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.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8B | $2.7B | $3.1B | $3.1B | $3.1B | $2.9B | $3.3B | $3.3B |
| YoY | — | — | — | — | +10.9% | +9.0% | +6.5% | +6.6% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Operating income | $489.0M | $536.0M | $778.0M | $777.0M | $602.0M | $678.0M | $858.0M | $909.0M |
| YoY | — | — | — | — | +23.1% | +26.5% | +10.3% | +17.0% |
| Pretax income | $336.0M | $410.0M | $629.0M | $604.0M | $429.0M | $518.0M | $680.0M | $722.0M |
| YoY | — | — | — | — | +27.7% | +26.3% | +8.1% | +19.5% |
| Income tax | $-169.0M | $110.0M | $187.0M | $183.0M | $131.0M | $135.0M | $198.0M | $186.0M |
| YoY | — | — | — | — | +177.5% | +22.7% | +5.9% | +1.6% |
| Net income | $505.0M | $300.0M | $440.0M | $420.0M | $297.0M | $385.0M | $482.0M | $536.0M |
| YoY | — | — | — | — | -41.2% | +28.3% | +9.5% | +27.6% |
| EPS — basic | — | $1.25 | $1.85 | $1.79 | — | $1.68 | $2.12 | $2.39 |
| YoY | — | — | — | — | — | +34.4% | +14.6% | +33.5% |
| EPS — diluted | — | $1.23 | $1.84 | $1.78 | — | $1.66 | $2.10 | $2.37 |
| YoY | — | — | — | — | — | +35.0% | +14.1% | +33.1% |
| Weighted shares — basic | — | 240.0M | 237.0M | 234.0M | — | 229.0M | 227.0M | 224.0M |
| Weighted shares — diluted | — | 243.0M | 239.0M | 237.0M | — | 232.0M | 229.0M | 226.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.3B | $731.0M | $371.0M | $1.1B | $918.0M | $564.0M | $1.0B | $774.0M |
| YoY | — | — | — | — | -29.4% | -22.8% | +172.0% | -26.8% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $1.6B | $1.6B | $1.7B | $1.7B | $1.7B | $1.7B | $1.8B | $1.8B |
| YoY | — | — | — | — | +6.8% | +6.9% | +6.8% | +9.0% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $3.3B | $2.8B | $2.5B | $3.1B | $3.0B | $2.8B | $3.3B | $3.1B |
| YoY | — | — | — | — | -8.4% | +0.3% | +33.5% | -0.2% |
| Total assets | $16.5B | $16.0B | $15.9B | $16.6B | $16.8B | $16.4B | $16.9B | $16.8B |
| YoY | — | — | — | — | +1.5% | +2.1% | +6.4% | +1.0% |
| Total current liabilities | $4.7B | $4.8B | $4.6B | $4.7B | $4.5B | $4.6B | $5.1B | $5.3B |
| YoY | — | — | — | — | -4.1% | -5.8% | +10.7% | +12.2% |
| Total liabilities | $20.2B | $20.4B | $20.5B | $21.5B | $22.1B | $22.3B | $23.2B | $23.4B |
| YoY | — | — | — | — | +9.4% | +9.2% | +13.4% | +8.5% |
| Total equity | $-3.7B | $-4.4B | $-4.6B | $-4.9B | $-5.4B | $-5.9B | $-6.3B | $-6.6B |
| YoY | — | — | — | — | -44.6% | -34.9% | -37.3% | -33.7% |
| Shares outstanding | 241.8M | 238.8M | 235.8M | 233.1M | 230.4M | 228.3M | 225.7M | 223.1M |
| YoY | — | — | — | — | -4.7% | -4.4% | -4.3% | -4.3% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $582.0M | $452.0M | $658.0M | $816.0M | $203.0M | $618.0M | $472.0M | $721.0M |
| YoY | — | — | — | — | -65.1% | +36.7% | -28.3% | -11.6% |
| Capital expenditures | $48.0M | $19.0M | $23.0M | $29.0M | $30.0M | $9.0M | $12.0M | $32.0M |
| YoY | — | — | — | — | -37.5% | -52.6% | -47.8% | +10.3% |
| Free cash flow | $534.0M | $433.0M | $635.0M | $787.0M | $173.0M | $609.0M | $460.0M | $689.0M |
| YoY | — | — | — | — | -67.6% | +40.6% | -27.6% | -12.5% |
| Dividends paid | $37.0M | $37.0M | $36.0M | $35.0M | $35.0M | $35.0M | $34.0M | $34.0M |
| YoY | — | — | — | — | -5.4% | -5.4% | -5.6% | -2.9% |
| Share repurchases | $766.0M | $875.0M | $769.0M | $759.0M | $779.0M | $821.0M | $966.0M | $846.0M |
| YoY | — | — | — | — | +1.7% | -6.2% | +25.6% | +11.5% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 17.6% | 19.9% | 24.8% | 24.9% | 19.5% | 23.1% | 25.7% | 27.3% |
| Net margin | 18.1% | 11.1% | 14.0% | 13.5% | 9.6% | 13.1% | 14.4% | 16.1% |
| Free cash flow margin | 19.2% | 16.1% | 20.2% | 25.2% | 5.6% | 20.7% | 13.8% | 20.7% |
| Effective tax rate | -50.3% | 26.8% | 29.7% | 30.3% | 30.5% | 26.1% | 29.1% | 25.8% |
| Current ratio | 0.70x | 0.57x | 0.54x | 0.66x | 0.66x | 0.61x | 0.65x | 0.59x |
| Total liabilities / equity | -5.42x | -4.66x | -4.46x | -4.37x | -4.11x | -3.77x | -3.68x | -3.54x |
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 |
|---|---|---|---|---|---|---|
| HLT FY25 · this stock | $12.0B | +7.7% | — | 22.4% | 12.1% | 16.8% |
| 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.