| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.0B | $9.0B | $8.3B | 0.6% | 8.8% |
| Op. Income | $1.8B | $1.7B | $1.6B | 5.2% | 7.7% |
| Gross Margin | 64.9% | 60.3% | 66.5% | 4.6pp | -1.6pp |
| Net Margin | 12.7% | 15.3% | 15.6% | -2.7pp | -2.9pp |
| EPS (Diluted) | $0.89 | $1.07 | $1.01 | -16.8% | -11.9% |
| Free Cash Flow | $2.3B | $457M | $2.1B | 403.3% | 9.7% |
| Item | Amount |
|---|---|
| REVENUE | $9.0B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $5.9B |
| R&D Expenses | $722M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.0B |
| Other Expenses | $401M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $1.8B |
| Interest Income | $121M |
| Interest Expense | $181M |
| Other Income/Expenses | -$369M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $254M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $905M |
| EBIT | $1.6B |
| EBITDA | $2.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.0B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $5.9B |
| R&D Expenses | $722M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.0B |
| Other Expenses | $401M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $1.8B |
| Interest Income | $121M |
| Interest Expense | $181M |
| Other Income/Expenses | -$369M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $254M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $905M |
| EBIT | $1.6B |
| EBITDA | $2.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $840M |
| Stock-Based Compensation | $94M |
| Deferred Income Tax | -$101M |
| Other Non-Cash Items | $66M |
| Change in Working Capital | $702M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$444M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$816M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$105M |
| Common Dividends Paid | -$911M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $7.2B |
| Net Receivables | $87M |
| Inventory | -$803M |
| Other Current Assets | $16.4B |
| TOTAL CURRENT ASSETS | $24.1B |
| PP&E (Net) | -$1.4B |
| Goodwill | $41.9B |
| Intangible Assets | $10.3B |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.2B |
| TOTAL NON-CURRENT ASSETS | $67.4B |
| TOTAL ASSETS | $91.5B |
| Account Payables | $2.6B |
| Short-Term Debt | $191M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $27.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $365M |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $32.8B |
| TOTAL LIABILITIES | $42.3B |
| Common Stock | -$181M |
| Additional Paid-In Capital | $21.0B |
| Retained Earnings | $32.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | $204M |
| TOTAL STOCKHOLDERS' EQUITY | $49.0B |
| Minority Interest | $211M |
| TOTAL EQUITY | $49.2B |
| TOTAL LIABILITIES & EQUITY | $91.5B |
| Total Debt | $28.1B |
| Net Debt | $26.9B |
