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 | -$0.13 | -$0.15 | -15.4% | — | $24.8M | — |
| Q1 26 | -$0.04 | -$0.19 | -375.0% | — | $34.8M | — |
| Q4 25 | $0.07 | -$0.14 | -300.0% | — | $59.7M | — |
| Q3 25 | $0.06 | $0.1 | +66.7% | — | $71.7M | — |
| Q2 25 | $0.06 | $0.08 | +33.3% | — | $43.6M | — |
| Q1 25 | $0.04 | $0.02 | -50.0% | — | $49M | — |
| Q4 24 | $0.05 | $0.14 | +180.0% | — | $42.2M | — |
| Q3 24 | $0.03 | -$0.01 | -133.3% | — | $24.1M | — |
| Q2 24 | $0.06 | -$0.01 | -116.7% | — | $36.8M | — |
| Q1 24 | — | $0.21 | — | — | $48.1M | — |
| Q4 23 | $0.06 | $0.1 | +66.7% | — | $43.4M | — |
| Q3 23 | $0.01 | $0.02 | +100.0% | — | $30.3M | — |
| Q2 23 | $0.06 | $0.04 | -33.3% | — | $31.2M | — |
| Q1 23 | $0.02 | $0.03 | +50.0% | — | $21.9M | — |
| Q4 22 | -$0.07 | -$0.09 | -28.6% | — | $3M | — |
| Q3 22 | -$0.07 | -$0.06 | +14.3% | — | $0 | — |
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 | — | -$2.15 | — | — | $223.9M | — |
| FY24 | — | -$0.14 | — | — | $151.3M | — |
| FY23 | — | -$0.1 | — | — | $126.8M | — |
| FY22 | — | -$0.16 | — | — | $3M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $3M | $126.8M | $151.3M | $223.9M |
| YoY change | — | +4.1K% | +19.3% | +48% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| 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, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 3M | 126.8M | 151.3M | 223.9M |
| Cost of revenue | 748K | 50.3M | 123.2M | 160.3M |
| Gross profit | 2.3M | 76.5M | 28.1M | 63.6M |
| Gross margin | 75.4% | 60.3% | 18.6% | 28.4% |
| Research & development | — | — | — | — |
| Selling, general & administrative | 70.8M | 85.2M | 32.7M | 36.4M |
| Operating expenses | 70.4M | 72.9M | 23.9M | 202M |
| Operating income | -72.5M | -55.5M | -98.3M | -337.4M |
| Operating margin | -2.4K% | -43.7% | -65% | -150.7% |
| Non-operating income, net | 35.2M | 35.1M | 52.3M | -471.1M |
| Pretax income | -37.2M | -22.2M | -44.3M | -825.6M |
| Income tax | 1.8M | 3.6M | 318K | -3.3M |
| Net income | -39.1M | -25.8M | -44.6M | -822.2M |
| Net margin | -1.3K% | -20.3% | -29.5% | -367.2% |
| EBITDA | -104.1M | 2.1M | 5.9M | -544.3M |
| EPS | -0.16 | -0.1 | -0.14 | -2.15 |
| Diluted EPS | -0.16 | -0.1 | -0.14 | -2.15 |
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 | 30.3M | 43.4M | 48.1M | 36.8M | 24.1M | 42.2M | 49M | 43.6M | 71.7M | 59.7M | 34.8M | 24.8M |
| Cost of revenue | 13M | 13.3M | 27.9M | 30.6M | 29.8M | 34.9M | 29.2M | 31M | 41.2M | 59M | 52.7M | 57.4M |
| Gross profit | 17.3M | 30.1M | 20.3M | 6.2M | -5.7M | 7.3M | 19.8M | 12.6M | 30.5M | 730K | -17.9M | -32.6M |
| Gross margin | 57.1% | 69.4% | 42.1% | 17% | -23.6% | 17.3% | 40.4% | 28.9% | 42.6% | 1.22% | -51.3% | -131.1% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 23.9M | 22.5M | 6.1M | 8.4M | 8.9M | 9.3M | 9M | 9.1M | 8.2M | 10.2M | 11.7M | 16.5M |
| Operating expenses | 21.1M | 21.1M | 4.9M | 7.3M | 7.5M | 4.3M | 8.4M | 10.1M | 5.7M | 177.8M | 27.4M | 20.7M |
| Operating income | -20M | -7.8M | -1.9M | -21.3M | -41.8M | -33.3M | -32.1M | -41.6M | -34.8M | -228.9M | -64.3M | -72.6M |
| Operating margin | -66% | -17.9% | -3.88% | -57.8% | -173.5% | -78.9% | -65.7% | -95.4% | -48.5% | -383.4% | -184.5% | -292.5% |
| Non-operating income, net | 1.8M | 23.4M | 46.9M | 5.8M | -49.6M | 49.1M | -6.1M | -2.5M | 32M | -494.5M | -22.1M | -163.7M |
| Pretax income | -18.8M | 15.2M | 45.5M | -14.8M | -90.6M | 15.5M | -38.8M | -44.9M | -3.6M | -738.3M | -113.9M | -267.2M |
| Income tax | -1.1M | 4M | 5.6M | 528K | -3.8M | -2M | 144K | 917K | -303K | -4.1M | 407K | 367K |
| Net income | -17.7M | 11.2M | 39.9M | -15.3M | -86.8M | 17.5M | -39M | -45.8M | -3.3M | -734.2M | -114.3M | -267.5M |
| Net margin | -58.4% | 25.9% | 82.9% | -41.5% | -359.9% | 41.5% | -79.6% | -105.1% | -4.58% | -1.2K% | -328.1% | -1.1K% |
| EBITDA | -3.5M | 6.7M | 15.2M | 500K | -10.8M | 1M | 6.4M | 2.7M | 26.8M | -580.7M | -30.1M | -23.8M |
| EPS | -0.07 | — | 0.13 | -0.05 | -0.26 | — | -0.11 | -0.12 | -0.01 | — | -0.28 | -0.65 |
| Diluted EPS | -0.07 | — | 0.13 | -0.05 | -0.26 | — | -0.11 | -0.12 | -0.01 | — | -0.28 | -0.65 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | 139M | 1B | — | — | 6.9B |
| Enterprise value | — | 147.7M | 978.4M | — | — | 12.1B |
| Shares outstanding | — | 248.2M | 252.4M | 323.1M | 381.6M | 381.6M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 98.6 |
| P/S | — | 45.8 | 8.22 | — | — | 38.5 |
| P/B | — | 0.41 | 2.12 | — | — | 13.1 |
| EV/EBITDA | — | -1.42 | 472 | — | — | 126.3 |
| EV/Sales | — | 48.6 | 7.71 | — | — | 63.5 |
| Earnings yield | — | — | — | — | — | 1.01% |
| FCF yield | — | -179% | -14.3% | — | — | -41.7% |
| PEG | — | — | — | — | — | 0.22 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | 75.4% | 60.3% | 18.6% | 28.4% | -131.1% |
| Operating margin | — | -2.4K% | -43.7% | -65% | -150.7% | -301.7% |
| Net margin | — | -1.3K% | -20.3% | -29.5% | -367.2% | 28.4% |
| ROE | — | -11.4% | -5.25% | -6.55% | -98.4% | -167.5% |
| ROA | — | -9.33% | -4.55% | -5.22% | -19.2% | -0.8% |
| ROIC | — | -20.6% | -13% | -13.4% | -11.3% | -7.5% |
| Return on tangible assets | — | -9.36% | -4.69% | -5.33% | -19.9% | -15.2% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 1.18 | 4.6 | 1.28 | 3.79 | 3 |
| Quick ratio | — | 1.03 | 3.63 | 0.57 | 3.62 | 2.97 |
| Debt / equity | — | 0.06 | 0.04 | 0.08 | 3.31 | 9.51 |
| Debt / assets | — | 0.05 | 0.04 | 0.07 | 0.64 | 0.74 |
| Net debt / EBITDA | — | -0.08 | -30.9 | 8.61 | -3.93 | -7.82 |
| Interest coverage | — | -270.6 | -10.1 | -24.9 | -21.6 | -5.99 |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | — | 0.01 | 0.5 | 0.47 | 0.59 | 0.48 |
| EPS (basic) | — | -0.16 | -0.1 | -0.14 | -2.15 | -2.15 |
| EPS (diluted) | — | -0.16 | -0.1 | -0.14 | -2.15 | -2.86 |
| Book value per share | — | 1.38 | 1.95 | 2.11 | 2.19 | 1.36 |
| FCF per share | — | -1 | -0.59 | -1.21 | -1.84 | -3.65 |
| Cash per share | — | 0.05 | 0.34 | 0.02 | 1.65 | 2 |
| Capex per share | — | 0.92 | 0.22 | 0.94 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | 7.5K% | 42.9% | 199.9% | — | — |
| Capex / operating cash flow | — | 1.6K% | -87.9% | -622.7% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| Revenue | $30.3M | $43.4M | $48.1M | $36.8M | $24.1M | $42.2M | $49M | $43.6M | $71.7M | $59.7M | $34.8M | $24.8M |
| YoY change | +InfinityT% | +1.3K% | +119.9% | +17.9% | -20.5% | -2.75% | +1.71% | +18.4% | +197.5% | +41.4% | -28.8% | -43% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 209.8M | 11.9M | 86.1M | 5.6M | 628.3M |
| Receivables | 0 | 98K | 622K | 596K | 687K |
| Inventory | 0 | 6.3M | 33M | 92.7M | 125.4M |
| Total current assets | 223.7M | 47.7M | 155.5M | 168.2M | 2.7B |
| Property, plant & equipment | 120M | 269.3M | 281.7M | 874.4M | 578.1M |
| Goodwill & intangibles | — | 1.2M | 16.2M | 17.8M | 154.8M |
| Total assets | 354.2M | 418.5M | 566.1M | 855.4M | 4.3B |
| Accounts payable | 242K | 17.4M | 6.5M | 22.7M | 40.1M |
| Short-term debt | — | 3.9M | 4.6M | 39.2M | 43.8M |
| Total current liabilities | 499K | 40.3M | 33.8M | 131.8M | 699.1M |
| Long-term debt | 0 | 16.7M | 17.4M | 17.2M | 2.7B |
| Total liabilities | 636K | 75.6M | 74.8M | 173.5M | 3.5B |
| Shareholders' equity | 353.5M | 342.9M | 491.3M | 682M | 835.9M |
| Total debt | 0 | 20.7M | 22M | 56.4M | 2.8B |
| Net debt | -209.8M | 8.7M | -64.1M | 50.8M | 2.1B |
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 | 3.3M | 86.1M | 88.7M | 122.6M | 25.3M | 5.6M | 23.2M | 62.7M | 1.2B | 628.3M | 715.2M | 831.8M |
| Receivables | 360K | 622K | 680K | 286K | 226K | 596K | 758K | 1.6M | 696K | 687K | 8.5M | 20.1M |
| Inventory | 13.7M | 33M | 123.3M | 138.1M | 95.5M | 92.7M | 52M | 112.1M | 170.3M | 125.4M | 76.2M | 37.8M |
| Total current assets | 54.4M | 155.5M | 250.2M | 309.4M | 151.8M | 168.2M | 154.6M | 219.7M | 1.4B | 2.7B | 3.9B | 4.1B |
| Property, plant & equipment | 263.9M | 281.7M | 275.6M | 307.1M | 465.8M | 874.4M | 953M | 616.1M | 603.7M | 578.1M | 1.2B | 2.1B |
| Goodwill & intangibles | — | 16.2M | 16.3M | 17M | 51.5M | 17.8M | 18.1M | 18.5M | 18.9M | 154.8M | 154.3M | 153.9M |
| Total assets | 416.5M | 566.1M | 677.1M | 775.6M | 775.4M | 855.4M | 913.8M | 1B | 2.8B | 4.3B | 6.4B | 7.5B |
| Accounts payable | 6.2M | 6.5M | 7.5M | 13.7M | 13.2M | 22.7M | 29.9M | 14.9M | 12.5M | 40.1M | 197.9M | 289.1M |
| Short-term debt | 9.6M | 4.6M | 4.8M | 4.9M | 5.2M | 39.2M | 42.6M | 7.5M | 7.6M | 43.8M | 361.6M | 101.2M |
| Total current liabilities | 38.9M | 33.8M | 31M | 36.4M | 59.1M | 131.8M | 138.7M | 52.5M | 570.2M | 699.1M | 1.2B | 1.4B |
| Long-term debt | 15.7M | 17.4M | 16.1M | 18.5M | 18M | 17.2M | 15.8M | 181.8M | 1B | 2.7B | 4.4B | 5.5B |
| Total liabilities | 73.8M | 74.8M | 76.2M | 84.8M | 103.4M | 173.5M | 179M | 269.9M | 2.1B | 3.5B | 5.7B | 6.9B |
| Shareholders' equity | 342.7M | 491.3M | 600.9M | 690.8M | 672M | 682M | 734.8M | 748.9M | 783.2M | 835.9M | 739.9M | 587.7M |
| Total debt | 25.3M | 22M | 20.9M | 23.3M | 23.2M | 56.4M | 58.4M | 189.3M | 1B | 2.8B | 4.7B | 5.6B |
| Net debt | 21.9M | -64.1M | -67.7M | -99.2M | -2.2M | 50.8M | 35.2M | 126.6M | -163.5M | 2.1B | 4B | 4.8B |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -39.1M | -25.8M | -44.6M | -822.2M |
| Depreciation & amortization | 5.2M | 59.9M | 103.7M | 200.6M |
| Stock-based compensation | 41.5M | 38.5M | 42.1M | 52.8M |
| Change in working capital | 1M | -13.5M | 2.2M | — |
| Operating cash flow | 14.5M | -61.9M | -48.6M | -207.9M |
| Capital expenditure | -227.3M | -54.4M | -302.5M | — |
| Investing cash flow | -227.3M | 49.6M | -190.7M | 157.6M |
| Dividends paid | — | — | — | — |
| Share repurchases | -3.1M | -3.9M | -27.6M | -89.6M |
| Financing cash flow | -3.1M | 115.7M | 213.5M | 3.2B |
| Net change in cash | -216M | 103.4M | -25.8M | 3.1B |
| Free cash flow | -248.8M | -149.3M | -391.4M | -702.2M |
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 | 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 | -19.3M | 11.2M | 39.9M | -15.3M | -86.8M | 17.5M | -39M | -45.8M | -3.3M | -734.2M | -114.3M | -267.5M |
| Depreciation & amortization | 16.5M | 16.9M | 17.5M | 20.6M | 29M | 36.7M | 43.8M | 44.5M | 59.4M | 52.3M | 19.6M | 20.2M |
| Stock-based compensation | 10.7M | 9.8M | 8.3M | 13.3M | 10.2M | 10.3M | 9.1M | 10.5M | 8.2M | 25M | 27M | 30.5M |
| Change in working capital | 2M | -12.3M | 2.1M | -2.3M | 1.2M | 1.3M | -8.1M | 16.1M | 46.7M | — | 93.4M | -230.2M |
| Operating cash flow | 57.7M | -91.8M | 27.6M | -24.6M | -74.3M | 22.6M | -43.8M | -56.2M | -50.1M | -54.4M | 91.5M | -243.5M |
| Capital expenditure | -6M | -16.9M | -12.4M | -39.1M | -176.1M | -74.8M | -99.7M | — | — | — | — | — |
| Investing cash flow | -6.5M | -16.9M | -30.8M | -30.9M | -115.4M | -13.7M | -16.9M | 25.8M | 24.1M | 25M | 84.4M | 87.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -2.1M | -678K | -3.2M | -4.1M | -3.5M | -16.9M | -1.1M | -3.2M | -3M | -82.3M | -3.8M | -45.2M |
| Financing cash flow | 366K | 115.7M | 60.2M | 90.6M | 56.6M | -18.8M | 82.1M | 189.3M | 1.2B | 1.7B | 2B | 879.8M |
| Net change in cash | 51.5M | 7M | 57M | 35.2M | -133.2M | -9.8M | 21.4M | 158.8M | 1.2B | 1.7B | 2.1B | 723.7M |
| Free cash flow | 54.2M | -144.2M | -39.3M | -64.9M | -183M | -104.2M | -147.3M | -175.2M | -95.2M | -284.6M | -462.5M | -653.8M |