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RITCV Financials

RITCV
Trailing 12 months to March 31, 2026
Revenue $5.0B +7.8% YoY
Net Income $591.1M -6.1% YoY
EPS (Diluted) $1.04 FY2025 annual
Operating Cash Flow -$2.6B -574.5% YoY
Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed May 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RITCV SEC filings page.

RITCV (RITCV) reported $5.0B in revenue over the twelve months to Mar 31, 2026, up 7.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI RITCV FY2025

RITCV’s earnings-to-cash conversion has weakened while heavy leverage remains the central financing mechanic.

The key break is earnings quality: despite positive net income of $567M in FY2025, operating cash flow was -$1.3B, following -$2.2B in FY2024 after positive cash generation in FY2023. This two-year reversal means reported profit is not currently translating into cash from operations, while FY2025’s $2.7B investing inflow partly offset the operating shortfall rather than demonstrating low reinvestment.

Debt dependence remains pronounced: debt-to-equity was 4.2x in FY2025, and long-term debt increased year over year. Equity stood at $8.4B against liabilities of $43.8B, indicating that asset growth has been accompanied by substantial creditor funding rather than internally generated cash.

Revenue fell 6.7% in FY2025 while SG&A increased to $1.0B, a cost pattern that makes the lower earnings margin look more like operating pressure than simple volume movement. Net margin fell to 12.4% from 17.0% in FY2024, while shares outstanding rose to 555.9M from 520.7M, adding dilution to the per-share earnings pressure.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

RITCV does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
2/7

RITCV passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

For every $1 of reported earnings, RITCV used $2.28 of operating cash (-$1.3B OCF vs $567.2M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.4B
YoY+41.3%
QoQ+6.9%
5Y CAGR+3.8%

RITCV generated $1.4B in revenue in Q1 2026. This represents an increase of 41.3% from the same quarter a year earlier. Against the prior quarter it is up 6.9%.

Net Income
$102.7M
YoY+30.3%
QoQ+328.9%
5Y CAGR-19.4%
10Y CAGR-1.2%

RITCV reported $102.7M in net income in Q1 2026. This represents an increase of 30.3% from the same quarter a year earlier. Against the prior quarter it is up 328.9%.

EPS (Diluted)
$0.12
YoY+71.4%

RITCV earned $0.12 per diluted share (EPS) in Q1 2026. This represents an increase of 71.4% from the same quarter a year earlier.

EBITDA

Not reported for Q1 2026.

Cash & Balance Sheet

Cash & Debt
$1.6B
YoY+10.2%
QoQ-10.9%
5Y CAGR+9.7%
10Y CAGR+20.3%

RITCV held $1.6B in cash against $35.2B in long-term debt as of Q1 2026.

Dividends Per Share
$0.25
YoY0.0%
QoQ0.0%

RITCV paid $0.25 per share in dividends in Q1 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding
558M
YoY+5.3%
QoQ+0.4%
5Y CAGR+3.7%
10Y CAGR+9.3%

RITCV had 558M shares outstanding in Q1 2026. This represents an increase of 5.3% from the same quarter a year earlier. Against the prior quarter it is up 0.4%.

Free Cash Flow

Not reported for Q1 2026.

Margins & Returns

Net Margin
7.4%
YoY-0.6pp
QoQ+10.9pp
5Y change-18.9pp

RITCV's net profit margin was 7.4% in Q1 2026, showing the share of revenue converted to profit. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.9 percentage points.

Return on Equity
1.2%
YoY+0.2pp
QoQ+1.7pp
5Y change-4.3pp
10Y change-3.0pp

RITCV's ROE was 1.2% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.

Gross Margin

Not reported for Q1 2026.

Operating Margin

Not reported for Q1 2026.

Capital Allocation

Share Buybacks
$0
YoY-100.0%

RITCV repurchased no shares in Q1 2026. This represents a decrease of 100.0% from the same quarter a year earlier.

R&D Spending

Not reported for Q1 2026.

Capital Expenditures

Not reported for Q1 2026.

RITCV Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RITCV quarterly income statement
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'25Q1'2510-QQ4'2410-KQ3'2410-QQ2'24
Revenue$1.4B+41.3%$1.3B-14.1%$1.1B+10.6%$1.2B+5.3%$976.9M-22.5%$1.5B+117.2%$999.4M-12.0%$1.2B+4.1%
SG&A Expenses$336.0M+57.8%$321.9M+37.8%$237.1M+10.1%$239.6M+11.7%$213.0M+3.9%$233.6M+21.4%$215.3M+12.9%$214.5M+17.9%
Income Tax$44.8M+287.1%$115.7M-42.3%$8.1M+110.3%-$11.6M-122.5%-$23.9M-125.6%$200.7M+572.3%-$78.4M-249.2%$51.6M-8.6%
Net Income$102.7M+30.3%-$44.9M-123.2%$221.5M+82.0%$311.7M+32.3%$78.8M-72.3%$193.7M+388.4%$121.7M-45.0%$235.6M-39.1%
EPS (Basic)$0.12+71.4%N/A$0.36+80.0%$0.54+22.7%$0.07-87.0%N/A$0.20-50.0%$0.44-40.5%
EPS (Diluted)$0.12+71.4%N/A$0.35+75.0%$0.53+23.3%$0.07N/A$0.20-50.0%$0.43-41.9%
Diluted Shares (Avg)566M+6.7%N/A551M+11.0%537M+9.4%531MN/A497M+2.6%491M+1.6%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, Interest Expense.

RITCV Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RITCV quarterly balance sheet
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'25Q1'2510-QQ4'2410-KQ3'2410-QQ2'24
Total Assets$53.4B+17.7%$53.1B+15.2%$47.2B+11.6%$44.3B+5.5%$45.3B-5.4%$46.0B+15.9%$42.3B+14.9%$42.0B+16.7%
Cash & Equivalents$1.6B+10.2%$1.8B+26.7%$1.6B-1.7%$1.6B+29.2%$1.5B+31.4%$1.5B+13.3%$1.6B+34.7%$1.2B-9.5%
Goodwill$316.6M+136.6%$316.6M+136.6%$133.8M+1.5%$133.8M+1.5%$133.8M+1.5%$133.8M+1.5%$131.9M+54.8%$131.9M+54.8%
Total Liabilities$43.9B+18.0%$43.8B+14.8%$38.3B+10.8%$36.0B+4.0%$37.2B-8.6%$38.2B+17.0%$34.5B+16.9%$34.6B+20.1%
Long-Term Debt$35.2B+9.2%$35.4B+8.9%$32.2B+8.8%$31.2B+3.7%$32.2B-1.5%$32.6B+20.7%$29.6B+22.2%$30.1B+26.7%
Total Equity$8.6B+10.7%$8.4B+8.2%$8.5B+11.0%$7.9B+8.5%$7.8B+8.8%$7.8B+11.2%$7.7B+6.2%$7.3B+2.7%
Retained Earnings-$100.0M+23.1%-$19.9M+57.6%$70.8M+139.8%$18.4M+112.8%-$129.9M+44.0%-$47.0M+87.4%-$177.7M-8.3%-$143.2M+39.4%

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities.

RITCV Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RITCV quarterly cash flow statement
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'25Q1'2510-QQ4'2410-KQ3'2410-QQ2'24
Operating Cash Flow$100.7M-92.9%-$114.6M+93.5%-$2.0B-365.8%-$557.1M-586.1%$1.4B+208.1%-$1.8B-67.5%$768.1M+50.9%$114.6M+777.4%
Depreciation & Amortization$92.6M+277.1%$36.0M+46.8%$23.1M-33.6%$23.8M-27.6%$24.6M-23.1%$24.5M$34.8M$32.9M
Investing Cash Flow-$739.5M+43.3%$1.4B+529.2%$625.6M+192.5%$1.9B-28.0%-$1.3B+67.8%-$337.6M-119.8%-$676.2M-5.8%$2.6B+1156.3%
Financing Cash Flow$312.3M+458.2%-$790.9M-139.4%$1.5B+331.9%-$1.3B+53.3%$56.0M-98.9%$2.0B+460.2%$349.8M+1273.4%-$2.7B-1948.6%
Dividends Paid$139.6M+5.4%$139.0M+6.8%$138.5M+6.6%$132.6M+8.3%$132.5M+9.6%$130.2M+7.8%$129.9M+7.5%$122.4M+1.3%
Share Buybacks$0-100.0%$0$0$0$50.0M$0$0$0

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.

RITCV Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RITCV quarterly financial ratios
MetricQ1'2610-QQ4'2510-QQ3'2510-QQ2'25Q1'2510-QQ4'2410-KQ3'2410-QQ2'24
Net Margin7.4%-0.6pp-3.5%-16.4pp20.0%+7.9pp25.6%+5.2pp8.1%-14.5pp12.9%+22.6pp12.2%-7.3pp20.4%-14.4pp
Return on Equity1.2%+0.2pp-0.5%-3.0pp2.6%+1.0pp3.9%+0.7pp1.0%-3.0pp2.5%+3.4pp1.6%-1.5pp3.2%-2.2pp
Return on Assets0.2%0.0pp-0.1%-0.5pp0.5%+0.2pp0.7%+0.1pp0.2%-0.4pp0.4%+0.6pp0.3%-0.3pp0.6%-0.5pp
Debt-to-Equity4.08-0.1x4.200.0x3.79-0.1x3.92-0.2x4.14-0.4x4.18+0.3x3.87+0.5x4.10+0.8x
Asset Turnover0.030.0x0.020.0x0.020.0x0.030.0x0.020.0x0.030.0x0.020.0x0.030.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Frequently Asked Questions

What is RITCV's annual revenue?

RITCV (RITCV) reported $4.6B in total revenue for fiscal year 2025. This represents a -6.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is RITCV's revenue growing?

RITCV (RITCV) revenue declined by 6.7% year-over-year, from $4.9B to $4.6B in fiscal year 2025.

Is RITCV profitable?

Yes, RITCV (RITCV) reported a net income of $567.2M in fiscal year 2025, with a net profit margin of 12.4%.

RITCV (RITCV) reported diluted earnings per share of $1.04 for fiscal year 2025. This represents a -37.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, RITCV (RITCV) had $1.8B in cash and equivalents against $35.4B in long-term debt.

RITCV (RITCV) had a net profit margin of 12.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, RITCV (RITCV) paid $1.00 per share in dividends during fiscal year 2025.

RITCV (RITCV) has a return on equity of 6.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

RITCV (RITCV) recorded an outflow of $1.3B in operating cash flow during fiscal year 2025, representing cash used by core business activities.

RITCV (RITCV) had $53.1B in total assets as of fiscal year 2025, including both current and long-term assets.

Yes, RITCV (RITCV) spent $50.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

RITCV (RITCV) had 556M shares outstanding as of fiscal year 2025.

RITCV (RITCV) had a debt-to-equity ratio of 4.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

RITCV (RITCV) had a return on assets of 1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

RITCV (RITCV) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

For every $1 of reported earnings, RITCV (RITCV) used $2.28 of operating cash (-$1.3B OCF vs $567.2M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

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