The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.1%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$440.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-4.5% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.19.4%
Revenue
$5.4B
+5.7% vs prior year
5-year growth
+12.0%/yr
revenue, per year
Total debt
$2.6B
Current ratio
2.30x
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 3
Revenue
$2.2B
+50.5% YoY
EPS
$0.96
vs $1.09
Op. margin
8.4%
-0.3 pts
Gross margin
19.8%
-0.9 pts
Free cash flow
$128.0M
Share count
+73.3%
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
48/ 100
This week
1
Normal week
1.1
vs normal
0.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.9%
Institutions added 4.9% to their holdings. 235 bought, 223 sold. 7 quarters of net buying in a row.
Shares held by institutions117.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+19.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have