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.
| Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9B | $4.2B | $4.3B | $4.0B | $4.5B | $4.6B | $4.3B | $4.8B |
| YoY | — | — | — | +2.4% | +5.4% | +8.2% | +8.2% | +8.4% |
| Cost of goods sold | $1.8B | $2.0B | $2.0B | $1.8B | $2.1B | $2.3B | $2.0B | $2.3B |
| YoY | — | — | — | +2.5% | +7.1% | +12.8% | +11.4% | +9.7% |
| Gross profit | $2.1B | $2.3B | $2.3B | $2.1B | $2.4B | $2.4B | $2.2B | $2.5B |
| YoY | — | — | — | +2.3% | +3.9% | +4.0% | +5.4% | +7.3% |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $1.3B | $1.4B | $1.4B | $1.4B | $1.5B | $1.6B | $1.5B | $1.6B |
| YoY | — | — | — | +6.4% | +8.9% | +10.4% | +8.7% | +7.6% |
| Operating income | $743.2M | $900.2M | $841.1M | $706.8M | $866.2M | $784.2M | $698.5M | $923.8M |
| YoY | — | — | — | -4.9% | -3.8% | -6.8% | -1.2% | +6.6% |
| Pretax income | $640.6M | $795.8M | $733.5M | $597.9M | $754.9M | $677.9M | $591.3M | $813.3M |
| YoY | — | — | — | -6.7% | -5.1% | -7.6% | -1.1% | +7.7% |
| Income tax | $125.6M | $144.0M | $168.6M | $110.0M | $146.4M | $147.1M | $122.4M | $171.8M |
| YoY | — | — | — | -12.4% | +1.7% | -12.8% | +11.3% | +17.3% |
| Net income | $515.0M | $651.7M | $564.9M | $487.9M | $608.4M | $530.8M | $468.9M | $641.5M |
| YoY | — | — | — | -5.3% | -6.6% | -6.0% | -3.9% | +5.4% |
| EPS — basic | $29.74 | $37.73 | $33.40 | $29.06 | $36.33 | $31.88 | $28.29 | $38.95 |
| YoY | — | — | — | -2.3% | -3.7% | -4.6% | -2.6% | +7.2% |
| EPS — diluted | $28.89 | $36.69 | $32.52 | $28.29 | $35.36 | $31.04 | $27.63 | $38.07 |
| YoY | — | — | — | -2.1% | -3.6% | -4.6% | -2.3% | +7.7% |
| Weighted shares — basic | 17.3M | 17.3M | 16.9M | 16.8M | 16.7M | 16.7M | 16.6M | 16.5M |
| Weighted shares — diluted | 17.8M | 17.8M | 17.4M | 17.2M | 17.2M | 17.1M | 17.0M | 16.9M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $304.1M | $275.4M | $304.0M | $300.9M | $268.6M | $287.6M | $285.5M | $253.7M |
| YoY | — | — | — | -1.1% | -2.5% | -5.4% | -5.1% | -5.5% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $501.1M | $586.8M | $533.5M | $597.4M | $588.5M | $637.8M | $698.4M | $764.9M |
| YoY | — | — | — | +19.2% | +0.3% | +19.6% | +16.9% | +30.0% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $7.2B | $7.3B | $7.4B | $7.8B | $8.0B | $8.4B | $8.8B | $8.9B |
| YoY | — | — | — | +9.0% | +9.6% | +13.8% | +13.2% | +11.9% |
| Total assets | $16.7B | $17.1B | $17.5B | $18.1B | $18.6B | $19.7B | $20.4B | $20.9B |
| YoY | — | — | — | +8.4% | +8.8% | +12.6% | +12.8% | +12.3% |
| Total current liabilities | $8.8B | $9.2B | $8.9B | $9.3B | $9.5B | $9.8B | $9.9B | $10.0B |
| YoY | — | — | — | +5.6% | +3.0% | +10.4% | +7.1% | +6.0% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $-4.8B | $-4.8B | $-4.7B | $-4.5B | $-4.0B | $-3.2B | $-2.9B | $-2.8B |
| YoY | — | — | — | +7.8% | +17.9% | +30.9% | +34.7% | +29.9% |
| Shares outstanding | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $434.1M | $669.5M | $811.8M | $583.7M | $769.0M | $944.2M | $373.4M | $802.0M |
| YoY | — | — | — | +34.5% | +14.9% | +16.3% | -36.0% | +4.3% |
| Capital expenditures | $255.4M | $235.1M | $247.0M | $292.7M | $345.9M | $314.2M | $337.8M | $345.5M |
| YoY | — | — | — | +14.6% | +47.1% | +27.2% | +15.4% | -0.1% |
| Free cash flow | $178.7M | $434.4M | $564.8M | $291.0M | $423.1M | $630.0M | $35.6M | $456.5M |
| YoY | — | — | — | +62.8% | -2.6% | +11.5% | -87.8% | +7.9% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $222.2M | $728.1M | $540.1M | $326.4M | $268.8M | $427.2M | $314.5M | $580.7M |
| YoY | — | — | — | +46.9% | -63.1% | -20.9% | -3.6% | +116.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 53.9% | 53.5% | 53.0% | 53.9% | 52.7% | 51.0% | 52.5% | 52.2% |
| Operating margin | 19.3% | 21.3% | 19.7% | 17.9% | 19.4% | 16.9% | 16.3% | 19.1% |
| Net margin | 13.3% | 15.4% | 13.2% | 12.3% | 13.6% | 11.5% | 11.0% | 13.3% |
| Free cash flow margin | 4.6% | 10.3% | 13.2% | 7.4% | 9.5% | 13.6% | 0.8% | 9.4% |
| Effective tax rate | 19.6% | 18.1% | 23.0% | 18.4% | 19.4% | 21.7% | 20.7% | 21.1% |
| Current ratio | 0.82x | 0.79x | 0.83x | 0.84x | 0.84x | 0.86x | 0.89x | 0.89x |
| Total liabilities / equity | — | — | — | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Consumer Discretionary), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| AZO FY26 · this stock | $20.3B | +7.4% | 52.3% | 18.3% | 12.6% | 8.9% |
| AMZN FY25 | $716.9B | +12.4% | — | 11.2% | 10.8% | — |
| GM FY25 | $185.0B | -1.3% | — | 1.6% | 1.5% | 9.5% |
| F FY24 | $185.0B | +5.0% | — | 2.8% | — | — |
| HD FY26 | $164.7B | +3.2% | 33.3% | 12.7% | 8.6% | — |
| TSLA FY25 | $94.8B | -2.9% | 18.0% | 4.6% | 4.0% | 6.6% |
| LOW FY26 | $86.3B | +3.1% | 33.5% | 11.8% | 7.7% | 8.9% |
| NKE FY26 | $46.4B | +0.2% | 42.9% | — | 6.7% | 4.7% |
| SBUX FY25 | $37.2B | +2.8% | — | 7.9% | 5.0% | 6.6% |
| MCD FY25 | $26.9B | +3.7% | — | 46.1% | 31.9% | 26.7% |
| MAR FY25 | $26.2B | +4.3% | — | 15.8% | 9.9% | — |
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.