### Revenue Performance
- Revenue: $49.78 billion, up 14% YoY, and a modest increase of 1.8% from Q1 2025.
### Profitability Metrics
- Gross Profit: $7.77 billion, down 40.5% YoY, indicating pressure from rising costs.
- Operating Income: $2.29 billion, a decline of 24.3% YoY.
- Net Income: $1.74 billion, reflecting a net margin of 3.5% amidst increasing operational intensity.
### Cash Flow and Balance Sheet
- Free Cash Flow: $451 million, demonstrating positive cash generation capability.
- Total Cash: $8.56 billion, with a strong liquidity position and cash reserves up from $6.45 billion at the beginning of the quarter.
- Total Debt: $30.19 billion, indicating a manageable debt profile relative to cash flows.
The decline in profitability metrics reflects elevated costs across the operational spectrum, yet the sustained revenue growth suggests market strength amidst these challenges.