Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $6.0B | $8.4B | $9.9B | $11.1B | $12.2B |
| YoY | — | +40.2% | +18.1% | +11.9% | +10.3% |
| Cost of goods sold | $1.2B | $1.5B | $1.7B | $1.9B | $2.1B |
| YoY | — | +29.7% | +13.6% | +10.3% | +11.1% |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | $1.4B | $1.5B | $1.7B | $2.1B | $2.4B |
| YoY | — | +5.4% | +14.6% | +19.4% | +14.5% |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $429.0M | $1.8B | $1.5B | $2.6B | $2.5B |
| YoY | — | +320.0% | -15.8% | +68.2% | -0.4% |
| Pretax income | $-300.0M | $2.0B | $2.1B | $3.3B | $3.1B |
| YoY | — | +763.0% | +5.7% | +58.5% | -5.8% |
| Income tax | $52.0M | $96.0M | $-2.7B | $683.0M | $626.0M |
| YoY | — | +84.6% | -2902.1% | +125.4% | -8.3% |
| Net income | $-352.0M | $1.9B | $4.8B | $2.6B | $2.5B |
| YoY | — | +637.8% | +153.1% | -44.7% | -5.2% |
| EPS — basic | — | — | — | — | — |
| YoY | — | — | — | — | — |
| EPS — diluted | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Weighted shares — basic | 616.0M | 637.0M | 637.0M | 632.0M | 613.0M |
| Weighted shares — diluted | 616.0M | 680.0M | 662.0M | 645.0M | 623.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $6.1B | $7.4B | $6.9B | $6.9B | $6.6B |
| YoY | — | +21.6% | -6.8% | -0.1% | -4.4% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $12.4B | $14.9B | $16.5B | $17.2B | $18.8B |
| YoY | — | +20.0% | +11.1% | +4.1% | +9.4% |
| Total assets | $13.7B | $16.0B | $20.6B | $21.0B | $22.2B |
| YoY | — | +17.0% | +28.7% | +1.5% | +6.0% |
| Total current liabilities | $6.4B | $8.0B | $9.9B | $10.2B | $13.6B |
| YoY | — | +25.5% | +24.7% | +2.1% | +34.3% |
| Total liabilities | $8.9B | $10.5B | $12.5B | $12.5B | $14.0B |
| YoY | — | +17.3% | +19.1% | +0.5% | +11.7% |
| Total equity | $4.8B | $5.6B | $8.2B | $8.4B | $8.2B |
| YoY | — | +16.4% | +46.9% | +3.0% | -2.5% |
| Shares outstanding | — | — | — | — | — |
| YoY | — | — | — | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.3B | $3.4B | $3.9B | $4.5B | $4.6B |
| YoY | — | +48.3% | +13.2% | +16.3% | +2.8% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $0 | $1.5B | $2.3B | $3.4B | $3.8B |
| YoY | — | — | +50.1% | +52.3% | +10.5% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 7.2% | 21.5% | 15.3% | 23.0% | 20.8% |
| Net margin | -5.9% | 22.5% | 48.3% | 23.9% | 20.5% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | -17.3% | 4.8% | -128.0% | 20.5% | 20.0% |
| Current ratio | 1.95x | 1.86x | 1.66x | 1.69x | 1.38x |
| Total liabilities / equity | 1.87x | 1.88x | 1.53x | 1.49x | 1.71x |
Peer comparison — latest full year
Same sector (Consumer Discretionary), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| ABNB FY25 · this stock | $12.2B | +10.3% | — | 20.8% | 20.5% | — |
| AMZN FY25 | $716.9B | +12.4% | — | 11.2% | 10.8% | — |
| GM FY25 | $185.0B | -1.3% | — | 1.6% | 1.5% | 9.5% |
| F FY24 | $185.0B | +5.0% | — | 2.8% | — | — |
| HD FY26 | $164.7B | +3.2% | 33.3% | 12.7% | 8.6% | — |
| TSLA FY25 | $94.8B | -2.9% | 18.0% | 4.6% | 4.0% | 6.6% |
| LOW FY26 | $86.3B | +3.1% | 33.5% | 11.8% | 7.7% | 8.9% |
| NKE FY26 | $46.4B | +0.2% | 42.9% | — | 6.7% | 4.7% |
| SBUX FY25 | $37.2B | +2.8% | — | 7.9% | 5.0% | 6.6% |
| MCD FY25 | $26.9B | +3.7% | — | 46.1% | 31.9% | 26.7% |
| MAR FY25 | $26.2B | +4.3% | — | 15.8% | 9.9% | — |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.