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 | $898.4M | $1.2B | $855.0M | $998.2M | $1.0B | $1.3B | $1.0B | $1.2B |
| YoY | — | — | — | — | +16.8% | +14.3% | +17.8% | +18.2% |
| Cost of goods sold | $187.5M | $197.0M | $199.3M | $203.0M | $212.3M | $226.9M | $238.6M | $257.4M |
| YoY | — | — | — | — | +13.2% | +15.2% | +19.7% | +26.8% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | $326.7M | $320.8M | $331.7M | $359.6M | $371.3M | $364.9M | $380.8M | $451.0M |
| YoY | — | — | — | — | +13.7% | +13.7% | +14.8% | +25.4% |
| Selling, general & administrative | $390.2M | $374.8M | $359.5M | $439.9M | $407.1M | $426.4M | $421.4M | $512.2M |
| YoY | — | — | — | — | +4.3% | +13.8% | +17.2% | +16.4% |
| Operating income | $-5.9M | $261.6M | $-35.5M | $-4.3M | $58.5M | $301.2M | $-80.3M | $-55.2M |
| YoY | — | — | — | — | +1091.5% | +15.1% | -126.2% | -1183.7% |
| Pretax income | $29.8M | $276.8M | $-3.7M | $34.7M | $87.2M | $327.7M | $-63.5M | $-49.2M |
| YoY | — | — | — | — | +192.6% | +18.4% | -1616.2% | -241.8% |
| Income tax | $-800K | $-1.6B | $-12.6M | $-4.1M | $-4.9M | $50.6M | $10.1M | $-2.5M |
| YoY | — | — | — | — | -512.5% | +103.2% | +180.2% | +39.0% |
| Net income | $30.6M | $1.8B | $8.9M | $38.8M | $92.1M | $277.1M | $-73.6M | $-46.7M |
| YoY | — | — | — | — | +201.0% | -85.0% | -927.0% | -220.4% |
| EPS — basic | $0.05 | — | $0.01 | $0.06 | $0.14 | — | $-0.12 | $-0.08 |
| YoY | — | — | — | — | +180.0% | — | -1300.0% | -233.3% |
| EPS — diluted | $0.04 | — | $0.01 | $0.06 | $0.13 | — | $-0.12 | $-0.08 |
| YoY | — | — | — | — | +225.0% | — | -1300.0% | -233.3% |
| Weighted shares — basic | 678.5M | — | 676.5M | 676.9M | 677.8M | — | 636.6M | 562.9M |
| Weighted shares — diluted | 695.5M | — | 689.4M | 689.8M | 694.5M | — | 636.6M | 562.9M |
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 | $1.0B | $1.1B | $1.3B | $1.2B | $1.1B | $969.3M | $378.1M | $422.5M |
| YoY | — | — | — | — | +9.3% | -14.7% | -69.8% | -65.3% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $680.5M | $893.4M | $710.0M | $760.1M | $800.5M | $997.8M | $830.4M | $932.0M |
| YoY | — | — | — | — | +17.6% | +11.7% | +17.0% | +22.6% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $3.2B | $3.5B | $3.4B | $3.5B | $3.6B | $3.6B | $2.2B | $2.3B |
| YoY | — | — | — | — | +10.3% | +2.0% | -34.1% | -34.0% |
| Total assets | $3.5B | $5.3B | $5.3B | $5.4B | $5.5B | $5.5B | $4.6B | $4.8B |
| YoY | — | — | — | — | +58.0% | +2.8% | -12.1% | -11.9% |
| Total current liabilities | $409.3M | $398.1M | $404.4M | $401.8M | $426.3M | $465.5M | $530.8M | $609.8M |
| YoY | — | — | — | — | +4.2% | +16.9% | +31.3% | +51.8% |
| Total liabilities | $597.3M | $591.5M | $594.2M | $591.0M | $690.4M | $746.9M | $1.8B | $1.9B |
| YoY | — | — | — | — | +15.6% | +26.3% | +202.0% | +215.7% |
| Total equity | $2.9B | $4.8B | $4.7B | $4.8B | $4.8B | $4.7B | $2.9B | $2.9B |
| YoY | — | — | — | — | +66.7% | -0.1% | -39.2% | -39.9% |
| 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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $248.0M | $254.0M | $363.7M | $207.7M | $321.7M | $391.2M | $328.0M | $292.9M |
| YoY | — | — | — | — | +29.7% | +54.0% | -9.8% | +41.0% |
| Capital expenditures | $3.9M | $3.8M | $7.3M | $11.0M | $3.2M | $10.8M | $16.3M | $23.0M |
| YoY | — | — | — | — | -17.9% | +184.2% | +123.3% | +109.1% |
| Free cash flow | $244.1M | $250.2M | $356.4M | $196.7M | $318.5M | $380.4M | $311.7M | $269.9M |
| YoY | — | — | — | — | +30.5% | +52.0% | -12.5% | +37.2% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $466.7M | $100.2M | $175.0M | $52.6M | $197.4M | $502.0M | $1.9B | $78.6M |
| YoY | — | — | — | — | -57.7% | +401.0% | +1012.2% | +49.4% |
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 | — | — | — | — | — | — | — | — |
| Operating margin | -0.7% | 22.7% | -4.2% | -0.4% | 5.6% | 22.8% | -8.0% | -4.7% |
| Net margin | 3.4% | 160.1% | 1.0% | 3.9% | 8.8% | 21.0% | -7.3% | -4.0% |
| Free cash flow margin | 27.2% | 21.7% | 41.7% | 19.7% | 30.4% | 28.8% | 30.9% | 22.9% |
| Effective tax rate | -2.7% | -567.4% | 340.5% | -11.8% | -5.6% | 15.4% | -15.9% | 5.1% |
| Current ratio | 7.90x | 8.75x | 8.41x | 8.76x | 8.36x | 7.64x | 4.23x | 3.81x |
| Total liabilities / equity | 0.21x | 0.12x | 0.13x | 0.12x | 0.14x | 0.16x | 0.63x | 0.64x |
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 |
|---|---|---|---|---|---|---|
| PINS FY25 · this stock | $4.2B | +15.8% | — | 7.6% | 9.9% | — |
| 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% |
| OMC FY25 | $17.3B | +10.1% | — | 2.6% | -0.3% | 16.1% |
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.