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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.2B | $21.9B | $20.9B | $21.1B | $22.0B | $24.3B | $23.1B | $22.8B |
| YoY | — | — | — | — | +8.9% | +11.3% | +10.6% | +7.9% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $5.2B | $5.4B | $5.5B | $5.4B | $6.0B | $6.6B | $6.0B | $5.8B |
| YoY | — | — | — | — | +16.0% | +22.8% | +8.7% | +8.1% |
| Operating income | $4.8B | $4.6B | $4.8B | $5.2B | $4.5B | $3.7B | $4.5B | $5.5B |
| YoY | — | — | — | — | -5.5% | -18.5% | -6.3% | +5.3% |
| Pretax income | $4.0B | $3.8B | $3.8B | $4.3B | $3.5B | $2.6B | $3.3B | $4.3B |
| YoY | — | — | — | — | -11.1% | -31.4% | -13.1% | +1.1% |
| Income tax | $908.0M | $858.0M | $885.0M | $1.1B | $814.0M | $532.0M | $830.0M | $1.1B |
| YoY | — | — | — | — | -10.4% | -38.0% | -6.2% | +2.9% |
| Net income | $3.1B | $3.0B | $3.0B | $3.2B | $2.7B | $2.1B | $2.5B | $3.2B |
| YoY | — | — | — | — | -11.3% | -29.5% | -15.2% | +0.5% |
| EPS — basic | $2.62 | — | $2.59 | $2.84 | $2.42 | — | $2.28 | $2.99 |
| YoY | — | — | — | — | -7.6% | — | -12.0% | +5.3% |
| EPS — diluted | $2.61 | — | $2.58 | $2.84 | $2.41 | — | $2.27 | $2.99 |
| YoY | — | — | — | — | -7.7% | — | -12.0% | +5.3% |
| Weighted shares — basic | 1.17B | — | 1.14B | 1.13B | 1.12B | — | 1.10B | 1.08B |
| Weighted shares — diluted | 1.17B | — | 1.14B | 1.13B | 1.13B | — | 1.10B | 1.08B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $9.8B | $5.4B | $12.0B | $10.3B | $3.3B | $5.6B | $3.5B | $2.8B |
| YoY | — | — | — | — | -66.1% | +3.5% | -70.7% | -72.5% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $4.3B | $4.3B | $4.4B | $4.6B | $5.1B | $4.9B | $4.9B | $5.2B |
| YoY | — | — | — | — | +18.6% | +14.0% | +10.8% | +14.1% |
| Inventory | $1.8B | $1.6B | $1.9B | $1.7B | $2.4B | $2.4B | $2.3B | $2.2B |
| YoY | — | — | — | — | +32.5% | +49.7% | +20.1% | +29.6% |
| Total current assets | $22.5B | $18.4B | $27.4B | $26.8B | $21.7B | $24.5B | $22.1B | $21.8B |
| YoY | — | — | — | — | -3.7% | +32.9% | -19.4% | -18.7% |
| Total assets | $210.7B | $208.0B | $214.6B | $212.6B | $217.2B | $219.2B | $214.7B | $213.6B |
| YoY | — | — | — | — | +3.1% | +5.4% | +0.0% | +0.4% |
| Total current liabilities | $21.0B | $20.2B | $23.6B | $22.1B | $24.3B | $24.5B | $20.3B | $23.6B |
| YoY | — | — | — | — | +16.0% | +21.4% | -13.9% | +6.6% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $64.2B | $61.7B | $61.1B | $61.1B | $60.5B | $59.2B | $55.9B | $56.3B |
| YoY | — | — | — | — | -5.9% | -4.1% | -8.6% | -7.9% |
| Shares outstanding | 1.16B | 1.14B | 1.14B | 1.13B | 1.12B | 1.11B | 1.09B | 1.07B |
| YoY | — | — | — | — | -4.0% | -3.3% | -4.5% | -4.7% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.1B | $5.5B | $6.8B | $7.0B | $7.5B | $6.7B | $7.2B | $7.5B |
| YoY | — | — | — | — | +21.5% | +19.9% | +5.5% | +7.3% |
| Capital expenditures | $2.0B | $2.2B | $2.5B | $2.4B | $2.6B | $2.5B | $2.6B | $2.7B |
| YoY | — | — | — | — | +34.6% | +11.6% | +7.0% | +12.8% |
| Free cash flow | $4.2B | $3.3B | $4.4B | $4.6B | $4.8B | $4.2B | $4.6B | $4.8B |
| YoY | — | — | — | — | +15.3% | +25.4% | +4.6% | +4.4% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $560.0M | $4.7B | $2.5B | $2.6B | $2.5B | $2.4B | $4.8B | $2.3B |
| YoY | — | — | — | — | +342.7% | -47.8% | +93.5% | -9.2% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 23.8% | 21.0% | 23.0% | 24.7% | 20.6% | 15.4% | 19.5% | 24.1% |
| Net margin | 15.2% | 13.6% | 14.1% | 15.2% | 12.4% | 8.6% | 10.8% | 14.2% |
| Free cash flow margin | 20.7% | 15.3% | 21.0% | 21.7% | 21.9% | 17.2% | 19.9% | 21.0% |
| Effective tax rate | 22.9% | 22.3% | 23.1% | 24.7% | 23.1% | 20.2% | 24.9% | 25.2% |
| Current ratio | 1.08x | 0.91x | 1.16x | 1.21x | 0.89x | 1.00x | 1.09x | 0.92x |
| 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.