| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.0B | $14.5B | $15.8B | 16.8% | 7.7% |
| Op. Income | $3.1B | $1.8B | $2.4B | 74.8% | 26.8% |
| Gross Margin | 58.8% | 55.2% | 56.8% | 3.5pp | 2.0pp |
| Net Margin | 12.9% | 7.3% | 11.6% | 5.7pp | 1.3pp |
| EPS (Diluted) | $2.31 | $1.12 | $1.96 | 106.2% | 17.9% |
| Free Cash Flow | $1.5B | $4.0B | $1.6B | -62.5% | -8.1% |
| Item | Amount |
|---|---|
| REVENUE | $17.0B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $10.0B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $349M |
| General & Administrative | $4.3B |
| SG&A Expenses | $4.7B |
| Other Expenses | $122M |
| Operating Expenses | $6.9B |
| Cost & Expenses | $13.9B |
| OPERATING INCOME | $3.1B |
| Interest Income | $172M |
| Interest Expense | $510M |
| Other Income/Expenses | -$489M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $404M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $1.3B |
| EBIT | $3.1B |
| EBITDA | $4.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $17.0B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $10.0B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $349M |
| General & Administrative | $4.3B |
| SG&A Expenses | $4.7B |
| Other Expenses | $122M |
| Operating Expenses | $6.9B |
| Cost & Expenses | $13.9B |
| OPERATING INCOME | $3.1B |
| Interest Income | $172M |
| Interest Expense | $510M |
| Other Income/Expenses | -$489M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $404M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $1.3B |
| EBIT | $3.1B |
| EBITDA | $4.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $441M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$440M |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$210M |
| Acquisitions (Net) | -$746M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $4.0B |
| Other Investing Activities | -$127M |
| NET CASH FROM INVESTING | $1.7B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | $42M |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $865M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.9B |
| Short-Term Investments | $3.5B |
| Net Receivables | $12.7B |
| Inventory | $1.3B |
| Other Current Assets | $4.8B |
| TOTAL CURRENT ASSETS | $34.3B |
| PP&E (Net) | $9.3B |
| Goodwill | $67.5B |
| Intangible Assets | $12.3B |
| Long-Term Investments | $1.6B |
| Tax Assets | $8.5B |
| Other Non-Current Assets | $15.3B |
| TOTAL NON-CURRENT ASSETS | $114.3B |
| TOTAL ASSETS | $148.6B |
| Account Payables | $4.0B |
| Short-Term Debt | $8.9B |
| Deferred Revenue | $15.0B |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $37.7B |
| Long-Term Debt | $55.2B |
| Deferred Revenue NC | $3.9B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21.4B |
| TOTAL NON-CURRENT LIABILITIES | $83.3B |
| TOTAL LIABILITIES | $121.0B |
| Common Stock | $62.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $151.4B |
| Treasury Stock | -$170.2B |
| Accum. Other Comp. Income | -$16.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.5B |
| Minority Interest | $79M |
| TOTAL EQUITY | $27.6B |
| TOTAL LIABILITIES & EQUITY | $148.6B |
| Total Debt | $67.7B |
| Net Debt | $55.8B |
