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 | $17.2B | $17.4B | $14.9B | $18.4B | $23.2B |
| YoY | — | +1.2% | -14.5% | +23.7% | +26.0% |
| Cost of goods sold | $9.4B | $9.7B | $7.9B | $9.5B | $11.5B |
| YoY | — | +3.2% | -18.6% | +20.4% | +21.7% |
| Gross profit | $7.9B | $7.8B | $7.1B | $9.0B | $11.7B |
| YoY | — | -1.2% | -9.3% | +27.3% | +30.6% |
| Research & development | $1.6B | $1.7B | $1.9B | $2.1B | $2.4B |
| YoY | — | +7.7% | +10.1% | +10.2% | +13.3% |
| Selling, general & administrative | $885.7M | $832.8M | $868.2M | $981.7M | $1.1B |
| YoY | — | -6.0% | +4.3% | +13.1% | +17.1% |
| Operating income | $5.4B | $5.2B | $4.3B | $5.9B | $8.2B |
| YoY | — | -3.8% | -17.6% | +38.4% | +39.0% |
| Pretax income | $5.2B | $5.1B | $4.4B | $6.0B | $8.3B |
| YoY | — | -1.6% | -14.7% | +36.6% | +38.7% |
| Income tax | $587.8M | $598.3M | $532.5M | $599.9M | $997.1M |
| YoY | — | +1.8% | -11.0% | +12.7% | +66.2% |
| Net income | $4.6B | $4.5B | $3.8B | $5.4B | $7.3B |
| YoY | — | -2.0% | -15.1% | +40.0% | +35.6% |
| EPS — basic | $32.92 | $3.33 | $2.91 | $4.17 | $5.79 |
| YoY | — | -89.9% | -12.6% | +43.3% | +38.8% |
| EPS — diluted | $32.75 | $3.32 | $2.90 | $4.15 | $5.76 |
| YoY | — | -89.9% | -12.7% | +43.1% | +38.8% |
| Weighted shares — basic | 139.9M | 1.35B | 1.31B | 1.29B | 1.26B |
| Weighted shares — diluted | 140.6M | 1.36B | 1.32B | 1.29B | 1.26B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | $3.5B | $5.3B | $5.8B | $6.4B | $5.6B |
| YoY | — | +51.5% | +9.6% | +9.3% | -12.7% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $4.3B | $2.8B | $2.5B | $3.4B | $5.3B |
| YoY | — | -34.5% | -10.8% | +34.1% | +58.1% |
| Inventory | $4.0B | $4.8B | $4.2B | $4.3B | $4.3B |
| YoY | — | +21.4% | -12.4% | +2.1% | -0.7% |
| Total current assets | $12.3B | $13.2B | $12.9B | $14.5B | $15.6B |
| YoY | — | +7.7% | -2.6% | +12.7% | +7.5% |
| Total assets | $17.2B | $18.8B | $18.7B | $21.3B | $23.5B |
| YoY | — | +9.2% | -0.2% | +13.9% | +10.2% |
| Total current liabilities | $4.6B | $4.2B | $4.3B | $6.6B | $5.9B |
| YoY | — | -8.3% | +3.7% | +51.4% | -9.6% |
| Total liabilities | $10.9B | $10.6B | $10.2B | $11.5B | $11.1B |
| YoY | — | -3.2% | -3.5% | +12.5% | -3.7% |
| Total equity | $6.3B | $8.2B | $8.5B | $9.9B | $12.5B |
| YoY | — | +30.8% | +4.0% | +15.5% | +26.5% |
| Shares outstanding | 137.0M | 133.3M | 1.30B | 1.27B | 1.25B |
| YoY | — | -2.7% | +878.1% | -2.7% | -1.4% |
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 | $3.1B | $5.2B | $4.7B | $6.2B | $5.9B |
| YoY | — | +67.1% | -10.2% | +32.7% | -5.1% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | $815.3M | $907.9M | $1.0B | $1.1B | $1.3B |
| YoY | — | +11.4% | +12.2% | +12.8% | +10.5% |
| Share repurchases | $3.9B | $2.0B | $2.8B | $3.4B | $3.9B |
| YoY | — | -47.8% | +40.9% | +20.4% | +12.5% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Gross margin | 45.7% | 44.6% | 47.3% | 48.7% | 50.5% |
| Operating margin | 31.2% | 29.7% | 28.6% | 32.0% | 35.3% |
| Net margin | 26.7% | 25.9% | 25.7% | 29.1% | 31.3% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 11.3% | 11.7% | 12.2% | 10.1% | 12.1% |
| Current ratio | 2.69x | 3.16x | 2.97x | 2.21x | 2.63x |
| Total liabilities / equity | 1.74x | 1.29x | 1.20x | 1.16x | 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.