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 | $0.11 | -8.3% | — | $167.7M | — |
| Q1 26 | $0.18 | $0.21 | +16.7% | — | $188.1M | — |
| Q3 25 | $0.35 | $0.37 | +5.7% | — | $200.1M | — |
| Q2 25 | $0.07 | $0.02 | -71.4% | — | $131.9M | — |
| Q1 25 | $0.1 | $0.12 | +20.0% | — | $133.5M | — |
| Q4 24 | $0.13 | $0.12 | -7.7% | — | $117.5M | — |
| Q3 24 | $0.29 | $0.39 | +34.5% | — | $156.8M | — |
| Q2 24 | $0.01 | $0.02 | +100.0% | — | $103.7M | — |
| Q1 24 | $0.07 | $0.1 | +42.9% | — | $114.1M | — |
| Q4 23 | $0.01 | $0.03 | +200.0% | — | $100.5M | — |
| Q3 23 | $0.1 | $0.08 | -20.0% | — | $123.3M | — |
| Q2 23 | -$0.14 | -$0.15 | -7.1% | — | $84.9M | — |
| Q1 23 | -$0.06 | -$0.03 | +50.0% | — | $94.4M | — |
| Q4 22 | -$0.1 | -$0.01 | +90.0% | — | $73.1M | — |
| Q3 22 | $0.07 | -$0.04 | -157.1% | — | $95.2M | — |
| Q2 22 | -$0.14 | -$0.22 | -57.1% | — | $56.5M | — |
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 | — | $0.11 | — | — | $623M | — |
| FY24 | — | $0.02 | — | — | $492.1M | — |
| FY23 | — | -$0.07 | — | — | $403.1M | — |
| FY22 | — | -$0.36 | — | — | $289.4M | — |
| FY21 | — | -$0.4 |
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 | $94.9M | $131.8M | $201.1M | $289.4M | $403.1M | $492.1M | $623M |
| YoY change | — | +38.8% | +52.6% | +43.9% | +39.3% | +22.1% | +26.6% |
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 | 94.9M | 131.8M | 201.1M | 289.4M | 403.1M | 492.1M | 623M |
| Cost of revenue | 36.7M | 47.8M | 70.2M | 107.9M | 147.3M | 177.5M | 240.4M |
| Gross profit | 58.2M | 84M | 131M | 181.4M | 255.8M | 314.7M | 382.7M |
| Gross margin | 61.3% | 63.7% | 65.1% | 62.7% | 63.4% | 63.9% | 61.4% |
| Research & development | 15M | 24.5M | 31.3M | 50.3M | 62M | 66.6M | 70.2M |
| Selling, general & administrative | 60.6M | 75.3M | 112.9M | 161.4M | 215.2M | 255.3M | 292.5M |
| Operating expenses | 75.6M | 99.8M | 144.2M | 211.7M | 277.3M | 321.9M | 362.7M |
| Operating income | -17.5M | -15.8M | -13.3M | -30.2M | -21.5M | -7.3M | 20M |
| Operating margin | -18.4% | -12% | -6.59% | -10.4% | -5.34% | -1.47% | 3.21% |
| Non-operating income, net | 350K | 72K | -10.6M | -9.2M | 4.2M | -11.8M | -659K |
| Pretax income | -19.6M | -18.3M | -25.9M | -37.4M | -4.4M | 1.9M | 21.4M |
| Income tax | 550K | -7.2M | 2.2M | 2M | 4.2M | -1M | 7.9M |
| Net income | -20.1M | -11.1M | -28.1M | -39.3M | -8.6M | 2.9M | 13.5M |
| Net margin | -21.2% | -8.43% | -14% | -13.6% | -2.13% | 0.59% | 2.17% |
| EBITDA | -13.3M | -8.3M | -4.2M | -23.8M | 11.8M | 31.5M | 51.7M |
| EPS | -0.23 | -0.12 | -0.4 | -0.36 | -0.07 | 0.02 | 0.11 |
| Diluted EPS | -0.23 | -0.12 | -0.4 | -0.36 | -0.07 | 0.02 | 0.11 |
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 | 123.3M | 100.5M | 114.1M | 103.7M | 156.8M | 117.5M | 133.5M | 131.9M | 200.1M | 157.5M | 188.1M | 167.7M |
| Cost of revenue | 42.9M | 36.8M | 41.6M | 39.9M | 54.6M | 41.4M | 81M | 53.9M | 72.3M | 63.6M | 92.7M | 107.5M |
| Gross profit | 80.4M | 63.8M | 72.5M | 63.8M | 102.3M | 76.2M | 52.5M | 78M | 127.8M | 94M | 95.5M | 60.2M |
| Gross margin | 65.2% | 63.4% | 63.5% | 61.5% | 65.2% | 64.8% | 39.3% | 59.1% | 63.9% | 59.6% | 50.7% | 35.9% |
| Research & development | 14.6M | 16.9M | 16.7M | 15.8M | 16.7M | 17.4M | 16.9M | 17.1M | 17.6M | 18.5M | 19.4M | 18.4M |
| Selling, general & administrative | 53.9M | 56.9M | 61.7M | 63.7M | 65.3M | 64.6M | 33.5M | 68.6M | 77.9M | 76.4M | 60M | 43.6M |
| Operating expenses | 68.5M | 73.8M | 78.4M | 79.6M | 82M | 81.9M | 50.4M | 85.7M | 95.6M | 94.9M | 79.5M | 62M |
| Operating income | 11.9M | -10M | -6M | -15.8M | 20.3M | -5.8M | -949K | -7.7M | 32.3M | -965K | 10.8M | -1.8M |
| Operating margin | 9.64% | -9.97% | -5.23% | -15.2% | 12.9% | -4.91% | -0.71% | -5.8% | 16.1% | -0.61% | 5.73% | -1.06% |
| Non-operating income, net | -4.2M | 7.7M | -4.4M | 998K | 5.5M | -13.9M | -6.3M | 2.6M | -626K | 968K | 3.3M | -3.9M |
| Pretax income | 11.4M | 3.2M | -4.6M | -9.2M | 30.6M | -14.9M | -5M | -5M | 31.2M | 311K | 14.7M | -5.3M |
| Income tax | 752K | 1.9M | 1.6M | 4.7M | -8.3M | 995K | -884K | 7M | 1.6M | 278K | 2.2M | 2.8M |
| Net income | 10.6M | 1.3M | -6.2M | -13.9M | 38.9M | -15.9M | -4.2M | -12M | 29.6M | 33K | 12.5M | -8.1M |
| Net margin | 8.63% | 1.28% | -5.45% | -13.4% | 24.8% | -13.5% | -3.12% | -9.1% | 14.8% | 0.02% | 6.65% | -4.86% |
| EBITDA | 19.6M | 7.3M | 4.2M | -5.9M | 29.5M | 3.8M | 7.5M | 203K | 39.8M | 6.9M | 19.7M | 6.2M |
| EPS | 0.09 | — | -0.05 | -0.11 | 0.31 | -0.13 | -0.03 | -0.1 | 0.24 | 0 | 0.1 | -0.07 |
| Diluted EPS | 0.08 | — | -0.05 | -0.11 | 0.3 | -0.13 | -0.03 | -0.1 | 0.23 | 0 | 0.1 | -0.07 |
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 | — | — | — | — | 2.7B | 2.6B | 1.7B | 2.1B |
| Enterprise value | — | — | — | — | 2B | 2B | 1.4B | 1.8B |
| Shares outstanding | 89.1M | 89.1M | 71.2M | 107.9M | 114.8M | 124.3M | 122.4M | 122.4M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 883.6 | 128.4 | 64.6 |
| P/S | — | — | — | — | 6.59 | 5.21 | 2.78 | 2.97 |
| P/B | — | — | — | — | 3.38 | 3.15 | 2.07 | 2.6 |
| EV/EBITDA | — | — | — | — | 170.2 | 61.9 | 26.7 | 28.8 |
| EV/Sales | — | — | — | — | 4.97 | 3.97 | 2.21 | 2.56 |
| Earnings yield | — | — | — | — | — | 0.11% | 0.78% | 1.55% |
| FCF yield | — | — | — | — | 2.81% | 3.33% | 5.21% | 7.98% |
| PEG | — | — | — | — | — | — | — | -2.15 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 61.3% | 63.7% | 65.1% | 62.7% | 63.4% | 63.9% | 61.4% | 35.9% |
| Operating margin | -18.4% | -12% | -6.59% | -10.4% | -5.34% | -1.47% | 3.21% | -1.35% |
| Net margin | -21.2% | -8.43% | -14% | -13.6% | -2.13% | 0.59% | 2.17% | 4.77% |
| ROE | 26.7% | 13.6% | -5.82% | -8.16% | -1.09% | 0.36% | 1.62% | 4.23% |
| ROA | -14.3% | -4.09% | -4.39% | -5.84% | -0.79% | 0.26% | 1.08% | 2.18% |
| ROIC | 12.8% | 9.79% | -10.8% | -22.5% | -16.2% | -3.53% | 2.61% | 6.4% |
| Return on tangible assets | -23.2% | -24.3% | -10% | -13.9% | -1.38% | 0.49% | 21.7% | -519.6% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.31 | 1.68 | 3.78 | 2.54 | 2.98 | 2.63 | 1.5 | 1.52 |
| Quick ratio | 1.31 | 1.68 | 3.78 | 2.54 | 2.98 | 2.63 | 1.5 | 1.52 |
| Debt / equity | -0.33 | -0.3 | 0.05 | 0 | 0 | 0 | 0 | 0 |
| Debt / assets | 0.17 | 0.09 | 0.04 | 0 | 0 | 0 | 0 | 0 |
| Net debt / EBITDA | 4.63 | 9.57 | 86.6 | 14.6 | -55.4 | -19.3 | -6.84 | -4.03 |
| Interest coverage | -6.96 | -6.22 | -11.8 | -29.8 | -10.7 | 4.46 | 7.08 | 18.4 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 37% | 16.7% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.07 | 1.48 | 2.83 | 2.68 | 3.51 | 3.96 | 5.09 | 5.84 |
| EPS (basic) | -0.23 | -0.12 | -0.4 | -0.36 | -0.07 | 0.02 | 0.11 | 0.11 |
| EPS (diluted) | -0.23 | -0.12 | -0.4 | -0.36 | -0.07 | 0.02 | 0.11 | 0.27 |
| Book value per share | -0.84 | -0.92 | 6.78 | 4.46 | 6.85 | 6.56 | 6.82 | 6.71 |
| FCF per share | 0 | -0.18 | 0.15 | -0.02 | 0.65 | 0.69 | 0.74 | 1.26 |
| Cash per share | 0.97 | 1.17 | 5.41 | 3.24 | 5.7 | 4.92 | 2.9 | 2.42 |
| Capex per share | 0.04 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.95% | 1.62% | 0.52% | 0.47% | 0.25% | 0.19% | — | — |
| Capex / operating cash flow | -40.7% | -35.9% | 38.2% | -4.18% | -49.5% | 1.03% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $201.1M |
| — |
| FY20 | — | -$0.12 | — | — | $131.8M | — |
| FY19 | — | -$0.23 | — | — | $94.9M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $123.3M | $100.5M | $114.1M | $103.7M | $156.8M | $117.5M | $133.5M | $131.9M | $200.1M | $157.5M | $188.1M | $167.7M |
| YoY change | +29.5% | +37.6% | +20.9% | +22.2% | +27.2% | +16.9% | +17% | +27.2% | +27.6% | +34% | +41% | +27.2% |
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 | 86M | 104.1M | 385.4M | 349.2M | 654.6M | 611.1M | 355M |
| Receivables | 1.7M | 11.6M | 13M | 13.7M | 18.2M | 23.7M | 34.8M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 108.2M | 148.6M | 443.8M | 450.6M | 815.7M | 762.9M | 602.3M |
| Property, plant & equipment | 4.8M | 5.1M | 9.4M | 13.3M | 15.1M | 17.2M | 22.1M |
| Goodwill & intangibles | 54.4M | 225.7M | 358.9M | 390.8M | 459.6M | 536.5M | 1.2B |
| Total assets | 141M | 271.4M | 639.8M | 674.3M | 1.1B | 1.1B | 1.3B |
| Accounts payable | 2.9M | 5.4M | 10.2M | 13.3M | 12.6M | 15.4M | 15.3M |
| Short-term debt | 3.9M | — | — | 1.8M | 1.5M | 1.7M | 1.3M |
| Total current liabilities | 82.8M | 88.4M | 117.5M | 177.3M | 273.8M | 289.8M | 401.8M |
| Long-term debt | 20.7M | 24.4M | 25.9M | — | — | — | — |
| Total liabilities | 216.3M | 353.2M | 157.6M | 192.4M | 293.6M | 307.7M | 418.1M |
| Shareholders' equity | -75.3M | -81.8M | 482.2M | 481.9M | 786.1M | 814.8M | 835.2M |
| Total debt | 24.6M | 24.4M | 25.9M | 1.8M | 1.5M | 1.7M | 1.3M |
| Net debt | -61.4M | -79.7M | -359.4M | -347.4M | -653.1M | -493.5M | -329M |
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 | 638.2M | 654.6M | 619M | 571M | 681.1M | 611.1M | 255.3M | 274.2M | 377.3M | 355M | 325.1M | 294.2M |
| Receivables | 18.2M | 18.2M | 19.7M | 20.3M | 27.5M | 23.7M | 33.6M | 29.7M | 40.4M | 34.8M | 40.2M | 38.8M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 762.4M | 815.7M | 739.1M | 710.9M | 875.5M | 762.9M | 396.5M | 448.8M | 606.1M | 602.3M | 512.3M | 504.5M |
| Property, plant & equipment | 15.2M | 15.1M | 15.6M | 17.1M | 17.7M | 17.2M | 17.4M | 18.9M | 20.4M | 22.1M | 24.3M | 26.4M |
| Goodwill & intangibles | 370.9M | 459.6M | 446.3M | 443.9M | 566.5M | 536.5M | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Total assets | 982.4M | 1.1B | 998.7M | 998.7M | 1.2B | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | 1.2B | 1.2B |
| Accounts payable | 17.6M | 12.6M | 15.4M | 13.5M | 23.2M | 15.4M | 15.1M | 17.5M | 18.9M | 15.3M | 16M | 18.2M |
| Short-term debt | 992K | 1.5M | 1.4M | 1.5M | 1.5M | 1.7M | 1.6M | 1.4M | 1.2M | 1.3M | 1.5M | 1.5M |
| Total current liabilities | 192.1M | 273.8M | 182.5M | 177.4M | 375.3M | 289.8M | 195.9M | 240.2M | 395.9M | 401.8M | 293.5M | 330.9M |
| Long-term debt | — | — | — | — | — | — | 60M | 60M | 15M | — | — | — |
| Total liabilities | 207.1M | 293.6M | 201.7M | 196.2M | 396.8M | 307.7M | 276.1M | 321.9M | 430.7M | 418.1M | 310.2M | 346.4M |
| Shareholders' equity | 775.3M | 786.1M | 797M | 802.6M | 843.2M | 814.8M | 784.3M | 792.4M | 829.1M | 835.2M | 852.2M | 816.6M |
| Total debt | 992K | 1.5M | 1.4M | 1.5M | 1.5M | 1.7M | 61.6M | 61.4M | 16.2M | 1.3M | 1.5M | 1.5M |
| Net debt | -637.2M | -653.1M | -617.6M | -537.8M | -563.6M | -493.5M | -128.9M | -188.3M | -338.7M | -329M | -310.4M | -280.9M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -20.1M | -11.1M | -28.1M | -39.3M | -8.6M | 2.9M | 13.5M |
| Depreciation & amortization | 3.7M | 6.8M | 9M | 12.3M | 15.8M | 17.4M | 26.1M |
| Stock-based compensation | 2.9M | 3.8M | 18.9M | 30.3M | 43.7M | 64.9M | 71.8M |
| Change in working capital | 3.3M | -3M | -1K | -33.2M | -55.5M | 14.8M | -73.8M |
| Operating cash flow | -9.2M | -6M | 2.7M | -32.3M | -2M | 90M | 100.2M |
| Capital expenditure | -3.7M | -2.1M | -1M | -1.4M | -1M | -924K | — |
| Investing cash flow | -3.7M | -81.5M | -57.3M | -18.9M | -33.8M | -210.5M | -184.4M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | -295K | 0 | 0 | — | — | -43.7M | -74.3M |
| Financing cash flow | -4.4M | 118.3M | 320.3M | -32.2M | 250.4M | -46.4M | -84M |
| Net change in cash | -17.3M | 30.8M | 265.8M | -83.5M | 214.6M | -166.8M | -168.2M |
| Free cash flow | 325K | -16.4M | 10.4M | -1.6M | 74.6M | 85.2M | 90.3M |
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 | 10.6M | 1.3M | -6.2M | -13.9M | 38.9M | -15.9M | -4.2M | -12M | 29.6M | 33K | 12.5M | -8.1M |
| Depreciation & amortization | 3.9M | 4M | 4.3M | 4.2M | 4.2M | 4.7M | 5.5M | 6.8M | 6.8M | 7M | 8M | 7.3M |
| Stock-based compensation | 11.3M | 12.4M | 14.8M | 17.1M | 16.5M | 16.5M | 18.2M | 17.5M | 17.7M | 18.3M | 17.5M | 17.3M |
| Change in working capital | -26.2M | -38.9M | 34.8M | -11.8M | -42.4M | 34.2M | 20.6M | -27M | -37.9M | -30.8M | 62.9M | -18.6M |
| Operating cash flow | -401K | -18.8M | 46.9M | -4.9M | 12M | 36M | 41.4M | 26M | 156.2M | 4.9M | -15.8M | 21.1M |
| Capital expenditure | -272K | -66K | -255K | -349K | -219K | -101K | -187K | — | — | — | — | — |
| Investing cash flow | -272K | -32.8M | -255K | -58.7M | -142.1M | -9.5M | -236.6M | 43.6M | 7.9M | 18K | 11.3M | 1.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | -22.9M | -20.9M | -49.3M | -5M | -10M | -10M | -10M | -49.5M |
| Financing cash flow | -447K | -9.1M | -783K | 0 | -22.9M | -22.7M | 9M | -8.4M | -59.1M | -25.6M | -13.5M | -51.4M |
| Net change in cash | -1.1M | -60.7M | 45.8M | -63.5M | -153M | 3.9M | -186.1M | 61.2M | 105M | -20.7M | -18.1M | -28.9M |
| Free cash flow | 44.9M | 58.8M | -39.6M | -21.7M | 188.8M | -42.3M | -80.4M | 23.4M | 153.5M | 1.8M | -19.4M | 17.8M |