| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.6B | — | $8.4B | — | 3.1% |
| Op. Income | $2.3B | — | $2.2B | — | 7.4% |
| Gross Margin | 38.0% | — | 36.4% | — | 1.6pp |
| Net Margin | 22.4% | — | 18.5% | — | 3.8pp |
| EPS (Diluted) | $4.09 | — | $3.22 | — | 27.0% |
| Free Cash Flow | $1.7B | — | $1.7B | — | 0.4% |
| Item | Amount |
|---|---|
| REVENUE | $8.6B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $897M |
| Other Expenses | $0 |
| Operating Expenses | $933M |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $81M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $424M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $961M |
| EBIT | $2.5B |
| EBITDA | $3.4B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $8.6B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $897M |
| Other Expenses | $0 |
| Operating Expenses | $933M |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $81M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $424M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $961M |
| EBIT | $2.5B |
| EBITDA | $3.4B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $961M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | -$445M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $472M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | -$123M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $78M |
| Common Stock Repurchased | -$989M |
| Common Dividends Paid | -$701M |
| Other Financing Activities | -$175M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | -$277M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $0 |
| Net Receivables | $5.6B |
| Inventory | $2.1B |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $13.3B |
| PP&E (Net) | $27.5B |
| Goodwill | $27.8B |
| Intangible Assets | $11.9B |
| Long-Term Investments | $236M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.1B |
| TOTAL NON-CURRENT ASSETS | $72.7B |
| TOTAL ASSETS | $86.0B |
| Account Payables | $2.6B |
| Short-Term Debt | $7.3B |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $16.2B |
| Long-Term Debt | $18.6B |
| Deferred Revenue NC | $1.2B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.9B |
| TOTAL NON-CURRENT LIABILITIES | $29.7B |
| TOTAL LIABILITIES | $45.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $39.4B |
| Retained Earnings | $15.8B |
| Treasury Stock | -$10.2B |
| Accum. Other Comp. Income | -$6.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38.6B |
| Minority Interest | $1.5B |
| TOTAL EQUITY | $40.1B |
| TOTAL LIABILITIES & EQUITY | $86.0B |
| Total Debt | $25.9B |
| Net Debt | $21.4B |
