$20.56B
Revenue
$6.21B
Net Income
49.80%
Gross Margin
33.76%
Op. Margin
$9.82B
Free Cash Flow
| Breakdown | Q2 2026 (Dec 28, 2025) |
Q1 2026 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q1 2025 (Sep 30, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2024 (Dec 31, 2023) |
Q1 2024 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
Q2 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $5.34B | $5.32B | $5.17B | $4.72B | $4.38B | $4.17B | $3.87B | $3.79B | $3.76B | $3.48B | $3.21B | $3.87B | $5.28B |
| Revenue Growth % (YoY) | 22.1% | 27.7% | 33.6% | 24.4% | 16.4% | 19.7% | 20.7% | -2.0% | -28.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | - | $2.58B | $2.41B | $2.30B | $2.17B | $2.03B | $1.99B | $2.00B | $1.83B | $1.75B | $2.26B | $2.90B |
| Gross Profit | $2.65B | $2.68B | $2.59B | $2.31B | $2.07B | $2.00B | $1.84B | $1.80B | $1.76B | $1.65B | $1.46B | $1.61B | $2.38B |
| Gross Margin % | 49.6% | 50.4% | 50.1% | 49.0% | 47.4% | 48.0% | 47.5% | 47.5% | 46.8% | 47.5% | 45.5% | 41.5% | 45.0% |
| Operating Expenses | $840.96M | $855.79M | $848.58M | $751.93M | $739.10M | $738.49M | $713.54M | $743.42M | $700.24M | $631.67M | $603.52M | $663.36M | $696.19M |
| Research & Development | $573.30M | $576.45M | $580.18M | $525.90M | $494.95M | $495.36M | $497.83M | $512.27M | $469.71M | $422.63M | $401.95M | $429.45M | $462.38M |
| Selling General & Admin | $267.65M | $279.35M | $268.40M | $226.02M | $244.15M | $243.13M | $216.48M | $215.90M | $228.84M | $207.02M | $199.83M | $193.50M | $233.80M |
| Operating Income | $1.81B | $1.83B | $1.74B | $1.56B | $1.33B | $1.26B | $1.13B | $1.06B | $1.06B | $1.02B | $854.61M | $942.25M | $1.68B |
| Operating Margin % | 33.9% | 34.4% | 33.7% | 33.1% | 30.5% | 30.3% | 29.1% | 27.9% | 28.1% | 29.4% | 26.6% | 24.4% | 31.8% |
| Interest Expense | $40.88M | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Income | $53.16M | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | $26.41M | $30.07M | $37.85M | $-25.04M | $14.26M | $30.08M | $27.80M | $36.07M | $29.84M | $2.60M | $9.01M | $-3.33M | $-28.23M |
| Income Before Tax | $1.84B | $1.86B | $1.78B | $1.54B | $1.35B | $1.29B | $1.15B | $1.09B | $1.09B | $1.03B | $863.62M | $938.92M | $1.65B |
| Income Tax Expense | $242.62M | $290.50M | $58.89M | $206.06M | $157.13M | $177.83M | $134.07M | $127.36M | $132.78M | $138.23M | $61.08M | $124.91M | $183.42M |
| Net Income | $1.59B | $1.57B | $1.72B | $1.33B | $1.19B | $1.12B | $1.02B | $965.83M | $954.27M | $887.40M | $802.54M | $814.01M | $1.47B |
| Net Margin % | 29.8% | 29.5% | 33.3% | 28.2% | 27.2% | 26.8% | 26.4% | 25.5% | 25.4% | 25.5% | 25.0% | 21.0% | 27.8% |
| Basic EPS | 1.27 | 1.24 | 1.35 | 1.04 | 0.93 | 0.86 | 7.81 | 7.38 | 7.25 | 6.69 | 6.02 | 6.03 | 10.80 |
| Diluted EPS | 1.26 | 1.24 | 1.34 | 1.03 | 0.92 | 0.86 | 7.78 | 7.34 | 7.22 | 6.66 | 6.01 | 6.01 | 10.77 |
| Basic Shares Outstanding | 1.25B | 1.26B | -3.9M | 1.28B | 1.29B | 1.30B | -253K | 130.8M | 131.6M | 132.6M | -473K | 134.9M | 136.0M |
| Diluted Shares Outstanding | 1.26B | 1.27B | -4.4M | 1.29B | 1.29B | 1.30B | -287K | 131.5M | 132.2M | 133.2M | -480K | 135.4M | 136.3M |
| Breakdown | Q2 2026 (Dec 28, 2025) |
Q1 2026 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q1 2025 (Sep 30, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2024 (Dec 31, 2023) |
Q1 2024 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
Q2 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $6.18B | $6.69B | $6.39B | $5.45B | $5.67B | $6.07B | $5.85B | $5.67B | $5.62B | $5.13B | $5.34B | $5.31B | $4.48B |
| Accounts Receivable | $3.49B | $3.63B | $3.38B | $3.23B | $3.30B | $2.94B | $2.52B | $2.20B | $2.71B | $2.81B | $2.82B | $3.26B | $4.07B |
| Inventory | $4.04B | $4.10B | $4.31B | $4.46B | $4.36B | $4.21B | $4.22B | $4.32B | $4.43B | $4.75B | $4.82B | $4.88B | $4.82B |
| Other Current Assets | $307.91M | $385.58M | $440.27M | $318.15M | $284.37M | $277.80M | $298.19M | $289.53M | $279.24M | $278.12M | $214.15M | $216.46M | $230.89M |
| Total Current Assets | $14.02B | $14.81B | $14.52B | $13.46B | $13.61B | $13.49B | $12.88B | $12.49B | $13.05B | $12.99B | $13.23B | $13.73B | $13.71B |
| Property Plant & Equipment | $2.69B | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | - | - | - | - | - | - | $1.63B | $1.63B | $1.63B | $1.63B | $1.62B | $1.62B | $1.62B |
| Intangible Assets | - | - | - | - | - | - | $138.54M | $142.48M | $151.08M | $157.62M | $168.45M | $179.65M | $184.78M |
| Other Non-current Assets | $2.80B | $2.76B | $2.59B | $2.34B | $2.15B | $2.07B | $1.94B | $1.84B | $1.80B | $1.65B | $1.66B | $1.61B | $1.58B |
| Total Assets | $21.39B | $21.90B | $21.35B | $19.97B | $19.84B | $19.53B | $18.74B | $18.28B | $18.78B | $18.54B | $18.78B | $19.24B | $19.21B |
| Accounts Payable | $1.03B | $863.16M | $854.21M | $853.31M | $822.28M | $704.25M | $613.97M | $531.65M | $499.70M | $528.16M | $470.70M | $601.93M | $919.41M |
| Accrued Liabilities | $2.27B | $2.44B | $2.39B | $2.00B | $2.10B | $2.20B | $1.80B | $1.79B | $1.98B | $2.12B | $2.01B | $1.99B | $2.07B |
| Deferred Revenue | $2.16B | $2.65B | $2.57B | $1.88B | $1.93B | $1.94B | $1.42B | $1.60B | $1.79B | - | $1.70B | - | - |
| Total Current Liabilities | $6.21B | $6.71B | $6.57B | $5.49B | $5.35B | $5.34B | $4.34B | $4.43B | $4.27B | $4.25B | $4.18B | $4.44B | $4.55B |
| Long-term Debt | $3.73B | $3.73B | $3.73B | $3.73B | $4.48B | $4.48B | $4.48B | $4.48B | $4.98B | $4.98B | $5.00B | $5.00B | $5.00B |
| Other Non-current Liabilities | $635.21M | $623.92M | $581.61M | $546.67M | $533.70M | $574.13M | $575.01M | $516.68M | $511.43M | $482.98M | $501.29M | $512.38M | $496.36M |
| Total Liabilities | $11.25B | $11.71B | $11.48B | $10.46B | $11.03B | $11.06B | $10.21B | $10.26B | $10.56B | $10.49B | $10.57B | $10.84B | $10.90B |
| Common Stock | $1.25M | $1.26M | $1.27M | $1.28M | $1.28M | $1.29M | $130.00K | $131.00K | $131.00K | $132.00K | $133.00K | $135.00K | $135.00K |
| Retained Earnings | $31.50B | $30.23B | $28.99B | $27.56B | $26.53B | $25.63B | $24.81B | $24.05B | $23.35B | $22.66B | $22.03B | $21.46B | $20.88B |
| Total Stockholders Equity | $10.15B | $10.19B | $9.86B | $9.51B | $8.81B | $8.47B | $8.54B | $8.02B | $8.22B | $8.05B | $8.21B | $8.41B | $8.30B |
| Total Liabilities & Equity | $21.39B | $21.90B | $21.35B | $19.97B | $19.84B | $19.53B | $18.74B | $18.28B | $18.78B | $18.54B | $18.78B | $19.24B | $19.21B |
| Breakdown | Q2 2026 (Dec 28, 2025) |
Q1 2026 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q1 2025 (Sep 30, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2024 (Dec 31, 2023) |
Q1 2024 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
Q2 2023 (Dec 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.16B | $1.57B | $1.72B | $1.33B | $2.31B | $1.12B | $1.02B | $965.83M | $1.84B | $887.40M | $802.54M | $3.71B | $1.47B |
| Depreciation & Amortization | $205.57M | $101.64M | $98.44M | $287.84M | $190.50M | $94.30M | $88.36M | $271.34M | $181.42M | $90.48M | $89.60M | $252.83M | $161.16M |
| Stock-based Compensation | $185.78M | $97.24M | $94.29M | $87.11M | $161.97M | $80.01M | $79.09M | $213.97M | $69.90M | $67.21M | $68.50M | $218.10M | $73.08M |
| Deferred Income Tax | $-93.83M | $-62.88M | $-151.68M | $-211.57M | $-191.58M | $-108.72M | $-61.38M | $-137.61M | $-112.98M | $-24.24M | $-38.96M | $-133.10M | $-140.30M |
| Change in Working Capital | $179.31M | $-76.18M | - | $337.01M | $148.89M | $-386.90M | - | $-620.40M | $-353.76M | $69.54M | - | $1.55M | $739.65M |
| Operating Cash Flow | $3.26B | $1.78B | $2.55B | $3.62B | $2.31B | $1.57B | $862.43M | $3.79B | $2.41B | $951.16M | $1.12B | $4.06B | $2.33B |
| Capital Expenditure | $446.00M | $185.12M | $172.19M | $587.00M | $298.94M | $110.59M | $100.75M | $295.92M | $192.27M | $76.99M | $78.67M | $422.90M | $303.44M |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | $119.95M | $119.95M |
| Sales of Investments | - | - | - | - | - | - | - | $34.34M | $23.12M | $7.28M | $26.28M | $65.02M | $32.44M |
| Investing Cash Flow | $-443.83M | $-186.05M | $-129.25M | $-578.84M | $-285.93M | $-110.55M | $-101.61M | $-269.00M | $-176.64M | $-74.68M | $-55.18M | $-479.38M | $-395.05M |
| Stock Issued | $3.85M | - | $696.00K | $1.76M | $-237.00K | $-43.00K | $2.80M | $12.76M | $4.52M | $2.82M | $3.44M | $7.67M | $7.67M |
| Stock Repurchased | $2.44B | $975.79M | $1.29B | $2.13B | $1.69B | $997.03M | $373.55M | $2.47B | $1.49B | $843.24M | $869.01M | $1.15B | $566.05M |
| Dividends Paid | $619.49M | $291.98M | $295.21M | $854.34M | $558.62M | $260.99M | $261.46M | $757.45M | $494.75M | $230.33M | $232.34M | $675.57M | $441.60M |
| Financing Cash Flow | $-3.01B | $-1.28B | $-1.51B | $-3.43B | $-2.19B | $-1.26B | $-574.15M | $-3.42B | $-2.19B | $-1.33B | $-1.04B | $-1.79B | $-973.15M |
| Net Change in Cash | $-212.06M | $304.22M | $944.68M | $-387.83M | $-173.40M | $221.28M | $177.05M | $86.38M | $38.15M | $-460.56M | $31.04M | $1.78B | $962.52M |
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing
Period ended: Dec 28, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 28, 2025 | Dec 28, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $5.34B | $4.38B | $10.67B | $8.54B |
| Gross Profit | $2.65B | $2.07B | $5.34B | $4.08B |
| Operating Expenses | $840.96M | $739.10M | $1.70B | $1.48B |
| Research & Development | $573.30M | $494.95M | $1.15B | $990.30M |
| Selling General & Admin | $267.65M | $244.15M | $547.00M | $487.28M |
| Operating Income | $1.81B | $1.33B | $3.64B | $2.60B |
| Interest Expense | $40.88M | $45.30M | $83.35M | $90.25M |
| Interest Income | $53.16M | $57.61M | $117.08M | $126.06M |
| Other Income/Expense | $26.41M | $14.26M | $56.48M | $44.34M |
| Income Before Tax | $1.84B | $1.35B | $3.70B | $2.64B |
| Income Tax Expense | $242.62M | $157.13M | $533.12M | $334.96M |
| Net Income | $1.59B | $1.19B | $3.16B | $2.31B |
| Basic EPS | 1.27 | 0.93 | 2.51 | 1.78 |
| Diluted EPS | 1.26 | 0.92 | 2.50 | 1.78 |
| Basic Shares Outstanding | $1.25B | $1.29B | $1.26B | $1.29B |
| Diluted Shares Outstanding | $1.26B | $1.29B | $1.27B | $1.30B |
Condensed Consolidated Balance Sheets
| Description | Dec 28, 2025 | Jun 29, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $6.18B | $6.39B |
| Accounts Receivable | $3.49B | $3.38B |
| Inventory | $4.04B | $4.31B |
| Other Current Assets | $307.91M | $440.27M |
| Total Current Assets | $14.02B | $14.52B |
| Property Plant & Equipment | $2.69B | $2.41B |
| Other Non-current Assets | $2.80B | $2.59B |
| Total Assets | $21.39B | $21.35B |
| Accounts Payable | $1.03B | $854.21M |
| Accrued Liabilities | $2.27B | $2.39B |
| Deferred Revenue | $2.16B | $2.57B |
| Total Current Liabilities | $6.21B | $6.57B |
| Long-term Debt | $3.73B | $3.73B |
| Other Non-current Liabilities | $635.21M | $581.61M |
| Total Liabilities | $11.25B | $11.48B |
| Common Stock | $1.25M | $1.27M |
| Retained Earnings | $31.50B | $28.99B |
| Total Stockholders Equity | $10.15B | $9.86B |
| Total Liabilities & Equity | $21.39B | $21.35B |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 28, 2025 | Dec 28, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.59B | $1.19B | $3.16B | $2.31B |
| Depreciation & Amortization | - | - | $205.57M | $190.50M |
| Stock-based Compensation | $88.54M | $81.96M | $185.78M | $161.97M |
| Deferred Income Tax | - | - | $-93.83M | $-191.58M |
| Change in Working Capital | - | - | $179.31M | $148.89M |
| Operating Cash Flow | - | - | $3.26B | $2.31B |
| Capital Expenditure | - | - | $446.00M | $298.94M |
| Investing Cash Flow | - | - | $-443.83M | $-285.93M |
| Stock Issued | - | - | $3.85M | $-237.00K |
| Stock Repurchased | - | - | $2.44B | $1.69B |
| Dividends Paid | - | - | $619.49M | $558.62M |
| Financing Cash Flow | - | - | $-3.01B | $-2.19B |
| Net Change in Cash | - | - | $-212.06M | $-173.40M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.