| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.7B | $21.1B | $15.1B | -15.9% | 17.6% |
| Op. Income | $5.9B | $8.9B | $3.3B | -33.5% | 77.7% |
| Gross Margin | 80.5% | 83.4% | 81.3% | -2.9pp | -0.8pp |
| Net Margin | 27.6% | 34.9% | 16.1% | -7.2pp | 11.5pp |
| EPS (Diluted) | $1.71 | $2.56 | $0.85 | -33.2% | 101.2% |
| Free Cash Flow | $7.4B | $5.0B | $5.5B | 49.4% | 36.0% |
| Item | Amount |
|---|---|
| REVENUE | $17.7B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $14.3B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $2.8B |
| General & Administrative | $1.6B |
| SG&A Expenses | $4.4B |
| Other Expenses | $0 |
| Operating Expenses | $8.4B |
| Cost & Expenses | $11.8B |
| OPERATING INCOME | $5.9B |
| Interest Income | $228M |
| Interest Expense | $0 |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $959M |
| Net Income from Continuing Ops | $4.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.9B |
| D&A | $1.6B |
| EBIT | $5.9B |
| EBITDA | $7.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $17.7B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $14.3B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $2.8B |
| General & Administrative | $1.6B |
| SG&A Expenses | $4.4B |
| Other Expenses | $0 |
| Operating Expenses | $8.4B |
| Cost & Expenses | $11.8B |
| OPERATING INCOME | $5.9B |
| Interest Income | $228M |
| Interest Expense | $0 |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $959M |
| Net Income from Continuing Ops | $4.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.9B |
| D&A | $1.6B |
| EBIT | $5.9B |
| EBITDA | $7.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.9B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $1.3B |
| Deferred Income Tax | $477M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $2.7B |
| OPERATING CASH FLOW | $11.0B |
| Capital Expenditure | -$3.6B |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | -$7.9B |
| Sales/Maturities of Investments | $7.4B |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$4.1B |
| Net Debt Issuance | -$180M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$592M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $7.4B |
| Net Change in Cash | $4.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23.6B |
| Short-Term Investments | $36.7B |
| Net Receivables | $7.3B |
| Inventory | $0 |
| Other Current Assets | $137M |
| TOTAL CURRENT ASSETS | $69.3B |
| PP&E (Net) | $46.5B |
| Goodwill | $18.8B |
| Intangible Assets | $838M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $69.0B |
| TOTAL ASSETS | $138.4B |
| Account Payables | $829M |
| Short-Term Debt | $0 |
| Deferred Revenue | $247M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.5B |
| TOTAL NON-CURRENT LIABILITIES | $18.0B |
| TOTAL LIABILITIES | $33.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $46.7B |
| Retained Earnings | $59.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$544M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $105.3B |
| TOTAL LIABILITIES & EQUITY | $138.4B |
| Total Debt | $10.3B |
| Net Debt | -$13.3B |
