| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.4B | $11.1B | $10.6B | 2.0% | 6.9% |
| Op. Income | $2.1B | $2.1B | $1.8B | 0.2% | 13.1% |
| Gross Margin | 55.7% | 56.4% | 51.0% | -0.7pp | 4.7pp |
| Net Margin | 14.5% | 16.0% | 15.5% | -1.5pp | -1.0pp |
| EPS (Diluted) | $0.94 | $1.01 | $0.94 | -6.9% | 0.0% |
| Free Cash Flow | $2.3B | $1.5B | $2.1B | 48.3% | 6.6% |
| Item | Amount |
|---|---|
| REVENUE | $11.4B |
| Cost of Revenue | $5.0B |
| GROSS PROFIT | $6.3B |
| R&D Expenses | $785M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.1B |
| Other Expenses | $420M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $2.1B |
| Interest Income | $77M |
| Interest Expense | $44M |
| Other Income/Expenses | $123M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $536M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $791M |
| EBIT | $2.3B |
| EBITDA | $3.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.4B |
| Cost of Revenue | $5.0B |
| GROSS PROFIT | $6.3B |
| R&D Expenses | $785M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.1B |
| Other Expenses | $420M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $2.1B |
| Interest Income | $77M |
| Interest Expense | $44M |
| Other Income/Expenses | $123M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $536M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $791M |
| EBIT | $2.3B |
| EBITDA | $3.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $791M |
| Stock-Based Compensation | $120M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $232M |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$496M |
| Acquisitions (Net) | -$55M |
| Purchases of Investments | $44M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$457M |
| Net Debt Issuance | -$493M |
| Common Stock Repurchased | -$305M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | $560M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $222M |
| Net Receivables | $8.1B |
| Inventory | $6.7B |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $24.8B |
| PP&E (Net) | $11.5B |
| Goodwill | $24.0B |
| Intangible Assets | $5.6B |
| Long-Term Investments | $951M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.3B |
| TOTAL NON-CURRENT ASSETS | $59.3B |
| TOTAL ASSETS | $84.2B |
| Account Payables | $4.1B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $14.6B |
| Long-Term Debt | $11.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.7B |
| TOTAL NON-CURRENT LIABILITIES | $18.3B |
| TOTAL LIABILITIES | $32.9B |
| Common Stock | $25.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $49.1B |
| Treasury Stock | -$16.9B |
| Accum. Other Comp. Income | -$6.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51.0B |
| Minority Interest | $310M |
| TOTAL EQUITY | $51.3B |
| TOTAL LIABILITIES & EQUITY | $84.2B |
| Total Debt | $12.9B |
| Net Debt | $5.4B |
