NXDR Nextdoor Holdings, Inc. Class A Common Stock
$2.50
Price · Aug 18, 2026
Fundamentals as of Aug 4, 2026
52W Range
$1–$4
49% of range
Analyst Rating
HOLD
11 analysts
Price Target
$3
+34% upside
P/E (TTM)
-15.0
ROE
-12.6%
Net Profit Margin
-21.0%
NXDR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$2.50
Market Cap
—
P/E (TTM)
-15.0
EPS (TTM)
$-0.14
Revenue (TTM)
$258M
Div Yield
—
ROE
-12.6%
Debt/Equity
—
52W Range
$1 – $4
NXDR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$258M
2020-12-31
→
2025-12-31
EPS
$-0.14
2020-12-31
→
2025-12-31
Free Cash Flow
$6M
2021-12-31
→
2025-12-31
Margins
-21.0%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
NXDR
Peer Median
P/E (TTM)
-15.0
15.1
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
NXDR
Peer Median
Operating Margin
-27.9%
—
Net Profit Margin
-21.0%
3.5%
ROA
-10.8%
3.0%
ROE
-12.6%
3.9%
ROIC
-17.2%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
NXDR
Peer Median
Current Ratio
14.0
1.8
Quick Ratio
3.1
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
NXDR
Peer Median
Revenue YoY
4.2%
—
Revenue CAGR 3Y
6.6%
—
Revenue CAGR 5Y
15.9%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
NXDR
Peer Median
NXDR 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 · 2026-08-16
Median
$3.27
← Below all targets
$2.50
Low
$2.85
High
$4.00
Median target
$3.27
+31.3%
Mean target
$3.35
+34.3%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.02%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.01 | $-0.02 | 0.01% |
| March 31, 2026 | $-0.03 | $-0.05 | 0.02% |
| Dec. 31, 2025 | $-0.01 | $-0.02 | 0.01% |
| Sept. 30, 2025 | $-0.03 | $-0.05 | 0.02% |
| June 30, 2025 | $-0.04 | $-0.06 | 0.02% |
| March 31, 2025 | $-0.06 | $-0.08 | 0.02% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| NXDR | — | -15.0 | 4.2% | -21.0% | -12.6% | — |
| TRIP | $1.67B | 47.0 | 3.0% | 2.1% | 6.3% | — |
| QNST | $920M | 201.2 | 78.3% | 0.43% | 2.0% | 10.1% |
| GTM | $3.13B | 26.8 | 2.9% | 9.9% | 8.1% | 84.0% |
| FUBO | $5.13B | -28.0 | 18.6% | -10.6% | -31.6% | — |
| TBLA | — | — | — | — | — | — |
| EVER | — | 10.3 | 38.5% | 14.3% | 48.6% | — |
| MAX | — | 33.2 | 28.8% | 2.3% | 783.8% | — |
| CARS | $715M | 38.1 | 0.57% | 2.8% | 4.2% | — |
| BMBL | — | -0.6 | -9.9% | -71.8% | -99.4% | — |
| ZIP | $278M | -10.5 | -5.3% | -7.3% | 46.1% | 89.2% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $258M | $247M | $218M | $213M | $192M | $123M | |
| Cost of Revenue | $41M | $42M | $42M | $39M | $29M | $22M | |
| R&D Expense | $135M | $128M | $150M | $127M | $97M | $69M | |
| SG&A Expense | $62M | $92M | $76M | $68M | $55M | $29M | |
| Operating Expenses | $330M | $369M | $391M | $357M | $287M | $200M | |
| Operating Income | $-72M | $-122M | $-172M | $-144M | $-95M | $-77M | |
| Interest Income | $19M | $24M | $26M | $9M | $177.0K | $727.0K | |
| Other Non-op | $605.0K | $-99.0K | $-505.0K | $-1M | $-539.0K | $817.0K | |
| Pretax Income | $-53M | $-97M | $-147M | $-136M | $-95M | $-75M | |
| Income Tax | $2M | $706.0K | $756.0K | $2M | $157.0K | $127.0K | |
| Net Income | $-54M | $-98M | $-148M | $-138M | $-95M | $-75M | |
| EPS (Basic) | $-0.14 | $-0.25 | $-0.39 | $-0.36 | $-0.65 | $-0.83 | |
| EPS (Diluted) | $-0.14 | $-0.25 | $-0.39 | $-0.36 | $-0.65 | $-0.83 | |
| Shares (Basic) | 386,327,000 | 385,113,000 | 379,254,000 | 378,731,000 | 146,337,000 | 90,190,000 | |
| Shares (Diluted) | 386,327,000 | 385,113,000 | 379,254,000 | 378,731,000 | 146,337,000 | 90,190,000 | |
| EBITDA | $-70M | $-118M | $-167M | $-139M | $-91M | · |
Balance Sheet 22
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $63M | $46M | $60M | $55M | $522M | $84M | |
| Receivables | $34M | $31M | $26M | $30M | $30M | $22M | |
| Prepaid Expense | $9M | $9M | $10M | $12M | $16M | $5M | |
| Current Assets | $448M | $467M | $567M | $625M | $762M | $165M | |
| PP&E (Net) | $2M | $3M | $8M | $12M | $13M | $6M | |
| PP&E (Gross) | $13M | $14M | $19M | $19M | $17M | $8M | |
| Accum. Depreciation | $11M | $11M | $11M | $7M | $4M | $2M | |
| Goodwill | $1M | $1M | $1M | $1M | $1M | $1M | |
| Intangibles | · | $257.0K | $1M | $3M | $5M | $7M | |
| Other Non-current Assets | $16M | $18M | $9M | $6M | $330.0K | $700.0K | |
| Total Assets | $487M | $514M | $655M | $700M | $840M | $218M | |
| Accounts Payable | $2M | $249.0K | $2M | $5M | $6M | $3M | |
| Accrued Liabilities | $21M | $19M | $27M | $22M | $15M | $15M | |
| Current Liabilities | $32M | $28M | $35M | $35M | $34M | $32M | |
| Capital Leases | $23M | $32M | $60M | $54M | $62M | $36M | |
| Other Non-current Liabilities | $221.0K | $270.0K | $218.0K | $0 | · | · | |
| Total Liabilities | $56M | $60M | $96M | $88M | $95M | $68M | |
| Paid-in Capital | $1.35B | $1.32B | $1.32B | $1.23B | $1.23B | $88M | |
| Retained Earnings | $-918M | $-864M | $-766M | $-618M | $-480M | $-385M | |
| AOCI | $2M | $917.0K | $943.0K | $-2M | $-529.0K | $-797.0K | |
| Stockholders' Equity | $431M | $453M | $559M | $611M | $745M | $-298M | |
| Liabilities + Equity | $487M | $514M | $655M | $700M | $840M | $218M |
Cash Flow 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| D&A | $2M | $4M | $6M | $6M | $4M | $3M | |
| Stock-based Comp | $65M | $74M | $83M | $64M | $48M | $23M | |
| Deferred Tax | $847.0K | $-64.0K | $-639.0K | $-230.0K | $0 | $0 | |
| Amort. of Intangibles | · | $1M | $2M | $2M | $2M | $2M | |
| Other Non-cash | $-7M | $-28.0K | $337.0K | $8M | $-8M | · | |
| Operating Cash Flow | $6M | $-20M | $-59M | $-61M | $-51M | $-42M | |
| CapEx | $580.0K | $404.0K | $267.0K | $3M | $9M | $5M | |
| Investing Cash Flow | $43M | $86M | $66M | $-342M | $-150M | $37M | |
| Stock Issued | $1M | $1M | $2M | $1M | $0 | $0 | |
| Stock Repurchased | $19M | $76M | $0 | $77M | $0 | $0 | |
| Net Stock Activity | $-18M | $-74M | $2M | $-76M | $-12M | · | |
| Financing Cash Flow | $-34M | $-81M | $9M | $-64M | $638M | $6M | |
| Net Change in Cash | $15M | $-15M | $16M | $-467M | $437M | $759.0K | |
| Taxes Paid | $500.0K | · | · | · | · | · | |
| Free Cash Flow | $6M | $-21M | $-60M | $-64M | $-60M | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Operating Margin | -27.9% | -49.2% | -78.9% | -67.8% | -49.3% | · | |
| Net Margin | -21.0% | -39.7% | -67.7% | -64.8% | -49.6% | · | |
| Pretax Margin | -20.4% | -39.4% | -67.3% | -64.0% | -49.5% | · | |
| EBITDA Margin | -27.2% | -47.6% | -76.3% | -65.1% | -47.2% | · | |
| ROA | -10.8% | -16.8% | -21.8% | -17.9% | -18.0% | · | |
| ROE | -12.6% | -21.6% | -26.1% | -22.3% | -44.8% | · | |
| ROIC | -17.2% | -27.0% | -31.0% | -23.9% | -12.8% | · |
Liquidity & Solvency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 14.0 | 16.7 | 16.0 | 18.0 | 22.7 | · | |
| Quick Ratio | 3.1 | 2.7 | 2.4 | 2.5 | 16.5 | · |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.5 | 0.4 | 0.3 | 0.3 | 0.4 | · | |
| Receivables Turnover | 7.9 | 8.6 | 7.8 | 7.2 | 7.5 | · |
Growth Rates 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue YoY | 4.2% | 13.3% | 2.6% | 10.7% | 55.9% | · | |
| Revenue CAGR 3Y | 6.6% | 8.8% | 21.0% | · | · | · | |
| Revenue CAGR 5Y | 15.9% | · | · | · | · | · |
Valuation (TTM) 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue TTM | $258M | $247M | $218M | $213M | $192M | · | |
| Net Income TTM | $-54M | $-98M | $-148M | $-138M | $-95M | · | |
| P/E | -15.0 | -9.5 | -4.8 | -5.7 | -12.1 | · | |
| Earnings Yield | -6.7% | -10.5% | -20.6% | -17.5% | -8.2% | · |
Income Statement 16
| Metric | Trend | 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 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75M | $62M | $69M | $69M | $65M | $54M | $65M | $66M | $63M | $53M | $56M | $56M | $57M | $50M | $53M | $54M | |
| Cost of Revenue | $11M | $11M | $10M | $10M | $11M | $9M | $10M | $11M | $10M | $10M | $11M | $11M | $10M | $10M | $10M | $10M | |
| R&D Expense | $33M | $32M | $31M | $36M | $35M | $33M | $34M | $32M | $31M | $31M | $40M | $40M | $37M | $33M | $32M | $33M | |
| SG&A Expense | $15M | $14M | $14M | $16M | $16M | $16M | $18M | $17M | $40M | $17M | $21M | $20M | $19M | $16M | $17M | $18M | |
| Operating Expenses | $80M | $77M | $77M | $86M | $85M | $81M | $82M | $86M | $112M | $88M | $103M | $100M | $98M | $89M | $90M | $90M | |
| Operating Income | $-6M | $-15M | $-7M | $-17M | $-20M | $-27M | $-17M | $-21M | $-49M | $-35M | $-48M | $-44M | $-41M | $-39M | $-36M | $-36M | |
| Interest Income | $4M | $4M | $4M | $5M | $5M | $5M | $5M | $6M | $6M | $7M | $7M | $7M | $6M | $6M | $4M | $3M | |
| Other Non-op | $4.0K | $14.0K | $98.0K | $-121.0K | $408.0K | $220.0K | $-325.0K | $243.0K | $142.0K | $-159.0K | $21.0K | $-217.0K | $-193.0K | $-116.0K | $259.0K | $-709.0K | |
| Pretax Income | $-2M | $-11M | $-3M | $-13M | $-15M | $-22M | $-12M | $-15M | $-42M | $-28M | $-40M | $-38M | $-35M | $-33M | $-32M | $-34M | |
| Income Tax | $294.0K | $137.0K | $1M | $131.0K | $268.0K | $141.0K | $23.0K | $168.0K | $316.0K | $199.0K | $42.0K | $289.0K | $124.0K | $301.0K | $1M | $319.0K | |
| Net Income | $-2M | $-11M | $-4M | $-13M | $-15M | $-22M | $-12M | $-15M | $-43M | $-28M | $-41M | $-38M | $-35M | $-34M | $-33M | $-35M | |
| EPS (Basic) | $-0.01 | $-0.03 | $-0.01 | $-0.03 | $-0.04 | $-0.06 | $-0.03 | $-0.04 | $-0.11 | $-0.07 | $-0.11 | $-0.10 | $-0.09 | $-0.09 | $-0.08 | $-0.09 | |
| EPS (Diluted) | $-0.01 | $-0.03 | $-0.01 | $-0.03 | $-0.04 | $-0.06 | $-0.03 | $-0.04 | $-0.11 | $-0.07 | $-0.11 | $-0.10 | $-0.09 | $-0.09 | $-0.08 | $-0.09 | |
| Shares (Basic) | 381,056,000 | 386,822,000 | -768,014,000 | 387,297,000 | 382,709,000 | 384,335,000 | -773,633,000 | 378,437,000 | 388,090,000 | 392,219,000 | -751,149,000 | 381,482,000 | 375,896,000 | 373,025,000 | -766,029,000 | 377,756,000 | |
| Shares (Diluted) | 381,056,000 | 386,822,000 | -768,014,000 | 387,297,000 | 382,709,000 | 384,335,000 | -773,633,000 | 378,437,000 | 388,090,000 | 392,219,000 | -751,149,000 | 381,482,000 | 375,896,000 | 373,025,000 | -766,029,000 | 377,756,000 | |
| EBITDA | $-6M | $-15M | · | $-17M | $-20M | $-26M | · | $-21M | $-49M | $-33M | · | $-44M | $-41M | $-37M | · | $-36M |
Balance Sheet 22
| Metric | Trend | 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 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $64M | $56M | $63M | $56M | $62M | $57M | $46M | $50M | $53M | $70M | $60M | $48M | $74M | $68M | $55M | $91M | |
| Receivables | $38M | $33M | $34M | $33M | $27M | $22M | $31M | $30M | $28M | $26M | · | $30M | $28M | $28M | · | $27M | |
| Prepaid Expense | $10M | $10M | $9M | $12M | $8M | $12M | $9M | $15M | $9M | $16M | · | $11M | $12M | $11M | · | $10M | |
| Current Assets | $426M | $416M | $448M | $448M | $448M | $452M | $467M | $469M | $493M | $540M | · | $581M | $592M | $614M | · | $642M | |
| PP&E (Net) | $1M | $1M | $2M | $2M | $2M | $2M | $3M | $3M | $4M | $7M | · | $9M | $10M | $11M | · | $13M | |
| PP&E (Gross) | · | · | $13M | · | · | · | $14M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $11M | · | · | · | $11M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | · | $1M | $1M | $1M | · | $1M | |
| Intangibles | · | · | · | $96.0K | $151.0K | $205.0K | · | $311.0K | $524.0K | $859.0K | · | $2M | $2M | $3M | · | $4M | |
| Other Non-current Assets | $15M | $16M | $16M | $17M | $17M | $17M | $18M | $18M | $17M | $17M | · | $8M | $8M | $6M | · | $599.0K | |
| Total Assets | $462M | $453M | $487M | $489M | $490M | $495M | $514M | $518M | $542M | $633M | · | $670M | $684M | $695M | · | $714M | |
| Accounts Payable | $2M | $678.0K | $2M | $4M | $4M | $1M | $249.0K | $239.0K | $3M | $2M | · | $3M | $6M | $5M | · | $6M | |
| Accrued Liabilities | $21M | $20M | $21M | $20M | $20M | $19M | $19M | $18M | $22M | $24M | · | $25M | $25M | $23M | · | $20M | |
| Current Liabilities | $32M | $30M | $32M | $33M | $33M | $29M | $28M | $27M | $33M | $33M | · | $35M | $37M | $33M | · | $35M | |
| Capital Leases | $19M | $21M | $23M | $26M | $28M | $30M | $32M | $34M | $37M | $59M | · | $62M | $64M | $65M | · | $56M | |
| Other Non-current Liabilities | $294.0K | $225.0K | $221.0K | $304.0K | $303.0K | $282.0K | $270.0K | $391.0K | $384.0K | $219.0K | · | $267.0K | $267.0K | · | · | · | |
| Total Liabilities | $51M | $51M | $56M | $59M | $61M | $59M | $60M | $62M | $70M | $92M | · | $97M | $101M | $98M | · | $90M | |
| Paid-in Capital | $1.34B | $1.33B | $1.35B | $1.34B | $1.33B | $1.32B | $1.32B | $1.31B | $1.31B | $1.34B | · | $1.30B | $1.27B | $1.25B | · | $1.21B | |
| Retained Earnings | $-932M | $-930M | $-918M | $-914M | $-901M | $-886M | $-864M | $-852M | $-837M | $-794M | · | $-725M | $-687M | $-652M | · | $-585M | |
| AOCI | $-67.0K | $343.0K | $2M | $2M | $1M | $1M | $917.0K | $2M | $-256.0K | $159.0K | · | $-2M | $-2M | $-686.0K | · | $-4M | |
| Stockholders' Equity | $411M | $401M | $431M | $430M | $430M | $436M | $453M | $456M | $472M | $541M | $559M | $573M | $583M | $596M | $611M | $623M | |
| Liabilities + Equity | $462M | $453M | $487M | $489M | $490M | $495M | $514M | $518M | $542M | $633M | · | $670M | $684M | $695M | · | $714M |
Cash Flow 13
| Metric | Trend | 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 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $329.0K | $356.0K | $402.0K | $475.0K | $514.0K | $544.0K | $591.0K | $777.0K | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | |
| Stock-based Comp | $15M | $15M | $15M | $17M | $17M | $17M | $20M | $18M | $16M | $20M | $22M | $23M | $22M | $16M | $17M | $17M | |
| Other Non-cash | · | $-2M | · | · | · | $5M | · | · | · | $-6M | · | · | · | $3M | · | · | |
| Operating Cash Flow | $8M | $1M | $9M | $-6M | $3M | $368.0K | $12M | $-13M | $-5M | $-14M | $-15M | $-18M | $-12M | $-14M | $-20M | $-13M | |
| CapEx | $173.0K | $70.0K | $78.0K | $165.0K | $309.0K | $28.0K | $89.0K | $194.0K | $101.0K | $20.0K | $-1.0K | $129.0K | $80.0K | $59.0K | $979.0K | $879.0K | |
| Investing Cash Flow | $3M | $23M | $7M | $4M | $10M | $22M | $-7M | $32M | $26M | $36M | $26M | $-12M | $28M | $25M | $-17M | $110M | |
| Stock Issued | $0 | $418.0K | $0 | $612.0K | $0 | $713.0K | $0 | $469.0K | $0 | $606.0K | $-8.0K | $940.0K | $0 | $1M | $0 | $1M | |
| Stock Repurchased | $0 | $29M | $4M | $0 | $5M | $9M | $2M | $20M | $44M | $10M | $0 | $0 | $0 | $0 | $0 | $67M | |
| Net Stock Activity | · | $-28M | · | · | · | $-8M | · | · | · | $-9M | · | · | · | $1M | · | · | |
| Financing Cash Flow | $-3M | $-32M | $-9M | $-4M | $-8M | $-13M | $-9M | $-22M | $-37M | $-13M | $461.0K | $5M | $2M | $2M | $1M | $-47M | |
| Net Change in Cash | $8M | $-8M | $7M | $-6M | $5M | $9M | $-4M | $-3M | $-17M | $9M | $12M | $-26M | $18M | $13M | $-35M | $51M | |
| Taxes Paid | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $65.0K | |
| Free Cash Flow | · | $1M | · | · | · | $340.0K | · | · | · | $-14M | · | · | · | $-14M | · | · |
Profitability 7
| Metric | Trend | 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 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -7.6% | -24.9% | · | -25.0% | -31.1% | -49.9% | · | -31.7% | -77.4% | -65.4% | · | -79.1% | -72.9% | -78.0% | · | -67.5% | |
| Net Margin | -2.9% | -18.5% | · | -18.7% | -23.6% | -40.5% | · | -22.7% | -67.6% | -53.2% | · | -68.0% | -62.2% | -67.7% | · | -64.3% | |
| Pretax Margin | -2.5% | -18.3% | · | -18.5% | -23.2% | -40.3% | · | -22.4% | -67.1% | -52.8% | · | -67.4% | -62.0% | -67.1% | · | -63.7% | |
| EBITDA Margin | -7.6% | -24.3% | · | -25.0% | -31.1% | -48.9% | · | -31.7% | -77.4% | -62.8% | · | -79.1% | -72.9% | -75.1% | · | -67.5% | |
| ROA | -0.45% | -2.4% | · | -2.5% | -3.0% | -3.9% | · | -2.5% | -7.0% | -4.3% | · | -5.5% | -4.8% | -4.5% | · | -6.1% | |
| ROE | -0.51% | -2.7% | · | -2.9% | -3.4% | -4.5% | · | -2.9% | -8.1% | -5.0% | · | -6.4% | -5.5% | -5.1% | · | -11.6% | |
| ROIC | -1.6% | -3.9% | · | -4.0% | -4.8% | -6.2% | · | -4.6% | -10.5% | -6.5% | · | -7.8% | -7.1% | -6.6% | · | -5.9% |
Liquidity & Solvency 2
| Metric | Trend | 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 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 13.3 | 14.0 | · | 13.4 | 13.7 | 15.8 | · | 17.5 | 15.1 | 16.5 | · | 16.8 | 16.0 | 18.5 | · | 18.5 | |
| Quick Ratio | 3.2 | 3.0 | · | 2.7 | 2.7 | 2.8 | · | 3.0 | 2.5 | 2.9 | · | 2.3 | 2.8 | 2.9 | · | 3.4 |
Efficiency 2
| Metric | Trend | 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 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Receivables Turnover | 2.3 | 2.3 | · | 2.2 | 2.4 | 2.3 | · | 2.2 | 2.2 | 2.0 | · | 2.0 | 2.1 | 2.0 | · | 4.0 |
Valuation (TTM) 4
| Metric | Trend | 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 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $270M | $250M | · | $254M | $248M | $236M | · | $238M | $229M | $216M | · | $217M | $215M | $209M | · | $212M | |
| Net Income TTM | $-42M | $-62M | · | $-65M | $-95M | $-108M | · | $-124M | $-145M | $-135M | · | $-142M | $-141M | $-138M | · | $-124M | |
| P/E | -20.6 | -8.8 | · | -12.3 | -6.6 | -5.5 | · | -7.8 | -7.5 | -6.4 | · | -4.9 | -8.8 | -5.8 | · | -6.1 | |
| Earnings Yield | -4.9% | -11.4% | · | -8.1% | -15.1% | -18.3% | · | -12.9% | -13.3% | -15.6% | · | -20.3% | -11.3% | -17.2% | · | -16.5% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $258M | $247M | $218M | $213M | $192M |
| Operating Margin % | -27.9% | -49.2% | -78.9% | -67.8% | -49.3% |
| Net Income | $-54M | $-98M | $-148M | $-138M | $-95M |
| Diluted EPS | $-0.14 | $-0.25 | $-0.39 | $-0.36 | $-0.65 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 14.0 | 16.7 | 16.0 | 18.0 | 22.7 |
| Quick Ratio | 3.1 | 2.7 | 2.4 | 2.5 | 16.5 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $6M | $-21M | $-60M | $-64M | $-60M |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
📊
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 225 filers · $240.4M 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 |
|---|---|---|---|---|
| 40 (+9 vs prior Q) | 36 (-6 vs prior Q) | 76 (+2 vs prior Q) | 53 (-3 vs prior Q) | +20.8M |
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 |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $23,081,498 | 10,168,061 | 9.60% | Shares |
| STATE STREET CORP | $13,707,795 | 6,038,676 | 5.70% | Shares |
| MACKENZIE FINANCIAL CORP | $13,501,218 | 5,947,673 | 5.62% | Shares |
| Bond Capital Management, LP | $12,391,637 | 5,458,871 | 5.16% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $11,630,862 | 5,122,550 | 4.84% | Shares |
| WESTERLY CAPITAL MANAGEMENT, LLC | $11,009,500 | 4,850,000 | 4.58% | Shares |
| MILLENNIUM MANAGEMENT LLC | $10,058,440 | 4,431,031 | 4.18% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $8,796,003 | 3,874,891 | 3.66% | Shares |
| Quinn Opportunity Partners LLC | $8,375,111 | 3,689,476 | 3.48% | Shares |
| ALGERT GLOBAL LLC | $8,169,750 | 3,599,009 | 3.40% | Shares |
| Qube Research & Technologies Ltd | $7,522,210 | 3,313,749 | 3.13% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $6,609,189 | 2,911,537 | 2.75% | Shares |
| TUDOR INVESTMENT CORP ET AL | $6,177,846 | 2,721,518 | 2.57% | Shares |
| AWM Investment Company, Inc. | $6,027,313 | 2,655,204 | 2.51% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $5,972,518 | 2,631,065 | 2.48% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $5,039,400 | 2,220,000 | 2.10% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $4,574,102 | 2,015,023 | 1.90% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $4,472,395 | 1,970,218 | 1.86% | Shares |
| FMR LLC | $4,275,670 | 1,883,555 | 1.78% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $3,540,903 | 1,559,869 | 1.47% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $3,405,000 | 1,500,000 | 1.42% | Shares |
| SEI INVESTMENTS CO | $2,900,565 | 1,277,782 | 1.21% | Shares |
| AMERIPRISE FINANCIAL INC | $2,637,518 | 1,161,902 | 1.10% | Shares |
| BlackRock, Inc. | $2,592,056 | 1,141,875 | 1.08% | Shares |
| GOLDMAN SACHS GROUP INC | $2,538,282 | 1,118,186 | 1.06% | Shares |
| TWO SIGMA INVESTMENTS, LP | $2,391,985 | 1,053,738 | 1.00% | Shares |
| FRANKLIN RESOURCES INC | $2,256,237 | 993,937 | 0.94% | Shares |
| Potrero Capital Research LLC | $2,037,820 | 897,718 | 0.85% | Shares |
| ALLIANCEBERNSTEIN L.P. | $1,961,610 | 1,401,150 | 0.82% | Shares |
| Squarepoint Ops LLC | $1,792,192 | 789,512 | 0.75% | Shares |
| TWO SIGMA ADVISERS, LP | $1,653,960 | 787,600 | 0.69% | Shares |
| Allspring Global Investments Holdings, LLC | $1,607,119 | 707,982 | 0.67% | Shares |
| Laird Norton Wetherby Wealth Management, LLC | $1,510,003 | 722,489 | 0.63% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $1,456,802 | 641,763 | 0.61% | Shares |
| TOCQUEVILLE ASSET MANAGEMENT L.P. | $1,305,250 | 575,000 | 0.54% | Shares |
| D. E. Shaw & Co., Inc. | $1,174,979 | 517,612 | 0.49% | Shares |
| Waypoint Wealth Partners Inc. | $1,131,573 | 681,670 | 0.47% | Shares |
| GLOBEFLEX CAPITAL L P | $1,093,423 | 481,684 | 0.45% | Shares |
| Walleye Capital LLC | $1,073,896 | 473,082 | 0.45% | Shares |
| Swiss National Bank | $1,066,446 | 469,800 | 0.44% | Shares |
| Abu Dhabi Investment Council Co P.J.S.C | $1,036,734 | 456,711 | 0.43% | Shares |
| JANE STREET GROUP, LLC | $980,813 | 432,076 | 0.41% | Shares |
| Beacon Pointe Advisors, LLC | $957,316 | 683,797 | 0.40% | Shares |
| NANO CAP NEW MILLENNIUM GROWTH FUND L P | $952,719 | 419,700 | 0.40% | Shares |
| IEQ CAPITAL, LLC | $903,142 | 397,860 | 0.38% | Shares |
| CITADEL ADVISORS LLC | $851,886 | 375,280 | 0.35% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $775,659 | 341,700 | 0.32% | Shares |
| Susquehanna Portfolio Strategies, LLC | $718,037 | 316,316 | 0.30% | Shares |
| XTX Topco Ltd | $649,885 | 286,293 | 0.27% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $620,741 | 273,454 | 0.26% | Shares |
| AMERICAN CENTURY COMPANIES INC | $614,718 | 270,801 | 0.26% | Shares |
| BANK OF AMERICA CORP /DE/ | $580,455 | 255,707 | 0.24% | Shares |
| Oasis Management Co Ltd. | $567,500 | 250,000 | 0.24% | Shares |
| DEUTSCHE BANK AG\ | $560,254 | 246,808 | 0.23% | Shares |
| RHUMBLINE ADVISERS | $548,169 | 241,488 | 0.23% | Shares |
| GROUP ONE TRADING LLC | $523,516 | 230,624 | 0.22% | Shares |
| HSBC HOLDINGS PLC | $505,618 | 223,231 | 0.21% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $464,397 | 204,580 | 0.19% | Shares |
| Amundi | $463,078 | 203,999 | 0.19% | Shares |
| WELLS FARGO & COMPANY/MN | $445,946 | 196,452 | 0.19% | Shares |
| Bank of New York Mellon Corp | $445,052 | 196,058 | 0.19% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $368,491 | 162,331 | 0.15% | Shares |
| MetLife Investment Management, LLC | $348,164 | 153,376 | 0.14% | Shares |
| Mariner, LLC | $344,814 | 151,900 | 0.14% | Shares |
| THOMPSON DAVIS & CO., INC. | $344,776 | 151,643 | 0.14% | Shares |
| BOOTHBAY FUND MANAGEMENT, LLC | $336,096 | 148,060 | 0.14% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $335,561 | 156,408 | 0.14% | Shares |
| Centiva Capital, LP | $333,747 | 147,025 | 0.14% | Shares |
| Byrne Asset Management LLC | $330,512 | 145,600 | 0.14% | Shares |
| Point72 Asset Management, L.P. | $323,339 | 142,440 | 0.13% | Shares |
| Voleon Capital Management LP | $321,938 | 141,823 | 0.13% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $304,362 | 134,080 | 0.13% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $304,137 | 133,981 | 0.13% | Shares |
| Creative Planning | $303,161 | 133,551 | 0.13% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $270,749 | 193,392 | 0.11% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $265,735 | 189,811 | 0.11% | Shares |
| Russell Investments Group, Ltd. | $262,173 | 115,495 | 0.11% | Shares |
| Pinegrove Venture Partners, LLC | $259,184 | 114,178 | 0.11% | Shares |
| Cornerstone Investment Partners, LLC | $256,487 | 112,990 | 0.11% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $247,364 | 108,971 | 0.10% | Shares |
| CITIGROUP INC | $234,332 | 103,230 | 0.10% | Shares |
| CWM, LLC | $219,467 | 156,762 | 0.09% | Shares |
| CITADEL ADVISORS LLC | $213,607 | 94,100 | 0.09% | Call option |
| Invesco Ltd. | $210,992 | 92,948 | 0.09% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $200,795 | 88,456 | 0.08% | Shares |
| Vanguard Global Advisers, LLC | $195,184 | 85,984 | 0.08% | Shares |
| VANGUARD GROUP INC | $180,566 | 85,984 | 0.08% | Shares |
| Nuveen Asset Management, LLC | $173,657 | 73,273 | 0.07% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $166,972 | 73,556 | 0.07% | Shares |
| INTECH INVESTMENT MANAGEMENT LLC | $158,507 | 69,827 | 0.07% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $150,801 | 66,432 | 0.06% | Shares |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $146,860 | 64,696 | 0.06% | Shares |
| ARIZONA STATE RETIREMENT SYSTEM | $146,647 | 64,602 | 0.06% | Shares |
| Pathstone Holdings, LLC | $143,312 | 63,133 | 0.06% | Shares |
| Vanguard Investments Australia, Ltd. | $140,847 | 62,047 | 0.06% | Shares |
| Police & Firemen's Retirement System of New Jersey | $140,724 | 61,993 | 0.06% | Shares |
| Crewe Advisors LLC | $136,200 | 60,000 | 0.06% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $135,045 | 59,491 | 0.06% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $133,387 | 58,761 | 0.06% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $131,887 | 58,100 | 0.05% | Put option |
Company insiders 25 insiders · 9 officers · 17 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Nirav N Tolia | CEO and President | July 15, 2026 M | 2,100,351 | 0 | 0 | $0 |
| Sarah Friar | CEO and President | Nov. 5, 2021 A | 500,000 | 0 | 0 | $0 |
| Indrajit Ponnambalam | CFO and Treasurer | July 15, 2026 M | 138,862 | 0 | 0 | $0 |
| Michael Doyle | CFO and Treasurer | Nov. 5, 2021 A | — | 0 | 0 | $0 |
| Craig Lisowski | President of Products | July 16, 2026 S | 1,724,123 | 0 | 2 | $-225,300 |
| Antoinette How | Chief Accounting Officer | July 15, 2026 M | 35,581 | 0 | 1 | $-23,372 |
| Michael Kiernan | Chief Revenue Officer | July 15, 2026 M | 617,661 | 0 | 0 | $0 |
| Sophia Schwartz | General Counsel and Secretary | July 15, 2026 M | 336,897 | 0 | 2 | $-194,789 |
| John Orta | Head of Legal and Secretary | Nov. 5, 2021 A | — | 0 | 0 | $0 |
| Elisa Steele | Director | July 3, 2026 M | 250,747 | 0 | 0 | $0 |
| Jason Pressman | Director | June 30, 2026 M | 188,405 | 0 | 0 | $0 |
| Niraj Shah | Director | June 30, 2026 M | 250,747 | 0 | 0 | $0 |
| David L Sze | Director | June 30, 2026 M | 188,405 | 0 | 0 | $0 |
| J. William Gurley | Director | June 30, 2026 M | 188,405 | 0 | 0 | $0 |
| Christopher Varelas | Director | June 9, 2026 A | 175,334 | 0 | 0 | $0 |
| Robert Hohman | Director | June 8, 2026 M | 544,211 | 0 | 0 | $0 |
| Dana L Evan | Director | June 8, 2026 M | 152,740 | 0 | 0 | $0 |
| Enrico Gaglioti | Director | Nov. 5, 2021 C | 58,777 | 0 | 0 | $0 |
| Dmitri Shklovsky | Director | Nov. 5, 2021 C | 58,777 | 0 | 0 | $0 |
| Andrea M Wishom | Director | Nov. 5, 2021 A | — | 0 | 0 | $0 |
| Anita M Sands | Director | Nov. 5, 2021 C | 58,777 | 0 | 0 | $0 |
| Mary G Meeker | Director | Nov. 5, 2021 A | — | 0 | 0 | $0 |
| John Hope Bryant | Director | Nov. 5, 2021 A | — | 0 | 0 | $0 |
| Leslie J Kilgore | Director | Nov. 5, 2021 A | — | 0 | 0 | $0 |
| Heidi Andersen | — | Nov. 5, 2021 A | — | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 9 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Benchmark Capital Partners VI, L.P., Benchmark Founders' Fund VI, L.P., Benchmark Founders' Fund VI-B, L.P., Benchmark Capital Management Co. VI, L.L.C., Benchmark Capital Partners VIII, L.P., Benchmark Founders' Fund VIII-B, L.P., Benchmark Capital Management Co. VIII, L.L.C., Alexandre Balkanski, Matthew R. Cohler, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, An-Yen Hu, Robert C. Kagle, Mitchell H. Lasky, Chetan Puttagunta, Sarah E. Tavel, Eric Vishria | Feb. 14, 2025 | 19.10% | Amendment | Passive investment | SEC |
| Nirav Tolia (2), Nalin Tolia (2), Tolia Family Children’s Trust dated March 13, 2014 (2), Tolia Family Trust dated June 30, 2008 (2), Megha Tolia (2) ×3 filings | Oct. 30, 2024 | — | Initial filing | — | SEC |
| Shasta Ventures II, L.P., Shasta Ventures II GP, LLC ×4 filings | Aug. 28, 2024 | — | Initial filing | — | SEC |
| Greylock Discovery Fund LLC (2), Greylock XIII Limited Partnership (2), Greylock XIII-A Limited Partnership (2), Greylock XIII GP LLC (2), Greylock Discovery Fund II LLC (2), Greylock XIV GP LLC (2), Greylock 16 Limited Partnership (2), Greylock 16-A Limited Partnership (2), Greylock 16 Principals Limited Partnership (2), Greylock 16 GP LLC (2), William W. Helman (2), Aneel Bhusri (2), Donald A. Sullivan (2), David Sze (2), Reid Hoffman (2) ×4 filings | Aug. 23, 2022 | — | Initial filing | — | SEC |
| BOND Capital Fund, LP, BOND Capital Founders Fund, LP, Bond Capital Associates, LLC ×2 filings | June 9, 2022 | — | Initial filing | — | SEC |
| Riverwood Capital GP II Ltd., Riverwood Capital II L.P., Riverwood Capital Partners II L.P., Riverwood Capital Partners II (Parallel – B) L.P. | March 21, 2022 | — | Initial filing | — | SEC |
| Sarah Friar (2), Sarah Friar 2019 NXTDR Grantor Retained Annuity Trust dated November 20, 2019 (2) | Nov. 16, 2021 | — | Initial filing | — | SEC |
| Benchmark Capital Partners VI, L.P. (“BCP VI”), Benchmark Founders’ Fund VI, L.P. (“BFF VI”), Benchmark Founders’ Fund VI-B, L.P. (“BFF VI-B”), Benchmark Capital Management Co. VI, L.L.C., Benchmark Capital Partners VIII, L.P. (“BCP VIII”), Benchmark Founders’ Fund VIII, L.P. (“BFF VIII”), Benchmark Founders’ Fund VIII -B, L.P. (“BFF VIII -B”), Benchmark Capital Management Co. VIII, L.L.C., Alexandre Balkanski, Matthew R. Cohler, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, An-Yen Hu, Robert C. Kagle, Mitchell H. Lasky, Chetan Puttagunta, Steven M. Spurlock, Sarah E. Tavel, Eric Vishria | Nov. 15, 2021 | — | Initial filing | Passive investment | SEC |
| Shasta Ventures II, L.P, Shasta Ventures II GP, LLC | Nov. 15, 2021 | — | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 31 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 |
|---|---|---|---|---|
| IWC · iShares Trust | 0.14% | 794,540 SH | Aug. 8, 2026 | Daily |
| SOCL · Global X Funds | 0.13% | 72,357 NS | April 30, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.04% | 186,019 NS | May 31, 2026 | N-PORT |
| IWN · iShares Trust | 0.04% | 2,155,873 SH | Aug. 8, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.03% | 35,958 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.03% | 354,619 SH | Aug. 8, 2026 | Daily |
| VFVA · VANGUARD WELLINGTON FUND | 0.03% | 103,986 SH | Aug. 8, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.03% | 204,351 SH | Aug. 8, 2026 | Daily |
| VOX · VANGUARD WORLD FUND | 0.03% | 848,813 SH | Aug. 8, 2026 | Daily |
| FCOM · FIDELITY COVINGTON TRUST | 0.02% | 228,174 NS | April 30, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.02% | 1,353,732 SH | Aug. 8, 2026 | Daily |
| IWM · iShares Trust | 0.02% | 5,995,572 SH | Aug. 8, 2026 | Daily |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.02% | 222,008 NS | May 31, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.01% | 10,468 NS | May 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.01% | 96,132 NS | April 30, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.01% | 1,092,673 NS | May 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 2,680,193 SH | Aug. 8, 2026 | Daily |
| UWM · ProShares Trust | 0.01% | 8,206 NS | May 31, 2026 | N-PORT |
| WSML · iShares Trust | 0.01% | 15,999 SH | Aug. 8, 2026 | Daily |
| URTY · ProShares Trust | 0.01% | 8,283 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 208 NS | May 31, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 6,768 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.00% | 145,912 NS | April 30, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 19,393 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.00% | 365,816 NS | April 30, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 333,568 SH | Aug. 8, 2026 | Daily |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 146,510 NS | May 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.00% | 39,836 SH | Aug. 8, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.00% | 6,701 NS | April 30, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 7,244,814 SH | Aug. 8, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 17,285 SH | Aug. 8, 2026 | Daily |