| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.7B | $4.5B | 3.6% | 8.9% |
| Op. Income | $660M | $468M | $328M | 41.1% | 101.0% |
| Gross Margin | 37.0% | 35.6% | 33.7% | 1.5pp | 3.3pp |
| Net Margin | 9.3% | 7.9% | 6.0% | 1.4pp | 3.3pp |
| EPS (Diluted) | $0.95 | $0.74 | $0.54 | 28.5% | 76.5% |
| Free Cash Flow | $918M | -$708M | $998M | 229.6% | -8.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $41M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $660M |
| Interest Income | $45M |
| Interest Expense | $65M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $636M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $479M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $449M |
| Net Income Deductions | $380.4K |
| BOTTOM LINE NET INCOME | $449M |
| D&A | $637M |
| EBIT | $660M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $41M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $660M |
| Interest Income | $45M |
| Interest Expense | $65M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $636M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $479M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $449M |
| Net Income Deductions | $380.4K |
| BOTTOM LINE NET INCOME | $449M |
| D&A | $637M |
| EBIT | $660M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $495M |
| Depreciation & Amortization | $669M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $163M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $66M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$470M |
| Acquisitions (Net) | $36M |
| Purchases of Investments | -$234M |
| Sales/Maturities of Investments | $205M |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | -$470M |
| Net Debt Issuance | -$180M |
| Common Stock Repurchased | -$103M |
| Common Dividends Paid | -$195M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$469M |
| FREE CASH FLOW | $918M |
| Net Change in Cash | $446M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $769M |
| Net Receivables | $4.4B |
| Inventory | $301M |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $9.7B |
| PP&E (Net) | $10.4B |
| Goodwill | $0 |
| Intangible Assets | $1.2B |
| Long-Term Investments | $6.2B |
| Tax Assets | $421M |
| Other Non-Current Assets | $620M |
| TOTAL NON-CURRENT ASSETS | $18.8B |
| TOTAL ASSETS | $28.6B |
| Account Payables | $734M |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $41M |
| Other Current Liabilities | $5.0B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $144M |
| Deferred Tax Liabilities | $666M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $7.6B |
| TOTAL LIABILITIES | $15.8B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $978M |
| Retained Earnings | $6.0B |
| Treasury Stock | -$278M |
| Accum. Other Comp. Income | $3.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.6B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $12.8B |
| TOTAL LIABILITIES & EQUITY | $28.6B |
| Total Debt | $8.0B |
| Net Debt | $5.4B |
