What changed
10-K filed Feb 12, 2026 against Feb 12, 2025| Area | What changed | Source |
|---|---|---|
| Risk factors | 4 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Receivables growing faster than revenue | Receivables +20.4% vs revenue +5.3% (+15.1 pts) | 10-K · XBRL |
| Accounting checks | 9 other checks clear, 1 worth a look | 10-K · XBRL |
| Insiders | No open-market buys in the last 90 days | Form 4 |
| Filings | 2 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Feb 12, 2026Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-12. Quoted as filed.
Energy storage systems provide additional resources for enhancing grid reliability and stability by providing rapid response capabilities, allowing the injection and absorption of power during electric supply and demand imbalances. As forecasted load increases, the lack of sufficient energy storage growth may also lead to greater price…
10-K, Item 1A
Accounting checks
latest 10-K9 of 10 clear 1 worth a look. Checks, not verdicts.
- !Receivables growing faster than revenueReceivables +20.4% vs revenue +5.3% (+15.1 pts)
- ✓Cash from operations $6.3B vs net income $2.8B (FY ending 2025-12-31)
- ✓Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓The same matters as last year: Accounting for the Effects of Rate Regulation
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →- Oct 30, 20268-K Quarterly results, Regulation FD disclosure 8-K items 2.02, 7.01
- Oct 30, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
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