$46.19

+0.76 (+1.67%)

Pre-Market: $46.48 (+0.30, +0.64%)

Weekly Expected Move ±3.6%

$42 $43 $45 $46 $48

NYSE · Financial Services · Financial - Capital Markets · Tech Score Neutral · Power 44 · $8.7B mcap · 149M float · 1.53% daily turnover · Short 55% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: $814.7M held by 394 funds, 144 bp over Treasuries → details ▾

Not rated: lending and leverage are a financial company's business, which the model misreads.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$10.8B +2.9% ▲

5Y CAGR: +9.2%

Gross Profit

$6.5B +3.9% ▲

5Y CAGR: +14.2%

Operating Income

$686M -85.4% ▼

5Y CAGR: -19.9%

Net Income

$710M -4.4% ▼

5Y CAGR: -1.7%

EPS (Diluted)

$2.83 -5.4% ▼

5Y CAGR: +1.3%

EBITDA

$1.1B -77.3% ▼

5Y CAGR: -13.3%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$8.9B	$7.1B	$7.4B	$10.5B	$10.8B
YoY Growth	+37.1%	-20.4%	-3.9%	+45.5%	+2.9%
Cost of Revenue	$4.3B	$3.4B	$2.9B	$4.3B	$4.4B
Gross Profit	$4.6B	$3.8B	$4.5B	$6.2B	$6.5B
Gross Margin	51.6%	52.8%	60.6%	59.1%	59.7%
R&D Expenses	$110M	$150M	$178M	$0	$0
SG&A Expenses	$710M	$793M	$850M	$961M	$3.9B
Operating Expenses	$1.1B	$1.2B	$1.2B	$1.5B	$5.8B
Operating Income	$3.5B	$2.6B	$3.3B	$4.7B	$686M
Operating Margin	39.4%	36.6%	44.5%	44.8%	6.3%
Interest Expense	$932M	$1.2B	$2.7B	$3.5B	$3.5B
Income Before Tax	$2.3B	$1.1B	$354M	$1.0B	$871M
Tax Expense	$577M	$274M	$92M	$293M	$185M
Net Income	$1.7B	$785M	$278M	$743M	$710M
Net Margin	18.7%	11.0%	3.7%	7.1%	6.6%
EPS (Diluted)	$6.13	$3.06	$1.10	$2.99	$2.83
EBITDA	$3.3B	$2.4B	$3.2B	$4.7B	$1.1B
Shares Outstanding	272M	256M	237M	224M	223M

Line Item	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3
Revenue	$2.9B	$2.5B	$2.5B	$2.9B	$2.9B	$2.9B	$3.4B	$3.2B
Cost of Revenue	$1.2B	$992M	$1.0B	$1.2B	$1.2B	$1.2B	$300M	$194M
Gross Profit	$1.7B	$1.5B	$1.5B	$1.8B	$1.8B	$1.6B	$3.1B	$3.0B
Gross Margin	58.3%	59.9%	58.8%	60.3%	59.6%	56.5%	91.2%	94.0%
R&D Expenses	$0	$72M	$80M	$145M	-$297M	$75M	$0	$0
SG&A Expenses	$246M	$242M	$255M	$484M	$2.9B	$271M	$271M	$1.6B
Operating Expenses	$404M	$363M	$402M	$1.5B	$3.5B	$434M	$1.9B	$1.7B
Operating Income	$1.3B	$1.1B	$1.1B	$243M	-$1.7B	$1.2B	$1.2B	$1.4B
Operating Margin	44.1%	45.2%	42.7%	8.3%	-59.0%	41.4%	35.7%	42.1%
Interest Expense	$895M	$880M	$860M	$860M	$880M	$854M	$912M	$1.0B
Income Before Tax	$305M	$151M	$135M	$332M	$253M	$212M	$316M	$351M
Tax Expense	$86M	$14M	$44M	$89M	$38M	$53M	$66M	$63M
Net Income	$232M	$144M	$99M	$253M	$215M	$175M	$255M	$291M
Net Margin	8.1%	5.8%	4.0%	8.7%	7.3%	6.1%	7.5%	9.0%
EPS (Diluted)	$0.93	$0.57	$0.40	$1.01	$0.85	$0.70	$1.02	$1.18
EBITDA	$1.3B	$1.1B	$1.1B	$385M	-$1.4B	$1.1B	$1.3B	$1.4B
Shares Outstanding	224M	222M	222M	223M	223M	223M	223M	206M

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