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 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.4B | $10.0B | $9.8B | $10.2B | $10.3B | $11.2B | $11.1B | $11.3B |
| YoY | — | — | — | — | +8.6% | +12.1% | +13.3% | +10.8% |
| Cost of goods sold | $2.1B | $2.2B | $2.3B | $2.2B | $2.3B | $2.5B | $2.6B | $2.6B |
| YoY | — | — | — | — | +7.1% | +13.1% | +13.5% | +18.2% |
| Gross profit | $7.3B | $7.8B | $7.6B | $8.0B | $8.0B | $8.7B | $8.6B | $8.7B |
| YoY | — | — | — | — | +9.1% | +11.8% | +13.2% | +8.8% |
| Research & development | $1.4B | $1.4B | $1.5B | $1.5B | $1.4B | $1.6B | $1.6B | $1.7B |
| YoY | — | — | — | — | +5.7% | +14.0% | +11.4% | +13.9% |
| Selling, general & administrative | $4.0B | $4.2B | $4.1B | $4.2B | $4.1B | $4.9B | $4.5B | $4.6B |
| YoY | — | — | — | — | +2.2% | +16.1% | +9.3% | +9.7% |
| Operating income | $1.9B | $1.8B | $1.9B | $2.3B | $2.2B | $1.9B | $2.3B | $2.3B |
| YoY | — | — | — | — | +15.6% | +2.7% | +20.9% | -0.0% |
| Pretax income | $1.7B | $2.0B | $2.0B | $2.4B | $2.5B | $2.6B | $2.7B | $4.6B |
| YoY | — | — | — | — | +43.9% | +32.2% | +37.8% | +89.2% |
| Income tax | $219.0M | $280.0M | $433.0M | $519.0M | $426.0M | $685.0M | $614.0M | $1.0B |
| YoY | — | — | — | — | +94.5% | +144.6% | +41.8% | +97.7% |
| Net income | $1.5B | $1.7B | $1.5B | $1.9B | $2.1B | $1.9B | $2.1B | $3.5B |
| YoY | — | — | — | — | +36.6% | +13.8% | +36.7% | +86.9% |
| EPS — basic | $1.60 | — | $1.61 | $1.97 | $2.20 | — | $2.43 | $4.30 |
| YoY | — | — | — | — | +37.5% | — | +50.9% | +118.3% |
| EPS — diluted | $1.58 | — | $1.59 | $1.96 | $2.19 | — | $2.42 | $4.29 |
| YoY | — | — | — | — | +38.6% | — | +52.2% | +118.9% |
| Weighted shares — basic | 956.0M | — | 960.0M | 956.0M | 948.0M | — | 868.0M | 820.0M |
| Weighted shares — diluted | 965.0M | — | 970.0M | 962.0M | 952.0M | — | 871.0M | 821.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $8.0B | $8.8B | $10.9B | $10.4B | $9.0B | $7.3B | $8.9B | $8.3B |
| YoY | — | — | — | — | +12.3% | -17.2% | -18.2% | -19.8% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $4.7B | $11.9B | $4.4B | $5.6B | $5.5B | $14.3B | $5.1B | $6.3B |
| YoY | — | — | — | — | +15.5% | +20.0% | +16.7% | +12.9% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $21.4B | $29.7B | $25.9B | $25.3B | $21.1B | $28.2B | $21.6B | $22.1B |
| YoY | — | — | — | — | -1.7% | -5.1% | -16.4% | -12.8% |
| Total assets | $91.4B | $102.9B | $98.6B | $97.6B | $95.1B | $112.3B | $106.7B | $109.6B |
| YoY | — | — | — | — | +4.1% | +9.1% | +8.2% | +12.3% |
| Total current liabilities | $19.4B | $28.0B | $24.2B | $22.5B | $21.4B | $37.1B | $27.5B | $26.3B |
| YoY | — | — | — | — | +10.5% | +32.7% | +13.7% | +16.9% |
| Total liabilities | $32.9B | $41.8B | $37.9B | $36.2B | $35.1B | $53.2B | $72.4B | $71.2B |
| YoY | — | — | — | — | +6.9% | +27.3% | +90.9% | +96.6% |
| Total equity | $58.5B | $61.2B | $60.7B | $61.3B | $60.0B | $59.1B | $34.2B | $38.4B |
| YoY | — | — | — | — | +2.6% | -3.3% | -43.6% | -37.4% |
| Shares outstanding | — | 962.0M | — | — | — | 929.0M | — | — |
| YoY | — | — | — | — | — | -3.4% | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.0B | $4.0B | $6.5B | $740.0M | $2.3B | $5.5B | $6.7B | $1.3B |
| YoY | — | — | — | — | +16.8% | +37.6% | +3.5% | +71.5% |
| Capital expenditures | $204.0M | $154.0M | $179.0M | $135.0M | $139.0M | $141.0M | $145.0M | $171.0M |
| YoY | — | — | — | — | -31.9% | -8.4% | -19.0% | +26.7% |
| Free cash flow | $1.8B | $3.8B | $6.3B | $605.0M | $2.2B | $5.3B | $6.6B | $1.1B |
| YoY | — | — | — | — | +22.4% | +39.5% | +4.1% | +81.5% |
| Dividends paid | $382.0M | $383.0M | $402.0M | $399.0M | $395.0M | $391.0M | $365.0M | $364.0M |
| YoY | — | — | — | — | +3.4% | +2.1% | -9.2% | -8.8% |
| Share repurchases | $1.3B | $76.0M | $2.6B | $2.2B | $3.8B | $3.9B | $27.2B | $84.0M |
| YoY | — | — | — | — | +195.8% | +5080.3% | +934.9% | -96.2% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 77.7% | 77.8% | 77.0% | 78.1% | 78.0% | 77.6% | 76.9% | 76.7% |
| Operating margin | 20.0% | 18.2% | 19.8% | 22.8% | 21.3% | 16.7% | 21.1% | 20.5% |
| Net margin | 16.2% | 17.1% | 15.7% | 18.4% | 20.3% | 17.3% | 18.9% | 31.1% |
| Free cash flow margin | 18.8% | 38.2% | 64.1% | 5.9% | 21.2% | 47.5% | 58.9% | 9.7% |
| Effective tax rate | 12.5% | 14.1% | 21.9% | 21.6% | 17.0% | 26.1% | 22.6% | 22.5% |
| Current ratio | 1.11x | 1.06x | 1.07x | 1.12x | 0.98x | 0.76x | 0.79x | 0.84x |
| Total liabilities / equity | 0.56x | 0.68x | 0.63x | 0.59x | 0.59x | 0.90x | 2.12x | 1.86x |
Peer comparison — latest full year
Same sector (Information Technology), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| CRM FY26 · this stock | $41.5B | +9.6% | 77.7% | 20.1% | 18.0% | 34.7% |
| AAPL FY25 | $416.2B | +6.4% | 46.9% | 32.0% | 26.9% | 23.7% |
| MSFT FY26 | $331.8B | +17.8% | 67.9% | 46.8% | 40.3% | 20.2% |
| NVDA FY26 | $215.9B | +65.5% | 71.1% | 60.4% | 55.6% | — |
| MU FY26 | $133.2B | +256.3% | 80.7% | 74.6% | 63.8% | 44.3% |
| IBM FY25 | $67.5B | +7.6% | 58.2% | — | 15.7% | 17.9% |
| ORCL FY26 | $67.4B | +17.3% | — | 30.6% | 25.4% | -35.2% |
| CSCO FY26 | $63.3B | +11.8% | 64.5% | 24.3% | 21.0% | 20.2% |
| INTC FY25 | $52.9B | -0.5% | 34.8% | -4.2% | -0.5% | -9.4% |
| AVGO FY24 | $51.6B | +44.0% | 63.0% | 26.1% | — | 37.6% |
| QCOM FY25 | $44.3B | +13.7% | — | 27.9% | 12.5% | — |
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.