| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34.1B | $33.2B | $34.7B | 2.8% | -1.7% |
| Op. Income | $978M | $1.2B | $2.5B | -19.5% | -60.7% |
| Gross Margin | 20.3% | 20.4% | 21.3% | -0.1pp | -1.1pp |
| Net Margin | 2.9% | 2.2% | 5.6% | 0.7pp | -2.7pp |
| EPS (Diluted) | $0.74 | $0.51 | $1.23 | 43.3% | -40.0% |
| Free Cash Flow | $1.0B | $727M | -$683M | 38.8% | 247.6% |
| Item | Amount |
|---|---|
| REVENUE | $34.1B |
| Cost of Revenue | $27.2B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.9B |
| Other Expenses | $0 |
| Operating Expenses | $5.9B |
| Cost & Expenses | $33.1B |
| OPERATING INCOME | $978M |
| Interest Income | $303M |
| Interest Expense | $88M |
| Other Income/Expenses | $580M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $471M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $980M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $980M |
| D&A | $1.1B |
| EBIT | $978M |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $34.1B |
| Cost of Revenue | $27.2B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.9B |
| Other Expenses | $0 |
| Operating Expenses | $5.9B |
| Cost & Expenses | $33.1B |
| OPERATING INCOME | $978M |
| Interest Income | $303M |
| Interest Expense | $88M |
| Other Income/Expenses | $580M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $471M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $980M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $980M |
| D&A | $1.1B |
| EBIT | $978M |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $962M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $445M |
| Change in Working Capital | -$560M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$946M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$175M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $87M |
| Common Stock Repurchased | $79M |
| Common Dividends Paid | -$891M |
| Other Financing Activities | -$71M |
| NET CASH FROM FINANCING | -$795M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30.4B |
| Short-Term Investments | $1.2B |
| Net Receivables | $25.6B |
| Inventory | $15.2B |
| Other Current Assets | $5.2B |
| TOTAL CURRENT ASSETS | $77.5B |
| PP&E (Net) | $20.6B |
| Goodwill | $0 |
| Intangible Assets | $6.5B |
| Long-Term Investments | $15.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $85.9B |
| TOTAL NON-CURRENT ASSETS | $128.3B |
| TOTAL ASSETS | $205.8B |
| Account Payables | $9.9B |
| Short-Term Debt | $31.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.9B |
| TOTAL CURRENT LIABILITIES | $57.0B |
| Long-Term Debt | $52.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.9B |
| TOTAL NON-CURRENT LIABILITIES | $68.8B |
| TOTAL LIABILITIES | $125.7B |
| Common Stock | $539M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $70.8B |
| Treasury Stock | -$12.2B |
| Accum. Other Comp. Income | $17.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78.1B |
| Minority Interest | $2.0B |
| TOTAL EQUITY | $80.1B |
| TOTAL LIABILITIES & EQUITY | $205.8B |
| Total Debt | $84.9B |
| Net Debt | $54.5B |
