| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36.9B | $33.1B | $32.5B | 11.7% | 13.7% |
| Op. Income | $13.9B | $12.7B | $10.3B | 9.5% | 35.4% |
| Gross Margin | 66.5% | 68.5% | 61.7% | -2.0pp | 4.8pp |
| Net Margin | 31.6% | 32.3% | 25.9% | -0.7pp | 5.6pp |
| EPS (Diluted) | $1.51 | $1.38 | $1.08 | 9.4% | 39.8% |
| Free Cash Flow | $7.1B | $10.4B | $5.2B | -31.6% | 37.4% |
| Item | Amount |
|---|---|
| REVENUE | $36.9B |
| Cost of Revenue | $12.4B |
| GROSS PROFIT | $24.5B |
| R&D Expenses | $4.6B |
| Selling & Marketing | $4.9B |
| General & Administrative | $1.1B |
| SG&A Expenses | $6.1B |
| Other Expenses | $0 |
| Operating Expenses | $10.7B |
| Cost & Expenses | $23.0B |
| OPERATING INCOME | $13.9B |
| Interest Income | $688M |
| Interest Expense | $654M |
| Other Income/Expenses | $194M |
| INCOME BEFORE TAX | $14.1B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $11.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.6B |
| D&A | $3.2B |
| EBIT | $14.7B |
| EBITDA | $17.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $36.9B |
| Cost of Revenue | $12.4B |
| GROSS PROFIT | $24.5B |
| R&D Expenses | $4.6B |
| Selling & Marketing | $4.9B |
| General & Administrative | $1.1B |
| SG&A Expenses | $6.1B |
| Other Expenses | $0 |
| Operating Expenses | $10.7B |
| Cost & Expenses | $23.0B |
| OPERATING INCOME | $13.9B |
| Interest Income | $688M |
| Interest Expense | $654M |
| Other Income/Expenses | $194M |
| INCOME BEFORE TAX | $14.1B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $11.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.6B |
| D&A | $3.2B |
| EBIT | $14.7B |
| EBITDA | $17.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $11.6B |
| Depreciation & Amortization | $3.2B |
| Stock-Based Compensation | $1.3B |
| Deferred Income Tax | -$53M |
| Other Non-Cash Items | -$203M |
| Change in Working Capital | -$5.3B |
| OPERATING CASH FLOW | $10.7B |
| Capital Expenditure | -$3.5B |
| Acquisitions (Net) | -$80M |
| Purchases of Investments | -$19.0B |
| Sales/Maturities of Investments | $16.6B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.0B |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$5.2B |
| Common Dividends Paid | -$3.9B |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$8.9B |
| FREE CASH FLOW | $7.1B |
| Net Change in Cash | -$4.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.9B |
| Short-Term Investments | $125.4B |
| Net Receivables | $23.5B |
| Inventory | $1.8B |
| Other Current Assets | $7.5B |
| TOTAL CURRENT ASSETS | $167.1B |
| PP&E (Net) | $49.0B |
| Goodwill | $42.2B |
| Intangible Assets | $7.1B |
| Long-Term Investments | $2.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.6B |
| TOTAL NON-CURRENT ASSETS | $115.7B |
| TOTAL ASSETS | $282.8B |
| Account Payables | $8.8B |
| Short-Term Debt | $6.2B |
| Deferred Revenue | $27.3B |
| Other Current Liabilities | $12.5B |
| TOTAL CURRENT LIABILITIES | $59.6B |
| Long-Term Debt | $63.4B |
| Deferred Revenue NC | $3.9B |
| Deferred Tax Liabilities | $222M |
| Other Non-Current Liabilities | $30.1B |
| TOTAL NON-CURRENT LIABILITIES | $113.0B |
| TOTAL LIABILITIES | $172.7B |
| Common Stock | $79.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $30.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$255M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $110.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $110.1B |
| TOTAL LIABILITIES & EQUITY | $282.8B |
| Total Debt | $87.1B |
| Net Debt | $78.3B |
