| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | — | $3.0B | — | -1.9% |
| Op. Income | $937M | — | $363M | — | 158.3% |
| Gross Margin | 91.4% | — | 88.1% | — | 3.3pp |
| Net Margin | 2.1% | — | 7.6% | — | -5.6pp |
| EPS (Diluted) | $0.15 | — | $0.58 | — | -74.5% |
| Free Cash Flow | $750M | — | $501M | — | 49.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $252M |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $54M |
| Selling & Marketing | $23M |
| General & Administrative | -$23M |
| SG&A Expenses | $353M |
| Other Expenses | $1.3B |
| Operating Expenses | $1.7B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $937M |
| Interest Income | $13M |
| Interest Expense | $77M |
| Other Income/Expenses | -$775M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $604M |
| EBIT | $227M |
| EBITDA | $831M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $252M |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $54M |
| Selling & Marketing | $23M |
| General & Administrative | -$23M |
| SG&A Expenses | $353M |
| Other Expenses | $1.3B |
| Operating Expenses | $1.7B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $937M |
| Interest Income | $13M |
| Interest Expense | $77M |
| Other Income/Expenses | -$775M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $604M |
| EBIT | $227M |
| EBITDA | $831M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $604M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$81M |
| Change in Working Capital | $364M |
| OPERATING CASH FLOW | $948M |
| Capital Expenditure | -$198M |
| Acquisitions (Net) | $13M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $274M |
| NET CASH FROM INVESTING | $89M |
| Net Debt Issuance | $193M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$305M |
| Other Financing Activities | -$877M |
| NET CASH FROM FINANCING | -$989M |
| FREE CASH FLOW | $750M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $136M |
| Net Receivables | $1.8B |
| Inventory | $130M |
| Other Current Assets | $107M |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $8.0B |
| Goodwill | $1.4B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $14.7B |
| TOTAL ASSETS | $19.8B |
| Account Payables | $90M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $126M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $53M |
| Deferred Tax Liabilities | $623M |
| Other Non-Current Liabilities | $257M |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $21M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $15.6B |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | $482M |
| Other Equity | -$9.2B |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $81M |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $19.8B |
| Total Debt | $7.2B |
| Net Debt | $5.6B |
