| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.5B | $11.1B | $12.4B | 12.6% | 1.4% |
| Op. Income | $4.3B | $3.7B | $2.6B | 17.0% | 62.6% |
| Gross Margin | 62.4% | 62.6% | 61.1% | -0.2pp | 1.3pp |
| Net Margin | 30.4% | 29.9% | 19.5% | 0.5pp | 10.9pp |
| EPS (Diluted) | $0.88 | $0.77 | $0.56 | 14.3% | 57.1% |
| Free Cash Flow | $3.4B | -$5.5B | $3.2B | 161.1% | 6.5% |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $2.1B |
| SG&A Expenses | $3.5B |
| Other Expenses | $71M |
| Operating Expenses | $3.5B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $4.3B |
| Interest Income | $188M |
| Interest Expense | $445M |
| Other Income/Expenses | $516M |
| INCOME BEFORE TAX | $4.8B |
| Income Tax Expense | $993M |
| Net Income from Continuing Ops | $3.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $279M |
| EBIT | $5.2B |
| EBITDA | $5.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $2.1B |
| SG&A Expenses | $3.5B |
| Other Expenses | $71M |
| Operating Expenses | $3.5B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $4.3B |
| Interest Income | $188M |
| Interest Expense | $445M |
| Other Income/Expenses | $516M |
| INCOME BEFORE TAX | $4.8B |
| Income Tax Expense | $993M |
| Net Income from Continuing Ops | $3.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $279M |
| EBIT | $5.2B |
| EBITDA | $5.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.8B |
| Depreciation & Amortization | $279M |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | $364M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$710M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$442M |
| Acquisitions (Net) | -$885M |
| Purchases of Investments | -$358M |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | $305M |
| NET CASH FROM INVESTING | $789M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | -$102M |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$3.4B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.6B |
| Short-Term Investments | $4.7B |
| Net Receivables | $4.2B |
| Inventory | $5.1B |
| Other Current Assets | $3.1B |
| TOTAL CURRENT ASSETS | $26.6B |
| PP&E (Net) | $10.8B |
| Goodwill | $18.7B |
| Intangible Assets | $13.6B |
| Long-Term Investments | $19.4B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $14.0B |
| TOTAL NON-CURRENT ASSETS | $77.7B |
| TOTAL ASSETS | $104.3B |
| Account Payables | $17.0B |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21.9B |
| Long-Term Debt | $45.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $4.9B |
| TOTAL NON-CURRENT LIABILITIES | $52.2B |
| TOTAL LIABILITIES | $74.2B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $20.0B |
| Retained Earnings | $78.8B |
| Treasury Stock | -$56.2B |
| Accum. Other Comp. Income | -$15.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28.6B |
| Minority Interest | $1.6B |
| TOTAL EQUITY | $30.2B |
| TOTAL LIABILITIES & EQUITY | $104.3B |
| Total Debt | $49.4B |
| Net Debt | $39.9B |
