CompanyGraph
At a glance
- Depends onMidstream position: 6 outgoing, 9 incoming connections
- ScaleRevenue is $2.41B, above the global median of $548.88M
- PositionGross margin is 68.4%, higher than 95% of its Information Technology Services peers (median 26.3%)
- Interpretations4 currently firing — 4
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
1.14BUSDvs all stocks (USD)
Revenue (TTM)
2.41BUSDvs all stocks (USD)
Profit Margin
-13.84%vs Information Technology Services peers
Beta
1.40xvs all stocks
52-Week Change
-53.03%vs all stocks
Market Capitalization
1.14BUSDvs all stocks (USD)
Enterprise Value
5.19BUSDvs all stocks (USD)
Forward P/E
2.46xvs Information Technology Services peers
Price to Sales (TTM)
0.4716xvs Information Technology Services peers
Price to Book (MRQ)
0.2509xvs Information Technology Services peers
Enterprise to Revenue
2.15xvs Information Technology Services peers
Enterprise to EBITDA
5.67xvs Information Technology Services peers
Gross Margin
68.41%vs Information Technology Services peers
Profit Margin
-13.84%vs Information Technology Services peers
Operating Margin
6.13%vs Information Technology Services peers
Return on Assets (TTM)
0.94%vs Information Technology Services peers
Return on Equity (TTM)
-7.01%vs Information Technology Services peers
Revenue (TTM)
2.41BUSDvs all stocks (USD)
Revenue per Share (TTM)
3.71USDUpdated Sep 27, 2026Quarterly Revenue Growth
-5.50%vs Information Technology Services peers
Gross Profit (TTM)
1.61BUSDvs all stocks (USD)
EBITDA (TTM)
914.80MUSDvs all stocks (USD)
Net Income (TTM)
-334.00MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
-5.49%vs Information Technology Services peers
Operating Cash Flow (TTM)
574.40MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
464.64MUSDvs all stocks (USD)
Trailing Annual Dividend Rate
0.00USDUpdated Sep 27, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Information Technology Services peers
Revenue
2.46BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
833.60MUSDFY2025 · Dec 31, 2025Gross Profit
1.62BUSDFY2025 · Dec 31, 2025Operating Income
172.10MUSDvs all stocks (USD)
Pre-tax Income
-193.90MUSDFY2025 · Dec 31, 2025Income Tax Expense
7.20MUSDFY2025 · Dec 31, 2025Net Income
-201.10MUSDFY2025 · Dec 31, 2025EBIT
71.50MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
929.30MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
708.60MUSDFY2025 · Dec 31, 2025Other Operating Expenses
-16.30MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
265.40MUSDFY2025 · Dec 31, 2025EPS (Basic)
-0.3000USDFY2025 · Dec 31, 2025EPS (Diluted)
-0.3000USDFY2025 · Dec 31, 2025Basic Shares Outstanding
673.30MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
673.30MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-201.10MUSDFY2025 · Dec 31, 2025Operating Cash Flow
647.30MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
329.20MUSDFY2025 · Dec 31, 2025Income Tax Paid
42.10MUSDFY2025 · Dec 31, 2025Interest Paid
256.30MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-201.10MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
757.20MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-41.50MUSDFY2025 · Dec 31, 2025Stock-based Compensation
63.10MUSDFY2025 · Dec 31, 2025Other Non-cash Items
47.30MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-5.00MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
22.80MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
4.50MUSDFY2025 · Dec 31, 2025Net Acquisitions
0.00USDFY2025 · Dec 31, 2025Net Investing Cash Flow
0.00USDFY2025 · Dec 31, 2025Long-term Debt Issuance
500.00MUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-600.00MUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-224.50MUSDFY2025 · Dec 31, 2025Common Dividends Paid
0.00USDFY2025 · Dec 31, 2025Other Financing Charges
-18.60MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-343.10MUSDFY2025 · Dec 31, 2025Shares Outstanding
639.66MSharesUpdated Sep 27, 2026Float Shares
468.23MSharesUpdated Sep 27, 2026Shares Short
48.44MSharesUpdated Sep 27, 2026Short Ratio
11.75daysvs all stocks
Short % of Shares Outstanding
13.74%vs all stocks
% Held by Insiders
18.32%vs all stocks
% Held by Institutions
93.18%vs all stocks
Total Cash (MRQ)
206.70MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
0.3230USDUpdated Sep 27, 2026Total Debt (MRQ)
4.26BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
0.9383xvs Information Technology Services peers
Current Ratio (MRQ)
0.8460xvs Information Technology Services peers
Book Value per Share (MRQ)
7.09USDUpdated Sep 27, 2026Total Assets
11.07BUSDvs all stocks (USD)
Total Current Assets
1.31BUSDFY2025 · Dec 31, 2025Total Liabilities
6.23BUSDFY2025 · Dec 31, 2025Total Non-current Assets
9.76BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
4.66BUSDFY2025 · Dec 31, 2025Total Current Liabilities
1.57BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
329.20MUSDFY2025 · Dec 31, 2025Accounts Receivable
821.70MUSDFY2025 · Dec 31, 2025Accounts Payable
150.60MUSDFY2025 · Dec 31, 2025Short-term Debt
119.90MUSDFY2025 · Dec 31, 2025Deferred Revenue
941.40MUSDFY2025 · Dec 31, 2025Long-term Debt
4.36BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
86.20MUSDFY2025 · Dec 31, 2025Common Stock (Book)
12.81BUSDFY2025 · Dec 31, 2025Retained Earnings
-7.51BUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
4.84BUSDvs all stocks (USD)
52-Week Low
1.66USDUpdated Sep 27, 202652-Week High
3.96USDUpdated Sep 27, 202652-Week Change
-53.03%vs all stocks
Beta
1.40xvs all stocks
50-Day MA
2.01USDUpdated Sep 27, 2026200-Day MA
2.45USDUpdated Sep 27, 2026Avg 10-Day Volume
5.05MSharesUpdated Sep 27, 2026Avg 30-Day Volume
4.29MSharesUpdated Sep 27, 2026Diluted EPS (TTM)
-0.5200USDUpdated Sep 27, 2026Other Income / Expense
-100.60MUSDFY2025 · Dec 31, 20254 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Diagnostic
Debt Falling While Total Assets Also Shrink
Debt has fallen for four years, and so has the asset base beside it.
Reads
Intangible Concentration
Much of what it owns is goodwill from past deals, large next to its equity.
Reads
How does this company use capital?
Diagnostic
Depreciation-Heavy Reported Profit
It reports a profit, and much of the gap to cash is depreciation rather than earnings.
Reads
How is this stock valued?
Diagnostic
Low P/B with Intangible and Goodwill Concentration
It trades below book value, but that book is largely goodwill and other intangibles.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 68.4%, higher than 95% of its Information Technology Services peers (median 26.3%)Significant
Gross margin: 0.68Industry median: 0.26Industry P95: 0.65Peers compared: 68.00
Price-to-book is 0.25×, lower than 95% of its Information Technology Services peers (median 2.78×)Notable
Price-to-book: 0.25Industry median: 2.78Industry P5: 0.58Peers compared: 68.00
Structural Tensions
High gross margins eroded by operating costsNotable
Gross Margin: 0.68Profit Margin: -0.14
Prioritizing buybacks over growth reinvestmentNotable
Buyback Intensity: 0.20Revenue Growth YoY: -0.06
Financial Health
Altman Z-Score -0.63: distress zoneCritical
Altman Z-Score: -0.63
High earnings qualityNotable
Earnings Quality Score: 0.84
Supply Chain
Midstream position: 6 outgoing, 9 incoming connectionsNotable
Outgoing: 6.00Incoming: 9.00
High connectivity hub: 15 industry connectionsNotable
Total Connections: 15.00
Scale
Revenue is $2.41B, above the global median of $548.88MNotable
Revenue (USD): 2,412,900,096Global Median: 548,883,780.48
Levered free cash flow is $464.64M, above the global median of $18.73MNotable
Levered free cash flow (USD): 464,637,504Global Median: 18,729,043.027
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Companies that share active interpretations — structural patterns currently present in both stocks.
Gray Television, Inc.
3 interpretationsDepreciation-Heavy Reported ProfitIntangible ConcentrationLow P/B with Intangible and Goodwill Concentration
AMC Networks Inc.
3 interpretationsDepreciation-Heavy Reported ProfitIntangible ConcentrationLow P/B with Intangible and Goodwill Concentration
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