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 | $3.0B | $3.2B | $3.3B | $3.0B | $3.1B | $3.7B | $3.6B |
| YoY | — | — | — | — | -0.9% | +3.7% | +13.5% | +10.7% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $54.0M | $75.0M | $76.0M | $66.0M | $77.0M | $74.0M | $85.0M | $63.0M |
| YoY | — | — | — | — | +42.6% | -1.3% | +11.8% | -4.5% |
| Operating income | $1.1B | $1.1B | $1.2B | $1.3B | $1.2B | $1.2B | $1.7B | $1.4B |
| YoY | — | — | — | — | +6.4% | +14.9% | +36.4% | +7.2% |
| Pretax income | $898.0M | $905.0M | $1.1B | $1.1B | $1.1B | $1.1B | $1.9B | $1.3B |
| YoY | — | — | — | — | +20.4% | +17.8% | +77.8% | +13.7% |
| Income tax | $227.0M | $196.0M | $255.0M | $267.0M | $250.0M | $204.0M | $465.0M | $312.0M |
| YoY | — | — | — | — | +10.1% | +4.1% | +82.4% | +16.9% |
| Net income | $657.0M | $698.0M | $797.0M | $851.0M | $816.0M | $851.0M | $1.4B | $958.0M |
| YoY | — | — | — | — | +24.2% | +21.9% | +77.3% | +12.6% |
| EPS — basic | $1.15 | — | $1.39 | $1.49 | $1.43 | — | $2.49 | $1.70 |
| YoY | — | — | — | — | +24.3% | — | +79.1% | +14.1% |
| EPS — diluted | $1.14 | — | $1.38 | $1.48 | $1.42 | — | $2.48 | $1.69 |
| YoY | — | — | — | — | +24.6% | — | +79.7% | +14.2% |
| Weighted shares — basic | 574.0M | — | 574.0M | 573.0M | 572.0M | — | 567.0M | 564.0M |
| Weighted shares — diluted | 577.0M | — | 577.0M | 575.0M | 574.0M | — | 570.0M | 566.0M |
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 | $755.0M | $844.0M | $783.0M | $1.0B | $850.0M | $837.0M | $863.0M | $1.1B |
| YoY | — | — | — | — | +12.6% | -0.8% | +10.2% | +6.4% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $1.6B | $1.5B | $1.9B | $1.7B | $1.5B | $1.6B | $2.4B | $1.9B |
| YoY | — | — | — | — | -1.4% | +4.2% | +26.8% | +13.2% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $84.7B | $89.1B | $92.6B | $94.0B | $90.8B | $85.8B | $127.1B | $122.1B |
| YoY | — | — | — | — | +7.3% | -3.7% | +37.2% | +29.9% |
| Total assets | $135.2B | $139.4B | $142.9B | $144.2B | $140.9B | $136.9B | $179.2B | $174.2B |
| YoY | — | — | — | — | +4.2% | -1.8% | +25.4% | +20.9% |
| Total current liabilities | $84.6B | $89.6B | $92.7B | $93.4B | $89.8B | $84.1B | $125.7B | $120.6B |
| YoY | — | — | — | — | +6.2% | -6.1% | +35.6% | +29.0% |
| Total liabilities | $107.9B | $111.7B | $114.8B | $115.6B | $112.2B | $107.9B | $149.6B | $144.6B |
| YoY | — | — | — | — | +4.0% | -3.4% | +30.3% | +25.0% |
| Total equity | $27.2B | $27.6B | $28.0B | $28.4B | $28.6B | $28.9B | $29.5B | $29.6B |
| YoY | — | — | — | — | +5.2% | +4.6% | +5.4% | +3.9% |
| Shares outstanding | 574.0M | 574.0M | 574.0M | 572.0M | 570.0M | 567.0M | 566.0M | 561.0M |
| YoY | — | — | — | — | -0.7% | -1.2% | -1.4% | -1.9% |
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 | $898.0M | $1.5B | $966.0M | $1.5B | $915.0M | $1.3B | $1.3B | $2.0B |
| YoY | — | — | — | — | +1.9% | -15.3% | +37.3% | +32.7% |
| Capital expenditures | $79.0M | $194.0M | $85.0M | $60.0M | $62.0M | $166.0M | $64.0M | $144.0M |
| YoY | — | — | — | — | -21.5% | -14.4% | -24.7% | +140.0% |
| Free cash flow | $819.0M | $1.3B | $881.0M | $1.4B | $853.0M | $1.1B | $1.3B | $1.9B |
| YoY | — | — | — | — | +4.2% | -15.5% | +43.2% | +28.2% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $0 | $0 | $241.0M | $255.0M | $398.0M | $400.0M | $551.0M | $651.0M |
| YoY | — | — | — | — | — | — | +128.6% | +155.3% |
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 | 36.4% | 35.5% | 37.8% | 39.8% | 39.0% | 39.4% | 45.4% | 38.5% |
| Net margin | 21.7% | 23.0% | 24.7% | 26.1% | 27.1% | 27.1% | 38.5% | 26.5% |
| Free cash flow margin | 27.0% | 43.3% | 27.3% | 44.3% | 28.4% | 35.3% | 34.4% | 51.3% |
| Effective tax rate | 25.3% | 21.7% | 23.9% | 23.6% | 23.1% | 19.1% | 24.5% | 24.2% |
| Current ratio | 1.00x | 0.99x | 1.00x | 1.01x | 1.01x | 1.02x | 1.01x | 1.01x |
| Total liabilities / equity | 3.96x | 4.04x | 4.10x | 4.07x | 3.92x | 3.73x | 5.08x | 4.89x |
Peer comparison — latest full year
Same sector (Financials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| ICE FY25 · this stock | $12.6B | +7.5% | — | 39.0% | 26.2% | 33.9% |
| JPM FY25 | $182.4B | +2.8% | — | — | 31.3% | — |
| BAC FY25 | $113.1B | +6.8% | — | — | 27.0% | — |
| PGR FY25 | $87.7B | +16.3% | — | — | 12.9% | 19.6% |
| C FY25 | $85.2B | +5.6% | — | — | 16.8% | -87.0% |
| WFC FY25 | $83.7B | +1.7% | — | — | 25.5% | — |
| MS FY25 | $70.6B | +14.4% | — | — | 23.9% | — |
| CB FY25 | $59.4B | +6.5% | — | — | 17.4% | — |
| GS FY25 | $58.3B | +8.9% | — | — | 29.5% | -81.0% |
| AXP FY25 | $41.3B | +6.4% | — | — | 26.2% | 38.7% |
| V FY25 | $40.0B | +11.3% | — | 60.0% | 50.1% | — |
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.