Operating margin moved 299 bp lower
Operating margin changed -299 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
5.58%→2.58%2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →PINS financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Current liabilities increased 38.7%
Current liabilities changed +38.7% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$426.3M→$591.5M4 prior comparisons
Operating income decreased 48.2%
Operating income changed -48.2% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$58.5M→$30.3M2 prior comparisons
Working capital decreased 38.2%
Working capital changed -38.2% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$3.1B→$1.9B4 prior comparisons
Current assets decreased 29.0%
Current assets changed -29.0% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$3.6B→$2.5B4 prior comparisons
Cash & equivalents decreased 42.2%
Cash & equivalents changed -42.2% from the comparable as-filed period.
$1.1B→$654.3M2 prior comparisons
Net income decreased 76.6%
Net income changed -76.6% from the comparable as-filed period.
$92.1M→$21.5M2 prior comparisons
Gross margin moved 205 bp lower
Gross margin changed -205 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
79.76%→77.72%2 prior comparisons
Current ratio decreased 48.8%
Current ratio changed -48.8% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
8.36→4.284 prior comparisons
SBC / revenue moved 244 bp higher
SBC / revenue changed +244 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
22.41%→24.85%2 prior comparisons
Capital expenditure increased 378.6%
Capital expenditure changed +378.6% from the comparable as-filed period.
$3.2M→$15.5M2 prior comparisons
Revenue increased 11.9%
Revenue changed +11.9% from the comparable as-filed period.
$1.0B→$1.2B2 prior comparisons
Operating cash-flow margin moved 376 bp lower
Operating cash-flow margin changed -376 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
30.66%→26.90%2 prior comparisons
Free-cash-flow margin moved 477 bp lower
Free-cash-flow margin changed -477 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
30.35%→25.58%2 prior comparisons
Working capital / assets moved 1772 bp lower
Working capital / assets changed -1772 basis points from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
56.91%→39.20%4 prior comparisons
Free-cash-flow proxy decreased 5.7%
Free-cash-flow proxy changed -5.7% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$318.4M→$300.3M2 prior comparisons
Stock-based compensation increased 24.1%
Stock-based compensation changed +24.1% from the comparable as-filed period.
$235.1M→$291.7M2 prior comparisons
Cost of revenue increased 23.2%
Cost of revenue changed +23.2% from the comparable as-filed period.
$212.3M→$261.6M2 prior comparisons
Operating cash flow / net income increased 320.2%
Operating cash flow / net income changed +320.2% from the comparable as-filed period.
3.49→14.681 prior comparisons
Research & development increased 15.3%
Research & development changed +15.3% from the comparable as-filed period.
$371.3M→$428.1M2 prior comparisons
Trade receivables increased 14.5%
Trade receivables changed +14.5% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$800.5M→$916.8M4 prior comparisons
Capex / revenue moved 101 bp higher
Capex / revenue changed +101 basis points from the comparable as-filed period.
0.31%→1.32%2 prior comparisons
Receivables / revenue moved 180 bp higher
Receivables / revenue changed +180 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
76.30%→78.09%2 prior comparisons
Operating cash flow decreased 1.8%
Operating cash flow changed -1.8% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$321.7M→$315.7M2 prior comparisons
Total assets decreased 10.2%
Total assets changed -10.2% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$5.5B→$5.0B4 prior comparisons
R&D / revenue moved 108 bp higher
R&D / revenue changed +108 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
35.38%→36.47%2 prior comparisons
Current liabilities increased 51.8%
Current liabilities changed +51.8% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$401.8M→$609.8M4 prior comparisons
Working capital decreased 45.0%
Working capital changed -45.0% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$3.1B→$1.7B4 prior comparisons
Trade receivables increased 22.6%
Trade receivables changed +22.6% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$760.1M→$932.0M4 prior comparisons
Current ratio decreased 56.5%
Current ratio changed -56.5% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
8.76→3.814 prior comparisons
Operating margin moved 425 bp lower
Operating margin changed -425 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
-0.43%→-4.68%2 prior comparisons
Current assets decreased 34.0%
Current assets changed -34.0% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$3.5B→$2.3B4 prior comparisons
Free-cash-flow proxy increased 37.2%
Free-cash-flow proxy changed +37.2% from the comparable as-filed period.
$196.7M→$269.9M3 prior comparisons
Operating cash flow increased 41.0%
Operating cash flow changed +41.0% from the comparable as-filed period.
$207.7M→$292.9M3 prior comparisons
Cash & equivalents decreased 65.3%
Cash & equivalents changed -65.3% from the comparable as-filed period.
$1.2B→$422.5M2 prior comparisons
SBC / revenue moved 475 bp higher
SBC / revenue changed +475 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
22.76%→27.51%2 prior comparisons
Revenue increased 18.2%
Revenue changed +18.2% from the comparable as-filed period.
$998.2M→$1.2B2 prior comparisons
Research & development increased 25.4%
Research & development changed +25.4% from the comparable as-filed period.
$359.6M→$451.0M2 prior comparisons
Gross margin moved 148 bp lower
Gross margin changed -148 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
79.66%→78.18%2 prior comparisons
Stock-based compensation increased 42.8%
Stock-based compensation changed +42.8% from the comparable as-filed period.
$227.2M→$324.5M2 prior comparisons
Operating income changed across a low base
Operating income changed -1174.8% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a low base. This reverses 2 consecutive comparable moves in the opposite direction.
-$4.3M→-$55.2M2 prior comparisons
Capital expenditure increased 108.5%
Capital expenditure changed +108.5% from the comparable as-filed period.
$11.0M→$23.0M3 prior comparisons
Receivables / revenue moved 286 bp higher
Receivables / revenue changed +286 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
76.15%→79.01%2 prior comparisons
Cost of revenue increased 26.8%
Cost of revenue changed +26.8% from the comparable as-filed period.
$203.0M→$257.4M2 prior comparisons
Operating cash-flow margin moved 402 bp higher
Operating cash-flow margin changed +402 basis points from the comparable as-filed period.
20.81%→24.83%2 prior comparisons
Free-cash-flow margin moved 318 bp higher
Free-cash-flow margin changed +318 basis points from the comparable as-filed period.
19.70%→22.88%2 prior comparisons
Working capital / assets moved 2168 bp lower
Working capital / assets changed -2168 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
57.68%→36.00%4 prior comparisons
R&D / revenue moved 221 bp higher
R&D / revenue changed +221 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
36.03%→38.23%2 prior comparisons
Net income changed across a sign change
Net income changed -220.4% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$38.8M→-$46.7M2 prior comparisons
Capex / revenue moved 84 bp higher
Capex / revenue changed +84 basis points from the comparable as-filed period.
1.10%→1.95%2 prior comparisons
Total assets decreased 11.9%
Total assets changed -11.9% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$5.4B→$4.8B4 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.