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.
| Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.4B | $4.7B | $5.2B | $5.3B | $5.3B | $5.8B | $6.7B | $8.2B |
| YoY | — | — | — | — | +22.1% | +23.8% | +30.0% | +54.4% |
| Cost of goods sold | $2.3B | $2.4B | $2.6B | $2.6B | $2.7B | $2.9B | $3.2B | $3.9B |
| YoY | — | — | — | — | +17.0% | +21.8% | +25.6% | +48.5% |
| Gross profit | $2.1B | $2.3B | $2.6B | $2.7B | $2.7B | $2.9B | $3.5B | $4.3B |
| YoY | — | — | — | — | +27.9% | +25.8% | +34.3% | +60.1% |
| Research & development | $494.9M | $525.9M | $580.2M | $576.4M | $573.3M | $583.2M | $642.9M | $666.4M |
| YoY | — | — | — | — | +15.8% | +10.9% | +10.8% | +15.6% |
| Selling, general & administrative | $244.2M | $226.0M | $268.4M | $279.3M | $267.7M | $280.3M | $322.3M | $348.7M |
| YoY | — | — | — | — | +9.6% | +24.0% | +20.1% | +24.8% |
| Operating income | $1.3B | $1.6B | $1.7B | $1.8B | $1.8B | $2.0B | $2.5B | $3.3B |
| YoY | — | — | — | — | +35.7% | +31.1% | +44.4% | +79.5% |
| Pretax income | $1.3B | $1.5B | $1.8B | $1.9B | $1.8B | $2.0B | $2.6B | $3.3B |
| YoY | — | — | — | — | +36.2% | +30.9% | +43.6% | +78.2% |
| Income tax | $157.1M | $206.1M | $58.9M | $290.5M | $242.6M | $186.1M | $277.9M | $559.1M |
| YoY | — | — | — | — | +54.4% | -9.7% | +371.8% | +92.5% |
| Net income | $1.2B | $1.3B | $1.7B | $1.6B | $1.6B | $1.8B | $2.3B | $2.8B |
| YoY | — | — | — | — | +33.8% | +37.2% | +32.4% | +75.5% |
| EPS — basic | $0.93 | $1.04 | — | $1.24 | $1.27 | $1.46 | — | $2.20 |
| YoY | — | — | — | — | +36.6% | +40.4% | — | +77.4% |
| EPS — diluted | $0.92 | $1.03 | — | $1.24 | $1.26 | $1.45 | — | $2.19 |
| YoY | — | — | — | — | +37.0% | +40.8% | — | +76.6% |
| Weighted shares — basic | 1.29B | 1.28B | — | 1.26B | 1.25B | 1.25B | — | 1.25B |
| Weighted shares — diluted | 1.29B | 1.29B | — | 1.27B | 1.26B | 1.26B | — | 1.26B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $5.7B | $5.5B | $6.4B | $6.7B | $6.2B | $4.8B | $5.6B | $7.4B |
| YoY | — | — | — | — | +9.1% | -12.8% | -12.7% | +11.1% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $3.3B | $3.2B | $3.4B | $3.6B | $3.5B | $4.1B | $5.3B | $5.7B |
| YoY | — | — | — | — | +5.7% | +28.0% | +58.1% | +55.8% |
| Inventory | $4.4B | $4.5B | $4.3B | $4.1B | $4.0B | $4.0B | $4.3B | $4.6B |
| YoY | — | — | — | — | -7.4% | -10.4% | -0.7% | +11.1% |
| Total current assets | $13.6B | $13.5B | $14.5B | $14.8B | $14.0B | $13.3B | $15.6B | $18.1B |
| YoY | — | — | — | — | +3.0% | -1.2% | +7.5% | +22.4% |
| Total assets | $19.8B | $20.0B | $21.3B | $21.9B | $21.4B | $20.8B | $23.5B | $26.4B |
| YoY | — | — | — | — | +7.8% | +4.1% | +10.2% | +20.3% |
| Total current liabilities | $5.4B | $5.5B | $6.6B | $6.7B | $6.2B | $5.2B | $5.9B | $7.3B |
| YoY | — | — | — | — | +16.1% | -4.5% | -9.6% | +9.0% |
| Total liabilities | $11.0B | $10.5B | $11.5B | $11.7B | $11.2B | $10.2B | $11.1B | $12.4B |
| YoY | — | — | — | — | +1.9% | -2.4% | -3.7% | +6.3% |
| Total equity | $8.8B | $9.5B | $9.9B | $10.2B | $10.1B | $10.6B | $12.5B | $13.9B |
| YoY | — | — | — | — | +15.2% | +11.3% | +26.5% | +36.5% |
| Shares outstanding | 1.28B | 1.28B | 1.27B | 1.26B | 1.25B | 1.25B | 1.25B | 1.25B |
| YoY | — | — | — | — | -2.6% | -2.5% | -1.4% | -0.8% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $741.9M | $1.3B | $2.6B | $1.8B | $1.5B | $1.1B | $1.5B | $3.5B |
| YoY | — | — | — | — | +99.5% | -12.8% | -42.9% | +96.6% |
| Capital expenditures | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Dividends paid | $297.6M | $295.7M | $295.2M | $292.0M | $327.5M | $325.8M | $325.3M | $325.4M |
| YoY | — | — | — | — | +10.0% | +10.2% | +10.2% | +11.4% |
| Share repurchases | $697.7M | $435.3M | $1.3B | $975.8M | $1.5B | $1.2B | $246.6M | $1.0B |
| YoY | — | — | — | — | +110.1% | +167.1% | -80.9% | +5.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 47.4% | 49.0% | 50.1% | 50.4% | 49.6% | 49.8% | 51.7% | 52.3% |
| Operating margin | 30.5% | 33.1% | 33.7% | 34.4% | 33.9% | 35.0% | 37.4% | 40.0% |
| Net margin | 27.2% | 28.2% | 33.3% | 29.5% | 29.8% | 31.3% | 33.9% | 33.5% |
| Free cash flow margin | — | — | — | — | — | — | — | — |
| Effective tax rate | 11.7% | 13.4% | 3.3% | 15.6% | 13.2% | 9.3% | 10.9% | 16.9% |
| Current ratio | 2.54x | 2.45x | 2.21x | 2.21x | 2.26x | 2.54x | 2.63x | 2.48x |
| Total liabilities / equity | 1.25x | 1.10x | 1.16x | 1.15x | 1.11x | 0.96x | 0.89x | 0.89x |
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 |
|---|---|---|---|---|---|---|
| LRCX FY26 · this stock | $23.2B | +26.0% | 50.5% | 35.3% | 31.3% | — |
| 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.