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 | $6.8B | $7.7B | $7.4B | $7.7B | $9.2B | $10.3B | $10.3B | $11.5B |
| YoY | — | — | — | — | +35.6% | +34.1% | +37.8% | +50.1% |
| Cost of goods sold | $3.4B | $3.8B | $3.7B | $4.6B | $4.5B | $4.7B | $4.8B | $5.3B |
| YoY | — | — | — | — | +31.4% | +24.3% | +30.7% | +15.3% |
| Gross profit | $3.4B | $3.9B | $3.7B | $3.1B | $4.8B | $5.6B | $5.4B | $6.2B |
| YoY | — | — | — | — | +39.8% | +43.7% | +45.0% | +102.8% |
| Research & development | $1.6B | $1.7B | $1.7B | $1.9B | $2.1B | $2.3B | $2.4B | $2.5B |
| YoY | — | — | — | — | +30.7% | +36.1% | +38.7% | +33.5% |
| Selling, general & administrative | $707.0M | $781.0M | $886.0M | $991.0M | $1.1B | $1.2B | $1.3B | $1.4B |
| YoY | — | — | — | — | +51.2% | +53.4% | +41.4% | +41.4% |
| Operating income | $724.0M | $871.0M | $806.0M | $-134.0M | $1.3B | $1.8B | $1.5B | $2.0B |
| YoY | — | — | — | — | +75.4% | +101.1% | +83.1% | +1585.1% |
| Pretax income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Income tax | $-27.0M | $419.0M | $123.0M | $-834.0M | $153.0M | $455.0M | $238.0M | $252.0M |
| YoY | — | — | — | — | +666.7% | +8.6% | +93.5% | +130.2% |
| Net income | $771.0M | $482.0M | $709.0M | $872.0M | $1.2B | $1.5B | $1.4B | $2.3B |
| YoY | — | — | — | — | +61.2% | +213.5% | +95.1% | +163.4% |
| EPS — basic | $0.48 | — | $0.44 | $0.54 | $0.76 | — | $0.85 | $1.40 |
| YoY | — | — | — | — | +58.3% | — | +93.2% | +159.3% |
| EPS — diluted | $0.47 | — | $0.44 | $0.54 | $0.75 | — | $0.84 | $1.38 |
| YoY | — | — | — | — | +59.6% | — | +90.9% | +155.6% |
| Weighted shares — basic | 1.62B | — | 1.62B | 1.62B | 1.63B | — | 1.63B | 1.63B |
| Weighted shares — diluted | 1.64B | — | 1.63B | 1.63B | 1.64B | — | 1.65B | 1.66B |
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 | $3.9B | $3.8B | $6.0B | $4.4B | $4.8B | $5.5B | $5.6B | $5.1B |
| YoY | — | — | — | — | +23.4% | +46.3% | -7.7% | +14.5% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $7.2B | $6.2B | $5.4B | $5.1B | $6.2B | $6.3B | $6.0B | $7.3B |
| YoY | — | — | — | — | -14.4% | +2.0% | +10.9% | +42.3% |
| Inventory | $5.4B | $5.7B | $6.4B | $6.7B | $7.3B | $7.9B | $8.0B | $8.5B |
| YoY | — | — | — | — | +36.1% | +38.1% | +25.4% | +26.8% |
| Total current assets | $18.7B | $19.0B | $21.6B | $24.5B | $27.0B | $26.9B | $28.6B | $31.5B |
| YoY | — | — | — | — | +44.1% | +41.5% | +32.6% | +28.6% |
| Total assets | $69.6B | $69.2B | $71.5B | $74.8B | $76.9B | $76.9B | $79.6B | $84.5B |
| YoY | — | — | — | — | +10.4% | +11.1% | +11.3% | +12.9% |
| Total current liabilities | $7.5B | $7.3B | $7.7B | $9.8B | $11.7B | $9.5B | $10.5B | $12.1B |
| YoY | — | — | — | — | +56.0% | +29.9% | +36.4% | +22.7% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $57.0B | $57.6B | $57.9B | $59.7B | $60.8B | $63.0B | $64.5B | $67.2B |
| YoY | — | — | — | — | +6.7% | +9.4% | +11.4% | +12.7% |
| Shares outstanding | 1.62B | 1.62B | 1.62B | 1.62B | 1.63B | 1.63B | 1.63B | 1.63B |
| YoY | — | — | — | — | +0.3% | +0.5% | +0.9% | +0.6% |
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 | $628.0M | $1.3B | $939.0M | $2.0B | $2.2B | $2.6B | $3.0B | $2.4B |
| YoY | — | — | — | — | +243.8% | +100.2% | +214.7% | +17.7% |
| Capital expenditures | $132.0M | $208.0M | $212.0M | $282.0M | $258.0M | $222.0M | $389.0M | $808.0M |
| YoY | — | — | — | — | +95.5% | +6.7% | +83.5% | +186.5% |
| Free cash flow | $496.0M | $1.1B | $727.0M | $1.7B | $1.9B | $2.4B | $2.6B | $1.6B |
| YoY | — | — | — | — | +283.3% | +118.0% | +253.0% | -9.9% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $250.0M | $256.0M | $749.0M | $478.0M | $89.0M | $0 | $221.0M | $0 |
| YoY | — | — | — | — | -64.4% | -100.0% | -70.5% | -100.0% |
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 | 50.1% | 50.7% | 50.2% | 39.8% | 51.7% | 54.3% | 52.8% | 53.8% |
| Operating margin | 10.6% | 11.4% | 10.8% | -1.7% | 13.7% | 17.1% | 14.4% | 17.3% |
| Net margin | 11.3% | 6.3% | 9.5% | 11.3% | 13.4% | 14.7% | 13.5% | 19.9% |
| Free cash flow margin | 7.3% | 14.2% | 9.8% | 22.5% | 20.6% | 23.2% | 25.0% | 13.5% |
| Effective tax rate | — | — | — | — | — | — | — | — |
| Current ratio | 2.50x | 2.62x | 2.80x | 2.49x | 2.31x | 2.85x | 2.72x | 2.61x |
| 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 |
|---|---|---|---|---|---|---|
| AMD FY25 · this stock | $34.6B | +34.3% | 49.5% | 10.7% | 12.5% | 19.4% |
| 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.