| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.6B | $2.3B | 9.1% | 24.6% |
| Op. Income | $818M | $678M | $491M | 20.7% | 66.5% |
| Gross Margin | 62.1% | 61.0% | 56.7% | 1.1pp | 5.4pp |
| Net Margin | 18.0% | 21.6% | 17.0% | -3.6pp | 1.0pp |
| EPS (Diluted) | $1.04 | $1.14 | $0.79 | -8.8% | 31.6% |
| Free Cash Flow | $1.1B | $729M | $701M | 48.9% | 54.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $454M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $326M |
| Other Expenses | $192M |
| Operating Expenses | $972M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $818M |
| Interest Income | $27M |
| Interest Expense | $80M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | $763M |
| Income Tax Expense | $245M |
| Net Income from Continuing Ops | $519M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $519M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $519M |
| D&A | $487M |
| EBIT | $843M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $454M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $326M |
| Other Expenses | $192M |
| Operating Expenses | $972M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $818M |
| Interest Income | $27M |
| Interest Expense | $80M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | $763M |
| Income Tax Expense | $245M |
| Net Income from Continuing Ops | $519M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $519M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $519M |
| D&A | $487M |
| EBIT | $843M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $519M |
| Depreciation & Amortization | $487M |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | $52M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $373M |
| Other Investing Activities | -$373M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$490M |
| Other Financing Activities | $85M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $1.1B |
| Net Receivables | $1.6B |
| Inventory | $1.6B |
| Other Current Assets | $305M |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $3.3B |
| Goodwill | $26.9B |
| Intangible Assets | $8.4B |
| Long-Term Investments | $0 |
| Tax Assets | $1.9B |
| Other Non-Current Assets | $696M |
| TOTAL NON-CURRENT ASSETS | $41.3B |
| TOTAL ASSETS | $48.2B |
| Account Payables | $491M |
| Short-Term Debt | $549M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $8.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $616M |
| TOTAL NON-CURRENT LIABILITIES | $11.1B |
| TOTAL LIABILITIES | $14.1B |
| Common Stock | $82M |
| Additional Paid-In Capital | $23.9B |
| Retained Earnings | $10.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$173M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $34.1B |
| TOTAL LIABILITIES & EQUITY | $48.2B |
| Total Debt | $8.7B |
| Net Debt | $6.4B |
