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.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $20.5B | $21.2B | $25.5B | $27.8B | $27.7B |
| YoY | — | +3.2% | +20.6% | +9.1% | -0.3% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | $492.0M | $552.0M | $651.0M | $643.0M | $600.0M |
| YoY | — | +12.2% | +17.9% | -1.2% | -6.7% |
| Selling, general & administrative | $2.5B | $2.5B | $2.6B | $2.5B | $2.4B |
| YoY | — | +1.6% | +4.0% | -5.9% | -2.9% |
| Operating income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Pretax income | $428.0M | $22.0M | $2.7B | $3.3B | $2.9B |
| YoY | — | -94.9% | +11968.2% | +23.0% | -11.9% |
| Income tax | $758.0M | $600.0M | $685.0M | $257.0M | $253.0M |
| YoY | — | -20.8% | +14.2% | -62.5% | -1.6% |
| Net income | $-219.0M | $-601.0M | $1.9B | $3.0B | $2.6B |
| YoY | — | -174.4% | +423.3% | +53.3% | -13.1% |
| 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.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $5.7B | $6.0B | $7.1B | $7.1B | $6.6B |
| YoY | — | +5.4% | +18.7% | +0.7% | -6.8% |
| Inventory | $4.0B | $4.6B | $5.1B | $5.0B | $5.0B |
| YoY | — | +15.3% | +11.1% | -2.7% | +0.0% |
| Total current assets | $15.1B | $14.6B | $16.3B | $17.2B | $18.8B |
| YoY | — | -3.1% | +11.7% | +5.6% | +9.4% |
| Total assets | $35.3B | $34.2B | $36.9B | $38.4B | $40.9B |
| YoY | — | -3.2% | +8.1% | +3.8% | +6.6% |
| Total current liabilities | $9.1B | $11.1B | $13.0B | $13.0B | $13.9B |
| YoY | — | +21.3% | +17.3% | +0.0% | +6.8% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $14.8B | $14.4B | $15.4B | $16.9B | $18.8B |
| YoY | — | -2.9% | +6.8% | +9.9% | +11.5% |
| 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.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.4B | $1.9B | $3.1B | $3.3B | $3.8B |
| YoY | — | -20.5% | +62.2% | +8.8% | +14.3% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $434.0M | $828.0M | $538.0M | $484.0M | $384.0M |
| YoY | — | +90.8% | -35.0% | -10.0% | -20.7% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | — | — |
| Net margin | -1.1% | -2.8% | 7.6% | 10.7% | 9.3% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 177.1% | 2727.3% | 25.8% | 7.9% | 8.8% |
| Current ratio | 1.65x | 1.32x | 1.25x | 1.32x | 1.36x |
| 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.