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 | $0.64 | $0.79 | +23.4% | — | $149.4M | — |
| Q4 25 | $0.42 | $0.4 | -4.8% | — | $152.6M | — |
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 | — | $1.75 | — | — | $589M | — |
| FY24 | — | $1.38 | — | — | $491.7M | — |
| FY23 | — | $0.67 | — | — | $398.2M | — |
| FY22 | — | $0.8 | — | — | $214.2M | — |
| FY21 | — | $0.38 | — | — | $140.8M | — |
| FY20 | — | $0.72 | — | — | $119.1M | — |
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 | $119.1M | $140.8M | $214.2M | $398.2M | $491.7M | $589M |
| YoY change | — | +18.3% | +52.1% | +85.9% | +23.5% | +19.8% |
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 |
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 | 119.1M | 140.8M | 214.2M | 398.2M | 491.7M | 589M |
| Cost of revenue | 17M | 21.9M | 34.4M | 52M | 68.8M | 87.3M |
| Gross profit | 102M | 118.9M | 179.8M | 346.2M | 422.9M | 501.7M |
| Gross margin | 85.7% | 84.5% | 83.9% | 86.9% | 86% | 85.2% |
| Research & development | 16.5M | 16.9M | 19.8M | 93.2M | 12.6M | 12.7M |
| Selling, general & administrative | 44.2M | 49.6M | 57.1M | 133.7M | 177.7M | 193.8M |
| Operating expenses | 60.7M | 66.6M | 76.9M | 226.9M | 190.4M | 206.5M |
| Operating income | 41.3M | 52.4M | 101.8M | 86.8M | 195.1M | 257.8M |
| Operating margin | 34.7% | 37.2% | 47.5% | 21.8% | 39.7% | 43.8% |
| Non-operating income, net | 587K | 282K | 2.9M | 7.7M | 5.1M | 972K |
| Pretax income | 41.9M | 52.7M | 104.7M | 94.5M | 216.3M | 283.5M |
| Income tax | -33.1M | 13.2M | 21.6M | 23.1M | 52.4M | 69.2M |
| Net income | 75M | 39.5M | 83.1M | 71.4M | 163.9M | 214.3M |
| Net margin | 63% | 28% | 38.8% | 17.9% | 33.3% | 36.4% |
| EBITDA | 41.4M | 52.6M | 103.1M | 119.7M | 227.8M | 294.7M |
| EPS | 0.72 | 0.38 | 0.8 | 0.67 | 1.38 | 1.75 |
| Diluted EPS | 0.71 | 0.37 | 0.75 | 0.63 | 1.31 | 1.68 |
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 | — | — | 146.6M | 148.4M | 152.6M | 149.4M |
| Cost of revenue | — | — | 20.6M | 22.7M | 26.1M | 14.5M |
| Gross profit | — | — | 125.9M | 125.7M | 126.5M | 134.9M |
| Gross margin | — | — | 85.9% | 84.7% | 82.9% | 90.3% |
| Research & development | — | — | 4.4M | 2.7M | 1.8M | 2.7M |
| Selling, general & administrative | — | — | 45.9M | 47.5M | 53.4M | 49.3M |
| Operating expenses | — | — | 50.3M | 50.1M | 55.2M | 52M |
| Operating income | — | — | 66.3M | 66.3M | 61.8M | 73.2M |
| Operating margin | — | — | 45.2% | 44.7% | 40.5% | 49% |
| Non-operating income, net | — | — | -3M | -2.1M | 3.4M | 4.8M |
| Pretax income | — | — | 69.3M | 71M | 71.9M | 84.2M |
| Income tax | — | — | 17.2M | 18.3M | 19.2M | 20.5M |
| Net income | — | — | 52.1M | 52.8M | 52.7M | 63.7M |
| Net margin | — | — | 35.6% | 35.6% | 34.5% | 42.7% |
| EBITDA | 65.6M | 70.2M | 78.7M | 77.8M | 68M | 78.3M |
| EPS | 0.47 | 0.47 | 0.43 | 0.43 | 0.43 | 0.52 |
| Diluted EPS | 0.44 | 0.45 | 0.41 | 0.42 | 0.41 | 0.5 |
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 | 345.7M | 699.9M | 1.9B | 1.8B | — | 2.9B | 3.9B |
| Enterprise value | 205.5M | 512.8M | 1.6B | 1.7B | — | 2.1B | 3.1B |
| Shares outstanding | 103.5M | 103.4M | 103.4M | 106.3M | 118.5M | 122.3M | 122.3M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | 4.61 | 17.7 | 23.1 | 25 | — | 13.3 | 18.2 |
| P/S | 2.9 | 4.97 | 8.98 | 4.49 | — | 4.85 | 6.46 |
| P/B | 2.04 | 3.38 | 6.4 | 4.61 | — | 2.99 | 3.8 |
| EV/EBITDA | 4.96 | 9.75 | 15.8 | 13.8 | — | 7.29 | 10.1 |
| EV/Sales | 1.73 | 3.64 | 7.6 | 4.15 | — | 3.65 | 5.19 |
| Earnings yield | 21.7% | 5.64% | 4.32% | 4% | — | 7.51% | 5.49% |
| FCF yield | 13% | 8.48% | 6.03% | 3.46% | — | 7.31% | 4.46% |
| PEG | — | — | — | — | — | — | 1.71 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 85.7% | 84.5% | 83.9% | 86.9% | 86% | 85.2% | 90.3% |
| Operating margin | 34.7% | 37.2% | 47.5% | 21.8% | 39.7% | 43.8% | 49% |
| Net margin | 63% | 28% | 38.8% | 17.9% | 33.3% | 36.4% | 37.1% |
| ROE | 44.2% | 19.1% | 27.7% | 18.4% | 22.5% | 22.5% | 24.5% |
| ROA | 39% | 16.6% | 22.1% | 15.2% | 19.2% | 19.4% | 16.3% |
| ROIC | 140.7% | 198.7% | 1.4K% | 25.8% | 69.3% | 78.6% | 77% |
| Return on tangible assets | 39% | 16.6% | 26.7% | 87.1% | 30.5% | 25.5% | 24.5% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 7 | 7.76 | 5.57 | 2.88 | 5.17 | 6.08 | 7.1 |
| Quick ratio | 6.79 | 7.47 | 5.45 | 2.68 | 5.01 | 5.82 | 6.84 |
| Debt / equity | 0 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 |
| Debt / assets | 0 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 |
| Net debt / EBITDA | -3.39 | -3.56 | -2.86 | -1.12 | -2.26 | -2.4 | -2.49 |
| Effective tax rate | 0% | 25% | 20.7% | 24.4% | 24.2% | 24.4% | 25.3% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 1.15 | 1.36 | 2.07 | 3.75 | 4.15 | 4.82 | 4.87 |
| EPS (basic) | 0.72 | 0.38 | 0.8 | 0.67 | 1.38 | 1.75 | 1.75 |
| EPS (diluted) | 0.71 | 0.37 | 0.75 | 0.63 | 1.31 | 1.68 | 1.73 |
| Book value per share | 1.64 | 2 | 2.91 | 3.65 | 6.14 | 7.8 | 8.29 |
| FCF per share | 0.43 | 0.57 | 1.12 | 0.58 | 2.02 | 1.71 | 1.64 |
| Cash per share | 1.36 | 1.85 | 2.89 | 1.3 | 4.37 | 5.8 | 6.18 |
| Capex per share | 0 | 0.01 | 0 | 0 | 0 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.01% | 0.72% | 0.01% | 0.06% | 0.11% | — | — |
| Capex / operating cash flow | 0.02% | 2.01% | 0.03% | 0.16% | 0.28% | — | — |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| — |
| $146.6M |
| $148.4M |
| $152.6M |
| $149.4M |
| YoY change | — | — | — | — | — | — |
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 | 140.3M | 191.3M | 298.4M | 137.6M | 517.6M | 709.2M |
| Receivables | 6M | 6.6M | 10.4M | 53.5M | 65.5M | 126.5M |
| Inventory | 4.7M | 7.9M | 6.8M | 15.6M | 19.5M | 37.2M |
| Total current assets | 159.2M | 210.1M | 320.8M | 219.3M | 623.6M | 894M |
| Property, plant & equipment | 259.8K | 4M | 3.6M | 3.7M | 3.6M | 3M |
| Goodwill & intangibles | — | 0 | 64.9M | 388.1M | 313.3M | 263.3M |
| Total assets | 192.4M | 237.8M | 375.6M | 470.1M | 851.4M | 1.1B |
| Accounts payable | 4.3M | 2.8M | 4M | 14.8M | 16.6M | 11.2M |
| Short-term debt | 29K | 308K | 337K | 369K | 402K | 437K |
| Total current liabilities | 22.8M | 27.1M | 57.6M | 76.1M | 120.7M | 147.2M |
| Long-term debt | 0 | 3.9M | 3.6M | 3.2M | 2.8M | 2.4M |
| Total liabilities | 22.8M | 31M | 75.2M | 82.2M | 123.8M | 149.7M |
| Shareholders' equity | 169.6M | 206.8M | 300.4M | 387.9M | 727.6M | 954.3M |
| Total debt | 29K | 4.2M | 3.9M | 3.6M | 3.2M | 2.8M |
| Net debt | -130.2M | -167.2M | -294.5M | -134.1M | -514.4M | -706.4M |
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 | 517.6M | 580.7M | 652.8M | 689.9M | 709.2M | 755.9M |
| Receivables | 65.5M | 71.3M | 65.9M | 106.4M | 126.5M | 130.8M |
| Inventory | 19.5M | 19.8M | 18.6M | 28M | 37.2M | 34.9M |
| Total current assets | 623.6M | 685.7M | 758.7M | 852.5M | 894M | 940.4M |
| Property, plant & equipment | 3.6M | 3.4M | 3.2M | 3.1M | 3M | 2.9M |
| Goodwill & intangibles | 313.3M | 294.7M | 276M | 257.3M | 263.3M | 243.9M |
| Total assets | 851.4M | 908.9M | 971.9M | 1.1B | 1.1B | 1.1B |
| Accounts payable | 16.6M | 11.2M | 5.5M | 9.1M | 11.2M | 7.2M |
| Short-term debt | 402K | 410K | 419K | 428K | 437K | 446K |
| Total current liabilities | 120.7M | 111.6M | 113M | 128.7M | 147.2M | 132.4M |
| Long-term debt | 2.8M | 2.7M | 2.6M | 2.5M | 2.4M | 2.2M |
| Total liabilities | 123.8M | 114.6M | 115.9M | 131.4M | 149.7M | 134.9M |
| Shareholders' equity | 727.6M | 794.3M | 856M | 920.2M | 954.3M | 1B |
| Total debt | 3.2M | 3.1M | 3M | 2.9M | 2.8M | 2.7M |
| Net debt | -514.4M | -577.6M | -649.8M | -687M | -706.4M | -753.2M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | 75M | 39.5M | 83.1M | 71.4M | 163.9M | 214.3M |
| Depreciation & amortization | 92K | 192K | 1.2M | 32.9M | 37.8M | 37.9M |
| Stock-based compensation | 6.3M | 6.1M | 7.9M | 14.3M | 22.3M | 24.8M |
| Change in working capital | 1.1M | -4.5M | -1.9M | -37.3M | -14.4M | -84.9M |
| Operating cash flow | 50.2M | 50.9M | 99.7M | 146.6M | 199.5M | 208.7M |
| Capital expenditure | -11K | -1M | -29K | -231K | -556K | — |
| Investing cash flow | -5M | -11M | 9.2M | -212M | -556K | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | 0 | -12.1M | -6.9M | 0 | -296K | -25.3M |
| Financing cash flow | -56K | -12.2M | -7.9M | -13.6M | 127.2M | -31.7M |
| Net change in cash | 45.2M | 27.6M | 101M | -79M | 326.1M | 177M |
| Free cash flow | 45M | 59.4M | 116M | 61.9M | 239.3M | 208.6M |
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 | 55.9M | 56.7M | 52.1M | 52.8M | 52.7M | 63.7M |
| Depreciation & amortization | 9.5M | 9.5M | 9.5M | 9.4M | 9.5M | 9.8M |
| Stock-based compensation | 5.2M | 5.8M | 7.6M | 5.7M | 5.7M | 6.3M |
| Change in working capital | -1.8M | -11.5M | 88K | -46.2M | -27.3M | -6.3M |
| Operating cash flow | 71.4M | 58.2M | 71.3M | 32.4M | 44.9M | 59.6M |
| Capital expenditure | -88K | 0 | — | — | — | — |
| Investing cash flow | -88K | 0 | — | — | — | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | 0 | 0 | -25.3M | -14.6M |
| Financing cash flow | -1.6M | -1.7M | -1.3M | -1.1M | -27.5M | -16.2M |
| Net change in cash | 69.7M | 56.5M | 70M | 31.3M | 17.4M | 43.4M |
| Free cash flow | 70.8M | 60M | 71.3M | 32.4M | 44.9M | 59.6M |