| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.1B | $5.2B | 3.6% | 1.8% |
| Op. Income | $94M | -$56M | $505M | 266.7% | -81.5% |
| Gross Margin | 43.4% | 41.5% | 43.3% | 1.8pp | 0.0pp |
| Net Margin | 2.0% | -1.3% | -3.3% | 3.3pp | 5.2pp |
| EPS (Diluted) | $0.02 | $-0.01 | $0.08 | 281.8% | -69.9% |
| Free Cash Flow | $103M | $843M | $461M | -87.8% | -77.7% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $870M |
| Other Expenses | -$16M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $94M |
| Interest Income | $40M |
| Interest Expense | $0 |
| Other Income/Expenses | $50M |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $15M |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $333M |
| EBIT | $94M |
| EBITDA | $427M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $870M |
| Other Expenses | -$16M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $94M |
| Interest Income | $40M |
| Interest Expense | $0 |
| Other Income/Expenses | $50M |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $15M |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $333M |
| EBIT | $94M |
| EBITDA | $427M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $333M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $47M |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | -$217M |
| OPERATING CASH FLOW | $244M |
| Capital Expenditure | -$141M |
| Acquisitions (Net) | -$818M |
| Purchases of Investments | -$102M |
| Sales/Maturities of Investments | $675M |
| Other Investing Activities | $97M |
| NET CASH FROM INVESTING | -$290M |
| Net Debt Issuance | -$319M |
| Common Stock Repurchased | -$91M |
| Common Dividends Paid | -$251M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$662M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | -$872M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.6B |
| Short-Term Investments | $1.5B |
| Net Receivables | $6.7B |
| Inventory | $2.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.7B |
| PP&E (Net) | $2.8B |
| Goodwill | $7.0B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $1.9B |
| Tax Assets | $4.2B |
| Other Non-Current Assets | $7.6B |
| TOTAL NON-CURRENT ASSETS | $25.4B |
| TOTAL ASSETS | $42.1B |
| Account Payables | $3.5B |
| Short-Term Debt | $876M |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $260M |
| Deferred Tax Liabilities | $593M |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $19.0B |
| Common Stock | $288M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$412M |
| Accum. Other Comp. Income | $20.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.1B |
| Minority Interest | $108M |
| TOTAL EQUITY | $23.2B |
| TOTAL LIABILITIES & EQUITY | $42.1B |
| Total Debt | $4.8B |
| Net Debt | -$815M |
