| Stage | PH | % of rev | CXT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $5.8B | 100.00% | $493M | 100.00% | PH ×11.67 |
| Gross profit | $2.2B | 39.04% | $209M | 42.30% | CXT +3.3pp |
| Operating income | $1.4B | 23.86% | $69M | 13.97% | PH +9.9pp |
| Pre-tax income | $1.3B | 23.28% | $48M | 9.71% | PH +13.6pp |
| Net income | $1.1B | 18.97% | $36M | 7.34% | PH +11.6pp |
| Stage | PH | CXT | Gap · A − B |
|---|---|---|---|
| Revenue | $5.8B100.00% | $493M100.00% | PH ×11.67 |
| Gross profit | 39.04%$2.2B | 42.30%$209M | CXT +3.3pp |
| Operating income | 23.86%$1.4B | 13.97%$69M | PH +9.9pp |
| Pre-tax income | 23.28%$1.3B | 9.71%$48M | PH +13.6pp |
| Net income |
| 18.97%$1.1B |
| 7.34%$36M |
| PH +11.6pp |
None
PH 10-KAug 21 '26
“As a provider of products to the U.S. government, we are subject to additional risks related to future government spending as well as unusual performance conditions and enhanced compliance risks.”
CXT 10-KFeb 26 '26
“In addition, our results in the SAT segment are subject to significant variability due to the timing and size of contract awards by central banks for banknote production and actual order rates, particularly with the U.S. government.”
None