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.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $12.7B | $14.4B | $16.3B | $18.8B | $21.4B |
| YoY | — | +12.9% | +13.3% | +15.6% | +13.9% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | $2.3B | $2.5B | $2.8B | $2.9B | $3.4B |
| YoY | — | +8.2% | +8.5% | +6.3% | +15.3% |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $2.6B | $3.1B | $3.6B | $4.9B | $5.9B |
| YoY | — | +22.2% | +15.6% | +35.6% | +19.5% |
| Pretax income | $2.5B | $3.0B | $3.5B | $4.8B | $6.0B |
| YoY | — | +17.6% | +18.8% | +36.2% | +24.5% |
| Income tax | $476.0M | $605.0M | $587.0M | $965.0M | $1.5B |
| YoY | — | +27.1% | -3.0% | +64.4% | +50.4% |
| Net income | $2.1B | $2.4B | $3.0B | $3.9B | $4.6B |
| YoY | — | +15.4% | +24.3% | +30.6% | +18.0% |
| EPS — basic | $7.38 | $8.49 | $10.58 | $13.82 | $16.53 |
| YoY | — | +15.0% | +24.6% | +30.6% | +19.6% |
| EPS — diluted | $7.28 | $8.42 | $10.43 | $13.67 | $16.46 |
| YoY | — | +15.7% | +23.9% | +31.1% | +20.4% |
| Weighted shares — basic | 280.0M | 281.0M | 280.0M | 280.0M | 276.0M |
| Weighted shares — diluted | 284.0M | 283.0M | 284.0M | 283.0M | 277.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | $2.8B | $2.8B | $3.6B | $2.9B | $4.7B |
| YoY | — | +1.9% | +26.7% | -20.1% | +63.1% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $446.0M | $405.0M | $457.0M | $530.0M | $625.0M |
| YoY | — | -9.2% | +12.8% | +16.0% | +17.9% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $5.0B | $5.6B | $9.7B | $14.1B | $15.3B |
| YoY | — | +10.1% | +74.2% | +45.8% | +8.5% |
| Total assets | $27.7B | $27.8B | $32.1B | $37.0B | $36.8B |
| YoY | — | +0.2% | +15.7% | +15.0% | -0.5% |
| Total current liabilities | $3.6B | $3.8B | $7.5B | $10.4B | $10.2B |
| YoY | — | +4.4% | +97.7% | +38.4% | -2.0% |
| Total liabilities | $11.3B | $10.5B | $13.7B | $17.2B | $17.8B |
| YoY | — | -6.9% | +30.3% | +25.9% | +3.2% |
| Total equity | $16.4B | $17.3B | $18.4B | $19.7B | $19.0B |
| YoY | — | +5.0% | +6.8% | +6.9% | -3.6% |
| Shares outstanding | 281.9M | 280.4M | 280.3M | 279.1M | 268.4M |
| YoY | — | -0.5% | -0.0% | -0.4% | -3.8% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Operating cash flow | $3.9B | $5.0B | $4.9B | $6.2B | $8.8B |
| YoY | — | +29.8% | -3.2% | +27.1% | +42.4% |
| Capital expenditures | $157.0M | $210.0M | $191.0M | $84.0M | $175.0M |
| YoY | — | +33.8% | -9.0% | -56.0% | +108.3% |
| Free cash flow | $3.7B | $4.8B | $4.7B | $6.1B | $8.7B |
| YoY | — | +29.6% | -3.0% | +30.5% | +41.5% |
| Dividends paid | $774.0M | $889.0M | $1.0B | $1.2B | $1.3B |
| YoY | — | +14.9% | +16.3% | +15.0% | +13.3% |
| Share repurchases | $1.9B | $2.0B | $2.0B | $2.8B | $5.4B |
| YoY | — | +5.7% | +1.1% | +39.4% | +95.2% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 20.2% | 21.9% | 22.3% | 26.1% | 27.4% |
| Net margin | 16.2% | 16.6% | 18.2% | 20.5% | 21.3% |
| Free cash flow margin | 29.3% | 33.7% | 28.8% | 32.5% | 40.4% |
| Effective tax rate | 18.7% | 20.2% | 16.5% | 20.0% | 24.1% |
| Current ratio | 1.39x | 1.47x | 1.29x | 1.36x | 1.51x |
| Total liabilities / equity | 0.69x | 0.61x | 0.74x | 0.88x | 0.94x |
Peer comparison — latest full year
Same sector (Information Technology), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| INTU FY26 · this stock | $21.4B | +13.9% | — | 27.4% | 21.3% | 40.4% |
| AAPL FY25 | $416.2B | +6.4% | 46.9% | 32.0% | 26.9% | 23.7% |
| MSFT FY26 | $331.8B | +17.8% | 67.9% | 46.8% | 40.3% | 20.2% |
| NVDA FY26 | $215.9B | +65.5% | 71.1% | 60.4% | 55.6% | — |
| MU FY26 | $133.2B | +256.3% | 80.7% | 74.6% | 63.8% | 44.3% |
| IBM FY25 | $67.5B | +7.6% | 58.2% | — | 15.7% | 17.9% |
| ORCL FY26 | $67.4B | +17.3% | — | 30.6% | 25.4% | -35.2% |
| CSCO FY26 | $63.3B | +11.8% | 64.5% | 24.3% | 21.0% | 20.2% |
| INTC FY25 | $52.9B | -0.5% | 34.8% | -4.2% | -0.5% | -9.4% |
| AVGO FY24 | $51.6B | +44.0% | 63.0% | 26.1% | — | 37.6% |
| QCOM FY25 | $44.3B | +13.7% | — | 27.9% | 12.5% | — |
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.