Free-cash-flow proxy decreased 38.8%
Free-cash-flow proxy changed -38.8% from the comparable as-filed period.
$25.1M→$15.4M1 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →BHE financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Operating income increased 29.7%
Operating income changed +29.7% from the comparable as-filed period.
$23.7M→$30.7M1 prior comparisons
Current liabilities increased 47.0%
Current liabilities changed +47.0% from the comparable as-filed period.
$618.9M→$909.9M3 prior comparisons
Net debt decreased 92.4%
Net debt changed -92.4% from the comparable as-filed period.
-$69.0M→-$132.8M3 prior comparisons
Gross debt decreased 27.1%
Gross debt changed -27.1% from the comparable as-filed period.
$216.4M→$157.8M3 prior comparisons
Reported total debt decreased 27.1%
Reported total debt changed -27.1% from the comparable as-filed period.
$216.4M→$157.8M3 prior comparisons
Inventory / revenue moved 352 bp higher
Inventory / revenue changed +352 basis points from the comparable as-filed period.
72.44%→75.96%1 prior comparisons
Revenue increased 18.7%
Revenue changed +18.7% from the comparable as-filed period.
$702.6M→$834.1M1 prior comparisons
Inventory increased 24.5%
Inventory changed +24.5% from the comparable as-filed period.
$509.0M→$633.6M3 prior comparisons
Cash / debt moved 5224 bp higher
Cash / debt changed +5224 basis points from the comparable as-filed period.
131.91%→184.15%3 prior comparisons
Debt / assets moved 365 bp lower
Debt / assets changed -365 basis points from the comparable as-filed period.
10.47%→6.81%3 prior comparisons
Working capital / assets moved 543 bp lower
Working capital / assets changed -543 basis points from the comparable as-filed period.
39.49%→34.06%3 prior comparisons
Operating cash flow decreased 18.3%
Operating cash flow changed -18.3% from the comparable as-filed period.
$36.6M→$29.9M1 prior comparisons
Debt / revenue moved 1187 bp lower
Debt / revenue changed -1187 basis points from the comparable as-filed period.
30.80%→18.92%1 prior comparisons
Stock-based compensation increased 79.2%
Stock-based compensation changed +79.2% from the comparable as-filed period.
$5.3M→$9.5M1 prior comparisons
Cost of revenue increased 18.6%
Cost of revenue changed +18.6% from the comparable as-filed period.
$612.7M→$726.5M1 prior comparisons
Current assets increased 18.4%
Current assets changed +18.4% from the comparable as-filed period.
$1.4B→$1.7B3 prior comparisons
Gross profit increased 24.3%
Gross profit changed +24.3% from the comparable as-filed period.
$67.9M→$84.4M1 prior comparisons
Net income increased 20.2%
Net income changed +20.2% from the comparable as-filed period.
$14.3M→$17.1M1 prior comparisons
Operating cash flow / net income decreased 32.0%
Operating cash flow / net income changed -32.0% from the comparable as-filed period.
2.57→1.741 prior comparisons
Gross margin moved 45 bp higher
Gross margin changed +45 basis points from the comparable as-filed period.
9.67%→10.12%1 prior comparisons
Capital expenditure increased 26.4%
Capital expenditure changed +26.4% from the comparable as-filed period.
$11.5M→$14.5M1 prior comparisons
Selling, general & administrative increased 21.3%
Selling, general & administrative changed +21.3% from the comparable as-filed period.
$41.5M→$50.4M1 prior comparisons
Operating margin moved 31 bp higher
Operating margin changed +31 basis points from the comparable as-filed period.
3.37%→3.68%1 prior comparisons
Total assets increased 12.1%
Total assets changed +12.1% from the comparable as-filed period.
$2.1B→$2.3B3 prior comparisons
Trade receivables increased 15.2%
Trade receivables changed +15.2% from the comparable as-filed period.
$378.0M→$435.3M3 prior comparisons
Current ratio decreased 19.5%
Current ratio changed -19.5% from the comparable as-filed period.
2.32→1.873 prior comparisons
Free-cash-flow margin moved 173 bp lower
Free-cash-flow margin changed -173 basis points from the comparable as-filed period.
3.57%→1.84%1 prior comparisons
Operating cash-flow margin moved 162 bp lower
Operating cash-flow margin changed -162 basis points from the comparable as-filed period.
5.21%→3.59%1 prior comparisons
Receivables / revenue moved 161 bp lower
Receivables / revenue changed -161 basis points from the comparable as-filed period.
53.80%→52.19%1 prior comparisons
Capex / revenue moved 11 bp higher
Capex / revenue changed +11 basis points from the comparable as-filed period.
1.64%→1.74%1 prior comparisons
SBC / revenue moved 38 bp higher
SBC / revenue changed +38 basis points from the comparable as-filed period.
0.75%→1.14%1 prior comparisons
Shares outstanding increased 0.2%
Shares outstanding changed +0.2% from the comparable as-filed period. The change ranks at the 14th percentile of 7 prior comparable changes.
35,678,935→35,765,3417 prior comparisons
Working capital decreased 3.3%
Working capital changed -3.3% from the comparable as-filed period.
$816.5M→$789.3M3 prior comparisons
Cash & equivalents increased 1.8%
Cash & equivalents changed +1.8% from the comparable as-filed period.
$285.4M→$290.7M3 prior comparisons
Current long-term debt decreased 0.8%
Current long-term debt changed -0.8% from the comparable as-filed period.
$3.8M→$3.8M3 prior comparisons
Operating income increased 47.7%
Operating income changed +47.7% from the comparable as-filed period.
$20.5M→$30.3M1 prior comparisons
Current liabilities increased 34.3%
Current liabilities changed +34.3% from the comparable as-filed period.
$592.2M→$795.3M3 prior comparisons
Net debt decreased 132.9%
Net debt changed -132.9% from the comparable as-filed period.
-$57.5M→-$133.9M3 prior comparisons
Inventory / revenue moved 991 bp lower
Inventory / revenue changed -991 basis points from the comparable as-filed period.
79.92%→70.00%1 prior comparisons
Revenue increased 16.8%
Revenue changed +16.8% from the comparable as-filed period.
$665.7M→$777.5M1 prior comparisons
Current assets increased 13.5%
Current assets changed +13.5% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$1.4B→$1.6B3 prior comparisons
Cash / debt moved 4621 bp higher
Cash / debt changed +4621 basis points from the comparable as-filed period.
127.75%→173.96%3 prior comparisons
Working capital / assets moved 397 bp lower
Working capital / assets changed -397 basis points from the comparable as-filed period.
39.63%→35.66%3 prior comparisons
Trade receivables increased 22.3%
Trade receivables changed +22.3% from the comparable as-filed period.
$369.2M→$451.6M3 prior comparisons
Total assets increased 9.0%
Total assets changed +9.0% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$2.0B→$2.2B3 prior comparisons
Debt / revenue moved 784 bp lower
Debt / revenue changed -784 basis points from the comparable as-filed period.
31.12%→23.28%1 prior comparisons
Operating margin moved 81 bp higher
Operating margin changed +81 basis points from the comparable as-filed period.
3.08%→3.89%1 prior comparisons
Cash & equivalents increased 19.0%
Cash & equivalents changed +19.0% from the comparable as-filed period.
$264.6M→$314.8M3 prior comparisons
Operating cash flow changed across a sign change
Operating cash flow changed +1328.3% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
-$2.8M→$34.7M2 prior comparisons
Cost of revenue increased 17.3%
Cost of revenue changed +17.3% from the comparable as-filed period.
$577.6M→$677.6M1 prior comparisons
Operating cash-flow margin moved 488 bp higher
Operating cash-flow margin changed +488 basis points from the comparable as-filed period.
-0.42%→4.46%1 prior comparisons
Free-cash-flow proxy changed across a sign change
Free-cash-flow proxy changed +243.8% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
-$15.1M→$21.8M1 prior comparisons
Free-cash-flow margin moved 507 bp higher
Free-cash-flow margin changed +507 basis points from the comparable as-filed period.
-2.27%→2.80%1 prior comparisons
Net income changed across a low base
Net income changed +1945.5% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a low base.
$972,000→$19.9M1 prior comparisons
Gross margin moved 35 bp higher
Gross margin changed +35 basis points from the comparable as-filed period.
9.73%→10.08%1 prior comparisons
Gross profit increased 21.0%
Gross profit changed +21.0% from the comparable as-filed period.
$64.8M→$78.4M1 prior comparisons
Debt / assets moved 203 bp lower
Debt / assets changed -203 basis points from the comparable as-filed period.
10.20%→8.17%3 prior comparisons
Receivables / revenue moved 262 bp higher
Receivables / revenue changed +262 basis points from the comparable as-filed period.
55.47%→58.09%1 prior comparisons
Shares outstanding increased 0.0%
Shares outstanding changed +0.0% from the comparable as-filed period. The change ranks at the 0th percentile of 7 prior comparable changes. This reverses 3 consecutive comparable moves in the opposite direction.
35,910,705→35,919,9337 prior comparisons
Reported total debt decreased 12.6%
Reported total debt changed -12.6% from the comparable as-filed period.
$207.2M→$181.0M3 prior comparisons
Gross debt decreased 12.6%
Gross debt changed -12.6% from the comparable as-filed period.
$207.2M→$181.0M3 prior comparisons
Current ratio decreased 15.5%
Current ratio changed -15.5% from the comparable as-filed period.
2.36→1.993 prior comparisons
Inventory increased 2.3%
Inventory changed +2.3% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$532.0M→$544.3M3 prior comparisons
Stock-based compensation increased 17.0%
Stock-based compensation changed +17.0% from the comparable as-filed period.
$5.3M→$6.2M1 prior comparisons
Selling, general & administrative increased 13.7%
Selling, general & administrative changed +13.7% from the comparable as-filed period.
$40.6M→$46.1M1 prior comparisons
Capex / revenue moved 19 bp lower
Capex / revenue changed -19 basis points from the comparable as-filed period.
1.85%→1.66%1 prior comparisons
Working capital decreased 1.9%
Working capital changed -1.9% from the comparable as-filed period.
$804.8M→$789.7M3 prior comparisons
SBC / revenue moved 0 bp higher
SBC / revenue changed +0 basis points from the comparable as-filed period.
0.80%→0.80%1 prior comparisons
Operating cash flow / net income changed across a sign change
Operating cash flow / net income changed +160.0% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
-2.9→1.741 prior comparisons
Current long-term debt decreased 2.1%
Current long-term debt changed -2.1% from the comparable as-filed period.
$3.8M→$3.8M3 prior comparisons
Capital expenditure increased 5.0%
Capital expenditure changed +5.0% from the comparable as-filed period.
$12.3M→$12.9M1 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.