| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.4B | $3.7B | $7.7B | 100.0% | -3.8% |
| Op. Income | $1.6B | $811M | $1.6B | 100.0% | 4.5% |
| Gross Margin | 64.5% | 64.5% | 63.8% | 0.0pp | 0.7pp |
| Net Margin | 14.7% | 14.7% | 12.8% | 0.0pp | 2.0pp |
| EPS (Diluted) | $0.24 | $0.12 | $0.22 | 102.2% | 12.5% |
| Free Cash Flow | $1.4B | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $206M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.9B |
| Other Expenses | $18M |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $174M |
| Other Income/Expenses | -$173M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $353M |
| 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 | $237M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $206M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.9B |
| Other Expenses | $18M |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $174M |
| Other Income/Expenses | -$173M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $353M |
| 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 | $237M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $237M |
| Stock-Based Compensation | $57M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $472M |
| Change in Working Capital | -$330M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$129M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$376M |
| NET CASH FROM INVESTING | -$505M |
| Net Debt Issuance | -$2.3B |
| Common Stock Repurchased | -$502M |
| Common Dividends Paid | -$560M |
| Other Financing Activities | -$400M |
| NET CASH FROM FINANCING | -$3.8B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$2.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $911M |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $1.5B |
| Other Current Assets | $262M |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $34.2B |
| Long-Term Investments | $81M |
| Tax Assets | $355M |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $37.3B |
| TOTAL ASSETS | $42.9B |
| Account Payables | $4.8B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $213M |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $10.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.3B |
| Other Non-Current Liabilities | $298M |
| TOTAL NON-CURRENT LIABILITIES | $14.9B |
| TOTAL LIABILITIES | $21.3B |
| Common Stock | $121M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $36.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.5B |
| Minority Interest | $77M |
| TOTAL EQUITY | $21.6B |
| TOTAL LIABILITIES & EQUITY | $42.9B |
| Total Debt | $11.4B |
| Net Debt | $10.5B |
