| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.4B | $8.3B | $7.8B | 1.6% | 7.3% |
| Op. Income | $1.5B | $1.5B | $1.4B | 1.1% | 9.3% |
| Gross Margin | 46.0% | 46.4% | 46.6% | -0.4pp | -0.6pp |
| Net Margin | 14.8% | 15.2% | 12.9% | -0.4pp | 2.0pp |
| EPS (Diluted) | $1.30 | $1.29 | $0.99 | 0.8% | 31.3% |
| Free Cash Flow | $1.7B | $692M | $1.4B | 148.3% | 18.9% |
| Item | Amount |
|---|---|
| REVENUE | $8.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $801M |
| Selling & Marketing | $521M |
| General & Administrative | $513M |
| SG&A Expenses | $1.0B |
| Other Expenses | $516M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $119M |
| Interest Expense | $113M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $285M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $245M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $801M |
| Selling & Marketing | $521M |
| General & Administrative | $513M |
| SG&A Expenses | $1.0B |
| Other Expenses | $516M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $119M |
| Interest Expense | $113M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $285M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $245M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $245M |
| Stock-Based Compensation | $257M |
| Deferred Income Tax | $182M |
| Other Non-Cash Items | -$59M |
| Change in Working Capital | $101M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$256M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.4B |
| Sales/Maturities of Investments | $7.4B |
| Other Investing Activities | $2.0B |
| NET CASH FROM INVESTING | $4.8B |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$328M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $4.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.0B |
| Short-Term Investments | $1.8B |
| Net Receivables | $47.4B |
| Inventory | $0 |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $60.2B |
| PP&E (Net) | $1.7B |
| Goodwill | $10.9B |
| Intangible Assets | $226M |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $19.6B |
| TOTAL ASSETS | $79.8B |
| Account Payables | $40.9B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $44.9B |
| Long-Term Debt | $11.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $14.7B |
| TOTAL LIABILITIES | $59.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $21.4B |
| Retained Earnings | $31.2B |
| Treasury Stock | -$31.6B |
| Accum. Other Comp. Income | -$700M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.2B |
| TOTAL LIABILITIES & EQUITY | $79.8B |
| Total Debt | $11.3B |
| Net Debt | $2.3B |
