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 | $88.3B | $96.5B | $90.2B | $96.4B | $102.3B | $113.8B | $109.9B | $119.8B |
| YoY | — | — | — | — | +15.9% | +18.0% | +21.8% | +24.2% |
| Cost of goods sold | $36.5B | $40.6B | $36.4B | $39.0B | $41.4B | $45.8B | $41.3B | $45.9B |
| YoY | — | — | — | — | +13.4% | +12.7% | +13.5% | +17.7% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | $12.4B | $13.1B | $13.6B | $13.8B | $15.2B | $18.6B | $17.0B | $18.2B |
| YoY | — | — | — | — | +21.7% | +41.6% | +25.6% | +31.9% |
| Selling, general & administrative | $10.8B | $11.8B | $9.7B | $12.3B | $14.6B | $13.6B | $11.9B | $14.9B |
| YoY | — | — | — | — | +34.8% | +15.2% | +22.5% | +20.7% |
| Operating income | $28.5B | $31.0B | $30.6B | $31.3B | $31.2B | $35.9B | $39.7B | $40.8B |
| YoY | — | — | — | — | +9.5% | +16.0% | +29.7% | +30.4% |
| Pretax income | $31.7B | $32.2B | $41.8B | $33.9B | $44.0B | $39.1B | $77.4B | $138.8B |
| YoY | — | — | — | — | +38.7% | +21.3% | +85.2% | +308.9% |
| Income tax | $5.4B | $5.7B | $7.2B | $5.7B | $9.0B | $4.7B | $14.8B | $26.6B |
| YoY | — | — | — | — | +66.7% | -18.3% | +104.6% | +363.0% |
| Net income | $26.3B | $26.5B | $34.5B | $28.2B | $35.0B | $34.5B | $62.6B | $112.2B |
| YoY | — | — | — | — | +33.0% | +29.8% | +81.2% | +297.9% |
| EPS — basic | $2.14 | — | $2.84 | $2.33 | $2.89 | — | $5.17 | $9.23 |
| YoY | — | — | — | — | +35.0% | — | +82.0% | +296.1% |
| EPS — diluted | $2.12 | — | $2.81 | $2.31 | $2.87 | — | $5.11 | $9.11 |
| YoY | — | — | — | — | +35.4% | — | +81.9% | +294.4% |
| Weighted shares — basic | 12.29B | — | 12.18B | 12.12B | 12.09B | — | 12.10B | 12.15B |
| Weighted shares — diluted | 12.42B | — | 12.29B | 12.20B | 12.20B | — | 12.24B | 12.31B |
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 | $20.0B | $23.5B | $23.3B | $21.0B | $23.1B | $30.7B | $38.1B | $55.9B |
| YoY | — | — | — | — | +15.7% | +30.9% | +63.6% | +165.8% |
| Marketable securities (current) | $73.3B | $72.2B | $72.1B | $74.1B | $75.4B | $96.1B | $88.8B | $186.6B |
| YoY | — | — | — | — | +2.9% | +33.2% | +23.2% | +151.7% |
| Accounts receivable | $49.1B | $52.3B | $51.0B | $55.0B | $57.1B | $62.9B | $63.0B | $69.2B |
| YoY | — | — | — | — | +16.4% | +20.1% | +23.5% | +25.7% |
| Inventory | — | — | — | — | — | $2.4B | — | $10.0B |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $157.5B | $163.7B | $162.1B | $166.2B | $173.9B | $206.0B | $213.8B | $343.5B |
| YoY | — | — | — | — | +10.4% | +25.9% | +31.9% | +106.7% |
| Total assets | $430.3B | $450.3B | $475.4B | $502.1B | $536.5B | $595.3B | $703.9B | $922.0B |
| YoY | — | — | — | — | +24.7% | +32.2% | +48.1% | +83.6% |
| Total current liabilities | $80.8B | $89.1B | $91.7B | $87.3B | $99.5B | $102.7B | $111.2B | $126.1B |
| YoY | — | — | — | — | +23.2% | +15.3% | +21.3% | +44.4% |
| Total liabilities | $116.1B | $125.2B | $130.1B | $139.1B | $149.6B | $180.0B | $225.2B | $281.5B |
| YoY | — | — | — | — | +28.8% | +43.8% | +73.1% | +102.3% |
| Total equity | $314.1B | $325.1B | $345.3B | $362.9B | $386.9B | $415.3B | $478.7B | $640.5B |
| YoY | — | — | — | — | +23.2% | +27.7% | +38.7% | +76.5% |
| Shares outstanding | 12.26B | 12.21B | 12.15B | 12.10B | 12.08B | 12.09B | 12.12B | 12.23B |
| YoY | — | — | — | — | -1.5% | -1.0% | -0.3% | +1.0% |
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 | $30.7B | $39.1B | $36.1B | $27.7B | $48.4B | $52.4B | $45.8B | $39.1B |
| YoY | — | — | — | — | +57.7% | +34.0% | +26.7% | +40.8% |
| Capital expenditures | $13.1B | $14.3B | $17.2B | $22.4B | $24.0B | $27.9B | $35.7B | $44.9B |
| YoY | — | — | — | — | +83.4% | +95.1% | +107.4% | +100.1% |
| Free cash flow | $17.6B | $24.8B | $19.0B | $5.3B | $24.5B | $24.6B | $10.1B | $-5.9B |
| YoY | — | — | — | — | +38.7% | -1.2% | -46.6% | -210.5% |
| Dividends paid | $2.5B | $2.4B | $2.4B | $2.5B | $2.5B | $2.5B | $2.5B | — |
| YoY | — | — | — | — | +3.3% | +3.8% | +4.4% | — |
| Share repurchases | $15.3B | $15.6B | $15.1B | $13.2B | $11.9B | $5.5B | $0 | $0 |
| YoY | — | — | — | — | -22.2% | -64.6% | -100.0% | -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 | 32.3% | 32.1% | 33.9% | 32.4% | 30.5% | 31.6% | 36.1% | 34.0% |
| Net margin | 29.8% | 27.5% | 38.3% | 29.2% | 34.2% | 30.3% | 56.9% | 93.7% |
| Free cash flow margin | 20.0% | 25.7% | 21.0% | 5.5% | 23.9% | 21.6% | 9.2% | -4.9% |
| Effective tax rate | 17.0% | 17.7% | 17.3% | 16.9% | 20.5% | 11.9% | 19.2% | 19.1% |
| Current ratio | 1.95x | 1.84x | 1.77x | 1.90x | 1.75x | 2.01x | 1.92x | 2.72x |
| Total liabilities / equity | 0.37x | 0.39x | 0.38x | 0.38x | 0.39x | 0.43x | 0.47x | 0.44x |
Peer comparison — latest full year
Same sector (Communication Services), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| GOOGL FY25 · this stock | $402.8B | +15.1% | — | 32.0% | 32.8% | 18.2% |
| META FY25 | $201.0B | +22.2% | — | 41.4% | 30.1% | 22.9% |
| VZ FY25 | $138.2B | +2.5% | — | 21.2% | 12.4% | — |
| T FY25 | $125.6B | +2.7% | — | 19.2% | 17.5% | — |
| DIS FY25 | $94.4B | +3.4% | — | 18.6% | 13.1% | — |
| TMUS FY25 | $88.3B | +8.5% | — | 20.7% | 12.4% | 20.4% |
| CHTR FY25 | $54.8B | -0.6% | — | 23.6% | 9.1% | 8.1% |
| NFLX FY25 | $45.2B | +15.9% | — | 29.5% | 24.3% | 20.9% |
| LYV FY25 | $25.2B | +8.8% | — | 5.0% | 2.0% | 1.3% |
| OMC FY25 | $17.3B | +10.1% | — | 2.6% | -0.3% | 16.1% |
| FOXA FY23 | $14.9B | +6.7% | — | — | — | 9.7% |
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.