| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.6B | $9.5B | $8.8B | 0.9% | 9.3% |
| Op. Income | $5.4B | $6.2B | $5.4B | -12.8% | 1.5% |
| Gross Margin | 80.4% | 78.8% | 79.6% | 1.6pp | 0.8pp |
| Net Margin | 47.7% | 53.8% | 53.1% | -6.1pp | -5.4pp |
| EPS (Diluted) | $2.32 | $2.58 | $2.29 | -10.1% | 1.3% |
| Free Cash Flow | $4.4B | $5.1B | $4.3B | -13.5% | 2.6% |
| Item | Amount |
|---|---|
| REVENUE | $9.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $381M |
| General & Administrative | $592M |
| SG&A Expenses | $973M |
| Other Expenses | $1.3B |
| Operating Expenses | $2.3B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $5.4B |
| Interest Income | $0 |
| Interest Expense | $158M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $5.4B |
| Income Tax Expense | $861M |
| Net Income from Continuing Ops | $4.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.6B |
| D&A | $305M |
| EBIT | $5.6B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $381M |
| General & Administrative | $592M |
| SG&A Expenses | $973M |
| Other Expenses | $1.3B |
| Operating Expenses | $2.3B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $5.4B |
| Interest Income | $0 |
| Interest Expense | $158M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $5.4B |
| Income Tax Expense | $861M |
| Net Income from Continuing Ops | $4.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.6B |
| D&A | $305M |
| EBIT | $5.6B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.6B |
| Depreciation & Amortization | $305M |
| Stock-Based Compensation | $259M |
| Deferred Income Tax | -$124M |
| Other Non-Cash Items | $3.8B |
| Change in Working Capital | -$4.1B |
| OPERATING CASH FLOW | $4.7B |
| Capital Expenditure | -$327M |
| Acquisitions (Net) | $19M |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $226M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4.6B |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$5.7B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | -$830M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.7B |
| Short-Term Investments | $2.0B |
| Net Receivables | $7.0B |
| Inventory | $0 |
| Other Current Assets | $12.2B |
| TOTAL CURRENT ASSETS | $32.9B |
| PP&E (Net) | $4.0B |
| Goodwill | $19.6B |
| Intangible Assets | $26.4B |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.4B |
| TOTAL NON-CURRENT ASSETS | $59.9B |
| TOTAL ASSETS | $92.9B |
| Account Payables | $421M |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.0B |
| TOTAL CURRENT LIABILITIES | $30.4B |
| Long-Term Debt | $16.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.2B |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $24.4B |
| TOTAL LIABILITIES | $54.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $21.6B |
| Retained Earnings | $16.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$947M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $38.0B |
| TOTAL LIABILITIES & EQUITY | $92.9B |
| Total Debt | $20.8B |
| Net Debt | $9.0B |
