| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.1B | $14.0B | $12.7B | 1.1% | 11.4% |
| Op. Income | $3.2B | $3.1B | $2.2B | 2.9% | 46.1% |
| Gross Margin | 65.6% | 65.1% | 65.1% | 0.5pp | 0.4pp |
| Net Margin | 17.6% | 17.4% | 14.8% | 0.3pp | 2.8pp |
| EPS (Diluted) | $0.62 | $0.61 | $0.46 | 1.6% | 34.8% |
| Free Cash Flow | $3.8B | $2.0B | $3.8B | 86.9% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $14.1B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $9.3B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $2.7B |
| General & Administrative | $739M |
| SG&A Expenses | $3.5B |
| Other Expenses | $278M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $3.2B |
| Interest Income | $250M |
| Interest Expense | $403M |
| Other Income/Expenses | -$255M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $456M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $626M |
| EBIT | $3.4B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.1B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $9.3B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $2.7B |
| General & Administrative | $739M |
| SG&A Expenses | $3.5B |
| Other Expenses | $278M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $3.2B |
| Interest Income | $250M |
| Interest Expense | $403M |
| Other Income/Expenses | -$255M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $456M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $626M |
| EBIT | $3.4B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $626M |
| Stock-Based Compensation | $945M |
| Deferred Income Tax | -$410M |
| Other Non-Cash Items | $67M |
| Change in Working Capital | $338M |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$261M |
| Acquisitions (Net) | -$34M |
| Purchases of Investments | -$933M |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $505M |
| Net Debt Issuance | -$1.7B |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | $577M |
| NET CASH FROM FINANCING | -$5.1B |
| FREE CASH FLOW | $3.8B |
| Net Change in Cash | -$590M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.2B |
| Short-Term Investments | $7.5B |
| Net Receivables | $8.2B |
| Inventory | $2.8B |
| Other Current Assets | $6.1B |
| TOTAL CURRENT ASSETS | $32.8B |
| PP&E (Net) | $2.1B |
| Goodwill | $59.0B |
| Intangible Assets | $9.6B |
| Long-Term Investments | $0 |
| Tax Assets | $7.0B |
| Other Non-Current Assets | $9.2B |
| TOTAL NON-CURRENT ASSETS | $87.0B |
| TOTAL ASSETS | $119.8B |
| Account Payables | $2.3B |
| Short-Term Debt | $6.4B |
| Deferred Revenue | $16.1B |
| Other Current Liabilities | $7.9B |
| TOTAL CURRENT LIABILITIES | $34.5B |
| Long-Term Debt | $22.9B |
| Deferred Revenue NC | $11.9B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.6B |
| TOTAL NON-CURRENT LIABILITIES | $39.4B |
| TOTAL LIABILITIES | $73.8B |
| Common Stock | $46.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $152M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $45.9B |
| TOTAL LIABILITIES & EQUITY | $119.8B |
| Total Debt | $29.3B |
| Net Debt | $21.1B |
