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 | $7.3B | $12.0B | $12.3B | $9.4B | $11.0B |
| YoY | — | +64.2% | +2.4% | -23.4% | +16.9% |
| Cost of goods sold | $2.8B | $4.5B | $4.4B | $4.0B | $4.2B |
| YoY | — | +60.4% | -1.2% | -8.6% | +5.0% |
| Gross profit | $4.5B | $7.5B | $7.9B | $5.4B | $6.8B |
| YoY | — | +66.5% | +4.6% | -31.7% | +25.9% |
| Research & development | $1.3B | $1.7B | $1.7B | $1.5B | $1.8B |
| YoY | — | +31.2% | -2.4% | -10.4% | +18.7% |
| Selling, general & administrative | $915.4M | $1.3B | $1.3B | $1.1B | $1.3B |
| YoY | — | +38.3% | +0.6% | -16.1% | +17.5% |
| Operating income | $1.7B | $3.3B | $3.8B | $2.0B | $2.9B |
| YoY | — | +93.8% | +16.6% | -46.8% | +44.3% |
| Pretax income | $1.3B | $3.1B | $3.6B | $1.8B | $2.7B |
| YoY | — | +133.2% | +16.4% | -50.7% | +52.6% |
| Income tax | $-61.7M | $350.2M | $293.4M | $142.1M | $444.8M |
| YoY | — | +667.6% | -16.2% | -51.6% | +213.0% |
| Net income | $1.4B | $2.7B | $3.3B | $1.6B | $2.3B |
| YoY | — | +97.7% | +20.6% | -50.7% | +38.6% |
| EPS — basic | $3.50 | $5.29 | $6.60 | $3.30 | $4.59 |
| YoY | — | +51.1% | +24.8% | -50.0% | +39.1% |
| EPS — diluted | $3.46 | $5.25 | $6.55 | $3.28 | $4.56 |
| YoY | — | +51.7% | +24.8% | -49.9% | +39.0% |
| Weighted shares — basic | 397.5M | 519.2M | 502.2M | 496.2M | 494.4M |
| Weighted shares — diluted | 401.3M | 523.2M | 506.0M | 498.7M | 496.7M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $2.0B | $1.5B | $958.1M | $2.0B | $2.5B |
| YoY | — | -25.7% | -34.8% | +107.8% | +25.5% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $1.5B | $1.8B | $1.5B | $1.3B | $1.4B |
| YoY | — | +23.4% | -18.4% | -9.1% | +7.5% |
| Inventory | $1.2B | $1.4B | $1.6B | $1.4B | $1.7B |
| YoY | — | +16.6% | +17.3% | -11.8% | +14.4% |
| Total current assets | $5.4B | $4.9B | $4.4B | $5.5B | $7.1B |
| YoY | — | -8.2% | -11.2% | +25.1% | +29.6% |
| Total assets | $52.3B | $50.3B | $48.8B | $48.2B | $48.0B |
| YoY | — | -3.9% | -3.0% | -1.2% | -0.5% |
| Total current liabilities | $2.8B | $2.4B | $3.2B | $3.0B | $3.2B |
| YoY | — | -11.8% | +31.0% | -6.6% | +8.6% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $38.0B | $36.5B | $35.6B | $35.2B | $33.8B |
| YoY | — | -4.0% | -2.5% | -1.1% | -3.9% |
| Shares outstanding | 525.3M | 509.3M | 496.3M | 496.3M | 489.7M |
| YoY | — | -3.0% | -2.6% | +0.0% | -1.3% |
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 | $2.7B | $4.5B | $4.8B | $3.9B | $4.8B |
| YoY | — | +63.6% | +7.6% | -20.0% | +24.9% |
| Capital expenditures | $343.7M | $699.3M | $1.3B | $730.5M | $533.6M |
| YoY | — | +103.5% | +80.4% | -42.1% | -27.0% |
| Free cash flow | $2.4B | $3.8B | $3.6B | $3.1B | $4.3B |
| YoY | — | +57.9% | -5.8% | -12.2% | +37.0% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $2.6B | $2.6B | $3.0B | $615.6M | $2.2B |
| YoY | — | -1.1% | +15.0% | -79.2% | +251.6% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | 61.8% | 62.7% | 64.0% | 57.1% | 61.5% |
| Operating margin | 23.1% | 27.3% | 31.1% | 21.6% | 26.6% |
| Net margin | 19.0% | 22.9% | 26.9% | 17.3% | 20.6% |
| Free cash flow margin | 32.7% | 31.4% | 28.9% | 33.1% | 38.8% |
| Effective tax rate | -4.6% | 11.3% | 8.1% | 8.0% | 16.4% |
| Current ratio | 1.94x | 2.02x | 1.37x | 1.84x | 2.19x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Information Technology), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| ADI FY25 · this stock | $11.0B | +16.9% | 61.5% | 26.6% | 20.6% | 38.8% |
| AAPL FY25 | $416.2B | +6.4% | 46.9% | 32.0% | 26.9% | 23.7% |
| MSFT FY26 | $331.8B | +17.8% | 67.9% | 46.8% | 40.3% | 20.2% |
| NVDA FY26 | $215.9B | +65.5% | 71.1% | 60.4% | 55.6% | — |
| MU FY26 | $133.2B | +256.3% | 80.7% | 74.6% | 63.8% | 44.3% |
| IBM FY25 | $67.5B | +7.6% | 58.2% | — | 15.7% | 17.9% |
| ORCL FY26 | $67.4B | +17.3% | — | 30.6% | 25.4% | -35.2% |
| CSCO FY26 | $63.3B | +11.8% | 64.5% | 24.3% | 21.0% | 20.2% |
| INTC FY25 | $52.9B | -0.5% | 34.8% | -4.2% | -0.5% | -9.4% |
| AVGO FY24 | $51.6B | +44.0% | 63.0% | 26.1% | — | 37.6% |
| QCOM FY25 | $44.3B | +13.7% | — | 27.9% | 12.5% | — |
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.