| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.4B | $5.1B | $5.3B | 5.7% | 2.4% |
| Op. Income | $584M | $559M | $511M | 4.5% | 14.3% |
| Gross Margin | 21.3% | 22.9% | 22.0% | -1.5pp | -0.7pp |
| Net Margin | 8.4% | 7.5% | 6.9% | 0.9pp | 1.5pp |
| EPS (Diluted) | $2.44 | $2.04 | $1.92 | 19.6% | 27.1% |
| Free Cash Flow | $552M | -$101M | $657M | 646.5% | -16.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $132M |
| Selling & Marketing | $120M |
| General & Administrative | $322M |
| SG&A Expenses | $442M |
| Other Expenses | $0 |
| Operating Expenses | $574M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $584M |
| Interest Income | $0 |
| Interest Expense | $152M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $524M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $458M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $458M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $458M |
| D&A | $303M |
| EBIT | $676M |
| EBITDA | $979M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $132M |
| Selling & Marketing | $120M |
| General & Administrative | $322M |
| SG&A Expenses | $442M |
| Other Expenses | $0 |
| Operating Expenses | $574M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $584M |
| Interest Income | $0 |
| Interest Expense | $152M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $524M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $458M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $458M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $458M |
| D&A | $303M |
| EBIT | $676M |
| EBITDA | $979M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $458M |
| Depreciation & Amortization | $303M |
| Stock-Based Compensation | $97M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$132M |
| Change in Working Capital | -$81M |
| OPERATING CASH FLOW | $640M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$156M |
| Common Stock Repurchased | -$253M |
| Common Dividends Paid | -$225M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | -$610M |
| FREE CASH FLOW | $552M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $482M |
| Short-Term Investments | $0 |
| Net Receivables | $5.4B |
| Inventory | $1.3B |
| Other Current Assets | $481M |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $2.7B |
| Goodwill | $20.4B |
| Intangible Assets | $7.3B |
| Long-Term Investments | $0 |
| Tax Assets | $89M |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $33.6B |
| TOTAL ASSETS | $41.2B |
| Account Payables | $2.0B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $2.3B |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $7.3B |
| Long-Term Debt | $11.0B |
| Deferred Revenue NC | $103M |
| Deferred Tax Liabilities | $800M |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $14.6B |
| TOTAL LIABILITIES | $22.0B |
| Common Stock | $187M |
| Additional Paid-In Capital | $15.1B |
| Retained Earnings | $4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.3B |
| TOTAL LIABILITIES & EQUITY | $41.2B |
| Total Debt | $12.1B |
| Net Debt | $11.6B |
