Inventory / revenue moved 831 bp lower
Inventory / revenue changed -831 basis points from the comparable as-filed period.
65.44%→57.13%2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →MIR financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Gross profit increased 25.8%
Gross profit changed +25.8% from the comparable as-filed period.
$104.5M→$131.5M2 prior comparisons
Stock-based compensation increased 57.8%
Stock-based compensation changed +57.8% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$4.5M→$7.1M2 prior comparisons
Cost of revenue increased 23.4%
Cost of revenue changed +23.4% from the comparable as-filed period.
$118.6M→$146.3M2 prior comparisons
Debt / revenue moved 3955 bp lower
Debt / revenue changed -3955 basis points from the comparable as-filed period.
199.37%→159.83%2 prior comparisons
Selling, general & administrative increased 19.5%
Selling, general & administrative changed +19.5% from the comparable as-filed period.
$87.0M→$104.0M2 prior comparisons
Gross margin moved 50 bp higher
Gross margin changed +50 basis points from the comparable as-filed period.
46.84%→47.34%2 prior comparisons
Net debt changed across a sign change
Net debt changed +107.2% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change. This reverses 3 consecutive comparable moves in the opposite direction.
-$488.4M→$35.3M3 prior comparisons
Free-cash-flow margin moved 1120 bp higher
Free-cash-flow margin changed +1120 basis points from the comparable as-filed period.
5.83%→17.03%2 prior comparisons
Operating cash-flow margin moved 1131 bp higher
Operating cash-flow margin changed +1131 basis points from the comparable as-filed period.
10.00%→21.31%2 prior comparisons
Current liabilities increased 4.5%
Current liabilities changed +4.5% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$287.0M→$299.8M4 prior comparisons
Capital expenditure increased 28.0%
Capital expenditure changed +28.0% from the comparable as-filed period.
$9.3M→$11.9M2 prior comparisons
Receivables / revenue moved 183 bp lower
Receivables / revenue changed -183 basis points from the comparable as-filed period.
67.23%→65.41%2 prior comparisons
SBC / revenue moved 54 bp higher
SBC / revenue changed +54 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
2.02%→2.56%2 prior comparisons
Noncurrent long-term debt increased 0.2%
Noncurrent long-term debt changed +0.2% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$443.2M→$444.0M4 prior comparisons
Inventory increased 8.7%
Inventory changed +8.7% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$146.0M→$158.7M4 prior comparisons
R&D / revenue moved 82 bp lower
R&D / revenue changed -82 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
4.53%→3.71%2 prior comparisons
Research & development increased 2.0%
Research & development changed +2.0% from the comparable as-filed period.
$10.1M→$10.3M2 prior comparisons
Capex / revenue moved 12 bp higher
Capex / revenue changed +12 basis points from the comparable as-filed period.
4.17%→4.28%2 prior comparisons
Total assets increased 0.2%
Total assets changed +0.2% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$3.5B→$3.5B4 prior comparisons
Debt / assets moved 4 bp lower
Debt / assets changed -4 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
12.72%→12.68%4 prior comparisons
Gross debt decreased 0.2%
Gross debt changed -0.2% from the comparable as-filed period. The change ranks at the 46th percentile of 13 prior comparable changes.
$444.8M→$444.0M13 prior comparisons
Free-cash-flow proxy changed across a low base
Free-cash-flow proxy changed +1236.1% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a low base.
$3.6M→$48.1M3 prior comparisons
Selling, general & administrative increased 27.2%
Selling, general & administrative changed +27.2% from the comparable as-filed period.
$82.6M→$105.1M2 prior comparisons
Inventory / revenue moved 535 bp lower
Inventory / revenue changed -535 basis points from the comparable as-filed period.
65.10%→59.75%2 prior comparisons
Stock-based compensation increased 109.1%
Stock-based compensation changed +109.1% from the comparable as-filed period.
$3.3M→$6.9M3 prior comparisons
Debt / assets moved 360 bp lower
Debt / assets changed -360 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
16.25%→12.65%4 prior comparisons
Cash / debt moved 3500 bp higher
Cash / debt changed +3500 basis points from the comparable as-filed period.
59.02%→94.03%3 prior comparisons
Debt / revenue moved 3269 bp lower
Debt / revenue changed -3269 basis points from the comparable as-filed period.
199.60%→166.90%2 prior comparisons
Receivables / revenue moved 262 bp higher
Receivables / revenue changed +262 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
63.80%→66.42%2 prior comparisons
Free-cash-flow margin moved 1641 bp higher
Free-cash-flow margin changed +1641 basis points from the comparable as-filed period.
1.62%→18.03%2 prior comparisons
Operating cash-flow margin moved 1636 bp higher
Operating cash-flow margin changed +1636 basis points from the comparable as-filed period.
5.56%→21.93%2 prior comparisons
Working capital / assets moved 221 bp higher
Working capital / assets changed +221 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
15.37%→17.58%4 prior comparisons
SBC / revenue moved 111 bp higher
SBC / revenue changed +111 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
1.48%→2.59%2 prior comparisons
Inventory increased 9.9%
Inventory changed +9.9% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$145.1M→$159.4M4 prior comparisons
Cost of revenue increased 11.0%
Cost of revenue changed +11.0% from the comparable as-filed period.
$120.4M→$133.7M2 prior comparisons
Capital expenditure increased 18.2%
Capital expenditure changed +18.2% from the comparable as-filed period.
$8.8M→$10.4M3 prior comparisons
R&D / revenue moved 70 bp lower
R&D / revenue changed -70 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
4.49%→3.79%2 prior comparisons
Capex / revenue moved 5 bp lower
Capex / revenue changed -5 basis points from the comparable as-filed period.
3.95%→3.90%2 prior comparisons
Current liabilities increased 3.4%
Current liabilities changed +3.4% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$272.4M→$281.6M4 prior comparisons
Research & development increased 1.0%
Research & development changed +1.0% from the comparable as-filed period.
$10.0M→$10.1M2 prior comparisons
Gross debt increased 0.1%
Gross debt changed +0.1% from the comparable as-filed period. The change ranks at the 25th percentile of 12 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$444.9M→$445.3M12 prior comparisons
Noncurrent long-term debt decreased 0.2%
Noncurrent long-term debt changed -0.2% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$444.5M→$443.7M4 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.