TRAK (TRAK) financial statements
TRAK reported revenue of $23M in fiscal 2026, up 2.3% a year over 9 years.
Net income was $8M and the operating margin 33.7%, against 20.6% in 2017.
Free cash flow was $7M, and the company returned $2M in dividends and $2M in net buybacks.
The diluted share count fell 6% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from TRAK's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19M | $22M | $21M | $20M | $21M | $18M | $19M | $20M | $23M | $23M |
| Cost of revenue | $5M | $7M | $6M | $7M | $7M | $3M | $3M | $3M | $4M | $3M |
| Gross profit | $14M | $15M | $15M | $13M | $14M | $15M | $16M | $17M | $19M | $20M |
| Selling, general and admin | $9M | $11M | $11M | $11M | $10M | $10M | $10M | $11M | $11M | $11M |
| Operating income | $4M | $4M | $4M | $1M | $3M | $4M | $5M | $5M | $6M | $8M |
| Interest expense | — | $166,888 | $42,684 | $67,732 | $106,680 | $44,307 | $60,990 | $28,166 | $48,671 | $38,483 |
| Pre-tax income | $4M | $4M | $4M | $2M | $4M | $4M | $6M | $6M | $8M | $10M |
| Income tax | $107,569 | $105,395 | $142,710 | $41,919 | $76,897 | $129,968 | $321,371 | $374,491 | $675,850 | $2M |
| Net income | $4M | $3M | $4M | $2M | $4M | $4M | $6M | $6M | $7M | $8M |
| EPS (diluted) | $0.15 | $0.14 | $0.16 | $0.05 | $0.18 | $0.18 | $0.27 | $0.29 | $0.35 | $0.39 |
| Diluted shares | 20M | 20M | 20M | 20M | 20M | 19M | 19M | 19M | 19M | 19M |
| Gross margin | 71.9% | 70.1% | 72.5% | 65.1% | 67.2% | 82.3% | 82.7% | 83.3% | 83.7% | 85.8% |
| Operating margin | 20.6% | 16.0% | 18.8% | 7.4% | 13.8% | 24.5% | 26.7% | 24.6% | 27.5% | 33.7% |
| Net margin | 19.9% | 15.5% | 18.4% | 8.0% | 19.6% | 22.2% | 29.3% | 29.1% | 30.9% | 32.5% |
Balance sheet
Fiscal years, from TRAK's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $14M | $15M | $19M | $20M | $24M | $21M | $24M | $25M | $29M | $27M |
| Receivables | $4M | $4M | $4M | $4M | $4M | $3M | $3M | $4M | $4M | $5M |
| Total current assets | $19M | $24M | $27M | $27M | $30M | $27M | $27M | $29M | $34M | $33M |
| Property, plant and equipment | $2M | $2M | $3M | $3M | $3M | $764,517 | $986,300 | $513,277 | $602,172 | $303,896 |
| Goodwill | $21M | $21M | $21M | $21M | $21M | $21M | $21M | $21M | $21M | $21M |
| Total assets | $46M | $49M | $53M | $53M | $55M | $49M | $51M | $52M | $55M | $61M |
| Total current liabilities | $8M | $8M | $9M | $9M | $9M | $6M | $4M | $5M | $6M | $9M |
| Long-term debt | — | — | — | — | — | — | $206,032 | $0 | $278,748 | $61,498 |
| Total liabilities | $10M | $10M | $10M | $11M | $10M | $6M | $5M | $5M | $6M | $9M |
| Shareholders' equity | $36M | $40M | $43M | $43M | $45M | $43M | $46M | $47M | $50M | $52M |
| Net debt | -$14M | -$15M | -$19M | -$20M | -$24M | -$21M | -$24M | -$25M | -$28M | -$27M |
Cash flow
Fiscal years, from TRAK's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2M | $2M | $5M | $4M | $5M | $6M | $9M | $7M | $8M | $8M |
| Capital spending | $2M | $315,246 | $1M | $650,422 | $318,873 | $50,823 | $903,187 | $73,317 | $15,965 | $1M |
| Free cash flow | $299,736 | $2M | $3M | $4M | $5M | $6M | $8M | $7M | $8M | $7M |
| Stock-based compensation | — | — | — | — | $336,695 | $422,101 | $390,716 | $367,147 | $403,783 | $444,510 |
| Dividends paid | — | — | — | — | $586,444 | $586,444 | $1M | $2M | $2M | $2M |
| Share buybacks (net) | — | $0 | -$482,406 | -$2M | -$1M | -$6M | -$1M | -$2M | -$200,035 | -$2M |
| Net borrowing | $2M | $56,078 | $1M | $1M | $0 | — | — | — | — | — |
| Free cash flow margin | 1.6% | 8.5% | 14.8% | 17.7% | 24.2% | 33.5% | 41.7% | 33.7% | 37.2% | 31.0% |
| Dividends per share | — | — | — | — | $0.03 | $0.03 | $0.08 | $0.09 | $0.09 | $0.09 |
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Open TRAK in InvestinglyQuestions
What was TRAK's revenue in 2026?
$23M in fiscal 2026, from its 10-K filing.
How much free cash flow does TRAK generate?
$7M in fiscal 2026 (operating cash flow minus capital spending).
From TRAK's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.