| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $5.3B | — | 13.8% | — |
| Op. Income | $476M | $488M | — | -2.4% | — |
| Gross Margin | 43.4% | 45.8% | — | -2.4pp | — |
| Net Margin | 6.2% | 7.9% | — | -1.7pp | — |
| EPS (Diluted) | $0.59 | $0.69 | — | -14.5% | — |
| Free Cash Flow | $1.0B | $1.4B | — | -25.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $286M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $347M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $476M |
| Interest Income | $81M |
| Interest Expense | $9M |
| Other Income/Expenses | $60M |
| INCOME BEFORE TAX | $536M |
| Income Tax Expense | $161M |
| Net Income from Continuing Ops | $375M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $372M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $372M |
| D&A | $92M |
| EBIT | $545M |
| EBITDA | $637M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $286M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $347M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $476M |
| Interest Income | $81M |
| Interest Expense | $9M |
| Other Income/Expenses | $60M |
| INCOME BEFORE TAX | $536M |
| Income Tax Expense | $161M |
| Net Income from Continuing Ops | $375M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $372M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $372M |
| D&A | $92M |
| EBIT | $545M |
| EBITDA | $637M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $375M |
| Depreciation & Amortization | -$91M |
| Stock-Based Compensation | $179M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $713M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$135M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$488M |
| NET CASH FROM INVESTING | -$623M |
| Net Debt Issuance | -$165M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $454M |
| NET CASH FROM FINANCING | $289M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $792M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $6.8B |
| Net Receivables | $7.2B |
| Inventory | $209M |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $21.1B |
| PP&E (Net) | $2.5B |
| Goodwill | $105M |
| Intangible Assets | $16M |
| Long-Term Investments | $1.8B |
| Tax Assets | $607M |
| Other Non-Current Assets | $595M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $26.8B |
| Account Payables | $480M |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $2.0B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14.7B |
| Long-Term Debt | $295M |
| Deferred Revenue NC | $160M |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $225M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $298.0K |
| Additional Paid-In Capital | $17.2B |
| Retained Earnings | -$7.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $108M |
| TOTAL EQUITY | $10.3B |
| TOTAL LIABILITIES & EQUITY | $26.8B |
| Total Debt | $4.2B |
| Net Debt | $1.2B |
