Operating margin moved 80 bp lower
Operating margin changed -80 basis points from the comparable as-filed period.
5.29%→4.49%2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →AN financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Inventory / revenue moved 283 bp higher
Inventory / revenue changed +283 basis points from the comparable as-filed period.
49.58%→52.41%2 prior comparisons
Operating income decreased 15.5%
Operating income changed -15.5% from the comparable as-filed period.
$372.4M→$314.6M2 prior comparisons
Free-cash-flow proxy increased 8.8%
Free-cash-flow proxy changed +8.8% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$122.8M→$133.6M2 prior comparisons
Operating cash flow increased 9.2%
Operating cash flow changed +9.2% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$191.7M→$209.3M2 prior comparisons
Total assets increased 9.9%
Total assets changed +9.9% from the comparable as-filed period.
$14.2B→$15.6B3 prior comparisons
Gross margin moved 37 bp lower
Gross margin changed -37 basis points from the comparable as-filed period.
17.60%→17.23%2 prior comparisons
Working capital decreased 15.7%
Working capital changed -15.7% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
-$1.2B→-$1.4B4 prior comparisons
Revenue decreased 0.4%
Revenue changed -0.4% from the comparable as-filed period.
$7.0B→$7.0B2 prior comparisons
Capex / revenue moved 10 bp higher
Capex / revenue changed +10 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
0.98%→1.08%2 prior comparisons
Capital expenditure increased 9.9%
Capital expenditure changed +9.9% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$68.9M→$75.7M2 prior comparisons
Trade receivables decreased 10.6%
Trade receivables changed -10.6% from the comparable as-filed period.
$621.9M→$555.8M3 prior comparisons
Inventory increased 5.3%
Inventory changed +5.3% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$3.5B→$3.7B4 prior comparisons
Receivables / revenue moved 91 bp lower
Receivables / revenue changed -91 basis points from the comparable as-filed period.
8.84%→7.93%2 prior comparisons
Current liabilities increased 4.0%
Current liabilities changed +4.0% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$5.9B→$6.1B4 prior comparisons
Operating cash-flow margin moved 26 bp higher
Operating cash-flow margin changed +26 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
2.72%→2.99%2 prior comparisons
Free-cash-flow margin moved 16 bp higher
Free-cash-flow margin changed +16 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
1.74%→1.91%2 prior comparisons
Selling, general & administrative decreased 0.1%
Selling, general & administrative changed -0.1% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$850.1M→$849.1M2 prior comparisons
SBC / revenue moved 1 bp lower
SBC / revenue changed -1 basis points from the comparable as-filed period.
0.14%→0.13%2 prior comparisons
Working capital / assets moved 45 bp lower
Working capital / assets changed -45 basis points from the comparable as-filed period.
-8.60%→-9.05%3 prior comparisons
Cost of revenue increased 0.1%
Cost of revenue changed +0.1% from the comparable as-filed period.
$5.8B→$5.8B2 prior comparisons
Stock-based compensation decreased 6.1%
Stock-based compensation changed -6.1% from the comparable as-filed period.
$9.9M→$9.3M2 prior comparisons
Current ratio decreased 2.9%
Current ratio changed -2.9% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
0.79→0.774 prior comparisons
Current assets increased 1.0%
Current assets changed +1.0% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$4.7B→$4.7B4 prior comparisons
Gross profit decreased 2.5%
Gross profit changed -2.5% from the comparable as-filed period.
$1.2B→$1.2B2 prior comparisons
Inventory / revenue moved 454 bp higher
Inventory / revenue changed +454 basis points from the comparable as-filed period.
49.40%→53.94%2 prior comparisons
Working capital decreased 26.0%
Working capital changed -26.0% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
-$1.1B→-$1.4B4 prior comparisons
Total assets increased 14.1%
Total assets changed +14.1% from the comparable as-filed period.
$13.6B→$15.5B3 prior comparisons
Gross margin moved 52 bp lower
Gross margin changed -52 basis points from the comparable as-filed period.
18.29%→17.77%2 prior comparisons
Current liabilities increased 8.9%
Current liabilities changed +8.9% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$5.7B→$6.2B4 prior comparisons
Free-cash-flow margin moved 165 bp higher
Free-cash-flow margin changed +165 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
-3.68%→-2.03%2 prior comparisons
Operating cash-flow margin moved 152 bp higher
Operating cash-flow margin changed +152 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
-2.55%→-1.03%2 prior comparisons
Revenue decreased 0.6%
Revenue changed -0.6% from the comparable as-filed period.
$7.0B→$6.9B2 prior comparisons
Capex / revenue moved 13 bp lower
Capex / revenue changed -13 basis points from the comparable as-filed period.
1.13%→1.00%2 prior comparisons
Inventory increased 8.5%
Inventory changed +8.5% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$3.4B→$3.7B4 prior comparisons
Capital expenditure decreased 11.9%
Capital expenditure changed -11.9% from the comparable as-filed period.
$79.0M→$69.6M3 prior comparisons
Working capital / assets moved 83 bp lower
Working capital / assets changed -83 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
-7.90%→-8.73%3 prior comparisons
Current ratio decreased 3.7%
Current ratio changed -3.7% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
0.81→0.784 prior comparisons
Current assets increased 4.9%
Current assets changed +4.9% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$4.6B→$4.8B4 prior comparisons
Stock-based compensation decreased 2.2%
Stock-based compensation changed -2.2% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$8.9M→$8.7M3 prior comparisons
Trade receivables decreased 4.5%
Trade receivables changed -4.5% from the comparable as-filed period.
$628.7M→$600.3M3 prior comparisons
SBC / revenue moved 0 bp lower
SBC / revenue changed -0 basis points from the comparable as-filed period.
0.13%→0.13%2 prior comparisons
Cost of revenue decreased 0.0%
Cost of revenue changed -0.0% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$5.7B→$5.7B2 prior comparisons
Selling, general & administrative increased 0.2%
Selling, general & administrative changed +0.2% from the comparable as-filed period.
$854.7M→$856.3M2 prior comparisons
Receivables / revenue moved 35 bp lower
Receivables / revenue changed -35 basis points from the comparable as-filed period.
9.01%→8.66%2 prior comparisons
Gross profit decreased 3.5%
Gross profit changed -3.5% from the comparable as-filed period.
$1.3B→$1.2B2 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.