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 | $80.1B | $79.6B | $78.6B | $81.4B | $88.3B |
| YoY | — | -0.7% | -1.3% | +3.6% | +8.5% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $20.2B | $21.6B | $21.3B | $20.8B | $23.5B |
| YoY | — | +6.8% | -1.4% | -2.3% | +12.7% |
| Operating income | $6.9B | $6.5B | $14.3B | $18.0B | $18.3B |
| YoY | — | -5.1% | +118.0% | +26.2% | +1.5% |
| Pretax income | $3.4B | $3.1B | $11.0B | $14.7B | $14.3B |
| YoY | — | -6.1% | +249.6% | +33.8% | -2.9% |
| Income tax | $327.0M | $556.0M | $2.7B | $3.4B | $3.3B |
| YoY | — | +70.0% | +382.4% | +25.8% | -2.5% |
| Net income | $3.0B | $2.6B | $8.3B | $11.3B | $11.0B |
| YoY | — | -14.4% | +221.1% | +36.3% | -3.1% |
| EPS — basic | $2.42 | $2.07 | $7.02 | $9.70 | $9.75 |
| YoY | — | -14.5% | +239.1% | +38.2% | +0.5% |
| EPS — diluted | $2.41 | $2.06 | $6.93 | $9.66 | $9.72 |
| YoY | — | -14.5% | +236.4% | +39.4% | +0.6% |
| Weighted shares — basic | 1.25B | 1.25B | 1.19B | 1.17B | 1.13B |
| Weighted shares — diluted | 1.25B | 1.26B | 1.20B | 1.17B | 1.13B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $6.6B | $4.5B | $5.1B | $5.4B | $5.6B |
| YoY | — | -32.0% | +13.9% | +5.3% | +3.5% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $4.2B | $4.4B | $4.7B | $4.3B | $4.9B |
| YoY | — | +6.0% | +5.6% | -8.9% | +14.0% |
| Inventory | $2.6B | $1.9B | $1.7B | $1.6B | $2.4B |
| YoY | — | -26.6% | -10.9% | -4.2% | +49.7% |
| Total current assets | $20.9B | $19.1B | $19.0B | $18.4B | $24.5B |
| YoY | — | -8.7% | -0.3% | -3.2% | +32.9% |
| Total assets | $206.6B | $211.3B | $207.7B | $208.0B | $219.2B |
| YoY | — | +2.3% | -1.7% | +0.2% | +5.4% |
| Total current liabilities | $23.5B | $24.7B | $20.9B | $20.2B | $24.5B |
| YoY | — | +5.3% | -15.4% | -3.6% | +21.4% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $69.1B | $69.7B | $64.7B | $61.7B | $59.2B |
| YoY | — | +0.8% | -7.1% | -4.6% | -4.1% |
| Shares outstanding | 1.25B | 1.23B | 1.20B | 1.14B | 1.11B |
| YoY | — | -1.2% | -3.1% | -4.3% | -3.3% |
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 | $13.9B | $16.8B | $18.6B | $22.3B | $27.9B |
| YoY | — | +20.6% | +10.6% | +20.1% | +25.4% |
| Capital expenditures | $12.3B | $14.0B | $9.8B | $8.8B | $10.0B |
| YoY | — | +13.3% | -29.8% | -9.8% | +12.6% |
| Free cash flow | $1.6B | $2.8B | $8.8B | $13.5B | $18.0B |
| YoY | — | +76.7% | +211.6% | +53.6% | +33.8% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $0 | $3.0B | $13.1B | $11.2B | $10.0B |
| YoY | — | — | +335.8% | -14.1% | -11.2% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 8.6% | 8.2% | 18.2% | 22.1% | 20.7% |
| Net margin | 3.8% | 3.3% | 10.6% | 13.9% | 12.4% |
| Free cash flow margin | 2.0% | 3.5% | 11.1% | 16.5% | 20.4% |
| Effective tax rate | 9.8% | 17.7% | 24.4% | 22.9% | 23.0% |
| Current ratio | 0.89x | 0.77x | 0.91x | 0.91x | 1.00x |
| 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 |
|---|---|---|---|---|---|---|
| TMUS FY25 · this stock | $88.3B | +8.5% | — | 20.7% | 12.4% | 20.4% |
| 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% | — |
| 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.