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 26 | -$0.05 | -$0.03 | +40.0% | — | $241.1M | — |
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 % |
|---|---|---|---|---|---|---|
| FY25 | — | -$2.93 | — | — | $1.1B | — |
| FY24 | — | -$0.44 | — | — | $1.3B | — |
| FY23 | — | $2.07 | — | — | $2B | — |
| FY22 | — | $5.09 | — | — | $2.8B | — |
| FY21 | — | $3.6 | — | — | $1.7B | — |
| FY20 | — | -$0.36 | — | — | $836.4M | — |
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 |
|---|---|---|---|---|---|---|
| Revenue | $836.4M | $1.7B | $2.8B | $2B | $1.3B | $1.1B |
| YoY change | — | +100.5% | +67.4% | -28% | -33.5% | -21.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | $309.9M |
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 |
|---|---|---|---|---|---|---|
| Revenue | 836.4M | 1.7B | 2.8B | 2B | 1.3B | 1.1B |
| Cost of revenue | 633.7M | 1.3B | 2.2B | 1.6B | 1.1B | 840.7M |
| Gross profit | 202.7M | 375M | 627.7M | 450.4M | 274.3M | 213.6M |
| Gross margin | 24.2% | 22.4% | 22.4% | 22.3% | 20.4% | 20.3% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 173.8M | 216.4M | 324.9M | 300.4M | 233.4M | 200.7M |
| Operating expenses | 173.8M | 216.4M | 324.9M | 300.4M | 233.4M | 200.7M |
| Operating income | 16.3M | 148.8M | 290.2M | 131.7M | 22.7M | -3.9M |
| Operating margin | 1.94% | 8.87% | 10.3% | 6.52% | 1.69% | -0.37% |
| Non-operating income, net | -25.7M | -8.7M | -19.5M | -20.7M | -38.9M | -80.5M |
| Pretax income | -12.3M | 133.2M | 256.3M | 102.9M | -16.4M | -83.5M |
| Income tax | -188K | 1.2M | 67.9M | 30.3M | -1.8M | 11.3M |
| Net income | -12.1M | 132M | 188.5M | 72.6M | -14.6M | -94.9M |
| Net margin | -1.45% | 7.87% | 6.71% | 3.6% | -1.08% | -9% |
| EBITDA | 28.6M | 159.4M | 304.1M | 150M | 43.5M | 16M |
| EPS | -0.36 | 3.6 | 5.09 | 2.07 | -0.44 | -2.93 |
| Diluted EPS | -0.36 | 3.53 | 5.02 | 2.05 | -0.44 | -2.93 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | 309.9M | 293.4M | 274.1M | 250.1M | 236.8M | 241.1M |
| Cost of revenue | 247.9M | 234.8M | 218.1M | 199.1M | 188.8M | 193.5M |
| Gross profit | 62M | 58.7M | 56M | 50.9M | 48M | 47.6M |
| Gross margin | 20% | 20% | 20.4% | 20.4% | 20.3% | 19.7% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 55.6M | 52.5M | 50M | 46.9M | 51.3M | 45.8M |
| Operating expenses | 55.6M | 52.5M | 50M | 46.9M | 51.3M | 45.8M |
| Operating income | 2.1M | 1.4M | 1.9M | -55K | -7.1M | -1.9M |
| Operating margin | 0.67% | 0.48% | 0.68% | -0.02% | -3% | -0.78% |
| Non-operating income, net | -5.9M | -2.4M | -7.7M | -5.9M | -64.5M | -2.3M |
| Pretax income | -3.9M | -899K | -5.7M | -5.6M | -71.2M | -3.7M |
| Income tax | -161K | -409K | 930K | -863K | 11.7M | 532K |
| Net income | -3.8M | -490K | -6.7M | -4.8M | -82.9M | -4.3M |
| Net margin | -1.21% | -0.17% | -2.43% | -1.91% | -35% | -1.77% |
| EBITDA | 6.5M | 6.8M | 6.6M | 4.9M | -2.3M | 2.8M |
| EPS | -0.12 | -0.02 | -0.2 | -0.15 | -2.56 | -0.14 |
| Diluted EPS | -0.12 | -0.02 | -0.2 | -0.15 | -2.56 | -0.14 |
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 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | 320.1M | 1B | 983.4M | 796M | 606.2M | 262.5M | 428.1M |
| Enterprise value | 396.5M | 1.2B | 1.1B | 784.2M | 528.4M | 156.1M | 324.9M |
| Shares outstanding | 36.1M | 36.7M | 37M | 35.2M | 33.4M | 32.4M | 32.4M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | 7.72 | 5.22 | 11 | — | — | 48.3 |
| P/S | 0.38 | 0.61 | 0.35 | 0.39 | 0.45 | 0.25 | 0.43 |
| P/B | 2.07 | 3.42 | 2.15 | 1.68 | 1.45 | 0.81 | 1.32 |
| EV/EBITDA | 13.8 | 7.61 | 3.74 | 5.23 | 12.1 | 9.75 | 23 |
| EV/Sales | 0.47 | 0.72 | 0.41 | 0.39 | 0.39 | 0.15 | 0.32 |
| Earnings yield | — | 13% | 19.2% | 9.12% | — | — | 2.07% |
| FCF yield | 7.06% | -9.11% | 12.7% | 29.5% | 18.4% | 15.3% | 11% |
| PEG | — | — | — | — | — | — | 0.08 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 24.2% | 22.4% | 22.4% | 22.3% | 20.4% | 20.3% | 19.7% |
| Operating margin | 1.94% | 8.87% | 10.3% | 6.52% | 1.69% | -0.37% | -0.81% |
| Net margin | -1.45% | 7.87% | 6.71% | 3.6% | -1.08% | -9% | -9.84% |
| ROE | -7.84% | 44.4% | 41.2% | 15.3% | -3.47% | -29.4% | -27% |
| ROA | -3.4% | 18% | 19.9% | 10.7% | -2.47% | -21.1% | -0.1% |
| ROIC | 7.03% | 30% | 34.9% | 20.1% | 6.65% | -1.8% | -3.44% |
| Return on tangible assets | -13% | 33.2% | 35.4% | 24.2% | -6.2% | -35.6% | -36.3% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 1.96 | 2.54 | 2.49 | 2.79 | 2.78 | 3.78 | 3.29 |
| Quick ratio | 1.96 | 2.54 | 2.49 | 2.79 | 2.78 | 3.78 | 3.29 |
| Debt / equity | 0.5 | 0.66 | 0.35 | 0.01 | 0.01 | 0.01 | 0.01 |
| Debt / assets | 0.22 | 0.27 | 0.17 | 0.01 | 0.01 | 0.01 | 0 |
| Net debt / EBITDA | 2.67 | 1.22 | 0.51 | -0.08 | -1.79 | -6.65 | -8.64 |
| Interest coverage | -3.27 | 20.4 | 18.8 | 13.7 | -6.49 | -36.7 | -37.5 |
| Effective tax rate | 0% | 0.91% | 26.5% | 29.4% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 23.2 | 45.7 | 75.8 | 57.4 | 40.3 | 32.5 | 31.1 |
| EPS (basic) | -0.36 | 3.6 | 5.09 | 2.07 | -0.44 | -2.93 | -2.93 |
| EPS (diluted) | -0.36 | 3.53 | 5.02 | 2.05 | -0.44 | -2.93 | -3.05 |
| Book value per share | 4.29 | 8.11 | 12.4 | 13.5 | 12.6 | 9.96 | 10 |
| FCF per share | 0.63 | -2.53 | 3.38 | 6.67 | 3.34 | 1.24 | 1.26 |
| Cash per share | 0.04 | 0.03 | 0.1 | 0.49 | 2.45 | 3.36 | 3.27 |
| Capex per share | 0.13 | 0.2 | 0.24 | 0.4 | 0.26 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.55% | 0.43% | 0.31% | 0.69% | 0.65% | — | — |
| Capex / operating cash flow | 301.4% | -4.12% | 24% | 3.94% | 6.64% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| $293.4M |
| $274.1M |
| $250.1M |
| $236.8M |
| $241.1M |
| YoY change | — | — | — | — | -23.6% | -17.8% |
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 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.6M | 1M | 3.6M | 17.1M | 81.6M | 108.7M |
| Receivables | 170M | 493.9M | 641.6M | 372.4M | 223.2M | 167.5M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 183.1M | 508.3M | 675.7M | 415.2M | 335M | 293.6M |
| Property, plant & equipment | 22.9M | 23.4M | 22.9M | 29.9M | 31.3M | 30M |
| Goodwill & intangibles | 263.3M | 335.5M | 416M | 379.8M | 354.5M | 182.9M |
| Total assets | 357M | 732.8M | 947.8M | 679.3M | 589.3M | 449M |
| Accounts payable | 49.9M | 109.8M | 12.9M | 3M | 5.7M | 2M |
| Short-term debt | 6.9M | 8.3M | 4.1M | 2.6M | 2.1M | 1.2M |
| Total current liabilities | 93.4M | 199.8M | 271.6M | 148.6M | 120.4M | 77.8M |
| Long-term debt | 71.1M | 187.2M | 153.6M | 2.7M | 1.8M | 1.2M |
| Total liabilities | 202.1M | 435.3M | 490.6M | 205.9M | 170.3M | 126.1M |
| Shareholders' equity | 154.9M | 297.5M | 457.2M | 473.4M | 419M | 322.8M |
| Total debt | 78M | 195.5M | 157.7M | 5.3M | 3.9M | 2.3M |
| Net debt | 76.4M | 194.4M | 154.1M | -11.8M | -77.8M | -106.4M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 81.6M | 80.7M | 81.2M | 99.1M | 108.7M | 105.6M |
| Receivables | 223.2M | 219.8M | 201.7M | 180.2M | 167.5M | 176.6M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 335M | 325.2M | 309.1M | 295.1M | 293.6M | 298.3M |
| Property, plant & equipment | 31.3M | 30.3M | 30.2M | 30.1M | 30M | 29.1M |
| Goodwill & intangibles | 354.5M | 350.1M | 345.6M | 341.2M | 182.9M | 179.1M |
| Total assets | 589.3M | 576.2M | 553.8M | 538.2M | 449M | 451.1M |
| Accounts payable | 5.7M | — | — | 42.3M | 2M | 47.6M |
| Short-term debt | 2.1M | 1.7M | 1.3M | 846K | 1.2M | 974K |
| Total current liabilities | 120.4M | 109M | 96.2M | 85.5M | 77.8M | 90.6M |
| Long-term debt | 1.8M | 1.6M | 1.5M | 1.4M | 1.2M | 1.1M |
| Total liabilities | 170.3M | 158M | 141.6M | 130.1M | 126.1M | 138.3M |
| Shareholders' equity | 419M | 418.2M | 412.2M | 408.1M | 322.8M | 312.8M |
| Total debt | 3.9M | 3.3M | 2.8M | 2.2M | 2.3M | 2M |
| Net debt | -77.8M | -77.4M | -78.4M | -96.9M | -106.4M | -103.5M |
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 |
|---|---|---|---|---|---|---|
| Net income | -12.1M | 132M | 188.5M | 72.6M | -14.6M | -94.9M |
| Depreciation & amortization | 12.7M | 9.9M | 12.6M | 18.3M | 18.2M | — |
| Stock-based compensation | 5.4M | 6.9M | 7.4M | 6.6M | 6M | 7.1M |
| Change in working capital | -8M | -317.2M | -178.9M | 253.8M | 122.4M | 67.4M |
| Operating cash flow | 1.5M | -174.1M | 36.6M | 355M | 131.2M | 48.3M |
| Capital expenditure | -4.6M | -7.2M | -8.8M | -14M | -8.7M | — |
| Investing cash flow | -4.6M | -34M | -43.9M | -13.8M | -8.7M | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -35.3M | -57.7M | -37.3M | -6.8M |
| Financing cash flow | -459.9M | -368.7M | -1.7B | -1B | -46.8M | -13M |
| Net change in cash | -463M | -576.8M | -1.7B | -677.8M | 75.6M | 35.2M |
| Free cash flow | 22.6M | -92.8M | 125.3M | 234.5M | 111.4M | 40.1M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | -3.8M | -490K | -6.7M | -4.8M | -82.9M | -4.3M |
| Depreciation & amortization | 4.3M | 4.8M | 4.1M | 4.1M | 3.8M | 3.7M |
| Stock-based compensation | 1.7M | 1.3M | 870K | 766K | 4.2M | 1.2M |
| Change in working capital | 21.5M | 9.6M | 18.4M | 23.2M | 16.2M | -10.5M |
| Operating cash flow | 24.6M | 14.9M | 4.2M | 20.1M | 18.2M | 4.8M |
| Capital expenditure | -2.5M | -1.9M | — | — | — | — |
| Investing cash flow | -2.5M | -1.9M | — | — | — | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | -4.1M | -314K | 0 | 0 | -6.5M | -5.9M |
| Financing cash flow | -4.1M | -4.7M | -1.8M | -6K | -6.5M | -6.5M |
| Net change in cash | 17.9M | 8.3M | 2.5M | 20.1M | 11.7M | -1.7M |
| Free cash flow | 21.7M | 3.8M | 2.3M | 17.9M | 16.1M | 3.3M |