| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $6.3B | $6.2B | 0.7% | 3.2% |
| Op. Income | $1.2B | $1.1B | $1.1B | 6.7% | 3.7% |
| Gross Margin | 49.2% | 49.4% | 49.1% | -0.2pp | 0.0pp |
| Net Margin | 13.1% | 12.0% | 13.1% | 1.2pp | 0.0pp |
| EPS (Diluted) | $3.35 | $3.00 | $3.18 | 11.7% | 5.3% |
| Free Cash Flow | $1.1B | $931M | $839M | 19.3% | 32.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.0B |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $3M |
| Interest Expense | $117M |
| Other Income/Expenses | -$112M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $227M |
| Net Income from Continuing Ops | $833M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $833M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $833M |
| D&A | $167M |
| EBIT | $1.2B |
| EBITDA | $1.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.0B |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $3M |
| Interest Expense | $117M |
| Other Income/Expenses | -$112M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $227M |
| Net Income from Continuing Ops | $833M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $833M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $833M |
| D&A | $167M |
| EBIT | $1.2B |
| EBITDA | $1.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $833M |
| Depreciation & Amortization | $167M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $94M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$196M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $826M |
| Common Stock Repurchased | -$668M |
| Common Dividends Paid | -$196M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $0 |
| Net Receivables | $3.1B |
| Inventory | $2.3B |
| Other Current Assets | $506M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $7.5B |
| Goodwill | $7.8B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $232M |
| TOTAL NON-CURRENT ASSETS | $20.1B |
| TOTAL ASSETS | $26.2B |
| Account Payables | $2.4B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $657M |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $14.3B |
| TOTAL LIABILITIES | $21.8B |
| Common Stock | $93M |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $8.7B |
| Treasury Stock | -$8.5B |
| Accum. Other Comp. Income | -$590M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $26.2B |
| Total Debt | $13.6B |
| Net Debt | $13.3B |
