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 | $56.5B | $29.1B | $35.3B | $38.7B | $45.9B |
| YoY | — | -48.4% | +21.3% | +9.5% | +18.5% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | $1.7B | $808.0M | $1.0B | $1.3B | $1.6B |
| YoY | — | -52.0% | +25.1% | +27.2% | +22.9% |
| Selling, general & administrative | $8.2B | $3.7B | $4.0B | $4.4B | $4.1B |
| YoY | — | -55.1% | +10.2% | +9.7% | -7.9% |
| Operating income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Pretax income | $-5.7B | $1.5B | $10.4B | $7.6B | $10.0B |
| YoY | — | +126.7% | +586.0% | -27.0% | +31.2% |
| Income tax | $-757.0M | $169.0M | $994.0M | $962.0M | $1.4B |
| YoY | — | +122.3% | +488.2% | -3.2% | +46.0% |
| Net income | $-6.3B | $336.0M | $9.5B | $6.6B | $8.7B |
| YoY | — | +105.3% | +2722.0% | -30.9% | +32.8% |
| EPS — basic | $-6.00 | $0.05 | $8.44 | $6.04 | $8.20 |
| YoY | — | +100.8% | +16780.0% | -28.4% | +35.8% |
| EPS — diluted | $-6.00 | $0.05 | $8.36 | $5.99 | $8.14 |
| YoY | — | +100.8% | +16620.0% | -28.3% | +35.9% |
| Weighted shares — basic | 1.10B | 1.10B | 1.09B | 1.08B | 1.06B |
| Weighted shares — diluted | 1.10B | 1.10B | 1.10B | 1.09B | 1.07B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $15.6B | $14.8B | $8.7B | $9.3B | $11.8B |
| YoY | — | -5.1% | -41.3% | +7.2% | +26.2% |
| Inventory | $15.8B | $14.9B | $8.3B | $9.8B | $11.9B |
| YoY | — | -6.0% | -44.4% | +17.9% | +21.6% |
| Total current assets | $66.3B | $58.4B | $42.6B | $37.6B | $40.6B |
| YoY | — | -12.0% | -27.1% | -11.6% | +7.9% |
| Total assets | $198.9B | $188.9B | $173.3B | $123.1B | $130.2B |
| YoY | — | -5.0% | -8.2% | -28.9% | +5.7% |
| Total current liabilities | $52.0B | $49.4B | $32.1B | $34.4B | $39.0B |
| YoY | — | -4.9% | -35.1% | +7.1% | +13.3% |
| Total liabilities | $157.3B | $153.9B | $144.7B | $103.6B | $111.3B |
| YoY | — | -2.1% | -6.0% | -28.4% | +7.4% |
| Total equity | $40.3B | $33.7B | $27.4B | $19.3B | $18.7B |
| YoY | — | -16.4% | -18.7% | -29.4% | -3.4% |
| Shares outstanding | 1.10B | 1.09B | 1.09B | 1.07B | 1.05B |
| YoY | — | -0.9% | -0.1% | -1.4% | -2.3% |
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 | $3.5B | $5.9B | $5.2B | $4.7B | $8.5B |
| YoY | — | +70.0% | -12.3% | -9.2% | +81.3% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $107.0M | $1.0B | $1.2B | $5.8B | $7.6B |
| YoY | — | +879.4% | +17.7% | +372.6% | +29.6% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | — | — |
| Net margin | -11.2% | 1.2% | 26.8% | 16.9% | 19.0% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 13.3% | 11.1% | 9.5% | 12.6% | 14.1% |
| Current ratio | 1.28x | 1.18x | 1.33x | 1.09x | 1.04x |
| Total liabilities / equity | 3.90x | 4.57x | 5.28x | 5.35x | 5.96x |
Peer comparison — latest full year
Same sector (Industrials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| GE FY25 · this stock | $45.9B | +18.5% | — | — | 19.0% | — |
| FDX FY26 | $94.7B | +7.7% | — | 5.8% | 4.7% | — |
| BA FY25 | $89.5B | +34.5% | 4.8% | 4.8% | 2.5% | -2.1% |
| UPS FY25 | $88.7B | -2.6% | — | 8.9% | 6.3% | 5.4% |
| RTX FY25 | $88.6B | +9.7% | — | 10.5% | 7.6% | 9.0% |
| LMT FY25 | $75.0B | +5.6% | 10.2% | 10.3% | 6.7% | — |
| GD FY25 | $52.5B | +10.1% | — | 10.2% | 8.0% | 7.5% |
| UBER FY25 | $52.0B | +18.3% | — | 10.7% | 19.3% | 18.8% |
| DE FY25 | $45.7B | -11.7% | — | — | 11.0% | 13.4% |
| CAT FY10 | $42.6B | +31.5% | — | 9.3% | — | — |
| NOC FY25 | $42.0B | +2.2% | — | 10.8% | 10.0% | 7.9% |
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.