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.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $7.5B | $8.6B | $9.9B | $11.3B | $11.9B |
| YoY | — | +14.4% | +14.3% | +14.6% | +5.4% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $804.9M | $1.2B | $1.6B | $1.9B | $1.9B |
| YoY | — | +44.2% | +34.2% | +23.0% | +1.0% |
| Pretax income | $812.8M | $1.2B | $1.6B | $2.0B | $2.0B |
| YoY | — | +45.4% | +37.2% | +24.0% | -0.0% |
| Income tax | $159.8M | $282.4M | $391.8M | $476.1M | $473.8M |
| YoY | — | +76.7% | +38.7% | +21.5% | -0.5% |
| Net income | $653.0M | $899.1M | $1.2B | $1.5B | $1.5B |
| YoY | — | +37.7% | +36.7% | +24.9% | +0.1% |
| EPS — basic | $23.21 | $0.65 | $0.89 | $1.12 | $1.15 |
| YoY | — | -97.2% | +36.9% | +25.8% | +2.7% |
| EPS — diluted | $22.90 | $0.64 | $0.89 | $1.11 | $1.14 |
| YoY | — | -97.2% | +39.1% | +24.7% | +2.7% |
| Weighted shares — basic | 28.1M | 1.39B | 1.38B | 1.37B | 1.34B |
| Weighted shares — diluted | 28.5M | 1.40B | 1.39B | 1.38B | 1.34B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $815.4M | $384.0M | $560.6M | $748.5M | $350.5M |
| YoY | — | -52.9% | +46.0% | +33.5% | -53.2% |
| Marketable securities (current) | $260.9M | $515.1M | $734.8M | $674.4M | $698.6M |
| YoY | — | +97.4% | +42.7% | -8.2% | +3.6% |
| Accounts receivable | $99.6M | $106.9M | $115.5M | $144.0M | $156.5M |
| YoY | — | +7.3% | +8.0% | +24.7% | +8.7% |
| Inventory | $32.8M | $35.7M | $39.3M | $48.9M | $49.5M |
| YoY | — | +8.8% | +10.1% | +24.4% | +1.2% |
| Total current assets | $1.4B | $1.2B | $1.6B | $1.8B | $1.5B |
| YoY | — | -14.9% | +37.8% | +9.9% | -17.6% |
| Total assets | $6.7B | $6.9B | $8.0B | $9.2B | $9.0B |
| YoY | — | +4.1% | +16.1% | +14.4% | -2.3% |
| Total current liabilities | $873.7M | $921.9M | $1.0B | $1.2B | $1.2B |
| YoY | — | +5.5% | +11.8% | +13.4% | +1.7% |
| Total liabilities | $4.4B | $4.6B | $5.0B | $5.5B | $6.2B |
| YoY | — | +4.7% | +9.3% | +11.4% | +11.1% |
| Total equity | $2.3B | $2.4B | $3.1B | $3.7B | $2.8B |
| YoY | — | +3.1% | +29.3% | +19.4% | -22.6% |
| 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.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.3B | $1.3B | $1.8B | $2.1B | $2.1B |
| YoY | — | +3.2% | +34.8% | +18.0% | +0.4% |
| Capital expenditures | $442.5M | $479.2M | $560.7M | $593.6M | $666.3M |
| YoY | — | +8.3% | +17.0% | +5.9% | +12.2% |
| Free cash flow | $839.6M | $844.0M | $1.2B | $1.5B | $1.4B |
| YoY | — | +0.5% | +44.9% | +23.6% | -4.2% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $466.5M | $830.1M | $592.3M | $1.0B | $2.4B |
| YoY | — | +77.9% | -28.6% | +69.1% | +142.2% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 10.7% | 13.4% | 15.8% | 16.9% | 16.2% |
| Net margin | 8.7% | 10.4% | 12.4% | 13.6% | 12.9% |
| Free cash flow margin | 11.1% | 9.8% | 12.4% | 13.4% | 12.1% |
| Effective tax rate | 19.7% | 23.9% | 24.2% | 23.7% | 23.6% |
| Current ratio | 1.58x | 1.28x | 1.57x | 1.52x | 1.23x |
| Total liabilities / equity | 1.90x | 1.93x | 1.63x | 1.52x | 2.18x |
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.