| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.1B | $15.9B | — | -5.3% | — |
| Op. Income | $3.7B | $3.2B | — | 14.9% | — |
| Gross Margin | 46.5% | 54.6% | — | -8.0pp | — |
| Net Margin | 17.1% | 13.9% | — | 3.1pp | — |
| EPS (Diluted) | $0.65 | $0.56 | — | 16.1% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $15.1B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $7.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.8B |
| SG&A Expenses | $3.8B |
| Other Expenses | -$422M |
| Operating Expenses | $3.3B |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $3.7B |
| Interest Income | $11.1B |
| Interest Expense | $7.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6.3K |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $0 |
| EBIT | $3.7B |
| EBITDA | $3.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.1B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $7.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.8B |
| SG&A Expenses | $3.8B |
| Other Expenses | -$422M |
| Operating Expenses | $3.3B |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $3.7B |
| Interest Income | $11.1B |
| Interest Expense | $7.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6.3K |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $0 |
| EBIT | $3.7B |
| EBITDA | $3.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.6B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | -$1.5B |
| TOTAL CURRENT ASSETS | $467.0B |
| PP&E (Net) | $6.3B |
| Goodwill | $0 |
| Intangible Assets | $6.4B |
| Long-Term Investments | $1.0T |
| Tax Assets | $383M |
| Other Non-Current Assets | $428.9B |
| TOTAL NON-CURRENT ASSETS | $1.5T |
| TOTAL ASSETS | $1.9T |
| Account Payables | $0 |
| Short-Term Debt | $176.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2T |
| TOTAL CURRENT LIABILITIES | $1.4T |
| Long-Term Debt | $183.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.2B |
| Other Non-Current Liabilities | $244.6B |
| TOTAL NON-CURRENT LIABILITIES | $432.2B |
| TOTAL LIABILITIES | $1.9T |
| Common Stock | $14.7B |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $52.6B |
| Treasury Stock | -$822M |
| Accum. Other Comp. Income | $24.5B |
| Other Equity | $5M |
| TOTAL STOCKHOLDERS' EQUITY | $94.8B |
| Minority Interest | $916M |
| TOTAL EQUITY | $95.7B |
| TOTAL LIABILITIES & EQUITY | $1.9T |
| Total Debt | $359.6B |
| Net Debt | -$107.4B |
