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EXE Clue Score67
United States Fiscal year ends December CIK 0000895126
$88.22 -0.72% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $88.22 +40.63% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 10 Feb 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue7.87Operating income−4.41Net income−4.39EPS, diluted−6.43Fiscal year 2017Revenue10.04 +27.5%Operating income−0.14Net income−0.51EPS, diluted−0.70Fiscal year 2018Revenue10.03 −0.1%Operating income0.38Net income0.23EPS, diluted29.26Fiscal year 2019Revenue8.53 −14.9%Operating income−0.03Net income−0.31 −236.3%EPS, diluted−49.97Fiscal year 2020Revenue5.24 −38.6%Operating income−8.70Net income−9.73EPS, diluted−998.26Fiscal year 2022Revenue11.74 +124.1%Operating income3.78Net income4.94EPS, diluted33.36Fiscal year 2023Revenue8.72 −25.7%Operating income3.14Net income2.42 −51.0%EPS, diluted16.92Fiscal year 2024Revenue4.24 −51.4%Operating income−0.80Net income−0.71 −129.5%EPS, diluted−4.55Fiscal year 2025Revenue12.12 +186.3%Operating income2.47Net income1.82EPS, diluted7.57
FY2016FY2017FY2018FY2019FY2020FY2022FY2023FY2024FY2025
Revenue 7.87 10.04 10.03 8.53 5.24 11.74 8.72 4.24 12.12
Growth +27.5% −0.1% −14.9% −38.6% +124.1% −25.7% −51.4% +186.3%
Operating income −4.41 −0.14 0.38 −0.03 −8.70 3.78 3.14 −0.80 2.47
Net income −4.39 −0.51 0.23 −0.31 −9.73 4.94 2.42 −0.71 1.82
Growth −236.3% −51.0% −129.5%
EPS, diluted −6.43 −0.70 29.26 −49.97 −998.26 33.36 16.92 −4.55 7.57

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−56.0%Net margin−55.8%Free cash flow margin−21.0%Fiscal year 2017Operating margin−1.4%Net margin−5.0%Fiscal year 2018Operating margin3.8%Net margin2.3%Fiscal year 2019Operating margin−0.4%Net margin−3.6%Fiscal year 2020Operating margin−166.1%Net margin−185.8%Free cash flow margin0.4%Fiscal year 2022Operating margin32.2%Net margin42.0%Free cash flow margin19.6%Fiscal year 2023Operating margin36.0%Net margin27.7%Free cash flow margin6.3%Fiscal year 2024Operating margin−19.0%Net margin−16.9%Free cash flow margin0.2%Fiscal year 2025Operating margin20.4%Net margin15.0%Free cash flow margin15.2%
FY2016FY2017FY2018FY2019FY2020FY2022FY2023FY2024FY2025
Operating margin −56.0% −1.4% 3.8% −0.4% −166.1% 32.2% 36.0% −19.0% 20.4%
Net margin −55.8% −5.0% 2.3% −3.6% −185.8% 42.0% 27.7% −16.9% 15.0%
Free cash flow margin −21.0% n/a n/a n/a 0.4% 19.6% 6.3% 0.2% 15.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−0.20Capital expenditure−1.45Free cash flow−1.65Dividends paid0.00Fiscal year 2017Operating cash flow0.48Dividends paid0.00Fiscal year 2018Operating cash flow1.73Fiscal year 2019Operating cash flow1.62Dividends paid0.00Fiscal year 2020Operating cash flow1.16Capital expenditure−1.14Free cash flow0.02Buybacks0.00Dividends paid0.00Fiscal year 2022Operating cash flow4.13Capital expenditure−1.82Free cash flow2.30 +10,363.6%Buybacks−1.07Dividends paid−1.21Fiscal year 2023Operating cash flow2.38Capital expenditure−1.83Free cash flow0.55 −76.1%Buybacks−0.36Dividends paid−0.49Fiscal year 2024Operating cash flow1.57Capital expenditure−1.56Free cash flow0.01 −98.5%Buybacks0.00Dividends paid−0.39Fiscal year 2025Operating cash flow4.58Capital expenditure−2.74Free cash flow1.84 +22,887.5%Buybacks−0.10Dividends paid−0.77
FY2016FY2017FY2018FY2019FY2020FY2022FY2023FY2024FY2025
Operating cash flow −0.20 0.48 1.73 1.62 1.16 4.13 2.38 1.57 4.58
Capital expenditure −1.45 n/a n/a n/a −1.14 −1.82 −1.83 −1.56 −2.74
Free cash flow −1.65 n/a n/a n/a 0.02 2.30 0.55 0.01 1.84
Growth +10,363.6% −76.1% −98.5% +22,887.5%
Buybacks n/a n/a n/a n/a 0.00 −1.07 −0.36 0.00 −0.10
Dividends paid 0.00 0.00 n/a 0.00 0.00 −1.21 −0.49 −0.39 −0.77

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.88Total debt10.44Net cash (debt)−9.56Shareholders’ equity−1.33Fiscal year 2017Cash0.01Total debt9.97Net cash (debt)−9.97Shareholders’ equity−0.50Fiscal year 2018Cash0.00Total debt7.72Net cash (debt)−7.72Shareholders’ equity2.09Debt to equity3.69Fiscal year 2019Cash0.01Total debt9.46Net cash (debt)−9.45Shareholders’ equity4.36Debt to equity2.17Fiscal year 2020Cash0.28Total debt1.93Net cash (debt)−1.65Shareholders’ equity−5.34Fiscal year 2022Cash0.13Total debt3.09Net cash (debt)−2.96Shareholders’ equity9.12Debt to equity0.34Fiscal year 2023Cash1.08Total debt2.03Net cash (debt)−0.95Shareholders’ equity10.73Debt to equity0.19Fiscal year 2024Cash0.32Total debt5.68Net cash (debt)−5.36Shareholders’ equity17.57Debt to equity0.32Fiscal year 2025Cash0.62Total debt5.01Net cash (debt)−4.39Shareholders’ equity18.58Debt to equity0.27
FY2016FY2017FY2018FY2019FY2020FY2022FY2023FY2024FY2025
Cash 0.88 0.01 0.00 0.01 0.28 0.13 1.08 0.32 0.62
Total debt 10.44 9.97 7.72 9.46 1.93 3.09 2.03 5.68 5.01
Net cash (debt) −9.56 −9.97 −7.72 −9.45 −1.65 −2.96 −0.95 −5.36 −4.39
Shareholders’ equity −1.33 −0.50 2.09 4.36 −5.34 9.12 10.73 17.57 18.58
Debt to equity n/a n/a 3.69 2.17 n/a 0.34 0.19 0.32 0.27

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018† 31 Dec 2018 FY2019† 31 Dec 2019 FY2020 31 Dec 2020 FY2022† 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025† 31 Dec 2025
Revenue and profit
7.87 10.04 10.03 8.53 5.24 11.74 8.72 4.24 12.12
Growth +27.5% −0.1% −14.9% −38.6% +124.1% −25.7% −51.4% +186.3%
0.24 0.33 0.34 0.32 0.27 0.14 0.13 0.19 0.18
−4.41 −0.14 0.38 −0.03 −8.70 3.78 3.14 −0.80 2.47
Growth −108.1% −16.9% −125.6%
−4.59 −0.50 0.22 −0.64 −9.77 3.65 3.12 −0.84 2.28
−0.19 0.00 −0.01 −0.33 −0.02 −1.29 0.70 −0.13 0.46
−4.39 −0.51 0.23 −0.31 −9.73 4.94 2.42 −0.71 1.82
Growth −236.3% −51.0% −129.5%
Per share
−6.43 −0.70 29.26 −49.97 −998.26 38.71 18.21 −4.55 7.67
−6.43 −0.70 29.26 −49.97 −998.26 33.36 16.92 −4.55 7.57
Growth −270.8% −49.3% −126.9%
764.0 906.0 4.5 8.3 9.8 125.8 132.8 157.0 237.3
764.0 906.0 4.5 8.3 9.8 146.0 143.0 157.0 240.4
Growth +18.6% −99.5% +83.1% +17.4% +1,393.5% −2.0% +9.8% +53.1%

† The diluted share count jumps at 2018 and 2019 and 2022 and 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 7.3% a year over five years.
  • Operating margin is up 20.7 points on five years ago, at 20.4%.
  • A net loss in 5 of 9 years on file.