| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.9B | $11.8B | $12.5B | 0.7% | -5.2% |
| Op. Income | $473M | $449M | $580M | 5.4% | -18.4% |
| Gross Margin | 7.9% | 7.6% | 8.0% | 0.2pp | -0.2pp |
| Net Margin | 0.9% | 1.7% | 2.9% | -0.8pp | -2.0pp |
| EPS (Diluted) | $0.36 | $0.67 | $1.04 | -47.1% | -65.7% |
| Free Cash Flow | $76M | -$575M | $503M | 113.3% | -84.8% |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $932M |
| R&D Expenses | $32M |
| Selling & Marketing | $57M |
| General & Administrative | $352M |
| SG&A Expenses | $409M |
| Other Expenses | $19M |
| Operating Expenses | $459M |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $473M |
| Interest Income | $83M |
| Interest Expense | $180M |
| Other Income/Expenses | -$319M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $686M |
| EBIT | $402M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $932M |
| R&D Expenses | $32M |
| Selling & Marketing | $57M |
| General & Administrative | $352M |
| SG&A Expenses | $409M |
| Other Expenses | $19M |
| Operating Expenses | $459M |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $473M |
| Interest Income | $83M |
| Interest Expense | $180M |
| Other Income/Expenses | -$319M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $686M |
| EBIT | $402M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $686M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $97M |
| Other Non-Cash Items | $101M |
| Change in Working Capital | $249M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$88M |
| Purchases of Investments | -$3.2B |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | -$87M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$322M |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | $805M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $155M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $6.4B |
| Net Receivables | $7.5B |
| Inventory | $8.3B |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $29.5B |
| PP&E (Net) | $27.2B |
| Goodwill | $241M |
| Intangible Assets | $2.9B |
| Long-Term Investments | $4.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $38.8B |
| TOTAL ASSETS | $68.3B |
| Account Payables | $4.6B |
| Short-Term Debt | $7.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $15.0B |
| Long-Term Debt | $10.6B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $449M |
| Other Non-Current Liabilities | $628M |
| TOTAL NON-CURRENT LIABILITIES | $12.4B |
| TOTAL LIABILITIES | $27.4B |
| Common Stock | $326M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $36.0B |
| Treasury Stock | -$794M |
| Accum. Other Comp. Income | $263M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $36.9B |
| Minority Interest | $4.0B |
| TOTAL EQUITY | $40.9B |
| TOTAL LIABILITIES & EQUITY | $68.3B |
| Total Debt | $18.6B |
| Net Debt | $13.9B |
