BackSummary
Revenue was $7.0B (4.4%) Gross Profit was $5.5B (7.6%) Operating Income was $2.6B (15.6%) Net Income was $2.0B (53.7%)
Key takeaways
- Net income surged 54% to $2.0B and diluted EPS 55% to $1.61, highlighting earnings power.
- Operating cash flow strengthened to $2.5B from lower tax payments and inventory spend, generating $2.4B free cash flow after $117M capex.