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 | $8.9B | $9.6B | $9.5B | $9.6B | $10.2B | $10.7B | $10.9B | $11.2B |
| YoY | — | — | — | — | +14.3% | +11.5% | +14.6% | +17.1% |
| Cost of goods sold | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Operating income | $5.9B | $6.3B | $6.2B | $5.4B | $6.2B | $6.1B | $6.7B | $7.2B |
| YoY | — | — | — | — | +4.0% | -3.2% | +8.1% | +33.1% |
| Pretax income | $6.0B | $6.4B | $6.2B | $5.4B | $6.3B | $6.2B | $6.7B | $7.2B |
| YoY | — | — | — | — | +5.7% | -2.3% | +8.5% | +31.9% |
| Income tax | $1.1B | $1.1B | $1.1B | $861.0M | $1.1B | $1.1B | $873.0M | $1.2B |
| YoY | — | — | — | — | -5.0% | +7.5% | -19.2% | +33.9% |
| Net income | $4.9B | $5.3B | $5.1B | $4.6B | $5.3B | $5.1B | $5.9B | $6.0B |
| YoY | — | — | — | — | +8.2% | -4.3% | +14.3% | +31.5% |
| 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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $12.9B | $12.0B | $12.4B | $11.7B | $17.1B | $17.2B | $14.8B | $12.4B |
| YoY | — | — | — | — | +32.0% | +43.3% | +19.3% | +5.7% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $2.5B | $2.6B | $2.6B | $2.7B | $2.9B | $3.1B | $3.2B | $3.4B |
| YoY | — | — | — | — | +15.8% | +22.1% | +24.7% | +25.2% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $31.0B | $34.0B | $32.6B | $32.9B | $38.4B | $37.8B | $35.0B | $31.6B |
| YoY | — | — | — | — | +23.7% | +11.0% | +7.3% | -4.0% |
| Total assets | $91.0B | $94.5B | $91.9B | $92.9B | $100.0B | $99.6B | $96.8B | $95.0B |
| YoY | — | — | — | — | +9.9% | +5.4% | +5.4% | +2.4% |
| Total current liabilities | $22.6B | $26.5B | $29.1B | $30.4B | $34.4B | $35.0B | $31.5B | $29.1B |
| YoY | — | — | — | — | +52.3% | +32.2% | +8.2% | -4.3% |
| Total liabilities | $51.3B | $55.4B | $53.6B | $54.8B | $61.4B | $61.7B | $58.0B | $59.4B |
| YoY | — | — | — | — | +19.6% | +11.5% | +8.3% | +8.3% |
| 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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.1B | $6.7B | $5.4B | $4.7B | $6.7B | $6.2B | $6.8B | $3.0B |
| YoY | — | — | — | — | +31.1% | -6.4% | +25.6% | -35.9% |
| Capital expenditures | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Dividends paid | $1.1B | $1.0B | $1.2B | $1.2B | $1.2B | $1.1B | $1.3B | $1.3B |
| YoY | — | — | — | — | +9.3% | +10.1% | +10.5% | +10.5% |
| Share repurchases | $4.5B | $5.8B | $4.0B | $4.6B | $4.8B | $4.9B | $3.7B | $7.9B |
| YoY | — | — | — | — | +5.6% | -15.7% | -7.1% | +71.9% |
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 | 66.7% | 66.0% | 65.6% | 56.6% | 60.7% | 57.3% | 61.8% | 64.4% |
| Net margin | 54.7% | 55.3% | 53.8% | 47.7% | 51.8% | 47.5% | 53.7% | 53.6% |
| Free cash flow margin | — | — | — | — | — | — | — | — |
| Effective tax rate | 18.7% | 16.5% | 17.4% | 15.8% | 16.8% | 18.2% | 13.0% | 16.1% |
| Current ratio | 1.37x | 1.28x | 1.12x | 1.08x | 1.12x | 1.08x | 1.11x | 1.09x |
| 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.