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 | $9.2B | $9.6B | $9.9B | $11.8B | $12.6B |
| YoY | — | +5.1% | +2.8% | +18.8% | +7.5% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $215.0M | $226.0M | $266.0M | $307.0M | $293.0M |
| YoY | — | +5.1% | +17.7% | +15.4% | -4.6% |
| Operating income | $3.4B | $3.6B | $3.7B | $4.3B | $4.9B |
| YoY | — | +5.5% | +1.5% | +16.6% | +14.4% |
| Pretax income | $5.7B | $1.8B | $2.9B | $3.6B | $4.3B |
| YoY | — | -68.3% | +60.1% | +25.4% | +19.8% |
| Income tax | $1.6B | $310.0M | $456.0M | $826.0M | $976.0M |
| YoY | — | -81.0% | +47.1% | +81.1% | +18.2% |
| Net income | $4.1B | $1.4B | $2.4B | $2.8B | $3.3B |
| YoY | — | -64.4% | +63.8% | +16.3% | +20.4% |
| EPS — basic | $7.22 | $2.59 | $4.20 | $4.80 | $5.79 |
| YoY | — | -64.1% | +62.2% | +14.3% | +20.6% |
| EPS — diluted | $7.18 | $2.58 | $4.19 | $4.78 | $5.77 |
| YoY | — | -64.1% | +62.4% | +14.1% | +20.7% |
| Weighted shares — basic | 562.0M | 559.0M | 564.0M | 573.0M | 572.0M |
| Weighted shares — diluted | 565.0M | 561.0M | 565.0M | 576.0M | 575.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $607.0M | $1.8B | $899.0M | $844.0M | $837.0M |
| YoY | — | +196.4% | -50.0% | -6.1% | -0.8% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $1.2B | $1.2B | $1.4B | $1.5B | $1.6B |
| YoY | — | -3.2% | +16.9% | +9.1% | +4.2% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $154.3B | $156.9B | $85.0B | $89.1B | $85.8B |
| YoY | — | +1.7% | -45.9% | +4.9% | -3.7% |
| Total assets | $193.5B | $194.3B | $136.1B | $139.4B | $136.9B |
| YoY | — | +0.4% | -30.0% | +2.5% | -1.8% |
| Total current liabilities | $153.4B | $149.2B | $84.6B | $89.6B | $84.1B |
| YoY | — | -2.8% | -43.3% | +5.8% | -6.1% |
| Total liabilities | $170.8B | $171.6B | $110.3B | $111.7B | $107.9B |
| YoY | — | +0.5% | -35.7% | +1.3% | -3.4% |
| Total equity | $22.7B | $22.7B | $25.7B | $27.6B | $28.9B |
| YoY | — | -0.0% | +13.3% | +7.5% | +4.6% |
| Shares outstanding | 561.0M | 559.0M | 573.0M | 574.0M | 567.0M |
| YoY | — | -0.4% | +2.5% | +0.2% | -1.2% |
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 | $3.1B | $3.6B | $3.5B | $4.6B | $4.7B |
| YoY | — | +13.8% | -0.3% | +30.1% | +1.1% |
| Capital expenditures | $179.0M | $225.0M | $190.0M | $406.0M | $373.0M |
| YoY | — | +25.7% | -15.6% | +113.7% | -8.1% |
| Free cash flow | $2.9B | $3.3B | $3.4B | $4.2B | $4.3B |
| YoY | — | +13.1% | +0.7% | +25.4% | +2.0% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $250.0M | $632.0M | $0 | $0 | $1.3B |
| YoY | — | +152.8% | -100.0% | — | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 37.6% | 37.8% | 37.3% | 36.6% | 39.0% |
| Net margin | 44.3% | 15.0% | 23.9% | 23.4% | 26.2% |
| Free cash flow margin | 32.1% | 34.5% | 33.8% | 35.7% | 33.9% |
| Effective tax rate | 28.6% | 17.1% | 15.8% | 22.8% | 22.5% |
| Current ratio | 1.01x | 1.05x | 1.00x | 0.99x | 1.02x |
| Total liabilities / equity | 7.52x | 7.56x | 4.29x | 4.04x | 3.73x |
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.