| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.5B | $11.4B | $11.0B | 0.8% | 4.4% |
| Op. Income | $2.3B | $2.1B | $2.0B | 9.4% | 13.1% |
| Gross Margin | 57.0% | 55.7% | 51.0% | 1.3pp | 6.0pp |
| Net Margin | 15.5% | 14.5% | 84.1% | 1.0pp | -68.6pp |
| EPS (Diluted) | $1.02 | $0.94 | $5.27 | 8.5% | -80.6% |
| Free Cash Flow | $2.6B | $2.3B | $2.1B | 14.6% | 22.3% |
| Item | Amount |
|---|---|
| REVENUE | $11.5B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $735M |
| Selling & Marketing | $0 |
| General & Administrative | $3.1B |
| SG&A Expenses | $3.1B |
| Other Expenses | $422M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $107M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $582M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $422M |
| EBIT | $2.4B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.5B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $735M |
| Selling & Marketing | $0 |
| General & Administrative | $3.1B |
| SG&A Expenses | $3.1B |
| Other Expenses | $422M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $107M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $582M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $422M |
| EBIT | $2.4B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $792M |
| Stock-Based Compensation | $113M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $65M |
| Change in Working Capital | $569M |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$689M |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | -$167M |
| Sales/Maturities of Investments | -$43M |
| Other Investing Activities | $36M |
| NET CASH FROM INVESTING | -$913M |
| Net Debt Issuance | -$70M |
| Common Stock Repurchased | -$302M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.5B |
| Short-Term Investments | $417M |
| Net Receivables | $7.9B |
| Inventory | $6.5B |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $26.0B |
| PP&E (Net) | $12.9B |
| Goodwill | $24.0B |
| Intangible Assets | $5.5B |
| Long-Term Investments | $918M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.3B |
| TOTAL NON-CURRENT ASSETS | $60.7B |
| TOTAL ASSETS | $86.7B |
| Account Payables | $4.2B |
| Short-Term Debt | $3.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $16.5B |
| Long-Term Debt | $10.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $3.7B |
| TOTAL NON-CURRENT LIABILITIES | $17.4B |
| TOTAL LIABILITIES | $33.9B |
| Common Stock | $25.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $49.8B |
| Treasury Stock | -$17.2B |
| Accum. Other Comp. Income | -$6.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52.1B |
| Minority Interest | $641M |
| TOTAL EQUITY | $52.8B |
| TOTAL LIABILITIES & EQUITY | $86.7B |
| Total Debt | $15.1B |
| Net Debt | $6.5B |
