{
  "ticker": {
    "uuid": "72fd4e45-5dba-4b3b-a5c9-371f2e1ca798",
    "symbol": "INVA",
    "name": "Innoviva Inc",
    "exchange": "NASDAQ",
    "exchange_name": "NASDAQ",
    "country": "US",
    "currency": "USD",
    "sector": "Healthcare",
    "industry": "Biotechnology",
    "page_url": "https://sharemaestro.com/factors/ticker/72fd4e45-5dba-4b3b-a5c9-371f2e1ca798/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/72fd4e45-5dba-4b3b-a5c9-371f2e1ca798/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "72fd4e45-5dba-4b3b-a5c9-371f2e1ca798",
      "symbol": "INVA",
      "name": "Innoviva Inc",
      "exchange": "NASDAQ",
      "exchange_name": "NASDAQ",
      "country": "US",
      "currency": "USD",
      "sector": "Healthcare",
      "industry": "Biotechnology",
      "page_url": "https://sharemaestro.com/factors/ticker/72fd4e45-5dba-4b3b-a5c9-371f2e1ca798/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/72fd4e45-5dba-4b3b-a5c9-371f2e1ca798/"
    },
    "week_end_date": "2026-07-19",
    "universe": "USD_US",
    "score": {
      "os": 0.92,
      "value": 0.94,
      "quality": 0.94,
      "momentum": 0.33,
      "coverage": 0.939,
      "confidence": 0.91,
      "delta": 6
    },
    "headline_factors": {
      "price": 21.71,
      "market_cap": 1602387940.79,
      "pe_ratio": 3.1772,
      "earnings_yield": 0.4558,
      "ebitda_to_ev": 0.4809,
      "shareholder_yield": 0.014,
      "roe": 0.3759,
      "piotroski_f_score": 5,
      "momentum_12_1": 0.1492,
      "volatility_252d": 0.3163
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": 3.1772,
        "ev_ebitda": 2.0795,
        "earnings_yield": 0.4558,
        "fcf_yield": 0.14,
        "shareholder_yield": 0.014
      },
      "quality": {
        "roe": 0.3759,
        "roic": 0.4765,
        "gross_margin": 0.762,
        "fcf_margin": 0.4394,
        "piotroski_f_score": 5
      },
      "growth": {
        "revenue_growth_1y": 0.1361,
        "eps_growth_1y": null,
        "fcf_growth_1y": -0.0889
      },
      "momentum": {
        "price_return_12m": 0.1094,
        "momentum_12_1": 0.1492,
        "relative_strength": -0.0867
      },
      "scores": {
        "value_percentile": 0.94,
        "quality_percentile": 0.94,
        "momentum_percentile": 0.33,
        "growth_composite": 65,
        "yield_composite": 71,
        "overall_composite": 8,
        "os_score": 0.92,
        "factor_coverage": 0.939,
        "signal_confidence": 0.91
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 22.52,
      "os": 0.91,
      "value": 0.93,
      "quality": 0.94,
      "momentum": 0.28,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 3.2957,
      "earnings_yield": 0.4362,
      "shareholder_yield": 0.0135,
      "roe": 0.3759,
      "momentum_12_1": 0.0607
    },
    {
      "week_end_date": "2026-06-14",
      "price": 22.74,
      "os": 0.89,
      "value": 0.93,
      "quality": 0.93,
      "momentum": 0.2,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 3.3279,
      "earnings_yield": 0.4312,
      "shareholder_yield": 0.0134,
      "roe": 0.3759,
      "momentum_12_1": 0.0129
    },
    {
      "week_end_date": "2026-06-21",
      "price": 22.49,
      "os": 0.91,
      "value": 0.93,
      "quality": 0.94,
      "momentum": 0.28,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 3.2913,
      "earnings_yield": 0.4369,
      "shareholder_yield": 0.0135,
      "roe": 0.3759,
      "momentum_12_1": 0.0695
    },
    {
      "week_end_date": "2026-06-28",
      "price": 23.57,
      "os": 0.91,
      "value": 0.93,
      "quality": 0.94,
      "momentum": 0.26,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 3.4494,
      "earnings_yield": 0.4132,
      "shareholder_yield": 0.0129,
      "roe": 0.3759,
      "momentum_12_1": 0.0731
    },
    {
      "week_end_date": "2026-07-05",
      "price": 22.31,
      "os": 0.97,
      "value": 0.94,
      "quality": 0.93,
      "momentum": 0.66,
      "confidence": 0.931,
      "coverage": 0.939,
      "pe_ratio": 3.265,
      "earnings_yield": 0.4411,
      "shareholder_yield": 0.0136,
      "roe": 0.3759,
      "momentum_12_1": 0.1723
    },
    {
      "week_end_date": "2026-07-12",
      "price": 22.24,
      "os": 0.98,
      "value": 0.94,
      "quality": 0.94,
      "momentum": 0.75,
      "confidence": 0.92,
      "coverage": 0.939,
      "pe_ratio": 3.2547,
      "earnings_yield": 0.4428,
      "shareholder_yield": 0.0137,
      "roe": 0.3759,
      "momentum_12_1": 0.2115
    },
    {
      "week_end_date": "2026-07-19",
      "price": 21.71,
      "os": 0.92,
      "value": 0.94,
      "quality": 0.94,
      "momentum": 0.33,
      "confidence": 0.91,
      "coverage": 0.939,
      "pe_ratio": 3.1772,
      "earnings_yield": 0.4558,
      "shareholder_yield": 0.014,
      "roe": 0.3759,
      "momentum_12_1": 0.1492
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 425128000,
          "cost_of_revenue": 117612000,
          "gross_profit": 307516000,
          "ebit": 343560000,
          "ebitda": 383788000,
          "pretax_income": 326862000,
          "tax_provision": 55697000,
          "net_income": 271165000,
          "net_income_to_common": 271165000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 84760000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 196930000,
          "capital_expenditure": 10499000,
          "free_cash_flow": 207429000,
          "dividends_paid": null,
          "share_repurchases": -4675000,
          "shares_issued": 2553000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 425128000,
          "cost_of_revenue": 117612000,
          "gross_profit": 307516000,
          "ebit": 343560000,
          "ebitda": 383788000,
          "pretax_income": 326862000,
          "tax_provision": 55697000,
          "net_income": 271165000,
          "net_income_to_common": 271165000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 84760000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 196930000,
          "capital_expenditure": 10499000,
          "free_cash_flow": 207429000,
          "dividends_paid": null,
          "share_repurchases": -4675000,
          "shares_issued": 2553000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 425128000,
          "cost_of_revenue": 117612000,
          "gross_profit": 307516000,
          "ebit": 343560000,
          "ebitda": 383788000,
          "pretax_income": 326862000,
          "tax_provision": 55697000,
          "net_income": 271165000,
          "net_income_to_common": 271165000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 84760000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 196930000,
          "capital_expenditure": 10499000,
          "free_cash_flow": 207429000,
          "dividends_paid": null,
          "share_repurchases": -4675000,
          "shares_issued": 2553000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 425128000,
          "cost_of_revenue": 117612000,
          "gross_profit": 307516000,
          "ebit": 343560000,
          "ebitda": 383788000,
          "pretax_income": 326862000,
          "tax_provision": 55697000,
          "net_income": 271165000,
          "net_income_to_common": 271165000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 84760000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 196930000,
          "capital_expenditure": 10499000,
          "free_cash_flow": 207429000,
          "dividends_paid": null,
          "share_repurchases": -4675000,
          "shares_issued": 2553000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 425128000,
          "cost_of_revenue": 117612000,
          "gross_profit": 307516000,
          "ebit": 343560000,
          "ebitda": 383788000,
          "pretax_income": 326862000,
          "tax_provision": 55697000,
          "net_income": 271165000,
          "net_income_to_common": 271165000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 84760000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 196930000,
          "capital_expenditure": 10499000,
          "free_cash_flow": 207429000,
          "dividends_paid": null,
          "share_repurchases": -4675000,
          "shares_issued": 2553000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 425128000,
          "cost_of_revenue": 117612000,
          "gross_profit": 307516000,
          "ebit": 343560000,
          "ebitda": 383788000,
          "pretax_income": 326862000,
          "tax_provision": 55697000,
          "net_income": 271165000,
          "net_income_to_common": 271165000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 84760000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 196930000,
          "capital_expenditure": 1131000,
          "free_cash_flow": 198061000,
          "dividends_paid": null,
          "share_repurchases": -4675000,
          "shares_issued": 2553000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 358711000,
          "cost_of_revenue": 36598000,
          "gross_profit": 322113000,
          "ebit": 59597000,
          "ebitda": 85499000,
          "pretax_income": 37388000,
          "tax_provision": 13996000,
          "net_income": 23392000,
          "net_income_to_common": 23392000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 304964000,
          "total_current_assets": 554306000,
          "total_assets": 1301060000,
          "short_term_debt": 193600000,
          "long_term_debt": 256316000,
          "total_debt": 451095000,
          "total_liabilities": 609901000,
          "total_equity": 691159000,
          "shares_outstanding": 74187000,
          "goodwill_and_intangibles": 226338000
        },
        "cash_flow": {
          "operating_cash_flow": 188690000,
          "capital_expenditure": 270000,
          "free_cash_flow": 188960000,
          "dividends_paid": null,
          "share_repurchases": -14919000,
          "shares_issued": 1466000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 358711000,
          "cost_of_revenue": 36598000,
          "gross_profit": 322113000,
          "ebit": 59597000,
          "ebitda": 85499000,
          "pretax_income": 37388000,
          "tax_provision": 13996000,
          "net_income": 23392000,
          "net_income_to_common": 23392000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 304964000,
          "total_current_assets": 554306000,
          "total_assets": 1301060000,
          "short_term_debt": 193600000,
          "long_term_debt": 256316000,
          "total_debt": 451095000,
          "total_liabilities": 609901000,
          "total_equity": 691159000,
          "shares_outstanding": 74187000,
          "goodwill_and_intangibles": 226338000
        },
        "cash_flow": {
          "operating_cash_flow": 188690000,
          "capital_expenditure": 270000,
          "free_cash_flow": 188960000,
          "dividends_paid": null,
          "share_repurchases": -14919000,
          "shares_issued": 1466000,
          "net_debt_issued": null
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 97994000,
          "cost_of_revenue": 22161000,
          "gross_profit": 75833000,
          "ebit": 229126000,
          "ebitda": 239167000,
          "pretax_income": 234563000,
          "tax_provision": 47968000,
          "net_income": 186595000,
          "net_income_to_common": 186595000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 603085000,
          "total_current_assets": 772623000,
          "total_assets": 1836587000,
          "short_term_debt": 5339000,
          "long_term_debt": 258095000,
          "total_debt": 331418000,
          "total_liabilities": 494932000,
          "total_equity": 1341655000,
          "shares_outstanding": 84849000,
          "goodwill_and_intangibles": 193507000
        },
        "cash_flow": {
          "operating_cash_flow": 35282000,
          "capital_expenditure": 492000,
          "free_cash_flow": 35774000,
          "dividends_paid": null,
          "share_repurchases": -20405000,
          "shares_issued": 259000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 97994000,
          "cost_of_revenue": 22161000,
          "gross_profit": 75833000,
          "ebit": 229126000,
          "ebitda": 239167000,
          "pretax_income": 234563000,
          "tax_provision": 47968000,
          "net_income": 186595000,
          "net_income_to_common": 186595000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 603085000,
          "total_current_assets": 772623000,
          "total_assets": 1836587000,
          "short_term_debt": 5339000,
          "long_term_debt": 258095000,
          "total_debt": 331418000,
          "total_liabilities": 494932000,
          "total_equity": 1341655000,
          "shares_outstanding": 84849000,
          "goodwill_and_intangibles": 193507000
        },
        "cash_flow": {
          "operating_cash_flow": 35282000,
          "capital_expenditure": 492000,
          "free_cash_flow": 35774000,
          "dividends_paid": null,
          "share_repurchases": -20405000,
          "shares_issued": 259000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 97994000,
          "cost_of_revenue": 22161000,
          "gross_profit": 75833000,
          "ebit": 229126000,
          "ebitda": 239167000,
          "pretax_income": 234563000,
          "tax_provision": 47968000,
          "net_income": 186595000,
          "net_income_to_common": 186595000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 603085000,
          "total_current_assets": 772623000,
          "total_assets": 1836587000,
          "short_term_debt": 5339000,
          "long_term_debt": 258095000,
          "total_debt": 331418000,
          "total_liabilities": 494932000,
          "total_equity": 1341655000,
          "shares_outstanding": 84849000,
          "goodwill_and_intangibles": 193507000
        },
        "cash_flow": {
          "operating_cash_flow": 35282000,
          "capital_expenditure": 492000,
          "free_cash_flow": 35774000,
          "dividends_paid": null,
          "share_repurchases": -20405000,
          "shares_issued": 259000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 97994000,
          "cost_of_revenue": 22161000,
          "gross_profit": 75833000,
          "ebit": 229126000,
          "ebitda": 239167000,
          "pretax_income": 234563000,
          "tax_provision": 47968000,
          "net_income": 186595000,
          "net_income_to_common": 186595000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 603085000,
          "total_current_assets": 772623000,
          "total_assets": 1836587000,
          "short_term_debt": 5339000,
          "long_term_debt": 258095000,
          "total_debt": 331418000,
          "total_liabilities": 494932000,
          "total_equity": 1341655000,
          "shares_outstanding": 84849000,
          "goodwill_and_intangibles": 193507000
        },
        "cash_flow": {
          "operating_cash_flow": 35282000,
          "capital_expenditure": 492000,
          "free_cash_flow": 35774000,
          "dividends_paid": null,
          "share_repurchases": -20405000,
          "shares_issued": 259000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 97994000,
          "cost_of_revenue": 22161000,
          "gross_profit": 75833000,
          "ebit": 229126000,
          "ebitda": 239167000,
          "pretax_income": 234563000,
          "tax_provision": 47968000,
          "net_income": 186595000,
          "net_income_to_common": 186595000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 603085000,
          "total_current_assets": 772623000,
          "total_assets": 1836587000,
          "short_term_debt": 5339000,
          "long_term_debt": 258095000,
          "total_debt": 331418000,
          "total_liabilities": 494932000,
          "total_equity": 1341655000,
          "shares_outstanding": 84849000,
          "goodwill_and_intangibles": 193507000
        },
        "cash_flow": {
          "operating_cash_flow": 35282000,
          "capital_expenditure": 492000,
          "free_cash_flow": 35774000,
          "dividends_paid": null,
          "share_repurchases": -20405000,
          "shares_issued": 259000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 97994000,
          "cost_of_revenue": 22161000,
          "gross_profit": 75833000,
          "ebit": 38154000,
          "ebitda": 48195000,
          "pretax_income": 234563000,
          "tax_provision": 47968000,
          "net_income": 186595000,
          "net_income_to_common": 186595000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 603085000,
          "total_current_assets": 772623000,
          "total_assets": 1836587000,
          "short_term_debt": 5339000,
          "long_term_debt": 258095000,
          "total_debt": 331418000,
          "total_liabilities": 494932000,
          "total_equity": 1341655000,
          "shares_outstanding": 84849000,
          "goodwill_and_intangibles": 193507000
        },
        "cash_flow": {
          "operating_cash_flow": 35282000,
          "capital_expenditure": 492000,
          "free_cash_flow": 35774000,
          "dividends_paid": null,
          "share_repurchases": -20405000,
          "shares_issued": 259000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 118045000,
          "cost_of_revenue": 42433000,
          "gross_profit": 75612000,
          "ebit": 198345000,
          "ebitda": 208469000,
          "pretax_income": 195036000,
          "tax_provision": 30883000,
          "net_income": 164153000,
          "net_income_to_common": 164153000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 85264000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 54513000,
          "capital_expenditure": 1131000,
          "free_cash_flow": 55644000,
          "dividends_paid": null,
          "share_repurchases": -4559000,
          "shares_issued": 838000,
          "net_debt_issued": -25000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 118045000,
          "cost_of_revenue": 42433000,
          "gross_profit": 75612000,
          "ebit": 198345000,
          "ebitda": 208469000,
          "pretax_income": 195036000,
          "tax_provision": 30883000,
          "net_income": 164153000,
          "net_income_to_common": 164153000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 85264000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 54513000,
          "capital_expenditure": 1131000,
          "free_cash_flow": 55644000,
          "dividends_paid": null,
          "share_repurchases": -4559000,
          "shares_issued": 838000,
          "net_debt_issued": -25000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 118045000,
          "cost_of_revenue": 42433000,
          "gross_profit": 75612000,
          "ebit": 198345000,
          "ebitda": 208469000,
          "pretax_income": 195036000,
          "tax_provision": 30883000,
          "net_income": 164153000,
          "net_income_to_common": 164153000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 85264000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 54513000,
          "capital_expenditure": 1131000,
          "free_cash_flow": 55644000,
          "dividends_paid": null,
          "share_repurchases": -4559000,
          "shares_issued": 838000,
          "net_debt_issued": -25000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 118045000,
          "cost_of_revenue": 42433000,
          "gross_profit": 75612000,
          "ebit": 198345000,
          "ebitda": 208469000,
          "pretax_income": 195036000,
          "tax_provision": 30883000,
          "net_income": 164153000,
          "net_income_to_common": 164153000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 85264000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 54513000,
          "capital_expenditure": 1131000,
          "free_cash_flow": 55644000,
          "dividends_paid": null,
          "share_repurchases": -4559000,
          "shares_issued": 838000,
          "net_debt_issued": -25000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 118045000,
          "cost_of_revenue": 42433000,
          "gross_profit": 75612000,
          "ebit": 198345000,
          "ebitda": 208469000,
          "pretax_income": 195036000,
          "tax_provision": 30883000,
          "net_income": 164153000,
          "net_income_to_common": 164153000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 85264000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 54513000,
          "capital_expenditure": 1131000,
          "free_cash_flow": 55644000,
          "dividends_paid": null,
          "share_repurchases": -4559000,
          "shares_issued": 838000,
          "net_debt_issued": -25000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 118045000,
          "cost_of_revenue": 42433000,
          "gross_profit": 75612000,
          "ebit": 198345000,
          "ebitda": 208469000,
          "pretax_income": 195036000,
          "tax_provision": 30883000,
          "net_income": 164153000,
          "net_income_to_common": 164153000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 550941000,
          "total_current_assets": 727515000,
          "total_assets": 1635165000,
          "short_term_debt": 418000,
          "long_term_debt": 257731000,
          "total_debt": 269017000,
          "total_liabilities": 462324000,
          "total_equity": 1172841000,
          "shares_outstanding": 85264000,
          "goodwill_and_intangibles": 200061000
        },
        "cash_flow": {
          "operating_cash_flow": 54513000,
          "capital_expenditure": 1131000,
          "free_cash_flow": 55644000,
          "dividends_paid": null,
          "share_repurchases": -4559000,
          "shares_issued": 838000,
          "net_debt_issued": -25000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "os_composite",
      "name": "OS Composite Score",
      "slug": "composite",
      "group": "multi_factor",
      "page_url": "/factors/composite/"
    },
    {
      "key": "quality_value",
      "name": "Quality \u00d7 Value",
      "slug": "quality-value",
      "group": "multi_factor",
      "page_url": "/factors/quality-value/"
    },
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "quality_compounders",
      "name": "Quality Compounders",
      "slug": "quality-compounders",
      "group": "quality",
      "page_url": "/factors/quality-compounders/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "garp",
      "name": "GARP",
      "slug": "garp",
      "group": "growth",
      "page_url": "/factors/garp/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    },
    {
      "key": "small_cap_value",
      "name": "Small Cap Value",
      "slug": "small-cap-value",
      "group": "universe",
      "page_url": "/factors/small-cap-value/"
    }
  ],
  "coverage": {
    "factor_history_points": 7,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-19",
    "latest_financials_period_end": "2025-12-31"
  },
  "schema": {
    "public_fields_only": true
  }
}