| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94.2B | $95.0B | $98.1B | -0.8% | -3.9% |
| Op. Income | $13.6B | $16.7B | $23.2B | -18.1% | -41.1% |
| Gross Margin | 23.0% | 24.6% | 10.3% | -1.6pp | 12.8pp |
| Net Margin | 20.4% | 32.4% | 20.1% | -12.1pp | 0.3pp |
| EPS (Diluted) | $13349.00 | $21412.00 | $13695.00 | -37.7% | -2.5% |
| Free Cash Flow | $5.0B | $8.2B | -$726M | -39.2% | 787.3% |
| Item | Amount |
|---|---|
| REVENUE | $94.2B |
| Cost of Revenue | $72.5B |
| GROSS PROFIT | $21.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8.0B |
| Other Expenses | $0 |
| Operating Expenses | $8.0B |
| Cost & Expenses | $80.6B |
| OPERATING INCOME | $13.6B |
| Interest Income | $0 |
| Interest Expense | $1.3B |
| Other Income/Expenses | $10.8B |
| INCOME BEFORE TAX | $24.5B |
| Income Tax Expense | $5.2B |
| Net Income from Continuing Ops | $19.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19.2B |
| D&A | $3.5B |
| EBIT | $13.6B |
| EBITDA | $17.2B |
| EPS | $13.3K |
| EPS Diluted | $13.3K |
| Item | Amount |
|---|---|
| REVENUE | $94.2B |
| Cost of Revenue | $72.5B |
| GROSS PROFIT | $21.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8.0B |
| Other Expenses | $0 |
| Operating Expenses | $8.0B |
| Cost & Expenses | $80.6B |
| OPERATING INCOME | $13.6B |
| Interest Income | $0 |
| Interest Expense | $1.3B |
| Other Income/Expenses | $10.8B |
| INCOME BEFORE TAX | $24.5B |
| Income Tax Expense | $5.2B |
| Net Income from Continuing Ops | $19.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19.2B |
| D&A | $3.5B |
| EBIT | $13.6B |
| EBITDA | $17.2B |
| EPS | $13.3K |
| EPS Diluted | $13.3K |
| Item | Amount |
|---|---|
| Net Income | $19.2B |
| Depreciation & Amortization | $3.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13.4B |
| Change in Working Capital | $1.9B |
| OPERATING CASH FLOW | $11.2B |
| Capital Expenditure | -$6.2B |
| Acquisitions (Net) | -$1.1B |
| Purchases of Investments | -$145.2B |
| Sales/Maturities of Investments | $113.3B |
| Other Investing Activities | $815M |
| NET CASH FROM INVESTING | -$38.4B |
| Net Debt Issuance | $2.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$63M |
| NET CASH FROM FINANCING | $2.5B |
| FREE CASH FLOW | $5.0B |
| Net Change in Cash | -$24.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51.9B |
| Short-Term Investments | $321.4B |
| Net Receivables | $78.6B |
| Inventory | $24.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $476.3B |
| PP&E (Net) | $241.2B |
| Goodwill | $83.1B |
| Intangible Assets | $34.8B |
| Long-Term Investments | $336.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $50.4B |
| TOTAL NON-CURRENT ASSETS | $745.9B |
| TOTAL ASSETS | $1.2T |
| Account Payables | $57.3B |
| Short-Term Debt | $13.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $70.5B |
| Long-Term Debt | $120.8B |
| Deferred Revenue NC | $31.3B |
| Deferred Tax Liabilities | $87.0B |
| Other Non-Current Liabilities | $188.0B |
| TOTAL NON-CURRENT LIABILITIES | $431.9B |
| TOTAL LIABILITIES | $502.5B |
| Common Stock | $8M |
| Additional Paid-In Capital | $35.6B |
| Retained Earnings | $763.2B |
| Treasury Stock | -$78.9B |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $717.4B |
| Minority Interest | $2.3B |
| TOTAL EQUITY | $719.7B |
| TOTAL LIABILITIES & EQUITY | $1.2T |
| Total Debt | $139.0B |
| Net Debt | $87.1B |
