased | -$6.1B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | -$7.3B |
| FREE CASH FLOW | $8.4B |
| Net Change in Cash | $2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.5B |
| Short-Term Investments | $101.2B |
| Net Receivables | $27.5B |
| Inventory | $999M |
| Other Current Assets | $4.4B |
| TOTAL CURRENT ASSETS | $152.6B |
| PP&E (Net) | $84.6B |
| Goodwill | $20.6B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $13.1B |
| Tax Assets | $721M |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $123.3B |
| TOTAL ASSETS | $275.9B |
| Account Payables | $5.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $27.8B |
| TOTAL CURRENT LIABILITIES | $45.2B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $358M |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $12.4B |
| TOTAL NON-CURRENT LIABILITIES | $29.2B |
| TOTAL LIABILITIES | $74.5B |
| Common Stock | $50.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $152.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $201.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $201.4B |
| TOTAL LIABILITIES & EQUITY | $275.9B |
| Total Debt | $16.0B |
| Net Debt | -$2.5B |
