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 | $26.9B | $27.0B | $60.9B | $130.5B | $215.9B |
| YoY | — | +0.2% | +125.9% | +114.2% | +65.5% |
| Cost of goods sold | $9.4B | $11.6B | $16.6B | $32.6B | $62.5B |
| YoY | — | +23.1% | +43.1% | +96.4% | +91.4% |
| Gross profit | $17.5B | $15.4B | $44.3B | $97.9B | $153.5B |
| YoY | — | -12.1% | +188.5% | +120.9% | +56.8% |
| Research & development | $5.3B | $7.3B | $8.7B | $12.9B | $18.5B |
| YoY | — | +39.3% | +18.2% | +48.9% | +43.2% |
| Selling, general & administrative | $2.2B | $2.4B | $2.7B | $3.5B | $4.6B |
| YoY | — | +12.7% | +8.8% | +31.5% | +31.2% |
| Operating income | $10.0B | $4.2B | $33.0B | $81.5B | $130.4B |
| YoY | — | -57.9% | +680.6% | +147.0% | +60.1% |
| Pretax income | $9.9B | $4.2B | $33.8B | $84.0B | $141.4B |
| YoY | — | -57.9% | +708.8% | +148.5% | +68.3% |
| Income tax | $189.0M | $-187.0M | $4.1B | $11.1B | $21.4B |
| YoY | — | -198.9% | +2270.1% | +174.7% | +91.8% |
| Net income | $9.8B | $4.4B | $29.8B | $72.9B | $120.1B |
| YoY | — | -55.2% | +581.3% | +144.9% | +64.7% |
| EPS — basic | $3.91 | $0.18 | $1.21 | $2.97 | $4.93 |
| YoY | — | -95.4% | +572.2% | +145.5% | +66.0% |
| EPS — diluted | $3.85 | $0.17 | $1.19 | $2.94 | $4.90 |
| YoY | — | -95.6% | +600.0% | +147.1% | +66.7% |
| Weighted shares — basic | 2.50B | 24.87B | 24.69B | 24.55B | 24.36B |
| Weighted shares — diluted | 2.54B | 25.07B | 24.94B | 24.80B | 24.51B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | $2.0B | $3.4B | $7.3B | $8.6B | $10.6B |
| YoY | — | +70.3% | +114.8% | +18.0% | +23.5% |
| Marketable securities (current) | $19.2B | $9.9B | $18.7B | $34.6B | — |
| YoY | — | -48.4% | +88.8% | +85.1% | — |
| Accounts receivable | $4.7B | $3.8B | $10.0B | $23.1B | $38.5B |
| YoY | — | -17.7% | +161.3% | +130.7% | +66.8% |
| Inventory | $2.6B | $5.2B | $5.3B | $10.1B | $21.4B |
| YoY | — | +98.0% | +2.4% | +90.8% | +112.3% |
| Total current assets | $28.8B | $23.1B | $44.3B | $80.1B | $125.6B |
| YoY | — | -20.0% | +92.2% | +80.7% | +56.8% |
| Total assets | $44.2B | $41.2B | $65.7B | $111.6B | $206.8B |
| YoY | — | -6.8% | +59.6% | +69.8% | +85.3% |
| Total current liabilities | $4.3B | $6.6B | $10.6B | $18.0B | $32.2B |
| YoY | — | +51.4% | +62.0% | +69.8% | +78.2% |
| Total liabilities | $17.6B | $19.1B | $22.8B | $32.3B | $49.5B |
| YoY | — | +8.6% | +19.2% | +41.9% | +53.4% |
| Total equity | $26.6B | $22.1B | $43.0B | $79.3B | $157.3B |
| YoY | — | -17.0% | +94.5% | +84.6% | +98.3% |
| Shares outstanding | 2.51B | 2.47B | 24.64B | 24.48B | 24.30B |
| YoY | — | -1.6% | +899.3% | -0.7% | -0.7% |
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 | $9.1B | $5.6B | $28.1B | $64.1B | $102.7B |
| YoY | — | -38.1% | +398.0% | +128.2% | +60.3% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | $399.0M | $398.0M | $395.0M | $834.0M | $974.0M |
| YoY | — | -0.3% | -0.8% | +111.1% | +16.8% |
| Share repurchases | $0 | $10.0B | $9.5B | $33.7B | $40.1B |
| YoY | — | — | -5.0% | +253.6% | +18.9% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Gross margin | 64.9% | 56.9% | 72.7% | 75.0% | 71.1% |
| Operating margin | 37.3% | 15.7% | 54.1% | 62.4% | 60.4% |
| Net margin | 36.2% | 16.2% | 48.8% | 55.8% | 55.6% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 1.9% | -4.5% | 12.0% | 13.3% | 15.1% |
| Current ratio | 6.65x | 3.52x | 4.17x | 4.44x | 3.91x |
| Total liabilities / equity | 0.66x | 0.86x | 0.53x | 0.41x | 0.31x |
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 |
|---|---|---|---|---|---|---|
| NVDA FY26 · this stock | $215.9B | +65.5% | 71.1% | 60.4% | 55.6% | — |
| 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% |
| 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% | — |
| CRM FY26 | $41.5B | +9.6% | 77.7% | 20.1% | 18.0% | 34.7% |
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.