| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27.1B | — | $26.8B | — | 1.1% |
| Op. Income | $6.8B | — | $8.3B | — | -18.0% |
| Gross Margin | 25.0% | — | 32.5% | — | -7.5pp |
| Net Margin | 16.8% | — | 21.7% | — | -4.8pp |
| EPS (Diluted) | $2.79 | — | $3.56 | — | -21.6% |
| Free Cash Flow | $2.3B | — | $3.0B | — | -25.5% |
| Item | Amount |
|---|---|
| REVENUE | $27.1B |
| Cost of Revenue | $20.3B |
| GROSS PROFIT | $6.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $20.3B |
| OPERATING INCOME | $6.8B |
| Interest Income | $250M |
| Interest Expense | $549M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $6.8B |
| Income Tax Expense | $2.2B |
| Net Income from Continuing Ops | $4.6B |
| 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 | $3.4B |
| EBIT | $6.6B |
| EBITDA | $10.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $27.1B |
| Cost of Revenue | $20.3B |
| GROSS PROFIT | $6.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $20.3B |
| OPERATING INCOME | $6.8B |
| Interest Income | $250M |
| Interest Expense | $549M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $6.8B |
| Income Tax Expense | $2.2B |
| Net Income from Continuing Ops | $4.6B |
| 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 | $3.4B |
| EBIT | $6.6B |
| EBITDA | $10.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $4.6B |
| Depreciation & Amortization | $3.4B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$259M |
| Change in Working Capital | -$635M |
| OPERATING CASH FLOW | $7.0B |
| Capital Expenditure | -$4.8B |
| Acquisitions (Net) | -$5.3B |
| Purchases of Investments | -$407M |
| Sales/Maturities of Investments | $119M |
| Other Investing Activities | -$189M |
| NET CASH FROM INVESTING | -$10.5B |
| Net Debt Issuance | $8.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3.8B |
| Other Financing Activities | -$290M |
| NET CASH FROM FINANCING | $3.9B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | $520M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.0B |
| Short-Term Investments | $319M |
| Net Receivables | $221M |
| Inventory | $6.8B |
| Other Current Assets | $4.6B |
| TOTAL CURRENT ASSETS | $21.0B |
| PP&E (Net) | $79.1B |
| Goodwill | $2.6B |
| Intangible Assets | $5.2B |
| Long-Term Investments | $7.1B |
| Tax Assets | $4.0B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $99.8B |
| TOTAL ASSETS | $120.8B |
| Account Payables | $9.2B |
| Short-Term Debt | $875M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $13.7B |
| Long-Term Debt | $21.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.1B |
| Other Non-Current Liabilities | $18.2B |
| TOTAL NON-CURRENT LIABILITIES | $45.1B |
| TOTAL LIABILITIES | $58.8B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $43.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.2B |
| Minority Interest | $3.8B |
| TOTAL EQUITY | $62.0B |
| TOTAL LIABILITIES & EQUITY | $120.8B |
| Total Debt | $23.6B |
| Net Debt | $14.6B |
