| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.8B | $3.9B | -2.0% | -3.5% |
| Op. Income | $629M | $692M | $654M | -9.1% | -3.8% |
| Gross Margin | 59.1% | 58.9% | 58.5% | 0.2pp | 0.6pp |
| Net Margin | 10.6% | 10.9% | 9.8% | -0.4pp | 0.8pp |
| EPS (Diluted) | $0.21 | $0.22 | $0.20 | -4.5% | 5.0% |
| Free Cash Flow | $196M | $533M | $190M | -63.2% | 3.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $85M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $629M |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $526M |
| Income Tax Expense | $128M |
| Net Income from Continuing Ops | $398M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $398M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $141M |
| EBIT | $619M |
| EBITDA | $760M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $85M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $629M |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $526M |
| Income Tax Expense | $128M |
| Net Income from Continuing Ops | $398M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $398M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $141M |
| EBIT | $619M |
| EBITDA | $760M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $398M |
| Depreciation & Amortization | $141M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$344M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $294M |
| Capital Expenditure | -$98M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $127M |
| Common Dividends Paid | -$398M |
| Other Financing Activities | $161M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $196M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $1.8B |
| Other Current Assets | $683M |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $2.1B |
| Goodwill | $9.4B |
| Intangible Assets | $8.7B |
| Long-Term Investments | $1M |
| Tax Assets | $237M |
| Other Non-Current Assets | $729M |
| TOTAL NON-CURRENT ASSETS | $21.2B |
| TOTAL ASSETS | $27.2B |
| Account Payables | $2.4B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $875M |
| TOTAL NON-CURRENT LIABILITIES | $10.5B |
| TOTAL LIABILITIES | $16.6B |
| Common Stock | $19M |
| Additional Paid-In Capital | $16.3B |
| Retained Earnings | -$136M |
| Treasury Stock | -$439M |
| Accum. Other Comp. Income | -$5.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.6B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $9.1B |
| Net Debt | $8.0B |
