| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.9B | $24.5B | $25.8B | 17.8% | 12.0% |
| Op. Income | $8.7B | $7.7B | $7.9B | 12.6% | 9.8% |
| Gross Margin | 61.7% | 66.3% | 61.7% | -4.5pp | 0.1pp |
| Net Margin | -21.8% | 26.8% | 24.3% | -48.6pp | -46.1pp |
| EPS (Diluted) | $-0.82 | $0.84 | $0.80 | -197.6% | -202.5% |
| Free Cash Flow | $5.3B | $10.3B | $4.3B | -48.7% | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $28.9B |
| Cost of Revenue | $11.1B |
| GROSS PROFIT | $17.9B |
| R&D Expenses | $3.5B |
| Selling & Marketing | $4.6B |
| General & Administrative | $1.1B |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $20.2B |
| OPERATING INCOME | $8.7B |
| Interest Income | $530M |
| Interest Expense | $698M |
| Other Income/Expenses | $490M |
| INCOME BEFORE TAX | $9.2B |
| Income Tax Expense | $15.5B |
| Net Income from Continuing Ops | -$6.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6.3B |
| D&A | $2.5B |
| EBIT | $9.9B |
| EBITDA | $12.4B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6.3B |
| Depreciation & Amortization | $2.5B |
| Stock-Based Compensation | $986M |
| Deferred Income Tax | -$2.3B |
| Other Non-Cash Items | -$684M |
| Change in Working Capital | $13.6B |
| OPERATING CASH FLOW | $7.9B |
| Capital Expenditure | -$2.6B |
| Acquisitions (Net) | -$27M |
| Purchases of Investments | -$45.2B |
| Sales/Maturities of Investments | $47.6B |
| Other Investing Activities | -$177M |
| NET CASH FROM INVESTING | -$331M |
| Net Debt Issuance | $3.7B |
| Common Stock Repurchased | -$2.0B |
| Common Dividends Paid | -$3.2B |
| Other Financing Activities | -$156M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $5.3B |
| Net Change in Cash | $6.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.9B |
| Short-Term Investments | $129.9B |
| Net Receivables | $18.4B |
| Inventory | $2.0B |
| Other Current Assets | $4.4B |
| TOTAL CURRENT ASSETS | $167.6B |
| PP&E (Net) | $33.1B |
| Goodwill | $35.4B |
| Intangible Assets | $9.0B |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.0B |
| TOTAL NON-CURRENT ASSETS | $88.4B |
| TOTAL ASSETS | $256.0B |
| Account Payables | $7.8B |
| Short-Term Debt | $15.9B |
| Deferred Revenue | $21.3B |
| Other Current Liabilities | $10.7B |
| TOTAL CURRENT LIABILITIES | $58.1B |
| Long-Term Debt | $73.3B |
| Deferred Revenue NC | $2.5B |
| Deferred Tax Liabilities | $3.2B |
| Other Non-Current Liabilities | $36.8B |
| TOTAL NON-CURRENT LIABILITIES | $119.5B |
| TOTAL LIABILITIES | $177.6B |
| Common Stock | $70.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$399M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $78.4B |
| TOTAL LIABILITIES & EQUITY | $256.0B |
| Total Debt | $94.5B |
| Net Debt | $81.6B |
