PRVA Privia Health Group, Inc. - Common Stock
$21.77
Price · Aug 18, 2026
Fundamentals as of Aug 6, 2026
52W Range
$20–$29
24% of range
Analyst Rating
BUY
26 analysts
Price Target
$32
+45% upside
P/E (TTM)
123.0
ROE
3.3%
Net Profit Margin
1.1%
PRVA Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$21.77
Market Cap
$2.74B
P/E (TTM)
123.0
EPS (TTM)
$0.18
Revenue (TTM)
$2.12B
Div Yield
—
ROE
3.3%
Debt/Equity
—
52W Range
$20 – $29
PRVA 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
$2.12B
2019-12-31
→
2025-12-31
EPS
$0.18
2019-12-31
→
2025-12-31
Free Cash Flow
—
2021-12-31
→
2023-12-31
Margins
1.1%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
PRVA
Peer Median
P/E (TTM)
123.0
35.7
P/S (TTM)
1.3
1.2
P/B
3.7
3.1
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
PRVA
Peer Median
Operating Margin
1.6%
—
Net Profit Margin
1.1%
2.3%
ROA
1.8%
4.3%
ROE
3.3%
6.6%
ROIC
3.1%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
PRVA
Peer Median
Current Ratio
1.6
1.5
Quick Ratio
1.5
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
PRVA
Peer Median
Revenue YoY
22.3%
—
Revenue CAGR 3Y
16.1%
—
Revenue CAGR 5Y
21.0%
—
EPS YoY
63.6%
—
Net Income YoY
59.3%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
PRVA
Peer Median
PRVA Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
26 analysts
- Strong Buy 8 30.8%
- Buy 15 57.7%
- Hold 3 11.5%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
18 analysts · 2026-08-17
Median
$31.00
← Below all targets
$21.77
Low
$24.00
High
$40.00
Median target
$31.00
+42.4%
Mean target
$31.67
+45.5%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-0.01%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.07 | $0.07 | 0.00% |
| March 31, 2026 | $0.02 | $0.08 | -0.06% |
| Dec. 31, 2025 | $0.07 | $0.04 | 0.03% |
| Sept. 30, 2025 | $0.05 | $0.05 | -0.00% |
| June 30, 2025 | $0.02 | $0.05 | -0.03% |
| March 31, 2025 | $0.03 | $0.05 | -0.02% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| PRVA | $2.93B | 131.7 | 22.3% | 1.1% | 3.3% | — |
| LFST | $2.73B | — | 13.9% | 0.68% | 0.65% | — |
| BLLN | $0 | 584.6 | 100.0% | 2.4% | 6.5% | 68.3% |
| OPCH | $5.00B | 25.1 | 13.0% | 3.7% | 15.4% | 19.3% |
| CRVL | $2.78B | 25.5 | 7.0% | 11.5% | 29.1% | 24.3% |
| AVAH | $1.70B | 7.7 | 20.2% | 9.2% | 246.6% | 33.3% |
| GRDN | — | — | 17.9% | 3.4% | 24.8% | 20.2% |
| MD | $1.77B | 11.0 | -4.9% | 8.6% | 20.3% | — |
| ADUS | — | 20.6 | 23.2% | — | — | — |
| NEO | $1.51B | -49.0 | 10.1% | -14.8% | -12.8% | 43.2% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $2.12B | $1.74B | $1.66B | $1.36B | $966M | $817M | |
| SG&A Expense | $138M | $126M | $110M | $130M | $256M | $44M | |
| Operating Expenses | $2.09B | $1.72B | $1.64B | $1.38B | $1.18B | $792M | |
| Operating Income | $34M | $17M | $21M | $-19M | $-217M | $25M | |
| Interest Expense | · | · | · | $500.0K | $1M | $2M | |
| Other Non-op | $10M | $11M | $8M | $542.0K | · | · | |
| Pretax Income | $44M | $28M | $29M | $-19M | $-219M | $23M | |
| Income Tax | $14M | $11M | $8M | $-7M | $-28M | $-7M | |
| Net Income | $23M | $14M | $23M | $-9M | $-188M | $31M | |
| EPS (Basic) | $0.19 | $0.12 | $0.20 | $-0.08 | $-1.83 | $0.33 | |
| EPS (Diluted) | $0.18 | $0.11 | $0.19 | $-0.08 | $-1.83 | $0.33 | |
| Shares (Basic) | 122,176,587 | 119,402,749 | 116,731,406 | 110,695,266 | 102,952,370 | 95,950,062 | |
| Shares (Diluted) | 128,889,836 | 125,614,171 | 124,686,067 | 110,695,266 | 102,952,370 | 95,950,062 | |
| EBITDA | $44M | $24M | $27M | $-15M | $-215M | · |
Balance Sheet 26
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $480M | $491M | $390M | $348M | $321M | $85M | |
| Receivables | $401M | $316M | $291M | $190M | $117M | $99M | |
| Prepaid Expense | $30M | $27M | $21M | $14M | $9M | $6M | |
| Current Assets | $911M | $835M | $701M | $552M | $447M | $190M | |
| PP&E (Net) | $504.0K | $1M | $2M | $3M | $5M | $5M | |
| PP&E (Gross) | $8M | $8M | $8M | $8M | $8M | $7M | |
| Accum. Depreciation | $8M | $7M | $6M | $5M | $3M | $2M | |
| Goodwill | $210M | $142M | $139M | $127M | $128M | $119M | |
| Intangibles | $216M | $110M | $108M | $57M | $60M | $6M | |
| Other Non-current Assets | $21M | $17M | $9M | $5M | $5M | $4M | |
| Total Assets | $1.37B | $1.14B | $1000M | $793M | $686M | $329M | |
| Accounts Payable | $8M | $10M | $8M | $7M | $3M | $5M | |
| Accrued Liabilities | · | · | · | · | · | $31M | |
| Short-term Debt | · | · | · | $0 | $875.0K | $875.0K | |
| Current Liabilities | $569M | $449M | $387M | $264M | $190M | $147M | |
| Capital Leases | $7M | $3M | $5M | $8M | $11M | $0 | |
| Deferred Tax | $0 | · | · | · | · | · | |
| Other Non-current Liabilities | $3M | $153.0K | $313.0K | $1M | $3M | $6M | |
| Total Liabilities | $578M | $452M | $393M | $274M | $236M | $185M | |
| Total Debt | · | · | · | $0 | $875.0K | · | |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $960.0K | |
| Paid-in Capital | $892M | $813M | $754M | $715M | $634M | $166M | |
| Retained Earnings | $-156M | $-179M | $-194M | $-217M | $-208M | $-20M | |
| Stockholders' Equity | $737M | $635M | $561M | $499M | $427M | $147M | |
| Liabilities + Equity | $1.37B | $1.14B | $1000M | $793M | $686M | $329M | |
| Shares Outstanding | 123,604,576 | 120,309,346 | 118,216,979 | 114,690,808 | 107,837,741 | 95,985,817 |
Cash Flow 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| D&A | $10M | $7M | $7M | $5M | $2M | $2M | |
| Stock-based Comp | $71M | $57M | $37M | $67M | $254M | $484.0K | |
| Deferred Tax | $11M | $9M | $7M | $-7M | $-28M | $-8M | |
| Amort. of Intangibles | $9M | $6M | $5M | $3M | $1M | $642.0K | |
| Other Non-cash | $49M | $22M | $7M | $-9M | $16M | · | |
| Operating Cash Flow | $163M | $109M | $81M | $47M | $55M | $39M | |
| CapEx | · | · | $113.0K | $104.0K | $547.0K | $380.0K | |
| Investing Cash Flow | $-182M | $-12M | $-43M | $-104.0K | $-33M | $-380.0K | |
| Financing Cash Flow | $7M | $4M | $4M | $-20M | $214M | $-767.0K | |
| Net Change in Cash | $-11M | $102M | $42M | $27M | $236M | $38M | |
| Taxes Paid | $7M | $4M | $1M | $307.0K | $504.0K | $381.0K | |
| Free Cash Flow | · | · | $81M | $47M | $55M | · | |
| Levered FCF | · | · | · | $47M | $54M | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Operating Margin | 1.6% | 0.98% | 1.2% | -1.4% | -22.5% | · | |
| Net Margin | 1.1% | 0.83% | 1.4% | -0.63% | -19.5% | · | |
| Pretax Margin | 2.1% | 1.6% | 1.8% | -1.4% | -22.6% | · | |
| EBITDA Margin | 2.1% | 1.4% | 1.6% | -1.1% | -22.2% | · | |
| ROA | 1.8% | 1.4% | 2.6% | -1.2% | -37.1% | · | |
| ROE | 3.3% | 2.4% | 4.3% | -1.8% | -65.6% | · | |
| ROIC | 3.1% | 1.6% | 2.7% | -2.5% | -44.4% | · |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 1.6 | 1.9 | 1.8 | 2.1 | 2.3 | · | |
| Quick Ratio | 1.5 | 1.8 | 1.8 | 2.0 | 2.3 | · | |
| Debt / Equity | · | · | · | 0.0 | 0.0 | · | |
| Interest Coverage | · | · | · | -38.2 | -197.7 | · |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.7 | 1.6 | 1.8 | 1.8 | 1.9 | · | |
| Receivables Turnover | 5.9 | 5.7 | 6.9 | 8.8 | 8.9 | · |
Growth Rates 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue YoY | 22.3% | 4.7% | 22.2% | 40.4% | 18.2% | · | |
| Revenue CAGR 3Y | 16.1% | 21.6% | 26.6% | · | · | · | |
| Revenue CAGR 5Y | 21.0% | · | · | · | · | · | |
| EPS YoY | 63.6% | -42.1% | · | · | · | · | |
| EPS CAGR 3Y | · | · | -16.8% | · | · | · | |
| EPS CAGR 5Y | -11.4% | · | · | · | · | · | |
| Net Income YoY | 59.3% | -37.7% | · | · | · | · | |
| Net Income CAGR 3Y | · | · | -9.6% | · | · | · | |
| Net Income CAGR 5Y | -6.0% | · | · | · | · | · |
Valuation (TTM) 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.12B | $1.74B | $1.66B | $1.36B | $966M | · | |
| Net Income TTM | $23M | $14M | $23M | $-9M | $-188M | · | |
| Market Cap | $2.93B | $2.35B | $2.72B | $2.60B | $2.79B | · | |
| Enterprise Value | · | · | · | $2.26B | $2.47B | · | |
| P/E | 131.7 | 177.7 | 121.2 | -283.9 | -14.1 | · | |
| P/S | 1.4 | 1.4 | 1.6 | 1.9 | 2.9 | · | |
| P/B | 4.0 | 3.7 | 4.8 | 5.2 | 6.5 | · | |
| P / Tangible Book | 9.4 | 6.1 | 8.6 | 8.3 | 11.7 | · | |
| P / Cash Flow | 17.9 | 21.5 | 33.7 | 55.2 | 50.7 | · | |
| P / FCF | · | · | 33.7 | 55.3 | 51.2 | · | |
| EV / EBITDA | · | · | · | -155.1 | -11.5 | · | |
| EV / FCF | · | · | · | 47.9 | 45.3 | · | |
| EV / Revenue | · | · | · | 1.7 | 2.6 | · | |
| Earnings Yield | 0.76% | 0.56% | 0.83% | -0.35% | -7.1% | · |
Income Statement 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $633M | $604M | $541M | $580M | $521M | $480M | $461M | $438M | $422M | $415M | $441M | $417M | $413M | $386M | $364M | $343M | |
| SG&A Expense | $40M | $41M | $29M | $40M | $38M | $32M | $34M | $31M | $29M | $32M | $30M | $27M | $27M | $26M | $28M | $32M | |
| Operating Expenses | $621M | $596M | $530M | $566M | $518M | $475M | $456M | $432M | $417M | $414M | $439M | $412M | $406M | $380M | $362M | $347M | |
| Operating Income | $12M | $7M | $11M | $14M | $3M | $5M | $5M | $6M | $5M | $823.0K | $1M | $6M | $7M | $7M | $2M | $-5M | |
| Other Non-op | · | $2M | $2M | $2M | $2M | $3M | $3M | $2M | $3M | $3M | $3M | $3M | $817.0K | · | · | · | |
| Pretax Income | $17M | $9M | $13M | $17M | $6M | $8M | $8M | $8M | $8M | $4M | $4M | $8M | $8M | $9M | $3M | $-4M | |
| Income Tax | $7M | $6M | $3M | $7M | $2M | $2M | $3M | $4M | $3M | $751.0K | $2M | $2M | $1M | $2M | $-13M | $-5M | |
| Net Income | $9M | $3M | $9M | $7M | $3M | $4M | $4M | $4M | $3M | $3M | $3M | $6M | $7M | $7M | $18M | $2M | |
| EPS (Basic) | $0.07 | $0.02 | $0.08 | $0.06 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.06 | $0.06 | $0.17 | $0.01 | |
| EPS (Diluted) | $0.07 | $0.02 | $0.08 | $0.05 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.05 | $0.06 | $0.06 | $0.17 | $0.01 | |
| Shares (Basic) | 126,121,426 | 124,152,526 | -243,348,218 | 122,768,890 | 122,132,245 | 120,623,670 | -238,062,495 | 119,658,574 | 119,301,350 | 118,505,320 | -232,040,914 | 117,602,059 | 116,161,251 | 115,009,010 | -217,642,467 | 111,592,834 | |
| Shares (Diluted) | 131,827,233 | 130,878,939 | -256,086,444 | 128,776,684 | 128,447,069 | 127,752,527 | -250,508,147 | 125,751,006 | 125,317,908 | 125,053,404 | -249,138,214 | 124,924,442 | 124,570,875 | 124,328,964 | -230,895,235 | 124,845,602 | |
| EBITDA | $15M | $11M | · | $17M | $6M | $7M | · | $8M | $7M | $3M | · | $7M | $9M | $8M | · | $-3M |
Balance Sheet 25
| 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 | $412M | $420M | $480M | $441M | $390M | $469M | $491M | $422M | $387M | $351M | · | $330M | $318M | $311M | · | $317M | |
| Receivables | $574M | $514M | $401M | $499M | $444M | $389M | $316M | $409M | $370M | $346M | · | $350M | $320M | $261M | · | $246M | |
| Prepaid Expense | $39M | $33M | $30M | $31M | $49M | $28M | $27M | $23M | $22M | $31M | · | $17M | $16M | $17M | · | $16M | |
| Current Assets | $1.03B | $966M | $911M | $971M | $883M | $886M | $835M | $854M | $780M | $728M | · | $698M | $654M | $589M | · | $580M | |
| PP&E (Net) | $272.0K | $384.0K | $504.0K | $662.0K | $827.0K | $1M | $1M | $1M | $2M | $2M | · | $3M | $3M | $3M | · | $4M | |
| PP&E (Gross) | · | · | $8M | · | · | · | $8M | · | · | · | · | · | $8M | $8M | · | $8M | |
| Accum. Depreciation | · | · | $8M | · | · | · | $7M | · | · | · | · | · | $5M | $5M | · | $4M | |
| Goodwill | $216M | $210M | $210M | $172M | $172M | $142M | $142M | $139M | $139M | $139M | · | $136M | $135M | $135M | · | $127M | |
| Intangibles | $219M | $213M | $216M | $168M | $170M | $108M | $110M | $103M | $105M | $106M | · | $107M | $96M | $98M | · | $58M | |
| Other Non-current Assets | $21M | $21M | $21M | $17M | $17M | $17M | $17M | $15M | $15M | $15M | · | $7M | $5M | $5M | · | $4M | |
| Total Assets | $1.49B | $1.42B | $1.37B | $1.35B | $1.27B | $1.18B | $1.14B | $1.15B | $1.08B | $1.03B | · | $992M | $938M | $875M | · | $808M | |
| Accounts Payable | $8M | $11M | $8M | $10M | $9M | $8M | $10M | $7M | $9M | $6M | · | $7M | $5M | $7M | · | $5M | |
| Short-term Debt | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Current Liabilities | $634M | $601M | $569M | $583M | $535M | $471M | $449M | $479M | $430M | $404M | · | $394M | $358M | $310M | · | $305M | |
| Capital Leases | $7M | $7M | $7M | $4M | $4M | $3M | $3M | $4M | $4M | $5M | · | $6M | $7M | $8M | · | $9M | |
| Deferred Tax | $4M | $254.0K | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Other Non-current Liabilities | $6M | $4M | $3M | $2M | $0 | $153.0K | $153.0K | $313.0K | $313.0K | $313.0K | · | $1M | $1M | $1M | · | $3M | |
| Total Liabilities | $651M | $612M | $578M | $588M | $539M | $474M | $452M | $483M | $434M | $409M | · | $401M | $366M | $319M | · | $317M | |
| Total Debt | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | · | $1M | $1M | $1M | · | $1M | |
| Paid-in Capital | $925M | $905M | $892M | $873M | $854M | $833M | $813M | $797M | $781M | $766M | · | $740M | $726M | $721M | · | $704M | |
| Retained Earnings | $-144M | $-153M | $-156M | $-165M | $-172M | $-175M | $-179M | $-184M | $-187M | $-191M | · | $-196M | $-202M | $-209M | · | $-234M | |
| Stockholders' Equity | $782M | $753M | $737M | $709M | $683M | $659M | $635M | $615M | $595M | $577M | · | $545M | $525M | $513M | · | $470M | |
| Liabilities + Equity | $1.49B | $1.42B | $1.37B | $1.35B | $1.27B | $1.18B | $1.14B | $1.15B | $1.08B | $1.03B | · | $992M | $938M | $875M | · | $808M | |
| Shares Outstanding | 126,289,983 | 125,689,005 | 123,604,576 | 122,867,531 | 122,673,254 | 121,391,314 | 120,309,346 | 119,953,176 | 119,479,134 | 118,678,902 | 118,216,979 | 118,004,544 | 117,106,892 | 115,469,961 | 114,690,808 | 113,796,678 |
Cash Flow 12
| 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 | $3M | $3M | $3M | $3M | $3M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $1M | $1M | $1M | |
| Stock-based Comp | $19M | $22M | $15M | $19M | $19M | $18M | $15M | $15M | $14M | $12M | $12M | $11M | $9M | $5M | $9M | $15M | |
| Deferred Tax | $1M | $3M | $2M | $7M | $958.0K | $2M | $1M | $4M | $3M | $863.0K | $2M | $2M | $1M | $2M | $-14M | $-5M | |
| Amort. of Intangibles | $3M | $3M | $2M | $3M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $1M | $1M | $1M | $839.0K | $800.0K | |
| Other Non-cash | · | $-80M | · | · | · | $-50M | · | · | · | $-51M | · | · | · | $-29M | · | · | |
| Operating Cash Flow | $1M | $-49M | $128M | $52M | $8M | $-24M | $75M | $33M | $34M | $-33M | $64M | $22M | $8M | $-13M | $29M | $16M | |
| CapEx | · | · | · | · | · | · | · | · | · | · | · | $18.0K | $72.0K | $0 | · | $16.0K | |
| Investing Cash Flow | $-11M | $-26.0K | $-91M | $-1M | $-89M | $0 | $-6M | $0 | $0 | $-6M | $-5M | $-13M | $-72.0K | $-25M | $-15.0K | $-16.0K | |
| Financing Cash Flow | $3M | $-11M | $2M | $431.0K | $2M | $2M | $619.0K | $1M | $2M | $475.0K | $42.0K | $3M | $-819.0K | $1M | $2M | $9M | |
| Net Change in Cash | $-7M | $-60M | $38M | $51M | $-79M | $-22M | $69M | $35M | $36M | $-38M | $59M | $12M | $7M | $-37M | $31M | $25M | |
| Taxes Paid | $11M | $63.0K | $868.0K | $0 | $6M | $-313.0K | $230.0K | $644.0K | $3M | $-230.0K | $21.0K | $420.0K | $604.0K | $-5.0K | $41.0K | $21.0K | |
| Free Cash Flow | · | · | · | · | · | · | · | · | · | · | · | · | · | $-13M | · | · |
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 | 1.9% | 1.2% | · | 2.5% | 0.64% | 1.1% | · | 1.3% | 1.2% | 0.20% | · | 1.3% | 1.7% | 1.7% | · | -1.3% | |
| Net Margin | 1.4% | 0.51% | · | 1.2% | 0.52% | 0.88% | · | 0.81% | 0.82% | 0.72% | · | 1.4% | 1.8% | 1.9% | · | 0.47% | |
| Pretax Margin | 2.6% | 1.5% | · | 2.9% | 1.1% | 1.7% | · | 1.8% | 1.9% | 0.92% | · | 2.0% | 1.9% | 2.2% | · | -1.2% | |
| EBITDA Margin | 2.4% | 1.8% | · | 3.0% | 1.1% | 1.5% | · | 1.7% | 1.6% | 0.64% | · | 1.7% | 2.1% | 2.1% | · | -1.0% | |
| ROA | 0.66% | 0.24% | · | 0.55% | 0.23% | 0.38% | · | 0.33% | 0.34% | 0.31% | · | 0.63% | 0.86% | 0.92% | · | 0.23% | |
| ROE | 1.2% | 0.43% | · | 1.0% | 0.42% | 0.68% | · | 0.61% | 0.62% | 0.55% | · | 1.1% | 1.5% | 1.5% | · | 0.37% | |
| ROIC | 0.87% | 0.39% | · | 1.2% | 0.28% | 0.59% | · | 0.47% | 0.49% | 0.11% | · | 0.72% | 1.1% | 0.98% | · | 0.13% |
Liquidity & Solvency 3
| 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 | 1.6 | 1.6 | · | 1.7 | 1.7 | 1.9 | · | 1.8 | 1.8 | 1.8 | · | 1.8 | 1.8 | 1.9 | · | 1.9 | |
| Quick Ratio | 1.6 | 1.6 | · | 1.6 | 1.6 | 1.8 | · | 1.7 | 1.8 | 1.7 | · | 1.7 | 1.8 | 1.8 | · | 1.8 | |
| Debt / Equity | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | 0.0 |
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 | 0.5 | 0.5 | · | 0.5 | 0.4 | 0.4 | · | 0.4 | 0.4 | 0.4 | · | 0.5 | 0.5 | 0.5 | · | 0.5 | |
| Receivables Turnover | 1.2 | 1.3 | · | 1.3 | 1.3 | 1.3 | · | 1.2 | 1.2 | 1.4 | · | 1.4 | 1.5 | 1.8 | · | 2.0 |
Valuation (TTM) 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.34B | $2.19B | · | $2.02B | $1.86B | $1.76B | · | $1.69B | $1.67B | $1.63B | · | $1.56B | $1.48B | $1.38B | · | $1.24B | |
| Net Income TTM | $22M | $17M | · | $17M | $14M | $14M | · | $16M | $19M | $23M | · | $22M | $6M | $-19M | · | $-35M | |
| Market Cap | $3.25B | $2.59B | · | $3.06B | $2.82B | $2.73B | · | $2.18B | $2.08B | $2.32B | · | $2.71B | $3.06B | $3.19B | · | $3.88B | |
| Enterprise Value | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $3.56B | |
| P/E | 160.8 | 171.4 | · | 191.5 | 209.1 | 204.1 | · | 140.1 | 108.6 | 103.1 | · | 127.8 | 870.3 | -145.3 | · | -100.2 | |
| P/S | 1.4 | 1.2 | · | 1.5 | 1.5 | 1.6 | · | 1.3 | 1.2 | 1.4 | · | 1.7 | 2.1 | 2.3 | · | 3.1 | |
| P/B | 4.2 | 3.4 | · | 4.3 | 4.1 | 4.1 | · | 3.6 | 3.5 | 4.0 | · | 5.0 | 5.8 | 6.2 | · | 8.2 | |
| P / Tangible Book | 9.3 | 7.8 | · | 8.3 | 8.3 | 6.7 | · | 5.9 | 5.9 | 7.0 | · | 9.0 | 10.4 | 11.4 | · | 13.6 | |
| P / Cash Flow | · | -52.3 | · | · | · | -113.3 | · | · | · | -70.2 | · | · | · | -238.2 | · | · | |
| P / FCF | · | · | · | · | · | · | · | · | · | · | · | · | · | -238.2 | · | · | |
| EV / EBITDA | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | -1040.3 | |
| EV / Revenue | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | 2.9 | |
| Earnings Yield | 0.62% | 0.58% | · | 0.52% | 0.48% | 0.49% | · | 0.71% | 0.92% | 0.97% | · | 0.78% | 0.11% | -0.69% | · | -1.0% |
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 | $2.12B | $1.74B | $1.66B | $1.36B | $966M |
| Operating Margin % | 1.6% | 0.98% | 1.2% | -1.4% | -22.5% |
| Net Income | $23M | $14M | $23M | $-9M | $-188M |
| Diluted EPS | $0.18 | $0.11 | $0.19 | $-0.08 | $-1.83 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.0 | 0.0 |
| Current Ratio | 1.6 | 1.9 | 1.8 | 2.1 | 2.3 |
| Quick Ratio | 1.5 | 1.8 | 1.8 | 2.0 | 2.3 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | — | — | $81M | $47M | $55M |
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Institutional owners (13F) 315 filers · $2.0B 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 |
|---|---|---|---|---|
| 50 (-2 vs prior Q) | 31 (0 vs prior Q) | 110 (+7 vs prior Q) | 93 (+8 vs prior Q) | +11.8M |
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 |
|---|---|---|---|---|
| Durable Capital Partners LP | $299,392,942 | 11,635,948 | 14.75% | Shares |
| FMR LLC | $286,076,020 | 11,118,384 | 14.09% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $169,107,440 | 6,572,384 | 8.33% | Shares |
| Rubicon Founders LLC | $153,635,863 | 5,971,079 | 7.57% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $132,682,406 | 5,156,720 | 6.54% | Shares |
| STATE STREET CORP | $126,225,951 | 4,905,789 | 6.22% | Shares |
| RIVERBRIDGE PARTNERS LLC | $77,153,889 | 2,998,597 | 3.80% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $69,221,756 | 2,689,698 | 3.41% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $61,685,514 | 2,397,416 | 3.04% | Shares |
| BlackBarn Capital Partners LP | $40,782,050 | 1,585,000 | 2.01% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $35,374,324 | 1,374,828 | 1.74% | Shares |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | $27,100,663 | 1,053,271 | 1.34% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $22,337,757 | 868,160 | 1.10% | Shares |
| Qube Research & Technologies Ltd | $21,823,002 | 848,154 | 1.08% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $21,785,179 | 846,684 | 1.07% | Shares |
| ROYCE & ASSOCIATES LP | $21,231,650 | 825,171 | 1.05% | Shares |
| EVENTIDE ASSET MANAGEMENT, LLC | $18,980,867 | 737,694 | 0.94% | Shares |
| BANK OF AMERICA CORP /DE/ | $18,176,546 | 706,434 | 0.90% | Shares |
| Freestone Grove Partners LP | $17,637,632 | 685,489 | 0.87% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $16,279,371 | 632,700 | 0.80% | Shares |
| Woodline Partners LP | $15,582,397 | 605,612 | 0.77% | Shares |
| LOOMIS SAYLES & CO L P | $15,254,339 | 592,862 | 0.75% | Shares |
| BlackRock, Inc. | $14,045,415 | 545,877 | 0.69% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $14,016,953 | 544,771 | 0.69% | Shares |
| GOLDMAN SACHS GROUP INC | $11,507,125 | 447,226 | 0.57% | Shares |
| Public Sector Pension Investment Board | $10,469,486 | 406,898 | 0.52% | Shares |
| PEREGRINE CAPITAL MANAGEMENT LLC | $9,268,126 | 360,207 | 0.46% | Shares |
| Clearbridge Investments, LLC | $9,240,918 | 359,150 | 0.46% | Shares |
| D. E. Shaw & Co., Inc. | $9,086,730 | 353,157 | 0.45% | Shares |
| RENAISSANCE GROUP LLC | $8,752,240 | 340,157 | 0.43% | Shares |
| MORGAN STANLEY | $8,507,541 | 330,646 | 0.42% | Shares |
| Caisse de depot et placement du Quebec | $8,398,890 | 326,424 | 0.41% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $8,291,827 | 322,263 | 0.41% | Shares |
| RHUMBLINE ADVISERS | $7,320,542 | 284,515 | 0.36% | Shares |
| MILLENNIUM MANAGEMENT LLC | $6,903,977 | 268,324 | 0.34% | Shares |
| ArrowMark Colorado Holdings LLC | $6,746,277 | 262,195 | 0.33% | Shares |
| OneDigital Investment Advisors LLC | $6,652,775 | 258,561 | 0.33% | Shares |
| Weiss Asset Management LP | $6,534,494 | 253,964 | 0.32% | Shares |
| FIRST TRUST ADVISORS LP | $6,237,723 | 242,430 | 0.31% | Shares |
| Advantage Alpha Capital Partners LP | $6,002,817 | 241,077 | 0.30% | Shares |
| OPPENHEIMER ASSET MANAGEMENT INC. | $5,840,684 | 226,999 | 0.29% | Shares |
| Bellevue Group AG | $5,833,068 | 226,703 | 0.29% | Shares |
| Man Group plc | $5,330,973 | 207,189 | 0.26% | Shares |
| Nuveen, LLC | $5,266,468 | 204,682 | 0.26% | Shares |
| Focus Partners Wealth | $5,165,812 | 200,770 | 0.25% | Shares |
| Squarepoint Ops LLC | $5,114,172 | 198,763 | 0.25% | Shares |
| Swiss National Bank | $5,027,642 | 195,400 | 0.25% | Shares |
| AMERIPRISE FINANCIAL INC | $4,872,696 | 189,378 | 0.24% | Shares |
| Cubist Systematic Strategies, LLC | $4,721,896 | 189,634 | 0.23% | Shares |
| Legal & General Group Plc | $4,676,684 | 181,760 | 0.23% | Shares |
| PDT Partners, LLC | $4,651,444 | 180,779 | 0.23% | Shares |
| Bank of New York Mellon Corp | $4,386,682 | 170,489 | 0.22% | Shares |
| Pier Capital, LLC | $4,094,235 | 159,123 | 0.20% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $3,595,856 | 140,738 | 0.18% | Shares |
| Cinctive Capital Management LP | $3,218,643 | 125,093 | 0.16% | Shares |
| KORNITZER CAPITAL MANAGEMENT INC /KS | $3,204,286 | 124,535 | 0.16% | Shares |
| PRUDENTIAL FINANCIAL INC | $3,169,807 | 123,195 | 0.16% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $3,048,000 | 118,468 | 0.15% | Shares |
| ALLIANCEBERNSTEIN L.P. | $3,029,796 | 147,292 | 0.15% | Shares |
| WELLS FARGO & COMPANY/MN | $2,934,867 | 114,064 | 0.14% | Shares |
| DEUTSCHE BANK AG\ | $2,874,041 | 111,700 | 0.14% | Shares |
| ALGERT GLOBAL LLC | $2,650,190 | 103,000 | 0.13% | Shares |
| Quantinno Capital Management LP | $2,600,197 | 101,057 | 0.13% | Shares |
| BARCLAYS PLC | $2,549,792 | 99,098 | 0.13% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $2,485,261 | 96,590 | 0.12% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $2,430,842 | 94,475 | 0.12% | Shares |
| Campbell & CO Investment Adviser LLC | $2,371,097 | 92,153 | 0.12% | Shares |
| Jump Financial, LLC | $2,161,628 | 84,012 | 0.11% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $2,149,433 | 83,538 | 0.11% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $2,080,759 | 80,869 | 0.10% | Shares |
| Future Fund LLC | $2,068,332 | 80,386 | 0.10% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $1,955,384 | 95,060 | 0.10% | Shares |
| JANE STREET GROUP, LLC | $1,888,582 | 73,400 | 0.09% | Call option |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $1,887,681 | 73,365 | 0.09% | Shares |
| MetLife Investment Management, LLC | $1,818,262 | 70,667 | 0.09% | Shares |
| UBS Group AG | $1,765,464 | 68,615 | 0.09% | Shares |
| LPL Financial LLC | $1,688,158 | 65,611 | 0.08% | Shares |
| Cetera Investment Advisers | $1,618,579 | 62,906 | 0.08% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,600,406 | 62,200 | 0.08% | Call option |
| TUDOR INVESTMENT CORP ET AL | $1,595,929 | 62,026 | 0.08% | Shares |
| VARCOV Co. | $1,511,174 | 58,732 | 0.07% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $1,503,147 | 58,420 | 0.07% | Shares |
| Illinois Municipal Retirement Fund | $1,474,921 | 57,323 | 0.07% | Shares |
| Glenmede Investment Management, LP | $1,446,092 | 58,076 | 0.07% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $1,405,141 | 54,611 | 0.07% | Shares |
| Baker Avenue Asset Management, LP | $1,396,882 | 54,290 | 0.07% | Shares |
| One Capital Management, LLC | $1,348,116 | 65,538 | 0.07% | Shares |
| Louisiana State Employees Retirement System | $1,335,387 | 51,900 | 0.07% | Shares |
| State of New Jersey Common Pension Fund D | $1,333,920 | 51,843 | 0.07% | Shares |
| Rhenman & Partners Asset Management AB | $1,286,500 | 50,000 | 0.06% | Shares |
| JPMORGAN CHASE & CO | $1,281,333 | 50,150 | 0.06% | Shares |
| STRS OHIO | $1,268,489 | 49,300 | 0.06% | Shares |
| CITADEL ADVISORS LLC | $1,256,525 | 48,835 | 0.06% | Shares |
| Invesco Ltd. | $1,242,682 | 48,297 | 0.06% | Shares |
| Gotham Asset Management, LLC | $1,204,730 | 46,822 | 0.06% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $1,182,499 | 45,958 | 0.06% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $1,165,054 | 45,280 | 0.06% | Shares |
| Vanguard Global Advisers, LLC | $1,152,112 | 44,777 | 0.06% | Shares |
| State of Tennessee, Department of Treasury | $1,130,371 | 43,932 | 0.06% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $1,092,239 | 42,450 | 0.05% | Shares |
Company insiders 14 insiders · 2 officers · 8 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| David Mountcastle | EVP & Chief Financial Officer | July 9, 2026 S | 164,853 | 0 | 4 | $-1,718,401 |
| Thomas Bartrum | EVP, General Counsel | May 31, 2022 A | 91,355 | 0 | 0 | $0 |
| Matthew Shawn Morris | Director | July 6, 2026 M | 68,188 | 0 | 10 | $-11,425,873 |
| Jeffrey Daniel Bernstein | Director | May 8, 2023 S | 110,337 | 0 | 0 | $0 |
| William M Sullivan | Director | Nov. 21, 2022 S | 5,887,466 | 0 | 0 | $0 |
| Jaewon Ryu | Director | May 27, 2022 A | 11,369 | 0 | 0 | $0 |
| Jeffrey B Butler | Director | May 27, 2022 A | 3,659,637 | 0 | 0 | $0 |
| Patricia Anne Maryland | Director | May 27, 2022 A | 15,034 | 0 | 0 | $0 |
| Thomas A Mccarthy | Director | May 27, 2022 A | 23,729 | 0 | 0 | $0 |
| David P King | Director | May 27, 2022 A | 15,034 | 0 | 0 | $0 |
| MBD Advisors, L.L.C. | 10% owner | Nov. 21, 2022 S | 24,826,071 | 0 | 0 | $0 |
| Brighton Health Group Holdings, LLC | 10% owner | May 11, 2021 J | 6 | 0 | 0 | $0 |
| David S Wichmann | — | Aug. 1, 2023 A | 6,189 | 0 | 0 | $0 |
| Parth Mehrotra | — | Nov. 23, 2021 M | 97,391 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 66 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 |
|---|---|---|---|---|
| HEAL · Global X Funds | 2.30% | 26,805 NS | May 31, 2026 | N-PORT |
| FMED · Fidelity Covington Trust | 1.48% | 28,119 NS | May 31, 2026 | N-PORT |
| PSCH · Invesco Exchange-Traded Fund Trust … | 1.35% | 102,800 SH | Aug. 8, 2026 | Daily |
| HAPS · Harbor ETF Trust | 0.51% | 32,059 NS | April 30, 2026 | N-PORT |
| RZG · Invesco Exchange-Traded Fund Trust | 0.46% | 28,481 SH | Aug. 8, 2026 | Daily |
| FYC · First Trust Exchange-Traded AlphaDE… | 0.40% | 167,095 NS | April 30, 2026 | N-PORT |
| SIXL · EXCHANGE TRADED CONCEPTS TRUST | 0.39% | 34,218 NS | May 31, 2026 | N-PORT |
| IHF · iShares Trust | 0.39% | 217,786 SH | Aug. 8, 2026 | Daily |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.33% | 140,994 SH | Aug. 8, 2026 | Daily |
| IJT · iShares Trust | 0.29% | 1,099,897 SH | Aug. 8, 2026 | Daily |
| ABLS · Abacus FCF ETF Trust | 0.27% | 132 NS | April 30, 2026 | N-PORT |
| SMMV · iShares Trust | 0.22% | 29,340 SH | Aug. 8, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.18% | 129,297 SH | Aug. 8, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.17% | 414,359 SH | Aug. 8, 2026 | Daily |
| IWO · iShares Trust | 0.16% | 1,100,462 SH | Aug. 8, 2026 | Daily |
| XJR · iShares Trust | 0.16% | 13,997 SH | Aug. 8, 2026 | Daily |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.15% | 17,335 SH | Aug. 8, 2026 | Daily |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.14% | 42,521 NS | April 30, 2026 | N-PORT |
| IJR · iShares Trust | 0.14% | 7,231,188 SH | Aug. 8, 2026 | Daily |
| RWJ · Invesco Exchange-Traded Fund Trust … | 0.14% | 127,006 SH | Aug. 8, 2026 | Daily |
| BKSE · BNY Mellon ETF Trust | 0.11% | 3,693 NS | April 30, 2026 | N-PORT |
| SAA · ProShares Trust | 0.11% | 1,384 NS | May 31, 2026 | N-PORT |
| ESML · iShares Trust | 0.10% | 124,976 SH | Aug. 8, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.09% | 695,681 SH | Aug. 8, 2026 | Daily |
| RSSL · Global X Funds | 0.09% | 50,494 NS | April 30, 2026 | N-PORT |
| IWM · iShares Trust | 0.08% | 3,082,622 SH | Aug. 8, 2026 | Daily |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.08% | 15,582 NS | April 30, 2026 | N-PORT |
| VBK · VANGUARD INDEX FUNDS | 0.08% | 1,501,521 SH | Aug. 8, 2026 | Daily |
| ISCG · iShares Trust | 0.08% | 35,952 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.08% | 98,856 SH | Aug. 8, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.07% | 410,867 NS | April 30, 2026 | N-PORT |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.07% | 33,658 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.06% | 5,477 NS | May 31, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.05% | 553,917 NS | May 31, 2026 | N-PORT |
| RILA · Spinnaker ETF Series | 0.05% | 907 NS | April 30, 2026 | N-PORT |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.04% | 5,225 SH | Aug. 8, 2026 | Daily |
| FNDA · SCHWAB STRATEGIC TRUST | 0.04% | 168,134 NS | May 31, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.04% | 18,451 NS | May 31, 2026 | N-PORT |
| VHT · VANGUARD WORLD FUND | 0.04% | 292,980 SH | Aug. 8, 2026 | Daily |
| FHLC · FIDELITY COVINGTON TRUST | 0.04% | 45,158 NS | April 30, 2026 | N-PORT |
| ISCB · iShares Trust | 0.04% | 5,155 SH | Aug. 8, 2026 | Daily |
| UWM · ProShares Trust | 0.04% | 4,284 NS | May 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.03% | 1,359,452 SH | Aug. 8, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.03% | 2,600,870 SH | Aug. 8, 2026 | Daily |
| URTY · ProShares Trust | 0.03% | 4,331 NS | May 31, 2026 | N-PORT |
| WSML · iShares Trust | 0.02% | 6,296 SH | Aug. 8, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.02% | 270,381 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.01% | 4,622 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.01% | 109 NS | May 31, 2026 | N-PORT |
| ESGV · VANGUARD WORLD FUND | 0.01% | 26,626 SH | Aug. 8, 2026 | Daily |