| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.3B | $9.3B | — | 10.8% | — |
| Op. Income | $5.1B | $4.4B | — | 16.4% | — |
| Gross Margin | 86.0% | 86.7% | — | -0.7pp | — |
| Net Margin | 45.5% | 41.7% | — | 3.8pp | — |
| EPS (Diluted) | $1.59 | $1.32 | — | 20.5% | — |
| Free Cash Flow | $4.4B | $3.9B | — | 11.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $10.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $1.2B |
| General & Administrative | $536M |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.8B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $5.1B |
| Interest Income | $108M |
| Interest Expense | $0 |
| Other Income/Expenses | $114M |
| INCOME BEFORE TAX | $5.2B |
| Income Tax Expense | $529M |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$3M |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $773M |
| EBIT | $5.1B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $10.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $1.2B |
| General & Administrative | $536M |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.8B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $5.1B |
| Interest Income | $108M |
| Interest Expense | $0 |
| Other Income/Expenses | $114M |
| INCOME BEFORE TAX | $5.2B |
| Income Tax Expense | $529M |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$3M |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $773M |
| EBIT | $5.1B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.7B |
| Depreciation & Amortization | $773M |
| Stock-Based Compensation | $1.0B |
| Deferred Income Tax | -$94M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$273M |
| OPERATING CASH FLOW | $6.1B |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | -$98M |
| Purchases of Investments | -$6.3B |
| Sales/Maturities of Investments | $4.4B |
| Other Investing Activities | $31M |
| NET CASH FROM INVESTING | -$3.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$640M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$892M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | $949M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $31.1B |
| Net Receivables | $4.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44.2B |
| PP&E (Net) | $12.2B |
| Goodwill | $18.2B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $34.8B |
| TOTAL ASSETS | $79.0B |
| Account Payables | $383M |
| Short-Term Debt | $0 |
| Deferred Revenue | $105M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $40.2B |
| Retained Earnings | $31.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$200M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $71.2B |
| TOTAL LIABILITIES & EQUITY | $79.0B |
| Total Debt | $0 |
| Net Debt | -$7.2B |
