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.
| Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.6B | $1.5B | $1.8B | $1.7B | $1.7B | $1.5B |
| YoY | — | — | — | — | +31.1% | +24.9% | +6.1% | +2.0% |
| Cost of goods sold | $625.2M | $599.9M | $779.2M | $558.8M | $793.3M | $753.5M | $741.1M | $651.4M |
| YoY | — | — | — | — | +26.9% | +25.6% | -4.9% | +16.6% |
| Gross profit | $727.9M | $759.9M | $803.3M | $945.0M | $980.5M | $945.5M | $938.7M | $882.5M |
| YoY | — | — | — | — | +34.7% | +24.4% | +16.9% | -6.6% |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $714.3M | $578.5M | $632.3M | $616.6M | $761.6M | $651.8M | $616.0M | $596.0M |
| YoY | — | — | — | — | +6.6% | +12.7% | -2.6% | -3.3% |
| Operating income | $-297.2M | $-132.1M | $-3.8B | $21.6M | $-98.0M | $-38.7M | $10.9M | $-35.5M |
| YoY | — | — | — | — | +67.0% | +70.7% | +100.3% | -264.4% |
| Pretax income | $-324.3M | $-152.9M | $-3.8B | $-13.8M | $-115.5M | $-55.8M | $-12.7M | $-49.3M |
| YoY | — | — | — | — | +64.4% | +63.5% | +99.7% | -257.2% |
| Income tax | $41.2M | $-27.7M | $-75.7M | $-1.9M | $18.4M | $37.1M | $46.8M | $-15.2M |
| YoY | — | — | — | — | -55.3% | +233.9% | +161.8% | -700.0% |
| Net income | $-365.5M | $-125.2M | $-3.7B | $-11.9M | $-133.9M | $-92.9M | $-59.5M | $-34.1M |
| YoY | — | — | — | — | +63.4% | +25.8% | +98.4% | -186.6% |
| EPS — basic | $-2.08 | $-0.71 | — | $-0.07 | $-0.73 | $-0.50 | — | $-0.18 |
| YoY | — | — | — | — | +64.9% | +29.6% | — | -157.1% |
| EPS — diluted | $-2.08 | $-0.71 | — | $-0.07 | $-0.73 | $-0.50 | — | $-0.18 |
| YoY | — | — | — | — | +64.9% | +29.6% | — | -157.1% |
| Weighted shares — basic | 175.4M | 176.0M | — | 180.8M | 184.6M | 185.0M | — | 186.2M |
| Weighted shares — diluted | — | — | — | — | — | — | — | — |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $876.1M | $1.2B | $1.5B | $2.0B | $1.9B | $2.2B | $1.5B | $1.4B |
| YoY | — | — | — | — | +113.3% | +79.0% | +6.1% | -32.6% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $858.9M | $662.3M | $771.1M | $657.7M | $1.2B | $824.1M | $737.0M | $606.9M |
| YoY | — | — | — | — | +35.7% | +24.4% | -4.4% | -7.7% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $2.7B | $2.4B | $2.8B | $3.3B | $3.8B | $3.7B | $3.2B | $3.0B |
| YoY | — | — | — | — | +41.0% | +53.2% | +13.6% | -9.9% |
| Total assets | $13.1B | $12.7B | $9.2B | $9.7B | $10.1B | $10.0B | $9.4B | $9.1B |
| YoY | — | — | — | — | -22.9% | -21.1% | +2.2% | -6.4% |
| Total current liabilities | $3.2B | $2.9B | $3.6B | $2.8B | $3.3B | $3.2B | $2.6B | $2.8B |
| YoY | — | — | — | — | +3.3% | +11.8% | -28.4% | -1.2% |
| Total liabilities | $7.3B | $7.0B | $7.0B | $6.2B | $6.6B | $6.5B | $5.9B | $5.5B |
| YoY | — | — | — | — | -8.6% | -6.6% | -16.6% | -12.1% |
| Total equity | $5.8B | $5.7B | $2.1B | $3.5B | $3.4B | $3.5B | $3.5B | $3.6B |
| YoY | — | — | — | — | -40.8% | -38.7% | +64.2% | +3.7% |
| Shares outstanding | 175.5M | 176.4M | 177.1M | 184.4M | 184.7M | 185.1M | 185.4M | 187.0M |
| YoY | — | — | — | — | +5.2% | +4.9% | +4.7% | +1.4% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $-128.4M | $-4.8M | $279.0M | $-44.7M | $128.4M | $305.2M | $235.4M | $-168.8M |
| YoY | — | — | — | — | +200.0% | +6458.3% | -15.6% | -277.6% |
| Capital expenditures | $36.8M | $43.4M | $54.1M | $25.1M | $31.9M | $69.0M | $36.8M | $25.0M |
| YoY | — | — | — | — | -13.3% | +59.0% | -32.0% | -0.4% |
| Free cash flow | $-165.2M | $-48.2M | $224.9M | $-69.8M | $96.5M | $236.2M | $198.6M | $-193.8M |
| YoY | — | — | — | — | +158.4% | +590.0% | -11.7% | -177.7% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 53.8% | 55.9% | 50.8% | 62.8% | 55.3% | 55.7% | 55.9% | 57.5% |
| Operating margin | -22.0% | -9.7% | -238.7% | 1.4% | -5.5% | -2.3% | 0.6% | -2.3% |
| Net margin | -27.0% | -9.2% | -235.5% | -0.8% | -7.5% | -5.5% | -3.5% | -2.2% |
| Free cash flow margin | -12.2% | -3.5% | 14.2% | -4.6% | 5.4% | 13.9% | 11.8% | -12.6% |
| Effective tax rate | -12.7% | 18.1% | 2.0% | 13.8% | -15.9% | -66.5% | -368.5% | 30.8% |
| Current ratio | 0.85x | 0.83x | 0.78x | 1.16x | 1.15x | 1.14x | 1.24x | 1.06x |
| Total liabilities / equity | 1.25x | 1.22x | 3.29x | 1.78x | 1.94x | 1.86x | 1.67x | 1.51x |
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 |
|---|---|---|---|---|---|---|
| TTWO FY26 · this stock | $6.7B | +18.2% | 57.2% | -1.6% | -4.5% | 6.9% |
| 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.