| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.2B | — | — | — | — |
| Op. Income | $427M | — | — | — | — |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | 2.0% | — | — | — | — |
| EPS (Diluted) | $0.30 | — | — | — | — |
| Free Cash Flow | -$289M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $22.2B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $22.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $21.8B |
| Operating Expenses | $21.8B |
| Cost & Expenses | $21.8B |
| OPERATING INCOME | $427M |
| Interest Income | $0 |
| Interest Expense | $187M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $434M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $456M |
| D&A | -$114M |
| EBIT | $614M |
| EBITDA | $499M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22.2B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $22.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $21.8B |
| Operating Expenses | $21.8B |
| Cost & Expenses | $21.8B |
| OPERATING INCOME | $427M |
| Interest Income | $0 |
| Interest Expense | $187M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $434M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $456M |
| D&A | -$114M |
| EBIT | $614M |
| EBITDA | $499M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $455M |
| Depreciation & Amortization | -$114M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7.8B |
| Change in Working Capital | $7.2B |
| OPERATING CASH FLOW | -$270M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$737.0K |
| Purchases of Investments | -$110M |
| Sales/Maturities of Investments | $816M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $676M |
| Net Debt Issuance | -$913M |
| Common Stock Repurchased | -$474M |
| Common Dividends Paid | -$692M |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | -$289M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $0 |
| Net Receivables | $20.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24.3B |
| PP&E (Net) | $328M |
| Goodwill | $366M |
| Intangible Assets | $241M |
| Long-Term Investments | $338.8B |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $346.4B |
| TOTAL ASSETS | $370.7B |
| Account Payables | $0 |
| Short-Term Debt | $48M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$48M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $355.3B |
| TOTAL NON-CURRENT LIABILITIES | $361.8B |
| TOTAL LIABILITIES | $361.8B |
| Common Stock | $268M |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | $4.9B |
| Treasury Stock | -$522M |
| Accum. Other Comp. Income | -$3.9B |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $99M |
| TOTAL EQUITY | $8.9B |
| TOTAL LIABILITIES & EQUITY | $370.7B |
| Total Debt | $6.6B |
| Net Debt | $2.8B |
