| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69.6B | $67.3B | $63.7B | 3.4% | 9.2% |
| Op. Income | $2.6B | $2.5B | $2.3B | 5.8% | 12.5% |
| Gross Margin | 12.8% | 13.1% | 12.5% | -0.3pp | 0.2pp |
| Net Margin | 2.9% | 3.0% | 2.8% | -0.0pp | 0.1pp |
| EPS (Diluted) | $4.58 | $4.50 | $4.02 | 1.8% | 13.9% |
| Free Cash Flow | $1.7B | $3.2B | $1.6B | -46.0% | 6.0% |
| Item | Amount |
|---|---|
| REVENUE | $69.6B |
| Cost of Revenue | $60.7B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.3B |
| Other Expenses | $0 |
| Operating Expenses | $6.3B |
| Cost & Expenses | $67.0B |
| OPERATING INCOME | $2.6B |
| Interest Income | $148M |
| Interest Expense | $33M |
| Other Income/Expenses | $115M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $686M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $597M |
| EBIT | $2.8B |
| EBITDA | $3.4B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $69.6B |
| Cost of Revenue | $60.7B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.3B |
| Other Expenses | $0 |
| Operating Expenses | $6.3B |
| Cost & Expenses | $67.0B |
| OPERATING INCOME | $2.6B |
| Interest Income | $148M |
| Interest Expense | $33M |
| Other Income/Expenses | $115M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $686M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $597M |
| EBIT | $2.8B |
| EBITDA | $3.4B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $597M |
| Stock-Based Compensation | $166M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.7B |
| Change in Working Capital | -$1.5B |
| OPERATING CASH FLOW | $3.0B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55M |
| Sales/Maturities of Investments | $170M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$209M |
| Common Dividends Paid | -$577M |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | -$730M |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.4B |
| Short-Term Investments | $857M |
| Net Receivables | $3.8B |
| Inventory | $19.0B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $43.1B |
| PP&E (Net) | $36.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.1B |
| TOTAL NON-CURRENT ASSETS | $40.5B |
| TOTAL ASSETS | $83.6B |
| Account Payables | $20.6B |
| Short-Term Debt | $72M |
| Deferred Revenue | $3.1B |
| Other Current Liabilities | $11.3B |
| TOTAL CURRENT LIABILITIES | $40.8B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $10.8B |
| TOTAL LIABILITIES | $51.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $8.6B |
| Retained Earnings | $25.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $32.1B |
| TOTAL LIABILITIES & EQUITY | $83.6B |
| Total Debt | $8.2B |
| Net Debt | -$9.1B |