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 27 | $0.16 | $0.19 | +18.8% | — | $227.2M | — |
| Q1 27 | $0.1 | $0.1 | 0.0% | — | $211M | — |
| Q4 26 | $0.14 | $0.1 | -28.6% | — | $205.2M | — |
| Q3 26 | $0.07 | $0.06 | -14.3% | — | $190.8M | — |
| Q2 26 | $0.03 | $0.15 | +400.0% | — | $180.1M | — |
| Q1 26 | $0.05 | $0.07 | +40.0% | — | $162.1M | — |
| Q4 25 | $0.05 | $0.12 | +140.0% | — | $160.4M | — |
| Q3 25 | -$0.01 | $0.02 | +300.0% | — | $152.1M | — |
| Q2 25 | -$0.03 | $0.09 | +400.0% | — | $145.5M | — |
| Q1 25 | -$0.1 | -$0.05 | +50.0% | — | $135.5M | — |
| Q4 24 | -$0.05 | -$0.04 | +20.0% | — | $131M | — |
| Q3 24 | -$0.13 | -$0.05 | +61.5% | — | $124M | — |
| Q2 24 | -$0.14 | -$0.04 | +71.4% | — | $115.1M | — |
| Q1 24 | -$0.18 | -$0.13 | +27.8% | — | $101.8M | — |
| Q4 23 | -$0.19 | -$0.14 | +26.3% | — | $98.7M | — |
| Q3 23 | -$0.22 | -$0.15 | +31.8% | — | $93.1M | — |
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 | — | -$1.22 | — | — | $738.2M | — |
| FY25 | — | -$1.02 | — | — | $593.4M | — |
| FY24 | — | -$1.32 | — | — | $471.8M | — |
| FY23 | — | -$1.47 | — | — | $355.4M | — |
| FY22 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | $96.4M | $150.2M | $238M | $355.4M | $471.8M | $593.4M | $738.2M |
| YoY change | — | +55.9% | +58.5% | +49.3% | +32.7% | +25.8% | +24.4% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 24 | Q4 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 96.4M | 150.2M | 238M | 355.4M | 471.8M | 593.4M | 738.2M |
| Cost of revenue | 35.7M | 54.5M | 78.5M | 115.8M | 147.5M | 183.2M | 242.5M |
| Gross profit | 60.7M | 95.7M | 159.5M | 239.6M | 324.3M | 410.2M | 495.7M |
| Gross margin | 63% | 63.7% | 67% | 67.4% | 68.7% | 69.1% | 67.1% |
| Research & development | 20.3M | 29.2M | 59M | 97.3M | 119.9M | 134M | 167.1M |
| Selling, general & administrative | 73.9M | 98.6M | 178.7M | 290.5M | 349.1M | 398.4M | 473.3M |
| Operating expenses | 94.2M | 127.8M | 237.7M | 387.7M | 469M | 532.4M | 640.4M |
| Operating income | -33.5M | -32.2M | -78.2M | -148.1M | -144.7M | -122.2M | -144.8M |
| Operating margin | -34.8% | -21.4% | -32.9% | -41.7% | -30.7% | -20.6% | -19.6% |
| Non-operating income, net | 48K | 720K | -121K | 8M | 16.2M | 21.6M | 16.6M |
| Pretax income | -31.4M | -31.4M | -78.3M | -140.2M | -128.5M | -100.6M | -128.2M |
| Income tax | 452K | 537K | -165K | 583K | 2M | 3.4M | 2.6M |
| Net income | -31.8M | -32M | -78.2M | -140.7M | -130.4M | -104M | -130.8M |
| Net margin | -33% | -21.3% | -32.8% | -39.6% | -27.6% | -17.5% | -17.7% |
| EBITDA | -32.9M | -30.6M | -75.4M | -143.5M | -137.7M | -112M | -125.4M |
| EPS | -0.35 | -0.35 | -2.2 | -1.47 | -1.32 | -1.02 | -1.22 |
| Diluted EPS | -0.35 | -0.35 | -2.2 | -1.47 | -1.32 | -1.02 | -1.22 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 124M | 131M | 135.5M | 145.5M | 152.1M | 160.4M | 162.1M | 180.1M | 190.8M | 205.2M | 211M | 227.2M |
| Cost of revenue | 36.4M | 43M | 44.5M | 43.4M | 45.9M | 49.3M | 50.9M | 58.2M | 62.6M | 70.8M | 72.3M | 75.4M |
| Gross profit | 87.6M | 88M | 90.9M | 102.1M | 106.1M | 111.1M | 111.2M | 121.9M | 128.2M | 134.4M | 138.7M | 151.9M |
| Gross margin | 70.7% | 67.2% | 67.1% | 70.2% | 69.8% | 69.3% | 68.6% | 67.7% | 67.2% | 65.5% | 65.7% | 66.8% |
| Research & development | 29.9M | 31.1M | 34.4M | 33.1M | 32.9M | 33.6M | 36.8M | 41.3M | 44.1M | 45M | 46.1M | 45.3M |
| Selling, general & administrative | 92.8M | 89.1M | 96.6M | 96.9M | 105.9M | 99M | 114.6M | 119.4M | 121.7M | 117.6M | 120.1M | 124.7M |
| Operating expenses | 122.7M | 120.3M | 131M | 130M | 138.7M | 132.6M | 151.4M | 160.6M | 165.8M | 162.6M | 166.2M | 170M |
| Operating income | -35.1M | -32.3M | -40.1M | -27.9M | -32.6M | -21.6M | -40.2M | -38.8M | -37.5M | -28.2M | -27.5M | -18.1M |
| Operating margin | -28.3% | -24.7% | -29.6% | -19.2% | -21.4% | -13.4% | -24.8% | -21.5% | -19.7% | -13.8% | -13% | -7.98% |
| Non-operating income, net | 4.5M | 4.4M | 5.2M | 5.5M | 5.3M | 5.6M | 5.7M | 4M | 3.4M | 3.6M | 3.5M | 2.3M |
| Pretax income | -30.6M | -27.9M | -34.9M | -22.4M | -27.3M | -16M | -34.6M | -34.8M | -34.1M | -24.7M | -24.1M | -15.8M |
| Income tax | 385K | 639K | 798K | 702K | 851K | 1.1M | 1.1M | -7M | 1.7M | 6.9M | 1.4M | 2.5M |
| Net income | -31M | -28.6M | -35.7M | -23.1M | -28.1M | -17.1M | -35.6M | -27.8M | -35.8M | -31.6M | -25.5M | -18.3M |
| Net margin | -25% | -21.8% | -26.4% | -15.9% | -18.5% | -10.6% | -22% | -15.4% | -18.8% | -15.4% | -12.1% | -8.06% |
| EBITDA | -32.9M | -30.4M | -38M | -25.3M | -29.9M | -18.8M | -37.6M | -34M | -31.6M | -22.3M | -21.2M | -11.8M |
| EPS | -0.31 | -0.29 | -0.35 | -0.23 | -0.27 | -0.17 | -0.34 | -0.26 | -0.33 | -0.29 | -0.24 | -0.17 |
| Diluted EPS | -0.31 | -0.29 | -0.35 | -0.23 | -0.27 | -0.17 | -0.34 | -0.26 | -0.33 | -0.29 | -0.24 | -0.17 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 5.3B | 4.7B | 2.2B | 2.6B |
| Enterprise value | — | — | — | — | 4.9B | 4.3B | 1.9B | 2.5B |
| Shares outstanding | 90.3M | 90.3M | 34.9M | 94.6M | 98.1M | 102.2M | 107.9M | 107.9M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -19 |
| P/S | — | — | — | — | 11.2 | 7.92 | 3.04 | 3.32 |
| P/B | — | — | — | — | 11.9 | 9.9 | 3.6 | 4.59 |
| EV/EBITDA | — | — | — | — | -35.7 | -38.1 | -15.3 | -28.5 |
| EV/Sales | — | — | — | — | 10.4 | 7.2 | 2.6 | 2.94 |
| Earnings yield | — | — | — | — | — | — | — | -5.27% |
| FCF yield | — | — | — | — | -0.12% | 0.42% | 2.58% | 7.46% |
| PEG | — | — | — | — | — | — | — | 0.55 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 63% | 63.7% | 67% | 67.4% | 68.7% | 69.1% | 67.1% | 66.8% |
| Operating margin | -34.8% | -21.4% | -32.9% | -41.7% | -30.7% | -20.6% | -19.6% | -7.98% |
| Net margin | -33% | -21.3% | -32.8% | -39.6% | -27.6% | -17.5% | -17.7% | -13.6% |
| ROE | 36.6% | 30.1% | -15.5% | -31.5% | -29.3% | -21.9% | -21% | -18.5% |
| ROA | -20.8% | -18.7% | -11.7% | -20% | -16.1% | -11.9% | -11.7% | -5.77% |
| ROIC | 18.8% | 16.7% | 843.2% | -764.7% | -245.6% | -251% | -49.1% | -38.6% |
| Return on tangible assets | -20.8% | -18.7% | -11.7% | -20% | -17.5% | -12.9% | -28% | -22.4% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.98 | 1.32 | 3.8 | 2.68 | 2.08 | 1.98 | 1.35 | 1.27 |
| Quick ratio | 1.98 | 1.32 | 3.8 | 2.68 | 2.08 | 1.98 | 1.35 | 1.27 |
| Debt / equity | — | — | 0 | 0.11 | 0.2 | 0.18 | 0.13 | 0.16 |
| Debt / assets | — | — | 0 | 0.07 | 0.11 | 0.1 | 0.07 | 0.09 |
| Net debt / EBITDA | — | — | 6.81 | 2.98 | 2.8 | 3.8 | 2.63 | 3.61 |
| Interest coverage | — | -93.2 | -212 | — | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.07 | 1.66 | 6.82 | 3.76 | 4.81 | 5.81 | 6.84 | 7.55 |
| EPS (basic) | -0.35 | -0.35 | -2.2 | -1.47 | -1.32 | -1.02 | -1.22 | -1.22 |
| EPS (diluted) | -0.35 | -0.35 | -2.2 | -1.47 | -1.32 | -1.02 | -1.22 | -1.03 |
| Book value per share | -0.96 | -1.18 | 14.5 | 4.72 | 4.53 | 4.65 | 5.78 | 5.31 |
| FCF per share | -0.11 | -0.12 | -1.14 | -0.41 | -0.07 | 0.19 | 0.54 | 0.72 |
| Cash per share | 1.02 | 0.96 | 14.7 | 5.06 | 4.85 | 5.03 | 3.82 | 3.61 |
| Capex per share | 0.02 | 0.03 | 0.07 | 0.16 | 0.1 | 0.13 | 0.03 | 0.04 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.79% | 1.64% | 0.97% | 4.35% | 2.07% | 2.23% | 0.51% | 0.53% |
| Capex / operating cash flow | -13.3% | -12.1% | -9.31% | -44.5% | -87.7% | 33.2% | 5.29% | 4.79% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| -$2.2 |
| — |
| — |
| $238M |
| — |
| FY21 | — | -$0.35 | — | — | $150.2M | — |
| FY20 | — | -$0.35 | — | — | $96.4M | — |
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Q4 26 |
|---|
| Q1 27 |
|---|
| Q2 27 |
|---|
| Revenue | $124M | $131M | $135.5M | $145.5M | $152.1M | $160.4M | $162.1M | $180.1M | $190.8M | $205.2M | $211M | $227.2M |
| YoY change | +33.1% | +32.7% | +33.1% | +26.4% | +22.7% | +22.5% | +19.6% | +23.8% | +25.5% | +27.9% | +30.2% | +26.2% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 92M | 86.5M | 514.1M | 478.7M | 476.1M | 513.5M | 411.9M |
| Receivables | 23.3M | 34.8M | 64.5M | 78.3M | 92.3M | 95.2M | 122.3M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 127M | 134M | 608.2M | 583.2M | 601.1M | 644M | 567.9M |
| Property, plant & equipment | 2.5M | 5.5M | 7.4M | 66.6M | 110.5M | 114.7M | 115.5M |
| Goodwill & intangibles | — | — | — | 1M | 64.3M | 63.2M | 646.7M |
| Total assets | 153.1M | 171.4M | 666.3M | 705.4M | 810.9M | 871M | 1.1B |
| Accounts payable | 1.2M | 439K | 2.1M | 3.1M | 6.3M | 2.1M | 1.6M |
| Short-term debt | — | — | — | 10.7M | 15.6M | 18.2M | 19.3M |
| Total current liabilities | 64.3M | 101.1M | 160M | 217.3M | 289.4M | 324.5M | 420.4M |
| Long-term debt | — | — | 0 | 40.6M | 75M | 69.3M | 63.4M |
| Total liabilities | 239.9M | 277.7M | 161.4M | 258.6M | 366.5M | 396.2M | 489.6M |
| Shareholders' equity | -86.9M | -106.3M | 504.8M | 446.8M | 444.4M | 474.7M | 624.2M |
| Total debt | — | — | 0 | 51.3M | 90.6M | 87.4M | 82.7M |
| Net debt | — | — | -478.9M | -17.3M | 22.4M | 4.4M | -41.7M |
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 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 468M | 476.1M | 483.8M | 504M | 492.6M | 513.5M | 539.3M | 363.6M | 383.3M | 411.9M | 387.5M | 409.9M |
| Receivables | 71.3M | 92.3M | 81.6M | 71.3M | 90.3M | 95.2M | 86.1M | 88.2M | 90.2M | 122.3M | 118.5M | 112.5M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 566.8M | 601.1M | 598.9M | 606.4M | 613.3M | 644M | 659.1M | 484.5M | 502M | 567.9M | 546.7M | 570M |
| Property, plant & equipment | 107M | 110.5M | 115.9M | 115.6M | 120.3M | 114.7M | 114.9M | 113.2M | 114M | 115.5M | 113M | 128.7M |
| Goodwill & intangibles | 64M | 64.3M | 63.8M | 63.6M | 63.4M | 63.2M | 63M | 670.8M | 663M | 646.7M | 641.1M | 635.4M |
| Total assets | 768.9M | 810.9M | 816.1M | 825.6M | 842M | 871M | 889.1M | 1B | 1B | 1.1B | 1.1B | 1.1B |
| Accounts payable | 5.9M | 6.3M | 4.7M | 4.5M | 2.9M | 2.1M | 1.3M | 1.1M | 3.6M | 1.6M | 5.6M | 1.5M |
| Short-term debt | 14.1M | 15.6M | 15.4M | 16.3M | 18.3M | 18.2M | 19.3M | 20M | 20M | 19.3M | 19.8M | 22.9M |
| Total current liabilities | 248.3M | 289.4M | 305.6M | 298.1M | 308.2M | 324.5M | 343.9M | 353.7M | 369.4M | 420.4M | 441.5M | 450.4M |
| Long-term debt | 77M | 75M | 72.2M | 71.6M | 73.8M | 69.3M | 68M | 64.4M | 64M | 63.4M | 61.7M | 73.5M |
| Total liabilities | 330.2M | 366.5M | 379.9M | 371.9M | 384.2M | 396.2M | 414.7M | 423.5M | 438.9M | 489.6M | 507.9M | 529.1M |
| Shareholders' equity | 438.7M | 444.4M | 436.2M | 453.7M | 457.8M | 474.7M | 474.5M | 599M | 602.4M | 624.2M | 583.2M | 602.2M |
| Total debt | 91M | 90.6M | 87.5M | 87.9M | 92.1M | 87.4M | 87.3M | 84.4M | 83.9M | 82.7M | 81.5M | 96.4M |
| Net debt | 30.6M | 22.4M | 12.7M | 8.8M | 30.8M | 4.4M | -144.2M | 3.4M | -13.9M | -41.7M | -63.8M | -70.4M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Net income | -31.8M | -32M | -78.2M | -140.7M | -130.4M | -104M | -130.8M |
| Depreciation & amortization | 645K | 1.6M | 2.8M | 4.6M | 7M | 10.1M | 19.3M |
| Stock-based compensation | 12.4M | 7.5M | 47.2M | 72.2M | 97.2M | 115.1M | 143.7M |
| Change in working capital | -56K | -8.3M | -14.1M | 757K | -16.5M | -19.7M | -34.7M |
| Operating cash flow | -13M | -20.4M | -24.8M | -34.7M | -11.1M | 39.9M | 71.4M |
| Capital expenditure | -1.7M | -2.5M | -2.3M | -15.4M | -9.8M | -13.2M | -3.8M |
| Investing cash flow | -86.4M | 24.4M | 20.1M | -397.3M | -16.4M | -32.7M | -41.3M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | 0 | -204K | 0 | 0 | — | — | — |
| Financing cash flow | 0 | 2.1M | 459.6M | 0 | -165K | -2.9M | — |
| Net change in cash | -99.4M | 6M | 454.8M | -432M | -27.7M | 4.3M | 30.1M |
| Free cash flow | -9.9M | -10.4M | -39.8M | -39M | -6.5M | 19.6M | 58.1M |
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 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -31M | -28.6M | -35.7M | -23.1M | -28.1M | -17.1M | -35.6M | -27.8M | -35.8M | -31.6M | -25.5M | -18.3M |
| Depreciation & amortization | 2.2M | 1.9M | 2.1M | 2.6M | 2.6M | 2.7M | 2.6M | 4.8M | 6M | 6M | 6.3M | 6.3M |
| Stock-based compensation | 24M | 24.3M | 28.6M | 30.1M | 28.4M | 28M | 30.6M | 37.6M | 37.8M | 37.7M | 35.8M | 35.7M |
| Change in working capital | -5M | -4.1M | 24.3M | -16.6M | -25.2M | -2.3M | 20M | -28.8M | -5.3M | -20.5M | 26.7M | -11.2M |
| Operating cash flow | -1.1M | 877K | 27.8M | 3M | -12.1M | 21.2M | 28.1M | 7M | 21M | 19.4M | 28.1M | 24.2M |
| Capital expenditure | -3M | -6.3M | -6.9M | -3.3M | -1.9M | -1.1M | -217K | -810K | -1.2M | -665K | -1.2M | -1.3M |
| Investing cash flow | -15.1M | 541K | -9.6M | -15.8M | -7.3M | -50K | 123.9M | 23.3M | -3.8M | -2.6M | 42.9M | -2.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | -50M | 0 |
| Financing cash flow | — | -3.2M | -2.9M | 0 | 0 | 0 | — | — | — | — | -50M | 0 |
| Net change in cash | -16.2M | -1.8M | 15.4M | -12.8M | -19.4M | 21.2M | 152M | 30.2M | 17.2M | 16.7M | 21M | 21.4M |
| Free cash flow | -5.9M | -3.5M | 11.4M | 7.2M | -14.2M | 15.2M | 22.9M | 3.5M | 17.8M | 13.9M | 26.8M | 21.7M |