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.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $29.9B | $30.3B | $31.2B | — | $31.5B | $29.9B | $29.3B |
| YoY | — | — | — | — | — | +5.3% | -1.2% | -6.1% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Operating income | $5.0B | $5.7B | $6.0B | $5.5B | $3.5B | $4.1B | $5.2B | $5.3B |
| YoY | — | — | — | — | -30.1% | -26.9% | -13.9% | -3.9% |
| Pretax income | $3.6B | $4.5B | $14.6B | $4.5B | $2.2B | $2.7B | $4.6B | $4.4B |
| YoY | — | — | — | — | -39.6% | -39.2% | -68.5% | -0.5% |
| Income tax | $-1.1B | $1.2B | $3.6B | $1.2B | $89.0M | $706.0M | $1.2B | $1.1B |
| YoY | — | — | — | — | +108.0% | -41.0% | -66.9% | -11.0% |
| Net income | $4.8B | $3.4B | $11.1B | $3.3B | $2.2B | $2.2B | $3.5B | $3.4B |
| YoY | — | — | — | — | -54.6% | -35.6% | -68.3% | +3.5% |
| EPS — basic | — | $0.90 | $2.99 | $0.91 | — | $0.60 | $0.99 | $0.97 |
| YoY | — | — | — | — | — | -33.3% | -66.9% | +6.6% |
| EPS — diluted | — | $0.89 | $2.98 | $0.90 | — | $0.60 | $0.99 | $0.97 |
| YoY | — | — | — | — | — | -32.6% | -66.8% | +7.8% |
| Weighted shares — basic | — | 3.77B | 3.72B | 3.68B | — | 3.60B | 3.56B | 3.55B |
| Weighted shares — diluted | — | 3.78B | 3.73B | 3.69B | — | 3.62B | 3.57B | 3.56B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $7.3B | $8.6B | $9.7B | $9.3B | $9.5B | $9.5B | $7.7B | $7.6B |
| YoY | — | — | — | — | +29.5% | +10.2% | -20.9% | -18.5% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $13.7B | $12.9B | $13.0B | $13.2B | $13.9B | $14.1B | $14.0B | $13.5B |
| YoY | — | — | — | — | +1.5% | +9.3% | +7.0% | +2.5% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $26.8B | $27.3B | $29.0B | $28.9B | $29.6B | $28.8B | $26.3B | $25.2B |
| YoY | — | — | — | — | +10.3% | +5.5% | -9.3% | -12.6% |
| Total assets | $266.2B | $267.8B | $273.9B | $273.0B | $272.6B | $260.0B | $257.5B | $257.8B |
| YoY | — | — | — | — | +2.4% | -2.9% | -6.0% | -5.6% |
| Total current liabilities | $39.6B | $42.3B | $31.8B | $32.7B | $33.5B | $33.3B | $33.1B | $30.7B |
| YoY | — | — | — | — | -15.3% | -21.3% | +4.1% | -6.1% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $85.6B | $86.6B | $96.9B | $97.1B | $96.9B | $88.3B | $89.8B | $92.5B |
| YoY | — | — | — | — | +13.3% | +1.9% | -7.3% | -4.7% |
| 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.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $8.1B | $8.3B | $7.8B | $8.7B | $8.8B | $6.9B | $8.1B | $7.9B |
| YoY | — | — | — | — | +9.4% | -16.9% | +3.5% | -9.1% |
| Capital expenditures | $3.9B | $2.3B | $2.7B | $3.1B | $3.7B | $2.4B | $2.9B | $3.1B |
| YoY | — | — | — | — | -4.2% | +4.4% | +8.4% | -0.4% |
| Free cash flow | $4.2B | $6.0B | $5.1B | $5.6B | $5.1B | $4.5B | $5.2B | $4.8B |
| YoY | — | — | — | — | +22.2% | -24.9% | +1.0% | -13.8% |
| Dividends paid | $1.2B | $1.2B | $1.2B | $1.2B | $1.2B | $1.2B | $1.2B | $1.2B |
| YoY | — | — | — | — | +1.6% | +2.0% | -4.4% | -4.0% |
| Share repurchases | $2.2B | $2.2B | $1.8B | $1.6B | $1.5B | $1.5B | $1.0B | $10.0M |
| YoY | — | — | — | — | -29.6% | -32.9% | -45.0% | -99.4% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | 18.9% | 19.8% | 17.7% | — | 13.1% | 17.2% | 18.2% |
| Net margin | — | 11.3% | 36.7% | 10.7% | — | 6.9% | 11.8% | 11.8% |
| Free cash flow margin | — | 20.2% | 16.9% | 18.0% | — | 14.4% | 17.3% | 16.5% |
| Effective tax rate | -31.1% | 26.6% | 24.6% | 27.3% | 4.1% | 25.8% | 25.9% | 24.4% |
| Current ratio | 0.68x | 0.65x | 0.91x | 0.88x | 0.88x | 0.87x | 0.80x | 0.82x |
| 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 |
|---|---|---|---|---|---|---|
| CMCSA FY25 · this stock | — | — | — | — | — | — |
| 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% |
| CHTR FY25 | $54.8B | -0.6% | — | 23.6% | 9.1% | 8.1% |
| 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% |
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.