| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $4.8B | — | 8.6% | — |
| Op. Income | $488M | $456M | — | 6.9% | — |
| Gross Margin | 45.8% | 46.2% | — | -0.4pp | — |
| Net Margin | 7.9% | 8.3% | — | -0.5pp | — |
| EPS (Diluted) | $0.69 | $0.63 | — | 9.5% | — |
| Free Cash Flow | $1.4B | $757M | — | 84.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $297M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $292M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $488M |
| Interest Income | $91M |
| Interest Expense | $9M |
| Other Income/Expenses | $71M |
| INCOME BEFORE TAX | $558M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $414M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $8M |
| NET INCOME | $414M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $414M |
| D&A | $2M |
| EBIT | $488M |
| EBITDA | $490M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $297M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $292M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $488M |
| Interest Income | $91M |
| Interest Expense | $9M |
| Other Income/Expenses | $71M |
| INCOME BEFORE TAX | $558M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $414M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $8M |
| NET INCOME | $414M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $414M |
| D&A | $2M |
| EBIT | $488M |
| EBITDA | $490M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $414M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $162M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$216M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.3B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$94M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $148M |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $7.2B |
| Net Receivables | $6.3B |
| Inventory | $169M |
| Other Current Assets | $3.9B |
| TOTAL CURRENT ASSETS | $19.7B |
| PP&E (Net) | $2.4B |
| Goodwill | $108M |
| Intangible Assets | $15M |
| Long-Term Investments | $2.1B |
| Tax Assets | $602M |
| Other Non-Current Assets | $482M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $25.4B |
| Account Payables | $359M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12.7B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $178M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $223M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $297.0K |
| Additional Paid-In Capital | $17.0B |
| Retained Earnings | -$7.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | $107M |
| TOTAL EQUITY | $9.8B |
| TOTAL LIABILITIES & EQUITY | $25.4B |
| Total Debt | $4.2B |
| Net Debt | $2.0B |
