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.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $24.1B | $29.3B | $32.7B | $35.9B | $40.0B |
| YoY | — | +21.6% | +11.4% | +10.0% | +11.3% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $15.8B | $18.8B | $21.0B | $23.6B | $24.0B |
| YoY | — | +19.0% | +11.6% | +12.4% | +1.7% |
| Pretax income | $16.1B | $18.1B | $21.0B | $23.9B | $24.2B |
| YoY | — | +12.9% | +16.0% | +13.7% | +1.2% |
| Income tax | $3.8B | $3.2B | $3.8B | $4.2B | $4.1B |
| YoY | — | -15.3% | +18.4% | +10.9% | -0.9% |
| Net income | $12.3B | $15.0B | $17.3B | $19.7B | $20.1B |
| YoY | — | +21.5% | +15.5% | +14.3% | +1.6% |
| EPS — basic | — | — | — | — | — |
| YoY | — | — | — | — | — |
| EPS — diluted | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Weighted shares — basic | — | — | — | — | — |
| Weighted shares — diluted | — | — | — | — | — |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $16.5B | $15.7B | $16.3B | $12.0B | $17.2B |
| YoY | — | -4.8% | +3.8% | -26.5% | +43.3% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $2.0B | $2.0B | $2.3B | $2.6B | $3.1B |
| YoY | — | +2.6% | +13.4% | +11.8% | +22.1% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $27.6B | $30.2B | $33.5B | $34.0B | $37.8B |
| YoY | — | +9.4% | +11.0% | +1.5% | +11.0% |
| Total assets | $82.9B | $85.5B | $90.5B | $94.5B | $99.6B |
| YoY | — | +3.1% | +5.8% | +4.4% | +5.4% |
| Total current liabilities | $15.7B | $20.9B | $23.1B | $26.5B | $35.0B |
| YoY | — | +32.5% | +10.8% | +14.8% | +32.2% |
| Total liabilities | $45.3B | $49.9B | $51.8B | $55.4B | $61.7B |
| YoY | — | +10.2% | +3.7% | +7.0% | +11.5% |
| Total equity | — | — | — | — | — |
| YoY | — | — | — | — | — |
| 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.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $15.2B | $18.8B | $20.8B | $19.9B | $23.1B |
| YoY | — | +23.8% | +10.1% | -3.9% | +15.6% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | $2.8B | $3.2B | $3.8B | $4.2B | $4.6B |
| YoY | — | +14.5% | +17.1% | +12.4% | +9.9% |
| Share repurchases | $8.7B | $11.6B | $12.1B | $16.7B | $18.3B |
| YoY | — | +33.6% | +4.4% | +38.1% | +9.6% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 65.6% | 64.2% | 64.3% | 65.7% | 60.0% |
| Net margin | 51.1% | 51.0% | 52.9% | 55.0% | 50.1% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 23.4% | 17.5% | 17.9% | 17.4% | 17.1% |
| Current ratio | 1.75x | 1.45x | 1.45x | 1.28x | 1.08x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Financials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| V FY25 · this stock | $40.0B | +11.3% | — | 60.0% | 50.1% | — |
| JPM FY25 | $182.4B | +2.8% | — | — | 31.3% | — |
| BAC FY25 | $113.1B | +6.8% | — | — | 27.0% | — |
| PGR FY25 | $87.7B | +16.3% | — | — | 12.9% | 19.6% |
| C FY25 | $85.2B | +5.6% | — | — | 16.8% | -87.0% |
| WFC FY25 | $83.7B | +1.7% | — | — | 25.5% | — |
| MS FY25 | $70.6B | +14.4% | — | — | 23.9% | — |
| CB FY25 | $59.4B | +6.5% | — | — | 17.4% | — |
| GS FY25 | $58.3B | +8.9% | — | — | 29.5% | -81.0% |
| AXP FY25 | $41.3B | +6.4% | — | — | 26.2% | 38.7% |
| USB FY25 | $28.7B | +4.4% | — | — | 26.4% | — |
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.