Gross margin moved 112 bp lower
Gross margin changed -112 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
31.27%→30.15%2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →APG financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Trade receivables increased 22.1%
Trade receivables changed +22.1% from the comparable as-filed period.
$1.6B→$1.9B3 prior comparisons
Cost of revenue increased 24.5%
Cost of revenue changed +24.5% from the comparable as-filed period.
$1.4B→$1.8B2 prior comparisons
Stock-based compensation increased 30.0%
Stock-based compensation changed +30.0% from the comparable as-filed period.
$10.0M→$13.0M2 prior comparisons
Noncurrent long-term debt increased 16.7%
Noncurrent long-term debt changed +16.7% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$2.8B→$3.2B4 prior comparisons
Operating cash-flow margin moved 232 bp lower
Operating cash-flow margin changed -232 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
11.13%→8.81%2 prior comparisons
Operating margin moved 9 bp higher
Operating margin changed +9 basis points from the comparable as-filed period.
7.82%→7.91%2 prior comparisons
Current assets increased 13.2%
Current assets changed +13.2% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$3.0B→$3.4B4 prior comparisons
Debt / revenue moved 766 bp higher
Debt / revenue changed +766 basis points from the comparable as-filed period.
132.28%→139.94%2 prior comparisons
Gross profit increased 18.1%
Gross profit changed +18.1% from the comparable as-filed period.
$652.0M→$770.0M2 prior comparisons
Free-cash-flow margin moved 189 bp lower
Free-cash-flow margin changed -189 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
9.64%→7.75%2 prior comparisons
Operating cash flow decreased 3.0%
Operating cash flow changed -3.0% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$232.0M→$225.0M2 prior comparisons
Free-cash-flow proxy decreased 1.5%
Free-cash-flow proxy changed -1.5% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$201.0M→$198.0M2 prior comparisons
Selling, general & administrative increased 16.2%
Selling, general & administrative changed +16.2% from the comparable as-filed period.
$489.0M→$568.0M2 prior comparisons
Shares outstanding increased 2.2%
Shares outstanding changed +2.2% from the comparable as-filed period. The change ranks at the 12th percentile of 8 prior comparable changes.
415,905,916→425,258,4538 prior comparisons
Inventory / revenue moved 3 bp higher
Inventory / revenue changed +3 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
7.10%→7.13%2 prior comparisons
Capex / revenue moved 43 bp lower
Capex / revenue changed -43 basis points from the comparable as-filed period.
1.49%→1.06%2 prior comparisons
SBC / revenue moved 3 bp higher
SBC / revenue changed +3 basis points from the comparable as-filed period.
0.48%→0.51%2 prior comparisons
Capital expenditure decreased 12.9%
Capital expenditure changed -12.9% from the comparable as-filed period.
$31.0M→$27.0M2 prior comparisons
Receivables / revenue moved 25 bp lower
Receivables / revenue changed -25 basis points from the comparable as-filed period.
74.92%→74.67%2 prior comparisons
Working capital increased 14.3%
Working capital changed +14.3% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$865.0M→$989.0M4 prior comparisons
Revenue increased 13.3%
Revenue changed +13.3% from the comparable as-filed period.
$2.0B→$2.3B2 prior comparisons
Operating margin moved 58 bp higher
Operating margin changed +58 basis points from the comparable as-filed period.
7.19%→7.76%2 prior comparisons
Free-cash-flow proxy decreased 7.1%
Free-cash-flow proxy changed -7.1% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$56.0M→$52.0M3 prior comparisons
Net debt increased 15.0%
Net debt changed +15.0% 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.
$2.3B→$2.7B4 prior comparisons
Noncurrent long-term debt increased 16.9%
Noncurrent long-term debt changed +16.9% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$2.8B→$3.2B4 prior comparisons
Gross margin moved 28 bp higher
Gross margin changed +28 basis points from the comparable as-filed period.
30.90%→31.19%2 prior comparisons
Debt / revenue moved 1781 bp higher
Debt / revenue changed +1781 basis points from the comparable as-filed period.
138.49%→156.30%2 prior comparisons
Trade receivables increased 13.0%
Trade receivables changed +13.0% from the comparable as-filed period.
$1.5B→$1.7B3 prior comparisons
Gross profit increased 14.3%
Gross profit changed +14.3% from the comparable as-filed period.
$615.0M→$703.0M2 prior comparisons
Cost of revenue increased 12.8%
Cost of revenue changed +12.8% from the comparable as-filed period.
$1.4B→$1.6B2 prior comparisons
Selling, general & administrative increased 11.9%
Selling, general & administrative changed +11.9% from the comparable as-filed period.
$472.0M→$528.0M2 prior comparisons
Shares outstanding increased 3.9%
Shares outstanding changed +3.9% from the comparable as-filed period. The change ranks at the 25th percentile of 8 prior comparable changes.
415,888,477→432,160,2978 prior comparisons
Capital expenditure increased 14.8%
Capital expenditure changed +14.8% from the comparable as-filed period.
$27.0M→$31.0M3 prior comparisons
Current ratio decreased 4.0%
Current ratio changed -4.0% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
1.45→1.394 prior comparisons
SBC / revenue moved 2 bp lower
SBC / revenue changed -2 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
0.55%→0.53%2 prior comparisons
Inventory / revenue moved 11 bp lower
Inventory / revenue changed -11 basis points from the comparable as-filed period.
7.74%→7.63%2 prior comparisons
Operating cash flow unchangedd 0.0%
Operating cash flow changed +0.0% from the comparable as-filed period.
$83.0M→$83.0M3 prior comparisons
Stock-based compensation increased 9.1%
Stock-based compensation changed +9.1% from the comparable as-filed period.
$11.0M→$12.0M3 prior comparisons
Capex / revenue moved 2 bp higher
Capex / revenue changed +2 basis points from the comparable as-filed period.
1.36%→1.38%2 prior comparisons
Free-cash-flow margin moved 51 bp lower
Free-cash-flow margin changed -51 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
2.81%→2.31%2 prior comparisons
Operating cash-flow margin moved 49 bp lower
Operating cash-flow margin changed -49 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
4.17%→3.68%2 prior comparisons
Working capital / assets moved 19 bp lower
Working capital / assets changed -19 basis points 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.
10.13%→9.94%4 prior comparisons
Receivables / revenue moved 19 bp lower
Receivables / revenue changed -19 basis points from the comparable as-filed period.
75.88%→75.69%2 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.