| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.8B | $8.1B | — | 8.4% | — |
| Op. Income | $2.0B | $1.8B | — | 11.4% | — |
| Gross Margin | 30.9% | 32.9% | — | -2.0pp | — |
| Net Margin | 24.0% | 17.2% | — | 6.9pp | — |
| EPS (Diluted) | $0.50 | $0.33 | — | 51.5% | — |
| Free Cash Flow | $732M | $424M | — | 72.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $8.8B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $159M |
| Selling & Marketing | $0 |
| General & Administrative | $124M |
| SG&A Expenses | $124M |
| Other Expenses | $432M |
| Operating Expenses | $715M |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $2.0B |
| Interest Income | $95M |
| Interest Expense | $379M |
| Other Income/Expenses | $99M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $780M |
| EBIT | $2.5B |
| EBITDA | $3.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.8B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $159M |
| Selling & Marketing | $0 |
| General & Administrative | $124M |
| SG&A Expenses | $124M |
| Other Expenses | $432M |
| Operating Expenses | $715M |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $2.0B |
| Interest Income | $95M |
| Interest Expense | $379M |
| Other Income/Expenses | $99M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $780M |
| EBIT | $2.5B |
| EBITDA | $3.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $715M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$517M |
| Change in Working Capital | -$415M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | -$971M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $732M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.5B |
| Short-Term Investments | $182M |
| Net Receivables | $3.7B |
| Inventory | $5.2B |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $17.6B |
| PP&E (Net) | $44.3B |
| Goodwill | $3.1B |
| Intangible Assets | $7.7B |
| Long-Term Investments | $4.8B |
| Tax Assets | $9.0B |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $72.8B |
| TOTAL ASSETS | $90.4B |
| Account Payables | $5.5B |
| Short-Term Debt | $685M |
| Deferred Revenue | $539M |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $14.5B |
| Long-Term Debt | $18.9B |
| Deferred Revenue NC | $2.1B |
| Deferred Tax Liabilities | $127M |
| Other Non-Current Liabilities | $13.7B |
| TOTAL NON-CURRENT LIABILITIES | $35.4B |
| TOTAL LIABILITIES | $49.9B |
| Common Stock | $61.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.5B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | -$22.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39.3B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $40.5B |
| TOTAL LIABILITIES & EQUITY | $90.4B |
| Total Debt | $20.3B |
| Net Debt | $14.8B |
