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 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.4B | $4.1B | $4.1B | $4.5B | $4.7B | $4.4B | $4.6B | $4.9B |
| YoY | — | — | — | — | +7.8% | +7.8% | +10.2% | +8.1% |
| Cost of goods sold | $2.1B | $2.0B | $2.0B | $2.2B | $2.3B | $2.1B | $2.2B | $2.4B |
| YoY | — | — | — | — | +7.2% | +6.7% | +9.8% | +8.0% |
| Gross profit | $2.3B | $2.1B | $2.1B | $2.3B | $2.4B | $2.3B | $2.3B | $2.5B |
| YoY | — | — | — | — | +8.4% | +8.8% | +10.6% | +8.2% |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $1.4B | $1.4B | $1.4B | $1.4B | $1.5B | $1.5B | $1.5B | $1.5B |
| YoY | — | — | — | — | +8.1% | +7.0% | +9.1% | +8.4% |
| Operating income | $896.7M | $738.6M | $741.5M | $914.5M | $976.1M | $828.6M | $841.6M | $985.7M |
| YoY | — | — | — | — | +8.9% | +12.2% | +13.5% | +7.8% |
| Pretax income | $847.9M | $685.2M | $684.4M | $861.5M | $923.6M | $770.7M | $780.1M | $924.1M |
| YoY | — | — | — | — | +8.9% | +12.5% | +14.0% | +7.3% |
| Income tax | $182.5M | $134.1M | $145.9M | $192.9M | $197.8M | $165.5M | $175.9M | $209.0M |
| YoY | — | — | — | — | +8.4% | +23.4% | +20.6% | +8.3% |
| Net income | $665.5M | $551.1M | $538.5M | $668.6M | $725.9M | $605.2M | $604.2M | $715.1M |
| YoY | — | — | — | — | +9.1% | +9.8% | +12.2% | +7.0% |
| EPS — basic | $0.76 | — | $0.63 | $0.78 | $0.86 | — | $0.72 | $0.87 |
| YoY | — | — | — | — | +13.2% | — | +14.3% | +11.5% |
| EPS — diluted | $0.76 | — | $0.62 | $0.78 | $0.85 | — | $0.72 | $0.86 |
| YoY | — | — | — | — | +11.8% | — | +16.1% | +10.3% |
| Weighted shares — basic | 870.0M | — | 859.6M | 854.0M | 848.3M | — | 838.6M | 825.2M |
| Weighted shares — diluted | 875.0M | — | 864.3M | 858.4M | 852.7M | — | 842.5M | 828.9M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $115.6M | $130.2M | $191.2M | $198.6M | $204.5M | $193.8M | $252.6M | $262.2M |
| YoY | — | — | — | — | +76.9% | +48.8% | +32.1% | +32.0% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $401.9M | $356.8M | $392.2M | $428.8M | $422.8M | $389.8M | $431.2M | $457.8M |
| YoY | — | — | — | — | +5.2% | +9.2% | +9.9% | +6.8% |
| Inventory | $4.9B | $5.1B | $5.2B | $5.4B | $5.6B | $5.7B | $5.8B | $6.0B |
| YoY | — | — | — | — | +14.2% | +12.5% | +12.3% | +10.6% |
| Total current assets | $5.7B | $5.8B | $6.0B | $6.3B | $6.6B | $6.7B | $7.0B | $7.2B |
| YoY | — | — | — | — | +15.8% | +15.5% | +15.6% | +14.0% |
| Total assets | $14.6B | $14.9B | $15.3B | $15.8B | $16.3B | $16.5B | $16.9B | $17.4B |
| YoY | — | — | — | — | +11.7% | +11.0% | +10.7% | +9.9% |
| Total current liabilities | $8.2B | $8.3B | $8.5B | $8.7B | $8.7B | $8.8B | $9.2B | $9.6B |
| YoY | — | — | — | — | +6.4% | +5.9% | +8.4% | +9.8% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $-1.4B | $-1.4B | $-1.4B | $-1.2B | $-894.7M | $-763.4M | $-1.1B | $-1.8B |
| YoY | — | — | — | — | +37.8% | +44.3% | +21.4% | -49.0% |
| Shares outstanding | 57.8M | 862.2M | 57.1M | 850.6M | 846.8M | 841.9M | 832.3M | 816.2M |
| YoY | — | — | — | — | +1365.1% | -2.4% | +1357.6% | -4.0% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $772.0M | $624.5M | $755.1M | $756.8M | $616.5M | $633.5M | $1.0B | $1.0B |
| YoY | — | — | — | — | -20.1% | +1.4% | +36.8% | +33.0% |
| Capital expenditures | $258.3M | $290.5M | $287.0M | $300.7M | $312.1M | $269.0M | $244.4M | $307.6M |
| YoY | — | — | — | — | +20.8% | -7.4% | -14.8% | +2.3% |
| Free cash flow | $513.7M | $334.0M | $468.1M | $456.1M | $304.4M | $364.5M | $788.5M | $698.9M |
| YoY | — | — | — | — | -40.7% | +9.1% | +68.4% | +53.2% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $540.7M | $472.0M | $559.4M | $617.2M | $420.0M | $500.3M | $922.9M | $1.5B |
| YoY | — | — | — | — | -22.3% | +6.0% | +65.0% | +144.7% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 51.6% | 51.3% | 51.3% | 51.4% | 51.8% | 51.8% | 51.5% | 51.4% |
| Operating margin | 20.5% | 18.0% | 17.9% | 20.2% | 20.7% | 18.8% | 18.5% | 20.1% |
| Net margin | 15.2% | 13.5% | 13.0% | 14.8% | 15.4% | 13.7% | 13.2% | 14.6% |
| Free cash flow margin | 11.8% | 8.2% | 11.3% | 10.1% | 6.5% | 8.3% | 17.3% | 14.3% |
| Effective tax rate | 21.5% | 19.6% | 21.3% | 22.4% | 21.4% | 21.5% | 22.5% | 22.6% |
| Current ratio | 0.70x | 0.71x | 0.71x | 0.72x | 0.76x | 0.77x | 0.76x | 0.75x |
| 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 |
|---|---|---|---|---|---|---|
| ORLY FY25 · this stock | $17.8B | +6.4% | 51.6% | 19.5% | 14.3% | 9.0% |
| 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% |
| NKE FY26 | $46.4B | +0.2% | 42.9% | — | 6.7% | 4.7% |
| 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% | — |
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.