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 | $0.68 | $0.7 | +2.9% | — | $312.4M | — |
| Q1 26 | $0.68 | $0.76 | +11.8% | — | $305.3M | — |
| Q3 25 | $0.73 | $0.78 | +6.8% | — | $285.8M | — |
| Q2 25 | $0.65 | $0.76 | +16.9% | — | $283.3M | — |
| Q1 25 | $0.48 | $0.62 | +29.2% | — | $279.7M | — |
| Q4 24 | $0.7 | $0.79 | +12.9% | — | $278.7M | — |
| Q3 24 | $0.58 | $0.67 | +15.5% | — | $264.2M | — |
| Q2 24 | $0.44 | $0.52 | +18.2% | — | $252.1M | — |
| Q1 24 | $0.39 | $0.48 | +23.1% | — | $247M | — |
| Q4 23 | $0.49 | $0.61 | +24.5% | — | $239.1M | — |
| Q3 23 | $0.43 | $0.52 | +20.9% | — | $230.1M | — |
| Q2 23 | $0.39 | $0.52 | +33.3% | — | $222.9M | — |
| Q1 23 | $0.24 | $0.41 | +70.8% | — | $218.4M | — |
| Q4 22 | $0.41 | $0.54 | +31.7% | — | $208.3M | — |
| Q3 22 | $0.35 | $0.39 | +11.4% | — | $198.3M | — |
| Q2 22 | $0.18 | $0.34 | +88.9% | — | $189.4M | — |
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 | — | $0.51 | — | — | $1.1B | — |
| FY24 | — | -$0.17 | — | — | $1B | — |
| FY23 | — | -$1.13 | — | — | $910.5M | — |
| FY22 | — | -$1.35 | — | — | $778.8M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $162.1M | $200.2M | $257.7M | $328M | $434.9M | $609.6M | $778.8M | $910.5M | $1B | $1.1B |
| YoY change | +25.8% | +23.5% | +28.7% | +27.3% | +32.6% | +40.2% | +27.8% | +16.9% | +14.4% | +10.3% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 162.1M | 200.2M | 257.7M | 328M | 434.9M | 609.6M | 778.8M | 910.5M | 1B | 1.1B |
| Cost of revenue | 66.9M | 83.1M | 104M | 134.5M | 180.3M | 271.1M | 367.5M | 432.7M | 477.5M | 516.2M |
| Gross profit | 95.2M | 117.1M | 153.6M | 193.5M | 254.6M | 338.5M | 411.3M | 477.8M | 564.4M | 632.9M |
| Gross margin | 58.7% | 58.5% | 59.6% | 59% | 58.5% | 55.5% | 52.8% | 52.5% | 54.2% | 55.1% |
| Research & development | 23.9M | 27.1M | 34.2M | 45.2M | 68.7M | 106.9M | 141.8M | 156.6M | 166.2M | 152.3M |
| Selling, general & administrative | 77.8M | 95.7M | 112.4M | 145M | 198.2M | 287.8M | 357.1M | 419.8M | 449.5M | 451.7M |
| Operating expenses | 101.7M | 122.8M | 146.6M | 190.2M | 266.9M | 394.7M | 498.9M | 576.4M | 615.7M | 604M |
| Operating income | -6.5M | -5.7M | 7M | 3.3M | -12.3M | -56.3M | -87.6M | -98.6M | -51.3M | 28.9M |
| Operating margin | -4.04% | -2.86% | 2.72% | 1% | -2.83% | -9.23% | -11.2% | -10.8% | -4.92% | 2.51% |
| Non-operating income, net | -1M | — | — | 6.1M | -3.9M | -8K | 4.8M | — | 6.6M | — |
| Pretax income | -11.8M | -8.7M | 79K | -4.4M | -44.6M | -64.3M | -90.3M | -79.4M | -12.8M | 44.9M |
| Income tax | 54K | 268K | 300K | 104K | -2.5M | -11.3M | 4.4M | 2.3M | 40K | 5.5M |
| Net income | -11.9M | -9M | -221K | -4.6M | -42.1M | -53M | -94.7M | -81.8M | -12.8M | 39.4M |
| Net margin | -7.32% | -4.48% | -0.09% | -1.39% | -9.69% | -8.69% | -12.2% | -8.98% | -1.23% | 3.43% |
| EBITDA | 1.8M | 3.1M | 20.6M | 28.5M | 21.5M | -8.8M | -27.7M | -10.6M | 48.3M | 120.8M |
| EPS | -0.23 | -0.16 | -0 | -0.08 | -0.66 | -0.79 | -1.35 | -1.13 | -0.17 | 0.51 |
| Diluted EPS | -0.23 | -0.16 | -0 | -0.08 | -0.66 | -0.79 | -1.35 | -1.13 | -0.17 | 0.45 |
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 | 230.1M | 239.1M | 247M | 252.1M | 264.2M | 278.7M | 279.7M | 283.3M | 285.8M | 300.3M | 305.3M | 312.4M |
| Cost of revenue | 111.1M | 112.5M | 114.5M | 118.4M | 121.9M | 122.7M | 126M | 127.9M | 128.6M | 133.8M | 134.8M | 145.7M |
| Gross profit | 119M | 126.6M | 132.5M | 133.7M | 142.2M | 156M | 153.7M | 155.4M | 157.3M | 166.4M | 170.5M | 166.7M |
| Gross margin | 51.7% | 52.9% | 53.6% | 53% | 53.8% | 56% | 55% | 54.9% | 55% | 55.4% | 55.9% | 53.4% |
| Research & development | 40.4M | 38.9M | 41.5M | 40.7M | 42.5M | 41.5M | 41.1M | 39.9M | 35.2M | 36.1M | 39.7M | 42.1M |
| Selling, general & administrative | 104.4M | 106.3M | 111.7M | 112.3M | 115.2M | 110.3M | 118.1M | 117.1M | 106M | 110.5M | 112.4M | 122.7M |
| Operating expenses | 144.8M | 145.2M | 153.2M | 153M | 157.7M | 151.8M | 159.2M | 157M | 141.2M | 146.6M | 152M | 164.8M |
| Operating income | -25.7M | -18.6M | -20.7M | -19.4M | -15.4M | 4.2M | -5.4M | -1.6M | 16M | 19.8M | 18.5M | 2M |
| Operating margin | -11.2% | -7.78% | -8.38% | -7.68% | -5.84% | 1.5% | -1.94% | -0.55% | 5.61% | 6.59% | 6.06% | 0.63% |
| Non-operating income, net | — | — | 6.6M | — | — | 0 | — | — | — | — | — | — |
| Pretax income | -19.5M | -12.2M | -6.1M | -9.5M | -8.3M | 11.2M | 760K | 2.5M | 18.6M | 23M | 20.6M | 4.3M |
| Income tax | 942K | 119K | 989K | 3.3M | -3.9M | -426K | 184K | 1.4M | 643K | 3.3M | 2.2M | 941K |
| Net income | -20.4M | -12.4M | -7.1M | -12.8M | -4.5M | 11.6M | 576K | 1.2M | 18M | 19.7M | 18.4M | 3.4M |
| Net margin | -8.87% | -5.17% | -2.87% | -5.08% | -1.7% | 4.15% | 0.21% | 0.41% | 6.29% | 6.56% | 6.03% | 1.08% |
| EBITDA | -1.6M | 6.1M | 5.4M | 10.4M | 13.2M | 19.4M | 24.4M | 26M | 42.6M | 27.8M | 46.9M | 33.1M |
| EPS | -0.28 | -0.17 | -0.1 | -0.17 | -0.06 | 0.15 | 0.01 | 0.02 | 0.23 | 0.25 | 0.24 | 0.04 |
| Diluted EPS | -0.28 | -0.17 | -0.1 | -0.17 | -0.06 | 0.13 | 0.01 | 0.01 | 0.21 | 0.23 | 0.21 | 0.04 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 742.7M | 1.4B | 2.5B | 4B | 11.2B | 9.3B | 4.7B | 5.7B | 3B | 1.5B | 2.6B |
| Enterprise value | 730.4M | 1.3B | 2.5B | 3.9B | 11.2B | 9.6B | 4.9B | 5.7B | 3.3B | 1.7B | 2.9B |
| Shares outstanding | 52.3M | 54.9M | 58.1M | 60.4M | 64.2M | 67.5M | 69.9M | 72M | 74.5M | 76.9M | 76.9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | 39.1 | 52.6 |
| P/S | 4.58 | 6.83 | 9.85 | 12.1 | 25.7 | 15.2 | 6.09 | 6.23 | 2.91 | 1.34 | 2.22 |
| P/B | 24.5 | 29.2 | 17.8 | 20.2 | 40.1 | 43.9 | 15.3 | 10.5 | 4.87 | 1.96 | 3.41 |
| EV/EBITDA | 395.2 | 436.1 | 119.2 | 135.7 | 522.6 | -1.1K | -177.5 | -539.8 | 67.3 | 13.7 | 18.9 |
| EV/Sales | 4.51 | 6.72 | 9.53 | 11.8 | 25.8 | 15.8 | 6.32 | 6.3 | 3.12 | 1.44 | 2.38 |
| Earnings yield | — | — | — | — | — | — | — | — | — | 2.56% | 1.9% |
| FCF yield | 0.77% | 0.62% | 1.16% | 0.81% | 0.33% | -0.14% | 0.69% | 1.55% | 2.59% | 10.5% | 10.1% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.53 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 58.7% | 58.5% | 59.6% | 59% | 58.5% | 55.5% | 52.8% | 52.5% | 54.2% | 55.1% | 53.4% |
| Operating margin | -4.04% | -2.86% | 2.72% | 1% | -2.83% | -9.23% | -11.2% | -10.8% | -4.92% | 2.51% | 3.32% |
| Net margin | -7.32% | -4.48% | -0.09% | -1.39% | -9.69% | -8.69% | -12.2% | -8.98% | -1.23% | 3.43% | 4.94% |
| ROE | -39.1% | -19.1% | -0.15% | -2.32% | -15.1% | -25.1% | -30.5% | -15.2% | -2.06% | 5.02% | 7.92% |
| ROA | -11.3% | -7% | -0.06% | -0.94% | -3.96% | -4.44% | -7.61% | -5.47% | -0.62% | 2.2% | 2.86% |
| ROIC | -36.3% | -23.2% | 0% | 3.27% | -3.74% | -9.92% | -18% | -16.4% | -6.04% | 2.83% | 5.38% |
| Return on tangible assets | -15.1% | -8.75% | -0.06% | -1.06% | -6.69% | -6.77% | -11% | -8.49% | -1.08% | 4.13% | 5.89% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.2 | 2.35 | 6.96 | 5.78 | 6.65 | 3.92 | 5.16 | 5.53 | 1.95 | 4.51 | 4.15 |
| Quick ratio | 2.2 | 2.35 | 6.96 | 5.78 | 6.65 | 3.92 | 5.16 | 5.53 | 1.95 | 4.51 | 4.15 |
| Debt / equity | 1.51 | 1 | 1.46 | 1.14 | 2.34 | 3.91 | 2.55 | 1.48 | 1.98 | 1.02 | 1.07 |
| Debt / assets | 0.44 | 0.36 | 0.53 | 0.46 | 0.61 | 0.69 | 0.64 | 0.53 | 0.6 | 0.45 | 0.44 |
| Net debt / EBITDA | -6.67 | -7.2 | -4.07 | -3.4 | 2.31 | -40.3 | -6.36 | -5.99 | 4.7 | 0.9 | 1 |
| Interest coverage | -1.79 | -1.51 | 1.01 | 0.68 | -0.57 | -7 | -11 | -9.39 | 0.14 | 4.19 | 6.2 |
| Effective tax rate | 0% | 0% | 100% | 0% | 0% | 0% | 0% | 0% | 0% | 12.3% | 10.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.1 | 3.64 | 4.44 | 5.43 | 6.78 | 9.03 | 11.1 | 12.6 | 14 | 14.9 | 15.7 |
| EPS (basic) | -0.23 | -0.16 | -0 | -0.08 | -0.66 | -0.79 | -1.35 | -1.13 | -0.17 | 0.51 | 0.51 |
| EPS (diluted) | -0.23 | -0.16 | -0 | -0.08 | -0.66 | -0.79 | -1.35 | -1.13 | -0.17 | 0.45 | 0.68 |
| Book value per share | 0.58 | 0.85 | 2.46 | 3.25 | 4.35 | 3.13 | 4.43 | 7.47 | 8.35 | 10.2 | 10.5 |
| FCF per share | 0.11 | 0.15 | 0.51 | 0.53 | 0.57 | -0.2 | 0.47 | 1.22 | 1.05 | 2.11 | 1.99 |
| Cash per share | 1.11 | 1.25 | 5.02 | 5.3 | 9.41 | 6.96 | 8.79 | 10.1 | 13.5 | 9.06 | 8.75 |
| Capex per share | 0.02 | 0.05 | 0.16 | 0.32 | 0.47 | 0.63 | 0.75 | 0.43 | 0.57 | 0.51 | 0.45 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.7% | 1.32% | 3.59% | 5.86% | 7% | 6.93% | 6.71% | 3.43% | 4.07% | 3.41% | 3.23% |
| Capex / operating cash flow | 25% | 22.5% | 23.2% | 35.2% | 59.5% | -632.9% | 57.3% | 20.5% | 26.5% | 17.3% | 15.6% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$0.79 | — | — | $609.6M | — |
| FY20 | — | -$0.66 | — | — | $434.9M | — |
| FY19 | — | -$0.08 | — | — | $328M | — |
| FY18 | — | -$0 | — | — | $257.7M | — |
| FY17 | — | -$0.16 | — | — | $200.2M | — |
| FY16 | — | -$0.23 | — | — | $162.1M | — |
| 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 | $230.1M | $239.1M | $247M | $252.1M | $264.2M | $278.7M | $279.7M | $283.3M | $285.8M | $300.3M | $305.3M | $312.4M |
| YoY change | +16% | +14.7% | +13.1% | +13.1% | +14.8% | +16.6% | +13.2% | +12.4% | +8.2% | +7.76% | +9.16% | +10.3% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 58.1M | 68.9M | 291.8M | 319.9M | 603.5M | 469.9M | 614.3M | 730.3M | 1B | 696.9M |
| Receivables | 12.6M | 17.5M | 23.1M | 34.6M | 42.4M | 76M | 77.6M | 86.9M | 99.6M | 112.9M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 75M | 92.8M | 334M | 381.3M | 689.1M | 617.2M | 778.7M | 924.1M | 1.2B | 959.7M |
| Property, plant & equipment | 15.2M | 20.4M | 26.4M | 41.9M | 60.2M | 126.5M | 145.3M | 152M | 203M | 225.2M |
| Goodwill & intangibles | 26.7M | 25.7M | 24.9M | 54.7M | 434.2M | 410.6M | 387.2M | 531.5M | 862.1M | 834.8M |
| Total assets | 105.2M | 128.2M | 394.7M | 482.4M | 1.1B | 1.2B | 1.2B | 1.5B | 2.1B | 1.8B |
| Accounts payable | 3.4M | 4.3M | 7M | 10.2M | 17.1M | 20.5M | 23.6M | 24.4M | 26.3M | 30M |
| Short-term debt | 7M | 7M | 6.6M | 8.6M | 4.5M | 9.8M | 10.8M | 12.5M | 452.5M | 21.4M |
| Total current liabilities | 34.1M | 39.5M | 48M | 66M | 103.6M | 157.6M | 150.8M | 167.2M | 641.7M | 213M |
| Long-term debt | 38.8M | 39.8M | 201.3M | 214.7M | 648.7M | 815.7M | 779.8M | 781.4M | 780.6M | 783.7M |
| Total liabilities | 74.9M | 81.4M | 251.9M | 285.9M | 784.6M | 981.8M | 934.5M | 956.5M | 1.4B | 1B |
| Shareholders' equity | 30.3M | 46.8M | 142.7M | 196.5M | 279.2M | 211.1M | 310M | 538.1M | 622.2M | 785.8M |
| Total debt | 45.8M | 46.7M | 207.9M | 223.3M | 653.2M | 825.5M | 790.6M | 793.9M | 1.2B | 805.1M |
| Net debt | -12.3M | -22.2M | 126M | 145.3M | 432.8M | 734.6M | 610M | 650.7M | 870.6M | 573M |
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 | 700.3M | 730.3M | 1.1B | 1.1B | 966.7M | 1B | 1B | 635.9M | 676.2M | 696.9M | 723.9M | 654.1M |
| Receivables | 83.1M | 86.9M | 93.5M | 94.4M | 105.1M | 99.6M | 101.9M | 110.6M | 117.1M | 112.9M | 119M | 119.7M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 890.7M | 924.1M | 1.3B | 1.3B | 1.2B | 1.2B | 1.3B | 894.2M | 949.4M | 959.7M | 1B | 951.3M |
| Property, plant & equipment | 148.2M | 152M | 154M | 162.4M | 200.8M | 203M | 204M | 210.7M | 218.5M | 225.2M | 222.5M | 231.9M |
| Goodwill & intangibles | 537.8M | 531.5M | 525.9M | 520.6M | 870.4M | 862.1M | 856.5M | 849.5M | 841.7M | 834.8M | 828M | 821.2M |
| Total assets | 1.5B | 1.5B | 1.9B | 1.9B | 2B | 2.1B | 2.1B | 1.7B | 1.8B | 1.8B | 1.9B | 1.8B |
| Accounts payable | 28.5M | 24.4M | 25.7M | 29.4M | 33.9M | 26.3M | 29.5M | 31.1M | 30.4M | 30M | 30.6M | 37.3M |
| Short-term debt | 13.1M | 12.5M | 11.7M | 443.7M | 452.1M | 452.5M | 454.3M | 20.6M | 20M | 21.4M | 20.9M | 22.8M |
| Total current liabilities | 172M | 167.2M | 183.5M | 614.7M | 650.2M | 641.7M | 638.9M | 201.6M | 205.7M | 213M | 222.8M | 229.3M |
| Long-term debt | 782.6M | 781.4M | 1.2B | 764.1M | 784.6M | 780.6M | 780M | 778.9M | 778M | 783.7M | 779.4M | 782.2M |
| Total liabilities | 962.6M | 956.5M | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 987.5M | 993.1M | 1B | 1B | 1B |
| Shareholders' equity | 493.9M | 538.1M | 483.6M | 525.9M | 565.6M | 622.2M | 664.3M | 717.4M | 775.3M | 785.8M | 829.6M | 784.8M |
| Total debt | 795.6M | 793.9M | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 799.5M | 798M | 805.1M | 800.3M | 805M |
| Net debt | 667.8M | 650.7M | 969.1M | 1B | 945.7M | 870.6M | 863.9M | 594M | 604.6M | 573M | 527.3M | 617.7M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -11.9M | -9M | -221K | -4.6M | -42.1M | -53M | -94.7M | -81.8M | -12.8M | 39.4M |
| Depreciation & amortization | 8.4M | 8.3M | 10.3M | 19.1M | 30.8M | 47.4M | 55M | 61.2M | 52.9M | 61.8M |
| Stock-based compensation | 9.6M | 15.3M | 28.5M | 42.1M | 64.7M | 108.8M | 172.5M | 206.3M | 166.3M | 148.1M |
| Change in working capital | 1.2M | -470K | -6.6M | -26.5M | -41.3M | -139M | -84.1M | -93.7M | -117.8M | -132.6M |
| Operating cash flow | 4.5M | 11.8M | 40M | 54.7M | 51.1M | -6.7M | 91.2M | 152M | 159.9M | 226.2M |
| Capital expenditure | -1.1M | -2.6M | -9.3M | -19.2M | -30.4M | -42.2M | -52.3M | -31.2M | -42.4M | -39.1M |
| Investing cash flow | -2.4M | -2.6M | -216.7M | -63.6M | -382.3M | -150.5M | 34.9M | -250M | -244.3M | 147.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -260K | — | — | — | — | — | — | — |
| Financing cash flow | -11.1M | -7.8M | 177.3M | -7.1M | 434.3M | -30.3M | -52.2M | 69.5M | 327.4M | -494.2M |
| Net change in cash | -8.9M | 1.4M | 534K | -16M | 103.1M | -187.4M | 73.9M | -28.5M | 243.1M | -120.7M |
| Free cash flow | 5.7M | 8.5M | 29.4M | 32M | 36.9M | -13.2M | 32.7M | 88.1M | 78.6M | 162.1M |
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 | -20.4M | -12.4M | -7.1M | -12.8M | -4.5M | 11.6M | 576K | 1.2M | 18M | 19.7M | 18.4M | 3.4M |
| Depreciation & amortization | 15.9M | 16.4M | 15.5M | 15.9M | 17.5M | 4M | 19.6M | 19.6M | 20.9M | 1.7M | 23.2M | 25.3M |
| Stock-based compensation | 52.6M | 49.6M | 44.7M | 43.6M | 39.6M | 38.4M | 39.2M | 41.9M | 33.3M | 33.6M | 32.7M | 33M |
| Change in working capital | -20.1M | -20.8M | -41.7M | -22.2M | -21.4M | -33.4M | -30.3M | -44.1M | -34.5M | -22.1M | -22.5M | -49.6M |
| Operating cash flow | 43.5M | 48.8M | 28.7M | 43.9M | 46.3M | 40.2M | 51.2M | 35.1M | 59.2M | 83.6M | 63.9M | 42.1M |
| Capital expenditure | -3.3M | -11.3M | -12M | -6.8M | -14.4M | -9.3M | -4.7M | -10M | -10.4M | -10M | -9.2M | -9.3M |
| Investing cash flow | -103M | -20.9M | -263.6M | -88.3M | 81.3M | 26.2M | -29.4M | 232.7M | -61.1M | 9.4M | 5.1M | -24.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | -10M | -90M |
| Financing cash flow | -996K | -3.8M | 331M | -517K | -1M | -2M | -2.2M | -436.9M | -2.5M | -2.6M | -23.3M | -92.4M |
| Net change in cash | -60.5M | 24.1M | 96.2M | -44.9M | 126.6M | 64.3M | 19.6M | -169.2M | -4.4M | 90.4M | 45.8M | -75M |
| Free cash flow | 31.5M | 21.5M | 17.2M | 8.1M | 20.8M | 32.5M | 34.9M | 21.6M | 38.3M | 67.3M | 49.4M | 15.2M |