| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.3B | $9.1B | $8.6B | 2.1% | 8.4% |
| Op. Income | $1.8B | $1.7B | $1.5B | 4.3% | 20.8% |
| Gross Margin | 76.8% | 76.3% | 75.4% | 0.5pp | 1.4pp |
| Net Margin | 15.3% | 16.8% | 14.7% | -1.5pp | 0.6pp |
| EPS (Diluted) | $1.47 | $1.56 | $1.28 | -5.8% | 14.8% |
| Free Cash Flow | $755M | $6.1B | $628M | -87.6% | 20.2% |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $7.2B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $3.2B |
| General & Administrative | $711M |
| SG&A Expenses | $3.9B |
| Other Expenses | $99M |
| Operating Expenses | $5.4B |
| Cost & Expenses | $7.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $408M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $907M |
| EBIT | $1.9B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $7.2B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $3.2B |
| General & Administrative | $711M |
| SG&A Expenses | $3.9B |
| Other Expenses | $99M |
| Operating Expenses | $5.4B |
| Cost & Expenses | $7.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $408M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $907M |
| EBIT | $1.9B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $907M |
| Stock-Based Compensation | $810M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $563M |
| Change in Working Capital | -$2.8B |
| OPERATING CASH FLOW | $892M |
| Capital Expenditure | -$137M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$654M |
| Sales/Maturities of Investments | $3.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2.6B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$4.3B |
| Common Dividends Paid | -$384M |
| Other Financing Activities | $202M |
| NET CASH FROM FINANCING | -$5.8B |
| FREE CASH FLOW | $755M |
| Net Change in Cash | -$2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.7B |
| Short-Term Investments | $5.0B |
| Net Receivables | $5.4B |
| Inventory | $0 |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $21.9B |
| PP&E (Net) | $5.7B |
| Goodwill | $48.9B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $5.0B |
| Tax Assets | $4.0B |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $70.3B |
| TOTAL ASSETS | $92.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $15.2B |
| Other Current Liabilities | $5.2B |
| TOTAL CURRENT LIABILITIES | $21.0B |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $13.5B |
| TOTAL LIABILITIES | $34.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $62.1B |
| Retained Earnings | $13.9B |
| Treasury Stock | -$18.2B |
| Accum. Other Comp. Income | -$236M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $57.6B |
| TOTAL LIABILITIES & EQUITY | $92.2B |
| Total Debt | $11.4B |
| Net Debt | $3.7B |
