Q1 2020 Earnings

Revenue

$18.3B+12.3% YoY

Gross Profit

$7.8B42.6% margin

Operating Income

$5.6B30.8% margin

Net Income

$4.4B24.0% margin

EPS (Diluted)

$4.75

QoQ Revenue Growth

+6.8%

Operating Cash Flow

$1.8B

Free Cash Flow

$1.8B

Stock-Based Comp.

Total Assets

$737.7B

Total Liabilities

$667.3B

Stockholders' Equity

$70.2B

Cash & Equivalents

$24.1B

Metric	Current	Year Ago	Change
Revenue	$18.3B	$16.3B	+12.3%
Gross Profit	$7.8B	$4.0B	+94.0%
Operating Income	$5.6B	$1.7B	+223.6%
Net Income	$4.4B	$1.4B	+218.5%

Prepaid legal plans and administrative-only contracts

$101M29%

Fee-based investment management services

$79M23%

Other revenue from service contracts from customers

$60M17%

Administrative services-only contracts

$56M16%

Distribution and Administrative Services fees

$49M14%