| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51.2B | $47.5B | $40.6B | 7.8% | 26.2% |
| Op. Income | $20.5B | $20.4B | $17.4B | 0.5% | 18.4% |
| Gross Margin | 82.0% | 82.1% | 81.8% | -0.1pp | 0.2pp |
| Net Margin | 5.3% | 38.6% | 38.7% | -33.3pp | -33.4pp |
| EPS (Diluted) | $1.05 | $7.14 | $6.03 | -85.3% | -82.6% |
| Free Cash Flow | $11.2B | $9.0B | $16.5B | 23.8% | -32.2% |
| Item | Amount |
|---|---|
| REVENUE | $51.2B |
| Cost of Revenue | $9.2B |
| GROSS PROFIT | $42.0B |
| R&D Expenses | $15.1B |
| Selling & Marketing | $2.8B |
| General & Administrative | $3.5B |
| SG&A Expenses | $6.4B |
| Other Expenses | $0 |
| Operating Expenses | $21.5B |
| Cost & Expenses | $30.7B |
| OPERATING INCOME | $20.5B |
| Interest Income | $359M |
| Interest Expense | $227M |
| Other Income/Expenses | $1.1B |
| INCOME BEFORE TAX | $21.7B |
| Income Tax Expense | $19.0B |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $5.0B |
| EBIT | $21.9B |
| EBITDA | $26.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $51.2B |
| Cost of Revenue | $9.2B |
| GROSS PROFIT | $42.0B |
| R&D Expenses | $15.1B |
| Selling & Marketing | $2.8B |
| General & Administrative | $3.5B |
| SG&A Expenses | $6.4B |
| Other Expenses | $0 |
| Operating Expenses | $21.5B |
| Cost & Expenses | $30.7B |
| OPERATING INCOME | $20.5B |
| Interest Income | $359M |
| Interest Expense | $227M |
| Other Income/Expenses | $1.1B |
| INCOME BEFORE TAX | $21.7B |
| Income Tax Expense | $19.0B |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $5.0B |
| EBIT | $21.9B |
| EBITDA | $26.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.7B |
| Depreciation & Amortization | $5.0B |
| Stock-Based Compensation | $5.6B |
| Deferred Income Tax | $19.9B |
| Other Non-Cash Items | -$945M |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | $30.0B |
| Capital Expenditure | -$18.8B |
| Acquisitions (Net) | -$753M |
| Purchases of Investments | -$5.9B |
| Sales/Maturities of Investments | $4.7B |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$21.8B |
| Net Debt Issuance | -$545M |
| Common Stock Repurchased | -$3.3B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$4.8B |
| NET CASH FROM FINANCING | -$10.0B |
| FREE CASH FLOW | $11.2B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.2B |
| Short-Term Investments | $34.3B |
| Net Receivables | $17.3B |
| Inventory | $0 |
| Other Current Assets | $11.4B |
| TOTAL CURRENT ASSETS | $73.1B |
| PP&E (Net) | $177.6B |
| Goodwill | $21.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $25.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $230.7B |
| TOTAL ASSETS | $303.8B |
| Account Payables | $7.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $37.0B |
| Long-Term Debt | $28.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23.9B |
| TOTAL NON-CURRENT LIABILITIES | $72.8B |
| TOTAL LIABILITIES | $109.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $92.3B |
| Retained Earnings | $101.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $159M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $194.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $194.1B |
| TOTAL LIABILITIES & EQUITY | $303.8B |
| Total Debt | $51.1B |
| Net Debt | $40.9B |
