The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/5Mixed
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.17.6%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.0B
PassShare count not growingNot diluting owners. Falling means buybacks.-11.1% in 3 years
Revenue
$3.5B
+0.2% vs prior year
5-year growth
+7.8%/yr
revenue, per year
Total debt
$3.5B
Current ratio
1.42x
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%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 4
Revenue
$853.1M
-1.2% YoY
EPS
$0.70
vs $0.49
Op. margin
28.8%
+6.3 pts
Gross margin
76.1%
+4.1 pts
Free cash flow
$352.5M
Share count
-6.1%
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
84/ 100
This week
14
Normal week
2.7
vs normal
5.1x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-0.6%
Institutions cut 0.6% from their holdings. 280 bought, 276 sold. 2 quarters of net selling in a row.
Shares held by institutions244.4M
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
Owes more than it owns
Shares outstandingLatest reported
230M
Earnings reports
Last 12
Next reportIn 6 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