| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | — | $4.4B | — | 1.3% |
| Op. Income | $1.1B | — | $1.1B | — | -0.7% |
| Gross Margin | 70.8% | — | 70.9% | — | -0.1pp |
| Net Margin | 75.1% | — | -20.0% | — | 95.0pp |
| EPS (Diluted) | $3.53 | — | $-0.99 | — | 455.1% |
| Free Cash Flow | $745M | — | $639M | — | 16.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $712M |
| SG&A Expenses | $712M |
| Other Expenses | $1.4B |
| Operating Expenses | $2.1B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $1.1B |
| Interest Income | $15M |
| Interest Expense | $334M |
| Other Income/Expenses | $2.6B |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $362M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $957M |
| EBIT | $4.0B |
| EBITDA | $5.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $712M |
| SG&A Expenses | $712M |
| Other Expenses | $1.4B |
| Operating Expenses | $2.1B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $1.1B |
| Interest Income | $15M |
| Interest Expense | $334M |
| Other Income/Expenses | $2.6B |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $362M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $957M |
| EBIT | $4.0B |
| EBITDA | $5.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $957M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $362M |
| Other Non-Cash Items | -$3.3B |
| Change in Working Capital | $82M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$653M |
| Acquisitions (Net) | -$3.5B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3.4B |
| Other Investing Activities | -$106M |
| NET CASH FROM INVESTING | -$884M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$298M |
| Other Financing Activities | -$131M |
| NET CASH FROM FINANCING | -$549M |
| FREE CASH FLOW | $745M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $340M |
| Short-Term Investments | $0 |
| Net Receivables | $3.4B |
| Inventory | $276M |
| Other Current Assets | $894M |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $23.9B |
| Goodwill | $10.6B |
| Intangible Assets | $11.8B |
| Long-Term Investments | $270M |
| Tax Assets | $176M |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $52.3B |
| TOTAL ASSETS | $57.4B |
| Account Payables | $3.1B |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $539M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $8.9B |
| Long-Term Debt | $25.7B |
| Deferred Revenue NC | $276M |
| Deferred Tax Liabilities | $4.0B |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $31.9B |
| TOTAL LIABILITIES | $40.8B |
| Common Stock | $15.7B |
| Additional Paid-In Capital | $965M |
| Retained Earnings | -$3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $270M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.4B |
| Minority Interest | $219M |
| TOTAL EQUITY | $16.6B |
| TOTAL LIABILITIES & EQUITY | $57.4B |
| Total Debt | $29.9B |
| Net Debt | $29.6B |
