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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5B | $3.6B | $3.6B | $3.8B | $3.8B | $3.9B | $3.9B | $4.2B |
| YoY | — | — | — | — | +5.8% | +8.8% | +9.0% | +10.4% |
| Cost of goods sold | $1.1B | $1.1B | $1.1B | $1.2B | $1.1B | $1.1B | $1.2B | $1.2B |
| YoY | — | — | — | — | +3.8% | +5.3% | +5.7% | +7.1% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $741.0M | $815.0M | $926.0M | $764.0M | $803.0M | $805.0M | $1.0B | $802.0M |
| YoY | — | — | — | — | +8.4% | -1.2% | +12.9% | +5.0% |
| Operating income | $1.5B | $1.4B | $1.3B | $1.6B | $1.6B | $1.7B | $1.7B | $2.0B |
| YoY | — | — | — | — | +6.8% | +16.8% | +27.9% | +26.9% |
| Pretax income | $1.4B | $1.4B | $1.3B | $1.5B | $1.5B | $1.6B | $1.6B | $1.9B |
| YoY | — | — | — | — | +9.0% | +17.5% | +30.1% | +27.5% |
| Income tax | $293.0M | $313.0M | $287.0M | $325.0M | $342.0M | $333.0M | $407.0M | $404.0M |
| YoY | — | — | — | — | +16.7% | +6.4% | +41.8% | +24.3% |
| Net income | $1.0B | $971.0M | $880.0M | $1.1B | $1.1B | $1.2B | $1.1B | $1.4B |
| YoY | — | — | — | — | +6.0% | +21.1% | +28.9% | +28.0% |
| EPS — basic | $3.23 | $3.12 | — | $3.55 | $3.50 | $3.86 | — | $4.69 |
| YoY | — | — | — | — | +8.4% | +23.7% | — | +32.1% |
| EPS — diluted | $3.23 | $3.11 | — | $3.54 | $3.50 | $3.86 | — | $4.69 |
| YoY | — | — | — | — | +8.4% | +24.1% | — | +32.5% |
| Weighted shares — basic | 313.0M | 311.2M | — | 307.3M | 305.9M | 304.3M | — | 297.3M |
| Weighted shares — diluted | 313.2M | 311.5M | — | 307.7M | 306.1M | 304.5M | — | 297.6M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.0B | $1.7B | $1.7B | $1.5B | $1.8B | $1.7B | $1.7B | $1.8B |
| YoY | — | — | — | — | -9.4% | -1.4% | +4.7% | +23.2% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $2.7B | $2.6B | $2.9B | $3.1B | $3.0B | $2.9B | $3.4B | $3.5B |
| YoY | — | — | — | — | +10.0% | +8.4% | +20.0% | +13.4% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $5.6B | $5.2B | $5.5B | $5.3B | $5.9B | $5.7B | $6.3B | $6.3B |
| YoY | — | — | — | — | +4.2% | +8.7% | +15.3% | +18.4% |
| Total assets | $61.0B | $60.4B | $60.2B | $59.9B | $60.4B | $59.7B | $61.2B | $60.8B |
| YoY | — | — | — | — | -0.9% | -1.0% | +1.6% | +1.5% |
| Total current liabilities | $5.5B | $5.5B | $6.4B | $5.9B | $6.0B | $5.8B | $7.6B | $9.3B |
| YoY | — | — | — | — | +8.8% | +5.4% | +19.5% | +57.7% |
| Total liabilities | $22.0B | $22.0B | $22.7B | $22.2B | $22.4B | $22.1B | $25.0B | $24.6B |
| YoY | — | — | — | — | +2.1% | +0.3% | +10.3% | +10.9% |
| Total equity | $34.9B | $34.0B | $33.2B | $33.4B | $33.4B | $33.1B | $31.1B | $31.2B |
| YoY | — | — | — | — | -4.3% | -2.5% | -6.1% | -6.6% |
| Shares outstanding | 313.0M | 310.3M | 307.8M | 306.7M | 305.3M | 303.4M | 298.8M | 296.0M |
| YoY | — | — | — | — | -2.5% | -2.2% | -2.9% | -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.
| Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.6B | $1.4B | $1.7B | $953.0M | $1.4B | $1.5B | $1.7B | $1.0B |
| YoY | — | — | — | — | -7.1% | +4.2% | +0.5% | +8.8% |
| Capital expenditures | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $0 | $1.5B | $1.3B | $650.0M | $651.0M | $1.2B | $2.5B | $1.0B |
| YoY | — | — | — | — | — | -20.1% | +92.3% | +53.8% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 40.9% | 40.1% | 36.4% | 41.8% | 41.3% | 43.1% | 42.7% | 48.0% |
| Net margin | 28.5% | 27.2% | 24.5% | 28.9% | 28.5% | 30.2% | 29.0% | 33.4% |
| Free cash flow margin | — | — | — | — | — | — | — | — |
| Effective tax rate | 21.3% | 23.0% | 22.9% | 21.7% | 22.8% | 20.8% | 25.0% | 21.2% |
| Current ratio | 1.03x | 0.94x | 0.85x | 0.90x | 0.98x | 0.97x | 0.82x | 0.68x |
| Total liabilities / equity | 0.63x | 0.65x | 0.68x | 0.66x | 0.67x | 0.67x | 0.80x | 0.79x |
Peer comparison — latest full year
Same sector (Financials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| SPGI FY25 · this stock | $15.3B | +7.9% | — | 42.2% | 29.2% | — |
| JPM FY25 | $182.4B | +2.8% | — | — | 31.3% | — |
| BAC FY25 | $113.1B | +6.8% | — | — | 27.0% | — |
| PGR FY25 | $87.7B | +16.3% | — | — | 12.9% | 19.6% |
| C FY25 | $85.2B | +5.6% | — | — | 16.8% | -87.0% |
| WFC FY25 | $83.7B | +1.7% | — | — | 25.5% | — |
| MS FY25 | $70.6B | +14.4% | — | — | 23.9% | — |
| CB FY25 | $59.4B | +6.5% | — | — | 17.4% | — |
| GS FY25 | $58.3B | +8.9% | — | — | 29.5% | -81.0% |
| AXP FY25 | $41.3B | +6.4% | — | — | 26.2% | 38.7% |
| V FY25 | $40.0B | +11.3% | — | 60.0% | 50.1% | — |
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.