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 | $133.6B | $136.8B | $134.0B | $134.8B | $138.2B |
| YoY | — | +2.4% | -2.1% | +0.6% | +2.5% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $28.7B | $30.1B | $32.7B | $34.1B | $33.8B |
| YoY | — | +5.2% | +8.7% | +4.2% | -0.9% |
| Operating income | $32.4B | $30.5B | $22.9B | $28.7B | $29.3B |
| YoY | — | -6.1% | -24.9% | +25.4% | +2.0% |
| Pretax income | $29.4B | $28.3B | $17.0B | $23.0B | $22.7B |
| YoY | — | -3.9% | -39.9% | +35.3% | -1.3% |
| Income tax | $6.8B | $6.5B | $4.9B | $5.0B | $5.1B |
| YoY | — | -4.1% | -25.0% | +2.8% | +0.7% |
| Net income | $22.1B | $21.3B | $11.6B | $17.5B | $17.2B |
| YoY | — | -3.7% | -45.4% | +50.7% | -1.9% |
| EPS — basic | $5.32 | $5.06 | $2.76 | $4.15 | $4.06 |
| YoY | — | -4.9% | -45.5% | +50.4% | -2.2% |
| EPS — diluted | $5.32 | $5.06 | $2.75 | $4.14 | $4.06 |
| YoY | — | -4.9% | -45.7% | +50.5% | -1.9% |
| Weighted shares — basic | 4.15B | 4.20B | 4.21B | 4.22B | 4.23B |
| Weighted shares — diluted | 4.15B | 4.20B | 4.21B | 4.22B | 4.23B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $2.9B | $2.6B | $2.1B | $4.2B | $19.0B |
| YoY | — | -10.8% | -20.7% | +103.1% | +354.2% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Inventory | $3.1B | $2.4B | $2.1B | $2.2B | $2.4B |
| YoY | — | -21.8% | -13.9% | +9.2% | +8.6% |
| Total current assets | $36.7B | $37.9B | $36.8B | $40.5B | $56.9B |
| YoY | — | +3.1% | -2.8% | +10.1% | +40.5% |
| Total assets | $366.6B | $379.7B | $380.3B | $384.7B | $404.3B |
| YoY | — | +3.6% | +0.2% | +1.2% | +5.1% |
| Total current liabilities | $47.2B | $50.2B | $53.2B | $64.8B | $62.4B |
| YoY | — | +6.4% | +6.1% | +21.7% | -3.7% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| 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 | $39.5B | $37.1B | $37.5B | $36.9B | $37.1B |
| YoY | — | -6.1% | +0.9% | -1.5% | +0.6% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | $10.4B | $10.8B | $11.0B | $11.2B | $11.5B |
| YoY | — | +3.4% | +2.0% | +2.0% | +2.1% |
| Share repurchases | — | — | — | — | — |
| YoY | — | — | — | — | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 24.3% | 22.3% | 17.1% | 21.3% | 21.2% |
| Net margin | 16.5% | 15.5% | 8.7% | 13.0% | 12.4% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 23.1% | 23.1% | 28.8% | 21.9% | 22.3% |
| Current ratio | 0.78x | 0.75x | 0.69x | 0.63x | 0.91x |
| Total liabilities / equity | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| VZ FY25 · this stock | $138.2B | +2.5% | — | 21.2% | 12.4% | — |
| GOOGL FY25 | $402.8B | +15.1% | — | 32.0% | 32.8% | 18.2% |
| META FY25 | $201.0B | +22.2% | — | 41.4% | 30.1% | 22.9% |
| 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% |
| FOXA FY23 | $14.9B | +6.7% | — | — | — | 9.7% |
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.