| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63.7B | $62.2B | $58.4B | 2.5% | 9.0% |
| Op. Income | $2.3B | $2.2B | $2.1B | 5.5% | 12.3% |
| Gross Margin | 12.5% | 12.9% | 12.5% | -0.4pp | 0.0pp |
| Net Margin | 2.8% | 2.9% | 3.0% | -0.1pp | -0.2pp |
| EPS (Diluted) | $4.02 | $4.04 | $3.92 | -0.5% | 2.6% |
| Free Cash Flow | $1.6B | $2.0B | -$300M | -19.3% | 637.0% |
| Item | Amount |
|---|---|
| REVENUE | $63.7B |
| Cost of Revenue | $55.7B |
| GROSS PROFIT | $8.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $5.7B |
| Cost & Expenses | $61.4B |
| OPERATING INCOME | $2.3B |
| Interest Income | $109M |
| Interest Expense | $36M |
| Other Income/Expenses | $106M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $634M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $552M |
| EBIT | $2.5B |
| EBITDA | $3.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $63.7B |
| Cost of Revenue | $55.7B |
| GROSS PROFIT | $8.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $5.7B |
| Cost & Expenses | $61.4B |
| OPERATING INCOME | $2.3B |
| Interest Income | $109M |
| Interest Expense | $36M |
| Other Income/Expenses | $106M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $634M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $552M |
| EBIT | $2.5B |
| EBITDA | $3.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $552M |
| Stock-Based Compensation | $151M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $58M |
| Change in Working Capital | $199M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $211M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | -$205M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$241M |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.4B |
| Short-Term Investments | $802M |
| Net Receivables | $3.1B |
| Inventory | $18.8B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $36.9B |
| PP&E (Net) | $32.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $36.3B |
| TOTAL ASSETS | $73.2B |
| Account Payables | $18.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.7B |
| TOTAL CURRENT LIABILITIES | $37.0B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $10.6B |
| TOTAL LIABILITIES | $47.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | $19.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.6B |
| TOTAL LIABILITIES & EQUITY | $73.2B |
| Total Debt | $8.0B |
| Net Debt | -$4.3B |
