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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.9B | $6.4B | $6.0B | $6.8B | $7.1B | $7.0B | $6.5B | $7.1B |
| YoY | — | — | — | — | +3.0% | +9.7% | +9.4% | +3.7% |
| Cost of goods sold | $646.0M | — | $620.0M | $654.0M | $666.0M | — | $676.0M | $680.0M |
| YoY | — | — | — | — | +3.1% | — | +9.0% | +4.0% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $647.0M | $799.0M | $682.0M | $700.0M | $785.0M | $872.0M | $759.0M | $817.0M |
| YoY | — | — | — | — | +21.3% | +9.1% | +11.3% | +16.7% |
| Operating income | $3.2B | $2.9B | $2.6B | $3.2B | $3.4B | $3.2B | $3.0B | $3.3B |
| YoY | — | — | — | — | +5.3% | +10.0% | +11.5% | +3.3% |
| Pretax income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Income tax | $588.0M | $521.0M | $461.0M | $608.0M | $671.0M | $594.0M | $559.0M | $574.0M |
| YoY | — | — | — | — | +14.1% | +14.0% | +21.3% | -5.6% |
| Net income | $2.3B | $2.0B | $1.9B | $2.3B | $2.3B | $2.2B | $2.0B | $2.4B |
| YoY | — | — | — | — | +1.0% | +7.3% | +6.2% | +4.8% |
| EPS — basic | $3.15 | — | $2.61 | $3.15 | $3.20 | — | $2.79 | $3.33 |
| YoY | — | — | — | — | +1.6% | — | +6.9% | +5.7% |
| EPS — diluted | $3.13 | — | $2.60 | $3.14 | $3.18 | — | $2.78 | $3.32 |
| YoY | — | — | — | — | +1.6% | — | +6.9% | +5.7% |
| Weighted shares — basic | 0 | — | 0 | 0 | 0 | — | 0 | 0 |
| Weighted shares — diluted | 0 | — | 0 | 0 | 0 | — | 0 | 0 |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.2B | $1.1B | $1.2B | $1.9B | $2.4B | $774.0M | $1.2B | $822.0M |
| YoY | — | — | — | — | +97.6% | -28.7% | -5.5% | -56.2% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Inventory | $54.0M | $56.0M | $51.0M | $55.0M | $55.0M | $61.0M | $61.0M | $58.0M |
| YoY | — | — | — | — | +1.9% | +8.9% | +19.6% | +5.5% |
| Total current assets | $4.9B | $4.6B | $4.7B | $5.6B | $6.1B | $4.2B | $4.7B | $4.3B |
| YoY | — | — | — | — | +23.8% | -9.5% | -0.5% | -22.4% |
| Total assets | $56.2B | $55.2B | $56.3B | $59.6B | $60.6B | $59.5B | $60.0B | $59.9B |
| YoY | — | — | — | — | +7.9% | +7.9% | +6.6% | +0.6% |
| Total current liabilities | $6.3B | $3.9B | $4.0B | $4.3B | $6.1B | $4.4B | $4.1B | $4.0B |
| YoY | — | — | — | — | -3.6% | +13.0% | +3.4% | -6.5% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $-5.2B | $-3.8B | $-3.5B | $-2.8B | $-2.2B | $-1.8B | $-1.3B | $-1.0B |
| YoY | — | — | — | — | +58.2% | +52.8% | +62.8% | +62.9% |
| 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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.7B | $2.6B | $2.4B | $2.0B | $3.4B | $2.7B | $2.4B | $2.8B |
| YoY | — | — | — | — | +25.2% | +2.5% | -0.7% | +40.6% |
| Capital expenditures | $794.0M | $807.0M | $551.0M | $744.0M | $1.0B | $1.1B | $682.0M | $834.0M |
| YoY | — | — | — | — | +27.3% | +31.2% | +23.8% | +12.1% |
| Free cash flow | $1.9B | $1.8B | $1.9B | $1.3B | $2.4B | $1.6B | $1.7B | $2.0B |
| YoY | — | — | — | — | +24.4% | -10.2% | -7.8% | +57.6% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $469.0M | $503.0M | $477.0M | $505.0M | $501.0M | $573.0M | $396.0M | $855.0M |
| YoY | — | — | — | — | +6.8% | +13.9% | -17.0% | +69.3% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 46.4% | 44.9% | 44.5% | 47.2% | 47.4% | 45.0% | 45.3% | 47.0% |
| Net margin | 32.8% | 31.6% | 31.4% | 32.9% | 32.2% | 30.9% | 30.4% | 33.3% |
| Free cash flow margin | 28.3% | 28.6% | 31.5% | 18.3% | 34.1% | 23.4% | 26.5% | 27.8% |
| Effective tax rate | — | — | — | — | — | — | — | — |
| Current ratio | 0.78x | 1.19x | 1.18x | 1.30x | 1.00x | 0.95x | 1.14x | 1.08x |
| 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.