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 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $169.6B | $180.6B | $165.6B | $177.4B | $179.5B | $190.7B | $177.8B | $187.9B |
| YoY | — | — | — | — | +5.8% | +5.6% | +7.3% | +5.9% |
| Cost of goods sold | $127.3B | $136.2B | $124.3B | $132.8B | $134.7B | $143.6B | $133.1B | $138.8B |
| YoY | — | — | — | — | +5.8% | +5.5% | +7.0% | +4.5% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $35.5B | $36.5B | $34.2B | $37.3B | $38.1B | $38.3B | $37.2B | $39.8B |
| YoY | — | — | — | — | +7.2% | +5.0% | +8.9% | +6.4% |
| Operating income | $6.7B | $7.9B | $7.1B | $7.3B | $6.7B | $8.7B | $7.5B | $9.4B |
| YoY | — | — | — | — | -0.2% | +10.8% | +5.0% | +28.8% |
| Pretax income | $6.1B | $7.0B | $6.0B | $9.3B | $8.2B | $6.0B | $7.1B | $8.0B |
| YoY | — | — | — | — | +34.2% | -14.3% | +19.3% | -14.0% |
| Income tax | $1.4B | $1.5B | $1.4B | $2.2B | $2.1B | $1.6B | $1.7B | $1.5B |
| YoY | — | — | — | — | +51.6% | +2.6% | +22.4% | -31.6% |
| Net income | $4.6B | $5.3B | $4.5B | $7.0B | $6.1B | $4.2B | $5.3B | $6.4B |
| YoY | — | — | — | — | +34.2% | -19.4% | +18.8% | -9.4% |
| EPS — basic | $0.57 | — | $0.56 | $0.88 | $0.77 | — | $0.67 | $0.80 |
| YoY | — | — | — | — | +35.1% | — | +19.6% | -9.1% |
| EPS — diluted | $0.57 | — | $0.56 | $0.88 | $0.77 | — | $0.67 | $0.80 |
| YoY | — | — | — | — | +35.1% | — | +19.6% | -9.1% |
| Weighted shares — basic | 8.04B | — | 8.01B | 7.98B | 7.97B | — | 7.97B | 7.95B |
| Weighted shares — diluted | 8.08B | — | 8.05B | 8.02B | 8.01B | — | 8.00B | 7.98B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $10.0B | $9.0B | $9.3B | $9.4B | $10.6B | $10.7B | $10.7B | $11.5B |
| YoY | — | — | — | — | +5.3% | +18.7% | +15.2% | +22.2% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $10.0B | $10.0B | $9.7B | $10.5B | $12.1B | $11.2B | $10.7B | $11.1B |
| YoY | — | — | — | — | +20.7% | +12.0% | +10.1% | +5.3% |
| Inventory | $63.3B | $56.4B | $57.5B | $57.7B | $65.4B | $58.9B | $62.6B | $61.6B |
| YoY | — | — | — | — | +3.2% | +4.3% | +8.9% | +6.7% |
| Total current assets | $86.9B | $79.5B | $80.3B | $82.0B | $92.9B | $84.9B | $88.4B | $88.7B |
| YoY | — | — | — | — | +6.9% | +6.8% | +10.1% | +8.1% |
| Total assets | $263.4B | $260.8B | $262.4B | $270.8B | $288.7B | $284.7B | $289.6B | $293.9B |
| YoY | — | — | — | — | +9.6% | +9.1% | +10.4% | +8.5% |
| Total current liabilities | $102.6B | $96.6B | $102.9B | $103.6B | $115.7B | $107.5B | $114.6B | $115.6B |
| YoY | — | — | — | — | +12.8% | +11.3% | +11.3% | +11.6% |
| Total liabilities | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total equity | $88.1B | $91.0B | $83.8B | $90.1B | $96.1B | $99.6B | $94.3B | $98.2B |
| YoY | — | — | — | — | +9.1% | +9.5% | +12.6% | +9.0% |
| 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 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.6B | $13.5B | $5.4B | $12.9B | $9.1B | $14.1B | $4.7B | $15.0B |
| YoY | — | — | — | — | +38.7% | +4.3% | -12.4% | +15.7% |
| Capital expenditures | $6.2B | $7.1B | $5.0B | $6.4B | $7.2B | $8.0B | $6.7B | $7.5B |
| YoY | — | — | — | — | +16.6% | +13.1% | +34.1% | +16.7% |
| Free cash flow | $372.0M | $6.4B | $425.0M | $6.5B | $1.9B | $6.1B | $-1.9B | $7.5B |
| YoY | — | — | — | — | +405.9% | -5.3% | -557.9% | +14.7% |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $977.0M | $1.4B | $4.6B | $1.6B | $808.0M | $1.1B | $2.1B | $3.0B |
| YoY | — | — | — | — | -17.3% | -25.3% | -54.3% | +83.8% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 4.0% | 4.4% | 4.3% | 4.1% | 3.7% | 4.6% | 4.2% | 5.0% |
| Net margin | 2.7% | 2.9% | 2.7% | 4.0% | 3.4% | 2.2% | 3.0% | 3.4% |
| Free cash flow margin | 0.2% | 3.6% | 0.3% | 3.7% | 1.0% | 3.2% | -1.1% | 4.0% |
| Effective tax rate | 22.7% | 22.1% | 22.6% | 23.3% | 25.6% | 26.4% | 23.2% | 18.5% |
| Current ratio | 0.85x | 0.82x | 0.78x | 0.79x | 0.80x | 0.79x | 0.77x | 0.77x |
| Total liabilities / equity | — | — | — | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Consumer Staples), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| WMT FY26 · this stock | $713.2B | +4.7% | — | 4.2% | 3.1% | 2.1% |
| COST FY26 | $303.2B | +10.1% | — | 3.9% | 3.0% | 3.1% |
| KR FY26 | $147.6B | +0.4% | — | 1.3% | 0.7% | — |
| PEP FY25 | $93.9B | +2.3% | 54.1% | 12.2% | 8.8% | — |
| PG FY26 | $87.0B | +3.3% | — | 22.7% | 18.4% | 17.4% |
| SYY FY26 | $84.6B | +3.9% | 18.5% | 3.7% | 2.1% | — |
| ADM FY25 | $80.3B | -6.2% | 6.3% | — | 1.3% | 5.2% |
| TSN FY25 | $54.4B | +2.1% | 6.5% | 2.0% | 0.9% | 2.2% |
| KO FY25 | $47.9B | +1.9% | 61.6% | 28.7% | 27.3% | 11.0% |
| PM FY25 | $40.6B | +7.3% | 67.1% | 36.6% | 27.9% | 26.2% |
| MDLZ FY25 | $38.5B | +5.8% | 28.4% | 9.2% | 6.4% | 8.4% |
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.