| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.6B | $20.5B | $16.9B | -4.6% | 15.8% |
| Op. Income | $6.3B | $4.6B | $3.3B | 36.6% | 88.3% |
| Gross Margin | 57.1% | 48.2% | 49.7% | 9.0pp | 7.4pp |
| Net Margin | 22.5% | 17.0% | 13.7% | 5.5pp | 8.8pp |
| EPS (Diluted) | $0.38 | $0.30 | $0.19 | 26.3% | 95.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $19.6B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $11.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.6B |
| SG&A Expenses | $4.6B |
| Other Expenses | $285M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $13.3B |
| OPERATING INCOME | $6.3B |
| Interest Income | $12.6B |
| Interest Expense | $8.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.3B |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | $4.6B |
| 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 | $0 |
| EBIT | $6.3B |
| EBITDA | $6.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19.6B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $11.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.6B |
| SG&A Expenses | $4.6B |
| Other Expenses | $285M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $13.3B |
| OPERATING INCOME | $6.3B |
| Interest Income | $12.6B |
| Interest Expense | $8.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.3B |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | $4.6B |
| 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 | $0 |
| EBIT | $6.3B |
| EBITDA | $6.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4.4B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4.4B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $676.6B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $676.6B |
| PP&E (Net) | $7.7B |
| Goodwill | $0 |
| Intangible Assets | $12.3B |
| Long-Term Investments | $1.3T |
| Tax Assets | $883M |
| Other Non-Current Assets | $499.0B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.5T |
| Account Payables | $0 |
| Short-Term Debt | $287.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6T |
| TOTAL CURRENT LIABILITIES | $1.9T |
| Long-Term Debt | $253.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.2B |
| Other Non-Current Liabilities | $218.5B |
| TOTAL NON-CURRENT LIABILITIES | $474.8B |
| TOTAL LIABILITIES | $2.4T |
| Common Stock | $13.4B |
| Additional Paid-In Capital | $481M |
| Retained Earnings | $92.9B |
| Treasury Stock | -$4.5B |
| Accum. Other Comp. Income | $26.0B |
| Other Equity | $37.6K |
| TOTAL STOCKHOLDERS' EQUITY | $128.2B |
| Minority Interest | $7.6B |
| TOTAL EQUITY | $135.8B |
| TOTAL LIABILITIES & EQUITY | $2.5T |
| Total Debt | $540.4B |
| Net Debt | -$136.2B |
