| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.0B | $23.5B | $22.2B | 2.3% | 8.3% |
| Op. Income | $1.3B | $1.4B | $1.5B | -2.2% | -8.4% |
| Gross Margin | 26.0% | 26.4% | 21.3% | -0.4pp | 4.6pp |
| Net Margin | 4.4% | 4.1% | 4.1% | 0.3pp | 0.3pp |
| EPS (Diluted) | $4.35 | $3.93 | $3.76 | 10.7% | 15.7% |
| Free Cash Flow | $1.0B | $1.2B | $1.0B | -13.1% | 2.3% |
| Item | Amount |
|---|---|
| REVENUE | $24.0B |
| Cost of Revenue | $17.8B |
| GROSS PROFIT | $6.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4.9B |
| Operating Expenses | $4.9B |
| Cost & Expenses | $22.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $207M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.1B |
| EBIT | $1.3B |
| EBITDA | $2.5B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $24.0B |
| Cost of Revenue | $17.8B |
| GROSS PROFIT | $6.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4.9B |
| Operating Expenses | $4.9B |
| Cost & Expenses | $22.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $207M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.1B |
| EBIT | $1.3B |
| EBITDA | $2.5B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $969M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$955M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$101M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$955M |
| Net Debt Issuance | $3.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$341M |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | $4.0B |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $5.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.0B |
| Short-Term Investments | $0 |
| Net Receivables | $11.8B |
| Inventory | $631M |
| Other Current Assets | $3.7B |
| TOTAL CURRENT ASSETS | $25.5B |
| PP&E (Net) | $41.5B |
| Goodwill | $6.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21.0B |
| TOTAL NON-CURRENT ASSETS | $69.3B |
| TOTAL ASSETS | $94.7B |
| Account Payables | $4.2B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17.3B |
| Long-Term Debt | $22.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.8B |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $47.6B |
| TOTAL LIABILITIES | $64.9B |
| Common Stock | $32M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $42.9B |
| Treasury Stock | -$16.5B |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.8B |
| TOTAL LIABILITIES & EQUITY | $94.7B |
| Total Debt | $42.0B |
| Net Debt | $34.0B |
