| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.9B | — | $21.4B | — | 7.3% |
| Op. Income | $2.5B | — | $2.8B | — | -9.2% |
| Gross Margin | 32.5% | — | 33.7% | — | -1.1pp |
| Net Margin | 4.2% | — | 5.8% | — | -1.6pp |
| EPS (Diluted) | $0.40 | — | $0.46 | — | -12.8% |
| Free Cash Flow | $3.1B | — | $4.0B | — | -23.8% |
| Item | Amount |
|---|---|
| REVENUE | $22.9B |
| Cost of Revenue | $15.5B |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.8B |
| General & Administrative | $3.2B |
| SG&A Expenses | $5.0B |
| Other Expenses | -$71M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $2.5B |
| Interest Income | $36M |
| Interest Expense | $0 |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $969M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $969M |
| D&A | $4.8B |
| EBIT | $2.3B |
| EBITDA | $7.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22.9B |
| Cost of Revenue | $15.5B |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.8B |
| General & Administrative | $3.2B |
| SG&A Expenses | $5.0B |
| Other Expenses | -$71M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $2.5B |
| Interest Income | $36M |
| Interest Expense | $0 |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $969M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $969M |
| D&A | $4.8B |
| EBIT | $2.3B |
| EBITDA | $7.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $969M |
| Depreciation & Amortization | $7.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.8B |
| Change in Working Capital | -$887M |
| OPERATING CASH FLOW | $5.3B |
| Capital Expenditure | -$2.9B |
| Acquisitions (Net) | $32M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $208M |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | -$4.0B |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$652M |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$6.9B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | -$3.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.3B |
| Short-Term Investments | $7.5B |
| Net Receivables | $12.5B |
| Inventory | $839M |
| Other Current Assets | $470M |
| TOTAL CURRENT ASSETS | $29.6B |
| PP&E (Net) | $38.6B |
| Goodwill | $25.4B |
| Intangible Assets | $16.7B |
| Long-Term Investments | $11.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $28.3B |
| TOTAL NON-CURRENT ASSETS | $121.1B |
| TOTAL ASSETS | $150.7B |
| Account Payables | $14.8B |
| Short-Term Debt | $8.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $25.4B |
| Long-Term Debt | $40.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.7B |
| TOTAL NON-CURRENT LIABILITIES | $59.1B |
| TOTAL LIABILITIES | $84.5B |
| Common Stock | $4.9B |
| Additional Paid-In Capital | $175.4B |
| Retained Earnings | -$144.2B |
| Treasury Stock | -$8.2B |
| Accum. Other Comp. Income | $33.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61.8B |
| Minority Interest | $4.4B |
| TOTAL EQUITY | $66.2B |
| TOTAL LIABILITIES & EQUITY | $150.7B |
| Total Debt | $63.0B |
| Net Debt | $54.7B |
