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.
| Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8B | $5.0B | $5.6B | $5.1B | $5.2B | $5.4B | $5.9B | $5.5B |
| YoY | — | — | — | — | +7.1% | +6.2% | +7.0% | +6.8% |
| Cost of goods sold | $2.6B | $2.7B | $2.9B | $2.8B | $2.8B | $2.9B | $3.1B | $3.0B |
| YoY | — | — | — | — | +7.7% | +5.4% | +5.8% | +5.2% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | $232.6M | $239.5M | $247.1M | $269.4M | $251.2M | $257.8M | $253.9M | $265.9M |
| YoY | — | — | — | — | +8.0% | +7.6% | +2.8% | -1.3% |
| Selling, general & administrative | $926.7M | $1.0B | $1.0B | $1.1B | $1.0B | $1.1B | $1.1B | $1.3B |
| YoY | — | — | — | — | +8.6% | +6.2% | +6.5% | +13.5% |
| Operating income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Pretax income | $1.2B | $1.3B | $1.6B | $1.2B | $1.3B | $1.4B | $1.8B | $1.3B |
| YoY | — | — | — | — | +5.8% | +9.7% | +9.9% | +5.6% |
| Income tax | $279.9M | $298.1M | $372.4M | $280.0M | $294.5M | $321.2M | $422.0M | $279.2M |
| YoY | — | — | — | — | +5.2% | +7.7% | +13.3% | -0.3% |
| Net income | $956.3M | $963.2M | $1.2B | $910.7M | $1.0B | $1.1B | $1.4B | $978.6M |
| YoY | — | — | — | — | +5.9% | +10.3% | +8.8% | +7.5% |
| EPS — basic | $2.34 | $2.36 | $3.07 | — | $2.50 | $2.63 | $3.39 | — |
| YoY | — | — | — | — | +6.8% | +11.4% | +10.4% | — |
| EPS — diluted | $2.34 | $2.35 | $3.06 | — | $2.49 | $2.62 | $3.38 | — |
| YoY | — | — | — | — | +6.4% | +11.5% | +10.5% | — |
| Weighted shares — basic | 407.9M | 407.6M | 406.9M | — | 405.1M | 403.8M | 401.7M | — |
| Weighted shares — diluted | 409.5M | 409.0M | 408.5M | — | 406.5M | 404.7M | 402.5M | — |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.1B | $2.2B | $2.7B | $3.3B | $2.5B | $2.4B | $3.2B | $4.2B |
| YoY | — | — | — | — | +17.7% | +9.4% | +20.4% | +26.4% |
| Marketable securities (current) | $5.2B | $0 | $0 | $4.5B | $5.5B | $45.7M | $0 | $0 |
| YoY | — | — | — | — | +4.3% | — | — | -100.0% |
| Accounts receivable | $3.3B | $3.5B | $3.5B | $3.6B | $3.5B | $3.4B | $3.6B | $3.5B |
| YoY | — | — | — | — | +4.4% | -2.7% | +0.6% | -1.6% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $39.9B | $54.3B | $46.5B | $43.3B | $44.2B | $74.5B | $54.2B | $52.6B |
| YoY | — | — | — | — | +10.8% | +37.3% | +16.5% | +21.5% |
| Total assets | $49.5B | $64.1B | $56.4B | $53.4B | $54.3B | $84.6B | $64.5B | $63.2B |
| YoY | — | — | — | — | +9.7% | +32.0% | +14.2% | +18.4% |
| Total current liabilities | $39.4B | $54.3B | $45.8B | $41.3B | $41.9B | $72.1B | $52.0B | $50.0B |
| YoY | — | — | — | — | +6.5% | +32.8% | +13.5% | +21.2% |
| Total liabilities | $44.2B | $59.0B | $50.6B | $47.2B | $47.9B | $78.2B | $58.1B | $57.2B |
| YoY | — | — | — | — | +8.6% | +32.6% | +14.9% | +21.2% |
| Total equity | $5.3B | $5.1B | $5.9B | $6.2B | $6.4B | $6.4B | $6.4B | $6.0B |
| YoY | — | — | — | — | +19.2% | +25.9% | +8.5% | -2.5% |
| Shares outstanding | 407.7M | 406.9M | 406.3M | 405.3M | 404.9M | 403.0M | 400.6M | 397.8M |
| YoY | — | — | — | — | -0.7% | -1.0% | -1.4% | -1.9% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $824.4M | $1.2B | $1.5B | $1.4B | $642.3M | $1.1B | $2.2B | $1.4B |
| YoY | — | — | — | — | -22.1% | -1.5% | +46.7% | -0.8% |
| Capital expenditures | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Dividends paid | $572.6M | $572.5M | $628.0M | $625.8M | $626.7M | $629.3M | $687.1M | $683.2M |
| YoY | — | — | — | — | +9.4% | +9.9% | +9.4% | +9.2% |
| Share repurchases | $372.6M | $272.3M | $311.6M | $324.0M | $366.0M | $515.8M | $581.4M | $620.1M |
| YoY | — | — | — | — | -1.8% | +89.4% | +86.6% | +91.4% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 19.8% | 19.1% | 22.5% | 17.8% | 19.6% | 19.8% | 22.9% | 17.9% |
| Free cash flow margin | — | — | — | — | — | — | — | — |
| Effective tax rate | 22.6% | 23.6% | 23.0% | 23.5% | 22.5% | 23.2% | 23.7% | 22.2% |
| Current ratio | 1.01x | 1.00x | 1.02x | 1.05x | 1.05x | 1.03x | 1.04x | 1.05x |
| Total liabilities / equity | 8.26x | 11.62x | 8.64x | 7.62x | 7.52x | 12.24x | 9.15x | 9.48x |
Peer comparison — latest full year
Same sector (Industrials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| ADP FY26 · this stock | $21.9B | +6.7% | — | — | 20.1% | — |
| FDX FY26 | $94.7B | +7.7% | — | 5.8% | 4.7% | — |
| BA FY25 | $89.5B | +34.5% | 4.8% | 4.8% | 2.5% | -2.1% |
| UPS FY25 | $88.7B | -2.6% | — | 8.9% | 6.3% | 5.4% |
| RTX FY25 | $88.6B | +9.7% | — | 10.5% | 7.6% | 9.0% |
| LMT FY25 | $75.0B | +5.6% | 10.2% | 10.3% | 6.7% | — |
| GD FY25 | $52.5B | +10.1% | — | 10.2% | 8.0% | 7.5% |
| UBER FY25 | $52.0B | +18.3% | — | 10.7% | 19.3% | 18.8% |
| GE FY25 | $45.9B | +18.5% | — | — | 19.0% | — |
| DE FY25 | $45.7B | -11.7% | — | — | 11.0% | 13.4% |
| CAT FY10 | $42.6B | +31.5% | — | 9.3% | — | — |
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.