| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32.5B | $29.1B | $28.9B | 11.6% | 12.3% |
| Op. Income | $10.3B | $10.0B | $8.7B | 3.0% | 18.2% |
| Gross Margin | 61.7% | 65.9% | 61.7% | -4.2pp | 0.0pp |
| Net Margin | 25.9% | 30.3% | -21.8% | -4.4pp | 47.7pp |
| EPS (Diluted) | $1.08 | $1.14 | $-0.82 | -5.3% | 231.7% |
| Free Cash Flow | $5.2B | $10.1B | $5.3B | -48.4% | -1.8% |
| Item | Amount |
|---|---|
| REVENUE | $32.5B |
| Cost of Revenue | $12.4B |
| GROSS PROFIT | $20.0B |
| R&D Expenses | $4.1B |
| Selling & Marketing | $4.6B |
| General & Administrative | $1.1B |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $9.8B |
| Cost & Expenses | $22.2B |
| OPERATING INCOME | $10.3B |
| Interest Income | $704M |
| Interest Expense | $672M |
| Other Income/Expenses | $127M |
| INCOME BEFORE TAX | $10.4B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $8.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.4B |
| D&A | $3.0B |
| EBIT | $11.1B |
| EBITDA | $14.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $32.5B |
| Cost of Revenue | $12.4B |
| GROSS PROFIT | $20.0B |
| R&D Expenses | $4.1B |
| Selling & Marketing | $4.6B |
| General & Administrative | $1.1B |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $9.8B |
| Cost & Expenses | $22.2B |
| OPERATING INCOME | $10.3B |
| Interest Income | $704M |
| Interest Expense | $672M |
| Other Income/Expenses | $127M |
| INCOME BEFORE TAX | $10.4B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $8.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.4B |
| D&A | $3.0B |
| EBIT | $11.1B |
| EBITDA | $14.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8.4B |
| Depreciation & Amortization | $3.0B |
| Stock-Based Compensation | $1.2B |
| Deferred Income Tax | -$173M |
| Other Non-Cash Items | -$135M |
| Change in Working Capital | -$3.4B |
| OPERATING CASH FLOW | $8.9B |
| Capital Expenditure | -$3.7B |
| Acquisitions (Net) | -$1.6B |
| Purchases of Investments | -$16.9B |
| Sales/Maturities of Investments | $18.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4.2B |
| Net Debt Issuance | -$3.0B |
| Common Stock Repurchased | -$6.4B |
| Common Dividends Paid | -$3.5B |
| Other Financing Activities | -$459M |
| NET CASH FROM FINANCING | -$13.2B |
| FREE CASH FLOW | $5.2B |
| Net Change in Cash | -$8.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.6B |
| Short-Term Investments | $121.0B |
| Net Receivables | $19.7B |
| Inventory | $2.0B |
| Other Current Assets | $7.6B |
| TOTAL CURRENT ASSETS | $156.9B |
| PP&E (Net) | $39.5B |
| Goodwill | $41.6B |
| Intangible Assets | $8.5B |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.1B |
| TOTAL NON-CURRENT ASSETS | $102.0B |
| TOTAL ASSETS | $258.9B |
| Account Payables | $7.6B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $24.3B |
| Other Current Liabilities | $11.3B |
| TOTAL CURRENT LIABILITIES | $50.3B |
| Long-Term Debt | $69.7B |
| Deferred Revenue NC | $3.8B |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $30.3B |
| TOTAL NON-CURRENT LIABILITIES | $116.4B |
| TOTAL LIABILITIES | $166.7B |
| Common Stock | $77.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $16.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $92.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $92.1B |
| TOTAL LIABILITIES & EQUITY | $258.9B |
| Total Debt | $85.5B |
| Net Debt | $78.8B |
