| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.4B | — | $7.5B | — | -0.4% |
| Op. Income | $1.7B | — | $1.4B | — | 18.5% |
| Gross Margin | 65.0% | — | 61.4% | — | 3.6pp |
| Net Margin | 15.5% | — | 12.9% | — | 2.6pp |
| EPS (Diluted) | $0.26 | — | $0.22 | — | 18.8% |
| Free Cash Flow | $1.7B | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $218M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.9B |
| Other Expenses | $0 |
| Operating Expenses | $3.2B |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $1.7B |
| Interest Income | $42M |
| Interest Expense | $220M |
| Other Income/Expenses | -$243M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $281M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $247M |
| EBIT | $1.7B |
| 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 | $218M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.9B |
| Other Expenses | $0 |
| Operating Expenses | $3.2B |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $1.7B |
| Interest Income | $42M |
| Interest Expense | $220M |
| Other Income/Expenses | -$243M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $281M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $247M |
| EBIT | $1.7B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $247M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $79M |
| Change in Working Capital | $522M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$307M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$402M |
| Net Debt Issuance | -$48M |
| Common Stock Repurchased | -$394M |
| Common Dividends Paid | -$282M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$713M |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $855M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $1.4B |
| Other Current Assets | $105M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $2.7B |
| Goodwill | $34.5B |
| Intangible Assets | $0 |
| Long-Term Investments | $102M |
| Tax Assets | $389M |
| Other Non-Current Assets | $141M |
| TOTAL NON-CURRENT ASSETS | $37.8B |
| TOTAL ASSETS | $43.9B |
| Account Payables | $5.0B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $10.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.3B |
| Other Non-Current Liabilities | $293M |
| TOTAL NON-CURRENT LIABILITIES | $15.1B |
| TOTAL LIABILITIES | $21.7B |
| Common Stock | $121M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $37.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$15.5B |
| TOTAL STOCKHOLDERS' EQUITY | $22.1B |
| Minority Interest | $79M |
| TOTAL EQUITY | $22.2B |
| TOTAL LIABILITIES & EQUITY | $43.9B |
| Total Debt | $11.6B |
| Net Debt | $9.8B |
