| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.0B | $13.8B | $12.8B | 1.1% | 9.4% |
| Op. Income | $3.1B | $2.4B | $3.1B | 32.0% | 0.5% |
| Gross Margin | 65.1% | 65.9% | 64.2% | -0.8pp | 0.9pp |
| Net Margin | 17.4% | 19.6% | 20.6% | -2.2pp | -3.2pp |
| EPS (Diluted) | $0.61 | $0.68 | $0.65 | -10.3% | -6.2% |
| Free Cash Flow | $2.0B | $3.4B | $638M | -41.0% | 218.3% |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $2.7B |
| General & Administrative | $752M |
| SG&A Expenses | $3.4B |
| Other Expenses | $275M |
| Operating Expenses | $6.0B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $3.1B |
| Interest Income | $238M |
| Interest Expense | $404M |
| Other Income/Expenses | -$226M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $459M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $761M |
| EBIT | $3.3B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $2.7B |
| General & Administrative | $752M |
| SG&A Expenses | $3.4B |
| Other Expenses | $275M |
| Operating Expenses | $6.0B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $3.1B |
| Interest Income | $238M |
| Interest Expense | $404M |
| Other Income/Expenses | -$226M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $459M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $761M |
| EBIT | $3.3B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $761M |
| Stock-Based Compensation | $921M |
| Deferred Income Tax | -$101M |
| Other Non-Cash Items | $63M |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$210M |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | -$581M |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $1.0B |
| Net Debt Issuance | -$943M |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$654M |
| NET CASH FROM FINANCING | -$3.9B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | -$700M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.6B |
| Short-Term Investments | $8.3B |
| Net Receivables | $8.7B |
| Inventory | $2.9B |
| Other Current Assets | $6.2B |
| TOTAL CURRENT ASSETS | $34.7B |
| PP&E (Net) | $2.0B |
| Goodwill | $58.7B |
| Intangible Assets | $10.1B |
| Long-Term Investments | $0 |
| Tax Assets | $6.6B |
| Other Non-Current Assets | $9.3B |
| TOTAL NON-CURRENT ASSETS | $86.7B |
| TOTAL ASSETS | $121.4B |
| Account Payables | $1.9B |
| Short-Term Debt | $11.4B |
| Deferred Revenue | $16.0B |
| Other Current Liabilities | $8.8B |
| TOTAL CURRENT LIABILITIES | $40.0B |
| Long-Term Debt | $19.6B |
| Deferred Revenue NC | $11.8B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $35.8B |
| TOTAL LIABILITIES | $75.8B |
| Common Stock | $46.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $502M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $45.5B |
| TOTAL LIABILITIES & EQUITY | $121.4B |
| Total Debt | $31.0B |
| Net Debt | $22.5B |
