| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.7B | — | $17.7B | — | -5.9% |
| Op. Income | $3.5B | — | $5.0B | — | -28.5% |
| Gross Margin | 74.9% | — | 60.8% | — | 14.1pp |
| Net Margin | 21.3% | — | 25.3% | — | -4.0pp |
| EPS (Diluted) | $0.62 | — | $0.78 | — | -20.9% |
| Free Cash Flow | $4.0B | — | $6.1B | — | -34.0% |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $12.5B |
| R&D Expenses | $3.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.2B |
| Other Expenses | $1.8B |
| Operating Expenses | $8.9B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $3.5B |
| Interest Income | $138M |
| Interest Expense | $652M |
| Other Income/Expenses | -$216M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | -$216M |
| Net Income from Continuing Ops | $3.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $1.7B |
| EBIT | $4.0B |
| EBITDA | $5.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $12.5B |
| R&D Expenses | $3.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.2B |
| Other Expenses | $1.8B |
| Operating Expenses | $8.9B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $3.5B |
| Interest Income | $138M |
| Interest Expense | $652M |
| Other Income/Expenses | -$216M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | -$216M |
| Net Income from Continuing Ops | $3.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $1.7B |
| EBIT | $4.0B |
| EBITDA | $5.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.6B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $201M |
| Deferred Income Tax | -$765M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $4.6B |
| Capital Expenditure | -$602M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.9B |
| Sales/Maturities of Investments | $3.1B |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.4B |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $4.0B |
| Net Change in Cash | -$300M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $13.6B |
| Net Receivables | $14.3B |
| Inventory | $11.5B |
| Other Current Assets | $6.2B |
| TOTAL CURRENT ASSETS | $46.9B |
| PP&E (Net) | $18.9B |
| Goodwill | $69.1B |
| Intangible Assets | $51.3B |
| Long-Term Investments | $2.1B |
| Tax Assets | $11.0B |
| Other Non-Current Assets | $9.3B |
| TOTAL NON-CURRENT ASSETS | $161.8B |
| TOTAL ASSETS | $208.7B |
| Account Payables | $5.0B |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $924M |
| Other Current Liabilities | $19.5B |
| TOTAL CURRENT LIABILITIES | $36.6B |
| Long-Term Debt | $57.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $19.2B |
| TOTAL NON-CURRENT LIABILITIES | $79.0B |
| TOTAL LIABILITIES | $115.6B |
| Common Stock | $481M |
| Additional Paid-In Capital | $94.2B |
| Retained Earnings | $121.2B |
| Treasury Stock | -$115.0B |
| Accum. Other Comp. Income | -$8.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $92.8B |
| Minority Interest | $295M |
| TOTAL EQUITY | $93.1B |
| TOTAL LIABILITIES & EQUITY | $208.7B |
| Total Debt | $61.7B |
| Net Debt | $60.4B |
