The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/5Mixed
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.1.3%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$4.2B
PassShare count not growingNot diluting owners. Falling means buybacks.-14.0% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.6.3%
Revenue
$80.3B
-6.2% vs prior year
5-year growth
+4.5%/yr
revenue, per year
Total debt
$7.6B
Current ratio
1.37x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 4
Revenue
$22.7B
+7.2% YoY
EPS
$1.87
vs $0.45
Gross margin
8.5%
+2.0 pts
Free cash flow
$877.0M
Share count
+0.2%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
2.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+5.4%
Institutions added 5.4% to their holdings. 569 bought, 456 sold.
Shares held by institutions421.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-3.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $7.6B debt
Shares outstandingLatest reported
482M
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 5
Results filedFeb 3
Results filedNov 4, 2025
Results filedAug 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.