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 | $134.0B | $120.7B | $122.4B | $122.3B | $125.6B |
| YoY | — | -9.9% | +1.4% | -0.1% | +2.7% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $29.7B | $29.0B | $28.9B | $28.4B | $28.9B |
| YoY | — | -2.4% | -0.3% | -1.6% | +1.9% |
| Operating income | $25.9B | $-4.6B | $23.5B | $19.0B | $24.2B |
| YoY | — | -117.7% | +611.5% | -18.8% | +26.8% |
| Pretax income | $29.2B | $-3.1B | $19.8B | $16.7B | $27.0B |
| YoY | — | -110.6% | +741.5% | -15.9% | +61.7% |
| Income tax | $5.4B | $3.8B | $4.2B | $4.4B | $3.6B |
| YoY | — | -29.9% | +11.8% | +5.2% | -18.5% |
| Net income | $20.1B | $-8.5B | $14.4B | $10.9B | $22.0B |
| YoY | — | -142.4% | +268.9% | -24.0% | +100.5% |
| EPS — basic | $2.77 | $-1.13 | $1.97 | $1.49 | $3.04 |
| YoY | — | -140.8% | +274.3% | -24.4% | +104.0% |
| EPS — diluted | $2.73 | $-1.13 | $1.97 | $1.49 | $3.04 |
| YoY | — | -141.4% | +274.3% | -24.4% | +104.0% |
| Weighted shares — basic | 7.17B | 7.17B | 7.18B | 7.20B | 7.17B |
| Weighted shares — diluted | 7.50B | 7.59B | 7.26B | 7.20B | 7.18B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $19.2B | $3.7B | $6.7B | $3.3B | $18.2B |
| YoY | — | -80.7% | +81.6% | -50.9% | +452.9% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $12.3B | $11.5B | $10.3B | $9.6B | $8.8B |
| YoY | — | -6.9% | -10.3% | -6.3% | -8.2% |
| Inventory | — | $3.1B | $2.2B | $2.3B | $2.4B |
| YoY | — | — | -30.3% | +4.3% | +6.6% |
| Total current assets | $170.8B | $33.1B | $36.5B | $31.2B | $48.7B |
| YoY | — | -80.6% | +10.1% | -14.5% | +56.4% |
| Total assets | $551.6B | $402.9B | $407.1B | $394.8B | $420.2B |
| YoY | — | -27.0% | +1.0% | -3.0% | +6.4% |
| Total current liabilities | $106.2B | $56.2B | $51.1B | $46.9B | $53.8B |
| YoY | — | -47.1% | -9.0% | -8.3% | +14.7% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | — | — | — | — | — |
| YoY | — | — | — | — | — |
| 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.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $42.0B | — | $38.3B | $38.8B | $40.3B |
| YoY | — | — | — | +1.2% | +3.9% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $202.0M | $890.0M | $194.0M | $215.0M | $4.5B |
| YoY | — | +340.6% | -78.2% | +10.8% | +1993.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 19.3% | -3.8% | 19.2% | 15.6% | 19.2% |
| Net margin | 15.0% | -7.1% | 11.8% | 8.9% | 17.5% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 18.5% | -122.2% | 21.3% | 26.6% | 13.4% |
| Current ratio | 1.61x | 0.59x | 0.71x | 0.66x | 0.91x |
| Total liabilities / equity | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| T FY25 · this stock | $125.6B | +2.7% | — | 19.2% | 17.5% | — |
| 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% | — |
| 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% |
| FOXA FY23 | $14.9B | +6.7% | — | — | — | 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.