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 | $6.9B | $7.4B | $6.4B | $6.9B | $7.0B | $7.4B | $6.6B | $6.7B |
| YoY | — | — | — | — | +1.5% | +0.3% | +2.5% | -2.4% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | $158.0M | $163.0M | $146.0M | $161.0M | $146.0M | $147.0M | $133.0M | $143.0M |
| YoY | — | — | — | — | -7.6% | -9.8% | -8.9% | -11.2% |
| Selling, general & administrative | $612.0M | $585.0M | $577.0M | $567.0M | $607.0M | $636.0M | $562.0M | $569.0M |
| YoY | — | — | — | — | -0.8% | +8.7% | -2.6% | +0.4% |
| Operating income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Pretax income | $1.0B | $792.0M | $561.0M | $967.0M | $821.0M | $528.0M | $1.3B | $892.0M |
| YoY | — | — | — | — | -18.6% | -33.3% | +127.1% | -7.8% |
| Income tax | $235.0M | $-399.0M | $152.0M | $256.0M | $204.0M | $-359.0M | $336.0M | $210.0M |
| YoY | — | — | — | — | -13.2% | +10.0% | +121.1% | -18.0% |
| Net income | $766.0M | $1.2B | $402.0M | $701.0M | $609.0M | $876.0M | $930.0M | $681.0M |
| YoY | — | — | — | — | -20.5% | -25.7% | +131.3% | -2.9% |
| EPS — basic | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| EPS — diluted | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Weighted shares — basic | — | — | — | — | — | — | — | — |
| Weighted shares — diluted | — | — | — | — | — | — | — | — |
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 | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $6.9B | $7.1B | $6.7B | $6.5B | $6.6B | $6.6B | $6.7B | $6.7B |
| YoY | — | — | — | — | -5.3% | -6.8% | -0.2% | +2.2% |
| Inventory | $5.3B | $5.0B | $5.2B | $5.1B | $5.0B | $5.0B | $4.9B | $5.0B |
| YoY | — | — | — | — | -4.1% | +0.0% | -5.7% | -2.8% |
| Total current assets | $16.6B | $17.2B | $16.8B | $17.6B | $17.5B | $18.8B | $28.6B | $30.6B |
| YoY | — | — | — | — | +5.8% | +9.4% | +69.8% | +73.6% |
| Total assets | $37.5B | $38.4B | $38.1B | $38.7B | $39.2B | $40.9B | $50.9B | $52.6B |
| YoY | — | — | — | — | +4.5% | +6.6% | +33.6% | +35.8% |
| Total current liabilities | $12.8B | $13.0B | $12.6B | $12.5B | $12.4B | $13.9B | $13.4B | $14.6B |
| YoY | — | — | — | — | -2.8% | +6.8% | +6.5% | +16.7% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $16.2B | $16.9B | $17.0B | $17.7B | $18.2B | $18.8B | $19.3B | $19.9B |
| YoY | — | — | — | — | +12.2% | +11.5% | +13.3% | +12.5% |
| 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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.0B | $1.2B | $709.0M | $510.0M | $929.0M | $1.7B | $500.0M | $1.3B |
| YoY | — | — | — | — | -8.0% | +39.7% | -29.5% | +163.7% |
| Capital expenditures | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $152.0M | $8.0M | $188.0M | $196.0M | $0 | $0 | $0 | $0 |
| YoY | — | — | — | — | -100.0% | -100.0% | -100.0% | -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 | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 11.1% | 16.0% | 6.3% | 10.1% | 8.7% | 11.9% | 14.1% | 10.1% |
| Free cash flow margin | — | — | — | — | — | — | — | — |
| Effective tax rate | 23.3% | -50.4% | 27.1% | 26.5% | 24.8% | -68.0% | 26.4% | 23.5% |
| Current ratio | 1.30x | 1.32x | 1.34x | 1.41x | 1.41x | 1.36x | 2.13x | 2.09x |
| Total liabilities / equity | — | — | — | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Energy), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| BKR FY25 · this stock | $27.7B | -0.3% | — | — | 9.3% | — |
| XOM FY25 | $332.2B | -5.0% | — | — | 8.7% | 7.1% |
| CVX FY25 | $189.0B | -6.8% | — | — | 6.5% | — |
| MPC FY25 | $132.7B | -4.4% | — | 6.2% | 3.0% | 3.6% |
| PSX FY25 | $132.4B | -7.5% | — | — | 3.3% | — |
| COP FY25 | $58.9B | +7.7% | — | — | 13.6% | — |
| SLB FY25 | $35.7B | -1.6% | — | — | 9.4% | 13.4% |
| OKE FY25 | $33.6B | +55.0% | — | 17.1% | 10.1% | 7.3% |
| OXY FY23 | $23.2B | -36.8% | — | — | — | 28.6% |
| EOG FY25 | $22.6B | -4.5% | — | 28.2% | 22.0% | — |
| DVN FY25 | $17.2B | +7.8% | — | — | 15.4% | — |
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.