| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.0B | — | $25.2B | — | 11.0% |
| Op. Income | $12.0B | — | $9.1B | — | 31.2% |
| Gross Margin | 42.8% | — | 36.7% | — | 6.1pp |
| Net Margin | 20.2% | — | 17.5% | — | 2.7pp |
| EPS (Diluted) | $2.22 | — | $1.74 | — | 27.6% |
| Free Cash Flow | $4.3B | — | $3.3B | — | 30.2% |
| Item | Amount |
|---|---|
| REVENUE | $28.0B |
| Cost of Revenue | $16.0B |
| GROSS PROFIT | $12.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$305M |
| Operating Expenses | -$305M |
| Cost & Expenses | $16.0B |
| OPERATING INCOME | $12.0B |
| Interest Income | $268M |
| Interest Expense | $424M |
| Other Income/Expenses | -$401M |
| INCOME BEFORE TAX | $11.6B |
| Income Tax Expense | $4.4B |
| Net Income from Continuing Ops | $7.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.6B |
| D&A | $2.9B |
| EBIT | $12.0B |
| EBITDA | $14.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $28.0B |
| Cost of Revenue | $16.0B |
| GROSS PROFIT | $12.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$305M |
| Operating Expenses | -$305M |
| Cost & Expenses | $16.0B |
| OPERATING INCOME | $12.0B |
| Interest Income | $268M |
| Interest Expense | $424M |
| Other Income/Expenses | -$401M |
| INCOME BEFORE TAX | $11.6B |
| Income Tax Expense | $4.4B |
| Net Income from Continuing Ops | $7.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.6B |
| D&A | $2.9B |
| EBIT | $12.0B |
| EBITDA | $14.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5.6B |
| Depreciation & Amortization | $2.9B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3.2B |
| Change in Working Capital | -$2.3B |
| OPERATING CASH FLOW | $9.4B |
| Capital Expenditure | -$5.1B |
| Acquisitions (Net) | $162M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$84M |
| NET CASH FROM INVESTING | -$6.5B |
| Net Debt Issuance | $2.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3.1B |
| Other Financing Activities | -$991M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $4.3B |
| Net Change in Cash | $1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.5B |
| Short-Term Investments | $349M |
| Net Receivables | $5.9B |
| Inventory | $5.8B |
| Other Current Assets | $425M |
| TOTAL CURRENT ASSETS | $25.9B |
| PP&E (Net) | $79.9B |
| Goodwill | $0 |
| Intangible Assets | $2.0B |
| Long-Term Investments | $5.5B |
| Tax Assets | $74M |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $90.1B |
| TOTAL ASSETS | $116.0B |
| Account Payables | $6.3B |
| Short-Term Debt | $3.4B |
| Deferred Revenue | $15M |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $24.6B |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | $3.8B |
| Other Non-Current Liabilities | $12.9B |
| TOTAL NON-CURRENT LIABILITIES | $44.8B |
| TOTAL LIABILITIES | $60.5B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $45.3B |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | $91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50.4B |
| Minority Interest | $5.1B |
| TOTAL EQUITY | $55.5B |
| TOTAL LIABILITIES & EQUITY | $116.0B |
| Total Debt | $31.5B |
| Net Debt | $18.1B |
