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 | $2.7B | $2.9B | $3.0B | $3.3B | $3.4B | $4.0B | $4.0B | $4.5B |
| YoY | — | — | — | — | +27.3% | +37.7% | +33.1% | +35.6% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | $289.0M | $297.0M | $306.0M | $351.0M | $355.0M | $419.0M | $398.0M | $535.0M |
| YoY | — | — | — | — | +22.8% | +41.1% | +30.1% | +52.4% |
| Selling, general & administrative | $798.0M | $865.0M | $918.0M | $995.0M | $976.0M | $1.2B | $1.2B | $1.4B |
| YoY | — | — | — | — | +22.3% | +37.2% | +28.3% | +36.6% |
| Operating income | $107.0M | $117.0M | $155.0M | $163.0M | $258.0M | $147.0M | $151.0M | $156.0M |
| YoY | — | — | — | — | +141.1% | +25.6% | -2.6% | -4.3% |
| Pretax income | $155.0M | $176.0M | $198.0M | $271.0M | $248.0M | $222.0M | $191.0M | $207.0M |
| YoY | — | — | — | — | +60.0% | +26.1% | -3.5% | -23.6% |
| Income tax | $-6.0M | $37.0M | $6.0M | $-13.0M | $5.0M | $9.0M | $8.0M | $8.0M |
| YoY | — | — | — | — | +183.3% | -75.7% | +33.3% | +161.5% |
| Net income | $162.0M | $141.0M | $193.0M | $285.0M | $244.0M | $213.0M | $184.0M | $200.0M |
| YoY | — | — | — | — | +50.6% | +51.1% | -4.7% | -29.8% |
| EPS — basic | $0.39 | — | $0.46 | $0.67 | $0.57 | — | $0.42 | $0.46 |
| YoY | — | — | — | — | +46.2% | — | -8.7% | -31.3% |
| EPS — diluted | $0.38 | — | $0.44 | $0.65 | $0.55 | — | $0.42 | $0.46 |
| YoY | — | — | — | — | +44.7% | — | -4.5% | -29.2% |
| Weighted shares — basic | 413.1M | — | 421.4M | 425.1M | 428.9M | — | 435.4M | 434.4M |
| Weighted shares — diluted | 428.0M | — | 435.6M | 438.4M | 441.8M | — | 442.3M | 439.3M |
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 | $3.7B | $4.0B | $4.5B | $3.9B | $3.3B | $4.4B | $4.6B | $4.4B |
| YoY | — | — | — | — | -10.5% | +8.9% | +1.7% | +13.1% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $622.0M | $732.0M | $782.0M | $840.0M | $894.0M | $1.1B | $1.0B | $1.1B |
| YoY | — | — | — | — | +43.7% | +51.4% | +32.2% | +31.0% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $6.8B | $7.4B | $7.9B | $9.7B | $10.5B | $8.6B | $8.6B | $8.4B |
| YoY | — | — | — | — | +55.2% | +17.0% | +9.4% | -13.5% |
| Total assets | $12.3B | $12.8B | $13.6B | $16.9B | $18.0B | $19.7B | $19.7B | $19.6B |
| YoY | — | — | — | — | +46.4% | +53.0% | +45.2% | +15.4% |
| Total current liabilities | $4.1B | $4.4B | $4.6B | $4.7B | $5.1B | $6.1B | $6.0B | $6.2B |
| YoY | — | — | — | — | +25.4% | +38.5% | +31.7% | +31.0% |
| Total liabilities | $4.7B | $5.0B | $5.2B | $8.0B | $8.5B | $9.6B | $9.5B | $9.6B |
| YoY | — | — | — | — | +80.1% | +90.9% | +83.5% | +20.0% |
| Total equity | $7.6B | $7.8B | $8.4B | $8.9B | $9.5B | $10.0B | $10.2B | $9.9B |
| YoY | — | — | — | — | +25.4% | +28.6% | +21.6% | +11.2% |
| 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 | $531.0M | $518.0M | $635.0M | $504.0M | $871.0M | $421.0M | $594.0M | $944.0M |
| YoY | — | — | — | — | +64.0% | -18.7% | -6.5% | +87.3% |
| Capital expenditures | $32.0M | $32.0M | $74.0M | $66.0M | $63.0M | $54.0M | $57.0M | $61.0M |
| YoY | — | — | — | — | +96.9% | +68.8% | -23.0% | -7.6% |
| Free cash flow | $499.0M | $486.0M | $561.0M | $438.0M | $808.0M | $367.0M | $537.0M | $883.0M |
| YoY | — | — | — | — | +61.9% | -24.5% | -4.3% | +101.6% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $217.0M | $0 | $0 | $0 | $0 | $0 | $162.0M | $887.0M |
| YoY | — | — | — | — | -100.0% | — | — | — |
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 | 4.0% | 4.1% | 5.1% | 5.0% | 7.5% | 3.7% | 3.7% | 3.5% |
| Net margin | 6.0% | 4.9% | 6.4% | 8.7% | 7.1% | 5.4% | 4.6% | 4.5% |
| Free cash flow margin | 18.4% | 16.9% | 18.5% | 13.3% | 23.4% | 9.3% | 13.3% | 19.8% |
| Effective tax rate | -3.9% | 21.0% | 3.0% | -4.8% | 2.0% | 4.1% | 4.2% | 3.9% |
| Current ratio | 1.65x | 1.66x | 1.72x | 2.07x | 2.04x | 1.41x | 1.43x | 1.37x |
| Total liabilities / equity | 0.62x | 0.65x | 0.62x | 0.90x | 0.89x | 0.96x | 0.93x | 0.97x |
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 |
|---|---|---|---|---|---|---|
| DASH FY25 · this stock | $13.7B | +27.9% | — | 5.3% | 6.8% | 15.8% |
| 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.