| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.0B | $26.0B | $13.5B | 15.3% | 122.4% |
| Op. Income | $18.6B | $16.9B | $6.8B | 10.2% | 174.1% |
| Gross Margin | 75.1% | 78.4% | 70.1% | -3.2pp | 5.1pp |
| Net Margin | 55.3% | 57.1% | 45.8% | -1.9pp | 9.4pp |
| EPS (Diluted) | $0.67 | $0.60 | $0.25 | 11.7% | 168.0% |
| Free Cash Flow | $13.5B | $15.0B | $6.1B | -9.8% | 123.0% |
| Item | Amount |
|---|---|
| REVENUE | $30.0B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $22.6B |
| R&D Expenses | $3.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $842M |
| Other Expenses | $0 |
| Operating Expenses | $3.9B |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $18.6B |
| Interest Income | $444M |
| Interest Expense | $61M |
| Other Income/Expenses | $572M |
| INCOME BEFORE TAX | $19.2B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $16.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16.6B |
| D&A | $433M |
| EBIT | $19.3B |
| EBITDA | $19.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $30.0B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $22.6B |
| R&D Expenses | $3.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $842M |
| Other Expenses | $0 |
| Operating Expenses | $3.9B |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $18.6B |
| Interest Income | $444M |
| Interest Expense | $61M |
| Other Income/Expenses | $572M |
| INCOME BEFORE TAX | $19.2B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $16.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16.6B |
| D&A | $433M |
| EBIT | $19.3B |
| EBITDA | $19.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16.6B |
| Depreciation & Amortization | $433M |
| Stock-Based Compensation | $1.2B |
| Deferred Income Tax | -$1.7B |
| Other Non-Cash Items | -$338M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $14.5B |
| Capital Expenditure | -$977M |
| Acquisitions (Net) | -$278M |
| Purchases of Investments | -$6.1B |
| Sales/Maturities of Investments | $4.2B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$7.2B |
| Common Dividends Paid | -$246M |
| Other Financing Activities | -$1.7B |
| NET CASH FROM FINANCING | -$10.3B |
| FREE CASH FLOW | $13.5B |
| Net Change in Cash | $984M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.6B |
| Short-Term Investments | $26.2B |
| Net Receivables | $14.1B |
| Inventory | $6.7B |
| Other Current Assets | $4.0B |
| TOTAL CURRENT ASSETS | $59.6B |
| PP&E (Net) | $6.4B |
| Goodwill | $4.6B |
| Intangible Assets | $952M |
| Long-Term Investments | $1.8B |
| Tax Assets | $9.6B |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $25.6B |
| TOTAL ASSETS | $85.2B |
| Account Payables | $3.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $948M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $14.0B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $773M |
| Deferred Tax Liabilities | $697M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $13.1B |
| TOTAL LIABILITIES | $27.1B |
| Common Stock | $25M |
| Additional Paid-In Capital | $12.1B |
| Retained Earnings | $46.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $58.2B |
| TOTAL LIABILITIES & EQUITY | $85.2B |
| Total Debt | $10.0B |
| Net Debt | $1.5B |
