The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-0.2%
PassDebt under half of equityNot relying on borrowed money.0.20x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-0.3%
MissProfitable every yearSteady profits, not one good year.4 of 7 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$5.8B
PassShare count not growingNot diluting owners. Falling means buybacks.-19.7% in 3 years
Revenue
$6.7B
+104.3% vs prior year
5-year growth
+13.5%/yr
revenue, per year
Total debt
$2.0B
0.20x equity
Free cash flow
$5.8B
86.2% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 3
Revenue
$168.0M
+135.7% YoY
EPS
$9.16
vs $2.34
Free cash flow
$1.8B
Share count
-2.3%
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
2.0
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.6%
Institutions added 1.6% to their holdings. 232 bought, 241 sold. 2 quarters of net buying in a row.
Shares held by institutions63.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-6.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $2.8B debt
Shares outstandingLatest reported
68M
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 3
Results filedMay 5
Results filedFeb 18
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.