| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29.1B | $30.1B | $24.5B | -3.3% | 18.5% |
| Op. Income | $10.0B | $10.4B | $7.7B | -4.1% | 29.2% |
| Gross Margin | 65.9% | 67.6% | 66.3% | -1.7pp | -0.3pp |
| Net Margin | 30.3% | 29.5% | 26.8% | 0.8pp | 3.5pp |
| EPS (Diluted) | $1.14 | $1.14 | $0.84 | 0.0% | 35.7% |
| Free Cash Flow | $10.1B | $7.4B | $10.3B | 35.2% | -2.5% |
| Item | Amount |
|---|---|
| REVENUE | $29.1B |
| Cost of Revenue | $9.9B |
| GROSS PROFIT | $19.2B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $4.1B |
| General & Administrative | $1.1B |
| SG&A Expenses | $5.2B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $10.0B |
| Interest Income | $681M |
| Interest Expense | $674M |
| Other Income/Expenses | $266M |
| INCOME BEFORE TAX | $10.2B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $8.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.8B |
| D&A | $2.8B |
| EBIT | $10.9B |
| EBITDA | $13.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $29.1B |
| Cost of Revenue | $9.9B |
| GROSS PROFIT | $19.2B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $4.1B |
| General & Administrative | $1.1B |
| SG&A Expenses | $5.2B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $10.0B |
| Interest Income | $681M |
| Interest Expense | $674M |
| Other Income/Expenses | $266M |
| INCOME BEFORE TAX | $10.2B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $8.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.8B |
| D&A | $2.8B |
| EBIT | $10.9B |
| EBITDA | $13.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8.8B |
| Depreciation & Amortization | $2.8B |
| Stock-Based Compensation | $1.1B |
| Deferred Income Tax | -$247M |
| Other Non-Cash Items | -$240M |
| Change in Working Capital | $1.4B |
| OPERATING CASH FLOW | $13.7B |
| Capital Expenditure | -$3.6B |
| Acquisitions (Net) | -$245M |
| Purchases of Investments | -$19.6B |
| Sales/Maturities of Investments | $20.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3.7B |
| Common Dividends Paid | -$3.2B |
| Other Financing Activities | -$780M |
| NET CASH FROM FINANCING | -$7.4B |
| FREE CASH FLOW | $10.1B |
| Net Change in Cash | $3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15.1B |
| Short-Term Investments | $120.7B |
| Net Receivables | $17.4B |
| Inventory | $3.6B |
| Other Current Assets | $7.3B |
| TOTAL CURRENT ASSETS | $164.2B |
| PP&E (Net) | $38.2B |
| Goodwill | $35.9B |
| Intangible Assets | $7.6B |
| Long-Term Investments | $2.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.8B |
| TOTAL NON-CURRENT ASSETS | $93.4B |
| TOTAL ASSETS | $257.6B |
| Account Payables | $8.5B |
| Short-Term Debt | $6.5B |
| Deferred Revenue | $26.7B |
| Other Current Liabilities | $10.6B |
| TOTAL CURRENT LIABILITIES | $56.3B |
| Long-Term Debt | $69.7B |
| Deferred Revenue NC | $3.5B |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $30.0B |
| TOTAL NON-CURRENT LIABILITIES | $115.4B |
| TOTAL LIABILITIES | $171.7B |
| Common Stock | $71.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $17.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $86.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $86.0B |
| TOTAL LIABILITIES & EQUITY | $257.6B |
| Total Debt | $87.9B |
| Net Debt | $72.8B |
