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 | -$0.08 | -$0.1 | -25.0% | — | $44.1M | — |
| Q4 25 | $0.02 | -$0.29 | -1550.0% | — | $62.1M | — |
| Q2 25 | -$0.01 | -$0.01 | 0.0% | — | $45.6M | — |
| Q1 25 | $0.01 | -$0.03 | -400.0% | — | $41.5M | — |
| Q4 24 | $0.1 | $0.12 | +20.0% | — | $57.5M | — |
| Q3 24 | $0.04 | $0.06 | +50.0% | — | $51.5M | — |
| Q2 24 | $0.01 | -$0.01 | -200.0% | — | $46.6M | — |
| Q1 24 | — | -$0.01 | — | — | $44.9M | — |
| Q4 23 | $0.04 | $0.08 | +100.0% | — | $58.2M | — |
| Q3 23 | $0.02 | -$0.01 | -150.0% | — | $48M | — |
| Q2 23 | $0.03 | -$0.03 | -200.0% | — | $49.7M | — |
| Q4 22 | $0.05 | $0.06 | +20.0% | — | $48.3M | — |
| Q3 22 | $0.02 | $0.04 | +100.0% | — | $40.5M | — |
| Q2 22 | $0.02 | $0.03 | +50.0% | — | $40.2M | — |
| Q1 22 | — | $0.01 | — | — | $35.1M | — |
| Q4 21 | $0.03 | $0.03 | 0.0% | — | $38.9M | — |
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 | — | -$0.52 | — | — | $201.5M | — |
| FY24 | — | -$0.05 | — | — | $200.5M | — |
| FY23 | — | -$0.09 | — | — | $193M | — |
| FY22 | — | $0.02 | — | — | $164M | — |
| FY21 | — | $0 |
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 | $57.9M | $92.8M | $128M | $164M | $193M | $200.5M | $201.5M |
| YoY change | — | +60.4% | +37.8% | +28.2% | +17.7% | +3.85% | +0.52% |
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 |
|---|
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 | 57.9M | 92.8M | 128M | 164M | 193M | 200.5M | 201.5M |
| Cost of revenue | 29.2M | 41.1M | 48.8M | 63.1M | 83.6M | 89.3M | 97M |
| Gross profit | 28.7M | 51.7M | 79.1M | 101M | 109.4M | 111.1M | 104.5M |
| Gross margin | 49.5% | 55.7% | 61.9% | 61.6% | 56.7% | 55.4% | 51.8% |
| Research & development | 8.9M | 13.7M | 24.4M | 34.9M | 44.2M | 39.4M | 36.5M |
| Selling, general & administrative | 17M | 24.4M | 45.5M | 67.9M | 93.1M | 92.2M | 108.4M |
| Operating expenses | 25.9M | 38.1M | 70M | 102.8M | 137.3M | 131.6M | 144.8M |
| Operating income | 2.8M | 13.7M | 9.2M | -1.8M | -27.8M | -20.5M | -40.4M |
| Operating margin | 4.77% | 14.7% | 7.16% | -1.1% | -14.4% | -10.2% | -20% |
| Non-operating income, net | -19.8M | 994K | -1.5M | 1M | 7.8M | 4.5M | 8.8M |
| Pretax income | -16.3M | 14.4M | 5.9M | 1.3M | -15.7M | -5.7M | -29.8M |
| Income tax | 533K | -5M | 2.9M | -1.2M | -3.6M | 320K | 36.7M |
| Net income | -16.8M | 19.4M | 3M | 2.5M | -12.1M | -6M | -66.5M |
| Net margin | -29.1% | 20.9% | 2.37% | 1.51% | -6.29% | -3% | -33% |
| EBITDA | 4M | 15.4M | 8.9M | 9.5M | -4.4M | -10M | -17.4M |
| EPS | -0.16 | 0.1 | 0 | 0.02 | -0.09 | -0.05 | -0.52 |
| Diluted EPS | -0.16 | 0.09 | 0 | 0.02 | -0.09 | -0.05 | -0.52 |
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 | 48M | 58.2M | 44.9M | 46.6M | 51.5M | 57.5M | 41.5M | 45.6M | 52.3M | 62.1M | 44.1M | 48.1M |
| Cost of revenue | 20.8M | 25.2M | 21.8M | 21.2M | 22.5M | 23.8M | 21.3M | 21.7M | 24.7M | 29.3M | 22.9M | 19.8M |
| Gross profit | 27.2M | 33M | 23M | 25.4M | 29M | 33.7M | 20.2M | 23.9M | 27.6M | 32.9M | 21.3M | 28.3M |
| Gross margin | 56.6% | 56.8% | 51.3% | 54.6% | 56.3% | 58.5% | 48.6% | 52.3% | 52.7% | 52.9% | 48.2% | 58.9% |
| Research & development | 11.2M | 10.9M | 9.8M | 10M | 9.9M | 9.7M | 9.7M | 8.8M | 9M | 9M | 9.6M | 9.7M |
| Selling, general & administrative | 22.4M | 22.3M | 24M | 24M | 23.4M | 20.9M | 25.4M | 25.7M | 27.8M | 29.5M | 30.1M | 30M |
| Operating expenses | 33.6M | 33.2M | 33.7M | 34M | 33.3M | 30.7M | 35.1M | 34.5M | 36.7M | 38.5M | 39.7M | 39.7M |
| Operating income | -6.4M | -137K | -10.7M | -8.5M | -4.2M | 3M | -15M | -10.6M | -9.2M | -5.6M | -18.5M | -11.4M |
| Operating margin | -13.4% | -0.24% | -23.9% | -18.3% | -8.25% | 5.2% | -36.1% | -23.3% | -17.6% | -9% | -41.8% | -23.7% |
| Non-operating income, net | 1.2M | 3.2M | 823K | 59K | 3.1M | 491K | 3.5M | 3.7M | 1.3M | 258K | 565K | -781K |
| Pretax income | -4.2M | 4.1M | -9M | -7.2M | 157K | 10.3M | -11.3M | -6.8M | -7.8M | -4M | -17.4M | -11.6M |
| Income tax | 2.3M | -1.4M | -2.8M | 3.2M | -784K | 680K | 136K | -1.2M | -2.3M | 40M | 1.5M | 515K |
| Net income | -6.5M | 5.5M | -6.2M | -10.4M | 941K | 9.6M | -11.4M | -5.6M | -5.5M | -44.1M | -18.9M | -12.2M |
| Net margin | -13.5% | 9.45% | -13.8% | -22.4% | 1.83% | 16.8% | -27.5% | -12.2% | -10.5% | -70.9% | -42.7% | -25.3% |
| EBITDA | -1M | 6.9M | -6.1M | -4.6M | 3.1M | -2.5M | -8.1M | -3.4M | -4.2M | -1.7M | -14.3M | -8.4M |
| EPS | -0.05 | — | -0.05 | -0.08 | 0.01 | — | -0.09 | -0.04 | -0.04 | -0.34 | -0.15 | -0.09 |
| Diluted EPS | -0.05 | — | -0.05 | -0.08 | 0.01 | — | -0.09 | -0.04 | -0.04 | -0.34 | -0.15 | -0.09 |
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 | — | — | — | — | 1.2B | 847.7M | 645.1M | 746.1M |
| Enterprise value | — | — | — | — | 943.8M | 586.8M | 407.3M | 498.9M |
| Shares outstanding | 102M | 31.6M | 76.7M | 134.5M | 130.7M | 130.6M | 127.7M | 127.7M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 374.5 |
| P/S | — | — | — | — | 6.18 | 4.23 | 3.2 | 3.63 |
| P/B | — | — | — | — | 3.03 | 2.14 | 1.89 | 2.33 |
| EV/EBITDA | — | — | — | — | -214.1 | -58.5 | -23.4 | -12.5 |
| EV/Sales | — | — | — | — | 4.89 | 2.93 | 2.02 | 2.41 |
| Earnings yield | — | — | — | — | — | — | — | 0.27% |
| FCF yield | — | — | — | — | 0.04% | 2.55% | -1.38% | 1.25% |
| PEG | — | — | — | — | — | — | — | 3 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 49.5% | 55.7% | 61.9% | 61.6% | 56.7% | 55.4% | 51.8% | 58.9% |
| Operating margin | 4.77% | 14.7% | 7.16% | -1.1% | -14.4% | -10.2% | -20% | -29.5% |
| Net margin | -29.1% | 20.9% | 2.37% | 1.51% | -6.29% | -3% | -33% | -39% |
| ROE | 40.4% | -121.1% | 0.75% | 0.58% | -3.09% | -1.52% | -19.5% | -23% |
| ROA | -23.9% | 8.82% | 0.65% | 0.48% | -2.46% | -1.21% | -14.4% | -6.31% |
| ROIC | -3.85% | -7.65% | 11.5% | -1.76% | -19.2% | -15.2% | -38.8% | -51.7% |
| Return on tangible assets | -24.4% | 8.88% | 0.7% | 0.51% | -2.92% | -1.41% | -16.9% | -21% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.22 | 7.86 | 13 | 9.26 | 6.97 | 5.86 | 5.04 | 4.48 |
| Quick ratio | 2.34 | 6.99 | 12 | 8.28 | 5.89 | 5.21 | 4.42 | 3.86 |
| Debt / equity | — | -0.17 | 0 | 0.04 | 0.04 | 0.04 | 0.07 | 0.08 |
| Debt / assets | — | 0.01 | 0 | 0.03 | 0.03 | 0.03 | 0.05 | 0.06 |
| Net debt / EBITDA | — | -10.6 | -40.9 | -34 | 56.3 | 26 | 13.7 | 8.23 |
| Interest coverage | -16.3K | 44.3 | 4.41 | 1.49 | -6.59 | — | -62 | -23 |
| Effective tax rate | 0% | 0% | 49% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.57 | 2.94 | 1.67 | 1.22 | 1.48 | 1.53 | 1.58 | 1.61 |
| EPS (basic) | -0.16 | 0.1 | 0 | 0.02 | -0.09 | -0.05 | -0.52 | -0.52 |
| EPS (diluted) | -0.16 | 0.09 | 0 | 0.02 | -0.09 | -0.05 | -0.52 | -0.63 |
| Book value per share | -0.41 | -0.51 | 5.28 | 3.16 | 3.01 | 3.03 | 2.68 | 2.48 |
| FCF per share | -0.14 | 0.43 | 0 | -0.16 | 0 | 0.17 | -0.07 | -0.09 |
| Cash per share | 0.3 | 5.24 | 4.75 | 2.54 | 2.01 | 2.13 | 2.05 | 2.02 |
| Capex per share | 0.01 | 0.05 | 0.06 | 0.07 | 0.04 | 0.02 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.68% | 1.67% | 3.41% | 5.94% | 2.41% | 1.61% | — | — |
| Capex / operating cash flow | -4.42% | 8.43% | -802.2% | -870.4% | 24.5% | 9.94% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $128M |
| — |
| FY20 | — | $0.1 | — | — | $92.8M | — |
| FY19 | — | -$0.16 | — | — | $57.9M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $48M | $58.2M | $44.9M | $46.6M | $51.5M | $57.5M | $41.5M | $45.6M | $52.3M | $62.1M | $44.1M | $48.1M |
| YoY change | +18.6% | +20.5% | +21% | -6.19% | +7.29% | -1.3% | -7.59% | -2.18% | +1.54% | +8.12% | +6.46% | +5.57% |
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 | 30.1M | 165.2M | 364.6M | 341.1M | 262.4M | 277.9M | 261.5M |
| Receivables | 17.1M | 17M | 29.8M | 48.9M | 55.9M | 60.6M | 62.5M |
| Inventory | 18.4M | 23M | 32.2M | 48.2M | 60.9M | 43.9M | 48.4M |
| Total current assets | 67.8M | 208.6M | 431.7M | 454M | 392.1M | 396.4M | 392M |
| Property, plant & equipment | 1M | 2.1M | 5.9M | 22M | 21.6M | 20.4M | 21.4M |
| Goodwill & intangibles | 1.5M | 1.5M | 29.8M | 28.9M | 78.5M | 73.6M | 67M |
| Total assets | 70.4M | 220M | 463.3M | 519.5M | 494.5M | 499.5M | 461.5M |
| Accounts payable | 2.3M | 2.9M | 3M | 4.8M | 3M | 5.5M | 6.4M |
| Short-term debt | — | 2.8M | — | 3.5M | 3M | 8.4M | 9.2M |
| Total current liabilities | 21M | 26.5M | 33.2M | 49M | 56.2M | 67.7M | 77.8M |
| Long-term debt | — | — | 0 | 14.6M | 11.1M | 8.6M | 14.6M |
| Total liabilities | 112.1M | 236M | 57.9M | 93.9M | 101.4M | 103.8M | 119.8M |
| Shareholders' equity | -41.7M | -16M | 405.4M | 425.5M | 393.1M | 395.7M | 341.7M |
| Total debt | — | 2.8M | 0 | 18.1M | 14.1M | 17M | 23.7M |
| Net debt | — | -162.5M | -364.6M | -278.5M | -153.2M | -81.7M | -67.1M |
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 | 288M | 262.4M | 270.1M | 277.2M | 277.8M | 277.9M | 265.6M | 262M | 261.7M | 261.5M | 262.2M | 262M |
| Receivables | 55.4M | 55.9M | 50.3M | 44.6M | 52.6M | 60.6M | 55M | 56.2M | 56.6M | 62.5M | 51.9M | 49.7M |
| Inventory | 66.9M | 60.9M | 54.7M | 50.1M | 46.8M | 43.9M | 45.3M | 49.5M | 51.6M | 48.4M | 49.8M | 52.3M |
| Total current assets | 422.3M | 392.1M | 388.6M | 384.1M | 390.2M | 396.4M | 380.5M | 382.8M | 388.5M | 392M | 379.3M | 377.9M |
| Property, plant & equipment | 22.6M | 21.6M | 20.3M | 19.6M | 20.6M | 20.4M | 20.1M | 27M | 21.4M | 21.4M | 23.1M | 23.6M |
| Goodwill & intangibles | 81.5M | 78.5M | 76.9M | 75.2M | 73.3M | 73.6M | 72.2M | 70.6M | 68.7M | 67M | 64.8M | 63.1M |
| Total assets | 519.4M | 494.5M | 492.1M | 483.7M | 491.2M | 499.5M | 482.6M | 493.3M | 494.9M | 461.5M | 449.1M | 446.9M |
| Accounts payable | 4.7M | 3M | 3.7M | 3.2M | 5.4M | 5.5M | 6.2M | 6.9M | 7.6M | 6.4M | 6.7M | 8.4M |
| Short-term debt | 3.4M | 3M | 4.2M | 4.3M | 5.5M | 8.4M | 7.5M | 8.8M | 10.7M | 9.2M | 13.7M | 12.7M |
| Total current liabilities | 58.7M | 56.2M | 55.6M | 52.4M | 62.8M | 67.7M | 67.7M | 73.3M | 75.2M | 77.8M | 80.9M | 84.3M |
| Long-term debt | 11.9M | 11.1M | 10.2M | 9.4M | 9M | 8.6M | 8.4M | 14.9M | 14.1M | 14.6M | 13.8M | 13.8M |
| Total liabilities | 103.9M | 101.4M | 99.5M | 94.6M | 105.8M | 103.8M | 103M | 115.8M | 116.3M | 119.8M | 121.5M | 125M |
| Shareholders' equity | 415.5M | 393.1M | 392.6M | 389.1M | 385.5M | 395.7M | 379.6M | 377.6M | 378.6M | 341.7M | 327.6M | 322M |
| Total debt | 15.3M | 14.1M | 14.4M | 13.8M | 14.5M | 17M | 15.9M | 23.7M | 24.8M | 23.7M | 27.5M | 26.5M |
| Net debt | -148.3M | -153.2M | -154.4M | -164.1M | -147.8M | -81.7M | -79.4M | -51.8M | -68.5M | -67.1M | -38.2M | -47.4M |
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 | -16.8M | 19.4M | 3M | 2.5M | -12.1M | -6M | -66.5M |
| Depreciation & amortization | 309K | 603K | 1.2M | 5.7M | 9.2M | 10.5M | 12M |
| Stock-based compensation | 269K | 611K | 6.6M | 16.6M | 22M | 26.8M | 24.6M |
| Change in working capital | -5.8M | -2.6M | -13.4M | -28M | -1.7M | 11.3M | -6.1M |
| Operating cash flow | -22M | 18.4M | -544K | -1.1M | 19M | 32.6M | -4.7M |
| Capital expenditure | -973K | -1.5M | -4.4M | -9.7M | -4.6M | -3.2M | — |
| Investing cash flow | -973K | -1.5M | -21M | -55.8M | -93.7M | -82.8M | 14.1M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | 0 | -44.2M | -21.6M | -15.1M |
| Financing cash flow | 0 | 122.4M | 212.9M | 2.7M | -45.1M | -18.5M | -9.3M |
| Net change in cash | -23M | 139.3M | 191.4M | -54.2M | -119.9M | -68.7M | 45K |
| Free cash flow | -14.7M | 13.6M | 266K | -22.1M | 454K | 21.6M | -8.9M |
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 | 5.5M | -6.2M | -10.4M | 940K | 9.6M | -11.4M | -5.6M | -5.5M | -44.1M | -18.9M | -12.2M |
| Depreciation & amortization | 2.6M | 2.4M | 2.5M | 2.5M | 2.8M | 2.7M | 2.9M | 3M | 3.1M | 3M | 2.8M | 3M |
| Stock-based compensation | 5.8M | 5.7M | 5.6M | 7.2M | 7.1M | 7M | 6.6M | 6.8M | 5.6M | 5.5M | 4.9M | 5.3M |
| Change in working capital | -6.4M | 3.2M | 9.4M | 9.4M | 235K | -7.7M | 5.3M | -3.3M | -3.3M | -4.8M | 9M | 2.3M |
| Operating cash flow | -4.1M | 17.1M | 11.6M | 8.8M | 11.1M | 4M | 3.2M | 108K | -3.9M | -771K | -2.7M | 1.4M |
| Capital expenditure | -1.3M | -1.5M | -567K | -977K | -990K | -703K | -816K | — | — | — | — | — |
| Investing cash flow | 43.2M | 29.1M | -5.7M | 2.2M | -15.8M | -63.4M | 9.5M | -14.8M | 19.6M | -1M | -24.9M | 9.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -8.4M | -34.7M | — | -2.7M | -11.9M | -7M | -10.6M | -4.5M | 29K | 34K | 0 | 0 |
| Financing cash flow | -8.7M | -35M | 1.1M | -2.9M | -12.2M | -4.5M | -11.6M | -2M | 3.9M | -341K | 4M | -1.8M |
| Net change in cash | 30.4M | 11.2M | 7M | 8M | -17M | -63.9M | 1.1M | -16.7M | 19.6M | -2.1M | -23.7M | 8.9M |
| Free cash flow | -5.6M | 8M | 3.3M | 5M | 12.2M | 1.1M | -976K | -1.5M | -4.6M | -1.8M | -4.9M | -877K |