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 | $2.8B | $2.8B | $2.9B | $3.1B | $3.0B | $3.0B | $3.1B | $3.3B |
| YoY | — | — | — | — | +7.5% | +4.9% | +7.4% | +9.3% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Operating income | $473.3M | $415.7M | $479.2M | $559.1M | $477.2M | $420.3M | $397.1M | $525.6M |
| YoY | — | — | — | — | +0.8% | +1.1% | -17.1% | -6.0% |
| Pretax income | $502.6M | $439.1M | $501.5M | $577.4M | $497.0M | $433.6M | $405.8M | $533.3M |
| YoY | — | — | — | — | -1.1% | -1.3% | -19.1% | -7.6% |
| Income tax | $115.2M | $107.3M | $114.9M | $141.3M | $114.9M | $102.7M | $103.0M | $129.7M |
| YoY | — | — | — | — | -0.3% | -4.3% | -10.4% | -8.2% |
| Net income | $387.4M | $331.8M | $386.6M | $436.1M | $382.1M | $330.9M | $302.8M | $403.5M |
| YoY | — | — | — | — | -1.4% | -0.3% | -21.7% | -7.5% |
| EPS — basic | $0.28 | — | $0.29 | $0.32 | $0.29 | — | $0.23 | $0.32 |
| YoY | — | — | — | — | +3.6% | — | -20.7% | +0.0% |
| EPS — diluted | $0.28 | — | $0.28 | $0.32 | $0.29 | — | $0.23 | $0.32 |
| YoY | — | — | — | — | +3.6% | — | -17.9% | +0.0% |
| Weighted shares — basic | 1.37B | — | 1.35B | 1.34B | 1.33B | — | 1.30B | 1.28B |
| Weighted shares — diluted | 1.37B | — | 1.36B | 1.35B | 1.34B | — | 1.30B | 1.28B |
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 | $698.5M | $748.5M | $725.6M | $844.5M | $698.7M | $350.5M | $246.6M | $228.2M |
| YoY | — | — | — | — | +0.0% | -53.2% | -66.0% | -73.0% |
| Marketable securities (current) | $668.7M | $674.4M | $689.1M | $702.0M | $722.5M | $698.6M | $624.8M | $449.7M |
| YoY | — | — | — | — | +8.0% | +3.6% | -9.3% | -35.9% |
| Accounts receivable | $93.2M | $144.0M | $101.6M | $105.0M | $95.8M | $156.5M | $94.9M | $100.3M |
| YoY | — | — | — | — | +2.8% | +8.7% | -6.6% | -4.5% |
| Inventory | $49.8M | $48.9M | $41.4M | $40.4M | $46.4M | $49.5M | $44.7M | $46.6M |
| YoY | — | — | — | — | -6.8% | +1.2% | +8.0% | +15.3% |
| Total current assets | $1.7B | $1.8B | $1.7B | $1.9B | $1.8B | $1.5B | $1.1B | $940.7M |
| YoY | — | — | — | — | +5.6% | -17.6% | -31.6% | -49.7% |
| Total assets | $9.0B | $9.2B | $9.0B | $9.3B | $9.3B | $9.0B | $8.8B | $8.9B |
| YoY | — | — | — | — | +3.0% | -2.3% | -2.7% | -4.4% |
| Total current liabilities | $1.0B | $1.2B | $1.1B | $1.1B | $1.2B | $1.2B | $1.2B | $1.3B |
| YoY | — | — | — | — | +10.8% | +1.7% | +13.4% | +16.1% |
| Total liabilities | $5.4B | $5.5B | $5.6B | $5.7B | $6.1B | $6.2B | $6.4B | $6.7B |
| YoY | — | — | — | — | +12.3% | +11.1% | +15.2% | +16.1% |
| Total equity | $3.6B | $3.7B | $3.5B | $3.5B | $3.2B | $2.8B | $2.4B | $2.2B |
| YoY | — | — | — | — | -10.8% | -22.6% | -31.0% | -37.7% |
| 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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $446.5M | $526.8M | $557.1M | $561.3M | $569.7M | $425.8M | $651.4M | $680.7M |
| YoY | — | — | — | — | +27.6% | -19.2% | +16.9% | +21.3% |
| Capital expenditures | $147.5M | $172.9M | $144.8M | $160.6M | $163.5M | $197.5M | $180.3M | $217.3M |
| YoY | — | — | — | — | +10.8% | +14.2% | +24.5% | +35.3% |
| Free cash flow | $299.0M | $353.9M | $412.3M | $400.7M | $406.2M | $228.3M | $471.1M | $463.4M |
| YoY | — | — | — | — | +35.9% | -35.5% | +14.3% | +15.6% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $490.2M | $339.0M | $553.8M | $443.3M | $686.7M | $741.8M | $701.0M | $653.9M |
| YoY | — | — | — | — | +40.1% | +118.8% | +26.6% | +47.5% |
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 | 16.9% | 14.6% | 16.7% | 18.3% | 15.9% | 14.1% | 12.9% | 15.7% |
| Net margin | 13.9% | 11.7% | 13.4% | 14.2% | 12.7% | 11.1% | 9.8% | 12.0% |
| Free cash flow margin | 10.7% | 12.4% | 14.3% | 13.1% | 13.5% | 7.7% | 15.3% | 13.8% |
| Effective tax rate | 22.9% | 24.4% | 22.9% | 24.5% | 23.1% | 23.7% | 25.4% | 24.3% |
| Current ratio | 1.62x | 1.52x | 1.52x | 1.65x | 1.54x | 1.23x | 0.92x | 0.72x |
| Total liabilities / equity | 1.49x | 1.52x | 1.59x | 1.63x | 1.88x | 2.18x | 2.66x | 3.03x |
Peer comparison — latest full year
Same sector (Consumer Discretionary), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| CMG FY25 · this stock | $11.9B | +5.4% | — | 16.2% | 12.9% | 12.1% |
| AMZN FY25 | $716.9B | +12.4% | — | 11.2% | 10.8% | — |
| GM FY25 | $185.0B | -1.3% | — | 1.6% | 1.5% | 9.5% |
| F FY24 | $185.0B | +5.0% | — | 2.8% | — | — |
| HD FY26 | $164.7B | +3.2% | 33.3% | 12.7% | 8.6% | — |
| TSLA FY25 | $94.8B | -2.9% | 18.0% | 4.6% | 4.0% | 6.6% |
| LOW FY26 | $86.3B | +3.1% | 33.5% | 11.8% | 7.7% | 8.9% |
| NKE FY26 | $46.4B | +0.2% | 42.9% | — | 6.7% | 4.7% |
| SBUX FY25 | $37.2B | +2.8% | — | 7.9% | 5.0% | 6.6% |
| MCD FY25 | $26.9B | +3.7% | — | 46.1% | 31.9% | 26.7% |
| MAR FY25 | $26.2B | +4.3% | — | 15.8% | 9.9% | — |
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.