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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7B | $2.5B | $2.3B | $3.1B | $4.1B | $2.8B | $2.7B | $3.6B |
| YoY | — | — | — | — | +9.7% | +12.0% | +17.9% | +16.5% |
| Cost of goods sold | $465.0M | $427.0M | $506.0M | $544.0M | $549.0M | $487.0M | $581.0M | $633.0M |
| YoY | — | — | — | — | +18.1% | +14.1% | +14.8% | +16.4% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | $524.0M | $538.0M | $568.0M | $610.0M | $587.0M | $589.0M | $638.0M | $672.0M |
| YoY | — | — | — | — | +12.0% | +9.5% | +12.3% | +10.2% |
| Selling, general & administrative | $849.0M | $795.0M | $857.0M | $998.0M | $969.0M | $1.1B | $1.0B | $1.2B |
| YoY | — | — | — | — | +14.1% | +39.1% | +22.2% | +18.6% |
| Operating income | $1.5B | $430.0M | $38.0M | $612.0M | $1.6B | $269.0M | $86.0M | $758.0M |
| YoY | — | — | — | — | +6.6% | -37.4% | +126.3% | +23.9% |
| Pretax income | $1.7B | $622.0M | $173.0M | $779.0M | $1.8B | $393.0M | $281.0M | $897.0M |
| YoY | — | — | — | — | +3.3% | -36.8% | +62.4% | +15.1% |
| Income tax | $367.0M | $161.0M | $19.0M | $137.0M | $418.0M | $52.0M | $121.0M | $81.0M |
| YoY | — | — | — | — | +13.9% | -67.7% | +536.8% | -40.9% |
| Net income | $1.4B | $461.0M | $154.0M | $642.0M | $1.4B | $341.0M | $160.0M | $816.0M |
| YoY | — | — | — | — | +0.4% | -26.0% | +3.9% | +27.1% |
| EPS — basic | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| EPS — diluted | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Weighted shares — basic | 631.0M | — | 621.0M | 615.0M | 611.0M | — | 598.0M | 592.0M |
| Weighted shares — diluted | 642.0M | — | 632.0M | 626.0M | 621.0M | — | 608.0M | 597.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $7.7B | $6.9B | $7.6B | $7.4B | $7.5B | $6.6B | $7.0B | $6.8B |
| YoY | — | — | — | — | -1.9% | -4.4% | -7.4% | -7.8% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $18.3B | $17.2B | $21.3B | $23.2B | $19.5B | $18.8B | $23.6B | $25.5B |
| YoY | — | — | — | — | +6.7% | +9.4% | +10.8% | +9.9% |
| Total assets | $22.2B | $21.0B | $25.1B | $27.0B | $23.1B | $22.2B | $26.8B | $28.8B |
| YoY | — | — | — | — | +4.0% | +6.0% | +7.1% | +6.5% |
| Total current liabilities | $11.3B | $10.2B | $16.7B | $18.8B | $14.0B | $13.6B | $16.4B | $18.1B |
| YoY | — | — | — | — | +23.8% | +34.3% | -2.2% | -3.8% |
| Total liabilities | $13.7B | $12.5B | $17.1B | $19.2B | $14.5B | $14.0B | $19.2B | $21.0B |
| YoY | — | — | — | — | +5.6% | +11.7% | +12.1% | +9.1% |
| Total equity | $8.5B | $8.4B | $7.9B | $7.8B | $8.6B | $8.2B | $7.6B | $7.8B |
| YoY | — | — | — | — | +1.4% | -2.5% | -3.8% | +0.2% |
| 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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.1B | $466.0M | $1.8B | $975.0M | $1.4B | $526.0M | $1.7B | $1.3B |
| YoY | — | — | — | — | +25.8% | +12.9% | -4.5% | +30.3% |
| Capital expenditures | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $1.1B | $838.0M | $807.0M | $1.0B | $877.0M | $1.1B | $1.1B | $1.1B |
| YoY | — | — | — | — | -19.8% | +30.7% | +34.8% | +4.1% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 40.9% | 17.3% | 1.7% | 19.8% | 39.7% | 9.7% | 3.2% | 21.0% |
| Net margin | 36.7% | 18.6% | 6.8% | 20.7% | 33.6% | 12.3% | 6.0% | 22.6% |
| Free cash flow margin | — | — | — | — | — | — | — | — |
| Effective tax rate | 21.2% | 25.9% | 11.0% | 17.6% | 23.3% | 13.2% | 43.1% | 9.0% |
| Current ratio | 1.62x | 1.69x | 1.27x | 1.23x | 1.39x | 1.38x | 1.44x | 1.41x |
| Total liabilities / equity | 1.61x | 1.49x | 2.16x | 2.47x | 1.68x | 1.71x | 2.51x | 2.69x |
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.