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 | $42.4B | $50.0B | $53.0B | $57.4B | $67.4B |
| YoY | — | +17.7% | +6.0% | +8.4% | +17.3% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | $7.2B | $8.6B | $8.9B | $9.9B | $10.3B |
| YoY | — | +19.4% | +3.4% | +10.6% | +4.2% |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $10.9B | $13.1B | $15.4B | $17.7B | $20.6B |
| YoY | — | +19.8% | +17.3% | +15.1% | +16.6% |
| Pretax income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Income tax | $932.0M | $623.0M | $1.3B | $1.7B | $2.5B |
| YoY | — | -33.2% | +104.5% | +34.8% | +43.7% |
| Net income | $6.7B | $8.5B | $10.5B | $12.4B | $17.1B |
| YoY | — | +26.6% | +23.1% | +18.9% | +37.3% |
| EPS — basic | $2.49 | $3.15 | $3.82 | $4.46 | $5.94 |
| YoY | — | +26.5% | +21.3% | +16.8% | +33.2% |
| EPS — diluted | $2.41 | $3.07 | $3.71 | $4.34 | $5.83 |
| YoY | — | +27.4% | +20.8% | +17.0% | +34.3% |
| Weighted shares — basic | 2.70B | 2.70B | 2.74B | 2.79B | 2.86B |
| Weighted shares — diluted | 2.79B | 2.77B | 2.82B | 2.87B | 2.91B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | $21.4B | $9.8B | $10.5B | $10.8B | $31.3B |
| YoY | — | -54.3% | +7.1% | +3.2% | +190.1% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $6.0B | $6.9B | $7.9B | $8.6B | $10.4B |
| YoY | — | +16.2% | +13.9% | +8.7% | +21.3% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $31.6B | $21.0B | $22.6B | $24.6B | $46.6B |
| YoY | — | -33.6% | +7.4% | +9.0% | +89.5% |
| Total assets | $109.3B | $134.4B | $141.0B | $168.4B | $261.8B |
| YoY | — | +23.0% | +4.9% | +19.4% | +55.5% |
| Total current liabilities | $19.5B | $23.1B | $31.5B | $32.6B | $41.8B |
| YoY | — | +18.3% | +36.6% | +3.5% | +27.9% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $-6.2B | $1.1B | $8.7B | $20.5B | $42.5B |
| YoY | — | +117.3% | +711.2% | +135.0% | +107.9% |
| Shares outstanding | 2.67B | 2.71B | 2.75B | 2.81B | 2.88B |
| YoY | — | +1.8% | +1.5% | +1.9% | +2.6% |
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 | $9.5B | $17.2B | $18.7B | $20.8B | $32.0B |
| YoY | — | +79.9% | +8.8% | +11.5% | +53.6% |
| Capital expenditures | $4.5B | $8.7B | $6.9B | $21.2B | $55.7B |
| YoY | — | +92.8% | -21.0% | +209.0% | +162.4% |
| Free cash flow | $5.0B | $8.5B | $11.8B | $-394.0M | $-23.7B |
| YoY | — | +68.5% | +39.4% | -103.3% | -5911.7% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $16.2B | $1.3B | $1.2B | $600.0M | $95.0M |
| YoY | — | -92.0% | -7.5% | -50.1% | -84.2% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 25.7% | 26.2% | 29.0% | 30.8% | 30.6% |
| Net margin | 15.8% | 17.0% | 19.8% | 21.7% | 25.4% |
| Free cash flow margin | 11.8% | 17.0% | 22.3% | -0.7% | -35.2% |
| Effective tax rate | — | — | — | — | — |
| Current ratio | 1.62x | 0.91x | 0.72x | 0.75x | 1.12x |
| Total liabilities / equity | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| ORCL FY26 · this stock | $67.4B | +17.3% | — | 30.6% | 25.4% | -35.2% |
| 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% |
| NVDA FY26 | $215.9B | +65.5% | 71.1% | 60.4% | 55.6% | — |
| 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% |
| 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.