| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.2B | $14.0B | $14.2B | 8.7% | 7.1% |
| Op. Income | $3.8B | $2.4B | $4.8B | 60.3% | -20.8% |
| Gross Margin | 55.9% | 57.2% | 65.3% | -1.3pp | -9.4pp |
| Net Margin | 29.6% | 15.4% | 33.0% | 14.2pp | -3.4pp |
| EPS (Diluted) | $3.03 | $1.46 | $3.16 | 108.4% | -3.9% |
| Free Cash Flow | $3.2B | $2.3B | $6.4B | 39.5% | -50.6% |
| Item | Amount |
|---|---|
| REVENUE | $15.2B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $525M |
| Selling & Marketing | $4.0B |
| General & Administrative | $224M |
| SG&A Expenses | $4.2B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $3.8B |
| Interest Income | $1.5B |
| Interest Expense | $0 |
| Other Income/Expenses | $1.4B |
| INCOME BEFORE TAX | $5.2B |
| Income Tax Expense | $699M |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $26M |
| EBIT | $5.2B |
| EBITDA | $5.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $15.2B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $525M |
| Selling & Marketing | $4.0B |
| General & Administrative | $224M |
| SG&A Expenses | $4.2B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $3.8B |
| Interest Income | $1.5B |
| Interest Expense | $0 |
| Other Income/Expenses | $1.4B |
| INCOME BEFORE TAX | $5.2B |
| Income Tax Expense | $699M |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $26M |
| EBIT | $5.2B |
| EBITDA | $5.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $4.5B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $286M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.6B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $3.2B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.9B |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $51.6K |
| NET CASH FROM FINANCING | $51.6K |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | -$783M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.2B |
| Short-Term Investments | $47.3B |
| Net Receivables | $878M |
| Inventory | $0 |
| Other Current Assets | $11.0B |
| TOTAL CURRENT ASSETS | $69.6B |
| PP&E (Net) | $123M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $13.2B |
| TOTAL NON-CURRENT ASSETS | $13.3B |
| TOTAL ASSETS | $82.9B |
| Account Payables | $14.0B |
| Short-Term Debt | $773M |
| Deferred Revenue | $526M |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $29.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $487M |
| TOTAL LIABILITIES | $30.0B |
| Common Stock | $26.4K |
| Additional Paid-In Capital | $17.8B |
| Retained Earnings | $34.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $986M |
| Other Equity | $35M |
| TOTAL STOCKHOLDERS' EQUITY | $52.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $52.9B |
| TOTAL LIABILITIES & EQUITY | $82.9B |
| Total Debt | $1.6B |
| Net Debt | -$7.6B |
