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.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $16.3B | $17.5B | $18.5B | $18.9B | $20.3B |
| YoY | — | +7.4% | +5.9% | +2.4% | +7.4% |
| Cost of goods sold | $7.8B | $8.4B | $8.7B | $9.0B | $9.7B |
| YoY | — | +7.8% | +3.4% | +3.4% | +8.0% |
| Gross profit | $8.5B | $9.1B | $9.8B | $10.0B | $10.6B |
| YoY | — | +7.1% | +8.2% | +1.5% | +6.8% |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $5.2B | $5.6B | $6.0B | $6.4B | $6.9B |
| YoY | — | +7.6% | +7.7% | +5.4% | +8.9% |
| Operating income | $3.3B | $3.5B | $3.8B | $3.6B | $3.7B |
| YoY | — | +6.2% | +9.1% | -4.7% | +3.1% |
| Pretax income | $3.1B | $3.2B | $3.3B | $3.1B | $3.3B |
| YoY | — | +2.9% | +5.4% | -6.1% | +3.7% |
| Income tax | $649.5M | $639.2M | $674.7M | $636.1M | $677.9M |
| YoY | — | -1.6% | +5.6% | -5.7% | +6.6% |
| Net income | $2.4B | $2.5B | $2.7B | $2.5B | $2.6B |
| YoY | — | +4.1% | +5.3% | -6.2% | +3.0% |
| EPS — basic | $120.83 | $136.60 | $153.82 | $148.80 | $156.11 |
| YoY | — | +13.1% | +12.6% | -3.3% | +4.9% |
| EPS — diluted | $117.19 | $132.36 | $149.55 | $144.87 | $152.55 |
| YoY | — | +12.9% | +13.0% | -3.1% | +5.3% |
| Weighted shares — basic | 20.1M | 18.5M | 17.3M | 16.8M | 16.5M |
| Weighted shares — diluted | 20.7M | 19.1M | 17.8M | 17.2M | 16.9M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | $264.4M | $277.1M | $298.2M | $271.8M | $326.1M |
| YoY | — | +4.8% | +7.6% | -8.9% | +20.0% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $504.9M | $520.4M | $545.6M | $670.1M | $755.0M |
| YoY | — | +3.1% | +4.8% | +22.8% | +12.7% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $6.6B | $6.8B | $7.3B | $8.3B | $9.1B |
| YoY | — | +2.3% | +7.8% | +14.2% | +9.2% |
| Total assets | $15.3B | $16.0B | $17.2B | $19.4B | $21.6B |
| YoY | — | +4.7% | +7.4% | +12.7% | +11.8% |
| Total current liabilities | $8.6B | $8.5B | $8.7B | $9.5B | $10.1B |
| YoY | — | -0.9% | +2.4% | +9.2% | +6.2% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $-3.5B | $-4.3B | $-4.7B | $-3.4B | $-2.5B |
| YoY | — | -22.9% | -9.2% | +28.1% | +26.7% |
| Shares outstanding | — | — | — | 16.7M | 16.2M |
| YoY | — | — | — | — | -3.0% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Operating cash flow | $3.2B | $2.9B | $3.0B | $3.1B | $3.2B |
| YoY | — | -8.4% | +2.2% | +3.8% | +4.2% |
| Capital expenditures | $672.4M | $796.7M | $1.1B | $1.3B | $1.4B |
| YoY | — | +18.5% | +34.6% | +23.7% | +8.0% |
| Free cash flow | $2.5B | $2.1B | $1.9B | $1.8B | $1.8B |
| YoY | — | -15.5% | -9.9% | -7.3% | +1.4% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $4.4B | $3.7B | $3.1B | $1.6B | $2.0B |
| YoY | — | -15.1% | -15.1% | -49.8% | +27.6% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Gross margin | 52.1% | 52.0% | 53.1% | 52.6% | 52.3% |
| Operating margin | 20.1% | 19.9% | 20.5% | 19.1% | 18.3% |
| Net margin | 14.9% | 14.5% | 14.4% | 13.2% | 12.6% |
| Free cash flow margin | 15.6% | 12.3% | 10.4% | 9.5% | 8.9% |
| Effective tax rate | 21.1% | 20.2% | 20.2% | 20.3% | 20.9% |
| Current ratio | 0.77x | 0.80x | 0.84x | 0.88x | 0.90x |
| 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.