| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.6B | $2.5B | -7.2% | -0.4% |
| Op. Income | $614M | $588M | $577M | 4.4% | 6.3% |
| Gross Margin | 64.3% | 64.2% | 74.1% | 0.1pp | -9.8pp |
| Net Margin | 19.0% | 24.0% | 15.8% | -5.0pp | 3.2pp |
| EPS (Diluted) | $3.17 | $4.35 | $2.66 | -27.1% | 19.2% |
| Free Cash Flow | $1.2B | $144M | $806M | 749.8% | 52.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $877M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $370M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $595M |
| Other Expenses | $0 |
| Operating Expenses | $964M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $614M |
| Interest Income | $32M |
| Interest Expense | $67M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $557M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $467M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $467M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $467M |
| D&A | $202M |
| EBIT | $625M |
| EBITDA | $827M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $877M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $370M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $595M |
| Other Expenses | $0 |
| Operating Expenses | $964M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $614M |
| Interest Income | $32M |
| Interest Expense | $67M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $557M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $467M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $467M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $467M |
| D&A | $202M |
| EBIT | $625M |
| EBITDA | $827M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $467M |
| Depreciation & Amortization | $202M |
| Stock-Based Compensation | $75M |
| Deferred Income Tax | $254M |
| Other Non-Cash Items | $101M |
| Change in Working Capital | $174M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$91M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $51M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$300.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$135M |
| NET CASH FROM FINANCING | -$130M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $98M |
| Net Receivables | $1.9B |
| Inventory | $2.2B |
| Other Current Assets | $917M |
| TOTAL CURRENT ASSETS | $8.9B |
| PP&E (Net) | $3.4B |
| Goodwill | $6.5B |
| Intangible Assets | $9.3B |
| Long-Term Investments | $730M |
| Tax Assets | $312M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $20.3B |
| TOTAL ASSETS | $29.2B |
| Account Payables | $413M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $358M |
| Other Non-Current Liabilities | $762M |
| TOTAL NON-CURRENT LIABILITIES | $7.7B |
| TOTAL LIABILITIES | $11.0B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $798M |
| Retained Earnings | $20.6B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$215M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $18.2B |
| TOTAL LIABILITIES & EQUITY | $29.2B |
| Total Debt | $6.6B |
| Net Debt | $2.7B |
