| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32.8B | $32.3B | $28.5B | 1.7% | 15.1% |
| Op. Income | $10.6B | $10.7B | $9.7B | -0.8% | 8.4% |
| Gross Margin | 80.8% | 82.8% | 83.7% | -2.0pp | -2.8pp |
| Net Margin | 25.3% | 27.0% | 24.6% | -1.7pp | 0.7pp |
| EPS (Diluted) | $2.29 | $2.37 | $1.82 | -3.4% | 25.8% |
| Free Cash Flow | $35.7B | -$35.1B | $4.1B | 201.6% | 776.1% |
| Item | Amount |
|---|---|
| REVENUE | $32.8B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $26.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $798M |
| General & Administrative | $8.3B |
| SG&A Expenses | $9.1B |
| Other Expenses | $6.8B |
| Operating Expenses | $16.0B |
| Cost & Expenses | $22.3B |
| OPERATING INCOME | $10.6B |
| Interest Income | $18.6B |
| Interest Expense | $5.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10.6B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $8.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.9B |
| D&A | $1.9B |
| EBIT | $10.6B |
| EBITDA | $12.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $32.8B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $26.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $798M |
| General & Administrative | $8.3B |
| SG&A Expenses | $9.1B |
| Other Expenses | $6.8B |
| Operating Expenses | $16.0B |
| Cost & Expenses | $22.3B |
| OPERATING INCOME | $10.6B |
| Interest Income | $18.6B |
| Interest Expense | $5.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10.6B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $8.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.9B |
| D&A | $1.9B |
| EBIT | $10.6B |
| EBITDA | $12.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $8.3B |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | $251M |
| Change in Working Capital | $25.2B |
| OPERATING CASH FLOW | $35.7B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.5B |
| Sales/Maturities of Investments | $18.2B |
| Other Investing Activities | $3.3B |
| NET CASH FROM INVESTING | $6.0B |
| Net Debt Issuance | $4.1B |
| Common Stock Repurchased | -$5.0B |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | -$43.5B |
| NET CASH FROM FINANCING | -$46.8B |
| FREE CASH FLOW | $35.7B |
| Net Change in Cash | -$9.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $405.2B |
| Short-Term Investments | $202.0B |
| Net Receivables | $75.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $682.9B |
| PP&E (Net) | $14.1B |
| Goodwill | $47.5B |
| Intangible Assets | $7.0B |
| Long-Term Investments | $953.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $884.9B |
| TOTAL NON-CURRENT ASSETS | $1.9T |
| TOTAL ASSETS | $2.6T |
| Account Payables | $197.0B |
| Short-Term Debt | $203.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $308.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $219.0B |
| TOTAL NON-CURRENT LIABILITIES | $527.3B |
| TOTAL LIABILITIES | $2.3T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $89.4B |
| Retained Earnings | $189.9B |
| Treasury Stock | -$50.8B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | -$21M |
| TOTAL STOCKHOLDERS' EQUITY | $257.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $257.5B |
| TOTAL LIABILITIES & EQUITY | $2.6T |
| Total Debt | $511.6B |
| Net Debt | $106.5B |
