| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180.2B | $167.7B | $158.9B | 7.4% | 13.4% |
| Op. Income | $17.4B | $19.2B | $17.4B | -9.1% | 0.1% |
| Gross Margin | 50.8% | 51.8% | 49.0% | -1.0pp | 1.8pp |
| Net Margin | 11.8% | 10.8% | 9.6% | 0.9pp | 2.1pp |
| EPS (Diluted) | $1.95 | $1.68 | $1.43 | 16.1% | 36.4% |
| Free Cash Flow | $430M | $332M | $3.4B | 29.5% | -87.2% |
| Item | Amount |
|---|---|
| REVENUE | $180.2B |
| Cost of Revenue | $88.7B |
| GROSS PROFIT | $91.5B |
| R&D Expenses | $29.0B |
| Selling & Marketing | $11.7B |
| General & Administrative | $2.9B |
| SG&A Expenses | $14.6B |
| Other Expenses | $30.6B |
| Operating Expenses | $74.1B |
| Cost & Expenses | $162.7B |
| OPERATING INCOME | $17.4B |
| Interest Income | $1.1B |
| Interest Expense | $538M |
| Other Income/Expenses | $10.7B |
| INCOME BEFORE TAX | $28.1B |
| Income Tax Expense | $6.9B |
| Net Income from Continuing Ops | $21.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21.2B |
| D&A | $16.8B |
| EBIT | $28.7B |
| EBITDA | $45.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $180.2B |
| Cost of Revenue | $88.7B |
| GROSS PROFIT | $91.5B |
| R&D Expenses | $29.0B |
| Selling & Marketing | $11.7B |
| General & Administrative | $2.9B |
| SG&A Expenses | $14.6B |
| Other Expenses | $30.6B |
| Operating Expenses | $74.1B |
| Cost & Expenses | $162.7B |
| OPERATING INCOME | $17.4B |
| Interest Income | $1.1B |
| Interest Expense | $538M |
| Other Income/Expenses | $10.7B |
| INCOME BEFORE TAX | $28.1B |
| Income Tax Expense | $6.9B |
| Net Income from Continuing Ops | $21.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21.2B |
| D&A | $16.8B |
| EBIT | $28.7B |
| EBITDA | $45.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $21.2B |
| Depreciation & Amortization | $16.8B |
| Stock-Based Compensation | $4.8B |
| Deferred Income Tax | $10.1B |
| Other Non-Cash Items | -$10.1B |
| Change in Working Capital | -$7.3B |
| OPERATING CASH FLOW | $35.5B |
| Capital Expenditure | -$35.1B |
| Acquisitions (Net) | -$786M |
| Purchases of Investments | -$7.4B |
| Sales/Maturities of Investments | $16.4B |
| Other Investing Activities | $867M |
| NET CASH FROM INVESTING | -$26.1B |
| Net Debt Issuance | $38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$82M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $430M |
| Net Change in Cash | $9.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66.9B |
| Short-Term Investments | $27.3B |
| Net Receivables | $61.2B |
| Inventory | $41.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $196.9B |
| PP&E (Net) | $407.9B |
| Goodwill | $23.3B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $99.9B |
| TOTAL NON-CURRENT ASSETS | $531.1B |
| TOTAL ASSETS | $727.9B |
| Account Payables | $106.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $21.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $195.2B |
| Long-Term Debt | $50.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27.7B |
| TOTAL NON-CURRENT LIABILITIES | $163.1B |
| TOTAL LIABILITIES | $358.3B |
| Common Stock | $112M |
| Additional Paid-In Capital | $135.7B |
| Retained Earnings | $229.3B |
| Treasury Stock | -$7.8B |
| Accum. Other Comp. Income | $12.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $369.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $369.6B |
| TOTAL LIABILITIES & EQUITY | $727.9B |
| Total Debt | $135.4B |
| Net Debt | $68.5B |
