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 | $3.3B | $7.3B | $9.6B | $5.4B | $5.1B |
| YoY | — | +120.0% | +31.4% | -44.1% | -4.4% |
| Cost of goods sold | $2.3B | $4.2B | $8.4B | $5.3B | $4.5B |
| YoY | — | +82.2% | +98.6% | -37.0% | -15.8% |
| Gross profit | $998.0M | $3.1B | $1.2B | $62.5M | $668.7M |
| YoY | — | +208.1% | -61.4% | -94.7% | +969.9% |
| Research & development | $54.0M | $72.0M | $85.7M | $86.7M | $51.4M |
| YoY | — | +33.3% | +19.0% | +1.2% | -40.7% |
| Selling, general & administrative | $441.5M | $524.1M | $910.0M | $618.0M | $550.0M |
| YoY | — | +18.7% | +73.6% | -32.1% | -11.0% |
| Operating income | $798.4M | $2.5B | $251.9M | $-1.8B | $-367.1M |
| YoY | — | +209.4% | -89.8% | -805.2% | +79.3% |
| Pretax income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Income tax | $29.4M | $390.6M | $430.3M | $87.1M | $156.9M |
| YoY | — | +1228.6% | +10.2% | -79.8% | +80.1% |
| Net income | $123.7M | $2.7B | $1.6B | $-1.2B | $-510.6M |
| YoY | — | +2074.5% | -41.5% | -175.0% | +56.7% |
| EPS — basic | $1.07 | $22.97 | $13.41 | $-11.20 | $-5.76 |
| YoY | — | +2046.7% | -41.6% | -183.5% | +48.6% |
| EPS — diluted | $1.06 | $22.84 | $13.36 | $-11.20 | $-5.76 |
| YoY | — | +2054.7% | -41.5% | -183.8% | +48.6% |
| Weighted shares — basic | 115.8M | 117.1M | 117.3M | 117.5M | 117.7M |
| Weighted shares — diluted | 116.5M | 117.8M | 117.8M | 117.5M | 117.7M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $439.3M | $1.5B | $889.9M | $1.2B | $1.6B |
| YoY | — | +241.2% | -40.6% | +34.0% | +35.7% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $556.9M | $1.2B | $1.2B | $742.2M | $593.5M |
| YoY | — | +113.9% | +1.9% | -38.8% | -20.0% |
| Inventory | $798.6M | $2.1B | $2.2B | $1.5B | $1.2B |
| YoY | — | +160.0% | +4.1% | -30.5% | -21.5% |
| Total current assets | $2.0B | $5.2B | $5.2B | $3.8B | $4.0B |
| YoY | — | +160.2% | +0.6% | -26.3% | +4.3% |
| Total assets | $11.0B | $15.5B | $18.3B | $16.6B | $16.4B |
| YoY | — | +40.8% | +18.2% | -9.1% | -1.4% |
| Total current liabilities | $1.9B | $2.7B | $3.6B | $2.0B | $1.8B |
| YoY | — | +46.2% | +29.9% | -44.8% | -8.6% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $5.6B | $8.0B | $9.4B | $10.0B | $9.5B |
| YoY | — | +41.9% | +17.9% | +5.8% | -4.3% |
| Shares outstanding | 117.0M | 117.2M | 117.4M | 117.6M | 117.7M |
| YoY | — | +0.2% | +0.2% | +0.2% | +0.1% |
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 | $344.3M | $1.9B | $1.3B | $687.9M | $1.3B |
| YoY | — | +454.1% | -30.5% | -48.1% | +86.4% |
| Capital expenditures | $953.7M | $1.3B | $2.2B | $1.7B | $589.8M |
| YoY | — | +32.3% | +70.8% | -22.0% | -64.9% |
| Free cash flow | $-609.4M | $646.2M | $-827.9M | $-992.6M | $692.5M |
| YoY | — | +206.0% | -228.1% | -19.9% | +169.8% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| YoY | — | — | — | — | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | 30.0% | 42.0% | 12.3% | 1.2% | 13.0% |
| Operating margin | 24.0% | 33.7% | 2.6% | -33.0% | -7.1% |
| Net margin | 3.7% | 36.7% | 16.4% | -21.9% | -9.9% |
| Free cash flow margin | -18.3% | 8.8% | -8.6% | -18.5% | 13.5% |
| Effective tax rate | — | — | — | — | — |
| Current ratio | 1.06x | 1.89x | 1.47x | 1.95x | 2.23x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Materials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| ALB FY25 · this stock | $5.1B | -4.4% | 13.0% | -7.1% | -9.9% | 13.5% |
| DOW FY25 | $40.0B | -7.0% | — | — | — | — |
| LIN FY25 | $34.0B | +3.0% | — | 26.3% | 20.3% | 15.0% |
| NUE FY25 | $32.5B | +5.7% | — | — | 5.4% | -0.6% |
| FCX FY25 | $25.9B | +1.8% | — | 25.2% | — | — |
| SHW FY25 | $23.6B | +2.1% | 48.8% | — | 10.9% | — |
| NEM FY25 | $22.7B | +21.3% | — | — | 31.3% | — |
| STLD FY25 | $18.2B | +3.6% | 13.2% | 8.1% | 6.5% | 2.8% |
| CTVA FY25 | $17.4B | +2.9% | — | — | 6.3% | — |
| ECL FY25 | $16.1B | +2.2% | — | 17.0% | 12.9% | 11.8% |
| PPG FY25 | $15.9B | +0.2% | — | — | 9.9% | 7.3% |
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.