| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | $5.5B | $6.5B | 26.7% | 6.7% |
| Op. Income | $854M | $375M | $900M | 127.8% | -5.2% |
| Gross Margin | 48.8% | 45.8% | 48.1% | 3.0pp | 0.7pp |
| Net Margin | 9.3% | 4.4% | 12.0% | 5.0pp | -2.7pp |
| EPS (Diluted) | $0.68 | $0.26 | $0.80 | 163.6% | -14.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $865M |
| Selling & Marketing | $1.3B |
| General & Administrative | $135M |
| SG&A Expenses | $1.5B |
| Other Expenses | $237M |
| Operating Expenses | $2.6B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $854M |
| Interest Income | $26M |
| Interest Expense | $93M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $786M |
| Income Tax Expense | $143M |
| Net Income from Continuing Ops | $643M |
| Net Income from Discontinued Ops | $7M |
| Other Adjustments | $0 |
| NET INCOME | $650M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $643M |
| D&A | $173M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $865M |
| Selling & Marketing | $1.3B |
| General & Administrative | $135M |
| SG&A Expenses | $1.5B |
| Other Expenses | $237M |
| Operating Expenses | $2.6B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $854M |
| Interest Income | $26M |
| Interest Expense | $93M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $786M |
| Income Tax Expense | $143M |
| Net Income from Continuing Ops | $643M |
| Net Income from Discontinued Ops | $7M |
| Other Adjustments | $0 |
| NET INCOME | $650M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $643M |
| D&A | $173M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $650M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $123M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$773M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $1M |
| Net Receivables | $5.9B |
| Inventory | $3.2B |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $11.1B |
| PP&E (Net) | $3.4B |
| Goodwill | $10.1B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $563M |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $263M |
| TOTAL NON-CURRENT ASSETS | $20.6B |
| TOTAL ASSETS | $31.6B |
| Account Payables | $2.4B |
| Short-Term Debt | $129M |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $407M |
| Deferred Tax Liabilities | $167M |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $8.7B |
| TOTAL LIABILITIES | $16.9B |
| Common Stock | $210M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $9.7B |
| Treasury Stock | -$235M |
| Accum. Other Comp. Income | $763M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.8B |
| Minority Interest | $33M |
| TOTAL EQUITY | $14.8B |
| TOTAL LIABILITIES & EQUITY | $31.6B |
| Total Debt | $6.2B |
| Net Debt | $4.5B |