| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.2B | $6.0B | $6.0B | 2.1% | 2.4% |
| Op. Income | $2.5B | $2.4B | $2.4B | 6.2% | 5.3% |
| Gross Margin | 46.1% | 45.3% | 45.4% | 0.8pp | 0.7pp |
| Net Margin | 30.5% | 27.0% | 27.9% | 3.5pp | 2.6pp |
| EPS (Diluted) | $3.15 | $2.70 | $2.74 | 16.6% | 15.0% |
| Free Cash Flow | $1.4B | $1.3B | $1.0B | 7.1% | 38.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $319M |
| Operating Expenses | $319M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.5B |
| Interest Income | $16M |
| Interest Expense | $335M |
| Other Income/Expenses | -$205M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $437M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $620M |
| EBIT | $2.6B |
| EBITDA | $3.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $319M |
| Operating Expenses | $319M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.5B |
| Interest Income | $16M |
| Interest Expense | $335M |
| Other Income/Expenses | -$205M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $437M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $620M |
| EBIT | $2.6B |
| EBITDA | $3.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $613M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$116M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$936M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | -$901M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$959M |
| Common Dividends Paid | -$795M |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$339M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $774M |
| Other Current Assets | $434M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $59.4B |
| Goodwill | $0 |
| Intangible Assets | $766M |
| Long-Term Investments | $2.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $64.4B |
| TOTAL ASSETS | $68.6B |
| Account Payables | $815M |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $30.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13.0B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $45.9B |
| TOTAL LIABILITIES | $52.3B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $5.5B |
| Retained Earnings | $67.5B |
| Treasury Stock | -$58.9B |
| Accum. Other Comp. Income | -$692M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.3B |
| TOTAL LIABILITIES & EQUITY | $68.6B |
| Total Debt | $34.0B |
| Net Debt | $32.9B |
