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.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $33.6B | $44.2B | $35.8B | $39.0B | $44.3B |
| YoY | — | +31.7% | -19.0% | +8.8% | +13.7% |
| Cost of goods sold | $14.3B | $18.6B | $15.9B | $17.1B | $19.7B |
| YoY | — | +30.7% | -14.8% | +7.5% | +15.7% |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | $7.2B | $8.2B | $8.8B | $8.9B | $9.0B |
| YoY | — | +14.2% | +7.6% | +0.9% | +1.7% |
| Selling, general & administrative | $2.3B | $2.6B | $2.5B | $2.8B | $3.1B |
| YoY | — | +9.9% | -3.4% | +11.1% | +12.7% |
| Operating income | $9.8B | $15.9B | $7.8B | $10.1B | $12.4B |
| YoY | — | +62.0% | -50.9% | +29.3% | +22.7% |
| Pretax income | $10.3B | $15.0B | $7.4B | $10.3B | $12.7B |
| YoY | — | +46.0% | -50.4% | +38.9% | +22.5% |
| Income tax | $1.2B | $2.0B | $104.0M | $226.0M | $7.1B |
| YoY | — | +63.4% | -94.8% | +117.3% | +3051.3% |
| Net income | $9.0B | $12.9B | $7.2B | $10.1B | $5.5B |
| YoY | — | +43.0% | -44.1% | +40.2% | -45.4% |
| EPS — basic | $7.99 | $11.52 | $6.47 | $9.09 | $5.05 |
| YoY | — | +44.2% | -43.8% | +40.5% | -44.4% |
| EPS — diluted | $7.87 | $11.37 | $6.42 | $8.97 | $5.01 |
| YoY | — | +44.5% | -43.5% | +39.7% | -44.1% |
| Weighted shares — basic | 1.13B | 1.12B | 1.12B | 1.12B | 1.10B |
| Weighted shares — diluted | 1.15B | 1.14B | 1.13B | 1.13B | 1.10B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $7.1B | $2.8B | $8.4B | $7.8B | $5.5B |
| YoY | — | -61.0% | +204.7% | -7.1% | -29.7% |
| Marketable securities (current) | $5.3B | $3.6B | $2.9B | $5.5B | $4.6B |
| YoY | — | -31.9% | -20.4% | +89.7% | -15.0% |
| Accounts receivable | $2.2B | $4.2B | $1.9B | $2.3B | $2.9B |
| YoY | — | +88.6% | -53.9% | +22.0% | +21.6% |
| Inventory | $3.2B | $6.3B | $6.4B | $6.4B | $6.5B |
| YoY | — | +96.4% | +1.3% | +0.0% | +1.6% |
| Total current assets | $20.1B | $20.7B | $22.5B | $25.2B | $25.8B |
| YoY | — | +3.2% | +8.4% | +12.3% | +2.1% |
| Total assets | $41.2B | $49.0B | $51.0B | $55.2B | $50.1B |
| YoY | — | +18.9% | +4.1% | +8.1% | -9.1% |
| Total current liabilities | $12.0B | $11.9B | $9.6B | $10.5B | $9.1B |
| YoY | — | -0.7% | -18.9% | +9.1% | -12.9% |
| Total liabilities | $31.3B | $31.0B | $29.5B | $28.9B | $28.9B |
| YoY | — | -0.9% | -5.0% | -2.0% | +0.2% |
| Total equity | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Shares outstanding | 1.12B | 1.12B | 1.11B | 1.11B | 1.07B |
| YoY | — | -0.4% | -0.6% | -0.1% | -3.5% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $10.5B | $9.1B | $11.3B | $12.2B | $14.0B |
| YoY | — | -13.7% | +24.2% | +8.0% | +14.8% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $3.4B | $3.1B | $3.0B | $4.1B | $8.8B |
| YoY | — | -7.0% | -5.0% | +38.6% | +113.3% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 29.2% | 35.9% | 21.7% | 25.8% | 27.9% |
| Net margin | 26.9% | 29.3% | 20.2% | 26.0% | 12.5% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 12.0% | 13.4% | 1.4% | 2.2% | 56.2% |
| Current ratio | 1.68x | 1.75x | 2.33x | 2.40x | 2.82x |
| 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 |
|---|---|---|---|---|---|---|
| QCOM FY25 · this stock | $44.3B | +13.7% | — | 27.9% | 12.5% | — |
| 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% |
| ORCL FY26 | $67.4B | +17.3% | — | 30.6% | 25.4% | -35.2% |
| 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% |
| 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.