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 | $5.8B | $8.8B | $10.2B | $11.2B | $12.0B |
| YoY | — | +51.6% | +16.7% | +9.2% | +7.7% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $1.0B | $2.1B | $2.2B | $2.4B | $2.7B |
| YoY | — | +107.3% | +6.3% | +6.5% | +13.6% |
| Pretax income | $560.0M | $1.7B | $1.7B | $1.8B | $2.1B |
| YoY | — | +209.6% | -2.4% | +5.4% | +16.2% |
| Income tax | $153.0M | $477.0M | $541.0M | $244.0M | $611.0M |
| YoY | — | +211.8% | +13.4% | -54.9% | +150.4% |
| Net income | $410.0M | $1.3B | $1.1B | $1.5B | $1.5B |
| YoY | — | +206.1% | -9.1% | +34.5% | -5.1% |
| EPS — basic | $1.47 | $4.56 | $4.36 | $6.20 | $6.18 |
| YoY | — | +210.2% | -4.4% | +42.2% | -0.3% |
| EPS — diluted | $1.46 | $4.53 | $4.33 | $6.14 | $6.12 |
| YoY | — | +210.3% | -4.4% | +41.8% | -0.3% |
| Weighted shares — basic | 279.0M | 275.0M | 262.0M | 248.0M | 236.0M |
| Weighted shares — diluted | 281.0M | 277.0M | 264.0M | 250.0M | 238.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $1.4B | $1.2B | $800.0M | $1.3B | $918.0M |
| YoY | — | -15.3% | -33.8% | +62.6% | -29.4% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $1.1B | $1.3B | $1.5B | $1.6B | $1.7B |
| YoY | — | +24.3% | +12.1% | +6.5% | +6.8% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $2.9B | $2.9B | $2.6B | $3.3B | $3.0B |
| YoY | — | -0.0% | -8.9% | +25.2% | -8.4% |
| Total assets | $15.4B | $15.5B | $15.4B | $16.5B | $16.8B |
| YoY | — | +0.5% | -0.7% | +7.3% | +1.5% |
| Total current liabilities | $3.0B | $3.4B | $3.7B | $4.7B | $4.5B |
| YoY | — | +11.7% | +10.4% | +26.3% | -4.1% |
| Total liabilities | $16.3B | $16.6B | $17.7B | $20.2B | $22.1B |
| YoY | — | +2.2% | +6.9% | +13.9% | +9.4% |
| Total equity | $-821.0M | $-1.1B | $-2.4B | $-3.7B | $-5.4B |
| YoY | — | -34.2% | -114.2% | -57.9% | -44.6% |
| Shares outstanding | 279.1M | 267.9M | 253.5M | 241.8M | 230.4M |
| YoY | — | -4.0% | -5.4% | -4.6% | -4.7% |
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 | $109.0M | $1.7B | $1.9B | $2.0B | $2.1B |
| YoY | — | +1442.2% | +15.8% | +3.4% | +5.8% |
| Capital expenditures | $35.0M | $39.0M | $151.0M | $96.0M | $101.0M |
| YoY | — | +11.4% | +287.2% | -36.4% | +5.2% |
| Free cash flow | $74.0M | $1.6B | $1.8B | $1.9B | $2.0B |
| YoY | — | +2118.9% | +9.3% | +6.8% | +5.8% |
| Dividends paid | $0 | $123.0M | $158.0M | $150.0M | $143.0M |
| YoY | — | — | +28.5% | -5.1% | -4.7% |
| Share repurchases | $0 | $1.6B | $2.3B | $2.9B | $3.2B |
| YoY | — | — | +47.0% | +23.7% | +10.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 17.4% | 23.9% | 21.7% | 21.2% | 22.4% |
| Net margin | 7.1% | 14.3% | 11.1% | 13.7% | 12.1% |
| Free cash flow margin | 1.3% | 18.7% | 17.5% | 17.2% | 16.8% |
| Effective tax rate | 27.3% | 27.5% | 32.0% | 13.7% | 29.5% |
| Current ratio | 0.95x | 0.85x | 0.70x | 0.70x | 0.66x |
| Total liabilities / equity | -19.81x | -15.07x | -7.52x | -5.42x | -4.11x |
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.