$34.63

+0.44 (+1.29%)

Weekly Expected Move ±7.2%

$29 $32 $34 $37 $39

NYSE · Financial Services · Financial - Mortgages · Tech Score Neutral · Power 48 · $1.2B mcap · 33M float · 1.36% daily turnover · Short 61% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: $36.2M held by 124 funds, 203 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

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$1.2B +9.0% ▲

5Y CAGR: +2.6%

Gross Profit

$757M +50.3% ▲

5Y CAGR: +4.5%

Operating Income

$213M +62.0% ▲

5Y CAGR: -8.4%

Net Income

$57M -47.2% ▼

5Y CAGR: -25.3%

EPS (Diluted)

$1.64 -48.6% ▼

5Y CAGR: -26.6%

EBITDA

$382M +8.7% ▲

5Y CAGR: -5.2%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.3B	$1.3B	$1.1B	$1.1B	$1.2B
YoY Growth	+16.2%	-0.0%	-16.2%	+7.4%	+9.0%
Cost of Revenue	$611M	$642M	$583M	$629M	$477M
Gross Profit	$648M	$617M	$472M	$504M	$757M
Gross Margin	51.4%	49.0%	44.7%	44.5%	61.3%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$73M	$109M	$96M	$107M	$0
Operating Expenses	$296M	$352M	$333M	$372M	$544M
Operating Income	$352M	$265M	$138M	$132M	$213M
Operating Margin	28.0%	21.0%	13.1%	11.6%	17.3%
Interest Expense	$8M	$0	$0	$0	$5M
Income Before Tax	$352M	$265M	$138M	$132M	$79M
Tax Expense	$86M	$56M	$35M	$31M	$22M
Net Income	$266M	$214M	$107M	$108M	$57M
Net Margin	21.1%	17.0%	10.2%	9.6%	4.6%
EPS (Diluted)	$8.15	$6.36	$3.18	$3.19	$1.64
EBITDA	$569M	$486M	$364M	$352M	$382M
Shares Outstanding	32M	33M	33M	33M	33M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$292M	$341M	$237M	$319M	$338M	$340M	$279M	$307M
Cost of Revenue	$164M	$185M	$16M	$179M	$194M	$124M	$143M	$0
Gross Profit	$129M	$156M	$222M	$141M	$144M	$216M	$136M	$307M
Gross Margin	44.0%	45.8%	93.5%	44.0%	42.6%	63.5%	48.7%	100.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0	$0	$0	$0
Operating Expenses	$91M	$104M	$232M	$94M	$98M	$160M	$85M	$305M
Operating Income	$38M	$52M	-$10M	$46M	$46M	$55M	$51M	$2M
Operating Margin	12.8%	15.3%	-4.3%	14.5%	13.6%	16.3%	18.3%	0.7%
Interest Expense	$0	$0	$16M	$0	$0	$22M	$25M	$0
Income Before Tax	$38M	$52M	$5M	$46M	$46M	-$19M	$26M	$2M
Tax Expense	$9M	$11M	$3M	$12M	$13M	-$5M	$8M	-$932K
Net Income	$29M	$45M	$3M	$34M	$33M	-$13M	$17M	$3M
Net Margin	9.9%	13.1%	1.2%	10.6%	9.9%	-3.9%	6.1%	1.0%
EPS (Diluted)	$0.85	$1.28	$0.08	$0.99	$0.98	$-0.41	$0.46	$0.09
EBITDA	$94M	$104M	$79M	$105M	$106M	$60M	$114M	$63M
Shares Outstanding	33M	33M	33M	33M	33M	33M	33M	33M

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