USNA: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	925m	855m
Cost of revenue	201m	161m
Gross profit	724m	693m
Selling, general and administrative	337m	263m
Operating expenses	687m	627m
Operating income	37m	66m
Pre-tax income	42m	76m
Income tax	30m	34m
Net income	11m	42m
Earnings per share	0.58	2.20
Earnings per share, diluted	0.58	2.19
Weighted average shares	19m	19m
Weighted average shares, diluted	19m	19m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	163m	158m	145m	151m	180m	182m	365m	332m
Receivables	10m	4m	—	—	—	—	—	—
Inventory	96m	103m	91m	83m	74m	70m	64m	62m
Current assets	294m	288m	264m	262m	281m	279m	451m	419m
Property, plant and equipment	95m	94m	96m	97m	94m	95m	98m	98m
Goodwill	138m	138m	144m	144m	144m	144m	17m	17m
Total assets	739m	743m	727m	735m	747m	748m	671m	631m
Current liabilities	117m	129m	119m	122m	137m	140m	115m	104m
Total liabilities	144m	157m	145m	149m	163m	162m	—	—
Equity	544m	533m	528m	531m	530m	532m	533m	512m
Shares outstanding	18m	18m	18m	18m	19m	19m	19m	19m
Shares issued	18m	18m	18m	18m	19m	19m	19m	19m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	22m	61m
Depreciation and amortisation	33m	15m
Share-based compensation	14m	15m
Capital expenditure	14m	10m
Investing cash flow	−10m	−213m
Share buybacks	28m	9m
Financing cash flow	−41m	10m