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 | $13.8B | $13.9B | $13.7B | $13.8B | $13.7B | $13.6B | $13.6B | $13.5B |
| YoY | — | — | — | — | -0.9% | -2.3% | -1.0% | -1.7% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Operating income | $3.3B | $3.4B | $3.2B | $3.3B | $3.1B | $3.3B | $3.2B | $3.1B |
| YoY | — | — | — | — | -6.1% | -3.8% | -0.9% | -6.6% |
| Pretax income | $1.9B | $2.0B | $1.9B | $1.9B | $1.7B | $2.0B | $1.8B | $2.0B |
| YoY | — | — | — | — | -7.8% | -4.2% | -1.4% | +4.7% |
| Income tax | $406.0M | $370.0M | $445.0M | $414.0M | $418.0M | $415.0M | $465.0M | $475.0M |
| YoY | — | — | — | — | +3.0% | +12.2% | +4.5% | +14.7% |
| Net income | $1.3B | $1.5B | $1.2B | $1.3B | $1.1B | $1.3B | $1.2B | $1.3B |
| YoY | — | — | — | — | -11.2% | -9.1% | -4.4% | -0.7% |
| EPS — basic | $8.99 | — | $8.59 | $9.41 | $8.50 | — | $9.27 | $10.76 |
| YoY | — | — | — | — | -5.5% | — | +7.9% | +14.3% |
| EPS — diluted | $8.82 | — | $8.42 | $9.18 | $8.34 | — | $9.17 | $10.66 |
| YoY | — | — | — | — | -5.4% | — | +8.9% | +16.1% |
| Weighted shares — basic | 142.3M | — | 141.6M | 138.2M | 133.8M | — | 125.5M | 120.1M |
| Weighted shares — diluted | 145.1M | — | 144.6M | 141.7M | 136.4M | — | 126.8M | 121.3M |
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 | $721.0M | $459.0M | $796.0M | $606.0M | $464.0M | $477.0M | $517.0M | $509.0M |
| YoY | — | — | — | — | -35.6% | +3.9% | -35.1% | -16.0% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $3.1B | $3.1B | $3.3B | $3.5B | $3.6B | $3.7B | $3.5B | $3.7B |
| YoY | — | — | — | — | +17.3% | +18.8% | +6.0% | +2.9% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $4.5B | $4.2B | $5.0B | $4.8B | $4.9B | $5.1B | $5.0B | $5.0B |
| YoY | — | — | — | — | +8.3% | +21.5% | -0.2% | +3.3% |
| Total assets | $149.4B | $150.0B | $151.0B | $151.6B | $152.8B | $154.2B | $154.6B | $155.6B |
| YoY | — | — | — | — | +2.3% | +2.8% | +2.4% | +2.7% |
| Total current liabilities | $13.2B | $13.5B | $13.7B | $14.6B | $13.0B | $13.3B | $12.4B | $13.8B |
| YoY | — | — | — | — | -1.3% | -1.3% | -9.5% | -5.3% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $14.1B | $15.6B | $16.2B | $16.2B | $15.3B | $16.1B | $16.4B | $17.0B |
| YoY | — | — | — | — | +8.8% | +3.0% | +0.8% | +4.6% |
| 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 | $3.9B | $3.5B | $4.2B | $3.6B | $4.5B | $3.8B | $4.3B | $3.9B |
| YoY | — | — | — | — | +14.7% | +8.7% | +1.6% | +9.0% |
| Capital expenditures | $2.6B | $3.1B | $2.4B | $2.9B | $3.1B | $3.3B | $2.9B | $2.9B |
| YoY | — | — | — | — | +19.0% | +8.9% | +19.0% | -0.1% |
| Free cash flow | $1.3B | $398.0M | $1.8B | $726.0M | $1.4B | $426.0M | $1.4B | $1.1B |
| YoY | — | — | — | — | +6.5% | +7.0% | -21.1% | +45.2% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $222.0M | $114.0M | $802.0M | $1.5B | $2.1B | $766.0M | $1.0B | $852.0M |
| YoY | — | — | — | — | +851.8% | +571.9% | +27.9% | -41.3% |
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 | 24.2% | 24.3% | 23.6% | 23.8% | 22.9% | 24.0% | 23.6% | 22.6% |
| Net margin | 9.3% | 10.5% | 8.9% | 9.5% | 8.3% | 9.8% | 8.6% | 9.6% |
| Free cash flow margin | 9.7% | 2.9% | 13.4% | 5.3% | 10.5% | 3.1% | 10.7% | 7.8% |
| Effective tax rate | 21.6% | 18.1% | 24.0% | 21.7% | 24.1% | 21.2% | 25.4% | 23.8% |
| Current ratio | 0.34x | 0.31x | 0.36x | 0.33x | 0.37x | 0.39x | 0.40x | 0.36x |
| Total liabilities / equity | — | — | — | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Communication Services), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| CHTR FY25 · this stock | $54.8B | -0.6% | — | 23.6% | 9.1% | 8.1% |
| GOOGL FY25 | $402.8B | +15.1% | — | 32.0% | 32.8% | 18.2% |
| META FY25 | $201.0B | +22.2% | — | 41.4% | 30.1% | 22.9% |
| VZ FY25 | $138.2B | +2.5% | — | 21.2% | 12.4% | — |
| T FY25 | $125.6B | +2.7% | — | 19.2% | 17.5% | — |
| DIS FY25 | $94.4B | +3.4% | — | 18.6% | 13.1% | — |
| TMUS FY25 | $88.3B | +8.5% | — | 20.7% | 12.4% | 20.4% |
| NFLX FY25 | $45.2B | +15.9% | — | 29.5% | 24.3% | 20.9% |
| LYV FY25 | $25.2B | +8.8% | — | 5.0% | 2.0% | 1.3% |
| OMC FY25 | $17.3B | +10.1% | — | 2.6% | -0.3% | 16.1% |
| FOXA FY23 | $14.9B | +6.7% | — | — | — | 9.7% |
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.