| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33.0B | $34.1B | $36.1B | -3.2% | -8.5% |
| Op. Income | $3.2B | $10.6B | $11.2B | -69.6% | -71.4% |
| Gross Margin | 60.6% | 78.9% | 76.6% | -18.3pp | -16.0pp |
| Net Margin | 8.7% | 25.0% | 25.5% | -16.3pp | -16.8pp |
| EPS (Diluted) | $0.78 | $2.57 | $2.64 | -69.6% | -70.5% |
| Free Cash Flow | -$120.1B | $83.1B | -$80.9B | -244.5% | -48.5% |
| Item | Amount |
|---|---|
| REVENUE | $33.0B |
| Cost of Revenue | $13.0B |
| GROSS PROFIT | $20.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $800M |
| General & Administrative | $8.9B |
| SG&A Expenses | $9.7B |
| Other Expenses | $7.1B |
| Operating Expenses | $16.8B |
| Cost & Expenses | $29.8B |
| OPERATING INCOME | $3.2B |
| Interest Income | $19.2B |
| Interest Expense | $4.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $345M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $2.2B |
| EBIT | $3.2B |
| EBITDA | $5.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $33.0B |
| Cost of Revenue | $13.0B |
| GROSS PROFIT | $20.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $800M |
| General & Administrative | $8.9B |
| SG&A Expenses | $9.7B |
| Other Expenses | $7.1B |
| Operating Expenses | $16.8B |
| Cost & Expenses | $29.8B |
| OPERATING INCOME | $3.2B |
| Interest Income | $19.2B |
| Interest Expense | $4.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $345M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $2.2B |
| EBIT | $3.2B |
| EBITDA | $5.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $2.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1.2B |
| Other Non-Cash Items | $12.9B |
| Change in Working Capital | -$136.8B |
| OPERATING CASH FLOW | -$120.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$131.8B |
| Sales/Maturities of Investments | $66.0B |
| Other Investing Activities | -$70.0B |
| NET CASH FROM INVESTING | -$135.8B |
| Net Debt Issuance | $18.2B |
| Common Stock Repurchased | -$7.9B |
| Common Dividends Paid | -$3.2B |
| Other Financing Activities | $350.7B |
| NET CASH FROM FINANCING | $362.3B |
| FREE CASH FLOW | -$120.1B |
| Net Change in Cash | $103.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $367.5B |
| Short-Term Investments | $383.0B |
| Net Receivables | $122.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $872.6B |
| PP&E (Net) | $25.9B |
| Goodwill | $47.8B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $1.1T |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1T |
| TOTAL NON-CURRENT ASSETS | $2.3T |
| TOTAL ASSETS | $3.1T |
| Account Payables | $253.9B |
| Short-Term Debt | $285.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0T |
| TOTAL CURRENT LIABILITIES | $2.3T |
| Long-Term Debt | $299.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $273.5B |
| TOTAL NON-CURRENT LIABILITIES | $572.8B |
| TOTAL LIABILITIES | $2.9T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $87.9B |
| Retained Earnings | $220.2B |
| Treasury Stock | -$88.4B |
| Accum. Other Comp. Income | $7.4B |
| Other Equity | -$21M |
| TOTAL STOCKHOLDERS' EQUITY | $261.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $261.3B |
| TOTAL LIABILITIES & EQUITY | $3.1T |
| Total Debt | $584.5B |
| Net Debt | $216.9B |
