| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95.4B | $124.3B | $90.8B | -23.3% | 5.1% |
| Op. Income | $29.6B | $42.8B | $27.9B | -30.9% | 6.1% |
| Gross Margin | 47.1% | 46.9% | 46.6% | 0.2pp | 0.5pp |
| Net Margin | 26.0% | 29.2% | 26.0% | -3.2pp | -0.1pp |
| EPS (Diluted) | $1.65 | $2.40 | $1.53 | -31.3% | 7.8% |
| Free Cash Flow | $20.9B | $27.0B | $20.7B | -22.6% | 0.9% |
| Item | Amount |
|---|---|
| REVENUE | $95.4B |
| Cost of Revenue | $50.5B |
| GROSS PROFIT | $44.9B |
| R&D Expenses | $8.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.7B |
| Other Expenses | $0 |
| Operating Expenses | $15.3B |
| Cost & Expenses | $65.8B |
| OPERATING INCOME | $29.6B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$279M |
| INCOME BEFORE TAX | $29.3B |
| Income Tax Expense | $4.5B |
| Net Income from Continuing Ops | $24.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24.8B |
| D&A | $2.7B |
| EBIT | $29.3B |
| EBITDA | $32.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $95.4B |
| Cost of Revenue | $50.5B |
| GROSS PROFIT | $44.9B |
| R&D Expenses | $8.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.7B |
| Other Expenses | $0 |
| Operating Expenses | $15.3B |
| Cost & Expenses | $65.8B |
| OPERATING INCOME | $29.6B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$279M |
| INCOME BEFORE TAX | $29.3B |
| Income Tax Expense | $4.5B |
| Net Income from Continuing Ops | $24.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24.8B |
| D&A | $2.7B |
| EBIT | $29.3B |
| EBITDA | $32.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $24.8B |
| Depreciation & Amortization | $2.7B |
| Stock-Based Compensation | $3.2B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$208M |
| Change in Working Capital | -$6.5B |
| OPERATING CASH FLOW | $24.0B |
| Capital Expenditure | -$3.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.3B |
| Sales/Maturities of Investments | $12.3B |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | $2.9B |
| Net Debt Issuance | $976M |
| Common Stock Repurchased | -$25.9B |
| Common Dividends Paid | -$3.8B |
| Other Financing Activities | -$326M |
| NET CASH FROM FINANCING | -$29.0B |
| FREE CASH FLOW | $20.9B |
| Net Change in Cash | -$2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28.2B |
| Short-Term Investments | $20.3B |
| Net Receivables | $49.8B |
| Inventory | $6.3B |
| Other Current Assets | $14.1B |
| TOTAL CURRENT ASSETS | $118.7B |
| PP&E (Net) | $46.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $84.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $81.3B |
| TOTAL NON-CURRENT ASSETS | $212.6B |
| TOTAL ASSETS | $331.2B |
| Account Payables | $54.1B |
| Short-Term Debt | $19.6B |
| Deferred Revenue | $9.0B |
| Other Current Liabilities | $61.8B |
| TOTAL CURRENT LIABILITIES | $144.6B |
| Long-Term Debt | $78.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41.3B |
| TOTAL NON-CURRENT LIABILITIES | $119.9B |
| TOTAL LIABILITIES | $264.4B |
| Common Stock | $88.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$15.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $66.8B |
| TOTAL LIABILITIES & EQUITY | $331.2B |
| Total Debt | $98.2B |
| Net Debt | $70.0B |
