| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.8B | $15.5B | $16.1B | 1.8% | -1.9% |
| Op. Income | $5.6B | $5.9B | $6.1B | -6.5% | -9.4% |
| Gross Margin | 77.5% | 78.0% | 76.8% | -0.5pp | 0.7pp |
| Net Margin | 28.0% | 32.7% | 33.9% | -4.7pp | -5.8pp |
| EPS (Diluted) | $1.76 | $2.01 | $2.14 | -12.4% | -17.8% |
| Free Cash Flow | $2.5B | $1.2B | $4.8B | 115.8% | -47.8% |
| Item | Amount |
|---|---|
| REVENUE | $15.8B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $12.2B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $6.7B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $5.6B |
| Interest Income | $69M |
| Interest Expense | $305M |
| Other Income/Expenses | -$553M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $571M |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $1.1B |
| EBIT | $5.3B |
| EBITDA | $6.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $15.8B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $12.2B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $6.7B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $5.6B |
| Interest Income | $69M |
| Interest Expense | $305M |
| Other Income/Expenses | -$553M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $571M |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $1.1B |
| EBIT | $5.3B |
| EBITDA | $6.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.4B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $216M |
| Deferred Income Tax | -$448M |
| Other Non-Cash Items | $236M |
| Change in Working Capital | -$2.3B |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$764M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$612M |
| Sales/Maturities of Investments | $601M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$770M |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$2.1B |
| Other Financing Activities | -$182M |
| NET CASH FROM FINANCING | -$3.6B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$659M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.0B |
| Short-Term Investments | $615M |
| Net Receivables | $11.8B |
| Inventory | $6.6B |
| Other Current Assets | $10.0B |
| TOTAL CURRENT ASSETS | $37.1B |
| PP&E (Net) | $25.2B |
| Goodwill | $21.6B |
| Intangible Assets | $15.2B |
| Long-Term Investments | $774M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.7B |
| TOTAL NON-CURRENT ASSETS | $80.5B |
| TOTAL ASSETS | $117.5B |
| Account Payables | $3.9B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26.0B |
| Long-Term Debt | $34.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $42.4B |
| TOTAL LIABILITIES | $68.5B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $44.6B |
| Retained Earnings | $68.5B |
| Treasury Stock | -$60.5B |
| Accum. Other Comp. Income | -$5.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49.0B |
| Minority Interest | $67M |
| TOTAL EQUITY | $49.1B |
| TOTAL LIABILITIES & EQUITY | $117.5B |
| Total Debt | $35.4B |
| Net Debt | $27.4B |
