| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.4B | $14.8B | $13.2B | -3.2% | 9.0% |
| Op. Income | $4.5B | $4.9B | $3.6B | -7.5% | 24.1% |
| Gross Margin | 75.4% | 77.6% | 75.4% | -2.3pp | -0.1pp |
| Net Margin | 27.4% | 27.2% | 24.2% | 0.1pp | 3.1pp |
| EPS (Diluted) | $2.02 | $2.06 | $1.57 | -1.9% | 28.7% |
| Free Cash Flow | $5.7B | $6.1B | $5.5B | -6.0% | 4.6% |
| Item | Amount |
|---|---|
| REVENUE | $14.4B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $10.8B |
| R&D Expenses | $2.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $66M |
| Operating Expenses | $6.3B |
| Cost & Expenses | $9.9B |
| OPERATING INCOME | $4.5B |
| Interest Income | $0 |
| Interest Expense | $281M |
| Other Income/Expenses | -$305M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $266M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $1.4B |
| EBIT | $4.5B |
| EBITDA | $5.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $14.4B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $10.8B |
| R&D Expenses | $2.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $66M |
| Operating Expenses | $6.3B |
| Cost & Expenses | $9.9B |
| OPERATING INCOME | $4.5B |
| Interest Income | $0 |
| Interest Expense | $281M |
| Other Income/Expenses | -$305M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $266M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $1.4B |
| EBIT | $4.5B |
| EBITDA | $5.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.9B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $268M |
| Deferred Income Tax | $266M |
| Other Non-Cash Items | -$593M |
| Change in Working Capital | $1.3B |
| OPERATING CASH FLOW | $6.6B |
| Capital Expenditure | -$831M |
| Acquisitions (Net) | -$160M |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $179M |
| Other Investing Activities | -$425M |
| NET CASH FROM INVESTING | -$860M |
| Net Debt Issuance | -$511M |
| Common Stock Repurchased | -$2.3B |
| Common Dividends Paid | $30M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $5.7B |
| Net Change in Cash | $2.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.6B |
| Short-Term Investments | $197M |
| Net Receivables | $9.0B |
| Inventory | $6.4B |
| Other Current Assets | $3.0B |
| TOTAL CURRENT ASSETS | $28.2B |
| PP&E (Net) | $12.0B |
| Goodwill | $25.6B |
| Intangible Assets | $29.0B |
| Long-Term Investments | $2.2B |
| Tax Assets | $5.6B |
| Other Non-Current Assets | $4.8B |
| TOTAL NON-CURRENT ASSETS | $79.1B |
| TOTAL ASSETS | $107.3B |
| Account Payables | $4.6B |
| Short-Term Debt | $7.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.3B |
| TOTAL CURRENT LIABILITIES | $32.0B |
| Long-Term Debt | $22.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $4.1B |
| TOTAL NON-CURRENT LIABILITIES | $30.5B |
| TOTAL LIABILITIES | $62.5B |
| Common Stock | $766M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $43.5B |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | $98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44.3B |
| Minority Interest | $422M |
| TOTAL EQUITY | $44.8B |
| TOTAL LIABILITIES & EQUITY | $107.3B |
| Total Debt | $32.0B |
| Net Debt | $22.5B |
