| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31.2B | $30.3B | — | 2.9% | — |
| Op. Income | $5.5B | $6.0B | — | -7.7% | — |
| Gross Margin | 59.4% | 61.3% | — | -1.9pp | — |
| Net Margin | 10.7% | 36.7% | — | -26.0pp | — |
| EPS (Diluted) | $0.90 | $2.97 | — | -69.7% | — |
| Free Cash Flow | $5.6B | $5.1B | — | 9.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $31.2B |
| Cost of Revenue | $12.7B |
| GROSS PROFIT | $18.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $2.2B |
| General & Administrative | $10.8B |
| SG&A Expenses | $13.0B |
| Other Expenses | $0 |
| Operating Expenses | $13.0B |
| Cost & Expenses | $25.7B |
| OPERATING INCOME | $5.5B |
| Interest Income | $0 |
| Interest Expense | $1.1B |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $4.0B |
| EBIT | $5.6B |
| EBITDA | $9.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $31.2B |
| Cost of Revenue | $12.7B |
| GROSS PROFIT | $18.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $2.2B |
| General & Administrative | $10.8B |
| SG&A Expenses | $13.0B |
| Other Expenses | $0 |
| Operating Expenses | $13.0B |
| Cost & Expenses | $25.7B |
| OPERATING INCOME | $5.5B |
| Interest Income | $0 |
| Interest Expense | $1.1B |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $4.0B |
| EBIT | $5.6B |
| EBITDA | $9.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $4.0B |
| Stock-Based Compensation | $311M |
| Deferred Income Tax | $694M |
| Other Non-Cash Items | $133M |
| Change in Working Capital | $204M |
| OPERATING CASH FLOW | $8.7B |
| Capital Expenditure | -$3.1B |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$94M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | -$3.8B |
| Net Debt Issuance | -$2.5B |
| Common Stock Repurchased | -$1.6B |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | $42M |
| NET CASH FROM FINANCING | -$5.2B |
| FREE CASH FLOW | $5.6B |
| Net Change in Cash | -$362M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.3B |
| Short-Term Investments | $22M |
| Net Receivables | $13.2B |
| Inventory | $0 |
| Other Current Assets | $6.3B |
| TOTAL CURRENT ASSETS | $28.9B |
| PP&E (Net) | $64.8B |
| Goodwill | $61.4B |
| Intangible Assets | $23.4B |
| Long-Term Investments | $9.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $85.0B |
| TOTAL NON-CURRENT ASSETS | $244.1B |
| TOTAL ASSETS | $273.0B |
| Account Payables | $11.7B |
| Short-Term Debt | $5.9B |
| Deferred Revenue | $4.2B |
| Other Current Liabilities | $10.9B |
| TOTAL CURRENT LIABILITIES | $32.7B |
| Long-Term Debt | $93.2B |
| Deferred Revenue NC | $724M |
| Deferred Tax Liabilities | $28.4B |
| Other Non-Current Liabilities | $20.4B |
| TOTAL NON-CURRENT LIABILITIES | $142.7B |
| TOTAL LIABILITIES | $175.6B |
| Common Stock | $45M |
| Additional Paid-In Capital | $37.8B |
| Retained Earnings | $66.9B |
| Treasury Stock | -$7.5B |
| Accum. Other Comp. Income | -$90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $97.1B |
| Minority Interest | $220M |
| TOTAL EQUITY | $97.6B |
| TOTAL LIABILITIES & EQUITY | $273.0B |
| Total Debt | $99.1B |
| Net Debt | $89.7B |
