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.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.1B | $14.9B | $15.0B | $16.0B | $18.0B | $19.3B | $22.2B | $29.6B |
| YoY | — | — | — | — | +28.2% | +29.5% | +47.9% | +85.5% |
| Cost of goods sold | $5.1B | $4.8B | $4.8B | $5.2B | $5.8B | $6.2B | $6.8B | $9.1B |
| YoY | — | — | — | — | +14.1% | +29.0% | +40.9% | +74.0% |
| Gross profit | $9.0B | $10.1B | $10.2B | $10.7B | $12.2B | $13.2B | $15.4B | $20.5B |
| YoY | — | — | — | — | +36.1% | +29.7% | +51.2% | +91.1% |
| Research & development | $2.2B | $2.3B | $2.7B | $3.0B | $3.0B | $3.0B | $3.0B | $2.9B |
| YoY | — | — | — | — | +33.4% | +31.6% | +11.2% | -5.1% |
| Selling, general & administrative | $1.0B | $949.0M | $1.1B | $1.1B | $1.1B | $1.0B | $1.1B | $996.0M |
| YoY | — | — | — | — | +9.6% | +7.4% | -2.6% | -7.1% |
| Operating income | $4.6B | $6.3B | $5.8B | $5.9B | $7.5B | $8.6B | $10.8B | $16.0B |
| YoY | — | — | — | — | +62.3% | +36.8% | +85.1% | +171.0% |
| Pretax income | $3.8B | $5.5B | $5.1B | $5.3B | $6.9B | $8.2B | $10.1B | $15.3B |
| YoY | — | — | — | — | +82.5% | +49.3% | +99.2% | +189.0% |
| Income tax | $-442.0M | $-13.0M | $120.0M | $1.1B | $-1.6B | $846.0M | $820.0M | $2.2B |
| YoY | — | — | — | — | -273.1% | +6607.7% | +583.3% | +91.0% |
| Net income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| EPS — basic | — | $1.17 | $1.05 | $0.88 | — | $1.55 | $1.96 | $2.75 |
| YoY | — | — | — | — | — | +32.5% | +86.7% | +212.5% |
| EPS — diluted | — | $1.14 | $1.03 | $0.85 | — | $1.50 | $1.91 | $2.68 |
| YoY | — | — | — | — | — | +31.6% | +85.4% | +215.3% |
| Weighted shares — basic | — | 4.70B | 4.71B | 4.71B | — | 4.74B | 4.75B | 4.77B |
| Weighted shares — diluted | — | 4.84B | 4.83B | 4.86B | — | 4.89B | 4.88B | 4.89B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $9.3B | $9.3B | $9.5B | $10.7B | $16.2B | $14.2B | $19.6B | $24.0B |
| YoY | — | — | — | — | +73.1% | +52.3% | +107.2% | +123.7% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $4.4B | $5.0B | $5.6B | $6.5B | $7.1B | $8.5B | $10.8B | $13.7B |
| YoY | — | — | — | — | +61.8% | +70.7% | +94.7% | +111.1% |
| Inventory | $1.8B | $1.9B | $2.0B | $2.2B | $2.3B | $3.0B | $4.3B | $4.5B |
| YoY | — | — | — | — | +29.0% | +55.2% | +114.6% | +107.5% |
| Total current assets | $19.6B | $21.0B | $22.2B | $25.0B | $31.6B | $32.1B | $42.2B | $52.2B |
| YoY | — | — | — | — | +61.1% | +52.7% | +90.3% | +108.7% |
| Total assets | $165.6B | $165.4B | $164.6B | $165.6B | $171.1B | $169.9B | $179.2B | $188.1B |
| YoY | — | — | — | — | +3.3% | +2.7% | +8.8% | +13.6% |
| Total current liabilities | $16.7B | $20.9B | $20.6B | $16.7B | $18.5B | $16.9B | $18.9B | $20.8B |
| YoY | — | — | — | — | +10.9% | -19.4% | -8.4% | +24.7% |
| Total liabilities | $98.0B | $95.6B | $95.0B | $92.3B | $89.8B | $90.0B | $91.5B | $88.5B |
| YoY | — | — | — | — | -8.3% | -5.8% | -3.8% | -4.2% |
| Total equity | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Shares outstanding | 4.69B | 4.70B | 4.70B | 4.72B | 4.74B | 4.74B | 4.76B | 4.77B |
| YoY | — | — | — | — | +1.2% | +0.7% | +1.2% | +1.1% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.6B | $6.1B | $6.6B | $7.2B | $7.7B | $8.3B | $10.5B | $14.2B |
| YoY | — | — | — | — | +37.5% | +35.1% | +60.1% | +98.1% |
| Capital expenditures | $122.0M | $100.0M | $144.0M | $142.0M | $237.0M | $250.0M | $231.0M | $532.0M |
| YoY | — | — | — | — | +94.3% | +150.0% | +60.4% | +274.6% |
| Free cash flow | $5.5B | $6.0B | $6.4B | $7.0B | $7.5B | $8.0B | $10.3B | $13.7B |
| YoY | — | — | — | — | +36.2% | +33.2% | +60.1% | +94.5% |
| Dividends paid | $2.5B | $2.8B | $2.8B | $2.8B | $2.8B | $3.1B | $3.1B | $3.1B |
| YoY | — | — | — | — | +12.6% | +11.2% | +11.0% | +11.4% |
| Share repurchases | $0 | $0 | $2.5B | $0 | $0 | $7.8B | $600.0M | $0 |
| YoY | — | — | — | — | — | — | -75.5% | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 64.1% | 68.0% | 68.0% | 67.1% | 68.0% | 68.1% | 69.5% | 69.1% |
| Operating margin | 32.9% | 42.0% | 38.8% | 36.9% | 41.7% | 44.3% | 48.6% | 53.9% |
| Net margin | — | — | — | — | — | — | — | — |
| Free cash flow margin | 39.0% | 40.3% | 42.7% | 44.0% | 41.4% | 41.5% | 46.3% | 46.2% |
| Effective tax rate | -11.7% | -0.2% | 2.4% | 21.7% | -24.0% | 10.3% | 8.1% | 14.3% |
| Current ratio | 1.17x | 1.00x | 1.08x | 1.50x | 1.71x | 1.90x | 2.24x | 2.50x |
| 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 |
|---|---|---|---|---|---|---|
| AVGO FY24 · this stock | $51.6B | +44.0% | 63.0% | 26.1% | — | 37.6% |
| 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% |
| QCOM FY25 | $44.3B | +13.7% | — | 27.9% | 12.5% | — |
| CRM FY26 | $41.5B | +9.6% | 77.7% | 20.1% | 18.0% | 34.7% |
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.