| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.0B | $21.1B | — | -0.2% | — |
| Op. Income | $5.5B | $7.4B | — | -25.7% | — |
| Gross Margin | 47.6% | 49.3% | — | -1.7pp | — |
| Net Margin | 22.5% | 28.3% | — | -5.8pp | — |
| EPS (Diluted) | $0.72 | $0.92 | — | -21.7% | — |
| Free Cash Flow | $3.4B | $4.5B | — | -24.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $21.0B |
| Cost of Revenue | $11.0B |
| GROSS PROFIT | $10.0B |
| R&D Expenses | $193M |
| Selling & Marketing | $0 |
| General & Administrative | $2.4B |
| SG&A Expenses | $2.4B |
| Other Expenses | $2.0B |
| Operating Expenses | $4.5B |
| Cost & Expenses | $15.6B |
| OPERATING INCOME | $5.5B |
| Interest Income | $225M |
| Interest Expense | $736M |
| Other Income/Expenses | $939M |
| INCOME BEFORE TAX | $6.4B |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $3.7B |
| EBIT | $7.4B |
| EBITDA | $11.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21.0B |
| Cost of Revenue | $11.0B |
| GROSS PROFIT | $10.0B |
| R&D Expenses | $193M |
| Selling & Marketing | $0 |
| General & Administrative | $2.4B |
| SG&A Expenses | $2.4B |
| Other Expenses | $2.0B |
| Operating Expenses | $4.5B |
| Cost & Expenses | $15.6B |
| OPERATING INCOME | $5.5B |
| Interest Income | $225M |
| Interest Expense | $736M |
| Other Income/Expenses | $939M |
| INCOME BEFORE TAX | $6.4B |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $3.7B |
| EBIT | $7.4B |
| EBITDA | $11.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.8B |
| Depreciation & Amortization | $3.7B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.7B |
| Other Non-Cash Items | -$741M |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $7.5B |
| Capital Expenditure | -$4.1B |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | -$777M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.7B |
| Other Financing Activities | -$246M |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.0B |
| Short-Term Investments | $2.5B |
| Net Receivables | $5.2B |
| Inventory | $8.2B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $24.9B |
| PP&E (Net) | $163.6B |
| Goodwill | $23M |
| Intangible Assets | $2.4B |
| Long-Term Investments | $829M |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $22.5B |
| TOTAL NON-CURRENT ASSETS | $190.4B |
| TOTAL ASSETS | $215.3B |
| Account Payables | $6.3B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.6B |
| TOTAL CURRENT LIABILITIES | $32.8B |
| Long-Term Debt | $23.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.6B |
| Other Non-Current Liabilities | $44.9B |
| TOTAL NON-CURRENT LIABILITIES | $108.8B |
| TOTAL LIABILITIES | $141.7B |
| Common Stock | $107.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73.2B |
| Minority Interest | $470M |
| TOTAL EQUITY | $73.6B |
| TOTAL LIABILITIES & EQUITY | $215.3B |
| Total Debt | $68.1B |
| Net Debt | $61.1B |
