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 | $2.6B | $2.4B | $2.4B | $2.5B | $2.4B | $2.2B | $2.3B | $2.8B |
| YoY | — | — | — | — | -8.6% | -6.5% | -2.2% | +8.7% |
| Cost of goods sold | $2.0B | $1.8B | $1.9B | $2.0B | $1.9B | $1.8B | $1.9B | $2.1B |
| YoY | — | — | — | — | -6.5% | -2.8% | -2.4% | +6.8% |
| Gross profit | $619.0M | $526.0M | $474.0M | $534.0M | $521.0M | $423.0M | $468.0M | $618.0M |
| YoY | — | — | — | — | -15.8% | -19.6% | -1.3% | +15.7% |
| Research & development | $32.0M | $31.0M | $31.0M | $31.0M | $31.0M | $32.0M | $28.0M | $29.0M |
| YoY | — | — | — | — | -3.1% | +3.2% | -9.7% | -6.5% |
| Selling, general & administrative | $248.0M | $263.0M | $231.0M | $214.0M | $231.0M | $223.0M | $226.0M | $251.0M |
| YoY | — | — | — | — | -6.9% | -15.2% | -2.2% | +17.3% |
| Operating income | $245.0M | $-1.4B | $165.0M | $231.0M | $-1.3B | $93.0M | $214.0M | $276.0M |
| YoY | — | — | — | — | -620.4% | +106.6% | +29.7% | +19.5% |
| Pretax income | $180.0M | $-1.5B | $-6.0M | $133.0M | $-1.4B | $13.0M | $82.0M | $142.0M |
| YoY | — | — | — | — | -855.6% | +100.8% | +1466.7% | +6.8% |
| Income tax | $61.0M | $384.0M | $9.0M | $-77.0M | $-7.0M | $-15.0M | $33.0M | $11.0M |
| YoY | — | — | — | — | -111.5% | -103.9% | +266.7% | +114.3% |
| Net income | $113.0M | $-1.9B | $-24.0M | $197.0M | $-1.4B | $19.0M | $44.0M | $125.0M |
| YoY | — | — | — | — | -1300.9% | +101.0% | +283.3% | -36.5% |
| EPS — basic | $1.03 | — | $-0.22 | $1.80 | $-12.39 | — | $0.40 | $1.14 |
| YoY | — | — | — | — | -1302.9% | — | +281.8% | -36.7% |
| EPS — diluted | $1.03 | — | $-0.22 | $1.80 | $-12.39 | — | $0.40 | $1.13 |
| YoY | — | — | — | — | -1302.9% | — | +281.8% | -37.2% |
| Weighted shares — basic | 109.3M | — | 109.4M | 109.5M | 109.6M | — | 109.7M | 109.8M |
| Weighted shares — diluted | 109.5M | — | 109.4M | 109.7M | 109.6M | — | 110.0M | 110.2M |
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 | $1.4B | $1.1B | $1.2B | $1.2B | $1.0B | $922.0M | $1.1B | $1.3B |
| YoY | — | — | — | — | -24.1% | -17.8% | -11.5% | +5.9% |
| Inventory | $2.6B | $2.3B | $2.3B | $2.3B | $2.2B | $2.2B | $2.3B | $2.3B |
| YoY | — | — | — | — | -13.6% | -2.8% | -1.1% | +0.7% |
| Total current assets | $5.7B | $5.1B | $5.4B | $5.7B | $6.1B | $5.7B | $6.0B | $5.8B |
| YoY | — | — | — | — | +6.7% | +11.1% | +10.2% | +2.1% |
| Total assets | $25.9B | $22.8B | $23.2B | $23.7B | $22.2B | $21.7B | $21.7B | $21.4B |
| YoY | — | — | — | — | -14.4% | -5.0% | -6.3% | -9.7% |
| Total current liabilities | $4.2B | $3.9B | $2.8B | $2.8B | $3.7B | $3.7B | $4.3B | $4.0B |
| YoY | — | — | — | — | -10.4% | -5.3% | +54.3% | +44.8% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $7.2B | $5.1B | $5.1B | $5.3B | $4.0B | $4.0B | $4.1B | $4.2B |
| YoY | — | — | — | — | -45.4% | -21.1% | -20.9% | -20.7% |
| Shares outstanding | 109.3M | 109.3M | 109.4M | 109.5M | 109.5M | — | — | — |
| YoY | — | — | — | — | +0.2% | — | — | — |
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 | $79.0M | $494.0M | $37.0M | $410.0M | $447.0M | $252.0M | $76.0M | $209.0M |
| YoY | — | — | — | — | +465.8% | -49.0% | +105.4% | -49.0% |
| Capital expenditures | $88.0M | $105.0M | $102.0M | $93.0M | $64.0M | $84.0M | $66.0M | $62.0M |
| YoY | — | — | — | — | -27.3% | -20.0% | -35.3% | -33.3% |
| Free cash flow | $-9.0M | $389.0M | $-65.0M | $317.0M | $383.0M | $168.0M | $10.0M | $147.0M |
| YoY | — | — | — | — | +4355.6% | -56.8% | +115.4% | -53.6% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
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 | 23.4% | 22.3% | 19.8% | 21.1% | 21.5% | 19.2% | 20.0% | 22.5% |
| Operating margin | 9.3% | -60.2% | 6.9% | 9.1% | -52.7% | 4.2% | 9.2% | 10.0% |
| Net margin | 4.3% | -81.6% | -1.0% | 7.8% | -56.1% | 0.9% | 1.9% | 4.5% |
| Free cash flow margin | -0.3% | 16.5% | -2.7% | 12.5% | 15.8% | 7.6% | 0.4% | 5.3% |
| Effective tax rate | 33.9% | -25.0% | -150.0% | -57.9% | 0.5% | -115.4% | 40.2% | 7.7% |
| Current ratio | 1.37x | 1.32x | 1.94x | 2.05x | 1.63x | 1.55x | 1.38x | 1.45x |
| Total liabilities / equity | — | — | — | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Materials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| CE FY25 · this stock | $9.5B | -7.1% | 20.5% | -8.2% | -12.2% | 8.4% |
| DOW FY25 | $40.0B | -7.0% | — | — | — | — |
| LIN FY25 | $34.0B | +3.0% | — | 26.3% | 20.3% | 15.0% |
| NUE FY25 | $32.5B | +5.7% | — | — | 5.4% | -0.6% |
| FCX FY25 | $25.9B | +1.8% | — | 25.2% | — | — |
| SHW FY25 | $23.6B | +2.1% | 48.8% | — | 10.9% | — |
| NEM FY25 | $22.7B | +21.3% | — | — | 31.3% | — |
| STLD FY25 | $18.2B | +3.6% | 13.2% | 8.1% | 6.5% | 2.8% |
| CTVA FY25 | $17.4B | +2.9% | — | — | 6.3% | — |
| ECL FY25 | $16.1B | +2.2% | — | 17.0% | 12.9% | 11.8% |
| PPG FY25 | $15.9B | +0.2% | — | — | 9.9% | 7.3% |
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.