| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.0B | $8.8B | — | -8.8% | — |
| Op. Income | $3.3B | $4.6B | — | -27.2% | — |
| Gross Margin | 85.6% | 88.1% | — | -2.5pp | — |
| Net Margin | 38.1% | 40.4% | — | -2.3pp | — |
| EPS (Diluted) | $1.04 | $1.21 | — | -14.0% | — |
| Free Cash Flow | $3.8B | $3.7B | — | 3.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $1.1B |
| General & Administrative | $655M |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $3.3B |
| Interest Income | $67M |
| Interest Expense | $0 |
| Other Income/Expenses | $81M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $344M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$5M |
| NET INCOME | $3.1B |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $671M |
| EBIT | $3.3B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $1.1B |
| General & Administrative | $655M |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $3.3B |
| Interest Income | $67M |
| Interest Expense | $0 |
| Other Income/Expenses | $81M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $344M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$5M |
| NET INCOME | $3.1B |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $671M |
| EBIT | $3.3B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $671M |
| Stock-Based Compensation | $867M |
| Deferred Income Tax | -$84M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $535M |
| OPERATING CASH FLOW | $5.1B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7.0B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$5.9B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$228M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$764M |
| NET CASH FROM FINANCING | -$992M |
| FREE CASH FLOW | $3.8B |
| Net Change in Cash | -$1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.1B |
| Short-Term Investments | $25.2B |
| Net Receivables | $3.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36.9B |
| PP&E (Net) | $9.5B |
| Goodwill | $18.1B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $31.8B |
| TOTAL ASSETS | $68.7B |
| Account Payables | $170M |
| Short-Term Debt | $0 |
| Deferred Revenue | $80M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.6B |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $38.6B |
| Retained Earnings | $24.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$626M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $62.2B |
| TOTAL LIABILITIES & EQUITY | $68.7B |
| Total Debt | $0 |
| Net Debt | -$7.1B |
