Trade receivables increased 34.6%
Trade receivables changed +34.6% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$69.9M→$94.0M4 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →QTWO financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Operating income increased 208.6%
Operating income changed +208.6% from the comparable as-filed period.
$11.0M→$34.0M2 prior comparisons
Cash & equivalents decreased 75.4%
Cash & equivalents changed -75.4% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$472.4M→$116.3M4 prior comparisons
Current assets decreased 60.0%
Current assets changed -60.0% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$707.3M→$282.7M4 prior comparisons
Free-cash-flow proxy increased 46.0%
Free-cash-flow proxy changed +46.0% from the comparable as-filed period.
$42.9M→$62.6M2 prior comparisons
Operating cash flow increased 41.9%
Operating cash flow changed +41.9% from the comparable as-filed period.
$45.6M→$64.7M2 prior comparisons
Operating margin moved 959 bp higher
Operating margin changed +959 basis points from the comparable as-filed period.
5.46%→15.04%2 prior comparisons
Total assets decreased 29.6%
Total assets changed -29.6% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$1.4B→$1.0B4 prior comparisons
Gross margin moved 576 bp higher
Gross margin changed +576 basis points from the comparable as-filed period.
53.96%→59.73%2 prior comparisons
Net income increased 120.8%
Net income changed +120.8% from the comparable as-filed period.
$15.0M→$33.2M2 prior comparisons
Working capital changed across a sign change
Working capital changed +115.2% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes. Relative percentage is de-emphasized because the comparison has a sign change.
-$24.4M→$3.7M4 prior comparisons
Current liabilities decreased 61.9%
Current liabilities changed -61.9% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$731.7M→$279.0M4 prior comparisons
Gross profit increased 23.9%
Gross profit changed +23.9% from the comparable as-filed period.
$108.8M→$134.8M2 prior comparisons
Revenue increased 11.9%
Revenue changed +11.9% from the comparable as-filed period.
$201.7M→$225.8M2 prior comparisons
SBC / revenue moved 268 bp lower
SBC / revenue changed -268 basis points from the comparable as-filed period.
11.53%→8.85%2 prior comparisons
Operating cash-flow margin moved 605 bp higher
Operating cash-flow margin changed +605 basis points from the comparable as-filed period.
22.60%→28.65%2 prior comparisons
Free-cash-flow margin moved 648 bp higher
Free-cash-flow margin changed +648 basis points from the comparable as-filed period.
21.26%→27.73%2 prior comparisons
Receivables / revenue moved 701 bp higher
Receivables / revenue changed +701 basis points from the comparable as-filed period.
34.64%→41.65%2 prior comparisons
Capital expenditure decreased 24.0%
Capital expenditure changed -24.0% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$2.7M→$2.1M2 prior comparisons
Operating cash flow / net income decreased 35.7%
Operating cash flow / net income changed -35.7% from the comparable as-filed period.
3.03→1.950 prior comparisons
Working capital / assets moved 208 bp higher
Working capital / assets changed +208 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
-1.71%→0.37%4 prior comparisons
Research & development increased 6.2%
Research & development changed +6.2% from the comparable as-filed period.
$38.9M→$41.4M2 prior comparisons
Stock-based compensation decreased 14.1%
Stock-based compensation changed -14.1% from the comparable as-filed period.
$23.3M→$20.0M2 prior comparisons
Capex / revenue moved 43 bp lower
Capex / revenue changed -43 basis points from the comparable as-filed period.
1.35%→0.91%2 prior comparisons
R&D / revenue moved 98 bp lower
R&D / revenue changed -98 basis points from the comparable as-filed period.
19.30%→18.32%2 prior comparisons
Shares outstanding decreased 1.2%
Shares outstanding changed -1.2% from the comparable as-filed period. The change ranks at the 25th percentile of 8 prior comparable changes.
62,530,005→61,781,5428 prior comparisons
Cost of revenue decreased 2.1%
Cost of revenue changed -2.1% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$92.9M→$90.9M2 prior comparisons
Current ratio increased 4.8%
Current ratio changed +4.8% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
0.97→1.014 prior comparisons
Cash & equivalents decreased 75.9%
Cash & equivalents changed -75.9% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$414.3M→$99.9M4 prior comparisons
Current assets decreased 62.9%
Current assets changed -62.9% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$659.7M→$244.5M4 prior comparisons
Total assets decreased 30.1%
Total assets changed -30.1% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$1.4B→$968.4M4 prior comparisons
Operating income increased 198.2%
Operating income changed +198.2% from the comparable as-filed period.
$9.8M→$29.3M2 prior comparisons
Operating margin moved 831 bp higher
Operating margin changed +831 basis points from the comparable as-filed period.
5.04%→13.35%2 prior comparisons
Gross margin moved 566 bp higher
Gross margin changed +566 basis points from the comparable as-filed period.
53.58%→59.25%2 prior comparisons
Net income increased 153.8%
Net income changed +153.8% from the comparable as-filed period.
$11.8M→$29.9M2 prior comparisons
Free-cash-flow proxy increased 24.5%
Free-cash-flow proxy changed +24.5% from the comparable as-filed period.
$47.3M→$59.0M3 prior comparisons
Working capital increased 80.2%
Working capital changed +80.2% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
-$72.5M→-$14.3M4 prior comparisons
Current liabilities decreased 64.7%
Current liabilities changed -64.7% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
$732.3M→$258.8M4 prior comparisons
Operating cash flow increased 24.7%
Operating cash flow changed +24.7% from the comparable as-filed period.
$48.6M→$60.7M3 prior comparisons
Working capital / assets moved 375 bp higher
Working capital / assets changed +375 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
-5.24%→-1.48%4 prior comparisons
Gross profit increased 24.5%
Gross profit changed +24.5% from the comparable as-filed period.
$104.6M→$130.2M2 prior comparisons
Revenue increased 12.6%
Revenue changed +12.6% from the comparable as-filed period.
$195.1M→$219.8M2 prior comparisons
Capital expenditure increased 30.1%
Capital expenditure changed +30.1% from the comparable as-filed period.
$1.3M→$1.7M3 prior comparisons
Operating cash-flow margin moved 267 bp higher
Operating cash-flow margin changed +267 basis points from the comparable as-filed period.
24.93%→27.60%2 prior comparisons
SBC / revenue moved 218 bp lower
SBC / revenue changed -218 basis points from the comparable as-filed period.
11.53%→9.35%2 prior comparisons
Free-cash-flow margin moved 257 bp higher
Free-cash-flow margin changed +257 basis points from the comparable as-filed period.
24.25%→26.82%2 prior comparisons
Operating cash flow / net income decreased 50.9%
Operating cash flow / net income changed -50.9% from the comparable as-filed period.
4.13→2.030 prior comparisons
Research & development increased 11.4%
Research & development changed +11.4% from the comparable as-filed period.
$36.9M→$41.1M2 prior comparisons
Trade receivables increased 16.9%
Trade receivables changed +16.9% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$60.3M→$70.5M4 prior comparisons
Shares outstanding decreased 0.1%
Shares outstanding changed -0.1% from the comparable as-filed period. The change ranks at the 0th percentile of 8 prior comparable changes. This reverses 8 consecutive comparable moves in the opposite direction.
62,442,411→62,354,6958 prior comparisons
Current ratio increased 4.8%
Current ratio changed +4.8% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
0.9→0.944 prior comparisons
Receivables / revenue moved 117 bp higher
Receivables / revenue changed +117 basis points from the comparable as-filed period.
30.91%→32.09%2 prior comparisons
Capex / revenue moved 10 bp higher
Capex / revenue changed +10 basis points from the comparable as-filed period.
0.67%→0.78%2 prior comparisons
Stock-based compensation decreased 8.6%
Stock-based compensation changed -8.6% from the comparable as-filed period.
$22.5M→$20.6M2 prior comparisons
R&D / revenue moved 21 bp lower
R&D / revenue changed -21 basis points from the comparable as-filed period.
18.92%→18.71%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.