| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.5B | $27.9B | $26.8B | 2.2% | 6.3% |
| Op. Income | $9.7B | $8.3B | $9.3B | 16.9% | 4.4% |
| Gross Margin | 83.7% | 84.6% | 85.6% | -0.9pp | -1.9pp |
| Net Margin | 24.6% | 23.1% | 23.1% | 1.5pp | 1.5pp |
| EPS (Diluted) | $1.82 | $1.65 | $1.55 | 10.3% | 17.4% |
| Free Cash Flow | $4.1B | -$22.6B | -$1.5B | 118.1% | 367.3% |
| Item | Amount |
|---|---|
| REVENUE | $28.5B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $23.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $756M |
| General & Administrative | $7.8B |
| SG&A Expenses | $8.5B |
| Other Expenses | $5.6B |
| Operating Expenses | $14.1B |
| Cost & Expenses | $18.8B |
| OPERATING INCOME | $9.7B |
| Interest Income | $15.7B |
| Interest Expense | $3.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9.7B |
| Income Tax Expense | $2.7B |
| Net Income from Continuing Ops | $7.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.6B |
| D&A | $1.5B |
| EBIT | $9.7B |
| EBITDA | $11.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $28.5B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $23.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $756M |
| General & Administrative | $7.8B |
| SG&A Expenses | $8.5B |
| Other Expenses | $5.6B |
| Operating Expenses | $14.1B |
| Cost & Expenses | $18.8B |
| OPERATING INCOME | $9.7B |
| Interest Income | $15.7B |
| Interest Expense | $3.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9.7B |
| Income Tax Expense | $2.7B |
| Net Income from Continuing Ops | $7.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.6B |
| D&A | $1.5B |
| EBIT | $9.7B |
| EBITDA | $11.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $7.0B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$790M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$8.6B |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25.2B |
| Sales/Maturities of Investments | $46.3B |
| Other Investing Activities | -$43.7B |
| NET CASH FROM INVESTING | -$22.6B |
| Net Debt Issuance | $11.2B |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | -$1.6B |
| NET CASH FROM FINANCING | $4.3B |
| FREE CASH FLOW | $4.1B |
| Net Change in Cash | -$11.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $449.2B |
| Short-Term Investments | $215.7B |
| Net Receivables | $64.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $728.9B |
| PP&E (Net) | $14.2B |
| Goodwill | $47.3B |
| Intangible Assets | $6.6B |
| Long-Term Investments | $927.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $838.8B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.6T |
| Account Payables | $189.2B |
| Short-Term Debt | $187.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $321.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $222.4B |
| TOTAL NON-CURRENT LIABILITIES | $544.0B |
| TOTAL LIABILITIES | $2.3T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $90.6B |
| Retained Earnings | $171.5B |
| Treasury Stock | -$33.4B |
| Accum. Other Comp. Income | -$392M |
| Other Equity | -$21M |
| TOTAL STOCKHOLDERS' EQUITY | $258.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $258.5B |
| TOTAL LIABILITIES & EQUITY | $2.6T |
| Total Debt | $509.4B |
| Net Debt | $60.2B |
