Historical Growth VariabilityPrior uneven annual growth, including a near-flat 2025, signals that top-line momentum can be volatile despite recent rebounds. This variability complicates capacity planning, investor expectations, and multi-year forecasting, raising the execution bar to sustain elevated growth rates.
High U.S. Revenue ConcentrationHeavy reliance on the U.S. market concentrates political, economic and procurement risks (including appropriations timing). Geographic imbalance makes overall growth and contract timing more sensitive to U.S.-specific factors, limiting resilience from international diversification over the medium term.
Capacity Constraints And Rising Operating ExpensesDemand outstripping supply and rising operating costs from hiring can cap near-term revenue capture and pressure incremental margins if investments lag productivity gains. Execution risk from scaling operations and hiring could slow realization of sales momentum despite strong bookings.