| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.7B | $4.1B | 1.6% | 14.5% |
| Op. Income | $954M | $976M | $748M | -2.3% | 27.5% |
| Gross Margin | 36.8% | 37.2% | 35.2% | -0.5pp | 1.6pp |
| Net Margin | 18.0% | 16.1% | 0.3% | 2.0pp | 17.7pp |
| EPS (Diluted) | $2.90 | $2.53 | $0.04 | 14.6% | 6597.5% |
| Free Cash Flow | $677M | $607M | $423M | 11.5% | 60.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $237M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $536M |
| Other Expenses | $18M |
| Operating Expenses | $791M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $954M |
| Interest Income | $21M |
| Interest Expense | $32M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $942M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $855M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $855M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $855M |
| D&A | $0 |
| EBIT | $955M |
| EBITDA | $955M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $237M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $536M |
| Other Expenses | $18M |
| Operating Expenses | $791M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $954M |
| Interest Income | $21M |
| Interest Expense | $32M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $942M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $855M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $855M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $855M |
| D&A | $0 |
| EBIT | $955M |
| EBITDA | $955M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $855M |
| Depreciation & Amortization | $243M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $82M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$291M |
| OPERATING CASH FLOW | $947M |
| Capital Expenditure | -$270M |
| Acquisitions (Net) | -$200M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$470M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$414M |
| Common Dividends Paid | -$208M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$615M |
| FREE CASH FLOW | $677M |
| Net Change in Cash | -$141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $3.0B |
| Other Current Assets | $682M |
| TOTAL CURRENT ASSETS | $8.2B |
| PP&E (Net) | $4.5B |
| Goodwill | $7.4B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $2.3B |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $17.4B |
| TOTAL ASSETS | $25.7B |
| Account Payables | $2.2B |
| Short-Term Debt | $102M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $198M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | -$815M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $149M |
| Other Equity | $13.9B |
| TOTAL STOCKHOLDERS' EQUITY | $13.2B |
| Minority Interest | $148M |
| TOTAL EQUITY | $13.4B |
| TOTAL LIABILITIES & EQUITY | $25.7B |
| Total Debt | $5.7B |
| Net Debt | $4.5B |
