| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.1B | $8.7B | $5.8B | -7.5% | 38.3% |
| Op. Income | $1.8B | $2.2B | $191M | -18.4% | 828.3% |
| Gross Margin | 36.8% | 38.4% | 18.5% | -1.6pp | 18.3pp |
| Net Margin | 19.7% | 21.5% | 13.6% | -1.8pp | 6.0pp |
| EPS (Diluted) | $1.41 | $1.67 | $0.71 | -15.6% | 98.6% |
| Free Cash Flow | $7.1B | $38M | -$165M | 18710.5% | 4432.1% |
| Item | Amount |
|---|---|
| REVENUE | $8.1B |
| Cost of Revenue | $5.1B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $898M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $285M |
| Other Expenses | $7M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $1.8B |
| Interest Income | $108M |
| Interest Expense | $112M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $177M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $2.0B |
| EBIT | $1.8B |
| EBITDA | $3.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.1B |
| Cost of Revenue | $5.1B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $898M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $285M |
| Other Expenses | $7M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $1.8B |
| Interest Income | $108M |
| Interest Expense | $112M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $177M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $2.0B |
| EBIT | $1.8B |
| EBITDA | $3.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $2.1B |
| Stock-Based Compensation | $249M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | $1.0B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | $3.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$439M |
| Sales/Maturities of Investments | $446M |
| Other Investing Activities | $896M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | $140M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$130M |
| Other Financing Activities | $86M |
| NET CASH FROM FINANCING | $96M |
| FREE CASH FLOW | $7.1B |
| Net Change in Cash | $866M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.6B |
| Short-Term Investments | $663M |
| Net Receivables | $6.5B |
| Inventory | $9.0B |
| Other Current Assets | $963M |
| TOTAL CURRENT ASSETS | $24.7B |
| PP&E (Net) | $43.2B |
| Goodwill | $1.1B |
| Intangible Assets | $423M |
| Long-Term Investments | $1.4B |
| Tax Assets | $552M |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $48.4B |
| TOTAL ASSETS | $73.1B |
| Account Payables | $2.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $11.5B |
| Deferred Revenue NC | $836M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $16.5B |
| TOTAL LIABILITIES | $24.4B |
| Common Stock | $126M |
| Additional Paid-In Capital | $12.7B |
| Retained Earnings | $43.8B |
| Treasury Stock | -$7.9B |
| Accum. Other Comp. Income | -$191M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $48.6B |
| TOTAL LIABILITIES & EQUITY | $73.1B |
| Total Debt | $15.0B |
| Net Debt | $7.4B |
