| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27.9B | $26.1B | $25.4B | 7.0% | 9.9% |
| Op. Income | $8.3B | $8.7B | $7.6B | -3.9% | 10.1% |
| Gross Margin | 84.6% | 86.3% | 84.3% | -1.7pp | 0.3pp |
| Net Margin | 23.1% | 25.8% | 21.7% | -2.7pp | 1.4pp |
| EPS (Diluted) | $1.65 | $1.71 | $1.35 | -3.5% | 22.2% |
| Free Cash Flow | -$22.6B | $38.9B | -$21.4B | -158.0% | -5.5% |
| Item | Amount |
|---|---|
| REVENUE | $27.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $23.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $713M |
| General & Administrative | $8.3B |
| SG&A Expenses | $9.0B |
| Other Expenses | $6.3B |
| Operating Expenses | $15.3B |
| Cost & Expenses | $19.6B |
| OPERATING INCOME | $8.3B |
| Interest Income | $15.0B |
| Interest Expense | $3.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.3B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $6.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.0B |
| D&A | $1.5B |
| EBIT | $8.3B |
| EBITDA | $9.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $27.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $23.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $713M |
| General & Administrative | $8.3B |
| SG&A Expenses | $9.0B |
| Other Expenses | $6.3B |
| Operating Expenses | $15.3B |
| Cost & Expenses | $19.6B |
| OPERATING INCOME | $8.3B |
| Interest Income | $15.0B |
| Interest Expense | $3.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.3B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $6.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.0B |
| D&A | $1.5B |
| EBIT | $8.3B |
| EBITDA | $9.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $6.4B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $629M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$32.5B |
| OPERATING CASH FLOW | -$22.6B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20.4B |
| Sales/Maturities of Investments | $28.5B |
| Other Investing Activities | $39.1B |
| NET CASH FROM INVESTING | $47.1B |
| Net Debt Issuance | -$5.2B |
| Common Stock Repurchased | -$2.8B |
| Common Dividends Paid | -$2.0B |
| Other Financing Activities | $53.7B |
| NET CASH FROM FINANCING | $43.6B |
| FREE CASH FLOW | -$22.6B |
| Net Change in Cash | $70.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $460.4B |
| Short-Term Investments | $232.9B |
| Net Receivables | $60.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $753.4B |
| PP&E (Net) | $14.2B |
| Goodwill | $47.3B |
| Intangible Assets | $6.9B |
| Long-Term Investments | $914.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $810.4B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.5T |
| Account Payables | $183.2B |
| Short-Term Debt | $198.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $311.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $222.2B |
| TOTAL NON-CURRENT LIABILITIES | $533.7B |
| TOTAL LIABILITIES | $2.3T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $90.4B |
| Retained Earnings | $166.7B |
| Treasury Stock | -$30.4B |
| Accum. Other Comp. Income | -$923M |
| Other Equity | -$21M |
| TOTAL STOCKHOLDERS' EQUITY | $255.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $255.9B |
| TOTAL LIABILITIES & EQUITY | $2.5T |
| Total Debt | $509.7B |
| Net Debt | $49.3B |
