Also trades as: FRMEP (NASDAQ) · $vol 0M

$40.14

-0.09 (-0.22%)

Weekly Expected Move ±2.5%

$37 $38 $39 $40 $41

NASDAQ · Financial Services · Banks - Regional · Alpha Radar Neutral · Power 51 · $2.5B mcap · 62M float · 0.644% daily turnover · Short 59% of daily vol

Overview News Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Dividends Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$1.1B -0.3% ▼

5Y CAGR: +13.5%

Gross Profit

$640M +8.3% ▲

5Y CAGR: +8.1%

Operating Income

$259M +11.8% ▲

5Y CAGR: +8.8%

Net Income

$226M +12.2% ▲

5Y CAGR: +8.7%

EPS (Diluted)

$3.88 +13.8% ▲

5Y CAGR: +7.2%

EBITDA

$289M +11.6% ▲

5Y CAGR: +9.8%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$556M	$713M	$999M	$1.1B	$1.1B
YoY Growth	-0.4%	+28.2%	+40.2%	+5.4%	-0.3%
Cost of Revenue	$36M	$102M	$352M	$463M	$410M
Gross Profit	$520M	$611M	$648M	$591M	$640M
Gross Margin	93.5%	85.8%	64.8%	56.1%	61.0%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$179M	$225M	$251M	$244M	$282M
Operating Expenses	$279M	$356M	$388M	$359M	$381M
Operating Income	$241M	$256M	$259M	$232M	$259M
Operating Margin	43.3%	35.9%	25.9%	22.0%	24.7%
Interest Expense	$36M	$85M	$348M	$427M	$389M
Income Before Tax	$241M	$256M	$259M	$232M	$259M
Tax Expense	$35M	$34M	$35M	$30M	$33M
Net Income	$206M	$222M	$224M	$201M	$226M
Net Margin	37.0%	31.2%	22.4%	19.1%	21.5%
EPS (Diluted)	$3.81	$3.81	$3.73	$3.41	$3.88
EBITDA	$251M	$267M	$271M	$259M	$289M
Shares Outstanding	54M	58M	59M	59M	58M

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$268M	$266M	$257M	$253M	$261M	$268M	$270M	$253M
Cost of Revenue	$132M	$115M	$104M	$96M	$102M	$106M	$106M	$102M
Gross Profit	$135M	$151M	$153M	$156M	$159M	$162M	$164M	$151M
Gross Margin	50.6%	56.8%	59.4%	61.8%	60.8%	60.5%	60.9%	59.7%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$57M	$61M	$62M	$60M	$60M	$63M	$73M	$86M
Operating Expenses	$91M	$95M	$76M	$93M	$94M	$97M	$99M	$124M
Operating Income	$44M	$56M	$77M	$63M	$65M	$65M	$65M	$27M
Operating Margin	16.4%	21.2%	29.8%	25.0%	24.9%	24.4%	24.3%	10.7%
Interest Expense	$108M	$110M	$100M	$92M	$97M	$101M	$98M	$97M
Income Before Tax	$44M	$56M	$77M	$63M	$65M	$65M	$65M	$27M
Tax Expense	$4M	$7M	$12M	$8M	$8M	$9M	$8M	-$1M
Net Income	$40M	$49M	$64M	$55M	$57M	$57M	$57M	$28M
Net Margin	14.9%	18.5%	25.0%	21.9%	21.8%	21.2%	21.2%	11.1%
EPS (Diluted)	$0.68	$0.84	$1.10	$0.94	$0.98	$0.98	$0.99	$0.46
EBITDA	$47M	$60M	$93M	$71M	$73M	$73M	$71M	$27M
Shares Outstanding	58M	58M	58M	58M	58M	57M	57M	61M

FRME NASDAQ