Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | -$14 | — | — | $574.1M | — |
| FY24 | — | -$5.36 | — | — | $980.6M | — |
| FY23 | — | -$13.1 | — | — | $222M | — |
| FY22 | — | -$13.4 | — | — | $209.7M | — |
| FY21 | — | -$3.07 | — | — | $27.9M | — |
| FY20 | — | -$3.14 | — | — | $12.4M | — |
| FY19 | — | -$12.7 | — | — | $14.5M | — |
| FY18 | — | -$1.67 | — | — | $6.8M | — |
| FY17 | — | -$0.57 | — | — | $6.3M | — |
| FY16 | — | -$0.52 | — | — | $7.7M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.7M | $6.3M | $6.8M | $14.5M | $12.4M | $27.9M | $209.7M | $222M | $980.6M | $574.1M |
| YoY change | — | -17.5% | +7.57% | +113.2% | -14.2% | +124.2% | +651.4% | +5.85% | +341.8% | -41.5% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.7M | 6.3M | 6.8M | 14.5M | 12.4M | 27.9M | 209.7M | 222M | 980.6M | 574.1M |
| Cost of revenue | 261K | 0 | 0 | 2.1M | 2M | 3.3M | 22M | 30.5M | 29.1M | 48.9M |
| Gross profit | 7.4M | 6.3M | 6.8M | 12.4M | 10.5M | 24.6M | 187.7M | 191.4M | 951.6M | 525.2M |
| Gross margin | 96.6% | 100% | 100% | 85.6% | 84.2% | 88.1% | 89.5% | 86.2% | 97% | 91.5% |
| Research & development | 102.7M | 118.8M | 249.6M | 463.9M | 564.6M | 766.5M | 743.1M | 707M | 947.2M | 1.1B |
| Selling, general & administrative | 17.7M | 13.4M | 89.7M | 98.9M | 64.1M | 191.3M | 328M | 376.5M | 383.1M | 599.9M |
| Operating expenses | 120.4M | 132.2M | 339.3M | 562.7M | 628.6M | 957.8M | 1B | 1.1B | 1.3B | 1.7B |
| Operating income | -114.6M | -130.7M | -323.8M | -582.7M | -663.9M | -869.8M | -849.8M | -872.6M | -369.7M | -1.2B |
| Operating margin | -1.5K% | -2.1K% | -4.8K% | -4K% | -5.3K% | -3.1K% | -405.2% | -393.1% | -37.7% | -208.6% |
| Non-operating income, net | — | — | — | — | — | — | 5.7M | 3.4M | 1.1M | -66.4M |
| Pretax income | -107.8M | -120.1M | -346.9M | -1.5B | -675.4M | -832.2M | -887.2M | -932.9M | -395.3M | -1.2B |
| Income tax | 0 | -1.6M | -1.6M | -1.6M | 2.2M | -49.8M | -4.2M | -7.2M | 10.4M | 6.9M |
| Net income | -107.8M | -118.5M | -345.3M | -1.5B | -677.6M | -782.4M | -882.9M | -925.7M | -405.7M | -1.2B |
| Net margin | -1.4K% | -1.9K% | -5.1K% | -10.2K% | -5.4K% | -2.8K% | -421% | -417% | -41.4% | -216.5% |
| EBITDA | -116M | -85.8M | -324.1M | -1.4B | -638M | -847.9M | -780.5M | -747.4M | -243.4M | -1.1B |
| EPS | -0.52 | -0.57 | -1.67 | -12.7 | -3.14 | -3.07 | -13.4 | -13.1 | -5.36 | -14 |
| Diluted EPS | -0.52 | -0.57 | -1.67 | -12.7 | -3.14 | -3.07 | -13.4 | -13.1 | -5.36 | -14 |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 451.9M | 399M | 971.5M | 878.5M | 1B | 1.7B | 1.5B | 1.1B | 1.2B | 2.5B |
| Receivables | 556K | 0 | 0 | — | 0 | 54M | 54.4M | 145.9M | 83.1M | 252.9M |
| Inventory | — | — | — | — | 0 | 3.9M | 9.4M | 16.2M | 6.6M | 28.6M |
| Total current assets | 463.7M | 414.7M | 990.2M | 909.1M | 1.1B | 1.9B | 1.6B | 1.3B | 1.5B | 2.9B |
| Property, plant & equipment | 1.8M | 13.5M | 50.3M | 114.6M | 426.5M | 431.7M | 810.6M | 98.7M | 40.2M | -12.1M |
| Goodwill & intangibles | 223.6M | 210.8M | 266.4M | 258M | 244.2M | 170.2M | 218M | 220.3M | 201.4M | 181.3M |
| Total assets | 593.3M | 581.7M | 1.2B | 1.2B | 1.7B | 2.9B | 2.8B | 2.5B | 2.6B | 4B |
| Accounts payable | 156K | 3.8M | 5.1M | 13.1M | 23.4M | 70.9M | 95.6M | 72.4M | 92M | 106.7M |
| Short-term debt | 358K | 2M | 37.6M | 92.2M | 50.6M | 49.5M | 518.4M | 616.4M | 779.1M | 1.2B |
| Total current liabilities | 77.6M | 79.5M | 105.3M | 202.1M | 276.1M | 361.1M | 881.2M | 934.2M | 1.2B | 1.6B |
| Long-term debt | 472K | 2.9M | 4.5M | 9.2M | 479.1M | 1B | 1.3B | 1.2B | 889.4M | 757.2M |
| Total liabilities | 607.9M | 713.5M | 2.2B | 314.6M | 884.4M | 1.7B | 2.4B | 2.4B | 2.3B | 2.6B |
| Shareholders' equity | -14.6M | -131.8M | -1B | 890.5M | 846.6M | 1.2B | 408.7M | 70.6M | 274.2M | 1.3B |
| Total debt | 830K | 4.9M | 42M | 101.4M | 529.7M | 1.1B | 1.8B | 1.8B | 1.7B | 2B |
| Net debt | -293.7M | -9.9M | -915M | -777.1M | -490.3M | -622.6M | 317.1M | 726.3M | 431.9M | -484.7M |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 1.5B | 1.5B | 1.5B | 850.7M | 1.6B | 1.9B | 65.9M | 70.6M | 75.5M | 89M | 89M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 96.6% | 100% | 100% | 85.6% | 84.2% | 88.1% | 89.5% | 86.2% | 97% | 91.5% | 91.5% |
| Operating margin | -1.5K% | -2.1K% | -4.8K% | -4K% | -5.3K% | -3.1K% | -405.2% | -393.1% | -37.7% | -208.6% | -208.6% |
| Net margin | -1.4K% | -1.9K% | -5.1K% | -10.2K% | -5.4K% | -2.8K% | -421% | -417% | -41.4% | -216.5% | -216.5% |
| ROE | 738.3% | 89.9% | 34.1% | -166.3% | -80% | -63.4% | -216.1% | -1.3K% | -148% | -93.2% | -93.2% |
| ROA | -18.2% | -20.4% | -28.1% | -122.9% | -39.1% | -26.6% | -31.2% | -37% | -15.5% | -31.4% | -31.4% |
| ROIC | 24.6% | 24.8% | 16.7% | -514% | -186.3% | -142.1% | -117.1% | -109.5% | -52.4% | -141% | -141% |
| Return on tangible assets | -29.2% | -32% | -35.9% | -156.4% | -45.6% | -28.2% | -33.8% | -40.6% | -16.8% | -32.9% | -32.9% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 5.97 | 5.21 | 9.41 | 4.5 | 3.91 | 5.22 | 1.86 | 1.44 | 1.26 | 1.79 | 1.79 |
| Quick ratio | 5.97 | 5.21 | 9.41 | 4.5 | 3.91 | 5.21 | 1.85 | 1.42 | 1.26 | 1.77 | 1.77 |
| Debt / equity | -0.06 | -0.04 | -0.04 | 0.11 | 0.63 | 0.88 | 4.39 | 25.4 | 6.09 | 1.48 | 1.48 |
| Debt / assets | 0 | 0.01 | 0.03 | 0.08 | 0.31 | 0.37 | 0.63 | 0.72 | 0.64 | 0.5 | 0.5 |
| Net debt / EBITDA | 3.89 | 4.59 | 2.87 | 0.55 | 0.77 | 0.73 | -0.41 | -0.97 | -1.77 | 0.45 | 0.45 |
| Interest coverage | -32.1 | -1.07 | -8.4 | -345.8 | -107 | -48.7 | -15.8 | -8.71 | -5.13 | -21.9 | -21.9 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.01 | 0 | 0 | 0.02 | 0.01 | 0.02 | 3.18 | 3.15 | 13 | 6.45 | 6.45 |
| EPS (basic) | -0.52 | -0.57 | -1.67 | -12.7 | -3.14 | -3.07 | -13.4 | -13.1 | -5.36 | -14 | -14 |
| EPS (diluted) | -0.52 | -0.57 | -1.67 | -12.7 | -3.14 | -3.07 | -13.4 | -13.1 | -5.36 | -14 | -14 |
| Book value per share | -0.01 | -0.09 | -0.67 | 1.05 | 0.54 | 0.67 | 6.2 | 1 | 3.63 | 15 | 15 |
| FCF per share | -0.03 | -0.09 | -0.19 | -0.64 | -0.55 | -0.56 | -13.5 | -11.1 | -1.8 | -13.5 | -13.5 |
| Cash per share | 0.3 | 0.26 | 0.64 | 1.03 | 0.65 | 0.92 | 22.4 | 15.2 | 16.4 | 27.7 | 27.7 |
| Capex per share | 0 | 0.01 | 0.03 | 0.09 | 0.16 | 0.23 | 3.05 | — | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 42.8% | 324.3% | 707.6% | 533.7% | 2K% | 1.6K% | 95.8% | — | — | — | — |
| Capex / operating cash flow | -7.79% | -34.1% | -18% | -14.2% | -43.5% | -71.5% | -28.5% | — | — | — | — |
| Payout ratio | — | — | — | — | — | — | 0% | 0% | 0% | 0% | 0% |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -107.8M | -120.1M | -346.9M | -1.5B | -675.4M | -832.2M | -887.2M | -932.9M | -395.3M | -1.2B |
| Depreciation & amortization | — | — | — | — | — | — | 62.9M | 93.2M | 93.2M | 86.5M |
| Stock-based compensation | 65M | 0 | 27.6M | 70.8M | 74M | 47M | 22.1M | 31.5M | 20.9M | 20.9M |
| Change in working capital | -2.5M | 1.8M | 4.5M | -16.4M | -1.8M | 142M | 43.8M | -49.9M | 46.9M | -171M |
| Operating cash flow | -42.1M | -60.2M | -267.3M | -545.6M | -575.1M | -608.7M | -705.7M | -726.1M | -111.4M | -1.2B |
| Capital expenditure | -3.3M | -20.5M | -48.2M | -77.5M | -249.9M | -435.1M | -200.9M | — | — | — |
| Investing cash flow | 2.8M | -20.5M | 294.1M | -197.4M | 33.7M | -465.3M | -350.9M | 78.8M | -337.7M | -972.5M |
| Dividends paid | — | — | — | — | — | — | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | 0 | -25.9M | -26.8M | -5.9M | 0 | -9M |
| Financing cash flow | 436.1M | 60.9M | 905M | 454.3M | 1.1B | 1.8B | 669.1M | 461.1M | 375.3M | 2.6B |
| Net change in cash | 396.9M | -19.8M | 931.9M | -288.7M | 523.5M | 749.4M | -387.6M | -186.2M | -73.8M | 444.8M |
| Free cash flow | -49.3M | -128.5M | -287.1M | -541.7M | -861.4M | -1B | -890.9M | -782.9M | -135.6M | -1.2B |