| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77.6B | $71.7B | — | 8.3% | — |
| Op. Income | $7.6B | $7.2B | — | 5.1% | — |
| Gross Margin | 19.2% | 21.3% | — | -2.1pp | — |
| Net Margin | 17.7% | 5.0% | — | 12.7pp | — |
| EPS (Diluted) | $10.48 | $2.70 | — | 287.5% | — |
| Free Cash Flow | -$2.9B | -$1.4B | — | -103.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $77.6B |
| Cost of Revenue | $62.7B |
| GROSS PROFIT | $14.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7.3B |
| Other Expenses | $0 |
| Operating Expenses | $7.3B |
| Cost & Expenses | $70.0B |
| OPERATING INCOME | $7.6B |
| Interest Income | $963M |
| Interest Expense | $674M |
| Other Income/Expenses | $9.3B |
| INCOME BEFORE TAX | $16.9B |
| Income Tax Expense | $3.0B |
| Net Income from Continuing Ops | $13.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.7B |
| D&A | $3.5B |
| EBIT | $17.6B |
| EBITDA | $21.1B |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| REVENUE | $77.6B |
| Cost of Revenue | $62.7B |
| GROSS PROFIT | $14.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7.3B |
| Other Expenses | $0 |
| Operating Expenses | $7.3B |
| Cost & Expenses | $70.0B |
| OPERATING INCOME | $7.6B |
| Interest Income | $963M |
| Interest Expense | $674M |
| Other Income/Expenses | $9.3B |
| INCOME BEFORE TAX | $16.9B |
| Income Tax Expense | $3.0B |
| Net Income from Continuing Ops | $13.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.7B |
| D&A | $3.5B |
| EBIT | $17.6B |
| EBITDA | $21.1B |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| Net Income | $13.7B |
| Depreciation & Amortization | $3.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.7B |
| Change in Working Capital | -$9.3B |
| OPERATING CASH FLOW | $6.3B |
| Capital Expenditure | -$9.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.6B |
| Sales/Maturities of Investments | $3.8B |
| Other Investing Activities | $7.2B |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | $3.1B |
| Common Stock Repurchased | -$892M |
| Common Dividends Paid | -$3.3B |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | -$2.9B |
| Net Change in Cash | $4.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51.9B |
| Short-Term Investments | $35.1B |
| Net Receivables | $24.1B |
| Inventory | $28.1B |
| Other Current Assets | $84.9B |
| TOTAL CURRENT ASSETS | $224.0B |
| PP&E (Net) | $100.0B |
| Goodwill | $0 |
| Intangible Assets | $8.2B |
| Long-Term Investments | $106.9B |
| Tax Assets | $3.6B |
| Other Non-Current Assets | $150.4B |
| TOTAL NON-CURRENT ASSETS | $369.1B |
| TOTAL ASSETS | $593.1B |
| Account Payables | $31.7B |
| Short-Term Debt | $100.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38.1B |
| TOTAL CURRENT LIABILITIES | $184.4B |
| Long-Term Debt | $147.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13.5B |
| Other Non-Current Liabilities | $17.0B |
| TOTAL NON-CURRENT LIABILITIES | $177.8B |
| TOTAL LIABILITIES | $362.2B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $220.8B |
| Treasury Stock | -$26.8B |
| Accum. Other Comp. Income | $25.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $225.0B |
| Minority Interest | $5.9B |
| TOTAL EQUITY | $230.9B |
| TOTAL LIABILITIES & EQUITY | $593.1B |
| Total Debt | $248.0B |
| Net Debt | $196.1B |
