| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | $5.5B | — | 23.1% | — |
| Op. Income | $5.8B | $4.4B | — | 30.4% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 9.3% | 8.1% | — | 1.3pp | — |
| EPS (Diluted) | $1.02 | $2.40 | — | -57.5% | — |
| Free Cash Flow | $1.3B | $1.0B | — | 24.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $6.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $602M |
| General & Administrative | $370M |
| SG&A Expenses | $972M |
| Other Expenses | $0 |
| Operating Expenses | $972M |
| Cost & Expenses | $972M |
| OPERATING INCOME | $5.8B |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | -$4.9B |
| INCOME BEFORE TAX | $845M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $842M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $630M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $584M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $6.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $602M |
| General & Administrative | $370M |
| SG&A Expenses | $972M |
| Other Expenses | $0 |
| Operating Expenses | $972M |
| Cost & Expenses | $972M |
| OPERATING INCOME | $5.8B |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | -$4.9B |
| INCOME BEFORE TAX | $845M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $842M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $630M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $584M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $630M |
| Depreciation & Amortization | $332M |
| Stock-Based Compensation | $155M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | $1.1B |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$19.6B |
| NET CASH FROM INVESTING | -$19.6B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$331M |
| Other Financing Activities | $16.3B |
| NET CASH FROM FINANCING | $17.8B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$542M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $0 |
| Net Receivables | $10.0B |
| Inventory | $0 |
| Other Current Assets | -$10.0B |
| TOTAL CURRENT ASSETS | $191M |
| PP&E (Net) | $0 |
| Goodwill | $4.3B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$12.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $341.4B |
| Account Payables | $0 |
| Short-Term Debt | $499M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $351.0B |
| TOTAL CURRENT LIABILITIES | $351.5B |
| Long-Term Debt | $11.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $385.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $15.7B |
| Retained Earnings | $5.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.3B |
| Minority Interest | $14.5B |
| TOTAL EQUITY | $33.9B |
| TOTAL LIABILITIES & EQUITY | $419.6B |
| Total Debt | $0 |
| Net Debt | -$191M |
