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 | $46.7B | $51.2B | $51.4B | $46.3B | $46.4B |
| YoY | — | +9.6% | +0.3% | -9.8% | +0.2% |
| Cost of goods sold | $25.2B | $28.9B | $28.5B | $26.5B | $26.5B |
| YoY | — | +14.6% | -1.6% | -6.9% | -0.1% |
| Gross profit | $21.5B | $22.3B | $22.9B | $19.8B | $19.9B |
| YoY | — | +3.8% | +2.7% | -13.5% | +0.6% |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $14.8B | $16.4B | $16.6B | $16.1B | $16.1B |
| YoY | — | +10.6% | +1.2% | -2.9% | +0.2% |
| Operating income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Pretax income | $6.7B | $6.2B | $6.7B | $3.9B | $3.9B |
| YoY | — | -6.8% | +8.0% | -42.0% | +0.4% |
| Income tax | $605.0M | $1.1B | $1.0B | $666.0M | $792.0M |
| YoY | — | +86.9% | -11.6% | -33.4% | +18.9% |
| Net income | $6.0B | $5.1B | $5.7B | $3.2B | $3.1B |
| YoY | — | -16.1% | +12.4% | -43.5% | -3.4% |
| EPS — basic | $3.83 | $3.27 | $3.76 | $2.17 | $2.10 |
| YoY | — | -14.6% | +15.0% | -42.3% | -3.2% |
| EPS — diluted | $3.75 | $3.23 | $3.73 | $2.16 | $2.10 |
| YoY | — | -13.9% | +15.5% | -42.1% | -2.8% |
| Weighted shares — basic | 1.58B | 1.55B | 1.52B | 1.48B | 1.48B |
| Weighted shares — diluted | 1.61B | 1.57B | 1.53B | 1.49B | 1.48B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | $8.6B | $7.4B | $9.9B | $7.5B | $7.6B |
| YoY | — | -13.2% | +32.5% | -24.3% | +1.3% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $4.7B | $4.1B | $4.4B | $4.7B | $5.9B |
| YoY | — | -11.5% | +7.2% | +6.6% | +25.7% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $28.2B | $25.2B | $25.4B | $23.4B | $24.6B |
| YoY | — | -10.7% | +0.7% | -8.0% | +5.3% |
| Total assets | $40.3B | $37.5B | $38.1B | $36.6B | $38.4B |
| YoY | — | -6.9% | +1.5% | -4.0% | +5.0% |
| Total current liabilities | $10.7B | $9.3B | $10.6B | $10.6B | $12.5B |
| YoY | — | -13.7% | +14.4% | -0.3% | +18.7% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $15.3B | $14.0B | $14.4B | $13.2B | $14.9B |
| YoY | — | -8.4% | +3.0% | -8.4% | +12.5% |
| 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.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Operating cash flow | $5.2B | $5.8B | $7.4B | $3.7B | $2.9B |
| YoY | — | +12.6% | +27.2% | -50.2% | -22.4% |
| Capital expenditures | $758.0M | $969.0M | $812.0M | $430.0M | $684.0M |
| YoY | — | +27.8% | -16.2% | -47.0% | +59.1% |
| Free cash flow | $4.4B | $4.9B | $6.6B | $3.3B | $2.2B |
| YoY | — | +10.0% | +35.8% | -50.6% | -33.2% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $4.0B | $5.5B | $4.2B | $3.0B | $146.0M |
| YoY | — | +36.5% | -22.4% | -29.8% | -95.1% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Gross margin | 46.0% | 43.5% | 44.6% | 42.7% | 42.9% |
| Operating margin | — | — | — | — | — |
| Net margin | 12.9% | 9.9% | 11.1% | 7.0% | 6.7% |
| Free cash flow margin | 9.5% | 9.5% | 12.9% | 7.1% | 4.7% |
| Effective tax rate | 9.1% | 18.2% | 14.9% | 17.1% | 20.3% |
| Current ratio | 2.63x | 2.72x | 2.40x | 2.21x | 1.96x |
| 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 |
|---|---|---|---|---|---|---|
| NKE FY26 · this stock | $46.4B | +0.2% | 42.9% | — | 6.7% | 4.7% |
| 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% |
| 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.