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.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.7B | $19.3B | $22.5B | $28.1B | $24.9B | $22.4B | $28.2B | $28.0B |
| YoY | — | — | — | — | -3.1% | +15.8% | +25.5% | -0.2% |
| Cost of goods sold | $21.5B | $16.2B | $18.6B | $23.0B | $19.9B | $17.7B | $23.5B | $22.6B |
| YoY | — | — | — | — | -7.6% | +9.2% | +26.1% | -2.1% |
| Gross profit | $4.2B | $3.2B | $3.9B | $5.1B | $5.0B | $4.7B | $4.8B | $5.5B |
| YoY | — | — | — | — | +19.9% | +49.7% | +22.5% | +8.7% |
| Research & development | $1.3B | $1.4B | $1.6B | $1.6B | $1.8B | $1.9B | $2.4B | $2.8B |
| YoY | — | — | — | — | +39.7% | +38.1% | +49.2% | +69.4% |
| Selling, general & administrative | $1.3B | $1.3B | $1.4B | $1.6B | $1.7B | $1.8B | $2.0B | $2.0B |
| YoY | — | — | — | — | +26.0% | +46.5% | +45.1% | +29.0% |
| Operating income | $1.6B | $399.0M | $923.0M | $1.6B | $1.4B | $941.0M | $398.0M | $718.0M |
| YoY | — | — | — | — | -11.0% | +135.8% | -56.9% | -55.8% |
| Pretax income | $2.5B | $589.0M | $1.5B | $2.0B | $1.2B | $748.0M | $1.3B | $956.0M |
| YoY | — | — | — | — | -53.2% | +27.0% | -14.2% | -51.2% |
| Income tax | $381.0M | $169.0M | $359.0M | $570.0M | $325.0M | $257.0M | $201.0M | $152.0M |
| YoY | — | — | — | — | -14.7% | +52.1% | -44.0% | -73.3% |
| Net income | $2.1B | $409.0M | $1.2B | $1.4B | $840.0M | $477.0M | $1.1B | $787.0M |
| YoY | — | — | — | — | -60.5% | +16.6% | -4.9% | -42.7% |
| EPS — basic | — | $0.13 | $0.36 | $0.43 | — | $0.15 | $0.34 | $0.24 |
| YoY | — | — | — | — | — | +15.4% | -5.6% | -44.2% |
| EPS — diluted | — | $0.12 | $0.33 | $0.39 | — | $0.13 | $0.32 | $0.22 |
| YoY | — | — | — | — | — | +8.3% | -3.0% | -43.6% |
| Weighted shares — basic | — | 3.22B | 3.22B | 3.23B | — | 3.23B | 3.24B | 3.24B |
| Weighted shares — diluted | — | 3.52B | 3.52B | 3.53B | — | 3.54B | 3.54B | 3.54B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $16.1B | $16.4B | $15.6B | $18.3B | $16.5B | $16.6B | $15.2B | $17.9B |
| YoY | — | — | — | — | +2.3% | +1.5% | -2.4% | -2.4% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $4.4B | $3.8B | $3.8B | $4.7B | $4.6B | $4.0B | $4.1B | $4.6B |
| YoY | — | — | — | — | +3.6% | +4.7% | +6.5% | -1.4% |
| Inventory | $12.0B | $13.7B | $14.6B | $12.3B | $12.4B | $14.4B | $13.8B | $14.1B |
| YoY | — | — | — | — | +3.1% | +5.3% | -5.6% | +14.8% |
| Total current assets | $58.4B | $59.4B | $61.1B | $64.7B | $68.6B | $69.7B | $68.8B | $70.4B |
| YoY | — | — | — | — | +17.6% | +17.4% | +12.5% | +8.9% |
| Total assets | $122.1B | $125.1B | $128.6B | $133.7B | $137.8B | $143.7B | $148.5B | $157.5B |
| YoY | — | — | — | — | +12.9% | +14.9% | +15.5% | +17.8% |
| Total current liabilities | $28.8B | $29.8B | $30.0B | $31.3B | $31.7B | $34.1B | $35.4B | $40.5B |
| YoY | — | — | — | — | +10.0% | +14.7% | +18.1% | +29.4% |
| Total liabilities | $48.4B | $49.7B | $50.5B | $53.0B | $54.9B | $58.9B | $61.0B | $67.6B |
| YoY | — | — | — | — | +13.5% | +18.6% | +20.8% | +27.6% |
| Total equity | $72.9B | $74.7B | $77.3B | $80.0B | $82.1B | $84.1B | $86.9B | $89.3B |
| YoY | — | — | — | — | +12.7% | +12.7% | +12.3% | +11.7% |
| Shares outstanding | 3.22B | 3.22B | 3.22B | 3.32B | 3.75B | 3.75B | 3.95B | 3.95B |
| YoY | — | — | — | — | +16.6% | +16.6% | +22.5% | +18.9% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $4.8B | $2.2B | $2.5B | $6.2B | $3.8B | $3.9B | $4.7B | $6.3B |
| YoY | — | — | — | — | -20.8% | +82.6% | +84.9% | +0.4% |
| Capital expenditures | $2.8B | $1.5B | $2.4B | $2.2B | $2.4B | $2.5B | $5.8B | $4.7B |
| YoY | — | — | — | — | -13.9% | +67.1% | +141.8% | +110.5% |
| Free cash flow | $2.0B | $664.0M | $146.0M | $4.0B | $1.4B | $1.4B | $-1.1B | $1.5B |
| YoY | — | — | — | — | -30.2% | +117.5% | -847.9% | -61.6% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 16.3% | 16.3% | 17.2% | 18.0% | 20.1% | 21.1% | 16.8% | 19.6% |
| Operating margin | 6.2% | 2.1% | 4.1% | 5.8% | 5.7% | 4.2% | 1.4% | 2.6% |
| Net margin | 8.3% | 2.1% | 5.2% | 4.9% | 3.4% | 2.1% | 3.9% | 2.8% |
| Free cash flow margin | 7.9% | 3.4% | 0.6% | 14.2% | 5.7% | 6.5% | -3.9% | 5.5% |
| Effective tax rate | 15.1% | 28.7% | 23.2% | 29.1% | 27.5% | 34.4% | 15.1% | 15.9% |
| Current ratio | 2.02x | 2.00x | 2.04x | 2.07x | 2.16x | 2.04x | 1.94x | 1.74x |
| Total liabilities / equity | 0.66x | 0.67x | 0.65x | 0.66x | 0.67x | 0.70x | 0.70x | 0.76x |
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 |
|---|---|---|---|---|---|---|
| TSLA FY25 · this stock | $94.8B | -2.9% | 18.0% | 4.6% | 4.0% | 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% | — |
| 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% |
| SBUX FY25 | $37.2B | +2.8% | — | 7.9% | 5.0% | 6.6% |
| 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.