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 | $23.2B | $23.2B | $25.5B | $25.9B | $26.9B |
| YoY | — | -0.2% | +10.0% | +1.7% | +3.7% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | $2.9B | $2.8B | $2.9B | $3.0B |
| YoY | — | — | -1.6% | +1.5% | +6.3% |
| Operating income | $10.4B | $9.4B | $11.6B | $11.7B | $12.4B |
| YoY | — | -9.5% | +24.3% | +0.6% | +5.8% |
| Pretax income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Income tax | $1.6B | $1.6B | $2.1B | $2.1B | $2.3B |
| YoY | — | +4.1% | +24.6% | +3.3% | +10.0% |
| Net income | $7.5B | $6.2B | $8.5B | $8.2B | $8.6B |
| YoY | — | -18.1% | +37.1% | -2.9% | +4.1% |
| EPS — basic | $10.11 | $8.39 | $11.63 | $11.45 | $12.00 |
| YoY | — | -17.0% | +38.6% | -1.5% | +4.8% |
| EPS — diluted | $10.04 | $8.33 | $11.56 | $11.39 | $11.95 |
| YoY | — | -17.0% | +38.8% | -1.5% | +4.9% |
| Weighted shares — basic | 0 | 0 | 0 | 0 | 0 |
| Weighted shares — diluted | 0 | 0 | 0 | 0 | 0 |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $4.7B | $2.6B | $4.6B | $1.1B | $774.0M |
| YoY | — | -45.1% | +77.2% | -76.3% | -28.7% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Inventory | $55.6M | $52.0M | $53.0M | $56.0M | $61.0M |
| YoY | — | -6.5% | +1.9% | +5.7% | +8.9% |
| Total current assets | $7.1B | $5.4B | $8.0B | $4.6B | $4.2B |
| YoY | — | -24.1% | +47.2% | -42.4% | -9.5% |
| Total assets | $53.9B | $50.4B | $56.1B | $55.2B | $59.5B |
| YoY | — | -6.3% | +11.3% | -1.7% | +7.9% |
| Total current liabilities | $4.0B | $3.8B | $6.9B | $3.9B | $4.4B |
| YoY | — | -5.4% | +80.4% | -43.7% | +13.0% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $-4.6B | $-6.0B | $-4.7B | $-3.8B | $-1.8B |
| YoY | — | -30.5% | +21.6% | +19.3% | +52.8% |
| Shares outstanding | — | — | — | — | — |
| YoY | — | — | — | — | — |
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 | $9.1B | $7.4B | $9.6B | $9.4B | $10.6B |
| YoY | — | -19.2% | +30.1% | -1.7% | +11.7% |
| Capital expenditures | $2.0B | $1.9B | $2.4B | $2.8B | $3.4B |
| YoY | — | -6.9% | +24.1% | +17.7% | +21.3% |
| Free cash flow | $7.1B | $5.5B | $7.3B | $6.7B | $7.2B |
| YoY | — | -22.7% | +32.2% | -8.0% | +7.7% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $845.5M | $3.9B | $3.1B | $2.8B | $2.1B |
| YoY | — | +360.8% | -21.6% | -7.5% | -27.2% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 44.6% | 40.4% | 45.7% | 45.2% | 46.1% |
| Net margin | 32.5% | 26.6% | 33.2% | 31.7% | 31.9% |
| Free cash flow margin | 30.6% | 23.7% | 28.5% | 25.7% | 26.7% |
| Effective tax rate | — | — | — | — | — |
| Current ratio | 1.78x | 1.43x | 1.16x | 1.19x | 0.95x |
| Total liabilities / equity | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| MCD FY25 · this stock | $26.9B | +3.7% | — | 46.1% | 31.9% | 26.7% |
| 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% |
| LOW FY26 | $86.3B | +3.1% | 33.5% | 11.8% | 7.7% | 8.9% |
| NKE FY26 | $46.4B | +0.2% | 42.9% | — | 6.7% | 4.7% |
| SBUX FY25 | $37.2B | +2.8% | — | 7.9% | 5.0% | 6.6% |
| 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.