The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.29.3%
MissDebt under half of equityNot relying on borrowed money.0.55x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.20.3%
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.$652.6M
PassShare count not growingNot diluting owners. Falling means buybacks.-1.0% in 3 years
Revenue
$3.2B
+7.0% vs prior year
5-year growth
+6.0%/yr
revenue, per year
Total debt
$1.4B
0.55x equity
Current ratio
1.73x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 4, 2026
Reported Aug 4
Revenue
$1.6B
+113.4% YoY
EPS
-$1.39
vs $2.47
Op. margin
-5.2%
-29.6 pts
Free cash flow
$153.0M
Share count
+64.6%
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
0.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+4.7%
Institutions added 4.7% to their holdings. 494 bought, 606 sold. 3 quarters of net buying in a row.
Shares held by institutions99.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+18.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $4.9B debt
Shares outstandingLatest reported
98M
Why moderate risk
Share count growing 18.3% a year (dilution)
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 5
Results filedFeb 9
Results filedNov 4, 2025
Results filedAug 4, 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.