| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.1B | $10.4B | $8.0B | -12.9% | 13.1% |
| Op. Income | -$2.2B | $3.7B | -$2.6B | -158.8% | 16.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 28.4% | 27.2% | 25.1% | 1.3pp | 3.4pp |
| EPS (Diluted) | $0.59 | $0.70 | $0.42 | -15.4% | 41.9% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $387M |
| General & Administrative | $10.8B |
| SG&A Expenses | $11.2B |
| Other Expenses | $0 |
| Operating Expenses | $11.2B |
| Cost & Expenses | $11.2B |
| OPERATING INCOME | -$2.2B |
| Interest Income | $19.9B |
| Interest Expense | $0 |
| Other Income/Expenses | $5.5B |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $744M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.6B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304.3B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $304.3B |
| PP&E (Net) | $4.7B |
| Goodwill | $0 |
| Intangible Assets | $11.0B |
| Long-Term Investments | $603.1B |
| Tax Assets | $7.1B |
| Other Non-Current Assets | $1.2T |
| TOTAL NON-CURRENT ASSETS | $1.9T |
| TOTAL ASSETS | $2.2T |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $854.6B |
| TOTAL CURRENT LIABILITIES | $854.6B |
| Long-Term Debt | $158.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0T |
| TOTAL NON-CURRENT LIABILITIES | $1.2T |
| TOTAL LIABILITIES | $2.1T |
| Common Stock | $5.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $77.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $18.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $102.3B |
| Minority Interest | $605M |
| TOTAL EQUITY | $102.9B |
| TOTAL LIABILITIES & EQUITY | $2.2T |
| Total Debt | $158.3B |
| Net Debt | -$146.0B |
