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 % |
|---|---|---|---|---|---|---|
| Q2 26 | $0.77 | $0.9 | +16.9% | — | $339.3M | — |
| Q1 26 | -$0.08 | $0.27 | +437.5% | — | $246.6M | — |
| Q4 25 | -$0.24 | -$0.55 | -129.2% | — | $247.5M | — |
| Q3 25 | -$0.12 | -$1 | -733.3% | — | $213.6M | — |
| Q2 25 | -$1.26 | -$0.64 | +49.2% | — | $158M | — |
| Q1 25 | -$1.51 | -$1.58 | -4.6% | — | $101M | — |
| Q4 24 | -$1.17 | -$0.64 | +45.3% | — | $206.9M | — |
| Q3 24 | -$1.46 | -$1.72 | -17.8% | — | $67.2M | — |
| Q2 24 | -$1.34 | -$1.91 | -42.5% | — | $36M | — |
| Q1 24 | -$1.42 | -$2.3 | -62.0% | — | $95.9M | — |
| Q4 23 | -$1.76 | -$1.54 | +12.5% | — | $137.7M | — |
| Q3 23 | -$2.38 | -$2.88 | -21.0% | — | $48M | — |
| Q2 23 | -$2.59 | -$2.16 | +16.6% | — | $47.4M | — |
| Q1 23 | -$2.66 | -$1.98 | +25.6% | — | $33.6M | — |
| Q4 22 | -$2.56 | -$3.7 | -44.5% | — | $22.9M | — |
| Q3 22 | -$2.49 | -$3.03 | -21.7% | — | $15.3M | — |
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 | — | -$3.76 | — | — | $720.1M | — |
| FY24 | — | -$6.53 | — | — | $432.6M | — |
| FY23 | — | -$8.55 | — | — | $266.7M | — |
| FY22 | — | -$10.4 | — | — | $51.2M |
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 | $4.6M | $1.5M | $10.6M | $13.4M | $7M | $7.8M | $51.2M | $266.7M | $432.6M | $720.1M |
| YoY change | -43.3% | -66.8% | +591.6% | +26.4% | -48% | +11.9% | +557.9% | +421.2% | +62.2% | +66.5% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.6M | 1.5M | 10.6M | 13.4M | 7M | 7.8M | 51.2M | 266.7M | 432.6M | 720.1M |
| Cost of revenue | — | — | — | 0 | 0 | 3.5M | 12.1M | 44.4M | 52.6M | 94.9M |
| Gross profit | — | — | — | 13.4M | 7M | 4.3M | 39M | 222.3M | 379.9M | 625.2M |
| Gross margin | — | — | — | 100% | 100% | 54.7% | 76.3% | 83.4% | 87.8% | 86.8% |
| Research & development | 66M | 99.6M | 140.3M | 191.6M | 260.9M | 295.9M | 379.6M | 413.5M | 365.2M | 303.6M |
| Selling, general & administrative | 11.5M | 13.5M | 25.1M | 48.5M | 76.7M | 160.2M | 221.2M | 264.4M | 338.5M | 448M |
| Operating expenses | 77.5M | 113.1M | 165.3M | 240.1M | 337.6M | 456M | 600.9M | 677.9M | 703.7M | 751.7M |
| Operating income | -72.9M | -111.5M | -154.8M | -226.7M | -330.6M | -451.8M | -561.8M | -455.5M | -331.6M | -136.3M |
| Operating margin | -1.6K% | -7.3K% | -1.5K% | -1.7K% | -4.8K% | -5.8K% | -1.1K% | -170.8% | -76.7% | -18.9% |
| Non-operating income, net | 4.1M | -13.7M | 20.4M | -366K | -88.4M | 71.1M | 7.3M | 8.6M | -64.9M | -31.5M |
| Pretax income | -68.7M | -124.4M | -130.5M | -218.3M | -419.2M | -383.9M | -577.8M | -474.1M | -444M | -212.7M |
| Income tax | -227K | -477K | -394K | -234K | -219K | -367K | 5.4M | 7.3M | 5.8M | 15.4M |
| Net income | -68.5M | -123.9M | -130.1M | -218M | -419M | -383.6M | -583.2M | -481.4M | -449.8M | -228M |
| Net margin | -1.5K% | -8.1K% | -1.2K% | -1.6K% | -6K% | -4.9K% | -1.1K% | -180.5% | -104% | -31.7% |
| EBITDA | -72.1M | -109.9M | -150.2M | -218.1M | -328.9M | -423.7M | -554.1M | -438.2M | -303.9M | -66.5M |
| EPS | -2.58 | -3.68 | -3.17 | -4.69 | -8.28 | -7 | -10.4 | -8.55 | -6.53 | -3.76 |
| Diluted EPS | -2.58 | -3.68 | -3.17 | -4.69 | -8.28 | -7 | -10.4 | -8.55 | -6.53 | -3.76 |
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 | 48M | 137.7M | 95.9M | 36M | 67.2M | 206.9M | 101M | 158M | 213.6M | 247.5M | 246.6M | 339.3M |
| Cost of revenue | 7.4M | 19.5M | 7.6M | 11.5M | 13M | 16.7M | 17.5M | 31.4M | 22.4M | 23.6M | 17.5M | 27.7M |
| Gross profit | 40.6M | 118.2M | 88.3M | 24.5M | 54.2M | 190.2M | 83.4M | 126.6M | 191.3M | 223.9M | 229.1M | 311.6M |
| Gross margin | 84.6% | 85.9% | 92.1% | 68.2% | 80.6% | 91.9% | 82.6% | 80.1% | 89.5% | 90.5% | 92.9% | 91.8% |
| Research & development | 111.4M | 90.9M | 70.7M | 83.5M | 85.4M | 94.3M | 86.6M | 72M | 66.9M | 78.2M | 59M | 75.9M |
| Selling, general & administrative | 62.5M | 64M | 66.8M | 74.3M | 79.1M | 93.7M | 95.6M | 105.7M | 111.7M | 135M | 145.2M | 171.7M |
| Operating expenses | 174M | 154.9M | 137.5M | 157.8M | 164.5M | 188M | 182.3M | 177.7M | 178.6M | 213.1M | 204.3M | 89.5M |
| Operating income | -134.4M | -36.6M | -49.1M | -133.3M | -112.4M | 455.6K | -100.8M | -53M | 11M | 6.4M | 24.8M | 220.5M |
| Operating margin | -279.8% | -26.6% | -51.2% | -370.2% | -167.3% | 0.22% | -99.8% | -33.5% | 5.15% | 2.6% | 10.1% | 65% |
| Non-operating income, net | -6.8M | 24.1M | -5.8M | -5.3M | -5.1M | -46.5M | 23.1M | -4.1M | -52M | -37.5M | -10.3M | 10.7M |
| Pretax income | -161.6M | -81.1M | -128.5M | -109.2M | -114M | -44.5M | -93.6M | -35M | -57.4M | -26.7M | -48.2M | 230.1M |
| Income tax | 645K | 5.8M | 2.5M | 229K | 1.2M | 1.3M | 1.1M | 3.8M | 3.6M | 6.9M | -677.5M | 23.1M |
| Net income | -162.2M | -86.9M | -131M | -109.4M | -115.2M | -45.8M | -94.6M | -38.9M | -61M | -33.6M | 629.3M | 207M |
| Net margin | -337.7% | -63.1% | -136.6% | -303.9% | -171.5% | -22.1% | -93.7% | -24.6% | -28.5% | -13.6% | 255.2% | 61% |
| EBITDA | -132.3M | -67.7M | -46.9M | -89.5M | -79.5M | -45.1M | -40.8M | 2.3M | 10.8M | 37.4M | 23.3M | 242M |
| EPS | -2.88 | -1.54 | -2.3 | -1.91 | -1.72 | -0.64 | -1.58 | -0.64 | -1 | -0.55 | 10.2 | 3.22 |
| Diluted EPS | -2.88 | -1.54 | -2.3 | -1.91 | -1.72 | -0.64 | -1.58 | -0.82 | -1 | -0.55 | 9.75 | 2.83 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 8.1B | 7.1B | 6.6B | 6.8B | — | — | 15.1B |
| Enterprise value | — | — | — | — | 7.5B | 6.5B | 6.4B | 7B | — | — | 16.5B |
| Shares outstanding | 25.6M | 32.4M | 39.6M | 44.9M | 48.8M | 52.9M | 54.1M | 54M | 68.9M | 60.6M | 60.6M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 17.6 |
| P/S | — | — | — | — | 1.2K | 914.2 | 129.1 | 25.5 | — | — | 14.2 |
| P/B | — | — | — | — | 9.71 | 8.05 | 25.1 | -46.6 | — | — | 9.01 |
| EV/EBITDA | — | — | — | — | -22.9 | -15.4 | -11.5 | -16.1 | — | — | 54.9 |
| EV/Sales | — | — | — | — | 1.1K | 840 | 124.7 | 26.4 | — | — | 13.8 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 5.69% |
| FCF yield | — | — | — | — | -3.6% | -6.21% | -7.72% | -6.91% | — | — | 0.1% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.03 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | 100% | 100% | 54.7% | 76.3% | 83.4% | 87.8% | 86.8% | 91.8% |
| Operating margin | -1.6K% | -7.3K% | -1.5K% | -1.7K% | -4.8K% | -5.8K% | -1.1K% | -170.8% | -76.7% | -18.9% | 65% |
| Net margin | -1.5K% | -8.1K% | -1.2K% | -1.6K% | -6K% | -4.9K% | -1.1K% | -180.5% | -104% | -31.7% | 70.8% |
| ROE | -38.8% | -66.2% | -46.5% | -36.5% | -50% | -43.4% | -221.5% | 330.4% | 357.7% | 140.1% | 118.8% |
| ROA | -36% | -58.7% | -40.8% | -32.2% | -42.8% | -35.4% | -53.5% | -58.3% | -32.1% | -17.5% | 9.58% |
| ROIC | 2K% | 1.4K% | -7.1K% | -636.4% | -156% | -147.4% | -1.5K% | -459.5% | -145.7% | -146.6% | 24.5% |
| Return on tangible assets | -37.4% | -61.8% | -41.7% | -32.6% | -43.3% | -35.7% | -54% | -58.9% | -32.3% | -17.6% | 32.5% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 13.7 | 8.61 | 7.53 | 12.7 | 14 | 8.03 | 5.39 | 3.56 | 1.17 | 1.04 | 2.99 |
| Quick ratio | 13.7 | 8.61 | 7.53 | 12.7 | 14 | 7.28 | 4.63 | 2.5 | 0.84 | 0.76 | 2.32 |
| Debt / equity | — | — | 0 | 0.06 | 0.11 | 0.12 | 1.93 | -4.42 | -8.1 | -5.35 | 0.31 |
| Debt / assets | — | — | 0 | 0.05 | 0.09 | 0.1 | 0.47 | 0.78 | 0.73 | 0.67 | 0.2 |
| Net debt / EBITDA | — | — | 1.85 | 2.57 | 1.91 | 1.36 | 0.41 | -0.56 | -1.16 | -3.85 | -1.15 |
| Interest coverage | -13.7K | -1.3K | -1K | -177.7 | -217.5 | -97.2 | -17.8 | -9.76 | -4.7 | -1.64 | 1.8 |
| 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 | 0.18 | 0.05 | 0.27 | 0.3 | 0.14 | 0.15 | 0.95 | 4.94 | 6.28 | 11.9 | 16.9 |
| EPS (basic) | -2.58 | -3.68 | -3.17 | -4.69 | -8.28 | -7 | -10.4 | -8.55 | -6.53 | -3.76 | -3.76 |
| EPS (diluted) | -2.58 | -3.68 | -3.17 | -4.69 | -8.28 | -7 | -10.4 | -8.55 | -6.53 | -3.76 | 12.8 |
| Book value per share | 6.89 | 5.77 | 7.06 | 13.3 | 17.2 | 16.7 | 4.87 | -2.7 | -1.83 | -2.69 | 25 |
| FCF per share | -2.37 | -2.96 | -3.57 | -4.04 | -6 | -8.36 | -9.43 | -8.71 | -5.31 | 0.75 | 4.91 |
| Cash per share | 7.03 | 6.02 | 7.01 | 13.3 | 14.7 | 12.9 | 13.6 | 7.4 | 9.67 | 10.2 | 12.4 |
| Capex per share | 0.03 | 0.03 | 0.07 | 0.11 | 0.3 | 0.45 | 0.09 | 0.04 | 0.01 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 14.6% | 61.5% | 25% | 38.6% | 212.9% | 304.8% | 9.68% | 0.9% | 0.13% | — | — |
| Capex / operating cash flow | -1.07% | -1.03% | -1.91% | -2.51% | -5.22% | -5.44% | -0.9% | -0.5% | -0.13% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$7 | — | — | $7.8M | — |
| FY20 | — | -$8.28 | — | — | $7M | — |
| FY19 | — | -$4.69 | — | — | $13.4M | — |
| FY18 | — | -$3.17 | — | — | $10.6M | — |
| FY17 | — | -$3.68 | — | — | $1.5M | — |
| FY16 | — | -$2.58 | — | — | $4.6M | — |
| 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 | $48M | $137.7M | $95.9M | $36M | $67.2M | $206.9M | $101M | $158M | $213.6M | $247.5M | $246.6M | $339.3M |
| YoY change | +214.2% | +501.4% | +185.5% | -24% | +39.8% | +50.2% | +5.28% | +339% | +218% | +19.6% | +144.3% | +114.7% |
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 | 180.3M | 195.4M | 277.9M | 598.1M | 718.8M | 682.1M | 735.5M | 399.4M | 665.6M | 616M |
| Receivables | 287K | 188K | 6K | 804K | 387K | 2.2M | 11.9M | 35.9M | 197.8M | 141.3M |
| Inventory | — | — | — | — | 0 | 75.4M | 130.7M | 208.9M | 351.7M | 301.5M |
| Total current assets | 184M | 204.6M | 292.9M | 611.2M | 740.1M | 805.9M | 923.5M | 702.7M | 1.3B | 1.1B |
| Property, plant & equipment | 2.4M | 2.6M | 4.3M | 45.1M | 108.1M | 126M | 129.1M | 110.6M | 117.4M | 146.5M |
| Goodwill & intangibles | 7M | 10.5M | 7M | 7M | 11.4M | 10.5M | 9.7M | 8.8M | 9.6M | 7.4M |
| Total assets | 190.1M | 211M | 319M | 676.7M | 979.8M | 1.1B | 1.1B | 825.6M | 1.4B | 1.3B |
| Accounts payable | 13.1M | 17.4M | 19.7M | 27.8M | 21.9M | 59.4M | 101M | 94.6M | 114.7M | 90.7M |
| Short-term debt | — | — | — | 5.9M | 6.9M | 7M | 25.4M | 25.4M | 584.7M | 486.5M |
| Total current liabilities | 13.5M | 23.8M | 38.9M | 48M | 52.8M | 100.4M | 171.3M | 197.3M | 1.1B | 1.1B |
| Long-term debt | — | — | 0 | 30.7M | 85.1M | 98M | 483M | 618.9M | 434.3M | 385.3M |
| Total liabilities | 13.5M | 23.8M | 38.9M | 79.6M | 141.1M | 201.3M | 826.4M | 971.3M | 1.5B | 1.5B |
| Shareholders' equity | 176.6M | 187.2M | 280.1M | 597.1M | 838.7M | 883.6M | 263.3M | -145.7M | -125.7M | -162.8M |
| Total debt | — | — | 0 | 36.6M | 92M | 105M | 508.4M | 644.3M | 1B | 871.8M |
| Net debt | — | — | -277.9M | -561.5M | -492.5M | -341.3M | 63.6M | 252.1M | 353.4M | 255.7M |
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 | 455.4M | 399.4M | 320.2M | 258.7M | 726.5M | 665.6M | 517.9M | 494M | 539.1M | 616M | 572.8M | 812.3M |
| Receivables | 26.8M | 35.9M | 41.1M | 49.2M | 38.4M | 197.8M | 66.7M | 110.5M | 134.7M | 141.3M | 178.7M | 206.5M |
| Inventory | 189.1M | 208.9M | 232.7M | 251.2M | 308.3M | 351.7M | 293.1M | 303.4M | 302M | 301.5M | 314.3M | 310.6M |
| Total current assets | 732.9M | 702.7M | 664.1M | 627.3M | 1.1B | 1.3B | 921.5M | 953M | 1B | 1.1B | 1.1B | 1.4B |
| Property, plant & equipment | — | 110.6M | — | — | — | 117.4M | — | — | — | 146.5M | — | — |
| Goodwill & intangibles | 4.5M | 8.8M | 4.3M | 4.2M | 4.8M | 9.6M | 3.9M | 3.8M | 3.7M | 7.4M | 3.7M | 3.7M |
| Total assets | 873.2M | 825.6M | 802.5M | 758.3M | 1.3B | 1.4B | 1.1B | 1.1B | 1.2B | 1.3B | 2B | 2.3B |
| Accounts payable | 121.6M | 94.6M | 94.5M | 99.5M | 87.4M | 114.7M | 84.4M | 93.7M | 78.6M | 90.7M | 78.6M | 103.9M |
| Short-term debt | 26.3M | 25.4M | 439.4M | 453.6M | 522.3M | 584.7M | 490M | 462.3M | 482.3M | 486.5M | 510.6M | 65.4M |
| Total current liabilities | 212.8M | 197.3M | 799M | 847.7M | 973.8M | 1.1B | 885.5M | 935M | 986.5M | 1.1B | 1.1B | 464.9M |
| Long-term debt | 639.6M | 618.9M | 229.6M | 219.1M | 393.7M | 434.3M | 357.3M | 330.2M | 331.4M | 385.3M | 386.1M | 384.6M |
| Total liabilities | 946.6M | 971.3M | 1B | 1.1B | 1.4B | 1.5B | 1.3B | 1.3B | 1.3B | 1.5B | 1.5B | 849.5M |
| Shareholders' equity | -73.4M | -145.7M | -238.2M | -321.1M | -113M | -125.7M | -189.8M | -187.6M | -174.1M | -162.8M | 488M | 1.4B |
| Total debt | 665.8M | 644.3M | 669M | 672.6M | 916M | 1B | 847.3M | 792.5M | 813.6M | 871.8M | 896.7M | 450.1M |
| Net debt | 224.6M | 252.1M | 348.8M | 413.9M | 189.5M | 353.4M | 329.3M | 298.5M | 274.6M | 255.7M | 323.8M | -362.2M |
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 | -68.5M | -123.9M | -130.1M | -218M | -419M | -383.6M | -583.2M | -481.4M | -449.8M | -228M |
| Depreciation & amortization | 677K | 734K | 880K | 6.7M | 9.4M | 15.4M | 18M | 18.9M | 21.1M | 17.7M |
| Stock-based compensation | 7.3M | 9.7M | 19.7M | 37.5M | 53.2M | 66.8M | 64.2M | 66.7M | 113.6M | 116.2M |
| Change in working capital | 2.2M | 10M | 6.3M | -8.2M | -2.5M | -75.7M | -52M | -91.9M | -171.9M | 87.4M |
| Operating cash flow | -62.7M | -91.1M | -138.7M | -205.4M | -283.5M | -435.6M | -551.9M | -482.6M | -424.9M | 53.9M |
| Capital expenditure | -672K | -941K | -2.6M | -5.2M | -14.8M | -23.7M | -5M | -2.4M | -567.4K | — |
| Investing cash flow | -672K | -941K | -2.6M | -5.2M | -289.5M | -110M | 61.7M | 286.5M | 8.2M | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | 0 | 0 | -21.6M | -105.3M | 0 | 0 | -17.4M |
| Financing cash flow | 117.5M | 124.7M | 203.3M | 444.5M | 544.4M | 318.2M | 391.6M | 124M | 491.8M | -50.8M |
| Net change in cash | 54.1M | 32.6M | 61.9M | 234M | -28.6M | -227.4M | -98.6M | -72.2M | 75.1M | 3.1M |
| Free cash flow | -60.9M | -96M | -141.4M | -181.1M | -293.1M | -441.9M | -510.2M | -469.8M | -366M | 45.4M |
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 | -162.2M | -86.9M | -131M | -109.4M | -115.2M | -45.8M | -94.6M | -38.9M | -61M | -33.6M | 629.3M | 207M |
| Depreciation & amortization | 4.7M | 5M | 4.5M | 4.4M | 5.1M | 5.3M | 4.5M | 4.3M | 4M | 4.8M | 4.2M | 4.6M |
| Stock-based compensation | 17.2M | 15.9M | 17.3M | 26M | 30.2M | 31.2M | 25.6M | 30M | 30.6M | 30M | 30.4M | 29.6M |
| Change in working capital | -34.9M | 18K | -28.9M | -36.9M | 17.4M | -111.4M | 96.8M | -58M | 27.1M | 21.5M | -40.9M | -32.5M |
| Operating cash flow | -154.7M | -19.2M | -86.9M | -146M | -65.8M | -80.6M | 47.8M | -7.3M | 2.2M | 73.4M | -7.7M | 281.7M |
| Capital expenditure | -930K | 68K | -199K | 608K | -542.4K | -498.4K | -703K | — | — | — | — | — |
| Investing cash flow | 22.2M | 6.7M | 7.2M | 608K | -542.4K | -499.6K | -703K | 0 | 0 | 0 | -7.7M | 9.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | — | — | — | — | -17.4M | 0 | 0 | 0 | -51.9M | -51.6M |
| Financing cash flow | 137.2M | -6.3M | -2.8M | -2.8M | -3.3M | 19.4M | -31.9M | -5.5M | -6.6M | -6.8M | -68.5M | -64.6M |
| Net change in cash | 4.7M | -18.8M | -82.5M | -148.2M | -69.6M | -61.6M | 15.3M | -12.8M | -4.4M | 66.6M | -83.9M | 226.2M |
| Free cash flow | -125.7M | -42.4M | -101.8M | -61.6M | -65.8M | -104.2M | -15M | -12.4M | 2.1M | 70M | -7.7M | 270.7M |