| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.9B | $21.7B | $21.4B | 0.7% | 2.1% |
| Op. Income | $5.7B | $5.8B | $4.4B | -1.0% | 29.5% |
| Gross Margin | 52.4% | 52.1% | 52.7% | 0.3pp | -0.3pp |
| Net Margin | 21.2% | 18.2% | 16.2% | 2.9pp | 5.0pp |
| EPS (Diluted) | $1.88 | $1.61 | $1.40 | 16.8% | 34.3% |
| Free Cash Flow | $3.9B | $3.3B | $4.3B | 17.9% | -8.9% |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $11.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $5.7B |
| Cost & Expenses | $16.1B |
| OPERATING INCOME | $5.7B |
| Interest Income | $119M |
| Interest Expense | $240M |
| Other Income/Expenses | $104M |
| INCOME BEFORE TAX | $5.8B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.6B |
| D&A | $706M |
| EBIT | $6.1B |
| EBITDA | $6.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $11.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $5.7B |
| Cost & Expenses | $16.1B |
| OPERATING INCOME | $5.7B |
| Interest Income | $119M |
| Interest Expense | $240M |
| Other Income/Expenses | $104M |
| INCOME BEFORE TAX | $5.8B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.6B |
| D&A | $706M |
| EBIT | $6.1B |
| EBITDA | $6.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.7B |
| Depreciation & Amortization | $706M |
| Stock-Based Compensation | $136M |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | -$2.2B |
| Change in Working Capital | $1.5B |
| OPERATING CASH FLOW | $4.8B |
| Capital Expenditure | -$925M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$921M |
| Net Debt Issuance | -$859M |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | -$2.4B |
| Other Financing Activities | $239M |
| NET CASH FROM FINANCING | -$5.6B |
| FREE CASH FLOW | $3.9B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.2B |
| Short-Term Investments | $0 |
| Net Receivables | $6.2B |
| Inventory | $7.0B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $25.6B |
| PP&E (Net) | $22.1B |
| Goodwill | $39.9B |
| Intangible Assets | $21.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.2B |
| TOTAL NON-CURRENT ASSETS | $97.0B |
| TOTAL ASSETS | $122.6B |
| Account Payables | $14.5B |
| Short-Term Debt | $9.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1M |
| TOTAL CURRENT LIABILITIES | $33.8B |
| Long-Term Debt | $25.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.7B |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $37.4B |
| TOTAL LIABILITIES | $71.2B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $68.3B |
| Retained Earnings | $127.5B |
| Treasury Stock | -$137.1B |
| Accum. Other Comp. Income | -$11.6B |
| Other Equity | -$707M |
| TOTAL STOCKHOLDERS' EQUITY | $51.2B |
| Minority Interest | $275M |
| TOTAL EQUITY | $51.4B |
| TOTAL LIABILITIES & EQUITY | $122.6B |
| Total Debt | $34.7B |
| Net Debt | $24.5B |
