| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.7B | $11.5B | $10.7B | 9.7% | 18.2% |
| Op. Income | $1.4B | $1.2B | $796M | 18.1% | 82.2% |
| Gross Margin | 39.8% | 39.9% | 39.4% | -0.0pp | 0.5pp |
| Net Margin | 10.7% | 15.4% | 9.5% | -4.7pp | 1.2pp |
| EPS (Diluted) | $0.63 | $0.83 | $0.47 | -24.1% | 34.0% |
| Free Cash Flow | $2.5B | $2.3B | $1.7B | 10.0% | 43.8% |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $840M |
| Selling & Marketing | $1.2B |
| General & Administrative | $669M |
| SG&A Expenses | $1.9B |
| Other Expenses | $871M |
| Operating Expenses | $3.6B |
| Cost & Expenses | $11.2B |
| OPERATING INCOME | $1.4B |
| Interest Income | $181M |
| Interest Expense | $108M |
| Other Income/Expenses | $42M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $14M |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $181M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $840M |
| Selling & Marketing | $1.2B |
| General & Administrative | $669M |
| SG&A Expenses | $1.9B |
| Other Expenses | $871M |
| Operating Expenses | $3.6B |
| Cost & Expenses | $11.2B |
| OPERATING INCOME | $1.4B |
| Interest Income | $181M |
| Interest Expense | $108M |
| Other Income/Expenses | $42M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $14M |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $181M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $181M |
| Stock-Based Compensation | $475M |
| Deferred Income Tax | $87M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $449M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$89M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.1B |
| Sales/Maturities of Investments | $4.6B |
| Other Investing Activities | -$901M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $69M |
| NET CASH FROM FINANCING | -$195M |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.6B |
| Short-Term Investments | $932M |
| Net Receivables | $4.4B |
| Inventory | $0 |
| Other Current Assets | $717M |
| TOTAL CURRENT ASSETS | $14.1B |
| PP&E (Net) | $3.1B |
| Goodwill | $8.9B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $19.3B |
| Tax Assets | $6.5B |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $41.9B |
| TOTAL ASSETS | $56.0B |
| Account Payables | $1.0B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $12.7B |
| Long-Term Debt | $9.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $68M |
| Other Non-Current Liabilities | $8.6B |
| TOTAL NON-CURRENT LIABILITIES | $19.7B |
| TOTAL LIABILITIES | $32.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $40.6B |
| Retained Earnings | -$17.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$435M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.6B |
| Minority Interest | $1.0B |
| TOTAL EQUITY | $23.6B |
| TOTAL LIABILITIES & EQUITY | $56.0B |
| Total Debt | $12.3B |
| Net Debt | $4.7B |
