| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | — | $5.6B | — | 0.8% |
| Op. Income | $746M | — | $932M | — | -20.0% |
| Gross Margin | 16.4% | — | 18.3% | — | -1.8pp |
| Net Margin | 10.4% | — | 11.0% | — | -0.6pp |
| EPS (Diluted) | $0.70 | — | $0.70 | — | 0.0% |
| Free Cash Flow | $828M | — | $1.0B | — | -19.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $930M |
| R&D Expenses | $411M |
| Selling & Marketing | $0 |
| General & Administrative | $59M |
| SG&A Expenses | $59M |
| Other Expenses | -$286M |
| Operating Expenses | $184M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $746M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $635M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $589M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $589M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $589M |
| D&A | $290M |
| EBIT | $843M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $930M |
| R&D Expenses | $411M |
| Selling & Marketing | $0 |
| General & Administrative | $59M |
| SG&A Expenses | $59M |
| Other Expenses | -$286M |
| Operating Expenses | $184M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $746M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $635M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $589M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $589M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $589M |
| D&A | $290M |
| EBIT | $843M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $589M |
| Depreciation & Amortization | $290M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $562M |
| Change in Working Capital | -$276M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$337M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$94M |
| Sales/Maturities of Investments | $216M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$199M |
| Net Debt Issuance | -$389M |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$143M |
| Other Financing Activities | $768M |
| NET CASH FROM FINANCING | -$771M |
| FREE CASH FLOW | $828M |
| Net Change in Cash | $180M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $4.9B |
| Inventory | $3.0B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $11.4B |
| PP&E (Net) | $6.2B |
| Goodwill | $2.9B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $2.3B |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $25.0B |
| Account Payables | $3.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $8.9B |
| TOTAL LIABILITIES | $14.5B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $112M |
| Retained Earnings | $15.0B |
| Treasury Stock | -$7.0B |
| Accum. Other Comp. Income | -$363M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.5B |
| Minority Interest | $44M |
| TOTAL EQUITY | $10.5B |
| TOTAL LIABILITIES & EQUITY | $25.0B |
| Total Debt | $8.1B |
| Net Debt | $5.9B |
