| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.0B | $11.7B | — | -5.9% | — |
| Op. Income | $3.1B | $3.6B | — | -12.2% | — |
| Gross Margin | 55.0% | 55.8% | — | -0.7pp | — |
| Net Margin | 25.6% | 27.3% | — | -1.6pp | — |
| EPS (Diluted) | $2.52 | $2.83 | — | -11.0% | — |
| Free Cash Flow | $2.3B | $4.3B | — | -45.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $11.0B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $706M |
| Other Expenses | $0 |
| Operating Expenses | $2.9B |
| Cost & Expenses | $7.9B |
| OPERATING INCOME | $3.1B |
| Interest Income | $167M |
| Interest Expense | $163M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $293M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $178M |
| EBIT | $2.9B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $11.0B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $706M |
| Other Expenses | $0 |
| Operating Expenses | $2.9B |
| Cost & Expenses | $7.9B |
| OPERATING INCOME | $3.1B |
| Interest Income | $167M |
| Interest Expense | $163M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $293M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $178M |
| EBIT | $2.9B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $397M |
| Stock-Based Compensation | $702M |
| Deferred Income Tax | -$247M |
| Other Non-Cash Items | -$1.1B |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$214M |
| Acquisitions (Net) | -$81M |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.7B |
| Common Dividends Paid | -$938M |
| Other Financing Activities | -$296M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $6.6B |
| Net Receivables | $3.7B |
| Inventory | $6.2B |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $26.1B |
| PP&E (Net) | $4.4B |
| Goodwill | $10.9B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $5.8B |
| Other Non-Current Assets | $7.0B |
| TOTAL NON-CURRENT ASSETS | $29.3B |
| TOTAL ASSETS | $55.4B |
| Account Payables | $2.5B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $232M |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $13.3B |
| Deferred Revenue NC | $82M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.8B |
| TOTAL NON-CURRENT LIABILITIES | $18.1B |
| TOTAL LIABILITIES | $27.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $27.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $395M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $27.7B |
| TOTAL LIABILITIES & EQUITY | $55.4B |
| Total Debt | $14.6B |
| Net Debt | $7.4B |
