| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.9B | $17.7B | $17.9B | 24.1% | 22.9% |
| Op. Income | $331M | $179M | -$151M | 84.9% | 319.2% |
| Gross Margin | 14.7% | 15.0% | 13.5% | -0.3pp | 1.2pp |
| Net Margin | 0.4% | 6.0% | -1.8% | -5.6pp | 2.2pp |
| EPS (Diluted) | $0.06 | $0.72 | $-0.22 | -91.5% | 127.3% |
| Free Cash Flow | $2.7B | $343M | $1.7B | 696.2% | 60.4% |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $18.7B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $544M |
| Selling & Marketing | $821M |
| General & Administrative | $198M |
| SG&A Expenses | $1.0B |
| Other Expenses | $1.3B |
| Operating Expenses | $2.9B |
| Cost & Expenses | $21.6B |
| OPERATING INCOME | $331M |
| Interest Income | $55M |
| Interest Expense | $23M |
| Other Income/Expenses | -$187M |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $22M |
| EBIT | $166M |
| EBITDA | $188M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $18.7B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $544M |
| Selling & Marketing | $821M |
| General & Administrative | $198M |
| SG&A Expenses | $1.0B |
| Other Expenses | $1.3B |
| Operating Expenses | $2.9B |
| Cost & Expenses | $21.6B |
| OPERATING INCOME | $331M |
| Interest Income | $55M |
| Interest Expense | $23M |
| Other Income/Expenses | -$187M |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $22M |
| EBIT | $166M |
| EBITDA | $188M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $149M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.9B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$216M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.9B |
| NET CASH FROM INVESTING | -$3.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$66M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $3.6B |
| Net Receivables | $2.0B |
| Inventory | $6.6B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $18.6B |
| PP&E (Net) | $4.6B |
| Goodwill | $970M |
| Intangible Assets | $2.1B |
| Long-Term Investments | $8.1B |
| Tax Assets | $13M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $17.2B |
| TOTAL ASSETS | $35.9B |
| Account Payables | $13.6B |
| Short-Term Debt | $20M |
| Deferred Revenue | $2.6B |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $20.5B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $517M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $23.0B |
| Common Stock | $10.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $2.7B |
| TOTAL EQUITY | $12.9B |
| TOTAL LIABILITIES & EQUITY | $35.9B |
| Total Debt | $2.5B |
| Net Debt | -$2.3B |
