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 | — | — | — | — | $586.3M | — |
| FY24 | — | — | — | — | $489.7M | — |
| FY23 | — | — | — | — | $91.4M | — |
| FY22 | — | — | — | — | $83M | — |
| FY21 | — | — | — | — | $36.8M | — |
| FY20 | — | — | — | — | $66.6M | — |
| FY19 | — | — | — | — | $31.9M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $31.9M | $66.6M | $36.8M | $83M | $91.4M | $489.7M | $586.3M |
| YoY change | — | +108.7% | -44.8% | +125.8% | +10.1% | +435.6% | +19.7% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 31.9M | 66.6M | 36.8M | 83M | 91.4M | 489.7M | 586.3M |
| Cost of revenue | — | 0 | 0 | 64.1M | 160.9M | 185.3M | 235.6M |
| Gross profit | — | 66.6M | 36.8M | 18.9M | -69.4M | 304.4M | 350.8M |
| Gross margin | — | 100% | 100% | 22.8% | -75.9% | 62.2% | 59.8% |
| Research & development | 95.6M | 148.1M | 191M | 180.6M | 210.8M | 171.3M | 184.2M |
| Selling, general & administrative | 48.6M | 58.9M | 84.1M | 186.7M | 76.6M | 61.5M | 84.9M |
| Operating expenses | 93.4M | 204.2M | 272.2M | 365.4M | 285.4M | 230.5M | 266.5M |
| Operating income | -61.4M | -137.5M | -235.5M | -346.4M | -354.9M | 69.6M | 78.2M |
| Operating margin | -192.5% | -206.5% | -640.3% | -417.3% | -388.1% | 14.2% | 13.3% |
| Non-operating income, net | -51.1M | -53.7M | 200.8M | -114.7M | -166.2M | -134.2M | 201.5M |
| Pretax income | -209.4M | -291.8M | -149.2M | -551.6M | -651M | -217.6M | 136.3M |
| Income tax | 491K | -121.7M | -47.7M | -38.1M | -99.3M | 14.3M | 108.4M |
| Net income | -209.9M | -170M | -101.5M | -513.6M | -551.7M | -231.9M | 27.9M |
| Net margin | -657.5% | -255.3% | -276% | -618.6% | -603.4% | -47.3% | 4.76% |
| EBITDA | -48.1M | -125.7M | -221.2M | -341.7M | -334.6M | 101.9M | 109.6M |
| EPS | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.8M | 53.4M | 36.9M | 198.7M | 102.9M | 151.2M | 132.8M | 173.2M | 113.7M | 166.6M | 105.9M | 105.8M |
| Cost of revenue | 36.5M | 56.4M | 20M | 45.2M | 39.8M | 80.3M | 65.4M | 73.8M | 35M | 61.3M | 46.1M | 52.2M |
| Gross profit | -18.7M | -3M | 16.9M | 153.5M | 63.1M | 70.9M | 67.3M | 99.4M | 78.7M | 105.3M | 59.8M | 53.6M |
| Gross margin | -105.3% | -5.67% | 45.8% | 77.3% | 61.3% | 46.9% | 50.7% | 57.4% | 69.2% | 63.2% | 56.5% | 50.7% |
| Research & development | 53.2M | 58M | 49.9M | 47.6M | 33.6M | 40.3M | 38.2M | 54.7M | 51.6M | 39.7M | 24.5M | 21.9M |
| Selling, general & administrative | 16.6M | 18M | 15.5M | 14.1M | 16.9M | 15M | 18.6M | 26.7M | 25.9M | 13.6M | 25.7M | 43.6M |
| Operating expenses | 69.9M | 74.1M | 65.3M | 61.7M | 50.3M | 53.1M | 56.7M | 81.4M | 77.4M | 51M | 50.1M | 65.3M |
| Operating income | -88.6M | -77.2M | -48.4M | 91.9M | 12.7M | 13.5M | 10.6M | 18.1M | 1.3M | 48.3M | 9.7M | -11.7M |
| Operating margin | -498.1% | -144.5% | -131.4% | 46.2% | 12.4% | 8.91% | 7.97% | 10.4% | 1.15% | 29% | 9.14% | -11.1% |
| Non-operating income, net | -110.9M | -163.1M | 6.5M | -53.1M | -24.2M | -63.5M | -7.9M | 153M | -140.6M | 197M | -1.3M | 17.7M |
| Pretax income | -205.5M | -308.8M | -225.2M | 76.8M | -24.8M | -44.4M | 93.4M | 9.3M | -6.1M | 39.7M | 986K | -66.8M |
| Income tax | -17.2M | -32.2M | -6.4M | 11.6M | -13.4M | 22.5M | -16.3M | -22.7M | -835K | 148.3M | -44K | 59K |
| Net income | -188.3M | -276.6M | -218.7M | 65.2M | -11.4M | -67M | 109.7M | 32M | -5.3M | -108.5M | 1M | -66.8M |
| Net margin | -1.1K% | -518% | -593.5% | 32.8% | -11.1% | -44.3% | 82.6% | 18.5% | -4.62% | -65.2% | 0.97% | -63.2% |
| EBITDA | -39.5M | -116.8M | -40.4M | 36.5M | 162.4M | -56.5M | 145.1M | -101.2M | 184.1M | -118.5M | 53.4M | -40.1M |
| EPS | — | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — | — | — | — | — | — |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 0 |
| Enterprise value | — | — | — | — | — | — | — | — | 1.3B |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/S | — | — | — | — | — | — | — | — | 0 |
| EV/EBITDA | — | — | — | — | — | — | — | — | 11.6 |
| EV/Sales | — | — | — | — | — | — | — | — | 2.18 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 100% | 100% | 22.8% | -75.9% | 62.2% | 59.8% | 50.7% |
| Operating margin | — | -192.5% | -206.5% | -640.3% | -417.3% | -388.1% | 14.2% | 13.3% | -11.1% |
| Net margin | — | -657.5% | -255.3% | -276% | -618.6% | -603.4% | -47.3% | 4.76% | -36.3% |
| ROE | — | -12.3% | 19.6% | 74.8% | 91% | 59.2% | 56.2% | -9.81% | -9.81% |
| ROA | — | -2.1% | -35.8% | -17% | -62% | -58.1% | -19% | 1.88% | 2.19% |
| ROIC | — | -1.3% | 61.9% | -63.7% | -198.8% | -269.2% | 9.59% | 1.61% | 4.25% |
| Return on tangible assets | — | -7.77% | -39.1% | -19.1% | -68.1% | -62.1% | -20% | 2.15% | -14.1% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.78 | 1.69 | 1.07 | 1.38 | 0.75 | 2.35 | 1.89 | 1.65 |
| Quick ratio | — | 0.89 | 1.5 | 0.72 | 0.95 | 0.46 | 1.69 | 1.16 | 0.96 |
| Debt / equity | — | 1.87 | -0.78 | -3.86 | -1.43 | -1.15 | -2.88 | -5.09 | -0.08 |
| Debt / assets | — | 0.32 | 1.43 | 0.87 | 0.97 | 1.13 | 0.97 | 0.97 | 0.91 |
| Net debt / EBITDA | — | -62.7 | -5.13 | -2.28 | -2.16 | -3.18 | 11.2 | 11.6 | 16.6 |
| Interest coverage | — | -1.19 | -1.99 | -0.32 | -6.12 | -3.89 | -0.41 | 2 | 0.77 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 0% | 79.5% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | — | — | — | — | — | — | 1.68 |
| Book value per share | — | — | — | — | — | — | — | — | -0.54 |
| FCF per share | — | — | — | — | — | — | — | — | -0.35 |
| Cash per share | — | — | — | — | — | — | — | — | 0.4 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 22% | 11.1% | 55.6% | 45.2% | 36.2% | 11% | — | — |
| Capex / operating cash flow | — | -8.82% | -10.8% | -13% | -9.91% | -6.84% | -33.3% | — | — |
| Dividend yield | — | — | — | — | — | — | — | — | 368.5% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Oct 14, 2022 | $0.35 |
| Jul 15, 2022 | $0.35 |
| Mar 3, 2022 | $0.35 |
| Jan 6, 2022 | $0.35 |
| Oct 21, 2021 | $0.26 |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $17.8M | $53.4M | $36.9M | $198.7M | $102.9M | $151.2M | $132.8M | $173.2M | $113.7M | $166.6M | $105.9M | $105.8M |
| YoY change | -6.63% | +123.8% | +132.3% | +4.4K% | +478.4% | +183.2% | +260.3% | -12.8% | +10.6% | +10.2% | -20.3% | -38.9% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 78M | 172M | 31.7M | 17.6M | 66.4M | 11.2M | 51.4M | 172.4M |
| Receivables | 794M | 770M | 583K | 29.4M | 33M | 41.3M | 160.2M | 69.7M |
| Inventory | 1.1B | 1B | 9.6M | 39.1M | 71.5M | 74.4M | 127.9M | 220.1M |
| Total current assets | 2B | 2.1B | 86.2M | 119.8M | 230.7M | 194.8M | 455M | 574M |
| Property, plant & equipment | 6.5B | 2.9B | 177M | 205.3M | 268.1M | 356.6M | 409.7M | 494.7M |
| Goodwill & intangibles | 7.5B | 7.3B | 39.5M | 67.8M | 74.6M | 62.3M | 63.9M | 189.3M |
| Total assets | 9.8B | 10B | 474.4M | 598M | 828.4M | 950.1M | 1.2B | 1.5B |
| Accounts payable | 851M | 815M | 12M | 28.6M | 49.2M | 80.6M | 67.1M | 126.1M |
| Short-term debt | — | 66M | 8M | 10.1M | 25.1M | 47.7M | 42.2M | 49M |
| Total current liabilities | 1.1B | 1.2B | 51M | 111.8M | 167.3M | 260.9M | 193.4M | 304.1M |
| Long-term debt | 3.4B | 3.1B | 668.9M | 513M | 780M | 1B | 1.1B | 1.4B |
| Total liabilities | 4.7B | 4.5B | 1.3B | 733.6M | 1.4B | 1.9B | 1.6B | 1.8B |
| Shareholders' equity | 1.4B | 1.7B | -867.2M | -135.6M | -564.4M | -932.5M | -412.8M | -284.5M |
| Total debt | 3.4B | 3.2B | 676.8M | 523.1M | 805.1M | 1.1B | 1.2B | 1.4B |
| Net debt | 3.3B | 3B | 645.2M | 505.5M | 738.7M | 1.1B | 1.1B | 1.3B |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 68.3M | 11.2M | 64.8M | 10.9M | 118.3M | 51.4M | 38.5M | 151.5M | 42.8M | 172.4M | 63.8M | 142.8M |
| Receivables | 21.9M | 41.3M | 41.3M | 93.5M | 77.4M | 160.2M | 168.3M | 108.1M | 58.3M | 69.7M | 47.8M | 46.6M |
| Inventory | 82M | 74.4M | 92.2M | 96.6M | 125M | 127.9M | 142.1M | 155.5M | 207.7M | 220.1M | 228M | 226.6M |
| Total current assets | 228.4M | 194.8M | 292.3M | 285.2M | 432.6M | 455M | 458.9M | 509.5M | 432M | 574M | 456M | 545M |
| Property, plant & equipment | 343.5M | 356.6M | 362.8M | 377.6M | 408.9M | 409.7M | 422.9M | 441.1M | 494.2M | 494.7M | 495.2M | 515.3M |
| Goodwill & intangibles | 63.7M | 62.3M | 62.3M | 63.2M | 65.5M | 63.9M | 65.2M | 135M | 149.3M | 189.3M | 264.2M | 309.9M |
| Total assets | 958.8M | 950.1M | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 1.4B | 1.4B | 1.5B | 1.4B | 1.6B |
| Accounts payable | 52.7M | 80.6M | 50.2M | 58.6M | 57.7M | 67.1M | 67.9M | 84.3M | 91.6M | 126.1M | 97.9M | 133.2M |
| Short-term debt | 22.2M | 47.7M | 48.7M | 1B | 33.8M | 42.2M | 43.8M | 59.6M | 56M | 49M | 55.6M | 53.8M |
| Total current liabilities | 186.8M | 260.9M | 246.8M | 1.2B | 160.5M | 193.4M | 265.8M | 279.7M | 304.1M | 304.1M | 259.8M | 331.2M |
| Long-term debt | 992.9M | 1B | 1.1B | 178.8M | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 1.4B | 1.4B | 1.4B |
| Total liabilities | 1.6B | 1.9B | 1.7B | 1.7B | 1.6B | 1.6B | 1.5B | 1.6B | 1.6B | 1.8B | 1.7B | 1.8B |
| Shareholders' equity | -660.9M | -932.5M | -658.8M | -605.9M | -343.7M | -412.8M | -302.3M | -173.3M | -176.8M | -284.5M | -282.3M | -191.5M |
| Total debt | 1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B | 1.4B | 1.5B | 1.5B |
| Net debt | 946.7M | 1.1B | 1B | 1.2B | 1.1B | 1.1B | 1.2B | 1.1B | 1.2B | 1.3B | 1.4B | 1.3B |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -209.9M | -170M | -101.5M | -513.6M | -551.7M | -231.9M | 27.9M |
| Depreciation & amortization | 14.6M | 16.4M | 18.2M | 20.4M | 24.2M | 31.3M | 37.9M |
| Stock-based compensation | — | 0 | 0 | 10.3M | 18M | 7.6M | 7.4M |
| Change in working capital | -13.8M | 32.5M | -6.8M | -64.3M | -5.4M | -274.9M | -163M |
| Operating cash flow | -79.7M | -68.8M | -157.1M | -378.5M | -484.2M | -161.2M | -50.2M |
| Capital expenditure | -7M | -7.4M | -20.5M | -37.5M | -33.1M | -53.7M | — |
| Investing cash flow | -12M | -17.4M | -20.5M | -52.4M | -33.1M | -15.5M | -8.1M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 116.4M | 55.4M | 254.8M | 374.9M | 294.9M | 282.9M | 270.8M |
| Net change in cash | 24.6M | -30.8M | 77.3M | -56M | -222.3M | 106.2M | 212.5M |
| Free cash flow | -96.6M | -86.3M | -268.8M | -361.4M | -358.7M | -293.8M | -146.3M |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | — | — | — | — | — | — | — | — | -5.3M | -108.5M | 1M | -66.8M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | 10.3M | 10.4M | 10.3M | 10.3M |
| Stock-based compensation | — | — | — | — | — | — | — | — | 2.7M | 1.2M | 2.3M | 2.9M |
| Change in working capital | — | — | — | — | — | — | — | — | -66.5M | -100.1M | -16.3M | -36.9M |
| Operating cash flow | -17.2M | -32.2M | -6.4M | 11.6M | -13.4M | 22.5M | -16.3M | -22.7M | -55.6M | -62.9M | -60.4M | -19.8M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | -11.1M | 0 | 0 | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | -13.2M | 206.8M | -967K | -21.2M |
| Net change in cash | -17.2M | -32.2M | -6.4M | 11.6M | -13.4M | 22.5M | -16.3M | -22.7M | -79.9M | 143.9M | -61.4M | -41M |
| Free cash flow | — | — | — | — | — | — | — | — | -84M | -78.7M | -106.6M | -64.6M |