Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
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 % |
|---|---|---|---|---|---|---|
| Q1 27 | $0.4 | $0.45 | +12.5% | — | $1.3B | — |
| Q4 26 | $0.15 | $0.27 | +80.0% | — | $1.5B | — |
| Q3 26 | $0.41 | $0.43 | +4.9% | — | $1.2B | — |
| Q1 26 | $0.35 | $0.35 | 0.0% | — | $1.1B | — |
| Q4 25 | $0.52 | $0.55 | +5.8% | — | $1.2B | — |
| Q3 25 | $0.34 | $0.39 | +14.7% | — | $983M | — |
| Q2 25 | $0.26 | $0.3 | +15.4% | — | $844M | — |
| Q1 25 | $0.35 | $0.4 | +14.3% | — | $939M | — |
| Q4 24 | $0.31 | $0.36 | +16.1% | — | $928M | — |
| Q3 24 | $0.25 | $0.29 | +16.0% | — | $824M | — |
| Q2 24 | $0.26 | $0.36 | +38.5% | — | $806M | — |
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 % |
|---|---|---|---|---|---|---|
| FY26 | — | $0.85 | — | — | $4.9B | — |
| FY25 | — | $0.62 | — | — | $4B | — |
| FY24 | — | $0.3 | — | — | $3.2B | — |
| FY23 | — | $0.51 | — | — | $2.7B |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY12 | FY13 | FY14 | FY15 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $2B | $2.7B | $2.7B | $3.2B | $4B | $4.9B |
| YoY change | — | — | — | — | — | +33.3% | -0.89% | +20.7% | +23.9% | +22.8% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY12 | FY13 | FY14 | FY15 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | 2B | 2.7B | 2.7B | 3.2B | 4B | 4.9B |
| Cost of revenue | — | — | — | — | 145M | 131M | 106M | 154M | 121M | 121M |
| Gross profit | — | — | — | — | 1.9B | 2.6B | 2.6B | 3.1B | 3.9B | 4.8B |
| Gross margin | — | — | — | — | 92.8% | 95.2% | 96% | 95.2% | 97% | 97.5% |
| Research & development | — | — | — | — | 814M | 995M | 1.1B | 2B | 2.1B | 2.8B |
| Selling, general & administrative | — | — | — | — | 826M | 897M | 762M | 983M | 984M | 1.1B |
| Operating expenses | — | — | — | — | 1.6B | 1.9B | 1.9B | 3B | 3.1B | 3.9B |
| Operating income | — | — | — | — | 242M | 680M | 678M | 117M | 831M | 908M |
| Operating margin | — | — | — | — | 11.9% | 25.2% | 25.3% | 3.62% | 20.7% | 18.5% |
| Non-operating income, net | — | — | — | — | 453M | 104M | -49M | -15M | -227M | 138M |
| Pretax income | — | — | — | — | 697M | 786M | 671M | 212M | 720M | 1.2B |
| Income tax | — | — | — | — | 153M | 110M | 147M | -94M | -72M | 253M |
| Net income | — | — | — | — | 388M | 549M | 524M | 306M | 792M | 904M |
| Net margin | — | — | — | — | 19.1% | 20.3% | 19.6% | 9.46% | 19.8% | 18.4% |
| EBITDA | — | — | — | — | -30M | 771M | 900M | 305M | 1.3B | 1.2B |
| EPS | 0.19 | 0.12 | 0.28 | 0.36 | 0.38 | 0.54 | 0.51 | 0.3 | 0.62 | 0.85 |
| Diluted EPS | 0.19 | 0.12 | 0.28 | 0.35 | 0.38 | 0.54 | 0.51 | 0.29 | 0.61 | 0.85 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 806M | 824M | 928M | 939M | 844M | 983M | 1.2B | 1.1B | 1.1B | 1.2B | 1.5B | 1.3B |
| Cost of revenue | 46M | 36M | 41M | 33M | 32M | 28M | 28M | 30M | 29M | 30M | 32M | 36M |
| Gross profit | 760M | 788M | 887M | 906M | 812M | 955M | 1.2B | 1B | 1.1B | 1.2B | 1.5B | 1.3B |
| Gross margin | 94.3% | 95.6% | 95.6% | 96.5% | 96.2% | 97.2% | 97.7% | 97.2% | 97.4% | 97.6% | 97.9% | 97.2% |
| Research & development | 626M | 432M | 584M | 485M | 507M | 533M | 546M | 650M | 691M | 737M | 698M | 838M |
| Selling, general & administrative | 290M | 216M | 281M | 239M | 241M | 247M | 257M | 259M | 252M | 284M | 320M | 317M |
| Operating expenses | 916M | 648M | 865M | 724M | 748M | 780M | 803M | 909M | 943M | 1B | 1B | 1.2B |
| Operating income | -156M | 140M | 22M | 182M | 64M | 175M | 410M | 114M | 163M | 191M | 440M | 98M |
| Operating margin | -19.4% | 17% | 2.37% | 19.4% | 7.58% | 17.8% | 33% | 10.8% | 14.4% | 15.4% | 29.5% | 7.6% |
| Non-operating income, net | 9M | -22M | 6M | 30M | -29M | 65M | -293M | 5M | 112M | 8M | 13M | 124M |
| Pretax income | -119M | 146M | 58M | 244M | 64M | 268M | 144M | 146M | 302M | 228M | 481M | 253M |
| Income tax | -9M | 59M | -166M | 21M | -43M | 16M | -66M | 16M | 64M | 5M | 168M | -17M |
| Net income | -110M | 87M | 224M | 223M | 107M | 252M | 210M | 130M | 238M | 223M | 313M | 270M |
| Net margin | -13.6% | 10.6% | 24.1% | 23.7% | 12.7% | 25.6% | 16.9% | 12.3% | 21% | 18% | 21% | 20.9% |
| EBITDA | -110M | 189M | 67M | 201M | 118M | 183M | 749M | 170M | 234M | 254M | 493M | 52M |
| EPS | -0.11 | 0.08 | 0.22 | 0.21 | 0.1 | 0.24 | 0.2 | 0.12 | 0.22 | 0.21 | 0.29 | 0.25 |
| Diluted EPS | -0.11 | 0.08 | 0.21 | 0.21 | 0.1 | 0.24 | 0.2 | 0.12 | 0.22 | 0.21 | 0.29 | 0.25 |
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 | FY12 | FY13 | FY14 | FY15 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | 128.4B | 112.1B | 160.5B | 302.6B |
| Enterprise value | — | — | — | — | — | — | — | 125.7B | 109.7B | 157.4B | 328B |
| Shares outstanding | 1.4B | 1.4B | 1.4B | 1.4B | 1B | 1B | 1B | 1B | 1.1B | 1.1B | 1.1B |
| Metric | FY12 | FY13 | FY14 | FY15 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 419.7 | 141.6 | 177.6 | 313.5 |
| P/S | — | — | — | — | — | — | — | 39.7 | 28 | 32.6 | 64.3 |
| P/B | — | — | — | — | — | — | — | 24.3 | 16.4 | 19.4 | 38.4 |
| EV/EBITDA | — | — | — | — | — | — | — | 412.2 | 87.7 | 136.7 | 308.4 |
| EV/Sales | — | — | — | — | — | — | — | 38.9 | 27.4 | 32 | 63.6 |
| Earnings yield | — | — | — | — | — | — | — | 0.24% | 0.71% | 0.56% | 0.32% |
| FCF yield | — | — | — | — | — | — | — | 0.74% | 0.14% | 0.59% | 0.44% |
| PEG | — | — | — | — | — | — | — | — | — | — | 2.89 |
| Metric | FY12 | FY13 | FY14 | FY15 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | 92.8% | 95.2% | 96% | 95.2% | 97% | 97.5% | 97.2% |
| Operating margin | — | — | — | — | 11.9% | 25.2% | 25.3% | 3.62% | 20.7% | 18.5% | 7.6% |
| Net margin | — | — | — | — | 19.1% | 20.3% | 19.6% | 9.46% | 19.8% | 18.4% | 20.2% |
| ROE | — | — | — | — | — | 15.5% | 12.9% | 5.78% | 11.6% | 10.9% | 13.4% |
| ROA | — | — | — | — | — | 8.43% | 7.63% | 3.86% | 8.87% | 8.45% | 5.42% |
| ROIC | — | — | — | — | — | 26.9% | 25.7% | 4.5% | 19% | 13.8% | 14.2% |
| Return on tangible assets | — | — | — | — | — | 19.4% | 15.6% | 7% | 14.7% | 12.9% | 13.9% |
| Metric | FY12 | FY13 | FY14 | FY15 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | — | 2.22 | 2.6 | 2.79 | 5.2 | 6 | 5.25 |
| Quick ratio | — | — | — | — | — | 2.22 | 2.6 | 2.79 | 5.2 | 6 | 5.25 |
| Debt / equity | — | — | — | — | — | 0.07 | 0.05 | 0.04 | 0.05 | 0.06 | 0.06 |
| Debt / assets | — | — | — | — | — | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 |
| Net debt / EBITDA | — | — | — | — | — | -1.78 | -2.22 | -8.84 | -1.97 | -2.73 | -3.31 |
| Effective tax rate | — | — | — | — | 22% | 14% | 21.9% | 0% | 0% | 21.9% | 17.4% |
| Metric | FY12 | FY13 | FY14 | FY15 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | — | — | 1.98 | 2.63 | 2.61 | 3.15 | 3.82 | 4.64 | 4.85 |
| EPS (basic) | 0.19 | 0.12 | 0.28 | 0.36 | 0.38 | 0.54 | 0.51 | 0.3 | 0.62 | 0.85 | 0.85 |
| EPS (diluted) | 0.19 | 0.12 | 0.28 | 0.35 | 0.38 | 0.54 | 0.51 | 0.29 | 0.61 | 0.85 | 0.99 |
| Book value per share | — | — | — | — | — | 3.46 | 3.95 | 5.15 | 6.51 | 7.81 | 8.08 |
| FCF per share | — | — | — | — | 1.04 | 0.37 | 0.63 | 0.92 | 0.15 | 0.89 | 1.37 |
| Cash per share | — | — | — | — | — | 1.59 | 2.16 | 2.84 | 2.69 | 3.39 | 3.64 |
| Capex per share | — | — | — | — | 0.1 | 0.03 | 0.06 | 0.09 | 0.21 | — | — |
| Metric | FY12 | FY13 | FY14 | FY15 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | 5.13% | 1.26% | 2.39% | 2.85% | 5.47% | — | — |
| Capex / operating cash flow | — | — | — | — | 6.33% | 9.5% | 8.02% | 6.33% | 47.8% | — | — |
| Payout ratio | — | — | — | — | 193.3% | 0% | 0% | — | — | — | 0% |
| — |
| FY22 | — | $0.54 | — | — | $2.7B | — |
| FY21 | — | $0.38 | — | — | $2B | — |
| FY15 | — | $0.36 | — | — | — | — |
| FY14 | — | $0.28 | — | — | — | — |
| FY13 | — | $0.12 | — | — | — | — |
| FY12 | — | $0.19 | — | — | — | — |
| Period | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $806M | $824M | $928M | $939M | $844M | $983M | $1.2B | $1.1B | $1.1B | $1.2B | $1.5B | $1.3B |
| YoY change | +27.9% | +13.8% | +46.6% | +39.1% | +4.71% | +19.3% | +33.7% | +12.1% | +34.5% | +26.3% | +20.1% | +22.4% |
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 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash & short-term investments | 1.6B | 2.2B | 2.9B | 2.8B | 3.6B |
| Receivables | 1.1B | 999M | 781M | 1.1B | 1.3B |
| Inventory | — | — | — | — | — |
| Total current assets | 3.1B | 3.5B | 4.2B | 4.8B | 6.2B |
| Property, plant & equipment | 342M | 316M | 420M | 714M | 1.2B |
| Goodwill & intangibles | 3.7B | 3.5B | 3.6B | 3.5B | 3.7B |
| Total assets | 6.5B | 6.9B | 7.9B | 8.9B | 10.7B |
| Accounts payable | 57M | 82M | 26M | 63M | 80M |
| Short-term debt | 31M | 28M | 32M | 40M | 64M |
| Total current liabilities | 1.4B | 1.4B | 1.5B | 929M | 1B |
| Long-term debt | 230M | 193M | 194M | 316M | 393M |
| Total liabilities | 3B | 2.8B | 2.6B | 2.1B | 2.4B |
| Shareholders' equity | 3.5B | 4.1B | 5.3B | 6.8B | 8.3B |
| Total debt | 261M | 221M | 226M | 356M | 457M |
| Net debt | -743M | -1.3B | -1.7B | -1.7B | -2.3B |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.2B | 2.4B | 2.9B | 2.5B | 2.4B | 2.7B | 2.8B | 2.9B | 3.3B | 3.5B | 3.6B | 3.9B |
| Receivables | 864M | 799M | 781M | 804M | 1B | 940M | 1.1B | 1.3B | 1.1B | 984M | 1.3B | 1.1B |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 3.4B | 3.6B | 4.2B | 3.8B | 4.1B | 4.3B | 4.8B | 5.2B | 5.4B | 5.7B | 6.2B | 6.3B |
| Property, plant & equipment | 410M | 425M | 420M | 464M | 523M | 599M | 714M | 873M | 1B | 1.2B | 1.2B | 1.4B |
| Goodwill & intangibles | 3.5B | 3.6B | 3.6B | 3.6B | 3.6B | 3.6B | 3.5B | 3.8B | 3.7B | 3.7B | 3.7B | 3.7B |
| Total assets | 6.8B | 7.1B | 7.9B | 7.9B | 8.1B | 8.5B | 8.9B | 9.4B | 9.7B | 10.2B | 10.7B | 11.2B |
| Accounts payable | — | 31M | 26M | — | 34M | 70M | 63M | 71M | 67M | 78M | 80M | — |
| Short-term debt | 24M | 31M | 32M | 28M | 34M | 40M | 40M | 57M | 37M | 64M | 64M | 41M |
| Total current liabilities | 795M | 866M | 1.5B | 1.1B | 899M | 874M | 929M | 1B | 960M | 1.1B | 1B | 1.2B |
| Long-term debt | 190M | 195M | 194M | 221M | 229M | 231M | 316M | 339M | 373M | 397M | 393M | 423M |
| Total liabilities | 2B | 2.1B | 2.6B | 2.2B | 2.1B | 2.1B | 2.1B | 2.4B | 2.3B | 2.4B | 2.4B | 2.6B |
| Shareholders' equity | 4.8B | 5B | 5.3B | 5.7B | 6B | 6.4B | 6.8B | 7B | 7.4B | 7.8B | 8.3B | 8.6B |
| Total debt | 214M | 226M | 226M | 249M | 263M | 271M | 356M | 396M | 410M | 461M | 457M | 464M |
| Net debt | -1.2B | -1.3B | -1.7B | -1.2B | -1.2B | -1.8B | -1.7B | -1.6B | -2.1B | -2.3B | -2.3B | -2.6B |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Net income | 388M | 549M | 524M | 306M | 792M | 904M |
| Depreciation & amortization | 201M | 185M | 170M | 162M | 183M | 249M |
| Stock-based compensation | 54M | 26M | 79M | 1B | 820M | 1.1B |
| Change in working capital | 969M | -386M | 31M | 188M | -1.2B | -498M |
| Operating cash flow | 1.6B | 358M | 798M | 1.5B | 458M | 1.5B |
| Capital expenditure | -104M | -34M | -64M | -92M | -219M | — |
| Investing cash flow | -279M | -578M | -109M | -465M | -15M | 250M |
| Dividends paid | -750M | 0 | 0 | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -789M | -32M | -42M | -208M | -202M | -622M |
| Net change in cash | 574M | -252M | 647M | 780M | 241M | 1.2B |
| Free cash flow | 1.1B | 383M | 646M | 947M | 158M | 949M |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -110M | 87M | 224M | 223M | 107M | 252M | 210M | 130M | 238M | 223M | 313M | 270M |
| Depreciation & amortization | 41M | 42M | 38M | 43M | 44M | 47M | 49M | 60M | 55M | 63M | 71M | 75M |
| Stock-based compensation | 513M | 199M | 185M | 182M | 218M | 227M | 193M | 241M | 265M | 285M | 261M | 343M |
| Change in working capital | -165M | -65M | 386M | -527M | -262M | -16M | -362M | -89M | 174M | -83M | -500M | 398M |
| Operating cash flow | 281M | 264M | 595M | -67M | 114M | 515M | -104M | 336M | 567M | 365M | 260M | 902M |
| Capital expenditure | -34M | -21M | -11M | -29M | -53M | -63M | -74M | -154M | — | — | — | — |
| Investing cash flow | -33M | -93M | -163M | -65M | 82M | 151M | -184M | -365M | 336M | 236M | -111M | -59M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -24M | -48M | -121M | -96M | -53M | -26M | -27M | -123M | -225M | -130M | -144M | -326M |
| Net change in cash | 224M | 123M | 311M | -228M | 143M | 640M | -315M | -152M | 678M | 471M | 5M | 517M |
| Free cash flow | 180M | 259M | 648M | -328M | -54M | 360M | 180M | 171M | 427M | 181M | 170M | 694M |