| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.7B | $21.9B | $22.4B | 8.5% | 5.8% |
| Op. Income | $6.8B | $6.3B | $6.7B | 8.1% | 2.3% |
| Gross Margin | 67.9% | 66.4% | 69.4% | 1.5pp | -1.5pp |
| Net Margin | 23.3% | 50.2% | 20.9% | -26.9pp | 2.4pp |
| EPS (Diluted) | $2.29 | $4.54 | $1.93 | -49.6% | 18.7% |
| Free Cash Flow | $2.5B | $3.4B | $4.7B | -26.3% | -46.7% |
| Item | Amount |
|---|---|
| REVENUE | $23.7B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $16.1B |
| R&D Expenses | $3.5B |
| Selling & Marketing | $0 |
| General & Administrative | $5.8B |
| SG&A Expenses | $5.8B |
| Other Expenses | $0 |
| Operating Expenses | $9.3B |
| Cost & Expenses | $16.9B |
| OPERATING INCOME | $6.8B |
| Interest Income | $260M |
| Interest Expense | $308M |
| Other Income/Expenses | -$319M |
| INCOME BEFORE TAX | $6.5B |
| Income Tax Expense | $954M |
| Net Income from Continuing Ops | $5.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.5B |
| D&A | $1.9B |
| EBIT | $6.8B |
| EBITDA | $8.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $23.7B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $16.1B |
| R&D Expenses | $3.5B |
| Selling & Marketing | $0 |
| General & Administrative | $5.8B |
| SG&A Expenses | $5.8B |
| Other Expenses | $0 |
| Operating Expenses | $9.3B |
| Cost & Expenses | $16.9B |
| OPERATING INCOME | $6.8B |
| Interest Income | $260M |
| Interest Expense | $308M |
| Other Income/Expenses | -$319M |
| INCOME BEFORE TAX | $6.5B |
| Income Tax Expense | $954M |
| Net Income from Continuing Ops | $5.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.5B |
| D&A | $1.9B |
| EBIT | $6.8B |
| EBITDA | $8.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5.5B |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $410M |
| Deferred Income Tax | $825M |
| Other Non-Cash Items | $84M |
| Change in Working Capital | -$4.9B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | -$14.5B |
| Purchases of Investments | -$2.9B |
| Sales/Maturities of Investments | $735M |
| Other Investing Activities | -$634M |
| NET CASH FROM INVESTING | -$18.3B |
| Net Debt Issuance | -$2.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3.1B |
| Other Financing Activities | -$267M |
| NET CASH FROM FINANCING | -$5.7B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$19.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.6B |
| Short-Term Investments | $303M |
| Net Receivables | $17.8B |
| Inventory | $13.4B |
| Other Current Assets | $4.4B |
| TOTAL CURRENT ASSETS | $54.5B |
| PP&E (Net) | $21.9B |
| Goodwill | $48.1B |
| Intangible Assets | $49.8B |
| Long-Term Investments | $0 |
| Tax Assets | $6.8B |
| Other Non-Current Assets | $12.2B |
| TOTAL NON-CURRENT ASSETS | $138.9B |
| TOTAL ASSETS | $193.4B |
| Account Payables | $9.5B |
| Short-Term Debt | $11.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $54.2B |
| Long-Term Debt | $39.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.8B |
| Other Non-Current Liabilities | $17.7B |
| TOTAL NON-CURRENT LIABILITIES | $60.7B |
| TOTAL LIABILITIES | $114.9B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $165.4B |
| Treasury Stock | -$75.7B |
| Accum. Other Comp. Income | -$14.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $78.5B |
| TOTAL LIABILITIES & EQUITY | $193.4B |
| Total Debt | $50.8B |
| Net Debt | $32.2B |
