| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.4B | $13.3B | $14.5B | 15.6% | 6.6% |
| Op. Income | $4.9B | $3.7B | $4.0B | 31.1% | 22.4% |
| Gross Margin | 71.8% | 70.0% | 70.9% | 1.8pp | 0.9pp |
| Net Margin | 6.1% | 9.6% | 9.5% | -3.6pp | -3.4pp |
| EPS (Diluted) | $0.53 | $0.72 | $0.77 | -26.4% | -31.2% |
| Free Cash Flow | $4.9B | $1.4B | $2.0B | 248.9% | 140.6% |
| Item | Amount |
|---|---|
| REVENUE | $15.4B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $11.1B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $799M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $10.5B |
| OPERATING INCOME | $4.9B |
| Interest Income | $62M |
| Interest Expense | $740M |
| Other Income/Expenses | -$3.3B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $613M |
| Net Income from Continuing Ops | $941M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $938M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $928M |
| D&A | $2.0B |
| EBIT | $2.3B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.4B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $11.1B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $799M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $10.5B |
| OPERATING INCOME | $4.9B |
| Interest Income | $62M |
| Interest Expense | $740M |
| Other Income/Expenses | -$3.3B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $613M |
| Net Income from Continuing Ops | $941M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $938M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $928M |
| D&A | $2.0B |
| EBIT | $2.3B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $941M |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $179M |
| Deferred Income Tax | -$272M |
| Other Non-Cash Items | $2.8B |
| Change in Working Capital | -$562M |
| OPERATING CASH FLOW | $5.2B |
| Capital Expenditure | -$269M |
| Acquisitions (Net) | -$940M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $209M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$2.9B |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $4.9B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $0 |
| Net Receivables | $12.6B |
| Inventory | $5.0B |
| Other Current Assets | $5.2B |
| TOTAL CURRENT ASSETS | $29.3B |
| PP&E (Net) | $5.3B |
| Goodwill | $35.6B |
| Intangible Assets | $57.0B |
| Long-Term Investments | $310M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.7B |
| TOTAL NON-CURRENT ASSETS | $107.9B |
| TOTAL ASSETS | $137.2B |
| Account Payables | $31.8B |
| Short-Term Debt | $7.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $413M |
| TOTAL CURRENT LIABILITIES | $39.8B |
| Long-Term Debt | $63.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $32.0B |
| TOTAL NON-CURRENT LIABILITIES | $97.6B |
| TOTAL LIABILITIES | $137.3B |
| Common Stock | $18M |
| Additional Paid-In Capital | $22.0B |
| Retained Earnings | -$11.5B |
| Treasury Stock | -$9.1B |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$183M |
| Minority Interest | $45M |
| TOTAL EQUITY | -$138M |
| TOTAL LIABILITIES & EQUITY | $137.2B |
| Total Debt | $70.5B |
| Net Debt | $64.0B |
