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 | — | — | — | — | $847.9M | — |
| FY24 | — | — | — | — | $761.8M | — |
| FY23 | — | — | — | — | $4.7B | — |
| FY22 | — | — | — | — | $3.6B | — |
| FY21 | — | — | — | — | $2.8B | — |
| FY20 | — | — | — | — | $2.2B | — |
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 | $2.2B | $2.8B | $3.6B | $4.7B | $761.8M | $847.9M |
| YoY change | — | +24% | +28.2% | +31% | -83.7% | +11.3% |
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 |
|---|
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 | 2.2B | 2.8B | 3.6B | 4.7B | 761.8M | 847.9M |
| Cost of revenue | 1.7B | 2B | 2.6B | 3.4B | 603.7M | 686.6M |
| Gross profit | 551.4M | 817.1M | 993.9M | 1.3B | 158.1M | 161.3M |
| Gross margin | 24.6% | 29.4% | 27.9% | 27.2% | 20.8% | 19% |
| Research & development | 706M | 1.2B | 1.3B | 1.3B | 172.6M | 123.3M |
| Selling, general & administrative | 275.7M | 607.9M | 1.3B | 928.8M | 106.5M | 93.8M |
| Operating expenses | 975.7M | 1.8B | 2.6B | 2.2B | 276.3M | 211.2M |
| Operating income | -424.3M | -1B | -1.6B | -923M | -118.2M | -50M |
| Operating margin | -18.9% | -36% | -46.3% | -19.8% | -15.5% | -5.89% |
| Non-operating income, net | 15.2M | -51.6M | 101.8M | -47M | -2M | 2.3M |
| Pretax income | -439.8M | -1.2B | -1.6B | -1B | -135.4M | -67.7M |
| Income tax | 228K | 6.9M | 29.1M | -3.6M | 203K | 1.2M |
| Net income | -440M | -1.2B | -1.6B | -1B | -135.6M | -68.9M |
| Net margin | -19.6% | -42.3% | -45.1% | -21.8% | -17.8% | -8.13% |
| EBITDA | -336.9M | -973.2M | -1.4B | -814.9M | -83.5M | -18.6M |
| EPS | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — |
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 | 1.1B | 1.9B | 927.9M | 177.2M | 28.5M | 245.5M | 24.7M | 155M | 219.9M | 304.7M | 131.5M | 225.2M |
| Cost of revenue | 759.1M | 1.4B | 722.6M | 136.6M | 23.6M | 193.4M | 19.8M | 138.4M | 172.3M | 241M | 103.3M | 180.7M |
| Gross profit | 329.5M | 431.6M | 205.3M | 40.6M | 5M | 52.1M | 4.9M | 16.6M | 47.6M | 63.7M | 28.2M | 44.5M |
| Gross margin | 30.3% | 23.1% | 22.1% | 22.9% | 17.4% | 21.2% | 19.8% | 10.7% | 21.6% | 20.9% | 21.4% | 19.8% |
| Research & development | 309.3M | 473.4M | 269.4M | 42.5M | 6.9M | 41.7M | 5.1M | 33.7M | 25.9M | 29.1M | 23.5M | 29.1M |
| Selling, general & administrative | 260.6M | 260.8M | 190.5M | 30.5M | 4.2M | 18.1M | 3.4M | 24.2M | 18.4M | 28.6M | 17.7M | 21.6M |
| Operating expenses | 569.9M | 734.2M | 459.9M | 73M | 11.1M | 59.8M | 8.5M | 57.9M | 44.3M | 57.8M | 41.2M | 50.7M |
| Operating income | -240.4M | -302.5M | -254.6M | -32.3M | -6.2M | -4.9M | -3.6M | -37.3M | 3.3M | 11.8M | -13M | -6.2M |
| Operating margin | -22.1% | -16.2% | -27.4% | -18.2% | -21.6% | -2.01% | -14.6% | -24% | 1.5% | 3.88% | -9.89% | -2.75% |
| Non-operating income, net | -27.8M | -10.6M | -33M | -8M | -160.2K | 12.1M | 258.7K | -1.8M | -300K | -559K | 11.6M | 1.1M |
| Pretax income | -283.1M | -326.7M | -302.8M | -43M | -6.8M | 11.2K | -3.9M | -43.7M | 800K | 2M | -9.9M | -12.1M |
| Income tax | 0 | -3.9M | -600K | 56.2K | 22K | 74.7K | 36.4K | 1.8M | -100K | -756K | 1.1M | -100K |
| Net income | -283.1M | -322.8M | -302.2M | -43.1M | -6.8M | -63.5K | -4M | -45.5M | 900K | 2.8M | -11M | -12M |
| Net margin | -26% | -17.3% | -32.6% | -24.3% | -23.9% | -0.03% | -16.1% | -29.4% | 0.41% | 0.91% | -8.37% | -5.33% |
| EBITDA | -283.8M | -305.5M | -281.4M | -39.6M | -6.2M | 14.9M | -3.2M | -37.6M | 5.3M | 11.6M | -1.1M | -3.8M |
| EPS | — | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 24.6% | 29.4% | 27.9% | 27.2% | 20.8% | 19% | 19% |
| Operating margin | — | — | -18.9% | -36% | -46.3% | -19.8% | -15.5% | -5.89% | -5.89% |
| Net margin | — | — | -19.6% | -42.3% | -45.1% | -21.8% | -17.8% | -8.13% | -8.13% |
| ROE | — | — | 110.6% | 28.9% | 4.7K% | 121.7% | 56.7% | 24.3% | 24.3% |
| ROA | — | — | -426.6% | -29.7% | -34% | -23.8% | -26.2% | -10.4% | -10.4% |
| ROIC | — | — | 89.8% | 25.7% | -241.4% | -335.8% | 1.3K% | -93.3% | -93.3% |
| Return on tangible assets | — | — | -434% | -30.1% | -34.6% | -26% | -31.9% | -12% | -12% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | 9.25 | 0.81 | 0.98 | 0.78 | 0.55 | 0.59 | 0.59 |
| Quick ratio | — | — | 9.18 | 0.74 | 0.93 | 0.74 | 0.51 | 0.51 | 0.51 |
| Debt / equity | — | — | -0.04 | -0.26 | -45.8 | -2.17 | -1.22 | -1.61 | -1.61 |
| Debt / assets | — | — | 0.15 | 0.27 | 0.33 | 0.42 | 0.57 | 0.69 | 0.69 |
| Net debt / EBITDA | — | — | 0.22 | -0.19 | -0.51 | -1.36 | -2.76 | -18.2 | -18.2 |
| Interest coverage | — | — | -6.44 | -7.89 | -34.4 | -11.8 | -6.39 | -1.85 | -1.85 |
| Effective tax rate | — | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 3.08% | 3.09% | 4.37% | 1.29% | 2.03% | — | — |
| Capex / operating cash flow | — | — | -10.8% | -9.07% | -29.6% | -5.76% | -18.2% | — | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $1.1B | $1.9B | $927.9M | $177.2M | $28.5M | $245.5M | $24.7M | $155M | $219.9M | $304.7M | $131.5M | $225.2M |
| YoY change | +51.2% | +22.7% | +21.3% | -81.6% | -97.4% | -86.9% | -97.3% | -12.5% | +670.5% | +24.1% | +432.2% | +45.3% |
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 | 3.4M | 2.2M | 89.8M | 878M | 860.5M | 699M | 62.3M | 118.3M |
| Receivables | — | — | — | 953.3M | 1.3B | 1.8B | 218.5M | 200.3M |
| Inventory | 782K | 647K | 657K | 223.3M | 182.6M | 160.8M | 32M | 62.3M |
| Total current assets | 5.8M | 3.9M | 91.8M | 2.5B | 3.9B | 3.3B | 387.8M | 483.2M |
| Property, plant & equipment | 11.8M | 16.3M | 7.2M | 103.2M | 239.3M | 246M | 40.1M | 43.5M |
| Goodwill & intangibles | 18.3M | 13.6M | 1.7M | 62.1M | 89.7M | 358.7M | 91.9M | 88.1M |
| Total assets | 30.6M | 28.7M | 103.1M | 4B | 4.7B | 4.3B | 516.6M | 662.4M |
| Accounts payable | 3.8M | 7.1M | 2.4M | 761.5M | 1.7B | 2.1B | 291.8M | 297.2M |
| Short-term debt | 8.5M | 3.7M | 6.1M | 1.1B | 1.1B | 1.2B | 275.8M | 373.8M |
| Total current liabilities | 12.4M | 12.5M | 9.9M | 3B | 3.9B | 4.2B | 702.1M | 823M |
| Long-term debt | — | 11.6M | 9.3M | 0 | 508.6M | 563.3M | 16.6M | 81.6M |
| Total liabilities | 12.8M | 24.4M | 19.2M | 8B | 4.8B | 5.1B | 755.6M | 945.9M |
| Shareholders' equity | -286.8M | -307.9M | -397.9M | -4.1B | -34.5M | -834.5M | -239M | -283.5M |
| Total debt | 8.5M | 15.3M | 15.4M | 1.1B | 1.6B | 1.8B | 292.5M | 455.3M |
| Net debt | 5.1M | 13.1M | -74.4M | 181.3M | 717.7M | 1.2B | 248.1M | 368.2M |
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 | 708.1M | 699M | 532.2M | 129.4M | 15.4M | 62.3M | 19.6M | 119.6M | 69.9M | 118.3M | 109.3M | 202.9M |
| Receivables | 1.4B | 1.8B | 1.5B | 164.2M | 26.6M | 218.5M | 25.5M | 141.9M | 191.1M | 200.3M | 161.5M | 248.1M |
| Inventory | 230.9M | 160.8M | 192.3M | 24.8M | 4.7M | 32M | 5.7M | 35M | 71.4M | 62.3M | 101M | 126.2M |
| Total current assets | 3.3B | 3.3B | 2.7B | 412.1M | 56.9M | 387.8M | 66.2M | 385.8M | 397.1M | 483.2M | 527.8M | 697.1M |
| Property, plant & equipment | 235.9M | 246M | 235.6M | 36.9M | 6.2M | 40.1M | 5.9M | 42.7M | 40.7M | 43.5M | 43.8M | 46.1M |
| Goodwill & intangibles | 76.8M | 358.7M | 608.4M | 82.2M | 12.6M | 91.9M | 13.5M | 88.5M | 85.6M | 88.1M | 83.6M | 94.8M |
| Total assets | 4.2B | 4.3B | 3.8B | 564M | 76.2M | 516.6M | 85.7M | 494.9M | 507.4M | 662.4M | 720.9M | 986M |
| Accounts payable | 1.4B | 2.1B | 1.8B | 266.4M | 35.1M | 291.8M | 34.9M | 217.9M | 248.7M | 297.2M | 247.1M | 297.3M |
| Short-term debt | 1.3B | 1.2B | 1.2B | 229M | 35.8M | 275.8M | 53.8M | 377.7M | 370.7M | 373.8M | 404.6M | 495.5M |
| Total current liabilities | 3.9B | 4.2B | 4.1B | 636.5M | 91.9M | 702.1M | 110.8M | 733M | 738.6M | 823M | 818.7M | 968.5M |
| Long-term debt | 570M | 563.3M | 568.1M | 81.3M | 11.7M | 16.6M | 2.4M | 16.4M | 20.3M | 81.6M | 121.9M | 225.7M |
| Total liabilities | 4.8B | 5.1B | 5B | 761.1M | 110.2M | 755.6M | 119.4M | 790.2M | 800.7M | 945.9M | 980.8M | 1.2B |
| Shareholders' equity | -580M | -834.5M | -1.1B | -197.1M | -34M | -239M | -33.7M | -295.3M | -293.3M | -283.5M | -259.9M | -251.1M |
| Total debt | 1.9B | 1.8B | 1.8B | 310.4M | 47.5M | 292.5M | 56.2M | 394.1M | 391M | 455.3M | 526.5M | 721.2M |
| Net debt | 1.2B | 1.2B | 1.4B | 200.2M | 34.6M | 248.1M | 39.2M | 307.9M | 346.7M | 368.2M | 465.5M | 565M |
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 | -440M | -1.2B | -1.6B | -1B | -135.6M | -68.9M |
| Depreciation & amortization | 59M | 65.2M | 116.5M | 124.6M | 26.1M | 24.4M |
| Stock-based compensation | 11.4M | 179.9M | 725.7M | 174M | 18.8M | 13.3M |
| Change in working capital | -323.9M | -113.6M | 239.1M | -328.5M | 7.6M | -59.8M |
| Operating cash flow | -638.2M | -945.4M | -525.9M | -1B | -85.3M | -94.4M |
| Capital expenditure | -69.1M | -85.7M | -155.6M | -60M | -15.5M | — |
| Investing cash flow | -91.1M | -1.2B | -313M | 592.1M | -8.2M | -59.7M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | -8.5M | 0 | 0 | — | -3M | -29M |
| Financing cash flow | 970.2M | 2B | -674.2M | -873.2M | -162.4M | -13M |
| Net change in cash | 240.9M | -111.8M | -1.5B | -1.3B | -255.9M | -167.1M |
| Free cash flow | -437.2M | -993M | -618.6M | -1.3B | -74.6M | -106.6M |
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 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 |
|---|---|---|---|---|---|
| Net income | 6.6M | 1.8M | -2.8M | -7.9M | -7.7M |
| Depreciation & amortization | 1.4M | 1.2M | 1.7M | 1.9M | 2.1M |
| Stock-based compensation | 790K | 733K | 1.5M | 1.3M | 483K |
| Change in working capital | -1.3M | 3.6M | -2.5M | -2.3M | -4.8M |
| Operating cash flow | 7.5M | 7.4M | -2M | -7M | -9.9M |
| Capital expenditure | -519K | -1.6M | -1.7M | -2.4M | -1.7M |
| Investing cash flow | -519K | -1.6M | -6.5M | -2.4M | -1.7M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | -7.4M | -11.2M | -1M | -11.7M |
| Financing cash flow | -991K | -9.4M | -13.9M | -2.6M | -11.1M |
| Net change in cash | 6M | -3.6M | -22.5M | -11.9M | -22.8M |
| Free cash flow | 5.6M | 5.8M | -3.7M | -9.3M | -10.5M |