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 | $0.12 | $0.12 | 0.0% | — | $104.3M | — |
| Q1 26 | $0.07 | $0.07 | 0.0% | — | $88.5M | — |
| Q4 25 | $0.24 | $0.22 | -8.3% | — | $110.1M | — |
| Q3 25 | $0.13 | $0.12 | -7.7% | — | $85.6M | — |
| Q2 25 | $0.09 | $0.09 | 0.0% | — | — | — |
| Q1 25 | — | $0.03 | — | — | — | — |
| Q4 24 | $0.21 | $0.15 | -28.6% | — | — | — |
| Q3 24 | $0.13 | $0.15 | +15.4% | — | — | — |
| Q2 24 | $0.08 | $0.08 | 0.0% | — | — | — |
| Q1 24 | -$0.01 | $0.02 | +300.0% | — | — | — |
| Q4 23 | $0.11 | $0.14 | +27.3% | — | — | — |
| Q3 23 | -$0.06 | -$0.03 | +50.0% | — | — | — |
| Q2 23 | -$0.11 | -$0.07 | +36.4% | — | $57.2M | — |
| Q1 23 | -$0.19 | -$0.17 | +10.5% | — | $41.7M | — |
| Q4 22 | -$0.13 | -$0.15 | -15.4% | — | $54.5M | — |
| Q3 22 | -$0.18 | -$0.22 | -22.2% | — | $48.8M | — |
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 | — | $0.51 | — | — | $344.2M | — |
| FY24 | — | $0.15 | — | — | $289.2M | — |
| FY23 | — | -$0.23 | — | — | $222.9M | — |
| FY22 | — | -$0.84 | — | — | $197.2M | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $108.4M | $164.9M | $165.3M | $224.1M | $197.2M | $222.9M | $289.2M | $344.2M |
| YoY change | — | +52.2% | +0.22% | +35.6% | -12% | +13.1% | +29.7% | +19% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 108.4M | 164.9M | 165.3M | 224.1M | 197.2M | 222.9M | 289.2M | 344.2M |
| Cost of revenue | 74.3M | 94.1M | 88.3M | 129.6M | 116.7M | 120.5M | 157.2M | 186.6M |
| Gross profit | 34M | 70.8M | 77M | 94.5M | 80.4M | 102.5M | 132.1M | 157.6M |
| Gross margin | 31.4% | 43% | 46.6% | 42.2% | 40.8% | 46% | 45.7% | 45.8% |
| Research & development | 9.6M | 9.2M | 8.7M | 25.4M | 21.3M | 24.8M | 23.7M | 30.5M |
| Selling, general & administrative | 45.1M | 48.8M | 46.5M | 111.9M | 108.4M | 96M | 104.9M | 115M |
| Operating expenses | 129M | 152.1M | 143.5M | 137.3M | 129.7M | 120.8M | 128.6M | 145.5M |
| Operating income | -20.7M | 12.8M | 21.8M | -42.8M | -49.3M | -18.3M | 3.5M | 12.1M |
| Operating margin | -19.1% | 7.76% | 13.2% | -19.1% | -25% | -8.21% | 1.2% | 3.51% |
| Non-operating income, net | -507K | 1.1M | -91K | 6M | -310K | -90K | -12K | -8M |
| Pretax income | -25.5M | 9.9M | 20.6M | -37.6M | -48.1M | -9.8M | 12.7M | 10.1M |
| Income tax | — | — | — | 0 | 0 | 151K | 249K | -14M |
| Net income | -25.5M | 9.9M | 20.6M | -37.6M | -48.1M | -9.9M | 12.5M | 24.1M |
| Net margin | -23.6% | 6.02% | 12.5% | -16.8% | -24.4% | -4.46% | 4.31% | 7% |
| EBITDA | -10.5M | 24M | 31.9M | -37.8M | -36.1M | -3.6M | 19.9M | 30.8M |
| EPS | -0.43 | 0.17 | 2.06 | -0.63 | -0.84 | -0.23 | 0.15 | 0.51 |
| Diluted EPS | -0.43 | 0.17 | 2.06 | -0.63 | -0.84 | -0.23 | 0.14 | 0.36 |
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 | — | — | — | — | — | — | — | — | 85.6M | 110.1M | 88.5M | 104.3M |
| Cost of revenue | — | — | — | — | — | — | — | — | 45.7M | 58.8M | 52.2M | 58.7M |
| Gross profit | — | — | — | — | — | — | — | — | 39.8M | 51.3M | 36.4M | 45.5M |
| Gross margin | — | — | — | — | — | — | — | — | 46.6% | 46.6% | 41.1% | 43.7% |
| Research & development | — | — | — | — | — | — | — | — | 7.7M | 8.2M | 7.1M | 10.8M |
| Selling, general & administrative | 25M | 24.3M | 24M | 25.7M | 25.4M | 30.1M | 28.3M | 28M | 27.7M | 30.9M | 33M | 38.3M |
| Operating expenses | 25M | 24.3M | 24M | 25.7M | 25.4M | 30.1M | 28.3M | 28M | 35.4M | 39.1M | 40.1M | 49.1M |
| Operating income | — | — | — | — | — | — | — | — | 4.2M | 12.7M | -4M | -3.9M |
| Operating margin | — | — | — | — | — | — | — | — | 4.94% | 11.5% | -4.47% | -3.69% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | -7.7M | — | — |
| Pretax income | — | — | — | — | — | — | — | — | 5.7M | 6.4M | -2.6M | -2.6M |
| Income tax | — | — | — | — | — | — | — | — | 541K | -14.1M | -406K | -762K |
| Net income | — | — | — | — | — | — | — | — | 5.2M | 20.5M | -2.2M | -1.8M |
| Net margin | — | — | — | — | — | — | — | — | 6.02% | 18.6% | -2.47% | -1.76% |
| EBITDA | — | — | — | — | — | — | — | — | 9M | 17.7M | 1.5M | 1.7M |
| EPS | -0.03 | — | -0.06 | 0 | 0.09 | 0.11 | -0.07 | 0.02 | 0.06 | 0.49 | -0.03 | -0.01 |
| Diluted EPS | -0.03 | — | -0.06 | 0 | 0.09 | 0.1 | -0.07 | 0.02 | 0.06 | 0.31 | -0.03 | -0.03 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 104.9M | 308M | 197.7M | 814.3M |
| Enterprise value | — | — | — | — | — | -86.1M | 129M | 28.3M | 292.1M |
| Shares outstanding | 58.9M | 58.9M | 10M | 12.4M | 14.2M | 15.2M | 16.2M | 16.4M | 16.4M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 24.7 | 8.21 | 34.3 |
| P/S | — | — | — | — | — | 0.47 | 1.07 | 0.57 | 2.11 |
| P/B | — | — | — | — | — | 0.38 | 1.12 | 0.68 | 2.29 |
| EV/EBITDA | — | — | — | — | — | 24.2 | 6.47 | 0.92 | 9.75 |
| EV/Sales | — | — | — | — | — | -0.39 | 0.45 | 0.08 | 0.75 |
| Earnings yield | — | — | — | — | — | — | 4.04% | 12.2% | 2.92% |
| FCF yield | — | — | — | — | — | 23.1% | 11% | 17.4% | 5.86% |
| PEG | — | — | — | — | — | — | — | — | -0.23 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 31.4% | 43% | 46.6% | 42.2% | 40.8% | 46% | 45.7% | 45.8% | 43.7% |
| Operating margin | -19.1% | 7.76% | 13.2% | -19.1% | -25% | -8.21% | 1.2% | 3.51% | -3.69% |
| Net margin | -23.6% | 6.02% | 12.5% | -16.8% | -24.4% | -4.46% | 4.31% | 7% | 2.24% |
| ROE | 30.7% | 65.3% | 102.6% | -13.3% | -18.1% | -3.62% | 4.54% | 8.34% | 7.52% |
| ROA | -29.5% | 9.29% | 15.5% | -9.66% | -12.7% | -2.46% | 2.82% | 5.08% | 1.27% |
| ROIC | — | — | — | -69.5% | -56% | -21.9% | 3.59% | 10.1% | 6.16% |
| Return on tangible assets | -50.2% | 13.5% | 20.1% | -10.4% | -13.7% | -2.62% | 3.14% | 5.6% | 5.34% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.15 | 1.22 | 1.3 | 4.24 | 3.61 | 3.13 | 2.49 | 2.4 | 2.34 |
| Quick ratio | 1.15 | 1.22 | 1.3 | 4.24 | 3.61 | 3.13 | 2.49 | 2.4 | 2.34 |
| Debt / equity | -0.79 | 1.15 | 1.17 | 0.06 | 0.11 | 0.09 | 0.09 | 0.08 | 0.07 |
| Debt / assets | 0.76 | 0.16 | 0.18 | 0.04 | 0.08 | 0.06 | 0.06 | 0.05 | 0.04 |
| Net debt / EBITDA | -6 | 0.53 | 0.44 | 5.85 | 4.92 | 53.6 | -8.98 | -5.5 | -5.7 |
| Interest coverage | -4.85 | 3.51 | 21 | -49.5 | — | — | — | — | — |
| Effective tax rate | — | — | — | 0% | 0% | 0% | 1.96% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.84 | 2.8 | 16.5 | 18.1 | 13.9 | 14.6 | 17.8 | 21 | 22 |
| EPS (basic) | -0.43 | 0.17 | 2.06 | -0.63 | -0.84 | -0.23 | 0.15 | 0.51 | 0.51 |
| EPS (diluted) | -0.43 | 0.17 | 2.06 | -0.63 | -0.84 | -0.23 | 0.14 | 0.36 | 0.36 |
| Book value per share | -1.41 | 0.26 | 2.01 | 22.9 | 18.7 | 18 | 16.9 | 17.6 | 5.39 |
| FCF per share | -0.09 | 0.09 | 1.1 | 1.72 | -0.87 | 1.59 | 2.1 | 2.09 | 0.73 |
| Cash per share | 0.05 | 0.08 | 0.96 | 19.3 | 14.6 | 14.2 | 12.6 | 11.6 | 9.13 |
| Capex per share | 0.01 | 0.01 | 0.04 | 0.04 | 0.05 | 0.08 | 0.15 | 1.06 | 0.28 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.36% | 0.26% | 0.26% | 0.2% | 0.38% | 0.54% | 0.86% | 5.05% | 4.71% |
| Capex / operating cash flow | 4.52% | -22.9% | 2.62% | 1.88% | 145.2% | 3.73% | 5.5% | 33% | 27.1% |
| Payout ratio | 0% | 0% | 24.2% | 0% | 0% | — | — | — | 0% |
| — |
| -$0.63 |
| — |
| — |
| $224.1M |
| — |
| FY20 | — | $2.06 | — | — | $165.3M | — |
| FY19 | — | $0.17 | — | — | $164.9M | — |
| FY18 | — | -$0.43 | — | — | $108.4M | — |
| 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 | — | — | — | — | — | — | — | — | $85.6M | $110.1M | $88.5M | $104.3M |
| 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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.7M | 4.8M | 9.6M | 238.5M | 206.6M | 216.5M | 205M | 191.2M |
| Receivables | 48.5M | 68.1M | 89.8M | 110.7M | 101.7M | 117.5M | 147M | 177.1M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 52.9M | 74.8M | 103.9M | 352.2M | 314.9M | 340.4M | 362.5M | 376.2M |
| Property, plant & equipment | 15.7M | 14.9M | 13.8M | 22.3M | 49.5M | 28.3M | 31.5M | 35.1M |
| Goodwill & intangibles | 35.8M | 33.3M | 30.9M | 28.4M | 26.2M | 25.2M | 44.5M | 44.2M |
| Total assets | 86.7M | 106.9M | 133.5M | 389.1M | 377.9M | 404.9M | 440.8M | 474.7M |
| Accounts payable | 17.8M | 20.5M | 29.8M | 32.9M | 37.1M | 47.3M | 71.3M | 83.5M |
| Short-term debt | — | — | 3.4M | — | 3.7M | 3.8M | 4.7M | 5.1M |
| Total current liabilities | 45.9M | 61.1M | 79.7M | 83.1M | 87.1M | 108.8M | 145.5M | 157M |
| Long-term debt | 66M | 17.5M | 20.2M | 17.5M | 25M | 21.7M | 21.3M | 16.7M |
| Total liabilities | 169.9M | 91.7M | 113.4M | 106.6M | 112.1M | 130.5M | 166.7M | 185.9M |
| Shareholders' equity | -83.2M | 15.2M | 20.1M | 282.6M | 265.8M | 274.4M | 274.1M | 288.8M |
| Total debt | 66M | 17.5M | 23.5M | 17.5M | 28.7M | 25.4M | 26M | 21.7M |
| Net debt | 63.3M | 12.7M | 13.9M | -221M | -177.9M | -191M | -179M | -169.4M |
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 | 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 | 203M | 216.5M | 206.1M | 209.7M | 214.6M | 205M | 173.9M | 172.8M | 161.3M | 191.2M | 185.7M | 193.1M |
| Receivables | 106M | 117.5M | 113.5M | 122.9M | 135.6M | 147M | 131.3M | 135.3M | 142.8M | 177.1M | 146.2M | 145.1M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 314.1M | 340.4M | 327.5M | 341.3M | 360.4M | 362.5M | 315.8M | 315.8M | 313.6M | 376.2M | 337.9M | 350.4M |
| Property, plant & equipment | 51.1M | 28.3M | 29.4M | 29.9M | 31.2M | 31.5M | 55.2M | 55.5M | 55.8M | 35.1M | 35.4M | 37.6M |
| Goodwill & intangibles | 25.4M | 25.2M | 25.1M | 25.1M | 25.1M | 44.5M | 45.2M | 44.9M | 44.5M | 44.2M | 43.8M | 94.2M |
| Total assets | 378.5M | 404.9M | 395M | 408.6M | 429.7M | 440.8M | 394.5M | 398M | 395.9M | 474.7M | 439M | 498.4M |
| Accounts payable | 31.6M | 47.3M | 52M | 62.6M | 66M | 71.3M | 60M | 67M | 60.9M | 83.5M | 53.7M | 66.6M |
| Short-term debt | 3.8M | 3.8M | 3.7M | 4.1M | 4.5M | 4.7M | 4.7M | 4.7M | 4.9M | 5.1M | 5.1M | 5.2M |
| Total current liabilities | 87.3M | 108.8M | 101M | 114.1M | 130.2M | 145.5M | 116.7M | 123.4M | 119.7M | 157M | 117.8M | 149.9M |
| Long-term debt | 22.5M | 21.7M | 23.6M | 22.5M | 22.3M | 21.3M | 20.3M | 19M | 17.7M | 16.7M | 18.3M | 16.9M |
| Total liabilities | 109.8M | 130.5M | 124.6M | 136.6M | 152.5M | 166.7M | 137M | 142.4M | 137.5M | 185.9M | 148.6M | 179.6M |
| Shareholders' equity | 268.7M | 274.4M | 270.5M | 271.9M | 277.2M | 274.1M | 257.5M | 255.6M | 258.4M | 288.8M | 290.4M | 318.8M |
| Total debt | 26.3M | 25.4M | 27.3M | 26.6M | 26.9M | 26M | 25M | 23.7M | 22.6M | 21.7M | 23.4M | 22.1M |
| Net debt | -176.7M | -191M | -178.8M | -183.2M | -187.8M | -179M | -148.9M | -149.1M | -138.7M | -169.4M | -162.3M | -170.9M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -25.5M | 9.9M | 20.6M | -37.6M | -48.1M | -9.9M | 12.5M | 24.1M |
| Depreciation & amortization | 10.6M | 10.2M | 10.1M | 11.1M | 13.1M | 14.7M | 16.5M | 18.7M |
| Stock-based compensation | 647K | 1.1M | 0 | 68.8M | 28.9M | 32.3M | 21M | 24.8M |
| Change in working capital | 22.9M | -23M | -14.2M | -19M | 3.7M | -9M | -8.6M | -24.3M |
| Operating cash flow | 8.6M | -1.8M | 16.6M | 23.4M | 522K | 32.1M | 45.4M | 52.6M |
| Capital expenditure | -389K | -423K | -434K | -441K | -758K | -1.2M | -2.5M | -17.4M |
| Investing cash flow | -389K | -423K | -434K | -441K | -758K | -1.2M | -12.5M | -21.4M |
| Dividends paid | 0 | 0 | -5M | 0 | 0 | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | 136K | -28.1M | -6.2M | 207.6M | -37.1M | -14.4M | -16.9M | -9.8M |
| Net change in cash | 8.4M | -30.3M | 9.9M | 230.5M | -37.3M | 16.5M | 16M | 21.4M |
| Free cash flow | -5.3M | 5.2M | 11M | 21.3M | -12.4M | 24.3M | 34M | 34.3M |
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 | -672K | 3.3M | -3.2M | 1.5M | 6.5M | 7.7M | -3.3M | 1.8M | 5.2M | 20.5M | -2.2M | -1.8M |
| Depreciation & amortization | 3.8M | 4M | 4.1M | 4.2M | 4M | 4.1M | 4.3M | 4.6M | 4.8M | 5M | 5.5M | 5.6M |
| Stock-based compensation | 8.7M | 7.6M | 4.4M | 5.5M | 5.3M | 5.7M | 5.6M | 6.3M | 6.4M | 6.4M | 6.6M | 9.9M |
| Change in working capital | -15.5M | 2.6M | 6.5M | 1.3M | -10.2M | -6.2M | 513K | 2.1M | -13.9M | -13M | -771K | 10.9M |
| Operating cash flow | -2.7M | 18.5M | 12.9M | 13.4M | 6.7M | 12.4M | 8.3M | 20.9M | 3M | 33.1M | 2.9M | 28.3M |
| Capital expenditure | -371K | -476K | -530K | -954K | -796K | -218K | -124K | -4.3M | -4.6M | -4.8M | -3.6M | -5.2M |
| Investing cash flow | -371K | -476K | -530K | -954K | -796K | -218K | -439K | -4.6M | -4.6M | -4.8M | -3.6M | -20.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | -5.5M | 259K | -6.2M | — | -3.2M | -24.9M | -10M | — | -3.1M | 2.1M |
| Financing cash flow | -1.3M | -6M | -10.3M | -7.5M | -7.8M | -2.8M | -6.9M | -31.1M | -10M | 11K | -3.9M | -1.2M |
| Net change in cash | -4.4M | 12M | 2.1M | 5M | -1.9M | 9.3M | 979K | -14.7M | -11.6M | 28.3M | -4.5M | 6.5M |
| Free cash flow | 450K | 19.4M | -224K | 9.7M | 12.4M | 12.2M | -8.2M | 16.1M | -1.8M | 28.2M | -1M | 22.4M |