| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.7B | $7.9B | 2.2% | -13.7% |
| Op. Income | $602M | $636M | $1.0B | -5.3% | -40.1% |
| Gross Margin | 13.8% | 16.2% | 18.6% | -2.3pp | -4.8pp |
| Net Margin | 8.2% | 8.8% | 11.0% | -0.7pp | -2.9pp |
| EPS (Diluted) | $1.06 | $1.12 | $1.66 | -5.4% | -36.1% |
| Free Cash Flow | $778M | $1.2B | $943M | -36.3% | -17.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $5.9B |
| GROSS PROFIT | $944M |
| R&D Expenses | $106M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $195M |
| Other Expenses | $41M |
| Operating Expenses | $341M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $602M |
| Interest Income | $88M |
| Interest Expense | $0 |
| Other Income/Expenses | $103M |
| INCOME BEFORE TAX | $705M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | $557M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $557M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $557M |
| D&A | $209M |
| EBIT | $720M |
| EBITDA | $929M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $5.9B |
| GROSS PROFIT | $944M |
| R&D Expenses | $106M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $195M |
| Other Expenses | $41M |
| Operating Expenses | $341M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $602M |
| Interest Income | $88M |
| Interest Expense | $0 |
| Other Income/Expenses | $103M |
| INCOME BEFORE TAX | $705M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | $557M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $557M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $557M |
| D&A | $209M |
| EBIT | $720M |
| EBITDA | $929M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $557M |
| Depreciation & Amortization | $209M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | $311M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$366M |
| Acquisitions (Net) | $181M |
| Purchases of Investments | -$684M |
| Sales/Maturities of Investments | $275M |
| Other Investing Activities | -$158M |
| NET CASH FROM INVESTING | -$754M |
| Net Debt Issuance | -$233M |
| Common Stock Repurchased | -$900.0K |
| Common Dividends Paid | -$173M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$395M |
| FREE CASH FLOW | $778M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $2.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.4B |
| PP&E (Net) | $4.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26.4B |
| TOTAL NON-CURRENT ASSETS | $30.9B |
| TOTAL ASSETS | $44.3B |
| Account Payables | $7.9B |
| Short-Term Debt | $0 |
| Deferred Revenue | $7.9B |
| Other Current Liabilities | -$7.9B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17.2B |
| TOTAL NON-CURRENT LIABILITIES | $17.2B |
| TOTAL LIABILITIES | $25.1B |
| Common Stock | $525M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $18.7B |
| TOTAL STOCKHOLDERS' EQUITY | $19.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.3B |
| TOTAL LIABILITIES & EQUITY | $44.3B |
| Total Debt | $0 |
| Net Debt | -$9.3B |
