Operating income decreased 41.4%
Operating income changed -41.4% from the comparable as-filed period.
$58.0M→$34.0M2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →OI financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Gross margin moved 613 bp lower
Gross margin changed -613 basis points from the comparable as-filed period.
18.15%→12.01%2 prior comparisons
Free-cash-flow proxy decreased 26.3%
Free-cash-flow proxy changed -26.3% from the comparable as-filed period.
$114.0M→$84.0M2 prior comparisons
Cash & equivalents decreased 31.8%
Cash & equivalents changed -31.8% from the comparable as-filed period.
$556.0M→$379.0M3 prior comparisons
Operating cash flow decreased 22.9%
Operating cash flow changed -22.9% from the comparable as-filed period.
$214.0M→$165.0M2 prior comparisons
Gross debt decreased 3.7%
Gross debt changed -3.7% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
$5.0B→$4.8B4 prior comparisons
Debt / revenue moved 583 bp lower
Debt / revenue changed -583 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
301.51%→295.69%2 prior comparisons
Gross profit decreased 35.0%
Gross profit changed -35.0% from the comparable as-filed period.
$300.0M→$195.0M2 prior comparisons
Operating margin moved 141 bp lower
Operating margin changed -141 basis points from the comparable as-filed period.
3.51%→2.09%0 prior comparisons
Current long-term debt increased 65.8%
Current long-term debt changed +65.8% from the comparable as-filed period.
$38.0M→$63.0M3 prior comparisons
Cash / debt moved 326 bp lower
Cash / debt changed -326 basis points from the comparable as-filed period.
11.16%→7.90%3 prior comparisons
Net income changed across a sign change
Net income changed -143.3% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$30.0M→-$13.0M2 prior comparisons
Debt / assets moved 615 bp higher
Debt / assets changed +615 basis points from the comparable as-filed period.
53.83%→59.98%2 prior comparisons
Revenue decreased 1.8%
Revenue changed -1.8% from the comparable as-filed period.
$1.7B→$1.6B2 prior comparisons
Capital expenditure decreased 19.0%
Capital expenditure changed -19.0% from the comparable as-filed period.
$100.0M→$81.0M2 prior comparisons
Capex / revenue moved 106 bp lower
Capex / revenue changed -106 basis points from the comparable as-filed period.
6.05%→4.99%2 prior comparisons
Operating cash-flow margin moved 278 bp lower
Operating cash-flow margin changed -278 basis points from the comparable as-filed period.
12.95%→10.17%2 prior comparisons
Stock-based compensation increased 25.0%
Stock-based compensation changed +25.0% from the comparable as-filed period.
$4.0M→$5.0M2 prior comparisons
Selling, general & administrative decreased 16.2%
Selling, general & administrative changed -16.2% from the comparable as-filed period.
$105.0M→$88.0M2 prior comparisons
Working capital decreased 17.8%
Working capital changed -17.8% from the comparable as-filed period.
$667.0M→$548.0M3 prior comparisons
Total assets decreased 13.6%
Total assets changed -13.6% from the comparable as-filed period.
$9.3B→$8.0B2 prior comparisons
Shares outstanding increased 0.2%
Shares outstanding changed +0.2% from the comparable as-filed period. The change ranks at the 0th percentile of 8 prior comparable changes. This reverses 5 consecutive comparable moves in the opposite direction.
153,594,510→153,942,8398 prior comparisons
Research & development decreased 12.5%
Research & development changed -12.5% from the comparable as-filed period.
$8.0M→$7.0M2 prior comparisons
Inventory / revenue moved 124 bp lower
Inventory / revenue changed -124 basis points from the comparable as-filed period.
59.41%→58.16%2 prior comparisons
Cost of revenue increased 5.5%
Cost of revenue changed +5.5% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$1.4B→$1.4B2 prior comparisons
Current assets decreased 6.5%
Current assets changed -6.5% from the comparable as-filed period.
$2.7B→$2.5B3 prior comparisons
Free-cash-flow margin moved 172 bp lower
Free-cash-flow margin changed -172 basis points from the comparable as-filed period.
6.90%→5.18%2 prior comparisons
Noncurrent long-term debt decreased 4.2%
Noncurrent long-term debt changed -4.2% from the comparable as-filed period.
$4.9B→$4.7B3 prior comparisons
Current liabilities decreased 2.7%
Current liabilities changed -2.7% from the comparable as-filed period.
$2.0B→$1.9B3 prior comparisons
Net debt decreased 0.2%
Net debt changed -0.2% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$4.4B→$4.4B3 prior comparisons
SBC / revenue moved 7 bp higher
SBC / revenue changed +7 basis points from the comparable as-filed period.
0.24%→0.31%2 prior comparisons
Inventory decreased 3.9%
Inventory changed -3.9% from the comparable as-filed period.
$982.0M→$944.0M3 prior comparisons
Trade receivables decreased 2.7%
Trade receivables changed -2.7% from the comparable as-filed period.
$891.0M→$867.0M3 prior comparisons
R&D / revenue moved 5 bp lower
R&D / revenue changed -5 basis points from the comparable as-filed period.
0.48%→0.43%2 prior comparisons
Receivables / revenue moved 48 bp lower
Receivables / revenue changed -48 basis points from the comparable as-filed period.
53.90%→53.42%2 prior comparisons
Current ratio decreased 3.9%
Current ratio changed -3.9% from the comparable as-filed period.
1.33→1.283 prior comparisons
Working capital / assets moved 36 bp lower
Working capital / assets changed -36 basis points from the comparable as-filed period.
7.20%→6.85%2 prior comparisons
Operating margin moved 4999 bp lower
Operating margin changed -4999 basis points from the comparable as-filed period.
0.41%→-49.58%0 prior comparisons
Operating cash flow decreased 39.4%
Operating cash flow changed -39.4% from the comparable as-filed period.
$155.0M→$94.0M3 prior comparisons
Gross margin moved 470 bp lower
Gross margin changed -470 basis points from the comparable as-filed period.
17.53%→12.83%2 prior comparisons
Operating income changed across a sign change
Operating income changed -11914.3% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$7.0M→-$827.0M2 prior comparisons
Cash & equivalents decreased 30.4%
Cash & equivalents changed -30.4% from the comparable as-filed period.
$487.0M→$339.0M3 prior comparisons
Net income changed across a low base
Net income changed -19340.0% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a low base.
-$5.0M→-$972.0M2 prior comparisons
Selling, general & administrative decreased 29.2%
Selling, general & administrative changed -29.2% from the comparable as-filed period.
$106.0M→$75.0M2 prior comparisons
Stock-based compensation decreased 100.0%
Stock-based compensation changed -100.0% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$4.0M→$03 prior comparisons
Current long-term debt decreased 40.0%
Current long-term debt changed -40.0% from the comparable as-filed period.
$105.0M→$63.0M3 prior comparisons
Gross debt decreased 2.9%
Gross debt changed -2.9% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
$5.0B→$4.9B4 prior comparisons
Gross profit decreased 28.4%
Gross profit changed -28.4% from the comparable as-filed period.
$299.0M→$214.0M2 prior comparisons
Free-cash-flow proxy changed across a sign change
Free-cash-flow proxy changed -102.0% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$51.0M→-$1.0M3 prior comparisons
Receivables / revenue moved 323 bp higher
Receivables / revenue changed +323 basis points from the comparable as-filed period.
49.71%→52.94%2 prior comparisons
Free-cash-flow margin moved 305 bp lower
Free-cash-flow margin changed -305 basis points from the comparable as-filed period.
2.99%→-0.06%2 prior comparisons
Debt / assets moved 553 bp higher
Debt / assets changed +553 basis points from the comparable as-filed period.
54.50%→60.04%2 prior comparisons
Operating cash-flow margin moved 345 bp lower
Operating cash-flow margin changed -345 basis points from the comparable as-filed period.
9.09%→5.64%2 prior comparisons
Revenue decreased 2.2%
Revenue changed -2.2% from the comparable as-filed period.
$1.7B→$1.7B2 prior comparisons
Debt / revenue moved 213 bp lower
Debt / revenue changed -213 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
293.26%→291.13%2 prior comparisons
Research & development decreased 18.2%
Research & development changed -18.2% from the comparable as-filed period.
$11.0M→$9.0M2 prior comparisons
Cash / debt moved 275 bp lower
Cash / debt changed -275 basis points from the comparable as-filed period.
9.73%→6.98%3 prior comparisons
Total assets decreased 11.9%
Total assets changed -11.9% from the comparable as-filed period.
$9.2B→$8.1B2 prior comparisons
Inventory / revenue moved 126 bp lower
Inventory / revenue changed -126 basis points from the comparable as-filed period.
58.03%→56.77%2 prior comparisons
Capex / revenue moved 40 bp lower
Capex / revenue changed -40 basis points from the comparable as-filed period.
6.10%→5.70%2 prior comparisons
Current liabilities decreased 7.5%
Current liabilities changed -7.5% from the comparable as-filed period.
$2.1B→$1.9B3 prior comparisons
Shares outstanding decreased 0.3%
Shares outstanding changed -0.3% from the comparable as-filed period. The change ranks at the 12th percentile of 8 prior comparable changes.
154,073,257→153,659,7478 prior comparisons
Cost of revenue increased 3.3%
Cost of revenue changed +3.3% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$1.4B→$1.5B2 prior comparisons
Current assets decreased 5.9%
Current assets changed -5.9% from the comparable as-filed period.
$2.6B→$2.5B3 prior comparisons
Trade receivables increased 4.1%
Trade receivables changed +4.1% from the comparable as-filed period.
$848.0M→$883.0M3 prior comparisons
SBC / revenue moved 23 bp lower
SBC / revenue changed -23 basis points from the comparable as-filed period.
0.23%→0.00%2 prior comparisons
Noncurrent long-term debt decreased 2.1%
Noncurrent long-term debt changed -2.1% from the comparable as-filed period.
$4.9B→$4.8B3 prior comparisons
Working capital / assets moved 80 bp higher
Working capital / assets changed +80 basis points from the comparable as-filed period.
5.47%→6.27%2 prior comparisons
Inventory decreased 4.3%
Inventory changed -4.3% from the comparable as-filed period.
$990.0M→$947.0M3 prior comparisons
Capital expenditure decreased 8.7%
Capital expenditure changed -8.7% from the comparable as-filed period.
$104.0M→$95.0M3 prior comparisons
R&D / revenue moved 11 bp lower
R&D / revenue changed -11 basis points from the comparable as-filed period.
0.64%→0.54%2 prior comparisons
Net debt increased 0.0%
Net debt changed +0.0% from the comparable as-filed period.
$4.5B→$4.5B3 prior comparisons
Current ratio increased 1.8%
Current ratio changed +1.8% from the comparable as-filed period.
1.24→1.263 prior comparisons
Working capital increased 1.0%
Working capital changed +1.0% from the comparable as-filed period.
$502.0M→$507.0M3 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.