| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.9B | $13.6B | $8.1B | 74.9% | 196.3% |
| Op. Income | $16.1B | $6.1B | $1.8B | 162.6% | 810.0% |
| Gross Margin | 74.4% | 56.1% | 36.8% | 18.3pp | 37.6pp |
| Net Margin | 57.8% | 38.4% | 19.7% | 19.4pp | 38.1pp |
| EPS (Diluted) | $12.08 | $4.60 | $1.41 | 162.6% | 756.7% |
| Free Cash Flow | $5.5B | $3.0B | $7.1B | 82.5% | -22.8% |
| Item | Amount |
|---|---|
| REVENUE | $23.9B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $17.7B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $344M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $7.7B |
| OPERATING INCOME | $16.1B |
| Interest Income | $155M |
| Interest Expense | $32M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $16.2B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $13.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.8B |
| D&A | $2.3B |
| EBIT | $16.2B |
| EBITDA | $18.5B |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| REVENUE | $23.9B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $17.7B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $344M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $7.7B |
| OPERATING INCOME | $16.1B |
| Interest Income | $155M |
| Interest Expense | $32M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $16.2B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $13.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.8B |
| D&A | $2.3B |
| EBIT | $16.2B |
| EBITDA | $18.5B |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| Net Income | $13.8B |
| Depreciation & Amortization | $2.3B |
| Stock-Based Compensation | $309M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$339M |
| Change in Working Capital | -$4.1B |
| OPERATING CASH FLOW | $11.9B |
| Capital Expenditure | -$6.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$865M |
| Sales/Maturities of Investments | $433M |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | -$5.5B |
| Net Debt Issuance | -$1.7B |
| Common Stock Repurchased | -$350M |
| Common Dividends Paid | -$132M |
| Other Financing Activities | $176M |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $5.5B |
| Net Change in Cash | $4.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.5B |
| Short-Term Investments | $2.1B |
| Net Receivables | $17.3B |
| Inventory | $8.3B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $41.4B |
| PP&E (Net) | $52.1B |
| Goodwill | $1.1B |
| Intangible Assets | $468M |
| Long-Term Investments | $2.0B |
| Tax Assets | $680M |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $60.1B |
| TOTAL ASSETS | $101.5B |
| Account Payables | $3.4B |
| Short-Term Debt | $585M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $14.3B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $1.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $14.8B |
| TOTAL LIABILITIES | $29.1B |
| Common Stock | $127M |
| Additional Paid-In Capital | $14.1B |
| Retained Earnings | $66.8B |
| Treasury Stock | -$8.5B |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $72.5B |
| TOTAL LIABILITIES & EQUITY | $101.5B |
| Total Debt | $10.8B |
| Net Debt | -$1.7B |
