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 | $13.6B | $13.6B | $13.1B | $13.9B | $13.9B | $14.3B | $13.7B | $13.9B |
| YoY | — | — | — | — | +2.2% | +5.1% | +4.4% | -0.1% |
| Cost of goods sold | $12.5B | $12.5B | $12.5B | $12.7B | $13.1B | $13.5B | $12.7B | $12.9B |
| YoY | — | — | — | — | +5.0% | +7.8% | +1.7% | +1.6% |
| Gross profit | $1.1B | $1.1B | $600.0M | $1.1B | $726.0M | $808.0M | $962.0M | $921.0M |
| YoY | — | — | — | — | -31.5% | -26.2% | +60.3% | -19.3% |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $535.0M | $515.0M | $500.0M | $538.0M | $568.0M | $506.0M | $527.0M | $559.0M |
| YoY | — | — | — | — | +6.2% | -1.7% | +5.4% | +3.9% |
| Operating income | $525.0M | $580.0M | $100.0M | $260.0M | $158.0M | $302.0M | $435.0M | $362.0M |
| YoY | — | — | — | — | -69.9% | -47.9% | +335.0% | +39.2% |
| Pretax income | $475.0M | $478.0M | $30.0M | $193.0M | $68.0M | $127.0M | $359.0M | $266.0M |
| YoY | — | — | — | — | -85.7% | -73.4% | +1096.7% | +37.8% |
| Income tax | $111.0M | $112.0M | $16.0M | $124.0M | $10.0M | $37.0M | $95.0M | $80.0M |
| YoY | — | — | — | — | -91.0% | -67.0% | +493.8% | -35.5% |
| Net income | $357.0M | $359.0M | $7.0M | $61.0M | $47.0M | $85.0M | $260.0M | $182.0M |
| YoY | — | — | — | — | -86.8% | -76.3% | +3614.3% | +198.4% |
| EPS — basic | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| EPS — diluted | — | $1.01 | $0.02 | $0.17 | — | $0.24 | $0.73 | $0.52 |
| YoY | — | — | — | — | — | -76.2% | +3550.0% | +205.9% |
| Weighted shares — basic | — | — | — | — | — | — | — | — |
| Weighted shares — diluted | — | 357.0M | 357.0M | 357.0M | — | 354.0M | 354.0M | 355.0M |
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 | $1.7B | $2.3B | $992.0M | $1.5B | $1.2B | $1.3B | $500.0M | $740.0M |
| YoY | — | — | — | — | -28.4% | -44.2% | -49.6% | -52.2% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $2.4B | $2.3B | $2.4B | $2.5B | $2.5B | $2.4B | $2.4B | $2.5B |
| YoY | — | — | — | — | +4.9% | +4.6% | +0.6% | +0.1% |
| Inventory | $5.2B | $5.1B | $5.4B | $5.4B | $5.7B | $5.4B | $5.5B | $5.8B |
| YoY | — | — | — | — | +9.4% | +5.7% | +1.5% | +7.4% |
| Total current assets | $9.8B | $10.1B | $9.2B | $9.9B | $9.9B | $9.5B | $8.9B | $9.5B |
| YoY | — | — | — | — | +1.7% | -5.7% | -3.2% | -4.0% |
| Total assets | $37.1B | $37.3B | $36.3B | $36.5B | $36.7B | $36.0B | $35.2B | $35.6B |
| YoY | — | — | — | — | -1.2% | -3.5% | -3.1% | -2.3% |
| Total current liabilities | $4.8B | $4.8B | $5.5B | $5.7B | $6.4B | $6.2B | $4.8B | $6.6B |
| YoY | — | — | — | — | +33.5% | +29.8% | -11.8% | +16.0% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $18.4B | $18.5B | $18.4B | $18.3B | $18.1B | $18.0B | $18.1B | $18.1B |
| YoY | — | — | — | — | -1.7% | -2.6% | -1.6% | -1.4% |
| 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.
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $617.0M | $1.0B | $-185.0M | $774.0M | $535.0M | $942.0M | $-113.0M | $640.0M |
| YoY | — | — | — | — | -13.3% | -8.6% | +38.9% | -17.3% |
| Capital expenditures | $248.0M | $271.0M | $193.0M | $227.0M | $287.0M | $252.0M | $145.0M | $159.0M |
| YoY | — | — | — | — | +15.7% | -7.0% | -24.9% | -30.0% |
| Free cash flow | $369.0M | $760.0M | $-378.0M | $547.0M | $248.0M | $690.0M | $-258.0M | $481.0M |
| YoY | — | — | — | — | -32.8% | -9.2% | +31.7% | -12.1% |
| 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 | 7.8% | 8.0% | 4.6% | 8.2% | 5.2% | 5.6% | 7.0% | 6.6% |
| Operating margin | 3.9% | 4.3% | 0.8% | 1.9% | 1.1% | 2.1% | 3.2% | 2.6% |
| Net margin | 2.6% | 2.6% | 0.1% | 0.4% | 0.3% | 0.6% | 1.9% | 1.3% |
| Free cash flow margin | 2.7% | 5.6% | -2.9% | 3.9% | 1.8% | 4.8% | -1.9% | 3.5% |
| Effective tax rate | 23.4% | 23.4% | 53.3% | 64.2% | 14.7% | 29.1% | 26.5% | 30.1% |
| Current ratio | 2.04x | 2.11x | 1.67x | 1.73x | 1.55x | 1.53x | 1.83x | 1.43x |
| Total liabilities / equity | — | — | — | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Consumer Staples), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| TSN FY25 · this stock | $54.4B | +2.1% | 6.5% | 2.0% | 0.9% | 2.2% |
| WMT FY26 | $713.2B | +4.7% | — | 4.2% | 3.1% | 2.1% |
| COST FY26 | $303.2B | +10.1% | — | 3.9% | 3.0% | 3.1% |
| KR FY26 | $147.6B | +0.4% | — | 1.3% | 0.7% | — |
| PEP FY25 | $93.9B | +2.3% | 54.1% | 12.2% | 8.8% | — |
| PG FY26 | $87.0B | +3.3% | — | 22.7% | 18.4% | 17.4% |
| SYY FY26 | $84.6B | +3.9% | 18.5% | 3.7% | 2.1% | — |
| ADM FY25 | $80.3B | -6.2% | 6.3% | — | 1.3% | 5.2% |
| KO FY25 | $47.9B | +1.9% | 61.6% | 28.7% | 27.3% | 11.0% |
| PM FY25 | $40.6B | +7.3% | 67.1% | 36.6% | 27.9% | 26.2% |
| MDLZ FY25 | $38.5B | +5.8% | 28.4% | 9.2% | 6.4% | 8.4% |
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.