Revenue and profitability metrics (USD, quarter ended 2025-06-30):
- Revenue: $2,787,000,000; YoY +4.03%; QoQ -6.51%
- Gross Profit: $476,000,000; Gross Margin 17.08%; YoY +7.94%; QoQ -16.78%
- EBITDA: $425,000,000; EBITDA Margin 15.25%
- Operating Income: $304,000,000; Operating Margin 10.91%; YoY +14.29%; QoQ -23.81%
- Net Income: $215,000,000; Net Margin 7.71%; YoY +1.42%; QoQ -26.37%
- Earnings per share (diluted): $0.57; EPS (basic): $0.58; YoY +5.45%; QoQ -25.64%
Balance sheet and liquidity:
- Cash and cash equivalents: $592,000,000; Total cash & short-term investments: $2,155,000,000
- Total assets: $10,983,000,000; Total liabilities: $4,514,000,000; Stockholders’ equity: $5,789,000,000
- Long-term debt: $1,808,000,000; Total debt: $2,230,000,000; Net debt: $1,638,000,000
- Current ratio: 1.39; Quick ratio: 1.22; Cash ratio: 0.27
Cash flow and capital allocation:
- Net cash provided by operating activities: $414,587,454; Free cash flow: $291,811,820
- Capital expenditures: $122,775,634; Purchases of investments: $(2,097,793,283); Sales/maturities of investments: $2,000,694,457
- Net cash used in investing activities: $(218,868,474); Debt repayments: $(129,386,321)
- Common stock repurchased: $(196,102,064); Dividends paid: $(90,539,053)
- Net cash used provided by financing activities: $(431,123,270); Net change in cash: $(233,000,000)
- Ending cash: $592,000,000; Payout ratio: 41.9%; Dividend yield: 0.54%
Valuation and efficiency:
- Price-to-earnings: 19.39x; Price-to-book: 2.88x; Price-to-sales: 5.98x; EV/EBITDA: 43.09x
- Operating cash flow per share: $1.105; Free cash flow per share: $0.777; Cash per share: $5.78
- Turnover and efficiency metrics: asset turnover 0.254x; inventory turnover 6.42x; receivables turnover 7.90x; CCC (cash conversion cycle) = -5.54 days (negative indicates favorable payables management)
- Margins: gross margin 17.1%; operating margin 10.9%; net margin 7.7%