| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52.1B | $44.0B | $42.6B | 18.5% | 22.4% |
| Op. Income | -$126M | $1.5B | $1.5B | -108.2% | -108.2% |
| Gross Margin | 15.9% | 15.9% | 15.8% | -0.0pp | 0.1pp |
| Net Margin | 1.7% | 3.6% | 4.3% | -1.9pp | -2.6pp |
| EPS (Diluted) | $0.60 | $1.05 | $1.20 | -42.3% | -49.5% |
| Free Cash Flow | $3.1B | -$3.0B | $6.9B | 203.8% | -54.9% |
| Item | Amount |
|---|---|
| REVENUE | $52.1B |
| Cost of Revenue | $43.8B |
| GROSS PROFIT | $8.3B |
| R&D Expenses | $774M |
| Selling & Marketing | $3.9B |
| General & Administrative | $477M |
| SG&A Expenses | $4.4B |
| Other Expenses | $3.2B |
| Operating Expenses | $8.4B |
| Cost & Expenses | $52.2B |
| OPERATING INCOME | -$126M |
| Interest Income | $0 |
| Interest Expense | $94M |
| Other Income/Expenses | $1.1B |
| INCOME BEFORE TAX | $979M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $980M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $903M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $903M |
| D&A | $307M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $903M |
| Depreciation & Amortization | $307M |
| Stock-Based Compensation | $242M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.1B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$443M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.6B |
| NET CASH FROM INVESTING | $1.2B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.8B |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | $2.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.0B |
| Short-Term Investments | $14.2B |
| Net Receivables | $6.4B |
| Inventory | $15.1B |
| Other Current Assets | $3.9B |
| TOTAL CURRENT ASSETS | $57.6B |
| PP&E (Net) | $17.7B |
| Goodwill | $3.8B |
| Intangible Assets | $6.5B |
| Long-Term Investments | $16.0B |
| Tax Assets | $421M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $45.7B |
| TOTAL ASSETS | $103.3B |
| Account Payables | $30.9B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $5.2B |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $47.1B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $63M |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $135M |
| TOTAL NON-CURRENT LIABILITIES | $12.7B |
| TOTAL LIABILITIES | $59.9B |
| Common Stock | $33.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33.2B |
| Minority Interest | $10.2B |
| TOTAL EQUITY | $43.4B |
| TOTAL LIABILITIES & EQUITY | $103.3B |
| Total Debt | $14.7B |
| Net Debt | -$2.3B |
