| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.5B | $12.5B | $11.9B | -0.6% | 5.1% |
| Op. Income | $4.0B | $4.3B | $2.5B | -7.0% | 58.6% |
| Gross Margin | 61.5% | 62.4% | 60.7% | -0.9pp | 0.8pp |
| Net Margin | 29.7% | 30.4% | 24.0% | -0.7pp | 5.6pp |
| EPS (Diluted) | $0.86 | $0.88 | $0.66 | -2.3% | 30.3% |
| Free Cash Flow | $4.6B | $3.4B | -$1.7B | 35.5% | 364.1% |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $0 |
| Selling & Marketing | -$663M |
| General & Administrative | $4.3B |
| SG&A Expenses | $3.6B |
| Other Expenses | $58M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $8.5B |
| OPERATING INCOME | $4.0B |
| Interest Income | $185M |
| Interest Expense | $391M |
| Other Income/Expenses | $201M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $500M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $268M |
| EBIT | $4.6B |
| EBITDA | $4.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $0 |
| Selling & Marketing | -$663M |
| General & Administrative | $4.3B |
| SG&A Expenses | $3.6B |
| Other Expenses | $58M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $8.5B |
| OPERATING INCOME | $4.0B |
| Interest Income | $185M |
| Interest Expense | $391M |
| Other Income/Expenses | $201M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $500M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $268M |
| EBIT | $4.6B |
| EBITDA | $4.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $268M |
| Stock-Based Compensation | $74M |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | -$208M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $5.0B |
| Capital Expenditure | -$479M |
| Acquisitions (Net) | -$177M |
| Purchases of Investments | -$427M |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | $192M |
| NET CASH FROM INVESTING | $1.3B |
| Net Debt Issuance | $688M |
| Common Stock Repurchased | -$172M |
| Common Dividends Paid | -$2.1B |
| Other Financing Activities | -$1.6B |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | $4.6B |
| Net Change in Cash | $3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.7B |
| Short-Term Investments | $3.0B |
| Net Receivables | $3.9B |
| Inventory | $4.8B |
| Other Current Assets | $2.7B |
| TOTAL CURRENT ASSETS | $27.2B |
| PP&E (Net) | $10.9B |
| Goodwill | $18.7B |
| Intangible Assets | $13.5B |
| Long-Term Investments | $20.3B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $14.1B |
| TOTAL NON-CURRENT ASSETS | $78.8B |
| TOTAL ASSETS | $106.0B |
| Account Payables | $17.7B |
| Short-Term Debt | $4.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22.5B |
| Long-Term Debt | $43.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $4.7B |
| TOTAL NON-CURRENT LIABILITIES | $50.3B |
| TOTAL LIABILITIES | $72.8B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $20.5B |
| Retained Earnings | $80.3B |
| Treasury Stock | -$56.4B |
| Accum. Other Comp. Income | -$15.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31.2B |
| Minority Interest | $2.0B |
| TOTAL EQUITY | $33.3B |
| TOTAL LIABILITIES & EQUITY | $106.0B |
| Total Debt | $47.4B |
| Net Debt | $34.7B |
