Free-cash-flow proxy increased 97.7%
Free-cash-flow proxy changed +97.7% from the comparable as-filed period.
$92.2M→$182.2M2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →BTSG financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Operating income increased 82.7%
Operating income changed +82.7% from the comparable as-filed period.
$87.8M→$160.5M2 prior comparisons
Revenue increased 26.4%
Revenue changed +26.4% from the comparable as-filed period.
$3.3B→$4.2B2 prior comparisons
Cash & equivalents increased 411.5%
Cash & equivalents changed +411.5% from the comparable as-filed period.
$140.3M→$717.8M3 prior comparisons
Operating cash flow increased 89.3%
Operating cash flow changed +89.3% from the comparable as-filed period.
$107.9M→$204.3M2 prior comparisons
Net income increased 79.3%
Net income changed +79.3% from the comparable as-filed period.
$55.8M→$100.1M2 prior comparisons
Inventory / revenue moved 323 bp lower
Inventory / revenue changed -323 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
19.17%→15.94%2 prior comparisons
Net debt decreased 38.4%
Net debt changed -38.4% from the comparable as-filed period.
$2.4B→$1.5B3 prior comparisons
Gross profit increased 32.3%
Gross profit changed +32.3% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$392.0M→$518.5M2 prior comparisons
Operating margin moved 117 bp higher
Operating margin changed +117 basis points from the comparable as-filed period.
2.63%→3.81%2 prior comparisons
Debt / assets moved 679 bp lower
Debt / assets changed -679 basis points from the comparable as-filed period.
41.61%→34.82%3 prior comparisons
Debt / revenue moved 2371 bp lower
Debt / revenue changed -2371 basis points from the comparable as-filed period.
75.50%→51.79%2 prior comparisons
Cash / debt moved 2732 bp higher
Cash / debt changed +2732 basis points from the comparable as-filed period.
5.58%→32.90%3 prior comparisons
Capital expenditure increased 40.1%
Capital expenditure changed +40.1% from the comparable as-filed period.
$15.8M→$22.1M2 prior comparisons
Gross margin moved 55 bp higher
Gross margin changed +55 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
11.76%→12.31%2 prior comparisons
Current long-term debt decreased 32.0%
Current long-term debt changed -32.0% from the comparable as-filed period.
$51.9M→$35.3M3 prior comparisons
Working capital / assets moved 350 bp lower
Working capital / assets changed -350 basis points from the comparable as-filed period.
20.34%→16.83%3 prior comparisons
Selling, general & administrative increased 17.7%
Selling, general & administrative changed +17.7% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$304.2M→$358.1M2 prior comparisons
Shares outstanding increased 10.3%
Shares outstanding changed +10.3% from the comparable as-filed period. The change ranks at the 40th percentile of 5 prior comparable changes.
180,352,297→198,984,6125 prior comparisons
Reported total debt decreased 13.3%
Reported total debt changed -13.3% from the comparable as-filed period.
$2.5B→$2.2B3 prior comparisons
Gross debt decreased 13.3%
Gross debt changed -13.3% from the comparable as-filed period.
$2.5B→$2.2B3 prior comparisons
Noncurrent long-term debt decreased 12.9%
Noncurrent long-term debt changed -12.9% from the comparable as-filed period.
$2.5B→$2.1B3 prior comparisons
Trade receivables increased 20.1%
Trade receivables changed +20.1% from the comparable as-filed period.
$1.0B→$1.2B3 prior comparisons
Receivables / revenue moved 151 bp lower
Receivables / revenue changed -151 basis points from the comparable as-filed period.
30.38%→28.87%2 prior comparisons
Working capital decreased 14.3%
Working capital changed -14.3% from the comparable as-filed period.
$1.2B→$1.1B3 prior comparisons
Current liabilities increased 10.4%
Current liabilities changed +10.4% from the comparable as-filed period.
$1.5B→$1.7B3 prior comparisons
Operating cash-flow margin moved 161 bp higher
Operating cash-flow margin changed +161 basis points from the comparable as-filed period.
3.24%→4.85%2 prior comparisons
Free-cash-flow margin moved 156 bp higher
Free-cash-flow margin changed +156 basis points from the comparable as-filed period.
2.76%→4.33%2 prior comparisons
Total assets increased 3.6%
Total assets changed +3.6% from the comparable as-filed period.
$6.0B→$6.3B3 prior comparisons
Capex / revenue moved 5 bp higher
Capex / revenue changed +5 basis points from the comparable as-filed period.
0.47%→0.52%2 prior comparisons
Current ratio decreased 9.9%
Current ratio changed -9.9% from the comparable as-filed period.
1.79→1.623 prior comparisons
SBC / revenue moved 9 bp lower
SBC / revenue changed -9 basis points from the comparable as-filed period.
0.52%→0.42%2 prior comparisons
Stock-based compensation increased 3.6%
Stock-based compensation changed +3.6% from the comparable as-filed period.
$17.3M→$17.9M2 prior comparisons
Operating cash flow / net income increased 5.6%
Operating cash flow / net income changed +5.6% from the comparable as-filed period.
1.93→2.040 prior comparisons
Inventory increased 5.1%
Inventory changed +5.1% from the comparable as-filed period.
$639.2M→$671.6M3 prior comparisons
Current assets decreased 0.5%
Current assets changed -0.5% from the comparable as-filed period.
$2.8B→$2.8B3 prior comparisons
Shares outstanding increased 11.7%
Shares outstanding changed +11.7% from the comparable as-filed period. The change ranks at the 100th percentile of 5 prior comparable changes.
177,148,693→197,864,2415 prior comparisons
Free-cash-flow proxy decreased 39.6%
Free-cash-flow proxy changed -39.6% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$24.7M→$14.9M3 prior comparisons
Operating income increased 168.5%
Operating income changed +168.5% from the comparable as-filed period.
$48.6M→$130.4M2 prior comparisons
Cash & equivalents increased 685.5%
Cash & equivalents changed +685.5% from the comparable as-filed period.
$70.1M→$550.4M3 prior comparisons
Net income increased 198.8%
Net income changed +198.8% from the comparable as-filed period.
$28.2M→$84.3M2 prior comparisons
Revenue increased 23.0%
Revenue changed +23.0% from the comparable as-filed period.
$3.1B→$3.9B2 prior comparisons
Inventory / revenue moved 502 bp lower
Inventory / revenue changed -502 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
19.87%→14.85%2 prior comparisons
Net debt decreased 33.3%
Net debt changed -33.3% from the comparable as-filed period.
$2.5B→$1.6B3 prior comparisons
Operating margin moved 182 bp higher
Operating margin changed +182 basis points from the comparable as-filed period.
1.54%→3.37%2 prior comparisons
Gross profit increased 31.5%
Gross profit changed +31.5% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$374.9M→$492.7M2 prior comparisons
Working capital / assets moved 395 bp lower
Working capital / assets changed -395 basis points from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
19.22%→15.28%3 prior comparisons
Working capital decreased 20.0%
Working capital changed -20.0% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$1.1B→$914.3M3 prior comparisons
Gross margin moved 81 bp higher
Gross margin changed +81 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
11.91%→12.72%2 prior comparisons
Cash / debt moved 2235 bp higher
Cash / debt changed +2235 basis points from the comparable as-filed period.
2.77%→25.12%3 prior comparisons
Debt / assets moved 595 bp lower
Debt / assets changed -595 basis points from the comparable as-filed period.
42.55%→36.60%3 prior comparisons
Debt / revenue moved 2377 bp lower
Debt / revenue changed -2377 basis points from the comparable as-filed period.
80.34%→56.56%2 prior comparisons
Operating cash flow decreased 10.5%
Operating cash flow changed -10.5% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$49.1M→$43.9M3 prior comparisons
Operating cash flow / net income decreased 70.1%
Operating cash flow / net income changed -70.1% from the comparable as-filed period.
1.74→0.520 prior comparisons
Current long-term debt decreased 18.5%
Current long-term debt changed -18.5% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$50.8M→$41.4M3 prior comparisons
Gross debt decreased 13.4%
Gross debt changed -13.4% from the comparable as-filed period.
$2.5B→$2.2B3 prior comparisons
Reported total debt decreased 13.4%
Reported total debt changed -13.4% from the comparable as-filed period.
$2.5B→$2.2B3 prior comparisons
Noncurrent long-term debt decreased 13.3%
Noncurrent long-term debt changed -13.3% from the comparable as-filed period.
$2.5B→$2.1B3 prior comparisons
Inventory decreased 8.1%
Inventory changed -8.1% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$625.5M→$575.0M3 prior comparisons
Capital expenditure increased 18.9%
Capital expenditure changed +18.9% from the comparable as-filed period.
$24.4M→$29.0M3 prior comparisons
Trade receivables increased 17.1%
Trade receivables changed +17.1% from the comparable as-filed period.
$972.7M→$1.1B3 prior comparisons
Current assets decreased 6.7%
Current assets changed -6.7% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$2.6B→$2.5B3 prior comparisons
Current ratio decreased 9.7%
Current ratio changed -9.7% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
1.76→1.593 prior comparisons
Receivables / revenue moved 148 bp lower
Receivables / revenue changed -148 basis points from the comparable as-filed period.
30.90%→29.42%2 prior comparisons
Selling, general & administrative increased 11.1%
Selling, general & administrative changed +11.1% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$326.3M→$362.4M2 prior comparisons
Stock-based compensation decreased 14.5%
Stock-based compensation changed -14.5% from the comparable as-filed period.
$22.8M→$19.5M3 prior comparisons
Current liabilities increased 3.3%
Current liabilities changed +3.3% from the comparable as-filed period.
$1.5B→$1.6B3 prior comparisons
SBC / revenue moved 22 bp lower
SBC / revenue changed -22 basis points from the comparable as-filed period.
0.72%→0.50%2 prior comparisons
Capex / revenue moved 3 bp lower
Capex / revenue changed -3 basis points from the comparable as-filed period.
0.78%→0.75%2 prior comparisons
Total assets increased 0.7%
Total assets changed +0.7% from the comparable as-filed period.
$5.9B→$6.0B3 prior comparisons
Operating cash-flow margin moved 43 bp lower
Operating cash-flow margin changed -43 basis points from the comparable as-filed period.
1.56%→1.13%2 prior comparisons
Free-cash-flow margin moved 40 bp lower
Free-cash-flow margin changed -40 basis points from the comparable as-filed period.
0.78%→0.38%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.