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Corvex MOVE Connected Devices And Services — General And Administrative Expense

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Other financials

Income statement

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Revenue$510.0K+148%
Gross profit-$945.0K-107%
Operating income-$4.8M+7.5%
Net income-$5.0M+3.3%
EPS (diluted)-$3.13+41.5%

Balance sheet

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Cash & equivalents$28.9M+4,126%
Total debt$22.8M+3,165%
Total equity$576.0M+17,711%
Total assets$604.5M+7,684%

Cash flow

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Operating cash flow-$4.3M+0.3%
CapEx$6.2M
Free cash flow-$10.5M

Valuation

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Market cap$43M+583%
Enterprise value$36.84M+427%
P/S58.3×+45.0×

Profitability

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Gross margin-424.9%-2,244pp
Operating margin-2,050.5%-817pp
Net margin-2,457.5%-909pp
FCF margin-2,175.8%

Returns & leverage

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Return on equity-6.3%
Debt / equity-0.2×
Current ratio2.1×+0.4×

Where this comes from

Reported directly by Corvex in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The official record: Corvex ’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corvex 's connected devices and services — general and administrative expense?
Corvex (MOVE) reported connected devices and services — general and administrative expense of $2.1M in Q1 2026.
What does connected devices and services — general and administrative expense mean?
This metric includes the overhead costs, such as executive management, legal, finance, and human resources, allocated to the Connected Devices and Services segment. It provides insight into the administrative burden and corporate support required to sustain the segment's operations.