PRTH (PRTH) financial statements
PRTH reported revenue of $953M in fiscal 2025, up 12.0% a year over 9 years.
Net income was $56M and the operating margin 14.8%, against 7.5% in 2016.
Free cash flow was $75M.
The diluted share count fell 38% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PRTH's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $344M | $382M | $376M | $372M | $404M | $515M | $664M | $756M | $880M | $953M |
| Cost of revenue | — | $279M | $269M | $253M | $277M | $360M | $437M | $480M | $552M | $578M |
| Gross profit | — | $104M | $107M | $119M | $127M | $155M | $227M | $275M | $328M | $375M |
| Selling, general and admin | $17M | $22M | $32M | $31M | $26M | $28M | $35M | $45M | $47M | $62M |
| Operating income | $26M | $34M | $16M | $7M | $21M | $33M | $56M | $82M | $133M | $141M |
| Interest expense | $5M | $25M | $30M | $41M | $45M | $36M | $54M | $76M | $89M | $91M |
| Pre-tax income | — | — | — | — | — | — | — | $7M | $37M | $46M |
| Income tax | $0 | $0 | -$2M | $830,000 | $11M | -$5M | $5M | $8M | $13M | -$9M |
| Net income | $20M | $4M | -$18M | -$34M | $26M | -$25M | -$39M | -$49M | -$24M | $56M |
| EPS (diluted) | $0.15 | $0.05 | -$0.29 | -$0.50 | $0.38 | -$0.34 | -$0.50 | -$0.63 | -$0.31 | $0.68 |
| Diluted shares | 132M | 67M | 62M | 67M | 67M | 72M | 78M | 78M | 78M | 81M |
| Gross margin | — | 27.1% | 28.3% | 32.1% | 31.4% | 30.1% | 34.2% | 36.4% | 37.3% | 39.3% |
| Operating margin | 7.5% | 9.0% | 4.4% | 1.9% | 5.2% | 6.4% | 8.5% | 10.8% | 15.2% | 14.8% |
| Net margin | 5.9% | 1.0% | -4.7% | -9.0% | 6.3% | -4.8% | -5.9% | -6.5% | -2.7% | 5.8% |
Balance sheet
Fiscal years, from PRTH's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $362,535 | $172,196 | $16M | $3M | $9M | $20M | $18M | $40M | $59M | $77M |
| Receivables | — | $47M | $36M | $38M | $41M | $58M | $78M | $59M | $68M | $91M |
| Inventory | — | — | — | — | — | — | — | — | $8M | $8M |
| Total current assets | $418,776 | $106M | $75M | $94M | $136M | $603M | $652M | $881M | $1.1B | $1.5B |
| Property, plant and equipment | — | $12M | $17M | $24M | $23M | $25M | $35M | $45M | $52M | $59M |
| Goodwill | — | $102M | $110M | $110M | $107M | $366M | $369M | $376M | $376M | $417M |
| Total assets | $55M | $267M | $379M | $465M | $418M | $1.4B | $1.4B | $1.6B | $1.8B | $2.4B |
| Total current liabilities | $150,127 | $66M | $63M | $93M | $149M | $584M | $630M | $852M | $1.1B | $1.4B |
| Long-term debt | — | $268M | $402M | $486M | $358M | $604M | $599M | $632M | $921M | $1.0B |
| Total liabilities | $1M | $357M | $473M | $585M | $516M | $1.2B | $1.2B | $1.5B | $2.0B | $2.5B |
| Shareholders' equity | $116M | -$90M | -$94M | -$126M | -$99M | -$64M | -$104M | -$148M | -$167M | -$100M |
| Net debt | -$362,535 | $275M | $390M | $486M | $368M | $590M | $587M | $599M | $872M | $962M |
Cash flow
Fiscal years, from PRTH's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $22M | $37M | $31M | $12M | $12M | $9M | $71M | $81M | $86M | $100M |
| Capital spending | $4M | $7M | $11M | $11M | $7M | $10M | $19M | $21M | $22M | $25M |
| Free cash flow | $18M | $30M | $21M | $962,000 | $5M | -$342,000 | $52M | $60M | $64M | $75M |
| Stock-based compensation | $2M | $1M | $2M | $4M | $2M | $3M | $6M | $7M | $6M | $11M |
| Dividends paid | $10M | $3M | $7M | $0 | $0 | $7M | $11M | $25M | $24M | $0 |
| Share buybacks (net) | — | $0 | $0 | -$2M | $0 | -$2M | -$7M | -$1M | — | — |
| Net borrowing | $0 | $186M | $124M | $66M | -$111M | $246M | -$6M | $43M | $286M | $106M |
| Free cash flow margin | 5.3% | 7.9% | 5.5% | 0.3% | 1.2% | -0.1% | 7.8% | 7.9% | 7.3% | 7.9% |
| Dividends per share | $0.08 | $0.05 | $0.11 | — | — | $0.10 | $0.15 | $0.32 | $0.30 | — |
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Open PRTH in InvestinglyQuestions
What was PRTH's revenue in 2025?
$953M in fiscal 2025, from its 10-K filing.
How much free cash flow does PRTH generate?
$75M in fiscal 2025 (operating cash flow minus capital spending).
From PRTH's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.