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.
| Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.0B | $20.0B | $20.2B | $19.5B | $21.6B | $21.7B | $22.1B | $19.9B |
| YoY | — | — | — | — | +2.8% | +8.2% | +9.3% | +2.1% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Pretax income | $4.5B | $4.3B | $4.4B | $3.8B | $5.4B | $5.2B | $5.3B | $3.8B |
| YoY | — | — | — | — | +19.9% | +21.1% | +21.9% | +0.2% |
| Income tax | $1.1B | $1.0B | $1.1B | $912.0M | $1.3B | $1.2B | $1.6B | $1.3B |
| YoY | — | — | — | — | +18.0% | +13.3% | +39.7% | +41.2% |
| Net income | $3.4B | $3.2B | $3.2B | $2.9B | $4.1B | $4.0B | $3.8B | $2.5B |
| YoY | — | — | — | — | +20.6% | +24.9% | +15.9% | -13.5% |
| EPS — basic | $1.59 | $1.54 | $1.53 | — | $2.00 | $1.98 | $1.89 | — |
| YoY | — | — | — | — | +25.8% | +28.6% | +23.5% | — |
| EPS — diluted | $1.58 | $1.52 | $1.51 | — | $1.96 | $1.96 | $1.86 | — |
| YoY | — | — | — | — | +24.1% | +28.9% | +23.2% | — |
| Weighted shares — basic | 1.91B | 1.91B | 1.90B | — | 1.88B | 1.86B | 1.82B | — |
| Weighted shares — diluted | 1.94B | 1.95B | 1.94B | — | 1.92B | 1.89B | 1.86B | — |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total assets | $2,432.5B | $2,405.7B | $2,430.7B | $2,352.9B | $2,571.5B | $2,622.8B | $2,642.5B | $2,657.2B |
| YoY | — | — | — | — | +5.7% | +9.0% | +8.7% | +12.9% |
| Total current liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total liabilities | $2,225.1B | $2,196.5B | $2,220.8B | $2,143.6B | $2,358.3B | $2,408.6B | $2,428.6B | $2,443.4B |
| YoY | — | — | — | — | +6.0% | +9.7% | +9.4% | +14.0% |
| Total equity | $206.6B | $208.3B | $209.1B | $208.6B | $212.4B | $213.2B | $213.0B | $212.3B |
| YoY | — | — | — | — | +2.8% | +2.4% | +1.9% | +1.8% |
| 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.
| Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $-10.8B | $-17.0B | $-16.7B | $24.8B | $-58.7B | $-36.6B | $1.1B | $26.6B |
| YoY | — | — | — | — | -442.0% | -115.7% | +106.6% | +7.1% |
| Capital expenditures | $1.6B | $1.6B | $1.6B | $1.7B | $1.5B | $1.8B | $1.6B | $1.6B |
| YoY | — | — | — | — | -5.6% | +6.8% | +3.6% | -3.4% |
| Free cash flow | $-12.4B | $-18.6B | $-18.2B | $23.1B | $-60.2B | $-38.3B | $-517.0M | $24.9B |
| YoY | — | — | — | — | -384.2% | -106.1% | +97.2% | +7.9% |
| Dividends paid | $1.3B | $1.3B | $1.3B | $1.3B | $1.3B | $1.3B | $1.4B | $1.4B |
| YoY | — | — | — | — | +2.5% | +6.1% | +2.1% | +2.8% |
| Share repurchases | $413.0M | $111.0M | $982.0M | $968.0M | $1.8B | $2.0B | $5.0B | $4.5B |
| YoY | — | — | — | — | +324.0% | +1700.9% | +409.2% | +364.9% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 16.0% | 16.1% | 16.0% | 14.7% | 18.8% | 18.5% | 17.0% | 12.4% |
| Free cash flow margin | -59.2% | -92.9% | -90.2% | 118.7% | -278.9% | -176.9% | -2.3% | 125.4% |
| Effective tax rate | 25.0% | 24.3% | 25.4% | 24.0% | 24.6% | 22.7% | 29.1% | 33.8% |
| Current ratio | — | — | — | — | — | — | — | — |
| Total liabilities / equity | 10.77x | 10.54x | 10.62x | 10.28x | 11.10x | 11.30x | 11.40x | 11.51x |
Peer comparison — latest full year
Same sector (Financials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| C FY25 · this stock | $85.2B | +5.6% | — | — | 16.8% | -87.0% |
| JPM FY25 | $182.4B | +2.8% | — | — | 31.3% | — |
| BAC FY25 | $113.1B | +6.8% | — | — | 27.0% | — |
| PGR FY25 | $87.7B | +16.3% | — | — | 12.9% | 19.6% |
| WFC FY25 | $83.7B | +1.7% | — | — | 25.5% | — |
| MS FY25 | $70.6B | +14.4% | — | — | 23.9% | — |
| CB FY25 | $59.4B | +6.5% | — | — | 17.4% | — |
| GS FY25 | $58.3B | +8.9% | — | — | 29.5% | -81.0% |
| AXP FY25 | $41.3B | +6.4% | — | — | 26.2% | 38.7% |
| V FY25 | $40.0B | +11.3% | — | 60.0% | 50.1% | — |
| USB FY25 | $28.7B | +4.4% | — | — | 26.4% | — |
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.