| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.1B | $5.1B | 7.5% | 8.0% |
| Op. Income | $1.7B | $1.4B | $1.4B | 21.6% | 18.8% |
| Gross Margin | 61.8% | 59.6% | 61.2% | 2.2pp | 0.6pp |
| Net Margin | 18.6% | 16.6% | 17.5% | 2.0pp | 1.1pp |
| EPS (Diluted) | $1.86 | $1.51 | $1.53 | 23.2% | 21.6% |
| Free Cash Flow | $1.2B | $313M | $993M | 278.9% | 19.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $3M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $1.7B |
| Interest Income | $11M |
| Interest Expense | $376M |
| Other Income/Expenses | -$420M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $246M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $824M |
| EBIT | $1.7B |
| EBITDA | $2.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $3M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $1.7B |
| Interest Income | $11M |
| Interest Expense | $376M |
| Other Income/Expenses | -$420M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $246M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $824M |
| EBIT | $1.7B |
| EBITDA | $2.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $802M |
| Stock-Based Compensation | $91M |
| Deferred Income Tax | -$178M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$134M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$479M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $474M |
| Other Investing Activities | -$303M |
| NET CASH FROM INVESTING | -$338M |
| Net Debt Issuance | $727M |
| Common Stock Repurchased | -$2.3B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$243M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | -$400M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $532M |
| Short-Term Investments | $0 |
| Net Receivables | $4.4B |
| Inventory | $0 |
| Other Current Assets | $19.0B |
| TOTAL CURRENT ASSETS | $26.5B |
| PP&E (Net) | $2.6B |
| Goodwill | $37.5B |
| Intangible Assets | $10.4B |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $55.1B |
| TOTAL ASSETS | $81.5B |
| Account Payables | $768M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $17.9B |
| TOTAL CURRENT LIABILITIES | $24.3B |
| Long-Term Debt | $26.7B |
| Deferred Revenue NC | $249M |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $953M |
| TOTAL NON-CURRENT LIABILITIES | $31.4B |
| TOTAL LIABILITIES | $55.8B |
| Common Stock | $8M |
| Additional Paid-In Capital | $23.0B |
| Retained Earnings | $25.5B |
| Treasury Stock | -$22.3B |
| Accum. Other Comp. Income | -$901M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.2B |
| Minority Interest | $548M |
| TOTAL EQUITY | $25.8B |
| TOTAL LIABILITIES & EQUITY | $81.5B |
| Total Debt | $29.7B |
| Net Debt | $29.2B |
