| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.4B | — | $25.6B | — | -16.7% |
| Op. Income | $2.8B | — | $1.9B | — | 43.9% |
| Gross Margin | 33.7% | — | 30.4% | — | 3.3pp |
| Net Margin | 5.8% | — | -1.6% | — | 7.4pp |
| EPS (Diluted) | $0.46 | — | $-0.15 | — | 400.0% |
| Free Cash Flow | $4.0B | — | $3.7B | — | 8.5% |
| Item | Amount |
|---|---|
| REVENUE | $21.4B |
| Cost of Revenue | $14.2B |
| GROSS PROFIT | $7.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.6B |
| General & Administrative | $3.2B |
| SG&A Expenses | $4.7B |
| Other Expenses | -$332M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $18.6B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $324M |
| Other Income/Expenses | -$324M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $19M |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $4.3B |
| EBIT | $2.8B |
| EBITDA | $7.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21.4B |
| Cost of Revenue | $14.2B |
| GROSS PROFIT | $7.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.6B |
| General & Administrative | $3.2B |
| SG&A Expenses | $4.7B |
| Other Expenses | -$332M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $18.6B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $324M |
| Other Income/Expenses | -$324M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $19M |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $4.3B |
| EBIT | $2.8B |
| EBITDA | $7.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $6.1B |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $862M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $6.6B |
| Capital Expenditure | -$2.6B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5.4B |
| NET CASH FROM INVESTING | $2.9B |
| Net Debt Issuance | -$3.5B |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | -$2.6B |
| NET CASH FROM FINANCING | -$8.6B |
| FREE CASH FLOW | $4.0B |
| Net Change in Cash | $8.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.1B |
| Short-Term Investments | $7.9B |
| Net Receivables | $13.2B |
| Inventory | $902M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31.1B |
| PP&E (Net) | $38.7B |
| Goodwill | $32.7B |
| Intangible Assets | $17.5B |
| Long-Term Investments | $20.6B |
| Tax Assets | $25.7B |
| Other Non-Current Assets | $15.7B |
| TOTAL NON-CURRENT ASSETS | $151.0B |
| TOTAL ASSETS | $182.1B |
| Account Payables | $15.9B |
| Short-Term Debt | $11.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $981M |
| TOTAL CURRENT LIABILITIES | $28.9B |
| Long-Term Debt | $61.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $848M |
| Other Non-Current Liabilities | $11.7B |
| TOTAL NON-CURRENT LIABILITIES | $74.2B |
| TOTAL LIABILITIES | $103.0B |
| Common Stock | $6.1B |
| Additional Paid-In Capital | $195.0B |
| Retained Earnings | -$151.0B |
| Treasury Stock | -$10.1B |
| Accum. Other Comp. Income | $37.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $77.8B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $79.1B |
| TOTAL LIABILITIES & EQUITY | $182.1B |
| Total Debt | $72.8B |
| Net Debt | $63.6B |
