| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65.4B | — | $55.3B | — | 18.4% |
| Op. Income | $707M | — | $549M | — | 28.8% |
| Gross Margin | 3.4% | — | 3.5% | — | -0.1pp |
| Net Margin | 0.7% | — | 0.7% | — | -0.0pp |
| EPS (Diluted) | $1.97 | — | $1.65 | — | 19.4% |
| Free Cash Flow | $555M | — | -$499M | — | 211.2% |
| Item | Amount |
|---|---|
| REVENUE | $65.4B |
| Cost of Revenue | $63.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $64.7B |
| OPERATING INCOME | $707M |
| Interest Income | $0 |
| Interest Expense | $88M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $630M |
| Income Tax Expense | $159M |
| Net Income from Continuing Ops | $471M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $4M |
| NET INCOME | $471M |
| Net Income Deductions | $4M |
| BOTTOM LINE NET INCOME | $467M |
| D&A | $165M |
| EBIT | $542M |
| EBITDA | $707M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $65.4B |
| Cost of Revenue | $63.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $64.7B |
| OPERATING INCOME | $707M |
| Interest Income | $0 |
| Interest Expense | $88M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $630M |
| Income Tax Expense | $159M |
| Net Income from Continuing Ops | $471M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $4M |
| NET INCOME | $471M |
| Net Income Deductions | $4M |
| BOTTOM LINE NET INCOME | $467M |
| D&A | $165M |
| EBIT | $542M |
| EBITDA | $707M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $471M |
| Depreciation & Amortization | $234M |
| Stock-Based Compensation | $87M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $67M |
| Change in Working Capital | -$173M |
| OPERATING CASH FLOW | $686M |
| Capital Expenditure | -$131M |
| Acquisitions (Net) | -$1.9B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$383M |
| Common Dividends Paid | -$122M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$519M |
| FREE CASH FLOW | $555M |
| Net Change in Cash | -$1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $0 |
| Net Receivables | $13.7B |
| Inventory | $20.1B |
| Other Current Assets | $2.7B |
| TOTAL CURRENT ASSETS | $39.2B |
| PP&E (Net) | $2.9B |
| Goodwill | $11.6B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $18.9B |
| TOTAL ASSETS | $58.1B |
| Account Payables | $39.0B |
| Short-Term Debt | $680M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $43.3B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.1B |
| Other Non-Current Liabilities | $980M |
| TOTAL NON-CURRENT LIABILITIES | $17.5B |
| TOTAL LIABILITIES | $60.8B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | -$7.0B |
| Accum. Other Comp. Income | -$153M |
| Other Equity | $184M |
| TOTAL STOCKHOLDERS' EQUITY | -$2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2.7B |
| TOTAL LIABILITIES & EQUITY | $58.1B |
| Total Debt | $9.0B |
| Net Debt | $6.3B |
