| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.2B | $3.1B | 2.7% | 7.2% |
| Op. Income | $1.4B | $1.3B | $1.2B | 1.9% | 9.7% |
| Gross Margin | 61.4% | 61.3% | 60.3% | 0.2pp | 1.1pp |
| Net Margin | 34.7% | 34.9% | 26.8% | -0.2pp | 7.9pp |
| EPS (Diluted) | $8.68 | $8.47 | $6.13 | 2.5% | 41.6% |
| Free Cash Flow | $1.3B | $1.1B | $757M | 18.4% | 66.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $384M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $280M |
| Other Expenses | $0 |
| Operating Expenses | $664M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $185M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $99M |
| EBIT | $1.4B |
| EBITDA | $1.5B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $384M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $280M |
| Other Expenses | $0 |
| Operating Expenses | $664M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $185M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $99M |
| EBIT | $1.4B |
| EBITDA | $1.5B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $99M |
| Stock-Based Compensation | $74M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$106M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$862M |
| Sales/Maturities of Investments | $863M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$548M |
| Common Dividends Paid | -$250M |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | -$748M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $506M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $2.8B |
| Net Receivables | $2.2B |
| Inventory | $3.3B |
| Other Current Assets | $162M |
| TOTAL CURRENT ASSETS | $11.0B |
| PP&E (Net) | $1.6B |
| Goodwill | $1.8B |
| Intangible Assets | $348M |
| Long-Term Investments | $0 |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $765M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $16.7B |
| Account Payables | $425M |
| Short-Term Debt | $51M |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $6.1B |
| Deferred Revenue NC | $271M |
| Deferred Tax Liabilities | $453M |
| Other Non-Current Liabilities | $318M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $2.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $960.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $6.3B |
| Net Debt | $3.8B |
