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 | $3.0B | $2.9B | $2.8B | $2.6B | $3.2B | $3.1B | $3.1B | $2.8B |
| YoY | — | — | — | — | +6.5% | +7.0% | +10.7% | +6.6% |
| Cost of goods sold | $1.8B | $1.3B | $1.9B | $1.8B | $2.1B | $1.9B | $1.9B | $1.5B |
| YoY | — | — | — | — | +22.2% | +46.4% | +1.1% | -16.2% |
| Gross profit | $1.2B | $1.6B | $944.3M | $796.3M | $1.0B | $1.1B | $1.2B | $1.3B |
| YoY | — | — | — | — | -15.9% | -26.5% | +29.5% | +58.6% |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $591.9M | $622.7M | $558.7M | $603.2M | $600.5M | $698.1M | $576.0M | $620.6M |
| YoY | — | — | — | — | +1.5% | +12.1% | +3.1% | +2.9% |
| Operating income | $613.2M | $939.1M | $369.2M | $192.8M | $434.6M | $444.9M | $640.7M | $642.6M |
| YoY | — | — | — | — | -29.1% | -52.6% | +73.5% | +233.3% |
| Pretax income | $518.7M | $723.1M | $323.7M | $149.1M | $371.9M | $369.5M | $592.7M | $588.3M |
| YoY | — | — | — | — | -28.3% | -48.9% | +83.1% | +294.6% |
| Income tax | $72.4M | $-73.5M | $99.5M | $86.4M | $95.6M | $49.5M | $157.6M | $130.6M |
| YoY | — | — | — | — | +32.0% | +167.3% | +58.4% | +51.2% |
| Net income | $446.3M | $796.6M | $224.2M | $62.7M | $276.3M | $320.0M | $435.1M | $457.7M |
| YoY | — | — | — | — | -38.1% | -59.8% | +94.1% | +630.0% |
| EPS — basic | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| EPS — diluted | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Weighted shares — basic | — | — | — | — | — | — | — | — |
| Weighted shares — diluted | — | — | — | — | — | — | — | — |
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 | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $1.1B | $800.4M | $879.6M | $820.2M | $966.4M | $729.5M | $974.6M | $907.4M |
| YoY | — | — | — | — | -15.4% | -8.9% | +10.8% | +10.6% |
| Inventory | $1.3B | $1.3B | $1.5B | $1.8B | $1.7B | $1.4B | $1.4B | $1.7B |
| YoY | — | — | — | — | +31.1% | +14.0% | -2.6% | -5.4% |
| Total current assets | $3.6B | $3.8B | $4.8B | $4.4B | $4.4B | $3.6B | $3.8B | $4.0B |
| YoY | — | — | — | — | +23.8% | -4.5% | -21.6% | -10.6% |
| Total assets | $12.6B | $12.9B | $14.0B | $13.6B | $13.6B | $13.7B | $13.8B | $14.0B |
| YoY | — | — | — | — | +7.6% | +6.1% | -0.9% | +2.4% |
| Total current liabilities | $4.2B | $3.9B | $3.0B | $2.9B | $3.2B | $3.0B | $3.0B | $3.4B |
| YoY | — | — | — | — | -23.1% | -23.4% | +0.8% | +15.9% |
| Total liabilities | $8.4B | $8.2B | $9.3B | $9.1B | $9.0B | $9.1B | $9.1B | $9.4B |
| YoY | — | — | — | — | +7.1% | +10.6% | -1.9% | +3.1% |
| Total equity | — | $4.7B | — | — | — | $4.6B | — | — |
| YoY | — | — | — | — | — | -1.7% | — | — |
| Shares outstanding | — | 202.4M | — | — | — | 202.8M | — | — |
| YoY | — | — | — | — | — | +0.2% | — | — |
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 | $695.3M | $941.6M | $396.7M | $112.2M | $841.9M | $926.6M | $468.8M | $419.3M |
| YoY | — | — | — | — | +21.1% | -1.6% | +18.2% | +273.7% |
| Capital expenditures | $128.0M | $134.5M | $145.5M | $85.1M | $85.9M | $138.1M | $114.6M | $89.8M |
| YoY | — | — | — | — | -32.9% | +2.7% | -21.2% | +5.5% |
| Free cash flow | $567.3M | $807.1M | $251.2M | $27.1M | $756.0M | $788.5M | $354.2M | $329.5M |
| YoY | — | — | — | — | +33.3% | -2.3% | +41.0% | +1115.9% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $69.3M | $370.1M |
| YoY | — | — | — | — | — | — | — | — |
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 | 41.3% | 54.0% | 33.7% | 30.5% | 32.6% | 37.0% | 39.4% | 45.3% |
| Operating margin | 20.5% | 32.5% | 13.2% | 7.4% | 13.7% | 14.4% | 20.6% | 23.1% |
| Net margin | 14.9% | 27.6% | 8.0% | 2.4% | 8.7% | 10.4% | 14.0% | 16.4% |
| Free cash flow margin | 19.0% | 28.0% | 9.0% | 1.0% | 23.8% | 25.5% | 11.4% | 11.8% |
| Effective tax rate | 14.0% | -10.2% | 30.7% | 57.9% | 25.7% | 13.4% | 26.6% | 22.2% |
| Current ratio | 0.85x | 0.96x | 1.59x | 1.53x | 1.36x | 1.19x | 1.24x | 1.18x |
| Total liabilities / equity | — | 1.75x | — | — | — | 1.96x | — | — |
Peer comparison — latest full year
Same sector (Consumer Staples), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| HSY FY25 · this stock | $11.7B | +4.4% | 33.5% | 12.3% | 7.6% | 15.6% |
| WMT FY26 | $713.2B | +4.7% | — | 4.2% | 3.1% | 2.1% |
| COST FY26 | $303.2B | +10.1% | — | 3.9% | 3.0% | 3.1% |
| KR FY26 | $147.6B | +0.4% | — | 1.3% | 0.7% | — |
| PEP FY25 | $93.9B | +2.3% | 54.1% | 12.2% | 8.8% | — |
| PG FY26 | $87.0B | +3.3% | — | 22.7% | 18.4% | 17.4% |
| SYY FY26 | $84.6B | +3.9% | 18.5% | 3.7% | 2.1% | — |
| ADM FY25 | $80.3B | -6.2% | 6.3% | — | 1.3% | 5.2% |
| TSN FY25 | $54.4B | +2.1% | 6.5% | 2.0% | 0.9% | 2.2% |
| KO FY25 | $47.9B | +1.9% | 61.6% | 28.7% | 27.3% | 11.0% |
| PM FY25 | $40.6B | +7.3% | 67.1% | 36.6% | 27.9% | 26.2% |
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.