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 | -$0.11 | -$0.19 | -72.7% | — | $14.3M | — |
| Q1 26 | -$0.26 | -$0.25 | +3.8% | — | $12.3M | — |
| Q4 25 | -$0.33 | -$0.34 | -3.0% | — | $12.7M | — |
| Q2 25 | -$0.27 | -$0.34 | -25.9% | — | $10.3M | — |
| Q1 25 | -$0.22 | -$0.35 | -59.1% | — | $7.6M | — |
| Q4 24 | -$0.13 | -$0.28 | -115.4% | — | $54.1M | — |
| Q3 24 | -$0.11 | -$0.01 | +90.9% | — | $70.8M | — |
| Q2 24 | -$0.26 | -$0.14 | +46.2% | — | $65M | — |
| Q1 24 | -$0.21 | -$0.32 | -52.4% | — | $77.1M | — |
| Q4 23 | -$0.1 | -$0.62 | -520.0% | — | $91.5M | — |
| Q3 23 | -$0.27 | -$0.41 | -51.9% | — | $74.6M | — |
| Q2 23 | -$0.48 | -$0.38 | +20.8% | — | $58.7M | — |
| Q1 23 | -$0.57 | -$0.75 | -31.6% | — | $32.4M | — |
| Q4 22 | -$0.84 | -$0.6 | +28.6% | — | $45.4M | — |
| Q3 22 | -$0.57 | -$0.96 | -68.4% | — | $45.4M | — |
| Q2 22 | -$0.64 | -$0.47 | +26.6% | — | $60.2M | — |
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 | — | $1.43 | — | — | $42.2M | — |
| FY24 | — | $0.25 | — | — | $267M | — |
| FY23 | — | -$2.53 | — | — | $257.2M | — |
| FY22 | — | -$3.76 | — | — | $211M |
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 | $190.1M | $1.6M | $0 | $356.1M | $475.8M | $326.6M | $211M | $257.2M | $267M | $42.2M |
| YoY change | +532.8% | -99.2% | -100% | +InfinityT% | +33.6% | -31.4% | -35.4% | +21.9% | +3.78% | -84.2% |
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 | 190.1M | 1.6M | 0 | 356.1M | 475.8M | 326.6M | 211M | 257.2M | 267M | 42.2M |
| Cost of revenue | — | 0 | 0 | 17.1M | 37.7M | 57.6M | 70.1M | 159M | 117.6M | 13.8M |
| Gross profit | — | 1.6M | 0 | 339M | 438.2M | 269M | 141M | 98.3M | 149.4M | 28.4M |
| Gross margin | — | 100% | — | 95.2% | 92.1% | 82.4% | 66.8% | 38.2% | 56% | 67.2% |
| Research & development | 254.4M | 162.4M | 110.2M | 94.2M | 142.8M | 363.1M | 199.4M | 109.4M | 93.3M | 108.9M |
| Selling, general & administrative | 51.6M | 71.3M | 94.2M | 137M | 139.1M | 169.7M | 198.5M | 192M | 167.7M | 100.6M |
| Operating expenses | 306M | 233.7M | 204.4M | 231.2M | 281.8M | 532.8M | 397.8M | 301.5M | 261.1M | 209.5M |
| Operating income | -115.9M | -232.1M | -204.4M | 107.8M | 156.3M | -263.9M | -256.9M | -203.2M | -111.7M | -181.1M |
| Operating margin | -61% | -14.9K% | — | 30.3% | 32.9% | -80.8% | -121.7% | -79% | -41.8% | -429.5% |
| Non-operating income, net | -3.9M | 3.4M | 4.7M | 2.6M | 554K | -283K | -2.4M | 5.5M | 167.3M | 7M |
| Pretax income | -127.8M | -238.3M | -209.4M | 92.8M | 135.7M | -287.1M | -291.8M | -238.3M | 28.5M | -183.1M |
| Income tax | — | 0 | 0 | 2.9M | 3.5M | 0 | 0 | -380K | 0 | 0 |
| Net income | -127.8M | -238.3M | -209.4M | 89.8M | 132.2M | -287.1M | -291.8M | -237.9M | 28.5M | 168M |
| Net margin | -67.2% | -15.3K% | — | 25.2% | 27.8% | -87.9% | -138.2% | -92.5% | 10.7% | 398.4% |
| EBITDA | -116.8M | -225.3M | -196.5M | 113.6M | 159.8M | -260.7M | -249.4M | -193.9M | -103M | -170.2M |
| EPS | -3.04 | -4.48 | -3.22 | 1.29 | 1.85 | -3.81 | -3.76 | -2.53 | 0.25 | 1.43 |
| Diluted EPS | -3.04 | -4.48 | -3.22 | 1.23 | 1.62 | -3.81 | -3.76 | -2.53 | 0.25 | 1.43 |
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 | 74.6M | 91.5M | 77.1M | 65M | 70.8M | 54.1M | 7.6M | 10.3M | 11.6M | 12.7M | 12.3M | 14.3M |
| Cost of revenue | 32.7M | 84.6M | 34.6M | 28.4M | 20.7M | 33.9M | 2.7M | 3.4M | 3.7M | 4M | 3.8M | 4.2M |
| Gross profit | 41.9M | 7M | 42.5M | 36.6M | 50M | 20.3M | 4.9M | 6.9M | 7.8M | 8.7M | 8.5M | 10.1M |
| Gross margin | 56.1% | 7.6% | 55.1% | 56.3% | 70.7% | 37.5% | 65.1% | 66.9% | 67.8% | 68.3% | 69% | 70.4% |
| Research & development | 25.6M | 26.4M | 28.5M | 22M | 21.7M | 21.2M | 24.4M | 26.3M | 27.3M | 31M | 21.5M | 21.4M |
| Selling, general & administrative | 48.2M | 49.5M | 56.5M | 35.2M | 34.7M | 41.3M | 26M | 26M | 24.9M | 23.6M | 23.1M | 21M |
| Operating expenses | 73.9M | 75.9M | 85M | 57.1M | 56.4M | 62.5M | 50.4M | 52.3M | 52.2M | 54.6M | 44.6M | 42.4M |
| Operating income | -32M | -68.9M | -42.5M | -20.5M | -6.4M | -42.2M | -45.4M | -45.5M | -44.3M | -45.9M | -36.2M | -32.3M |
| Operating margin | -42.9% | -75.3% | -55.2% | -31.6% | -9.02% | -78% | -597.9% | -443.6% | -383.1% | -359.9% | -293.7% | -226% |
| Non-operating income, net | 2.3M | -129K | 156.5M | 12.9M | 998K | -3.1M | 187K | 2.9M | 2.1M | 1.8M | 1.4M | 1.3M |
| Pretax income | -40M | -79.7M | 102.9M | -12.9M | -10.8M | -50.7M | -47.4M | -44.9M | -44.5M | -46.3M | -36.9M | -33.3M |
| Income tax | -380K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | -39.6M | -79.7M | 102.9M | -12.9M | -10.8M | -50.7M | -56.6M | 297.8M | -35.5M | -37.6M | -38.3M | -20.6M |
| Net margin | -53.2% | -87% | 133.5% | -19.9% | -15.2% | -93.6% | -744.4% | 2.9K% | -307.1% | -295.3% | -311.3% | -144.2% |
| EBITDA | -28.9M | -68M | -38.1M | -17.9M | -2.8M | -44.3M | -44.2M | -41.6M | -41.2M | -43.2M | -33.9M | -30.2M |
| EPS | -0.41 | -0.71 | 0.91 | -0.11 | -0.09 | -0.44 | -0.49 | 2.57 | -0.31 | -0.31 | -0.28 | -0.13 |
| Diluted EPS | -0.41 | -0.71 | 0.83 | -0.11 | -0.09 | -0.44 | -0.49 | 2.57 | -0.31 | -0.31 | -0.28 | -0.13 |
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 | — | — | — | 1.3B | 1.2B | 1.2B | 614.8M | — | — | 166.3M | 176.1M |
| Enterprise value | — | — | — | 1.3B | 1.1B | 1.2B | 903.6M | — | — | 34.6M | 123.5M |
| Shares outstanding | 41.9M | 53.1M | 65M | 69.7M | 71.4M | 75.4M | 77.6M | 94.2M | 114.6M | 117.1M | 117.1M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | 14 | 9.39 | — | — | — | — | 0.99 | 3.07 |
| P/S | — | — | — | 3.52 | 2.61 | 3.69 | 2.91 | — | — | 3.94 | 3.43 |
| P/B | — | — | — | 11.9 | 4.42 | 12.3 | -4.47 | — | — | 2.73 | 2.87 |
| EV/EBITDA | — | — | — | 11.1 | 6.99 | -4.63 | -3.62 | — | — | -0.2 | -0.82 |
| EV/Sales | — | — | — | 3.55 | 2.35 | 3.69 | 4.28 | — | — | 0.82 | 2.42 |
| Earnings yield | — | — | — | 7.16% | 10.7% | — | — | — | — | 101% | 32.5% |
| FCF yield | — | — | — | 2.11% | 11.8% | -3.22% | -39.5% | — | — | -83.3% | -90.9% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.03 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 100% | — | 95.2% | 92.1% | 82.4% | 66.8% | 38.2% | 56% | 67.2% | 70.4% |
| Operating margin | -61% | -14.9K% | — | 30.3% | 32.9% | -80.8% | -121.7% | -79% | -41.8% | -429.5% | -226% |
| Net margin | -67.2% | -15.3K% | — | 25.2% | 27.8% | -87.9% | -138.2% | -92.5% | 10.7% | 398.4% | -259.4% |
| ROE | -660.3% | -780.4% | 542.6% | 85.4% | 47.1% | -293.8% | 212.3% | 123% | -21.6% | 275.4% | -178.4% |
| ROA | -71.6% | -146.5% | -210.5% | 22% | 15.7% | -42.3% | -60.7% | -37.8% | 6.36% | 65% | -30.5% |
| ROIC | — | -4.2K% | 2.6K% | 89.8% | 97.1% | -265% | -169.8% | -119.8% | -936.3% | 255.9% | 3.3K% |
| Return on tangible assets | -74.6% | -153.3% | -226.8% | 22.4% | 15.8% | -42.7% | -62.2% | -48.9% | 8.35% | 101.3% | -130.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.86 | 5.12 | 2.54 | 2.98 | 5.27 | 3.64 | 2.75 | 1.43 | 1.21 | 1.46 | 1.77 |
| Quick ratio | 2.86 | 5.12 | 2.49 | 2.9 | 4.97 | 3.42 | 2.47 | 1.24 | 0.96 | 1.43 | 1.66 |
| Debt / equity | 5.23 | 3.34 | -2.67 | 1.79 | 1.48 | 4.29 | -3.5 | -2.49 | -2.04 | 0.66 | 0.89 |
| Debt / assets | 0.57 | 0.63 | 1.04 | 0.46 | 0.5 | 0.62 | 1 | 0.76 | 0.6 | 0.16 | 0.21 |
| Net debt / EBITDA | 0.2 | 0.11 | -0.16 | 0.1 | -0.78 | -0.01 | -1.16 | -1.87 | -1.4 | 0.77 | 0.44 |
| Interest coverage | -15 | -23.9 | -20.6 | 6.27 | 7.41 | -11.5 | -7.98 | -4.88 | 2.05 | -19.3 | -16.7 |
| Effective tax rate | — | 0% | 0% | 3.17% | 2.55% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 4.54 | 0.03 | 0 | 5.11 | 6.66 | 4.33 | 2.72 | 2.73 | 2.33 | 0.36 | 0.39 |
| EPS (basic) | -3.04 | -4.48 | -3.22 | 1.29 | 1.85 | -3.81 | -3.76 | -2.53 | 0.25 | 1.43 | 1.43 |
| EPS (diluted) | -3.04 | -4.48 | -3.22 | 1.23 | 1.62 | -3.81 | -3.76 | -2.53 | 0.25 | 1.43 | -1.24 |
| Book value per share | 0.46 | 0.57 | -0.59 | 1.51 | 3.93 | 1.3 | -1.77 | -2.05 | -1.15 | 0.52 | 0.39 |
| FCF per share | -6.18 | -3.86 | -2.46 | 0.38 | 2.06 | -0.51 | -3.13 | -1.86 | -0.18 | -1.18 | -1.2 |
| Cash per share | 2.98 | 2.39 | 1.11 | 2.55 | 7.58 | 5.53 | 2.47 | 1.25 | 1.1 | 1.47 | 0.68 |
| Capex per share | 0.16 | 0.09 | 0.01 | 0.03 | 0.1 | 0.02 | 0.03 | 0.01 | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.43% | 293.9% | — | 0.51% | 1.48% | 0.39% | 0.97% | 0.22% | — | — | — |
| Capex / operating cash flow | -2.52% | -2.31% | -0.44% | -4.49% | 5.83% | -2.12% | -0.88% | -0.15% | — | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$3.81 | — | — | $326.6M | — |
| FY20 | — | $1.85 | — | — | $475.8M | — |
| FY19 | — | $1.29 | — | — | $356.1M | — |
| FY18 | — | -$3.22 | — | — | $0 | — |
| FY17 | — | -$4.48 | — | — | $1.6M | — |
| FY16 | — | -$3.04 | — | — | $190.1M | — |
| 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 | $74.6M | $91.5M | $77.1M | $65M | $70.8M | $54.1M | $7.6M | $10.3M | $11.6M | $12.7M | $12.3M | $14.3M |
| YoY change | +64.2% | +101.8% | +137.6% | +10.7% | -5.09% | -40.8% | -90.1% | -84.2% | -83.7% | -76.5% | +62% | +39.5% |
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 | 124.9M | 126.9M | 72.4M | 177.7M | 541.2M | 417.2M | 191.7M | 117.7M | 126M | 172.1M |
| Receivables | 1.9M | — | 0 | 142M | 157M | 123M | 110M | 260.5M | 111.3M | 17.8M |
| Inventory | — | 0 | 1.7M | 9.8M | 44.2M | 37.6M | 38.8M | 62.6M | 70.1M | 3.2M |
| Total current assets | 161.5M | 145.5M | 84.4M | 343M | 767.5M | 602.3M | 381.2M | 475.6M | 341.6M | 206.7M |
| Property, plant & equipment | 10.8M | 12.8M | 6.7M | 16.5M | 10.1M | 7.8M | 8.8M | 5.1M | 2.8M | 1.3M |
| Goodwill & intangibles | 7.1M | 7.1M | 7.1M | 7.1M | 7.1M | 7.1M | 11.9M | 143.3M | 107.3M | 92.5M |
| Total assets | 178.5M | 162.6M | 99.5M | 408.9M | 841.6M | 679.3M | 480.8M | 629.6M | 448.5M | 258.3M |
| Accounts payable | 20.6M | 15.7M | 15.3M | 26M | 15.2M | 16.2M | 11.5M | 35.2M | 28.5M | 9.9M |
| Short-term debt | 877K | 233K | — | — | 3.1M | 3.5M | 4.3M | 2.1M | 1.7M | 1.8M |
| Total current liabilities | 56.4M | 28.4M | 33.3M | 115M | 145.7M | 165.3M | 138.7M | 331.8M | 283M | 141.9M |
| Long-term debt | 100.3M | 101.6M | 103.1M | 188.6M | 414M | 415.5M | 476.1M | 478.7M | 268.2M | 38.5M |
| Total liabilities | 159.1M | 132.1M | 138.1M | 303.7M | 560.7M | 581.6M | 618.3M | 823M | 580.5M | 197.3M |
| Shareholders' equity | 19.4M | 30.5M | -38.6M | 105.2M | 281M | 97.7M | -137.4M | -193.4M | -132M | 61M |
| Total debt | 101.1M | 101.8M | 103.1M | 188.6M | 417.1M | 419M | 480.4M | 480.8M | 269.9M | 40.3M |
| Net debt | -23.8M | -25.1M | 30.7M | 11M | -124.1M | 1.8M | 416.9M | 378M | 143.9M | -48.5M |
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 | 131.1M | 117.7M | 259.8M | 159.2M | 97.7M | 126M | 82.4M | 237.6M | 191.7M | 172.1M | 167M | 105.3M |
| Receivables | 216.5M | 260.5M | 284.1M | 175.3M | 167.6M | 111.3M | 60.5M | 5.1M | 9.2M | 17.8M | 22.1M | 13.9M |
| Inventory | 66.8M | 62.6M | 62M | 62.2M | 47.6M | 70.1M | 3.5M | 4.5M | 2M | 3.2M | 4.8M | 5.7M |
| Total current assets | 444.4M | 475.6M | 627.5M | 557.9M | 369M | 341.6M | 310.2M | 380.2M | 461M | 206.7M | 206M | 133.8M |
| Property, plant & equipment | 6.1M | 5.1M | 4.2M | 3.3M | 2.9M | 2.8M | 2.3M | 1.9M | 1.6M | 1.3M | — | — |
| Goodwill & intangibles | 46.5M | 143.3M | 114.2M | 110.9M | 108.6M | 107.3M | 106M | 104.6M | 99M | 92.5M | 91.2M | 90M |
| Total assets | 583.8M | 629.6M | 763.5M | 674.9M | 505M | 448.5M | 371.1M | 439.5M | 516.5M | 258.3M | 266M | 191.2M |
| Accounts payable | 37.1M | 35.2M | 38.3M | 76.8M | 21.9M | 28.5M | 40.9M | 37.6M | 24.9M | 9.9M | 11.5M | 13.2M |
| Short-term debt | 4.5M | 2.1M | 176.8M | 1.4M | 1.6M | 1.7M | 1.7M | 1.8M | 1.8M | 1.8M | 1.9M | 1.9M |
| Total current liabilities | 239.7M | 331.8M | 538.3M | 463M | 295.6M | 283M | 255M | 265.1M | 373.8M | 141.9M | 133.8M | 77M |
| Long-term debt | 474.2M | 478.7M | 304.4M | 268.3M | 268.2M | 268.2M | 268.2M | 39.3M | 38.9M | 38.5M | 38.1M | 37.7M |
| Total liabilities | 717.4M | 823M | 845.4M | 759M | 593M | 580.5M | 554.5M | 319.6M | 428.7M | 197.3M | 187.4M | 130.3M |
| Shareholders' equity | -133.6M | -193.4M | -81.8M | -84.1M | -88M | -132M | -183.5M | 119.8M | 87.8M | 61M | 78.6M | 60.8M |
| Total debt | 478.7M | 480.8M | 481.2M | 269.7M | 269.9M | 269.9M | 269.9M | 41M | 40.7M | 40.3M | 40M | 39.7M |
| Net debt | 398.4M | 378M | 221.4M | 110.5M | 172.2M | 143.9M | 187.5M | -175.9M | -62.7M | -48.5M | -75.2M | -43.3M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -127.8M | -238.3M | -209.4M | 89.8M | 132.2M | -287.1M | -291.8M | -237.9M | 28.5M | 168M |
| Depreciation & amortization | 3M | 3.4M | 3.2M | 3.3M | 2.9M | 3.5M | 3.7M | 3.8M | 5.3M | 3.9M |
| Stock-based compensation | 27.4M | 36.1M | 34.8M | 33.6M | 38.2M | 51.4M | 50.7M | 43.1M | 27.8M | 17M |
| Change in working capital | -166.3M | -2.1M | -6.2M | -183.1M | -65.7M | 28.5M | -38.2M | -173.7M | 113.5M | 121.3M |
| Operating cash flow | -258.3M | -197.7M | -179.4M | -40.6M | 121M | -60.8M | -231.6M | -361.3M | 175.1M | -138.5M |
| Capital expenditure | -6.5M | -4.6M | -789K | -1.8M | -7.1M | -1.3M | -2M | 559K | — | — |
| Investing cash flow | -6.5M | -4.4M | -1.2M | -12.7M | -14.4M | -138.4M | -166.8M | 144.6M | 230.3M | 375.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | -544K | — | — | — | — | — | — | — | — |
| Financing cash flow | 322.9M | 205.2M | 103.3M | 80.3M | 202.7M | 38.5M | 51.3M | 67.1M | -188.2M | -274.1M |
| Net change in cash | 58M | 3.1M | -77.2M | 26.9M | 309.3M | -160.7M | -347.1M | -149.5M | 217.3M | -37.5M |
| Free cash flow | -259.1M | -204.9M | -160.1M | 26.5M | 146.9M | -38.7M | -243.2M | -175.2M | -20.4M | -138.5M |
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 | 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 | -39.6M | -79.7M | 102.9M | -12.9M | -10.8M | -50.7M | -56.6M | 297.8M | -35.5M | -37.6M | -38.3M | -20.6M |
| Depreciation & amortization | 899K | 1.1M | 1.5M | 1.2M | 1.5M | 1M | 1M | 1M | 966K | 896K | 881K | 862K |
| Stock-based compensation | 10M | 10.8M | 7.3M | 7.2M | 6.9M | 6.4M | 5.4M | 5.4M | 3.4M | 2.8M | 2.4M | 2.6M |
| Change in working capital | -87.7M | -56.6M | -3.7M | 105.6M | -42.3M | 56.2M | 39.9M | 38.1M | 6.1M | 37.3M | -16.3M | -28.5M |
| Operating cash flow | -115.9M | -124M | 105.3M | 102.8M | -43.3M | 13.5M | -9.4M | -46.6M | -46.3M | -19.7M | -57.9M | -62.1M |
| Capital expenditure | 151K | 42K | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 50.7M | 36.3M | 202.8M | -200.2M | 444K | -542K | -17.5M | -16M | -67.2M | -2.8M | 30.7M | 29.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 11.1M | -630K | 596K | 34.4M | -458K | -10K | -264K | -48.5M | 2K | 7.9M | 53.6M | 63K |
| Net change in cash | -54.1M | -88.3M | 308.7M | -63M | -43.3M | 13M | -27.2M | -111.2M | -113.6M | -14.6M | 26.4M | -32.4M |
| Free cash flow | -54.3M | -13M | -46.8M | 59.7M | -62M | 28.6M | -25.8M | -46.6M | -46.3M | -19.7M | -57.9M | -62.1M |