Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Filing evidence summary
Constructive evidenceCoverage 5/5 core metrics11 filing-based checks were evaluable.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- No current rule-based risk flags
11 filing-based checks were evaluable.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +13.7% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.
- Operating margin improved
Operating margin changed +7.3 percentage points from the prior annual period.
Why this surfaced
Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.
- Free cash flow was positive
Latest reported free cash flow was $289M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-09-06
- Latest period end
- 2025-12-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- United States$827M91.2%+12.5% yoy
- Outside the United States$79.7M8.8%+26.6% yoy
Members sum to the consolidated $907M for this period.
- United States$220M90.3%+12.7% yoy
- Outside the United States$23.6M9.7%+38.6% yoy
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2025-12-31 · among 4,003 US-listed filers · 811 in Technology| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $907M | 54thof 3,301 middle third | 54thof 777 middle third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 13.7% | 69thof 3,137 top third | 61stof 743 middle third |
Gross margin gross profit ÷ revenue | 92.8% | 99thof 1,603 top third | 98thof 554 top third |
Operating margin operating income ÷ revenue | 26.9% | 91stof 2,819 top third | 92ndof 751 top third |
Net margin net income ÷ revenue | 17.2% | 82ndof 3,263 top third | 85thof 769 top third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | 31.9% | 92ndof 2,679 top third | 93rdof 701 top third |
Return on equity net income ÷ stockholders' equity (positive equity only) | 41.7% | 96thof 3,576 top third | 93rdof 719 top third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 5.6% | 33rdof 2,895 middle third | 44thof 728 middle third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 17 days | 84thof 2,398 top third | 92ndof 711 top third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | -0.7× | 87thof 1,546 top third | 86thof 338 top third |
Cash conversion operating cash flow ÷ net income (net income > 0) | 1.9× | 60thof 1,684 middle third | 57thof 353 middle third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -18.8% | 92ndof 2,278 top third | 88thof 498 top third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | -25.6% | 89thof 1,907 top third | 90thof 433 top third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
latest fiscal year ending 2025-12-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 25 changed periods| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Operating income OperatingIncomeLoss | fiscal year 2024-12-31 | $13.4M 10-K 2025-02-20 | $157M 10-K 2026-02-19 | +1071.7% | first · latest |
| Operating income OperatingIncomeLoss | fiscal year 2023-12-31 | $32.6M 10-K 2024-02-26 | $120M 10-K 2026-02-19 | +268.8% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2025-06-30 | $24.8M 10-Q 2025-08-07 | $60.5M 10-Q 2026-08-06 | +143.7% | first · latest |
| Goodwill Goodwill | balance at 2024-12-31 | $46.2M 10-K 2025-02-20 | $26.6M 10-K 2026-02-19 | -42.4% | first · latest · 5 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | fiscal year 2023-12-31 | $914M 10-K 2024-02-26 | $698M 10-K 2026-02-19 | -23.6% | first · latest · 3 filings carry it |
| Receivables AccountsReceivableNetCurrent | balance at 2024-12-31 | $44.2M 10-K 2025-02-20 | $38.3M 10-K 2026-02-19 | -13.5% | first · latest · 5 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2024-03-31 | $216M 10-Q 2024-05-09 | $187M 10-K 2026-02-19 | -13.2% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2024-09-30 | $231M 10-Q 2024-11-07 | $205M 10-K 2026-02-19 | -11.6% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | fiscal year 2024-12-31 | $894M 10-K 2025-02-20 | $798M 10-K 2026-02-19 | -10.8% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2025-03-31 | $45.8M 10-Q 2025-05-08 | $50.7M 10-Q 2026-05-07 | +10.7% | first · latest |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2024-06-30 | $219M 10-Q 2024-08-08 | $196M 10-K 2026-02-19 | -10.4% | first · latest · 3 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | fiscal year 2020-12-31 | $11.3M 10-K 2021-02-12 | $10.2M 10-K 2023-03-01 | -10.2% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2025-03-31 | $225M 10-Q 2025-05-08 | $212M 10-Q 2026-05-07 | -5.7% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2025-06-30 | $234M 10-Q 2025-08-07 | $222M 10-Q 2026-08-06 | -5.1% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2025-09-30 | $239M 10-Q 2025-11-06 | $232M 10-K 2026-02-19 | -3.0% | first · latest |
| Gross profit GrossProfit | fiscal year 2023-12-31 | $651M 10-K 2024-02-26 | $637M 10-K 2026-02-19 | -2.3% | first · latest · 3 filings carry it |
| Gross profit GrossProfit | quarter 2024-03-31 | $175M 10-Q 2024-05-09 | $172M 10-K 2026-02-19 | -1.9% | first · latest · 3 filings carry it |
| Gross profit GrossProfit | quarter 2024-09-30 | $183M 10-Q 2024-11-07 | $179M 10-K 2026-02-19 | -1.7% | first · latest · 3 filings carry it |
| Gross profit GrossProfit | fiscal year 2024-12-31 | $739M 10-K 2025-02-20 | $728M 10-K 2026-02-19 | -1.5% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2024-06-30 | 103,827,661 shares 10-Q 2024-08-08 | 105,268,210 shares 10-K 2026-02-19 | +1.4% | first · latest · 3 filings carry it |
| Gross profit GrossProfit | quarter 2024-06-30 | $182M 10-Q 2024-08-08 | $181M 10-K 2026-02-19 | -1.0% | first · latest · 3 filings carry it |
| Gross profit GrossProfit | quarter 2025-06-30 | $204M 10-Q 2025-08-07 | $206M 10-Q 2026-08-06 | +0.9% | first · latest · 3 filings carry it |
| Gross profit GrossProfit | quarter 2025-03-31 | $200M 10-Q 2025-05-08 | $198M 10-Q 2026-05-07 | -0.9% | first · latest · 3 filings carry it |
| Deferred revenue (current) ContractWithCustomerLiabilityCurrent | balance at 2024-12-31 | $21.7M 10-K 2025-02-20 | $21.5M 10-K 2026-02-19 | -0.7% | first · latest · 5 filings carry it |
| Gross profit GrossProfit | quarter 2025-09-30 | $214M 10-Q 2025-11-06 | $215M 10-K 2026-02-19 | +0.6% | first · latest |
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
Not available for CARG yet: no footnote text blocks on file for this filer in the ingested DERA files.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.