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 | $96.2B | $97.1B | $86.4B | $83.7B | $86.3B |
| YoY | — | +0.8% | -11.0% | -3.1% | +3.1% |
| Cost of goods sold | $64.2B | $64.8B | $57.5B | $55.8B | $57.4B |
| YoY | — | +0.9% | -11.2% | -3.0% | +2.9% |
| Gross profit | $32.1B | $32.3B | $28.8B | $27.9B | $28.9B |
| YoY | — | +0.6% | -10.6% | -3.4% | +3.6% |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $18.3B | $20.3B | $15.6B | $15.7B | $16.8B |
| YoY | — | +11.1% | -23.4% | +0.7% | +7.1% |
| Operating income | $12.1B | $10.2B | $11.6B | $10.5B | $10.2B |
| YoY | — | -16.0% | +13.8% | -9.4% | -3.0% |
| Pretax income | $11.2B | $9.0B | $10.2B | $9.2B | $8.7B |
| YoY | — | -19.4% | +12.6% | -10.0% | -4.4% |
| Income tax | $2.8B | $2.6B | $2.4B | $2.2B | $2.1B |
| YoY | — | -6.0% | -5.8% | -10.3% | -4.7% |
| Net income | $8.4B | $6.4B | $7.7B | $7.0B | $6.7B |
| YoY | — | -23.8% | +20.0% | -10.0% | -4.4% |
| EPS — basic | $12.07 | $10.20 | $13.23 | $12.25 | $11.87 |
| YoY | — | -15.5% | +29.7% | -7.4% | -3.1% |
| EPS — diluted | $12.04 | $10.17 | $13.20 | $12.23 | $11.85 |
| YoY | — | -15.5% | +29.8% | -7.3% | -3.1% |
| Weighted shares — basic | 696.0M | 629.0M | 582.0M | 567.0M | 559.0M |
| Weighted shares — diluted | 699.0M | 631.0M | 584.0M | 568.0M | 560.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | $1.1B | $1.3B | $921.0M | $1.8B | $982.0M |
| YoY | — | +19.0% | -31.7% | +91.2% | -44.2% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | — | — | — | $94.0M | $1.1B |
| YoY | — | — | — | — | +1059.6% |
| Inventory | $17.6B | $18.5B | $16.9B | $17.4B | $17.3B |
| YoY | — | +5.3% | -8.8% | +3.0% | -0.6% |
| Total current assets | $20.1B | $21.4B | $19.1B | $20.4B | $21.0B |
| YoY | — | +6.9% | -11.1% | +6.7% | +2.9% |
| Total assets | $44.6B | $43.7B | $41.8B | $43.1B | $54.1B |
| YoY | — | -2.1% | -4.4% | +3.1% | +25.6% |
| Total current liabilities | $19.7B | $19.5B | $15.6B | $18.8B | $19.5B |
| YoY | — | -0.8% | -20.2% | +20.5% | +3.8% |
| Total liabilities | $49.5B | $58.0B | $56.8B | $57.3B | $64.1B |
| YoY | — | +17.2% | -1.9% | +0.9% | +11.7% |
| Total equity | $-4.8B | $-14.3B | $-15.1B | $-14.2B | $-9.9B |
| YoY | — | -196.0% | -5.6% | +5.4% | +30.3% |
| Shares outstanding | 670.0M | 601.0M | 574.0M | 560.0M | 561.0M |
| YoY | — | -10.3% | -4.5% | -2.4% | +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.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Operating cash flow | $10.1B | $8.6B | $8.1B | $9.6B | $9.9B |
| YoY | — | -15.1% | -5.2% | +18.2% | +2.5% |
| Capital expenditures | $1.9B | $1.8B | $2.0B | $1.9B | $2.2B |
| YoY | — | -1.3% | +7.4% | -1.9% | +14.8% |
| Free cash flow | $8.3B | $6.8B | $6.2B | $7.7B | $7.7B |
| YoY | — | -18.2% | -8.6% | +24.6% | -0.6% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $13.0B | $14.1B | $6.1B | $4.1B | $211.0M |
| YoY | — | +8.5% | -56.5% | -34.0% | -94.8% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Gross margin | 33.3% | 33.2% | 33.4% | 33.3% | 33.5% |
| Operating margin | 12.6% | 10.5% | 13.4% | 12.5% | 11.8% |
| Net margin | 8.8% | 6.6% | 8.9% | 8.3% | 7.7% |
| Free cash flow margin | 8.6% | 7.0% | 7.2% | 9.2% | 8.9% |
| Effective tax rate | 24.7% | 28.8% | 24.1% | 24.0% | 23.9% |
| Current ratio | 1.02x | 1.10x | 1.23x | 1.09x | 1.08x |
| Total liabilities / equity | -10.27x | -4.07x | -3.78x | -4.03x | -6.46x |
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 |
|---|---|---|---|---|---|---|
| LOW FY26 · this stock | $86.3B | +3.1% | 33.5% | 11.8% | 7.7% | 8.9% |
| 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% |
| 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% | — |
| ROST FY26 | $22.8B | +7.7% | — | — | 9.4% | 9.7% |
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.