| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85.8B | — | $77.6B | — | 10.6% |
| Op. Income | $7.6B | — | $7.6B | — | -0.2% |
| Gross Margin | 17.8% | — | 19.2% | — | -1.4pp |
| Net Margin | 9.3% | — | 17.7% | — | -8.4pp |
| EPS (Diluted) | $6.15 | — | $10.48 | — | -41.3% |
| Free Cash Flow | -$2.8B | — | -$2.9B | — | 4.0% |
| Item | Amount |
|---|---|
| REVENUE | $85.8B |
| Cost of Revenue | $70.6B |
| GROSS PROFIT | $15.3B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.4B |
| Other Expenses | $0 |
| Operating Expenses | $7.7B |
| Cost & Expenses | $78.2B |
| OPERATING INCOME | $7.6B |
| Interest Income | $888M |
| Interest Expense | $241M |
| Other Income/Expenses | $3.3B |
| INCOME BEFORE TAX | $10.9B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $8.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6.4K |
| NET INCOME | $8.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.0B |
| D&A | $3.9B |
| EBIT | $10.1B |
| EBITDA | $14.0B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $85.8B |
| Cost of Revenue | $70.6B |
| GROSS PROFIT | $15.3B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.4B |
| Other Expenses | $0 |
| Operating Expenses | $7.7B |
| Cost & Expenses | $78.2B |
| OPERATING INCOME | $7.6B |
| Interest Income | $888M |
| Interest Expense | $241M |
| Other Income/Expenses | $3.3B |
| INCOME BEFORE TAX | $10.9B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $8.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6.4K |
| NET INCOME | $8.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.0B |
| D&A | $3.9B |
| EBIT | $10.1B |
| EBITDA | $14.0B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $8.0B |
| Depreciation & Amortization | $3.9B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$6.8B |
| OPERATING CASH FLOW | $5.1B |
| Capital Expenditure | -$7.9B |
| Acquisitions (Net) | $2.1B |
| Purchases of Investments | -$7.8B |
| Sales/Maturities of Investments | $6.8B |
| Other Investing Activities | $2.3B |
| NET CASH FROM INVESTING | -$5.1B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | $5M |
| Common Dividends Paid | -$3.8B |
| Other Financing Activities | -$159M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | -$2.8B |
| Net Change in Cash | -$4.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49.6B |
| Short-Term Investments | $0 |
| Net Receivables | $107.2B |
| Inventory | $29.0B |
| Other Current Assets | $71.4B |
| TOTAL CURRENT ASSETS | $257.2B |
| PP&E (Net) | $107.5B |
| Goodwill | $0 |
| Intangible Assets | $8.5B |
| Long-Term Investments | $259.1B |
| Tax Assets | $3.5B |
| Other Non-Current Assets | $5.8B |
| TOTAL NON-CURRENT ASSETS | $384.4B |
| TOTAL ASSETS | $641.6B |
| Account Payables | $33.4B |
| Short-Term Debt | $107.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $60.9B |
| TOTAL CURRENT LIABILITIES | $204.1B |
| Long-Term Debt | $157.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11.9B |
| Other Non-Current Liabilities | $17.8B |
| TOTAL NON-CURRENT LIABILITIES | $186.8B |
| TOTAL LIABILITIES | $390.9B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $236.8B |
| Treasury Stock | -$27.9B |
| Accum. Other Comp. Income | $29.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $244.3B |
| Minority Interest | $6.4B |
| TOTAL EQUITY | $250.7B |
| TOTAL LIABILITIES & EQUITY | $641.6B |
| Total Debt | $264.1B |
| Net Debt | $214.5B |
