CRNC Cerence Inc. - Common Stock
$8.37
Price · Aug 19, 2026
Fundamentals as of Aug 6, 2026
52W Range
$6–$14
32% of range
Analyst Rating
HOLD
11 analysts
Price Target
$11
+29% upside
P/E (TTM)
-19.5
ROE
-12.5%
Net Profit Margin
-7.4%
About Cerence Inc. - Common Stock Company overview from Wikipedia
Cerence Inc. is an American multinational software company that develops artificial intelligence (AI) assistant technology primarily for automobiles.
Read more
Cerence Inc. is an American multinational software company that develops artificial intelligence (AI) assistant technology primarily for automobiles.
History
Cerence was founded in October 2019, after Nuance Communications decided to turn its automotive division into an independent company. Nuance had provided voice recognition technology to car manufacturers for twenty years prior to the spin-off, and its technology was built into half of the new cars shipped globally in the first six months of 2019. Cerence's first official trading day on the Nasdaq exchange was October 2, 2019. The company assumed control of previously Nuance-held contracts with approximately 60 automakers including BMW, Ford, and Toyota. Since becoming its own entity, Cerence signed new deals to install voice recognition and assistance technology in Fiat Chrysler and Mercedes-Benz vehicles. In January 2020, LG announced that it would start integrating Cerence's voice assistant into its in-car infotainment systems. On 30 September 2021, VinFast reported that Cerence software will be used for its electric vehicles as an intelligence voice assistant.
As of August 2021, Cerence's AI assistant technology had been installed on over 400 million cars worldwide.
Cerence received an Automotive News PACE Award in September 2021 for Cerence Pay, a technology that allows drivers to pay for fuel via voice commands.
Products
Cerence develops automotive AI products, primarily focusing on voice assistant technology. Its voice assistant technology is not device-specific, and is white-labeled for auto manufacturers. The company's products integrate into a car's operating system and allow drivers to use speech for a variety of actions, for example to control their GPS, entertainment system, and climate settings rather than using manual controls. Cerence's technology also incorporates facial recognition and customized responses to individual drivers. As of 2021, Cerence's speech recognition software recognizes 70 different languages and dialects. The technology can work with other voice assistant and AI devices such as those developed by Apple Inc. and Google. Drivers using the voice technology in their car can make a request and the Cerence software would help route it appropriately to the right system or virtual assistant that can best respond, essentially acting as a "switchboard" to access information from other AI and voice assistants.
The company is also developing technology that provides drivers with the ability to control some in-car systems with brief glances or gestures.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
CRNC Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$8.37
Market Cap
$363M
P/E (TTM)
-19.5
EPS (TTM)
$-0.43
Revenue (TTM)
$252M
Div Yield
—
ROE
-12.5%
Debt/Equity
1.3
52W Range
$6 – $14
CRNC Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$252M
2018-09-30
→
2025-09-30
EPS
$-0.43
2018-09-30
→
2025-09-30
Free Cash Flow
$47M
2020-09-30
→
2025-09-30
Margins
-7.4%
2020-09-30
→
2025-09-30
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
CRNC
Peer Median
P/E (TTM)
-19.5
88.1
P/S (TTM)
1.4
2.3
P/B
2.4
3.8
Price / FCF
7.7
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
CRNC
Peer Median
Gross Margin
72.7%
71.2%
Operating Margin
-0.91%
—
Net Profit Margin
-7.4%
-8.1%
ROA
-2.8%
-5.9%
ROE
-12.5%
-10.5%
ROIC
-1.4%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
CRNC
Peer Median
Debt / Equity
1.3
31.1
Current Ratio
1.9
1.9
Quick Ratio
0.6
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
CRNC
Peer Median
Revenue YoY
-24.1%
—
Revenue CAGR 3Y
-8.4%
—
Revenue CAGR 5Y
-5.3%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
CRNC
Peer Median
CRNC Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
11 analysts
- Strong Buy 2 18.2%
- Buy 4 36.4%
- Hold 5 45.5%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
4 analysts · 2026-08-15
Median
$11.00
Mean
$10.75
← Below all targets
$8.37
Low
$9.00
High
$12.00
Median target
$11.00
+31.5%
Mean target
$10.75
+28.5%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.09%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.21 | $0.20 | 0.01% |
| March 31, 2026 | $0.14 | $0.14 | 0.00% |
| Dec. 31, 2025 | $0.18 | $0.32 | -0.14% |
| Sept. 30, 2025 | $-0.12 | $-0.27 | 0.14% |
| June 30, 2025 | $0.12 | $-0.15 | 0.27% |
| March 31, 2025 | $0.57 | $0.31 | 0.26% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| CRNC | $540M | -29.0 | -24.1% | -7.4% | -12.5% | 72.7% |
| RMNI | $355M | 9.9 | -1.7% | 8.8% | -132.3% | 60.4% |
| IIIV | — | 45.1 | 16.5% | — | 4.7% | — |
| API | — | — | — | — | — | — |
| CD | — | — | — | — | — | — |
| BLND | $778M | -30.4 | 6.8% | -5.5% | 31.0% | 73.8% |
| GLOO | $0 | -0.8 | 307.7% | -166.0% | 150.0% | — |
| EGHT | $234M | 166.0 | 2.9% | 0.22% | 1.2% | 64.6% |
| SLNH | $120M | -0.5 | -21.8% | -179.7% | -260.1% | 6.0% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $252M | $332M | $294M | $328M | $387M | $331M | $303M | $277M | |
| Cost of Revenue | $69M | $87M | $95M | $97M | $101M | $108M | $99M | $83M | |
| Gross Profit | $183M | $244M | $199M | $231M | $286M | $223M | $204M | $194M | |
| R&D Expense | $98M | $122M | $123M | $107M | $112M | $89M | $93M | $81M | |
| SG&A Expense | $49M | $52M | $58M | $43M | $57M | $49M | $26M | $20M | |
| Operating Expenses | $185M | $824M | $227M | $415M | $226M | $201M | $193M | $157M | |
| Operating Income | $-2M | $-580M | $-27M | $-184M | $61M | $22M | $11M | $37M | |
| Interest Expense | · | $13M | $15M | $14M | $14M | $23M | · | · | |
| Interest Income | $4M | $5M | $4M | $1M | $109.0K | $585.0K | · | · | |
| Other Non-op | $-160.0K | $3M | $1M | $-1M | $2M | $-23M | $332.0K | $-54.0K | |
| Pretax Income | $-9M | $-585M | $-36M | $-199M | $48M | $-23M | $11M | $37M | |
| Income Tax | $10M | $3M | $20M | $112M | $2M | $-5M | $-89M | $31M | |
| Net Income | $-19M | $-588M | $-56M | $-311M | $46M | $-18M | $100M | $6M | |
| EPS (Basic) | $-0.43 | $-14.12 | $-1.40 | $-7.93 | $1.22 | $-0.50 | $2.76 | $0.16 | |
| EPS (Diluted) | $-0.43 | $-14.12 | $-1.40 | $-7.93 | $1.17 | $-0.50 | $2.76 | $0.16 | |
| Shares (Basic) | 43,180,000 | 41,642,000 | 40,215,000 | 39,187,000 | 37,752,000 | 36,428,000 | 36,391,000 | 36,391,000 | |
| Shares (Diluted) | 43,180,000 | 41,642,000 | 40,215,000 | 39,187,000 | 39,289,000 | 36,428,000 | 36,391,000 | 36,391,000 | |
| EBITDA | $-2M | $-580M | $-27M | $-184M | $61M | $19M | · | · |
Balance Sheet 23
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Short-term Investments | $3M | $6M | $9M | $20M | $30M | $12M | · | · | |
| Receivables | $59M | $63M | $61M | $45M | $46M | $51M | $66M | · | |
| Inventory | $1M | $1M | $500.0K | · | · | · | · | · | |
| Prepaid Expense | $40M | $70M | $47M | $60M | $77M | $44M | $17M | · | |
| Current Assets | $191M | $266M | $226M | $228M | $287M | $250M | $92M | · | |
| PP&E (Net) | · | · | · | · | · | · | $20M | · | |
| Goodwill | $299M | $297M | $900M | $891M | $1.13B | $1.13B | $1.12B | $1.12B | |
| Intangibles | $0 | $2M | $4M | $10M | $25M | $46M | $66M | · | |
| Other Non-current Assets | $19M | $22M | $44M | $52M | $20M | $15M | $3M | · | |
| Total Assets | $631M | $702M | $1.30B | $1.32B | $1.71B | $1.69B | $1.48B | · | |
| Accounts Payable | $901.0K | $4M | $17M | $10M | $12M | $8M | $17M | · | |
| Current Liabilities | $101M | $217M | $148M | $147M | $165M | $199M | $129M | · | |
| Capital Leases | $13M | $9M | $8M | $11M | $12M | $18M | · | · | |
| Other Non-current Liabilities | $26M | $26M | $25M | $22M | $33M | $32M | $22M | · | |
| Total Liabilities | $480M | $561M | $603M | $606M | $674M | $728M | $416M | · | |
| Long-term Debt | $200M | $282M | $276M | $270M | $271M | $273M | · | · | |
| Total Debt | $200M | $282M | $276M | $270M | $271M | $273M | · | · | |
| Common Stock | $434.0K | $419.0K | $404.0K | $394.0K | $381.0K | $369.0K | · | · | |
| Retained Earnings | $-940M | $-922M | $-334M | $-283M | $28M | $-18M | · | · | |
| AOCI | $-25M | $-26M | $-28M | $-34M | $2M | $4M | $-29M | · | |
| Stockholders' Equity | $151M | $141M | $695M | $713M | $1.03B | $960M | $1.07B | $993M | |
| Liabilities + Equity | $631M | $702M | $1.30B | $1.32B | $1.71B | $1.69B | $1.48B | · | |
| Shares Outstanding | 43,374,000 | 41,924,000 | 40,423,000 | 39,430,000 | 38,025,000 | 36,842,000 | · | · |
Cash Flow 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| D&A | $11M | $11M | $16M | $24M | $30M | $30M | $29M | $26M | |
| Stock-based Comp | $27M | $24M | $41M | $28M | $61M | $47M | $30M | $22M | |
| Deferred Tax | $241.0K | $-5M | $8M | $97M | $-4M | $-11M | $-101M | $12M | |
| Amort. of Intangibles | $2M | $2M | $6M | · | · | · | · | · | |
| Operating Cash Flow | $61M | $17M | $7M | $-2M | $74M | $45M | $88M | $115M | |
| CapEx | $14M | $5M | $5M | $17M | $12M | $19M | $5M | $7M | |
| Investing Cash Flow | $-11M | $4M | $6M | $-11M | $-42M | $-31M | $-5M | $-86M | |
| Debt Issued | $0 | $0 | $210M | · | $0 | $548M | · | · | |
| Net Debt Issued | $0 | · | $12M | $-6M | $-6M | $276M | · | · | |
| Stock Issued | $3M | $11M | $6M | $36M | $12M | $1M | · | · | |
| Stock Repurchased | $2M | $10M | $5M | $49M | $46M | $9M | · | · | |
| Net Stock Activity | $499.0K | $1M | $731.0K | $-13M | $-34M | $-9M | · | · | |
| Financing Cash Flow | $-87M | $225.0K | $-5M | $-20M | $-42M | $122M | $-84M | $-29M | |
| Net Change in Cash | $-37M | $20M | $6M | $-34M | $-8M | $136M | · | · | |
| Taxes Paid | $7M | $10M | $11M | $12M | $6M | $2M | $12M | $18M | |
| Free Cash Flow | $47M | $12M | $2M | $-20M | $62M | $26M | · | · | |
| Levered FCF | · | $-427.5K | $-20M | $-42M | $49M | $8M | · | · |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.7% | 73.7% | 67.7% | 70.4% | 73.9% | 67.3% | · | · | |
| Operating Margin | -0.91% | -174.9% | -9.2% | -56.2% | 15.7% | 5.9% | · | · | |
| Net Margin | -7.4% | -177.4% | -19.1% | -94.8% | 11.8% | -6.3% | · | · | |
| Pretax Margin | -3.5% | -176.3% | -12.4% | -60.6% | 12.5% | -7.9% | · | · | |
| EBITDA Margin | -0.91% | -174.9% | -9.2% | -56.2% | 15.7% | 5.9% | · | · | |
| ROA | -2.8% | -58.8% | -4.3% | -20.6% | 2.7% | -1.3% | · | · | |
| ROE | -12.5% | -398.3% | -8.1% | -37.4% | 4.5% | -2.2% | · | · | |
| ROIC | -1.4% | -137.9% | -4.3% | -29.3% | 4.4% | 1.2% | · | · |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.9 | 1.2 | 1.5 | 1.5 | 1.7 | 1.2 | · | · | |
| Quick Ratio | 0.6 | 0.3 | 0.5 | 0.4 | 0.5 | 0.3 | · | · | |
| Debt / Equity | 1.3 | 2.0 | 0.4 | 0.4 | 0.3 | 0.3 | · | · | |
| LT Debt / Equity | 1.3 | 1.4 | 0.4 | 0.4 | 0.3 | 0.3 | · | · | |
| Interest Coverage | · | -46.2 | -1.8 | -12.8 | 4.3 | 0.9 | · | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | · | · | |
| Inventory Turnover | 65.4 | 116.3 | · | · | · | · | · | · | |
| Receivables Turnover | 4.1 | 5.3 | 5.5 | 7.2 | 8.0 | 5.7 | · | · |
Growth Rates 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -24.1% | 12.6% | -10.2% | -15.3% | 17.0% | · | · | · | |
| Revenue CAGR 3Y | -8.4% | -5.0% | -3.8% | · | · | · | · | · | |
| Revenue CAGR 5Y | -5.3% | · | · | · | · | · | · | · |
Valuation (TTM) 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $252M | $332M | $294M | $328M | $387M | $331M | $303M | · | |
| Net Income TTM | $-19M | $-588M | $-56M | $-311M | $46M | $-18M | $100M | · | |
| Market Cap | $540M | $132M | $823M | $621M | $3.65B | $1.80B | · | · | |
| P/E | -29.0 | -0.2 | -14.6 | -2.0 | 82.1 | -97.7 | 6.2 | · | |
| P/S | 2.1 | 0.4 | 2.8 | 1.9 | 9.4 | 5.4 | · | · | |
| P/B | 3.6 | 0.9 | 1.2 | 0.9 | 3.5 | 1.9 | · | · | |
| P / Cash Flow | 8.8 | 7.7 | 109.8 | -290.5 | 49.1 | 40.2 | · | · | |
| P / FCF | 11.5 | 10.8 | 346.8 | -31.7 | 58.6 | 69.8 | · | · | |
| Earnings Yield | -3.5% | -448.2% | -6.9% | -50.3% | 1.2% | -1.0% | 16.0% | · |
Income Statement 18
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70M | $64M | $115M | $61M | $62M | $78M | $51M | $55M | $71M | $68M | $138M | $81M | $62M | $68M | $84M | $58M | |
| Cost of Revenue | $17M | $17M | $16M | $17M | $16M | $18M | $18M | $20M | $20M | $21M | $26M | $23M | $21M | $25M | $26M | $24M | |
| Gross Profit | $53M | $47M | $99M | $44M | $46M | $60M | $33M | $35M | $50M | $47M | $112M | $58M | $41M | $43M | $57M | $34M | |
| R&D Expense | $29M | $30M | $25M | $26M | $27M | $23M | $21M | $25M | $31M | $32M | $33M | $35M | $30M | $28M | $29M | $25M | |
| SG&A Expense | $15M | $13M | $32M | $12M | $12M | $11M | $13M | $13M | $10M | $17M | $13M | $11M | $13M | $19M | $14M | $11M | |
| Operating Expenses | $51M | $50M | $70M | $46M | $47M | $43M | $50M | $54M | $405M | $311M | $53M | $54M | $49M | $64M | $59M | $263M | |
| Operating Income | $2M | $-2M | $29M | $-2M | $-948.0K | $17M | $-17M | $-19M | $-355M | $-264M | $59M | $4M | $-9M | $-21M | $-2M | $-229M | |
| Interest Expense | · | · | · | · | · | $3M | $3M | · | $3M | $3M | $3M | · | $4M | $4M | $4M | $4M | |
| Interest Income | $710.0K | $655.0K | $865.0K | $603.0K | $895.0K | $918.0K | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $870.0K | $591.0K | |
| Other Non-op | $413.0K | $288.0K | $2M | $-3M | $2M | $499.0K | $272.0K | $503.0K | $626.0K | $-25.0K | $1M | $-2M | $-2M | $1M | $4M | $-255.0K | |
| Pretax Income | $2M | $-3M | $30M | $-5M | $-789.0K | $16M | $-19M | $-20M | $-356M | $-266M | $58M | $346.0K | $-13M | $-22M | $-908.0K | $-233M | |
| Income Tax | $15.0K | $-5M | $35M | $8M | $2M | $-6M | $6M | $33.0K | $-43M | $12M | $34M | $12M | $3M | $4M | $1M | $-3M | |
| Net Income | $2M | $2M | $-5M | $-13M | $-3M | $22M | $-24M | $-20M | $-314M | $-278M | $24M | $-12M | $-16M | $-26M | $-2M | $-230M | |
| EPS (Basic) | $0.03 | $0.04 | $-0.12 | $-0.30 | $-0.06 | $0.50 | $-0.57 | $-0.54 | $-7.50 | $-6.66 | $0.58 | $-0.29 | $-0.41 | $-0.65 | $-0.05 | $-5.88 | |
| EPS (Diluted) | $0.03 | $0.04 | $-0.12 | $-0.26 | $-0.06 | $0.46 | $-0.57 | $-0.49 | $-7.50 | $-6.66 | $0.53 | $-0.29 | $-0.41 | $-0.65 | $-0.05 | $-5.86 | |
| Shares (Basic) | 45,184,000 | 45,095,000 | 44,953,000 | -86,202,000 | 43,262,000 | 43,223,000 | 42,897,000 | -83,063,000 | 41,795,000 | 41,724,000 | 41,186,000 | -80,290,000 | 40,324,000 | 40,219,000 | 39,962,000 | -78,154,000 | |
| Shares (Diluted) | 47,744,000 | 46,899,000 | 44,953,000 | -94,509,000 | 43,262,000 | 51,530,000 | 42,897,000 | -91,132,000 | 41,795,000 | 41,724,000 | 49,255,000 | -80,290,000 | 40,324,000 | 40,219,000 | 39,962,000 | -83,685,000 | |
| EBITDA | $2M | $-2M | $29M | · | $-948.0K | $17M | $-17M | · | $-355M | $-264M | $59M | · | $-9M | $-21M | $-2M | · |
Balance Sheet 22
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Short-term Investments | $0 | $0 | $3M | $3M | $5M | $5M | $4M | $6M | $5M | $9M | $10M | · | $17M | $12M | $17M | · | |
| Receivables | $46M | $64M | $51M | $59M | $62M | $65M | $48M | $63M | $73M | $67M | $59M | $61M | $57M | $61M | $66M | $45M | |
| Inventory | $800.0K | $1M | $1M | $1M | $2M | $1M | $2M | $1M | $1M | $1M | $900.0K | · | · | · | · | · | |
| Prepaid Expense | $34M | $28M | $36M | $40M | $44M | $40M | $40M | $70M | $40M | $52M | $56M | · | $52M | $56M | $61M | · | |
| Current Assets | $212M | $204M | $186M | $191M | $190M | $232M | $200M | $266M | $240M | $233M | $228M | · | $219M | $232M | $242M | · | |
| Goodwill | $296M | $297M | $299M | $299M | $299M | $293M | $289M | $297M | $292M | $651M | $906M | $900M | $905M | $904M | $902M | $891M | |
| Intangibles | · | · | · | $0 | $0 | $551.0K | $1M | $2M | $2M | $3M | $3M | · | $5M | $5M | $8M | · | |
| Other Non-current Assets | $17M | $17M | $18M | $19M | $20M | $21M | $21M | $22M | $24M | $25M | $38M | · | $49M | $52M | $54M | · | |
| Total Assets | $621M | $617M | $602M | $631M | $637M | $666M | $618M | $702M | $674M | $987M | $1.26B | · | $1.31B | $1.34B | $1.35B | · | |
| Accounts Payable | $3M | $8M | $5M | $901.0K | $6M | $7M | $8M | $4M | $10M | $16M | $19M | · | $16M | $19M | $19M | · | |
| Current Liabilities | $102M | $107M | $99M | $101M | $108M | $158M | $152M | $217M | $183M | $107M | $120M | · | $168M | $166M | $165M | · | |
| Capital Leases | $10M | $11M | $12M | $13M | $14M | $15M | $10M | $9M | $8M | $7M | $8M | · | $9M | $11M | $12M | · | |
| Other Non-current Liabilities | $27M | $26M | $27M | $26M | $28M | $26M | $25M | $26M | $26M | $28M | $27M | · | $24M | $24M | $21M | · | |
| Total Liabilities | $455M | $458M | $452M | $480M | $481M | $516M | $497M | $561M | $520M | $524M | $534M | · | $609M | $626M | $628M | · | |
| Long-term Debt | $173M | $173M | $172M | $200M | $199M | $258M | $256M | $282M | $280M | $279M | $277M | · | $279M | $277M | $280M | · | |
| Total Debt | $173M | $173M | $172M | · | $199M | $258M | $256M | · | $280M | $279M | $277M | · | $279M | $277M | $280M | · | |
| Common Stock | $451.0K | $451.0K | $450.0K | $434.0K | $433.0K | $433.0K | $430.0K | $419.0K | $418.0K | $417.0K | $412.0K | · | $403.0K | $403.0K | $400.0K | · | |
| Retained Earnings | $-942M | $-944M | $-946M | $-940M | $-927M | $-924M | $-946M | $-922M | $-901M | $-588M | $-310M | · | $-322M | $-306M | $-280M | · | |
| AOCI | $-28M | $-27M | $-26M | $-25M | $-26M | $-29M | $-30M | $-26M | $-29M | $-27M | $-23M | · | $-25M | $-23M | $-24M | · | |
| Stockholders' Equity | $166M | $159M | $150M | $151M | $156M | $149M | $121M | $141M | $154M | $463M | $731M | $695M | $703M | $709M | $720M | $713M | |
| Liabilities + Equity | $621M | $617M | $602M | $631M | $637M | $666M | $618M | $702M | $674M | $987M | $1.26B | · | $1.31B | $1.34B | $1.35B | · | |
| Shares Outstanding | 45,188,000 | 45,170,000 | 45,016,000 | 43,374,000 | 43,264,000 | 43,254,000 | 42,988,000 | 41,924,000 | 41,804,000 | 41,777,000 | 41,237,000 | · | 40,333,000 | 40,292,000 | 40,017,000 | · |
Cash Flow 17
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $3M | $3M | $2M | $2M | $3M | $3M | $2M | $3M | $3M | $3M | $3M | $3M | $3M | $5M | $5M | $5M | |
| Stock-based Comp | $8M | $7M | $5M | $7M | $6M | $6M | $8M | $4M | $6M | $5M | $8M | $9M | $7M | $12M | $12M | $5M | |
| Deferred Tax | $-2M | $-5M | $22M | $6M | $-1M | $-9M | $5M | $-2M | $-44M | $11M | $30M | $6M | $2M | $-258.0K | $-164.0K | $-6M | |
| Amort. of Intangibles | · | · | · | $0 | $600.0K | $500.0K | $600.0K | $500.0K | $600.0K | $600.0K | $600.0K | $600.0K | $700.0K | $2M | $2M | · | |
| Operating Cash Flow | $20M | $14M | $38M | $13M | $24M | $15M | $9M | $6M | $13M | $1M | $-3M | $11M | $-8M | $7M | $-2M | $-5M | |
| CapEx | $340.0K | $482.0K | $2M | $3M | $8M | $2M | $1M | $1M | $774.0K | $2M | $931.0K | $2M | $2M | $1M | $683.0K | $3M | |
| Investing Cash Flow | $-397.0K | $2M | $-2M | $-2M | $-8M | $-2M | $759.0K | $54.0K | $4M | $-944.0K | $1M | $8M | $-5M | $709.0K | $2M | $-7M | |
| Debt Issued | · | · | · | · | · | · | · | · | · | · | · | $20M | · | · | · | · | |
| Net Debt Issued | · | · | $-28M | · | · | · | · | · | · | · | · | · | · | · | $-2M | · | |
| Stock Issued | $51.0K | $562.0K | $7M | $675.0K | $29.0K | $811.0K | $1M | $264.0K | $176.0K | $4M | $6M | $938.0K | $293.0K | $3M | $2M | $1M | |
| Stock Repurchased | $52.0K | $13.0K | $8M | $180.0K | $29.0K | $802.0K | $1M | $8.0K | $113.0K | $4M | $6M | $60.0K | $404.0K | $2M | $3M | $1M | |
| Net Stock Activity | · | · | $-42.0K | · | · | · | $-5.0K | · | · | · | $-8.0K | · | · | · | $-920.0K | · | |
| Financing Cash Flow | $-1.0K | $549.0K | $-28M | $415.0K | $-60M | $-105.0K | $-27M | $167.0K | $-457.0K | $645.0K | $-130.0K | $-4M | $4M | $-2M | $-3M | $-2M | |
| Net Change in Cash | $19M | $16M | $8M | $10M | $-44M | $13M | $-17M | $6M | $16M | $440.0K | $-2M | $15M | $-9M | $5M | $-4M | $-14M | |
| Taxes Paid | $2M | $741.0K | $9M | $2M | $2M | $3M | $9.0K | $2M | $2M | $3M | $3M | $5M | $2M | $2M | $2M | $2M | |
| Free Cash Flow | · | · | $36M | · | · | · | $8M | · | · | · | $-4M | · | · | · | $-3M | · | |
| Levered FCF | · | · | · | · | · | · | $3M | · | · | · | $-5M | · | · | · | $-11M | · |
Profitability 8
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 76.0% | 73.7% | 86.3% | · | 73.7% | 77.1% | 65.0% | · | 71.5% | 69.2% | 81.0% | · | 66.0% | 63.4% | 68.7% | · | |
| Operating Margin | 2.7% | -3.8% | 25.5% | · | -1.5% | 22.2% | -33.3% | · | -503.1% | -389.8% | 42.4% | · | -13.8% | -30.1% | -2.4% | · | |
| Net Margin | 2.2% | 2.6% | -4.5% | · | -4.4% | 27.8% | -47.7% | · | -444.5% | -409.8% | 17.2% | · | -26.7% | -38.1% | -2.6% | · | |
| Pretax Margin | 2.2% | -4.6% | 26.1% | · | -1.3% | 20.6% | -36.6% | · | -504.8% | -392.7% | 42.1% | · | -21.8% | -32.7% | -1.1% | · | |
| EBITDA Margin | 2.7% | -3.8% | 25.5% | · | -1.5% | 22.2% | -33.3% | · | -503.1% | -389.8% | 42.4% | · | -13.8% | -30.1% | -2.4% | · | |
| ROA | 0.24% | 0.26% | -0.86% | · | -0.42% | 2.6% | -2.6% | · | -31.6% | -23.9% | 1.8% | · | -1.1% | -1.7% | -0.14% | · | |
| ROE | 0.95% | 1.1% | -3.9% | · | -1.8% | 7.1% | -5.7% | · | -73.2% | -47.4% | 3.3% | · | -2.0% | -3.0% | -0.24% | · | |
| ROIC | 0.55% | 0.41% | -1.6% | · | -0.92% | 5.8% | -5.9% | · | -71.9% | -37.2% | 2.4% | · | -1.1% | -2.4% | -0.47% | · |
Liquidity & Solvency 5
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.1 | 1.9 | 1.9 | · | 1.8 | 1.5 | 1.3 | · | 1.3 | 2.2 | 1.9 | · | 1.3 | 1.4 | 1.5 | · | |
| Quick Ratio | 0.5 | 0.6 | 0.5 | · | 0.6 | 0.4 | 0.3 | · | 0.4 | 0.7 | 0.6 | · | 0.4 | 0.4 | 0.5 | · | |
| Debt / Equity | 1.0 | 1.1 | 1.1 | · | 1.3 | 1.7 | 2.1 | · | 1.8 | 0.6 | 0.4 | · | 0.4 | 0.4 | 0.4 | · | |
| LT Debt / Equity | 1.0 | 1.1 | 1.1 | · | 1.3 | 1.3 | 1.6 | · | 1.3 | 0.6 | 0.4 | · | 0.4 | 0.4 | 0.4 | · | |
| Interest Coverage | · | · | · | · | · | 6.4 | -5.0 | · | -114.3 | -85.0 | 18.1 | · | -2.1 | -5.2 | -0.6 | · |
Efficiency 3
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | 0.2 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.0 | 0.0 | 0.1 | · | |
| Inventory Turnover | 12.4 | 15.4 | 10.5 | · | 11.3 | 15.5 | 13.2 | · | 40.2 | 38.0 | 58.5 | · | · | · | · | · | |
| Receivables Turnover | 1.3 | 1.0 | 2.3 | · | 0.9 | 1.2 | 1.0 | · | 1.1 | 1.1 | 2.2 | · | 1.0 | 1.2 | 1.6 | · |
Valuation (TTM) 9
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $311M | $320M | $306M | · | $262M | $267M | $328M | · | $338M | $336M | $352M | · | $303M | $327M | $353M | · | |
| Net Income TTM | $-5M | $15M | $-11M | · | $-319M | $-594M | $-592M | · | $-584M | $-297M | $-21M | · | $-144M | $-128M | $-83M | · | |
| Market Cap | $512M | $285M | $481M | · | $442M | $342M | $337M | · | $118M | $658M | $811M | · | $1.18B | $1.13B | $742M | · | |
| P/E | -102.9 | 19.7 | -36.9 | · | -1.3 | -0.6 | -0.6 | · | -0.2 | -2.2 | -33.9 | · | -8.0 | -8.7 | -8.7 | · | |
| P/S | 1.6 | 0.9 | 1.6 | · | 1.7 | 1.3 | 1.0 | · | 0.3 | 2.0 | 2.3 | · | 3.9 | 3.5 | 2.1 | · | |
| P/B | 3.1 | 1.8 | 3.2 | · | 2.8 | 2.3 | 2.8 | · | 0.8 | 1.4 | 1.1 | · | 1.7 | 1.6 | 1.0 | · | |
| P / Cash Flow | · | · | 12.7 | · | · | · | 36.5 | · | · | · | -288.0 | · | · | · | -350.1 | · | |
| P / FCF | · | · | 13.5 | · | · | · | 42.7 | · | · | · | -216.4 | · | · | · | -264.7 | · | |
| Earnings Yield | -0.97% | 5.1% | -2.7% | · | -75.1% | -180.6% | -180.9% | · | -496.1% | -45.6% | -2.9% | · | -12.4% | -11.5% | -11.4% | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Revenue | $252M | $332M | $294M | $328M | $387M |
| Gross Margin % | 72.7% | 73.7% | 67.7% | 70.4% | 73.9% |
| Operating Margin % | -0.91% | -174.9% | -9.2% | -56.2% | 15.7% |
| Net Income | $-19M | $-588M | $-56M | $-311M | $46M |
| Diluted EPS | $-0.43 | $-14.12 | $-1.40 | $-7.93 | $1.17 |
Balance Sheet
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Debt / Equity | 1.3 | 2.0 | 0.4 | 0.4 | 0.3 |
| Current Ratio | 1.9 | 1.2 | 1.5 | 1.5 | 1.7 |
| Quick Ratio | 0.6 | 0.3 | 0.5 | 0.4 | 0.5 |
Cash Flow
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Free Cash Flow | $47M | $12M | $2M | $-20M | $62M |
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Institutional owners (13F) 225 filers · $271.8M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 33 (-11 vs prior Q) | 24 (-16 vs prior Q) | 68 (+6 vs prior Q) | 66 (-2 vs prior Q) | +240K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| AMERICAN CAPITAL MANAGEMENT INC | $27,251,745 | 2,407,398 | 10.03% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $20,809,488 | 1,838,294 | 7.66% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $18,662,899 | 1,648,666 | 6.87% | Shares |
| No Street GP LP | $17,263,000 | 1,525,000 | 6.35% | Shares |
| One Fin Capital Management LP | $16,187,600 | 1,430,000 | 5.96% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $14,640,247 | 1,293,308 | 5.39% | Shares |
| STATE STREET CORP | $14,125,447 | 1,247,831 | 5.20% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $11,412,136 | 1,007,839 | 4.20% | Shares |
| TWO SIGMA INVESTMENTS, LP | $9,143,990 | 807,773 | 3.36% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $8,797,904 | 777,200 | 3.24% | Shares |
| PARADIGM CAPITAL MANAGEMENT INC/NY | $6,339,200 | 560,000 | 2.33% | Shares |
| MACKENZIE FINANCIAL CORP | $5,901,467 | 521,331 | 2.17% | Shares |
| TWO SIGMA ADVISERS, LP | $5,169,684 | 483,600 | 1.90% | Shares |
| GOLDMAN SACHS GROUP INC | $4,713,512 | 416,388 | 1.73% | Shares |
| Trexquant Investment LP | $4,209,093 | 371,828 | 1.55% | Shares |
| Concurrent Investment Advisors, LLC | $3,882,986 | 343,020 | 1.43% | Shares |
| CITADEL ADVISORS LLC | $3,611,080 | 319,000 | 1.33% | Call option |
| GLOBEFLEX CAPITAL L P | $3,495,027 | 308,748 | 1.29% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $3,475,308 | 307,006 | 1.28% | Shares |
| MILLENNIUM MANAGEMENT LLC | $3,316,160 | 292,947 | 1.22% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $3,306,572 | 292,100 | 1.22% | Shares |
| Kovack Advisors, Inc. | $3,274,359 | 283,986 | 1.20% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $2,972,270 | 262,568 | 1.09% | Shares |
| ALGERT GLOBAL LLC | $2,948,034 | 260,427 | 1.08% | Shares |
| Cubist Systematic Strategies, LLC | $2,938,068 | 235,800 | 1.08% | Put option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2,347,553 | 207,381 | 0.86% | Shares |
| CITADEL ADVISORS LLC | $1,999,112 | 176,600 | 0.74% | Put option |
| Bank of New York Mellon Corp | $1,752,789 | 154,840 | 0.64% | Shares |
| PEAK6 LLC | $1,630,080 | 144,000 | 0.60% | Call option |
| Vanguard Global Advisers, LLC | $1,618,522 | 142,979 | 0.60% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $1,589,702 | 140,433 | 0.58% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $1,517,480 | 134,053 | 0.56% | Shares |
| BlackRock, Inc. | $1,303,306 | 115,133 | 0.48% | Shares |
| WOLVERINE TRADING, LLC | $1,243,732 | 103,300 | 0.46% | Call option |
| IMC-Chicago, LLC | $1,178,457 | 104,104 | 0.43% | Shares |
| Cubist Systematic Strategies, LLC | $1,060,346 | 85,100 | 0.39% | Call option |
| ACORN FINANCIAL ADVISORY SERVICES INC /ADV | $1,005,793 | 88,851 | 0.37% | Shares |
| FEDERATED HERMES, INC. | $1,003,982 | 88,691 | 0.37% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,000,688 | 88,400 | 0.37% | Put option |
| JANE STREET GROUP, LLC | $957,672 | 84,600 | 0.35% | Call option |
| BOOTHBAY FUND MANAGEMENT, LLC | $953,585 | 84,239 | 0.35% | Shares |
| MORGAN STANLEY | $919,908 | 81,264 | 0.34% | Shares |
| D. E. Shaw & Co., Inc. | $917,418 | 81,044 | 0.34% | Shares |
| IEQ CAPITAL, LLC | $900,733 | 79,570 | 0.33% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $869,376 | 76,800 | 0.32% | Call option |
| AMERICAN CENTURY COMPANIES INC | $866,320 | 76,530 | 0.32% | Shares |
| Quantinno Capital Management LP | $850,151 | 75,101 | 0.31% | Shares |
| BANK OF AMERICA CORP /DE/ | $847,982 | 74,910 | 0.31% | Shares |
| WOLVERINE TRADING, LLC | $842,800 | 70,000 | 0.31% | Put option |
| Graham Capital Management, L.P. | $821,957 | 72,611 | 0.30% | Shares |
| TUDOR INVESTMENT CORP ET AL | $806,573 | 71,252 | 0.30% | Shares |
| Point72 Asset Management, L.P. | $803,165 | 70,951 | 0.30% | Shares |
| FMR LLC | $735,472 | 64,971 | 0.27% | Shares |
| Mariner, LLC | $716,514 | 63,314 | 0.26% | Shares |
| Numerai GP LLC | $711,394 | 62,844 | 0.26% | Shares |
| Ares Systematic Credit Ltd | $695,365 | 61,428 | 0.26% | Shares |
| Walleye Trading LLC | $682,596 | 60,300 | 0.25% | Call option |
| RHUMBLINE ADVISERS | $634,780 | 56,077 | 0.23% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $524,467 | 50,092 | 0.19% | Shares |
| Aquatic Capital Management LLC | $500,027 | 44,172 | 0.18% | Shares |
| Themes Management Co LLC | $497,627 | 43,960 | 0.18% | Shares |
| HSBC HOLDINGS PLC | $497,376 | 43,899 | 0.18% | Shares |
| PINNACLE ASSOCIATES LTD | $494,118 | 43,650 | 0.18% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $484,983 | 42,843 | 0.18% | Shares |
| MARSHALL WACE, LLP | $473,538 | 41,832 | 0.17% | Shares |
| Crawford Fund Management, LLC | $466,384 | 41,200 | 0.17% | Put option |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $458,528 | 40,506 | 0.17% | Shares |
| Creative Planning | $451,611 | 39,895 | 0.17% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $438,435 | 38,731 | 0.16% | Shares |
| State of Wyoming | $401,215 | 35,443 | 0.15% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $370,289 | 32,711 | 0.14% | Shares |
| Integrated Quantitative Investments LLC | $368,896 | 32,588 | 0.14% | Shares |
| SIMPLEX TRADING, LLC | $340,935 | 30,118 | 0.13% | Shares |
| Walleye Trading LLC | $340,732 | 30,100 | 0.13% | Put option |
| WOLVERINE ASSET MANAGEMENT LLC | $330,544 | 29,200 | 0.12% | Put option |
| XTX Topco Ltd | $325,371 | 28,743 | 0.12% | Shares |
| ALLIANCEBERNSTEIN L.P. | $320,043 | 50,720 | 0.12% | Shares |
| Almanack Investment Partners, LLC. | $303,885 | 26,845 | 0.11% | Shares |
| Campbell & CO Investment Adviser LLC | $301,927 | 26,672 | 0.11% | Shares |
| MetLife Investment Management, LLC | $286,724 | 25,329 | 0.11% | Shares |
| GROUP ONE TRADING LLC | $286,385 | 25,299 | 0.11% | Shares |
| WOLVERINE TRADING, LLC | $277,859 | 23,078 | 0.10% | Shares |
| CITADEL ADVISORS LLC | $276,763 | 24,449 | 0.10% | Shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | $271,057 | 23,945 | 0.10% | Shares |
| PRELUDE CAPITAL MANAGEMENT, LLC | $261,107 | 23,066 | 0.10% | Shares |
| AXQ CAPITAL, LP | $258,583 | 22,843 | 0.10% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $258,096 | 22,800 | 0.09% | Shares |
| Integrated Wealth Concepts LLC | $239,023 | 21,115 | 0.09% | Shares |
| CWM, LLC | $234,953 | 37,235 | 0.09% | Shares |
| K2 PRINCIPAL FUND, L.P. | $226,400 | 20,000 | 0.08% | Call option |
| Caprock Group, LLC | $209,918 | 18,544 | 0.08% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $201,593 | 17,809 | 0.07% | Shares |
| Invesco Ltd. | $200,466 | 17,709 | 0.07% | Shares |
| Y-Intercept (Hong Kong) Ltd | $194,206 | 17,156 | 0.07% | Shares |
| Wealthcare Advisory Partners LLC | $193,391 | 17,084 | 0.07% | Shares |
| Olympiad Research LP | $192,961 | 17,046 | 0.07% | Shares |
| JANE STREET GROUP, LLC | $192,440 | 17,000 | 0.07% | Put option |
| Nuveen, LLC | $183,407 | 16,202 | 0.07% | Shares |
| Phoenix Financial Ltd. | $172,566 | 15,290 | 0.06% | Shares |
| LPL Financial LLC | $171,487 | 15,149 | 0.06% | Shares |
Company insiders 20 insiders · 9 officers · 11 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Brian M Krzanich | Chief Executive Officer | Oct. 11, 2024 A | 1,038,062 | 0 | 0 | $0 |
| Stefan Ortmanns | Chief Executive Officer | June 24, 2024 S | 511,597 | 0 | 0 | $0 |
| Sanjay Dhawan | Chief Executive Officer | Jan. 22, 2020 A | 520,318 | 0 | 0 | $0 |
| Antonio Rodriquez | CFO | Dec. 6, 2024 A | 313,283 | 0 | 0 | $0 |
| Mark J Gallenberger | Chief Financial Officer | Nov. 13, 2019 A | 86,206 | 0 | 0 | $0 |
| Christian Mentz | EVP, Chief Revenue Officer | Feb. 13, 2025 S | 142,747 | 0 | 0 | $0 |
| Nils Schanz | EVP Product & Technology | Jan. 13, 2025 A | 145,289 | 0 | 0 | $0 |
| Katherine Roman | VP Corporate Controller | Nov. 25, 2024 S | 37,330 | 0 | 0 | $0 |
| Leanne Fitzgerald | General Counsel | Dec. 2, 2019 F | 49,159 | 0 | 0 | $0 |
| Marion Harris | Director | April 1, 2025 A | 14,210 | 0 | 0 | $0 |
| Douglas Lee Davis | Director | Feb. 13, 2025 A | 26,576 | 0 | 0 | $0 |
| Marcy S Klevorn | Director | Feb. 13, 2025 A | 22,436 | 0 | 0 | $0 |
| Kristi Ann Matus | Director | Feb. 13, 2025 A | 41,769 | 0 | 0 | $0 |
| Marianne Budnik | Director | Feb. 13, 2025 A | 47,198 | 0 | 0 | $0 |
| Alfred A Nietzel | Director | Feb. 13, 2025 A | 42,198 | 0 | 0 | $0 |
| Arun Sarin | Director | Feb. 13, 2025 A | 63,485 | 0 | 0 | $0 |
| Thomas L Beaudoin | Director | Feb. 3, 2025 S | 173,966 | 0 | 0 | $0 |
| Sanjay K Jha | Director | Oct. 16, 2019 A | 16,286 | 0 | 0 | $0 |
| Nuance Communications, Inc. | 10% owner | Oct. 1, 2019 J | 0 | 0 | 0 | $0 |
| Jennifer Salinas | — | Aug. 10, 2026 S | 694,029 | 0 | 1 | $-229,562 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 37 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| FSCC · Federated Hermes ETF Trust | 0.39% | 83,425 NS | May 31, 2026 | N-PORT |
| BOTZ · Global X Funds | 0.12% | 339,578 NS | May 31, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.08% | 59,378 NS | May 31, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.03% | 73,481 NS | May 31, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.02% | 264,392 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.01% | 2,073 NS | May 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.01% | 19,066 NS | April 30, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.01% | 145,617 NS | April 30, 2026 | N-PORT |
| UWM · ProShares Trust | 0.01% | 1,622 NS | May 31, 2026 | N-PORT |
| DFSV · Dimensional ETF Trust | 0.01% | 59,572 NS | April 30, 2026 | N-PORT |
| URTY · ProShares Trust | 0.01% | 1,642 NS | May 31, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 1,564 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 41 NS | May 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 3,942 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.00% | 71,531 NS | April 30, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 3,909 NS | April 30, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.00% | 542 NS | April 30, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.00% | 15,526 NS | April 30, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.00% | 4,723 NS | April 30, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | — | — | July 30, 2026 | Daily |
| VFVA · VANGUARD WELLINGTON FUND | — | — | July 30, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| ITOT · iShares Trust | — | — | Aug. 4, 2026 | Daily |
| IWV · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| IWN · iShares Trust | — | — | Aug. 17, 2026 | Daily |
| IWO · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| IWM · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| IWC · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | — | — | July 23, 2026 | Daily |
| VGT · VANGUARD WORLD FUND | — | — | July 20, 2026 | Daily |
| SMLF · iShares Trust | — | — | Aug. 10, 2026 | Daily |
| QQQS · Invesco Exchange-Traded Fund Trust … | — | — | July 20, 2026 | Daily |