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 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.1B | $39.3B | $44.1B | $46.7B | $57.0B | $68.1B | $81.6B | $96.2B |
| YoY | — | — | — | — | +62.5% | +73.2% | +85.2% | +105.9% |
| Cost of goods sold | $8.9B | $10.6B | $17.4B | $12.9B | $15.2B | $17.0B | $20.5B | $24.1B |
| YoY | — | — | — | — | +69.8% | +60.6% | +17.6% | +86.8% |
| Gross profit | $26.2B | $28.7B | $26.7B | $33.9B | $41.8B | $51.1B | $61.2B | $72.1B |
| YoY | — | — | — | — | +60.0% | +77.9% | +129.3% | +113.1% |
| Research & development | $3.4B | $3.7B | $4.0B | $4.3B | $4.7B | $5.5B | $6.3B | $7.1B |
| YoY | — | — | — | — | +38.8% | +48.4% | +58.5% | +64.4% |
| Selling, general & administrative | $897.0M | $975.0M | $1.0B | $1.1B | $1.1B | $1.3B | $1.3B | $1.4B |
| YoY | — | — | — | — | +26.4% | +31.5% | +24.9% | +20.7% |
| Operating income | $21.9B | $24.0B | $21.6B | $28.4B | $36.0B | $44.3B | $53.5B | $63.7B |
| YoY | — | — | — | — | +64.7% | +84.3% | +147.4% | +124.1% |
| Pretax income | $22.3B | $25.2B | $21.9B | $31.2B | $37.9B | $50.4B | $69.9B | $71.5B |
| YoY | — | — | — | — | +70.0% | +99.9% | +219.0% | +129.1% |
| Income tax | $3.0B | $3.1B | $3.1B | $4.8B | $6.0B | $7.4B | $11.6B | $11.8B |
| YoY | — | — | — | — | +100.4% | +137.9% | +269.4% | +147.1% |
| Net income | $19.3B | $22.1B | $18.8B | $26.4B | $31.9B | $43.0B | $58.3B | $59.7B |
| YoY | — | — | — | — | +65.3% | +94.5% | +210.6% | +125.9% |
| EPS — basic | $0.79 | — | $0.77 | $1.08 | $1.31 | — | $2.40 | $2.47 |
| YoY | — | — | — | — | +65.8% | — | +211.7% | +128.7% |
| EPS — diluted | $0.78 | — | $0.76 | $1.08 | $1.30 | — | $2.39 | $2.46 |
| YoY | — | — | — | — | +66.7% | — | +214.5% | +127.8% |
| Weighted shares — basic | 24.53B | — | 24.44B | 24.37B | 24.33B | — | 24.29B | 24.19B |
| Weighted shares — diluted | 24.77B | — | 24.61B | 24.53B | 24.48B | — | 24.39B | 24.29B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $9.1B | $8.6B | $15.2B | $11.6B | $11.5B | $10.6B | $13.2B | $22.4B |
| YoY | — | — | — | — | +26.1% | +23.5% | -13.1% | +92.8% |
| Marketable securities (current) | $29.4B | $34.6B | $38.5B | $45.2B | $49.1B | — | — | — |
| YoY | — | — | — | — | +67.2% | — | — | — |
| Accounts receivable | $17.7B | $23.1B | $22.1B | $27.8B | $33.4B | $38.5B | $40.7B | $63.1B |
| YoY | — | — | — | — | +88.7% | +66.8% | +83.9% | +126.8% |
| Inventory | $7.7B | $10.1B | $11.3B | $15.0B | $19.8B | $21.4B | $25.8B | $31.6B |
| YoY | — | — | — | — | +158.5% | +112.3% | +127.6% | +111.0% |
| Total current assets | $67.6B | $80.1B | $89.9B | $102.2B | $116.5B | $125.6B | $151.0B | $197.4B |
| YoY | — | — | — | — | +72.2% | +56.8% | +67.9% | +93.1% |
| Total assets | $96.0B | $111.6B | $125.3B | $140.7B | $161.1B | $206.8B | $259.5B | $320.3B |
| YoY | — | — | — | — | +67.8% | +85.3% | +107.2% | +127.6% |
| Total current liabilities | $16.5B | $18.0B | $26.5B | $24.3B | $26.1B | $32.2B | $43.9B | $43.0B |
| YoY | — | — | — | — | +58.2% | +78.2% | +65.3% | +77.3% |
| Total liabilities | $30.1B | $32.3B | $41.4B | $40.6B | $42.3B | $49.5B | $64.0B | $91.3B |
| YoY | — | — | — | — | +40.3% | +53.4% | +54.5% | +124.8% |
| Total equity | $65.9B | $79.3B | $83.8B | $100.1B | $118.9B | $157.3B | $195.5B | $229.0B |
| YoY | — | — | — | — | +80.4% | +98.3% | +133.1% | +128.7% |
| Shares outstanding | — | 24.48B | — | — | — | 24.30B | — | — |
| YoY | — | — | — | — | — | -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.
| Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $17.6B | $16.6B | $27.4B | $15.4B | $23.8B | $36.2B | $50.3B | $24.1B |
| YoY | — | — | — | — | +34.7% | +117.6% | +83.6% | +56.7% |
| Capital expenditures | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Dividends paid | $245.0M | $245.0M | $244.0M | $244.0M | $244.0M | $242.0M | $243.0M | $6.0B |
| YoY | — | — | — | — | -0.4% | -1.2% | -0.4% | +2378.3% |
| Share repurchases | $11.0B | $7.8B | $14.1B | $9.7B | $12.5B | $3.8B | $19.3B | $19.7B |
| YoY | — | — | — | — | +13.3% | -51.2% | +37.0% | +103.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 74.6% | 73.0% | 60.5% | 72.4% | 73.4% | 75.0% | 74.9% | 75.0% |
| Operating margin | 62.3% | 61.1% | 49.1% | 60.8% | 63.2% | 65.0% | 65.6% | 66.2% |
| Net margin | 55.0% | 56.2% | 42.6% | 56.5% | 56.0% | 63.1% | 71.5% | 62.0% |
| Free cash flow margin | — | — | — | — | — | — | — | — |
| Effective tax rate | 13.5% | 12.4% | 14.3% | 15.3% | 15.9% | 14.8% | 16.6% | 16.5% |
| Current ratio | 4.10x | 4.44x | 3.39x | 4.21x | 4.47x | 3.91x | 3.44x | 4.59x |
| Total liabilities / equity | 0.46x | 0.41x | 0.49x | 0.41x | 0.36x | 0.31x | 0.33x | 0.40x |
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.