| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.8B | $13.6B | $12.9B | 8.9% | 15.3% |
| Op. Income | $4.9B | $4.7B | $4.0B | 4.3% | 21.2% |
| Gross Margin | 77.6% | 76.3% | 75.3% | 1.3pp | 2.3pp |
| Net Margin | 27.2% | 26.5% | 25.2% | 0.8pp | 2.0pp |
| EPS (Diluted) | $2.06 | $1.82 | $1.59 | 13.2% | 29.6% |
| Free Cash Flow | $6.1B | $2.2B | $4.1B | 183.9% | 47.2% |
| Item | Amount |
|---|---|
| REVENUE | $14.8B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $11.5B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $481M |
| Operating Expenses | $6.7B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $4.9B |
| Interest Income | $0 |
| Interest Expense | $294M |
| Other Income/Expenses | -$333M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $507M |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $1.3B |
| EBIT | $4.8B |
| EBITDA | $6.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $14.8B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $11.5B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $481M |
| Operating Expenses | $6.7B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $4.9B |
| Interest Income | $0 |
| Interest Expense | $294M |
| Other Income/Expenses | -$333M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $507M |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $1.3B |
| EBIT | $4.8B |
| EBITDA | $6.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.0B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $267M |
| Deferred Income Tax | $507M |
| Other Non-Cash Items | $168M |
| Change in Working Capital | $442M |
| OPERATING CASH FLOW | $6.7B |
| Capital Expenditure | -$558M |
| Acquisitions (Net) | -$1.7B |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | -$226M |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $181M |
| Common Stock Repurchased | -$2.7B |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | -$195M |
| NET CASH FROM FINANCING | -$5.2B |
| FREE CASH FLOW | $6.1B |
| Net Change in Cash | -$410M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.7B |
| Short-Term Investments | $344M |
| Net Receivables | $9.2B |
| Inventory | $6.3B |
| Other Current Assets | $3.5B |
| TOTAL CURRENT ASSETS | $25.9B |
| PP&E (Net) | $11.8B |
| Goodwill | $25.6B |
| Intangible Assets | $29.2B |
| Long-Term Investments | $2.2B |
| Tax Assets | $5.2B |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $78.5B |
| TOTAL ASSETS | $104.4B |
| Account Payables | $4.5B |
| Short-Term Debt | $8.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.8B |
| TOTAL CURRENT LIABILITIES | $31.7B |
| Long-Term Debt | $22.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $4.2B |
| TOTAL NON-CURRENT LIABILITIES | $30.6B |
| TOTAL LIABILITIES | $62.3B |
| Common Stock | $766M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $41.5B |
| Treasury Stock | -$33M |
| Accum. Other Comp. Income | -$275M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42.0B |
| Minority Interest | $69M |
| TOTAL EQUITY | $42.1B |
| TOTAL LIABILITIES & EQUITY | $104.4B |
| Total Debt | $32.6B |
| Net Debt | $26.0B |
