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 | $29.1B | $32.3B | $36.0B | $36.2B | $37.2B |
| YoY | — | +11.0% | +11.6% | +0.6% | +2.8% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $4.9B | $4.6B | $5.9B | $5.4B | $2.9B |
| YoY | — | -5.2% | +27.1% | -7.9% | -45.7% |
| Pretax income | $5.4B | $4.2B | $5.4B | $5.0B | $2.5B |
| YoY | — | -21.0% | +27.6% | -8.0% | -49.5% |
| Income tax | $1.2B | $948.5M | $1.3B | $1.2B | $650.6M |
| YoY | — | -18.0% | +34.7% | -5.5% | -46.1% |
| Net income | $4.2B | $3.3B | $4.1B | $3.8B | $1.9B |
| YoY | — | -21.9% | +25.7% | -8.8% | -50.6% |
| EPS — basic | $3.57 | $2.85 | $3.60 | $3.32 | $1.63 |
| YoY | — | -20.2% | +26.3% | -7.8% | -50.9% |
| EPS — diluted | $3.54 | $2.83 | $3.58 | $3.31 | $1.63 |
| YoY | — | -20.1% | +26.5% | -7.5% | -50.8% |
| Weighted shares — basic | 1.18B | 1.15B | 1.15B | 1.13B | 1.14B |
| Weighted shares — diluted | 1.19B | 1.16B | 1.15B | 1.14B | 1.14B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $940.0M | $1.2B | $1.2B | $1.2B | $1.3B |
| YoY | — | +25.1% | +0.7% | +2.5% | +5.2% |
| Inventory | $1.6B | $2.2B | $1.8B | $1.8B | $2.2B |
| YoY | — | +35.7% | -17.0% | -1.6% | +23.0% |
| Total current assets | $9.8B | $7.0B | $7.3B | $6.8B | $7.4B |
| YoY | — | -28.1% | +4.1% | -6.2% | +7.8% |
| Total assets | $31.4B | $28.0B | $29.4B | $31.3B | $32.0B |
| YoY | — | -10.9% | +5.2% | +6.4% | +2.2% |
| Total current liabilities | $8.2B | $9.2B | $9.3B | $9.1B | $10.2B |
| YoY | — | +12.3% | +2.1% | -2.9% | +12.6% |
| Total liabilities | $36.7B | $36.7B | $37.4B | $38.8B | $40.1B |
| YoY | — | -0.1% | +2.1% | +3.6% | +3.4% |
| Total equity | $-5.3B | $-8.7B | $-8.0B | $-7.4B | $-8.1B |
| YoY | — | -63.6% | +8.2% | +6.8% | -8.7% |
| Shares outstanding | 1.18B | 1.15B | 1.14B | 1.13B | 1.14B |
| YoY | — | -2.7% | -0.5% | -0.8% | +0.3% |
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 | $6.0B | $4.4B | $6.0B | $6.1B | $4.7B |
| YoY | — | -26.6% | +36.6% | +1.4% | -22.1% |
| Capital expenditures | $1.5B | $1.8B | $2.3B | $2.8B | $2.3B |
| YoY | — | +25.3% | +26.7% | +19.0% | -17.0% |
| Free cash flow | $4.5B | $2.6B | $3.7B | $3.3B | $2.4B |
| YoY | — | -43.4% | +43.8% | -9.7% | -26.4% |
| Dividends paid | $2.1B | $2.3B | $2.4B | $2.6B | $2.8B |
| YoY | — | +6.8% | +7.4% | +6.3% | +7.2% |
| Share repurchases | $0 | $4.0B | $984.4M | $1.3B | $0 |
| YoY | — | — | -75.5% | +28.7% | -100.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 16.8% | 14.3% | 16.3% | 15.0% | 7.9% |
| Net margin | 14.5% | 10.2% | 11.5% | 10.4% | 5.0% |
| Free cash flow margin | 15.6% | 7.9% | 10.2% | 9.2% | 6.6% |
| Effective tax rate | 21.6% | 22.4% | 23.6% | 24.3% | 25.9% |
| Current ratio | 1.20x | 0.77x | 0.78x | 0.75x | 0.72x |
| Total liabilities / equity | -6.90x | -4.21x | -4.68x | -5.21x | -4.95x |
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 |
|---|---|---|---|---|---|---|
| SBUX FY25 · this stock | $37.2B | +2.8% | — | 7.9% | 5.0% | 6.6% |
| 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% |
| MCD FY25 | $26.9B | +3.7% | — | 46.1% | 31.9% | 26.7% |
| MAR FY25 | $26.2B | +4.3% | — | 15.8% | 9.9% | — |
| ROST FY26 | $22.8B | +7.7% | — | — | 9.4% | 9.7% |
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.