| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.5B | — | -2.4% | — |
| Op. Income | $936M | $989M | — | -5.4% | — |
| Gross Margin | 70.2% | 72.3% | — | -2.1pp | — |
| Net Margin | 30.0% | 29.2% | — | 0.9pp | — |
| EPS (Diluted) | $1.63 | $1.61 | — | 1.2% | — |
| Free Cash Flow | $805M | $308M | — | 161.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $715M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $170M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $579M |
| Other Expenses | $0 |
| Operating Expenses | $749M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $936M |
| Interest Income | $26M |
| Interest Expense | $64M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $887M |
| Income Tax Expense | $166M |
| Net Income from Continuing Ops | $721M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $721M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $721M |
| D&A | $124M |
| EBIT | $945M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $715M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $170M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $579M |
| Other Expenses | $0 |
| Operating Expenses | $749M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $936M |
| Interest Income | $26M |
| Interest Expense | $64M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $887M |
| Income Tax Expense | $166M |
| Net Income from Continuing Ops | $721M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $721M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $721M |
| D&A | $124M |
| EBIT | $945M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $721M |
| Depreciation & Amortization | $124M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $938M |
| Capital Expenditure | -$133M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $73M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $484M |
| Common Stock Repurchased | -$394M |
| Common Dividends Paid | -$222M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $805M |
| Net Change in Cash | $649M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $2.5B |
| Other Current Assets | $493M |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $3.9B |
| Goodwill | $2.8B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $1M |
| Tax Assets | $587M |
| Other Non-Current Assets | $292M |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $15.2B |
| Account Payables | $410M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $896M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $147M |
| Other Non-Current Liabilities | $534M |
| TOTAL NON-CURRENT LIABILITIES | $8.0B |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $13.6B |
| Treasury Stock | -$8.6B |
| Accum. Other Comp. Income | -$818M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $15.2B |
| Total Debt | $7.3B |
| Net Debt | $5.2B |
