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.
| Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.5B | $23.3B | $17.9B | $22.7B | $23.9B | $19.4B | $24.2B | $25.3B |
| YoY | — | — | — | +1.0% | +2.7% | +8.5% | +6.4% | +5.6% |
| Cost of goods sold | $9.9B | $10.4B | $7.9B | $10.3B | $11.1B | $8.7B | $11.1B | $11.5B |
| YoY | — | — | — | +3.9% | +6.9% | +9.9% | +7.4% | +3.7% |
| Gross profit | $12.6B | $12.9B | $10.0B | $12.4B | $12.8B | $10.7B | $13.1B | $13.8B |
| YoY | — | — | — | -1.3% | -0.8% | +7.4% | +5.5% | +7.3% |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $8.5B | $9.0B | $7.4B | $8.8B | $9.1B | $7.5B | $9.1B | $9.5B |
| YoY | — | — | — | +2.8% | +1.1% | +1.5% | +3.6% | +4.1% |
| Operating income | $4.0B | $3.9B | $2.6B | $1.8B | $3.6B | $3.2B | $4.0B | $4.3B |
| YoY | — | — | — | -55.8% | -7.8% | +24.4% | +124.9% | +19.4% |
| Pretax income | $3.9B | $3.7B | $2.3B | $1.6B | $3.3B | $3.0B | $3.9B | $3.9B |
| YoY | — | — | — | -59.4% | -9.8% | +26.8% | +145.2% | +17.2% |
| Income tax | $776.0M | $749.0M | $499.0M | $292.0M | $713.0M | $632.0M | $848.0M | $834.0M |
| YoY | — | — | — | -62.4% | -4.8% | +26.7% | +190.4% | +17.0% |
| Net income | $3.1B | $2.9B | $1.8B | $1.3B | $2.6B | $2.3B | $3.0B | $3.0B |
| YoY | — | — | — | -59.0% | -11.2% | +26.9% | +136.0% | +17.1% |
| EPS — basic | $2.24 | $2.13 | $1.34 | $0.92 | $1.90 | $1.70 | $2.18 | $2.23 |
| YoY | — | — | — | -58.9% | -10.8% | +26.9% | +137.0% | +17.4% |
| EPS — diluted | $2.23 | $2.13 | $1.33 | $0.92 | $1.90 | $1.70 | $2.18 | $2.23 |
| YoY | — | — | — | -58.7% | -10.8% | +27.8% | +137.0% | +17.4% |
| Weighted shares — basic | 1.38B | 1.37B | 1.37B | 1.37B | 1.37B | 1.37B | 1.37B | 1.36B |
| Weighted shares — diluted | 1.38B | 1.38B | 1.38B | 1.37B | 1.37B | 1.37B | 1.37B | 1.37B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $6.4B | $7.3B | $8.3B | $7.6B | $8.1B | $10.5B | $10.3B | $10.7B |
| YoY | — | — | — | +20.1% | +11.2% | +26.7% | +34.3% | +31.4% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Inventory | $5.9B | $5.6B | $5.7B | $6.5B | $6.1B | $6.2B | $6.7B | $6.4B |
| YoY | — | — | — | +10.2% | +8.0% | +9.7% | +3.8% | +5.6% |
| Total current assets | $25.7B | $26.9B | $26.3B | $28.2B | $28.7B | $30.9B | $32.8B | $32.6B |
| YoY | — | — | — | +9.8% | +7.0% | +17.6% | +16.2% | +13.4% |
| Total assets | $99.5B | $100.5B | $101.7B | $105.3B | $106.6B | $110.6B | $112.2B | $112.0B |
| YoY | — | — | — | +5.8% | +6.0% | +8.8% | +6.5% | +5.1% |
| Total current liabilities | $31.1B | $30.3B | $31.5B | $36.4B | $31.5B | $34.5B | $35.1B | $34.5B |
| YoY | — | — | — | +16.8% | +3.9% | +9.4% | -3.5% | +9.6% |
| Total liabilities | $80.0B | $80.9B | $83.2B | $86.8B | $87.0B | $89.1B | $89.9B | $89.5B |
| YoY | — | — | — | +8.5% | +7.5% | +7.1% | +3.6% | +2.8% |
| Total equity | $19.4B | $19.5B | $18.4B | $18.4B | $19.4B | $21.4B | $22.1B | $22.3B |
| YoY | — | — | — | -5.3% | -0.3% | +16.3% | +20.0% | +15.0% |
| Shares outstanding | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.4B | $4.9B | $-973.0M | $2.0B | $4.5B | $41.0M | $2.3B | $5.6B |
| YoY | — | — | — | -16.4% | -8.8% | +104.2% | +18.0% | +24.9% |
| Capital expenditures | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Dividends paid | $1.7B | $1.9B | $1.9B | $1.9B | $1.9B | $2.0B | $1.9B | $2.0B |
| YoY | — | — | — | +7.0% | +4.6% | +4.5% | +4.7% | +3.7% |
| Share repurchases | $315.0M | $299.0M | $183.0M | $311.0M | $258.0M | $182.0M | $297.0M | $260.0M |
| YoY | — | — | — | -1.3% | -13.7% | -0.5% | -4.5% | +0.8% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 55.9% | 55.4% | 55.8% | 54.7% | 53.6% | 55.2% | 54.2% | 54.4% |
| Operating margin | 18.0% | 16.6% | 14.4% | 7.9% | 14.9% | 16.5% | 16.6% | 16.9% |
| Net margin | 13.7% | 12.6% | 10.2% | 5.6% | 10.9% | 12.0% | 12.3% | 12.1% |
| Free cash flow margin | — | — | — | — | — | — | — | — |
| Effective tax rate | 20.1% | 20.3% | 21.3% | 18.6% | 21.4% | 21.3% | 22.0% | 21.4% |
| Current ratio | 0.83x | 0.89x | 0.83x | 0.78x | 0.91x | 0.90x | 0.93x | 0.94x |
| Total liabilities / equity | 4.11x | 4.16x | 4.52x | 4.71x | 4.49x | 4.17x | 4.07x | 4.01x |
Peer comparison — latest full year
Same sector (Consumer Staples), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| PEP FY25 · this stock | $93.9B | +2.3% | 54.1% | 12.2% | 8.8% | — |
| WMT FY26 | $713.2B | +4.7% | — | 4.2% | 3.1% | 2.1% |
| COST FY26 | $303.2B | +10.1% | — | 3.9% | 3.0% | 3.1% |
| KR FY26 | $147.6B | +0.4% | — | 1.3% | 0.7% | — |
| PG FY26 | $87.0B | +3.3% | — | 22.7% | 18.4% | 17.4% |
| SYY FY26 | $84.6B | +3.9% | 18.5% | 3.7% | 2.1% | — |
| ADM FY25 | $80.3B | -6.2% | 6.3% | — | 1.3% | 5.2% |
| TSN FY25 | $54.4B | +2.1% | 6.5% | 2.0% | 0.9% | 2.2% |
| KO FY25 | $47.9B | +1.9% | 61.6% | 28.7% | 27.3% | 11.0% |
| PM FY25 | $40.6B | +7.3% | 67.1% | 36.6% | 27.9% | 26.2% |
| MDLZ FY25 | $38.5B | +5.8% | 28.4% | 9.2% | 6.4% | 8.4% |
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.