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 | $0.11 | 0.0% | — | $131.1M | — |
| Q1 26 | $0.1 | $0.12 | +20.0% | — | $128.3M | — |
| Q3 25 | $0.13 | $0.14 | +7.7% | — | $126M | — |
| Q2 25 | $0.11 | $0.12 | +9.1% | — | $113.3M | — |
| Q1 25 | $0.09 | $0.1 | +11.1% | — | $107.5M | — |
| Q4 24 | $0.1 | $0.1 | 0.0% | — | $109M | — |
| Q3 24 | $0.09 | $0.14 | +55.6% | — | $106.9M | — |
| Q2 24 | $0.05 | $0.1 | +100.0% | — | $95.7M | — |
| Q1 24 | $0.06 | $0.08 | +33.3% | — | $89.6M | — |
| Q4 23 | $0.06 | $0.12 | +100.0% | — | $93M | — |
| Q3 23 | $0.05 | $0.09 | +80.0% | — | $84.2M | — |
| Q2 23 | $0.02 | $0.05 | +150.0% | — | $76.7M | — |
| Q1 23 | $0.02 | $0.03 | +50.0% | — | $71.2M | — |
| Q4 22 | $0.07 | $0.08 | +14.3% | — | $74M | — |
| Q3 22 | $0.02 | $0.01 | -50.0% | — | $71.7M | — |
| Q1 22 | $0.02 | $0.01 | -50.0% | — | $62.4M | — |
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 | — | $0.32 | — | — | $475.7M | — |
| FY24 | — | -$1.35 | — | — | $401.2M | — |
| FY23 | — | -$0.43 | — | — | $325.1M | — |
| FY22 | — | $0.64 | — | — | $270.7M | — |
| FY21 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $171.9M | $194.9M | $246.2M | $270.7M | $325.1M | $401.2M | $475.7M |
| YoY change | — | +13.4% | +26.3% | +9.91% | +20.1% | +23.4% | +18.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 171.9M | 194.9M | 246.2M | 270.7M | 325.1M | 401.2M | 475.7M |
| Cost of revenue | 35.8M | 37.9M | 42.6M | 50.7M | 53.2M | 62.6M | 75.2M |
| Gross profit | 136M | 157M | 203.7M | 219.9M | 271.9M | 338.6M | 400.5M |
| Gross margin | 79.2% | 80.6% | 82.7% | 81.3% | 83.6% | 84.4% | 84.2% |
| Research & development | 46.6M | 54.4M | 65.5M | 80.6M | 84.4M | 98.4M | 113.9M |
| Selling, general & administrative | 90.2M | 93.4M | 124.3M | 138.2M | 154.3M | 183.3M | 220.1M |
| Operating expenses | 136.8M | 148.5M | 189.9M | 218.9M | 238.6M | 281.7M | 334M |
| Operating income | -1.5M | 9.2M | 13.8M | 1M | 33.2M | 56.9M | 66.5M |
| Operating margin | -0.88% | 4.73% | 5.61% | 0.39% | 10.2% | 14.2% | 14% |
| Non-operating income, net | -188K | -446K | -194K | 845K | 206K | -1.3M | 737K |
| Pretax income | 1.4M | 11.4M | 82.3M | 120.8M | -75.6M | -276M | 90.7M |
| Income tax | 3.3M | 5.6M | 10.9M | -45K | 5.5M | 7M | 12.4M |
| Net income | -1.9M | 5.8M | 71.4M | 120.8M | -81.1M | -283M | 78.3M |
| Net margin | -1.09% | 2.97% | 29% | 44.6% | -24.9% | -70.5% | 16.5% |
| EBITDA | 5.8M | 17.7M | 89.7M | 129.3M | -65.6M | -264M | 102.3M |
| EPS | -0.05 | -0.05 | 0.49 | 0.64 | -0.43 | -1.35 | 0.32 |
| Diluted EPS | -0.05 | -0.05 | 0.44 | 0.59 | -0.43 | -1.35 | 0.31 |
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 | 84.2M | 93M | 89.6M | 95.7M | 106.9M | 109M | 107.5M | 113.3M | 126M | 128.8M | 128.3M | 131.1M |
| Cost of revenue | 12.9M | 14.9M | 13.3M | 16.3M | 15.4M | 17.6M | 17.5M | 17.7M | 20.3M | 19.7M | 22.4M | 25.2M |
| Gross profit | 71.3M | 78.1M | 76.3M | 79.5M | 91.4M | 91.4M | 90.1M | 95.6M | 105.7M | 109.1M | 105.9M | 105.9M |
| Gross margin | 84.7% | 84% | 85.2% | 83% | 85.5% | 83.8% | 83.7% | 84.4% | 83.9% | 84.7% | 82.5% | 80.8% |
| Research & development | 20.5M | 21.8M | 23.2M | 23.7M | 25.9M | 25.6M | 27.3M | 28.6M | 28.1M | 29.9M | 35.9M | 36M |
| Selling, general & administrative | 37.4M | 41.3M | 43.9M | 43.3M | 46M | 50.1M | 50.5M | 52.6M | 58.6M | 58.5M | 60.9M | 63M |
| Operating expenses | 57.8M | 63.1M | 67.1M | 67M | 72M | 75.7M | 77.8M | 81.2M | 86.7M | 88.3M | 96.8M | 99M |
| Operating income | 13.5M | 15M | 9.2M | 12.5M | 19.4M | 15.7M | 12.3M | 14.4M | 19M | 20.8M | 9.1M | 6.9M |
| Operating margin | 16% | 16.1% | 10.3% | 13% | 18.2% | 14.4% | 11.4% | 12.7% | 15.1% | 16.2% | 7.11% | 5.3% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | 6.8M | -12.3M | -69.3M | -22M | -204.5M | 19.9M | 19.3M | 20.8M | 24.3M | 26.3M | 13.6M | 11.2M |
| Income tax | 349K | 2.3M | 2M | 1.8M | 2.6M | 628K | 1.9M | 1.3M | 4.1M | 5M | 2.7M | 4.8M |
| Net income | 6.5M | -14.6M | -71.4M | -23.8M | -207.1M | 19.3M | 17.4M | 19.5M | 20.2M | 21.3M | 10.9M | 6.4M |
| Net margin | 7.72% | -15.7% | -79.7% | -24.9% | -193.8% | 17.7% | 16.2% | 17.2% | 16% | 16.5% | 8.53% | 4.86% |
| EBITDA | 15.9M | -91M | 11.9M | -98M | 22.1M | -314.4M | 14.9M | 30.5M | 21.7M | 49.5M | 16.1M | 15.9M |
| EPS | 0.03 | -0.08 | -0.36 | — | -0.99 | 0.08 | 0.07 | 0.08 | 0.08 | 0.09 | 0.04 | 0.03 |
| Diluted EPS | 0.03 | -0.08 | -0.36 | — | -0.99 | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 | 0.04 | 0.02 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | 2B | — | — | 1.6B | — | — | 2.8B |
| Enterprise value | — | 1.7B | — | — | 1.4B | — | — | 2.4B |
| Shares outstanding | 187.2M | 187.2M | 144M | 182.7M | 190.2M | 209.5M | 241.6M | 241.6M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | 340.9 | — | — | — | — | — | 46.1 |
| P/S | — | 10.1 | — | — | 5.07 | — | — | 5.41 |
| P/B | — | 30.9 | — | — | 48.1 | — | — | 5.16 |
| EV/EBITDA | — | 97.8 | — | — | -20.7 | — | — | 30.1 |
| EV/Sales | — | 8.89 | — | — | 4.18 | — | — | 4.58 |
| Earnings yield | — | 0.29% | — | — | — | — | — | 2.17% |
| FCF yield | — | 3.06% | — | — | 5.72% | — | — | 4.49% |
| PEG | — | — | — | — | — | — | — | -0.74 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 79.2% | 80.6% | 82.7% | 81.3% | 83.6% | 84.4% | 84.2% | 80.8% |
| Operating margin | -0.88% | 4.73% | 5.61% | 0.39% | 10.2% | 14.2% | 14% | 5.3% |
| Net margin | -1.09% | 2.97% | 29% | 44.6% | -24.9% | -70.5% | 16.5% | 11.4% |
| ROE | -3.19% | 9.06% | -97.3% | 163.5% | -237.1% | -84.2% | 16.2% | 12.4% |
| ROA | -0.67% | 1.59% | 21% | 30% | -15.2% | -41% | 8.34% | 3.92% |
| ROIC | 0% | -2.69% | -4.7% | -1.11% | -13.1% | -56.8% | 82.1% | 36.7% |
| Return on tangible assets | -0.67% | 1.74% | 27.1% | 36.9% | -17.7% | -46.4% | 14.6% | 11.5% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.64 | 2.03 | 1.46 | 1.42 | 1.66 | 1.92 | 1.56 | 1.62 |
| Quick ratio | 2.6 | 2 | 1.43 | 1.38 | 1.62 | 1.89 | 1.54 | 1.6 |
| Debt / equity | — | — | 0 | 0.21 | 0.41 | 0.03 | 0.05 | 0.04 |
| Debt / assets | — | — | 0 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 |
| Net debt / EBITDA | — | — | -2.03 | -1.3 | 4.4 | 1.65 | -4.05 | -4.07 |
| Interest coverage | 11.9 | — | 538.9 | 811.5 | -534.9 | -9.5K | 174.4 | 174.4 |
| Effective tax rate | 100% | 49.3% | 13.3% | 0% | 0% | 0% | 13.6% | 22% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.92 | 1.04 | 1.71 | 1.48 | 1.71 | 1.92 | 1.97 | 2.09 |
| EPS (basic) | -0.05 | -0.05 | 0.49 | 0.64 | -0.43 | -1.35 | 0.32 | 0.32 |
| EPS (diluted) | -0.05 | -0.05 | 0.44 | 0.59 | -0.43 | -1.35 | 0.31 | 0.24 |
| Book value per share | 0.31 | 0.34 | -0.51 | 0.4 | 0.18 | 1.6 | 2 | 2.15 |
| FCF per share | 0.05 | 0.32 | 0.19 | 0.06 | 0.5 | 0.58 | 0.66 | 0.51 |
| Cash per share | 1.07 | 1.27 | 1.26 | 1.01 | 1.59 | 2.14 | 1.81 | 1.76 |
| Capex per share | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 | 0.04 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.61% | 3.17% | 2.08% | 2.55% | 1.61% | 2.14% | — | — |
| Capex / operating cash flow | 32% | 14.1% | 9.98% | 9.58% | 6.75% | 236.4% | — | — |
| Payout ratio | -1.3K% | 173% | 140.1% | 0% | 0% | — | — | 0% |
| Dividend yield | — | 0.51% | — | — | 0% | — | — | — |
| $0.49 |
| — |
| — |
| $246.2M |
| — |
| FY20 | — | -$0.05 | — | — | $194.9M | — |
| FY19 | — | -$0.05 | — | — | $171.9M | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $84.2M | $93M | $89.6M | $95.7M | $106.9M | $109M | $107.5M | $113.3M | $126M | $128.8M | $128.3M | $131.1M |
| YoY change | +17.4% | +25.7% | +25.8% | +24.8% | +26.9% | +17.2% | +20.1% | +18.3% | +17.9% | +18.1% | +19.3% | +15.8% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 200.3M | 237.6M | 181.6M | 183.6M | 302.9M | 447.2M | 437.1M |
| Receivables | 44.2M | 66.3M | 67.5M | 78.8M | 77.3M | 82.4M | 105M |
| Inventory | 4M | 4.8M | 6.5M | 10.2M | 9.9M | 8.9M | 7.6M |
| Total current assets | 261.9M | 324.3M | 273.2M | 295.9M | 422.1M | 567.6M | 575.9M |
| Property, plant & equipment | 14.8M | 16.1M | 16.8M | 32.9M | 30.2M | 27.6M | 38.5M |
| Goodwill & intangibles | 0 | 32.1M | 76.1M | 76.2M | 74.8M | 80M | 402.1M |
| Total assets | 280.2M | 364.4M | 339.8M | 403.3M | 532.9M | 690.6M | 938.9M |
| Accounts payable | 5.4M | 4.7M | 9.5M | 4.6M | 8.3M | 11.1M | 16.8M |
| Short-term debt | — | — | — | 5M | 5M | 4.1M | 4M |
| Total current liabilities | 99.2M | 159.4M | 186.6M | 207.8M | 253.8M | 295.5M | 369.7M |
| Long-term debt | — | — | 0 | 10.4M | 9.2M | 6.8M | 18.7M |
| Total liabilities | 221.4M | 300.6M | 413.1M | 329.4M | 498.7M | 354.5M | 454.5M |
| Shareholders' equity | 58.8M | 63.8M | -73.3M | 73.9M | 34.2M | 336M | 484.3M |
| Total debt | — | — | 0 | 15.4M | 14.1M | 11M | 22.7M |
| Net debt | — | — | -146M | -72.3M | -175.4M | -180.7M | -101.8M |
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 | 263.7M | 302.9M | 276.6M | 305.3M | 370.8M | 447.2M | 409.5M | 472.2M | 525.7M | 437.1M | 429.1M | 442.5M |
| Receivables | 69.6M | 77.3M | 61.6M | 70.7M | 93.7M | 82.4M | 81.1M | 93.1M | 104.2M | 105M | 72.7M | 110.8M |
| Inventory | 11.2M | 9.9M | 9.3M | 8.8M | 9.7M | 8.9M | 9M | 9.5M | 8.6M | 7.6M | 7.5M | 8.4M |
| Total current assets | 374.3M | 422.1M | 378.1M | 414.8M | 501.5M | 567.6M | 523.5M | 606.1M | 668.4M | 575.9M | 540.9M | 589.7M |
| Property, plant & equipment | 28M | 30.2M | 28.6M | 27.5M | 28M | 27.6M | 28M | 37.4M | 38.8M | 38.5M | 39.6M | 41M |
| Goodwill & intangibles | 76M | 74.8M | 74.5M | 73.3M | 80.1M | 80M | 79.3M | 77.9M | 77M | 402.1M | 495.1M | 482.9M |
| Total assets | 476.9M | 532.9M | 529.1M | 556.6M | 629.2M | 690.6M | 709.9M | 787.4M | 834.3M | 938.9M | 952.3M | 994.3M |
| Accounts payable | 8M | 8.3M | 7M | 6.5M | 7.3M | 11.1M | 10.2M | 10.6M | 11.1M | 16.8M | 10.9M | 18.1M |
| Short-term debt | 4.7M | 5M | 4.8M | 4.5M | 4.5M | 4.1M | 4.2M | 4.2M | 3.6M | 4M | 4.6M | 5.7M |
| Total current liabilities | 226.8M | 253.8M | 234.6M | 237.2M | 272.9M | 295.5M | 287.8M | 310M | 316.9M | 369.7M | 350.2M | 364.2M |
| Long-term debt | 7.3M | 9.2M | 8.1M | 7.2M | 7.8M | 6.8M | 6.4M | 18.1M | 17.8M | 18.7M | 18.2M | 17.5M |
| Total liabilities | 439M | 498.7M | 555.8M | 596.7M | 330.9M | 354.5M | 346.4M | 379M | 386.6M | 454.5M | 441.7M | 456.2M |
| Shareholders' equity | 37.9M | 34.2M | -26.7M | -40.2M | 298.3M | 336M | 363.5M | 408.4M | 447.7M | 484.3M | 510.5M | 538.1M |
| Total debt | 12M | 14.1M | 12.9M | 11.7M | 12.3M | 11M | 10.6M | 22.3M | 21.4M | 22.7M | 22.8M | 23.2M |
| Net debt | -125M | -175.4M | -109.5M | -95.3M | -124.1M | -180.7M | -79.9M | -156.9M | -259.9M | -101.8M | -110.9M | -118M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -1.9M | 5.8M | 71.4M | 120.8M | -81.1M | -283M | 78.3M |
| Depreciation & amortization | 4.1M | 5.9M | 7M | 9.2M | 10M | 10.6M | 11.9M |
| Stock-based compensation | 12.8M | 7.3M | 6.5M | 13.7M | 19M | 30.6M | 44.9M |
| Change in working capital | 6M | 26.9M | 23.9M | 11.7M | 47M | 21.3M | 36.7M |
| Operating cash flow | 19.4M | 43.7M | 51.2M | 72M | 77.5M | 3.6M | 173.5M |
| Capital expenditure | -6.2M | -6.2M | -5.1M | -6.9M | -5.2M | -8.6M | — |
| Investing cash flow | -6.2M | -6.4M | 48.2M | -89M | -19.9M | -147.4M | -255M |
| Dividends paid | -25M | -10M | -100M | 0 | 0 | — | — |
| Share repurchases | -808K | -85K | 0 | 0 | — | — | — |
| Financing cash flow | 176.7M | -8.6M | -70.7M | 0 | 0 | -11K | — |
| Net change in cash | 190M | 28.7M | 28.7M | -17.1M | 57.7M | -143.8M | -81.5M |
| Free cash flow | 9.9M | 60.3M | 27.9M | 11.5M | 94.1M | 121.6M | 160.3M |
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 | 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 | 6.5M | -14.6M | -71.4M | -23.8M | -207.1M | 19.3M | 17.4M | 19.5M | 20.2M | 21.3M | 10.9M | 6.4M |
| Depreciation & amortization | 2.4M | 2.6M | 2.7M | 2.6M | 2.6M | 2.7M | 2.6M | 2.6M | 2.7M | 3.9M | 7M | 8.9M |
| Stock-based compensation | 4.9M | 5.1M | 5.7M | 6.6M | 9.1M | 9.3M | 8.8M | 8.8M | 15.3M | 12M | 14.4M | 15.2M |
| Change in working capital | 2.3M | 18M | 2.7M | -11.9M | -837K | 31.4M | 2M | -8.3M | 5M | 37.9M | 6.6M | -22.2M |
| Operating cash flow | 24M | 31M | -4.5M | -8.4M | -41.4M | 58M | 28.1M | 32.6M | 33.3M | 86.8M | 19.9M | 17.6M |
| Capital expenditure | -1.1M | -2.3M | -1.5M | -2.1M | -1.8M | -3.2M | -2.3M | — | — | — | — | — |
| Investing cash flow | -10.9M | 5.8M | -81M | -33M | -18.7M | -14.8M | -126.5M | 44.2M | 67.1M | -242.2M | -3.5M | -2.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | -11K | 0 | — | — | — | — | — | — |
| Net change in cash | 13.1M | 36.8M | -85.5M | -41.4M | -60.1M | 43.2M | -98.4M | 76.8M | 100.4M | -155.3M | 16.4M | 15.5M |
| Free cash flow | 28.1M | 38.9M | 7.9M | 12.2M | 39.8M | 61.6M | 18.5M | 29M | 29.9M | 82.9M | 9.8M | 6M |