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 | $628.0M | $741.0M | $616.0M | $694.0M | $739.4M | $846.8M | $688.9M | $715.1M |
| YoY | — | — | — | — | +17.7% | +14.3% | +11.8% | +3.0% |
| Cost of goods sold | $122.7M | $135.3M | $142.8M | $151.0M | $162.2M | $163.1M | $182.0M | $184.3M |
| YoY | — | — | — | — | +32.2% | +20.5% | +27.5% | +22.1% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | $117.7M | $127.9M | $132.4M | $134.3M | $127.9M | $130.6M | $142.7M | $140.7M |
| YoY | — | — | — | — | +8.7% | +2.1% | +7.8% | +4.8% |
| Selling, general & administrative | $279.2M | $282.5M | $286.3M | $292.0M | $288.2M | $296.2M | $297.5M | $288.4M |
| YoY | — | — | — | — | +3.2% | +4.8% | +3.9% | -1.2% |
| Operating income | $108.5M | $195.3M | $54.5M | $116.8M | $161.2M | $256.9M | $66.6M | $101.6M |
| YoY | — | — | — | — | +48.6% | +31.5% | +22.2% | -13.0% |
| Pretax income | $127.2M | $221.6M | $75.8M | $133.2M | $179.5M | $270.3M | $79.0M | $113.1M |
| YoY | — | — | — | — | +41.1% | +22.0% | +4.2% | -15.1% |
| Income tax | $33.0M | $39.4M | $25.1M | $43.1M | $64.0M | $83.3M | $39.0M | $48.7M |
| YoY | — | — | — | — | +93.9% | +111.4% | +55.4% | +13.0% |
| Net income | $94.2M | $182.2M | $50.7M | $90.1M | $115.5M | $186.9M | $40.0M | $64.4M |
| YoY | — | — | — | — | +22.6% | +2.6% | -21.1% | -28.5% |
| EPS — basic | $0.19 | — | $0.10 | $0.18 | $0.24 | — | $0.08 | $0.14 |
| YoY | — | — | — | — | +26.3% | — | -20.0% | -22.2% |
| EPS — diluted | $0.19 | — | $0.10 | $0.18 | $0.23 | — | $0.08 | $0.14 |
| YoY | — | — | — | — | +21.1% | — | -20.0% | -22.2% |
| Weighted shares — basic | 491.6M | — | 494.9M | 490.6M | 487.7M | — | 474.7M | 468.4M |
| Weighted shares — diluted | 502.6M | — | 502.9M | 495.8M | 493.0M | — | 476.9M | 469.9M |
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 | $1.2B | $1.4B | $1.1B | $896.4M | $653.1M | $658.2M | $878.4M | $1.1B |
| YoY | — | — | — | — | -46.5% | -51.9% | -21.5% | +25.3% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $3.0B | $3.3B | $3.1B | $3.3B | $3.5B | $3.8B | $3.3B | $3.2B |
| YoY | — | — | — | — | +16.4% | +13.2% | +8.9% | -1.7% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $4.8B | $5.3B | $4.9B | $5.1B | $5.1B | $5.3B | $4.9B | $4.8B |
| YoY | — | — | — | — | +5.8% | -1.4% | +0.1% | -4.7% |
| Total assets | $5.5B | $6.1B | $5.7B | $6.0B | $5.9B | $6.2B | $5.7B | $5.8B |
| YoY | — | — | — | — | +7.9% | +0.7% | +0.5% | -3.2% |
| Total current liabilities | $2.6B | $2.9B | $2.7B | $2.9B | $3.0B | $3.3B | $2.9B | $2.8B |
| YoY | — | — | — | — | +14.5% | +13.7% | +7.8% | -5.3% |
| Total liabilities | $2.9B | $3.2B | $3.0B | $3.3B | $3.3B | $3.7B | $3.3B | $3.2B |
| YoY | — | — | — | — | +16.0% | +16.0% | +9.8% | -2.2% |
| Total equity | $2.6B | $2.9B | $2.7B | $2.7B | $2.6B | $2.5B | $2.5B | $2.6B |
| YoY | — | — | — | — | -1.0% | -15.8% | -9.7% | -4.5% |
| 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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $273.3M | $199.4M | $291.4M | $165.0M | $224.7M | $311.6M | $391.8M | $153.6M |
| YoY | — | — | — | — | -17.8% | +56.3% | +34.5% | -6.9% |
| Capital expenditures | $48.7M | $20.2M | $59.1M | $45.2M | $66.3M | $26.3M | $112.7M | $13.2M |
| YoY | — | — | — | — | +36.1% | +30.2% | +90.7% | -70.8% |
| Free cash flow | $224.6M | $179.2M | $232.3M | $119.8M | $158.4M | $285.3M | $279.1M | $140.4M |
| YoY | — | — | — | — | -29.5% | +59.2% | +20.1% | +17.2% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $52.1M | $57.4M | $386.2M | $260.8M | $310.4M | $422.9M | $163.5M | $77.8M |
| YoY | — | — | — | — | +495.8% | +636.8% | -57.7% | -70.2% |
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 | 17.3% | 26.4% | 8.8% | 16.8% | 21.8% | 30.3% | 9.7% | 14.2% |
| Net margin | 15.0% | 24.6% | 8.2% | 13.0% | 15.6% | 22.1% | 5.8% | 9.0% |
| Free cash flow margin | 35.8% | 24.2% | 37.7% | 17.3% | 21.4% | 33.7% | 40.5% | 19.6% |
| Effective tax rate | 25.9% | 17.8% | 33.1% | 32.4% | 35.7% | 30.8% | 49.4% | 43.1% |
| Current ratio | 1.85x | 1.86x | 1.81x | 1.71x | 1.71x | 1.61x | 1.68x | 1.72x |
| Total liabilities / equity | 1.10x | 1.07x | 1.10x | 1.21x | 1.28x | 1.48x | 1.34x | 1.24x |
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 |
|---|---|---|---|---|---|---|
| TTD FY25 · this stock | $2.9B | +18.5% | — | 20.3% | 15.3% | 27.5% |
| 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% | — |
| T FY25 | $125.6B | +2.7% | — | 19.2% | 17.5% | — |
| 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% |
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.