NasdaqGM:QQQ Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 23	1,527	50,037	203
30 Sep 22	1,442	-48,949	214
30 Sep 21	1,196	38,473	187
30 Sep 20	947	41,560	115
30 Sep 19	775	1,549	80
30 Sep 18	662	15,158	72
30 Sep 17	565	9,803	53
30 Sep 16	520	5,918	43
30 Sep 15	513	1,234	42
30 Sep 14	770	10,042	49

Quality Earnings: QQQ has a large one-off gain of $48.9B impacting its last 12 months of financial results to 30th September, 2023.

Growing Profit Margin: QQQ became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if QQQ's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: QQQ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: QQQ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).

Return on Equity

High ROE: QQQ's Return on Equity (25.5%) is considered high.

Return on Assets

Return on Capital Employed

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 07:09
End of Day Share Price	2024/12/27 00:00
Earnings	2023/09/30
Annual Earnings	2023/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Invesco QQQ Trust, Series 1 is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Invesco QQQ Trust Series 1 Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Recent updates

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