| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.4B | $12.6B | $16.6B | 22.7% | -7.0% |
| Op. Income | $4.2B | $1.7B | $4.2B | 145.8% | -0.3% |
| Gross Margin | 74.1% | 72.1% | 71.1% | 2.0pp | 2.9pp |
| Net Margin | 21.3% | 36.7% | 19.9% | -15.4pp | 1.4pp |
| EPS (Diluted) | $1.33 | $1.87 | $1.32 | -28.7% | 0.9% |
| Free Cash Flow | $5.4B | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $15.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $11.4B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.7B |
| Other Expenses | $2.4B |
| Operating Expenses | $7.2B |
| Cost & Expenses | $11.2B |
| OPERATING INCOME | $4.2B |
| Interest Income | $133M |
| Interest Expense | $265M |
| Other Income/Expenses | -$134M |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $795M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | -$23M |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $539M |
| EBIT | $4.4B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $11.4B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.7B |
| Other Expenses | $2.4B |
| Operating Expenses | $7.2B |
| Cost & Expenses | $11.2B |
| OPERATING INCOME | $4.2B |
| Interest Income | $133M |
| Interest Expense | $265M |
| Other Income/Expenses | -$134M |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $795M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | -$23M |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $539M |
| EBIT | $4.4B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | -$387M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $560M |
| Change in Working Capital | $935M |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | $988M |
| Acquisitions (Net) | $629M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12.2B |
| NET CASH FROM INVESTING | -$10.6B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.3B |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $5.4B |
| Net Change in Cash | $10.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.4B |
| Short-Term Investments | $0 |
| Net Receivables | $581M |
| Inventory | $28.6B |
| Other Current Assets | $161M |
| TOTAL CURRENT ASSETS | $39.8B |
| PP&E (Net) | $13.1B |
| Goodwill | $0 |
| Intangible Assets | $80.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18.4B |
| TOTAL NON-CURRENT ASSETS | $112.0B |
| TOTAL ASSETS | $151.8B |
| Account Payables | $25.7B |
| Short-Term Debt | $9.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $37.5B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $10.8B |
| TOTAL NON-CURRENT LIABILITIES | $28.2B |
| TOTAL LIABILITIES | $65.8B |
| Common Stock | $85.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85.7B |
| Minority Interest | $316M |
| TOTAL EQUITY | $86.0B |
| TOTAL LIABILITIES & EQUITY | $151.8B |
| Total Debt | $25.4B |
| Net Debt | $15.0B |
