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

$12.77

+0.23 (+1.83%)

After Hours: $12.74 (-0.03, -0.23%)

Weekly Expected Move ±12.3%

$9 $11 $12 $14 $15

NASDAQ · Financial Services · Financial - Capital Markets · Tech Score Sell · Power 38 · $1.4B mcap · 70M float · 2.18% daily turnover · Short 61% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: none of note held by US funds details ▾

Not rated: lending and leverage are a financial company's business, which the model misreads.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Revenue Segmentation

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$751M -14.5% ▼

5Y CAGR: +7.7%

Gross Profit

$730M +107.3% ▲

5Y CAGR: +38.2%

Operating Income

$48M +161.1% ▲

Net Income

$35M +154.8% ▲

EPS (Diluted)

$0.55 +145.1% ▲

EBITDA

$72M +224.4% ▲

5Y CAGR: +47.4%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$802M	$632M	$649M	$878M	$751M
YoY Growth	+54.5%	-21.2%	+2.7%	+35.4%	-14.5%
Cost of Revenue	$504M	$391M	$427M	$526M	$21M
Gross Profit	$297M	$240M	$222M	$352M	$730M
Gross Margin	37.1%	38.0%	34.2%	40.1%	97.2%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$182M	$234M	$269M	$355M	$61M
Operating Expenses	$231M	$288M	$337M	$431M	$682M
Operating Income	$67M	-$48M	-$115M	-$79M	$48M
Operating Margin	8.3%	-7.6%	-17.7%	-8.9%	6.4%
Interest Expense	$8M	$276K	$276K	$0	$0
Income Before Tax	$23M	-$21M	-$113M	-$68M	$52M
Tax Expense	$19M	$10M	-$980K	$21M	$4M
Net Income	-$9M	$18M	-$17M	-$65M	$35M
Net Margin	-1.2%	2.8%	-2.7%	-7.4%	4.7%
EPS (Diluted)	$-0.22	$-0.46	$-1.33	$-1.22	$0.55
EBITDA	$45M	-$37M	-$100M	-$58M	$72M
Shares Outstanding	43M	90M	87M	53M	64M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$278M	$226M	$212M	$155M	$165M	$219M	$149M	$157M
Cost of Revenue	$174M	$133M	$123M	$80M	$89M	-$271M	$6M	$6M
Gross Profit	$104M	$92M	$89M	$75M	$76M	$490M	$143M	$151M
Gross Margin	37.4%	40.9%	41.9%	48.3%	46.1%	223.7%	96.1%	96.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$50M	$51M	$57M	$46M	$47M	$12M	$12M	$8M
Operating Expenses	$68M	$71M	$77M	$66M	$67M	$472M	$156M	$146M
Operating Income	$36M	$21M	$12M	$9M	$9M	$19M	-$13M	$5M
Operating Margin	12.9%	9.5%	5.5%	5.8%	5.4%	8.5%	-8.7%	3.2%
Interest Expense	$0	$0	$0	$0	$0	$0	$0	$0
Income Before Tax	$36M	$28M	$12M	$6M	$12M	$22M	-$11M	$6M
Tax Expense	$8M	-$5M	-$9M	$2M	$3M	$8M	-$10M	-$247K
Net Income	$16M	$21M	$17M	$3M	$6M	$9M	$1M	$5M
Net Margin	5.9%	9.2%	8.2%	1.8%	3.6%	4.3%	1.0%	3.4%
EPS (Diluted)	$0.24	$0.28	$0.24	$0.04	$0.08	$0.14	$0.02	$0.06
EBITDA	$41M	$26M	$17M	$14M	$14M	$28M	-$7M	$11M
Shares Outstanding	70M	73M	76M	99M	100M	67M	101M	101M

PWP NASDAQ