XYZ Q4 2025 Earnings — Income Statement Breakdown

For its Q4 2025 period (ending 2025-12-31), XYZ reported revenue of $6.3B, gross profit of $2.9B (45.9% gross margin), operating income of $485M, and net income of $116M (1.9% net margin). The flow of revenue into costs and profit is visualized below.

What changed

XYZ was profitable; revenue grew 2.2% quarter over quarter, and EPS beat consensus by $0.39.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+2.2%−74.9%−5.7 pp

EPS was $0.65 versus $0.26 expected.

XYZ Q4 2025 Income Statement

XYZ Q4 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$6.3B100%
Cost of Revenue−$3.4B54.1%
Gross Profit$2.9B45.9%
Research & Development−$711M11.4%
Selling, General & Administrative−$1.1B18.1%
Other Operating Expenses−$544M8.7%
Operating Income$485M7.8%
Interest Expense−$54M0.9%
Other Income, net$5M0.1%
Income Tax Expense−$86M1.4%
Net Income$116M1.9%

Source: original SEC filing (filed 2026-02-26). Accession 0001193125-26-076557. Data normalized by EarningsFyi.