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.9.8%
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.10.7%
MissProfitable every yearSteady profits, not one good year.5 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$2.0B
MissShare count not growingNot diluting owners. Falling means buybacks.+3.1% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.48.1%
Revenue
$11.6B
+30.1% vs prior year
5-year growth
+31.6%/yr
revenue, per year
Current ratio
5.96x
short-term assets / bills due
Free cash flow
$2.0B
17.4% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: 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 5
Revenue
$3.6B
+33.7% YoY
EPS
$1.16
vs $0.69
Op. margin
13.6%
+2.7 pts
Gross margin
47.7%
-0.9 pts
Free cash flow
$654.0M
Share count
-0.8%
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
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+3.7%
Institutions added 3.7% to their holdings. 760 bought, 803 sold.
Shares held by institutions835.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.0%
Cash runwayAt last year's cash burn
Cash flow positive
Shares outstandingLatest reported
1.3B
Earnings reports
Last 7
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 5
Results filedFeb 11
Results filedNov 4, 2025
Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days