| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36.1B | $32.8B | $32.3B | 10.0% | 11.7% |
| Op. Income | $11.2B | $8.8B | $10.7B | 27.1% | 5.4% |
| Gross Margin | 76.6% | 74.9% | 82.8% | 1.7pp | -6.2pp |
| Net Margin | 25.5% | 21.5% | 27.0% | 3.9pp | -1.5pp |
| EPS (Diluted) | $2.64 | $1.98 | $2.37 | 33.3% | 11.4% |
| Free Cash Flow | -$80.9B | $422M | -$35.1B | -19265.9% | -130.4% |
| Item | Amount |
|---|---|
| REVENUE | $36.1B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $27.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $879M |
| General & Administrative | $8.9B |
| SG&A Expenses | $9.8B |
| Other Expenses | $6.6B |
| Operating Expenses | $16.4B |
| Cost & Expenses | $24.8B |
| OPERATING INCOME | $11.2B |
| Interest Income | $21.4B |
| Interest Expense | $6.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11.2B |
| Income Tax Expense | $2.1B |
| Net Income from Continuing Ops | $9.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.8B |
| D&A | $2.0B |
| EBIT | $11.2B |
| EBITDA | $13.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $36.1B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $27.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $879M |
| General & Administrative | $8.9B |
| SG&A Expenses | $9.8B |
| Other Expenses | $6.6B |
| Operating Expenses | $16.4B |
| Cost & Expenses | $24.8B |
| OPERATING INCOME | $11.2B |
| Interest Income | $21.4B |
| Interest Expense | $6.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11.2B |
| Income Tax Expense | $2.1B |
| Net Income from Continuing Ops | $9.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.8B |
| D&A | $2.0B |
| EBIT | $11.2B |
| EBITDA | $13.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $9.2B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $233M |
| Other Non-Cash Items | $14.7B |
| Change in Working Capital | -$107.0B |
| OPERATING CASH FLOW | -$80.9B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33.2B |
| Sales/Maturities of Investments | $30.5B |
| Other Investing Activities | $39.1B |
| NET CASH FROM INVESTING | $36.3B |
| Net Debt Issuance | $4.6B |
| Common Stock Repurchased | -$6.0B |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | $72.0B |
| NET CASH FROM FINANCING | $69.4B |
| FREE CASH FLOW | -$80.9B |
| Net Change in Cash | $23.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $302.6B |
| Short-Term Investments | $236.5B |
| Net Receivables | $72.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $611.4B |
| PP&E (Net) | $24.2B |
| Goodwill | $47.5B |
| Intangible Assets | $6.7B |
| Long-Term Investments | $974.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1T |
| TOTAL NON-CURRENT ASSETS | $2.1T |
| TOTAL ASSETS | $2.7T |
| Account Payables | $216.2B |
| Short-Term Debt | $294.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6T |
| TOTAL CURRENT LIABILITIES | $1.9T |
| Long-Term Debt | $290.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $242.1B |
| TOTAL NON-CURRENT LIABILITIES | $533.0B |
| TOTAL LIABILITIES | $2.5T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $88.2B |
| Retained Earnings | $205.4B |
| Treasury Stock | -$64.3B |
| Accum. Other Comp. Income | -$558M |
| Other Equity | -$21M |
| TOTAL STOCKHOLDERS' EQUITY | $259.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $259.8B |
| TOTAL LIABILITIES & EQUITY | $2.7T |
| Total Debt | $584.9B |
| Net Debt | $282.3B |
