| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70.1B | $69.6B | $61.9B | 0.6% | 13.3% |
| Op. Income | $32.0B | $31.7B | $27.6B | 1.1% | 16.0% |
| Gross Margin | 68.7% | 68.7% | 70.1% | 0.0pp | -1.4pp |
| Net Margin | 36.9% | 34.6% | 35.5% | 2.2pp | 1.4pp |
| EPS (Diluted) | $3.46 | $3.23 | $2.94 | 7.1% | 17.7% |
| Free Cash Flow | $20.3B | $6.5B | $21.0B | 212.9% | -3.2% |
| Item | Amount |
|---|---|
| REVENUE | $70.1B |
| Cost of Revenue | $21.9B |
| GROSS PROFIT | $48.1B |
| R&D Expenses | $8.2B |
| Selling & Marketing | $6.2B |
| General & Administrative | $1.7B |
| SG&A Expenses | $7.9B |
| Other Expenses | $0 |
| Operating Expenses | $16.1B |
| Cost & Expenses | $38.1B |
| OPERATING INCOME | $32.0B |
| Interest Income | $597M |
| Interest Expense | $594M |
| Other Income/Expenses | -$623M |
| INCOME BEFORE TAX | $31.4B |
| Income Tax Expense | $5.6B |
| Net Income from Continuing Ops | $25.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25.8B |
| D&A | $8.7B |
| EBIT | $32.0B |
| EBITDA | $40.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $70.1B |
| Cost of Revenue | $21.9B |
| GROSS PROFIT | $48.1B |
| R&D Expenses | $8.2B |
| Selling & Marketing | $6.2B |
| General & Administrative | $1.7B |
| SG&A Expenses | $7.9B |
| Other Expenses | $0 |
| Operating Expenses | $16.1B |
| Cost & Expenses | $38.1B |
| OPERATING INCOME | $32.0B |
| Interest Income | $597M |
| Interest Expense | $594M |
| Other Income/Expenses | -$623M |
| INCOME BEFORE TAX | $31.4B |
| Income Tax Expense | $5.6B |
| Net Income from Continuing Ops | $25.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25.8B |
| D&A | $8.7B |
| EBIT | $32.0B |
| EBITDA | $40.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $25.8B |
| Depreciation & Amortization | $8.7B |
| Stock-Based Compensation | $3.0B |
| Deferred Income Tax | -$2.2B |
| Other Non-Cash Items | -$298M |
| Change in Working Capital | $2.0B |
| OPERATING CASH FLOW | $37.0B |
| Capital Expenditure | -$16.7B |
| Acquisitions (Net) | -$981M |
| Purchases of Investments | -$4.5B |
| Sales/Maturities of Investments | $8.9B |
| Other Investing Activities | $604M |
| NET CASH FROM INVESTING | -$12.7B |
| Net Debt Issuance | -$2.3B |
| Common Stock Repurchased | -$4.8B |
| Common Dividends Paid | -$6.2B |
| Other Financing Activities | -$382M |
| NET CASH FROM FINANCING | -$13.0B |
| FREE CASH FLOW | $20.3B |
| Net Change in Cash | $11.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28.8B |
| Short-Term Investments | $50.8B |
| Net Receivables | $51.7B |
| Inventory | $848M |
| Other Current Assets | $24.5B |
| TOTAL CURRENT ASSETS | $156.6B |
| PP&E (Net) | $208.4B |
| Goodwill | $119.3B |
| Intangible Assets | $24.0B |
| Long-Term Investments | $15.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $38.5B |
| TOTAL NON-CURRENT ASSETS | $406.0B |
| TOTAL ASSETS | $562.6B |
| Account Payables | $26.3B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $44.6B |
| Other Current Liabilities | $25.4B |
| TOTAL CURRENT LIABILITIES | $114.2B |
| Long-Term Debt | $39.9B |
| Deferred Revenue NC | $2.8B |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $27.3B |
| TOTAL NON-CURRENT LIABILITIES | $126.5B |
| TOTAL LIABILITIES | $240.7B |
| Common Stock | $107.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $219.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $321.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $321.9B |
| TOTAL LIABILITIES & EQUITY | $562.6B |
| Total Debt | $105.0B |
| Net Debt | $76.2B |
