Operating income increased 51.7%
Operating income changed +51.7% from the comparable as-filed period.
$341.1M→$517.3M2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →HAS financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Gross margin moved 574 bp higher
Gross margin changed +574 basis points from the comparable as-filed period.
70.14%→75.88%2 prior comparisons
Operating margin moved 784 bp higher
Operating margin changed +784 basis points from the comparable as-filed period.
24.58%→32.43%2 prior comparisons
Inventory / revenue moved 609 bp lower
Inventory / revenue changed -609 basis points from the comparable as-filed period.
28.59%→22.50%2 prior comparisons
Current assets increased 34.4%
Current assets changed +34.4% from the comparable as-filed period.
$2.4B→$3.2B3 prior comparisons
Current liabilities increased 63.7%
Current liabilities changed +63.7% from the comparable as-filed period.
$1.4B→$2.3B3 prior comparisons
Debt / assets moved 530 bp lower
Debt / assets changed -530 basis points from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
60.10%→54.81%3 prior comparisons
Total assets increased 16.0%
Total assets changed +16.0% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$5.5B→$6.4B3 prior comparisons
Capital expenditure increased 49.7%
Capital expenditure changed +49.7% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$19.7M→$29.5M2 prior comparisons
Revenue increased 15.0%
Revenue changed +15.0% from the comparable as-filed period.
$1.4B→$1.6B2 prior comparisons
Noncurrent long-term debt decreased 21.2%
Noncurrent long-term debt changed -21.2% from the comparable as-filed period.
$3.3B→$2.6B3 prior comparisons
Operating cash flow increased 7.9%
Operating cash flow changed +7.9% from the comparable as-filed period.
$280.6M→$302.9M2 prior comparisons
Debt / revenue moved 1915 bp lower
Debt / revenue changed -1915 basis points from the comparable as-filed period.
239.19%→220.04%2 prior comparisons
Working capital / assets moved 359 bp lower
Working capital / assets changed -359 basis points from the comparable as-filed period.
18.04%→14.45%3 prior comparisons
Receivables / revenue moved 213 bp lower
Receivables / revenue changed -213 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
71.73%→69.60%2 prior comparisons
Gross debt increased 5.8%
Gross debt changed +5.8% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$3.3B→$3.5B3 prior comparisons
Selling, general & administrative increased 15.4%
Selling, general & administrative changed +15.4% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$287.3M→$331.5M2 prior comparisons
Free-cash-flow proxy increased 4.8%
Free-cash-flow proxy changed +4.8% from the comparable as-filed period.
$260.9M→$273.4M2 prior comparisons
Capex / revenue moved 43 bp higher
Capex / revenue changed +43 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
1.42%→1.85%2 prior comparisons
Shares outstanding decreased 0.3%
Shares outstanding changed -0.3% from the comparable as-filed period. The change ranks at the 0th percentile of 8 prior comparable changes. This reverses 7 consecutive comparable moves in the opposite direction.
140,337,023→139,862,5898 prior comparisons
Trade receivables increased 11.6%
Trade receivables changed +11.6% from the comparable as-filed period.
$995.2M→$1.1B3 prior comparisons
Current long-term debt changed across a zero base
Current long-term debt changed from 0 to 893900000 USD in the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a zero base.
$0→$893.9M2 prior comparisons
Inventory decreased 9.5%
Inventory changed -9.5% from the comparable as-filed period.
$396.7M→$358.9M3 prior comparisons
Current ratio decreased 17.9%
Current ratio changed -17.9% from the comparable as-filed period.
1.7→1.43 prior comparisons
Free-cash-flow margin moved 167 bp lower
Free-cash-flow margin changed -167 basis points from the comparable as-filed period.
18.80%→17.14%2 prior comparisons
Operating cash-flow margin moved 124 bp lower
Operating cash-flow margin changed -124 basis points from the comparable as-filed period.
20.22%→18.99%2 prior comparisons
Research & development increased 5.9%
Research & development changed +5.9% from the comparable as-filed period.
$97.6M→$103.4M2 prior comparisons
Working capital decreased 7.1%
Working capital changed -7.1% from the comparable as-filed period.
$996.4M→$925.6M3 prior comparisons
R&D / revenue moved 55 bp lower
R&D / revenue changed -55 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
7.03%→6.48%2 prior comparisons
SBC / revenue moved 36 bp lower
SBC / revenue changed -36 basis points from the comparable as-filed period.
1.74%→1.39%2 prior comparisons
Cost of revenue decreased 7.1%
Cost of revenue changed -7.1% from the comparable as-filed period.
$414.3M→$384.8M2 prior comparisons
Stock-based compensation decreased 8.7%
Stock-based compensation changed -8.7% from the comparable as-filed period.
$24.2M→$22.1M2 prior comparisons
Free-cash-flow proxy increased 348.7%
Free-cash-flow proxy changed +348.7% from the comparable as-filed period.
$55.2M→$247.7M3 prior comparisons
Operating cash flow increased 274.1%
Operating cash flow changed +274.1% from the comparable as-filed period.
$71.3M→$266.7M3 prior comparisons
Operating margin moved 10354 bp higher
Operating margin changed +10354 basis points from the comparable as-filed period.
-81.38%→22.16%2 prior comparisons
Inventory / revenue moved 1153 bp lower
Inventory / revenue changed -1153 basis points from the comparable as-filed period.
42.53%→30.99%2 prior comparisons
Current liabilities increased 39.7%
Current liabilities changed +39.7% from the comparable as-filed period.
$1.2B→$1.7B3 prior comparisons
Current assets increased 39.6%
Current assets changed +39.6% from the comparable as-filed period.
$2.0B→$2.8B3 prior comparisons
Debt / assets moved 557 bp lower
Debt / assets changed -557 basis points from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
64.18%→58.61%3 prior comparisons
Working capital increased 39.5%
Working capital changed +39.5% from the comparable as-filed period.
$813.4M→$1.1B3 prior comparisons
Stock-based compensation increased 96.1%
Stock-based compensation changed +96.1% from the comparable as-filed period.
$12.9M→$25.3M3 prior comparisons
Total assets increased 16.7%
Total assets changed +16.7% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$5.2B→$6.0B3 prior comparisons
Revenue increased 16.2%
Revenue changed +16.2% from the comparable as-filed period.
$980.8M→$1.1B2 prior comparisons
Gross margin moved 93 bp lower
Gross margin changed -93 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
77.03%→76.10%2 prior comparisons
Receivables / revenue moved 722 bp lower
Receivables / revenue changed -722 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
73.19%→65.96%2 prior comparisons
Operating income changed across a sign change
Operating income changed +131.6% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
-$798.2M→$252.5M2 prior comparisons
Research & development increased 20.8%
Research & development changed +20.8% from the comparable as-filed period.
$77.5M→$93.6M2 prior comparisons
Debt / revenue moved 2811 bp lower
Debt / revenue changed -2811 basis points from the comparable as-filed period.
338.59%→310.48%2 prior comparisons
Selling, general & administrative increased 19.8%
Selling, general & administrative changed +19.8% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$282.8M→$338.7M2 prior comparisons
Gross debt increased 6.5%
Gross debt changed +6.5% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$3.3B→$3.5B3 prior comparisons
Operating cash-flow margin moved 1613 bp higher
Operating cash-flow margin changed +1613 basis points from the comparable as-filed period.
7.27%→23.40%2 prior comparisons
Working capital / assets moved 307 bp higher
Working capital / assets changed +307 basis points from the comparable as-filed period.
15.72%→18.79%3 prior comparisons
Free-cash-flow margin moved 1611 bp higher
Free-cash-flow margin changed +1611 basis points from the comparable as-filed period.
5.63%→21.74%2 prior comparisons
Inventory decreased 15.3%
Inventory changed -15.3% from the comparable as-filed period.
$417.1M→$353.2M3 prior comparisons
Cost of revenue increased 20.9%
Cost of revenue changed +20.9% from the comparable as-filed period.
$225.3M→$272.4M2 prior comparisons
Noncurrent long-term debt decreased 8.4%
Noncurrent long-term debt changed -8.4% from the comparable as-filed period.
$3.3B→$3.0B3 prior comparisons
Capex / revenue moved 3 bp higher
Capex / revenue changed +3 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
1.64%→1.67%2 prior comparisons
Current long-term debt changed across a zero base
Current long-term debt changed from 0 to 497000000 USD in the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a zero base.
$0→$497.0M2 prior comparisons
SBC / revenue moved 90 bp higher
SBC / revenue changed +90 basis points from the comparable as-filed period.
1.32%→2.22%2 prior comparisons
Capital expenditure increased 18.0%
Capital expenditure changed +18.0% from the comparable as-filed period.
$16.1M→$19.0M3 prior comparisons
Shares outstanding increased 0.6%
Shares outstanding changed +0.6% from the comparable as-filed period. The change ranks at the 38th percentile of 8 prior comparable changes.
140,232,540→141,044,4678 prior comparisons
Trade receivables increased 4.7%
Trade receivables changed +4.7% from the comparable as-filed period.
$717.8M→$751.7M3 prior comparisons
R&D / revenue moved 31 bp higher
R&D / revenue changed +31 basis points from the comparable as-filed period.
7.90%→8.21%2 prior comparisons
Current ratio decreased 0.1%
Current ratio changed -0.1% from the comparable as-filed period.
1.66→1.663 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.