VYXHIGH SIGNALFINANCIAL10-K

VYX experienced a dramatic collapse in profitability despite revenue growth, with net income falling substantially while the company burned through most of its cash reserves.

The severe deterioration in earnings alongside worsening operating cash flow losses suggests fundamental operational challenges that revenue growth alone cannot overcome. The sharp reduction in cash reserves from $724M to $231M creates potential liquidity concerns and limits strategic flexibility.

Comparing 2026-02-26 vs 2025-02-27View on EDGAR →
FINANCIAL ANALYSIS

While VYX achieved solid 15% revenue growth to $7.2B, profitability collapsed with net income falling substantially from $958M to just $62M. Operating performance deteriorated further as negative operating cash flows worsened to -$210M, forcing the company to burn through nearly 68% of its cash reserves. The combination of severely impaired earnings generation and substantial cash depletion despite top-line growth signals significant operational distress requiring immediate management attention.

FINANCIAL STATEMENT CHANGES
Net Income
P&L
-93.5%
$958.0M→$62.0M

Net income declined 93.5% — review whether driven by operations, interest costs, or non-recurring items.

Capital Expenditure
Cash Flow
-76.9%
$130.0M→$30.0M

Capex reduced 76.9% — investment cycle winding down or capital discipline; may improve near-term free cash flow.

Cash & Equivalents
Balance Sheet
-68.1%
$724.0M→$231.0M

Cash declined 68.1% — significant cash burn or deployment; verify adequacy of remaining liquidity runway.

Operating Cash Flow
Cash Flow
-59.1%
-$132.0M→-$210.0M

Operating cash flow fell 59.1% — earnings quality concerns; investigate working capital changes and non-cash items.

Interest Expense
P&L
-55.2%
$134.0M→$60.0M

Interest expense declined — debt repayment or refinancing at lower rates improving earnings quality.

Current Assets
Balance Sheet
-34%
$1.7B→$1.1B

Current assets declined 34% — monitor working capital adequacy and short-term liquidity.

Share Buybacks
Cash Flow
+32.1%
$56.0M→$74.0M

Share repurchases increased 32.1% — management returning capital, signals confidence in intrinsic value.

Current Liabilities
Balance Sheet
-25%
$1.4B→$1.1B

Current liabilities reduced — improved short-term financial position and working capital health.

Revenue
P&L
+15.3%
$6.2B→$7.2B

Revenue growing 15.3% — solid top-line momentum, watch margins for quality of growth.

Total Liabilities
Balance Sheet
-14.8%
$3.2B→$2.8B

Liabilities reduced 14.8% — deleveraging improves balance sheet strength and financial flexibility.

LANGUAGE CHANGES
NEW — 2026-02-26
PRIOR — 2025-02-27
ADDED
As of February 19, 2026, there were 139,011,364 shares of common stock issued and outstanding.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 113 9A.
Forward-looking statements may appear throughout this Report and can generally be identified by words such as expect, anticipate, outlook, intend, plan, believe, will, should, would, potential, proposed, planned, estimate, likely, could, may, and similar expressions referencing future events, conditions or circumstances.
Examples of forward-looking statements include, without limitation, the Company s plans, strategies, projections, future financial or operational results, events, trends, and economic and other future conditions.
Forward-looking statements are based solely on management s current beliefs, expectations and assumptions, whether express or implied, regarding the future and may prove to be inaccurate.
+7 more — sign up free →
REMOVED
As of February 21, 2025, there were 138,882,586 shares of common stock issued and outstanding.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 116 9A.
Forward-looking statements use words such as expect, anticipate, outlook, intend, plan, confident, believe, will, should, would, potential, positioning, proposed, planned, objective, likely, could, may, and words of similar meaning, as well as other words or expressions referencing future events, conditions or circumstances.
We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Act.
Statements that describe or relate to the Company s plans, goals, intentions, strategies, or financial outlook, and statements that do not relate to historical or current fact, are examples of forward-looking statements.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
CRMHIGHSalesforce significantly increased debt by 71% to $14.4B while simultaneously ac...
2026-03-02
UNHHIGHUNH's operating income plummeted 41% despite 12% revenue growth, indicating seve...
2026-03-02
PFEHIGHPfizer achieved a dramatic 87.3% reduction in total debt from $31.4B to $4.0B, r...
2026-02-26
GILDHIGHGILD dramatically increased R&D spending by 81.5% to $9.1B while introducing new...
2026-02-24
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →