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.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.3B | $3.7B | $4.0B | $4.0B | $5.5B | $6.2B | $6.6B | $6.4B |
| YoY | — | — | — | — | +27.9% | +69.2% | +63.4% | +59.1% |
| Cost of goods sold | $3.5B | $3.1B | $3.3B | $3.3B | $6.1B | $5.2B | $5.3B | $5.1B |
| YoY | — | — | — | — | +76.5% | +70.1% | +57.3% | +54.2% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $112.3M | $117.9M | $170.4M | $163.5M | $293.9M | $224.5M | $209.0M | $200.9M |
| YoY | — | — | — | — | +161.7% | +90.4% | +22.7% | +22.9% |
| Operating income | $685.3M | $452.6M | $439.2M | $530.1M | $-977.2M | $646.2M | $922.5M | $991.7M |
| YoY | — | — | — | — | -242.6% | +42.8% | +110.0% | +87.1% |
| Pretax income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Income tax | $170.6M | $120.7M | $120.5M | $132.3M | $-131.3M | $154.6M | $224.8M | $215.4M |
| YoY | — | — | — | — | -177.0% | +28.1% | +86.6% | +62.8% |
| Net income | $448.0M | $287.7M | $257.6M | $341.3M | $-941.1M | $405.2M | $584.8M | $656.0M |
| YoY | — | — | — | — | -310.1% | +40.8% | +127.0% | +92.2% |
| EPS — basic | — | $1.46 | $1.32 | $1.76 | — | $1.36 | $2.09 | $2.39 |
| YoY | — | — | — | — | — | -6.8% | +58.3% | +35.8% |
| EPS — diluted | — | $1.45 | $1.31 | $1.75 | — | $1.35 | $2.08 | $2.38 |
| YoY | — | — | — | — | — | -6.9% | +58.8% | +36.0% |
| Weighted shares — basic | — | 196.7M | 194.9M | 193.8M | — | 298.1M | 279.9M | 274.0M |
| Weighted shares — diluted | — | 198.3M | 196.0M | 194.9M | — | 299.2M | 281.0M | 275.4M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $9.2B | $8.2B | $8.7B | $8.6B | $14.4B | $12.6B | $13.5B | $13.2B |
| YoY | — | — | — | — | +55.8% | +52.7% | +55.5% | +54.0% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $16.2B | $14.6B | $15.0B | $15.2B | $27.5B | $23.2B | $23.2B | $23.3B |
| YoY | — | — | — | — | +69.3% | +58.4% | +54.3% | +53.7% |
| Total assets | $29.6B | $28.1B | $28.8B | $28.8B | $54.4B | $50.0B | $49.9B | $49.7B |
| YoY | — | — | — | — | +83.7% | +77.7% | +73.3% | +72.3% |
| Total current liabilities | $16.3B | $14.5B | $16.3B | $16.4B | $29.5B | $25.4B | $25.1B | $25.5B |
| YoY | — | — | — | — | +81.2% | +74.7% | +54.1% | +55.2% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $4.2B | $4.4B | $4.5B | $4.6B | $12.0B | $9.4B | $9.7B | $10.0B |
| YoY | — | — | — | — | +187.2% | +115.8% | +115.3% | +115.7% |
| Shares outstanding | 196.4M | — | — | — | 313.1M | — | — | — |
| YoY | — | — | — | — | +59.4% | — | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.9B | $-786.8M | $210.1M | $477.5M | $3.0B | $-553.2M | $-379.2M | $970.2M |
| YoY | — | — | — | — | +57.8% | +29.7% | -280.5% | +103.2% |
| Capital expenditures | $47.0M | $29.5M | $42.1M | $39.1M | $39.1M | $61.2M | $53.9M | $57.7M |
| YoY | — | — | — | — | -16.8% | +107.5% | +28.0% | +47.6% |
| Free cash flow | $1.9B | $-816.3M | $168.0M | $438.4M | $3.0B | $-614.4M | $-433.1M | $912.5M |
| YoY | — | — | — | — | +59.7% | +24.7% | -357.8% | +108.1% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $8.3M | $81.0M | $142.0M | $89.1M | $395.8M | $2.8B | $210.6M | $222.1M |
| YoY | — | — | — | — | +4668.7% | +3329.1% | +48.3% | +149.3% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 15.9% | 12.3% | 10.9% | 13.1% | -17.7% | 10.4% | 14.1% | 15.4% |
| Net margin | 10.4% | 7.8% | 6.4% | 8.5% | -17.0% | 6.5% | 8.9% | 10.2% |
| Free cash flow margin | 43.5% | -22.1% | 4.2% | 10.9% | 54.2% | -9.8% | -6.6% | 14.2% |
| Effective tax rate | — | — | — | — | — | — | — | — |
| Current ratio | 1.00x | 1.01x | 0.92x | 0.92x | 0.93x | 0.91x | 0.92x | 0.91x |
| Total liabilities / equity | — | — | — | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Communication Services), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| OMC FY25 · this stock | $17.3B | +10.1% | — | 2.6% | -0.3% | 16.1% |
| GOOGL FY25 | $402.8B | +15.1% | — | 32.0% | 32.8% | 18.2% |
| META FY25 | $201.0B | +22.2% | — | 41.4% | 30.1% | 22.9% |
| VZ FY25 | $138.2B | +2.5% | — | 21.2% | 12.4% | — |
| T FY25 | $125.6B | +2.7% | — | 19.2% | 17.5% | — |
| DIS FY25 | $94.4B | +3.4% | — | 18.6% | 13.1% | — |
| TMUS FY25 | $88.3B | +8.5% | — | 20.7% | 12.4% | 20.4% |
| CHTR FY25 | $54.8B | -0.6% | — | 23.6% | 9.1% | 8.1% |
| NFLX FY25 | $45.2B | +15.9% | — | 29.5% | 24.3% | 20.9% |
| LYV FY25 | $25.2B | +8.8% | — | 5.0% | 2.0% | 1.3% |
| FOXA FY23 | $14.9B | +6.7% | — | — | — | 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.