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
Mixed evidenceCoverage 5/5 core metricsFlagged areas: Earnings quality, Solvency & liquidity, Dilution.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- 3 filing risk checks flagged
Flagged areas: Earnings quality, Solvency & liquidity, Dilution.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +11925.0% 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 +121.2 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 $183M.
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
- Earnings quality
- Solvency & liquidity
- Dilution
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- Reportable Segment$6.84B100.0%+11925.0% yoy
Members sum to the consolidated $6.84B for this period.
- Reportable Segment$1.73B100.0%+12716.3% 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 4,058 US-listed filers · 480 in Consumer| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $6.8B | 84thof 3,301 top third | 72ndof 465 top third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 11925.0% | 100thof 3,137 top third | 100thof 452 top third |
Gross margin gross profit ÷ revenue | 23.0% | 25thof 1,603 bottom third | 27thof 330 bottom third |
Operating margin operating income ÷ revenue | -3.6% | 37thof 2,819 middle third | 22ndof 434 bottom third |
Net margin net income ÷ revenue | -4.1% | 36thof 3,263 middle third | 25thof 461 bottom third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | 2.7% | 43rdof 2,679 middle third | 43rdof 418 middle third |
Return on equity net income ÷ stockholders' equity (positive equity only) | -2.9% | 39thof 3,577 middle third | 29thof 412 bottom third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 2.1% | 51stof 2,895 middle third | 16thof 416 bottom third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 61 days | 35thof 2,398 middle third | 12thof 384 bottom third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | 2.7× | 44thof 1,547 middle third | 44thof 242 middle third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -5.2% | 57thof 2,770 middle third | 54thof 331 middle third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | 200.6% | 3rdof 2,345 bottom third | 0thof 257 bottom 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 · 21 changed periods| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Operating income OperatingIncomeLoss | quarter 2023-09-30 | $427K 10-Q 2023-11-14 | -$2.56M 10-Q 2024-11-13 | -698.4% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2024-03-31 | $66.9K 10-Q 2024-05-07 | $240K 10-Q 2025-05-08 | +258.6% | first · latest |
| Operating income OperatingIncomeLoss | fiscal year 2023-12-31 | $1.67M 10-K 2024-03-14 | -$1.31M 10-K 2025-03-04 | -178.3% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2023-09-30 | $75.3K 10-Q 2023-11-14 | $196K 10-Q 2024-11-13 | +160.3% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | fiscal year 2023-12-31 | $329K 10-K 2024-03-14 | $828K 10-K 2025-03-04 | +151.8% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2023-06-30 | $85.5K 10-Q 2023-08-08 | $204K 10-Q 2024-08-14 | +138.5% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2024-09-30 | $245K 10-Q 2024-11-13 | $0 10-Q 2025-11-06 | -100.0% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | fiscal year 2024-12-31 | $989K 10-K 2025-03-04 | $200K 10-K 2026-02-27 | -79.8% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2024-06-30 | $261K 10-Q 2024-08-14 | $100K 10-Q 2025-08-14 | -61.7% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2025-03-31 | $251K 10-Q 2025-05-08 | $100K 10-Q 2026-05-12 | -60.2% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2024-06-30 | 664,000 shares 10-Q 2024-08-14 | 700,000 shares 10-Q 2025-08-14 | +5.4% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | quarter 2024-06-30 | 664,000 shares 10-Q 2024-08-14 | 700,000 shares 10-Q 2025-08-14 | +5.4% | first · latest |
| Goodwill Goodwill | balance at 2024-12-31 | $1.16M 10-K 2025-03-04 | $1.2M 10-K 2026-02-27 | +3.5% | first · latest · 5 filings carry it |
| Net income NetIncomeLoss | quarter 2024-06-30 | -$591K 10-Q 2024-08-14 | -$600K 10-Q 2025-08-14 | -1.5% | first · latest |
| Receivables AccountsReceivableNetCurrent | balance at 2024-12-31 | $2.74M 10-K 2025-03-04 | $2.7M 10-K 2026-02-27 | -1.3% | first · latest · 5 filings carry it |
| Stock-based compensation ShareBasedCompensation | fiscal year 2023-12-31 | $41.5K 10-K 2024-03-14 | $41K 10-K 2025-03-04 | -1.2% | first · latest |
| Net income NetIncomeLoss | quarter 2025-06-30 | -$58.5M 10-Q 2025-08-14 | -$59M 10-Q 2026-08-14 | -0.8% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2025-06-30 | $27.2M 10-Q 2025-08-14 | $27M 10-Q 2026-08-14 | -0.7% | first · latest |
| Intangibles IntangibleAssetsNetExcludingGoodwill | balance at 2024-12-31 | $4.02M 10-K 2025-03-04 | $4M 10-K 2026-02-27 | -0.6% | first · latest · 5 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2025-06-30 | -$162M 10-Q 2025-08-14 | -$163M 10-Q 2026-08-14 | -0.6% | first · latest |
| Net income NetIncomeLoss | quarter 2025-03-31 | $8.76M 10-Q 2025-05-08 | $8.8M 10-Q 2026-05-12 | +0.5% | first · latest |
8 share-count periods re-presented for a stock split (1-for-8) are listed apart from restatements and not counted above.
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 QXO 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.