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 23 | — | -$0.17 | — | — | $79.3M | — |
| Q4 22 | — | -$0.05 | — | — | $95.5M | — |
| Q3 22 | — | $0.24 | — | — | $102.2M | — |
| Q2 22 | — | -$0.53 | — | — | $90.7M | — |
| Q1 22 | — | -$0.11 | — | — | $94.5M | — |
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 | — | -$5.48 | — | — | $281.5M | — |
| FY24 | — | -$9.4 | — | — | $310.6M | — |
| FY23 | — | -$0.33 | — | — | $349.8M | — |
| FY22 | — | -$0.45 | — | — | $382.8M | — |
| FY21 | — | -$0.28 | — | — | $366M | — |
| FY20 | — | -$0.25 | — | — | $364.1M | — |
| FY19 | — | -$0.07 | — | — | $439.2M | — |
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 | $439.2M | $364.1M | $366M | $382.8M | $349.8M | $310.6M | $281.5M |
| YoY change | — | -17.1% | +0.52% | +4.59% | -8.61% | -11.2% | -9.39% |
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 | 439.2M | 364.1M | 366M | 382.8M | 349.8M | 310.6M | 281.5M |
| Cost of revenue | 346M | 284.7M | 304.9M | 325.1M | 298.9M | 302.7M | 258.3M |
| Gross profit | 93.2M | 79.4M | 61.1M | 57.7M | 50.9M | 7.9M | 23.2M |
| Gross margin | 21.2% | 21.8% | 16.7% | 15.1% | 14.6% | 2.55% | 8.23% |
| Research & development | 27.2M | 28.7M | 30.6M | 46M | 40.9M | 34.9M | 25.4M |
| Selling, general & administrative | 77.1M | 87.2M | 87.8M | 131.2M | 95.4M | 75.9M | 60.4M |
| Operating expenses | 100.7M | 110.8M | 108.9M | 349.7M | 131.9M | 106.2M | 79.6M |
| Operating income | -7.5M | -31.3M | -47.8M | -291.9M | -81M | -98.3M | -56.4M |
| Operating margin | -1.7% | -8.6% | -13.1% | -76.3% | -23.2% | -31.6% | -20.1% |
| Non-operating income, net | 236K | -10.2M | -9.1M | 202.8M | 13.9M | -13.5M | -10.7M |
| Pretax income | -12.1M | -50.3M | -67.4M | -98.9M | -76M | -122.8M | -80M |
| Income tax | 1M | -1.1M | 0 | 2K | 0 | 0 | 0 |
| Net income | -13.1M | -49.3M | -67.4M | -98.9M | -76M | -122.8M | -80M |
| Net margin | -2.98% | -13.5% | -18.4% | -25.8% | -21.7% | -39.5% | -28.4% |
| EBITDA | 53.6M | 39.2M | 39.2M | -196.8M | 18.5M | -4.6M | 34.2M |
| EPS | -0.07 | -0.25 | -0.28 | -0.45 | -0.33 | -9.4 | -5.48 |
| Diluted EPS | -0.07 | -0.25 | -0.28 | -0.45 | -0.33 | -9.4 | -5.48 |
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 | 91.8M | 91.5M | 69.7M | 80.9M | 86.9M | 73.1M | 63.6M | 65.8M | 77.6M | 74.4M | 62.9M | 70.6M |
| Cost of revenue | 75M | 80.9M | 65.2M | 76.8M | 82.2M | 78.5M | 60.5M | 65.6M | 68.2M | 64.1M | 50.1M | 54.7M |
| Gross profit | 16.8M | 10.6M | 4.5M | 4.2M | 4.7M | -5.4M | 3.1M | 222K | 9.5M | 10.3M | 12.8M | 16M |
| Gross margin | 18.3% | 11.6% | 6.42% | 5.15% | 5.39% | -7.38% | 4.88% | 0.34% | 12.2% | 13.9% | 20.4% | 22.6% |
| Research & development | 11M | 9.6M | 9.4M | 8.5M | 7.3M | 9.8M | 6M | 6.4M | 6.3M | 6.7M | 6M | 6.2M |
| Selling, general & administrative | 25.7M | 23.9M | 19.9M | 20.3M | 18.7M | 17M | 14M | 15.4M | 15.7M | 15.3M | 11.9M | 13.1M |
| Operating expenses | 36.7M | 33.5M | 27.4M | 28.8M | 29.2M | 18.5M | 19.1M | 23.7M | 23M | 12.7M | 16.7M | 19M |
| Operating income | -19.9M | -18.6M | -22.9M | -24.6M | -24.5M | -23.9M | -15.9M | -23.5M | -13.5M | -2.4M | -3.8M | -3.1M |
| Operating margin | -21.7% | -20.3% | -32.8% | -30.4% | -28.2% | -32.6% | -25.1% | -35.7% | -17.4% | -3.2% | -6.11% | -4.37% |
| Non-operating income, net | 19.4M | -5.7M | 12.5M | 7.1M | 8.8M | -44.3M | 338K | 60K | 2.1M | -14.4M | -934K | 1.1M |
| Pretax income | -3.1M | -26.7M | -13.1M | -20.1M | -18.2M | -71.3M | -18.6M | -26.5M | -14.9M | -19.9M | -7.9M | -4.9M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Net income | -3.1M | -26.7M | -13.1M | -20.1M | -18.2M | -71.3M | -18.6M | -26.5M | -14.9M | -19.9M | -7.9M | -4.9M |
| Net margin | -3.37% | -29.2% | -18.8% | -24.8% | -21% | -97.5% | -29.2% | -40.3% | -19.2% | -26.8% | -12.5% | -6.92% |
| EBITDA | 23.3M | 3.7M | 14.3M | 7.8M | 8.1M | -41.8M | 6.7M | -502K | 12M | 7.5M | 16.1M | 19.1M |
| EPS | -0.01 | -0.12 | -0.06 | -0.08 | -0.06 | -0.25 | -0.06 | -1.8 | -1.01 | -1.41 | -0.5 | -0.24 |
| Diluted EPS | -0.01 | -0.12 | -0.06 | -0.08 | -0.06 | -0.25 | -0.06 | -1.8 | -1.01 | -1.41 | -0.5 | -0.24 |
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 | — | — | — | 14.1B | 12.1B | — | — | 63.4M |
| Enterprise value | — | — | — | 14.3B | 12.4B | — | — | 347.7M |
| Shares outstanding | 193.3M | 193.3M | 244.2M | 222M | 234.8M | 265M | 14.8M | 14.8M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 137 |
| P/S | — | — | — | 36.9 | 34.6 | — | — | 0.21 |
| P/B | — | — | — | 47.2 | 48.7 | — | — | 0.55 |
| EV/EBITDA | — | — | — | -72.6 | 669.6 | — | — | 7.99 |
| EV/Sales | — | — | — | 37.3 | 35.4 | — | — | 1.22 |
| Earnings yield | — | — | — | — | — | — | — | 0.73% |
| FCF yield | — | — | — | -1.33% | -0.49% | — | — | 142.6% |
| PEG | — | — | — | — | — | — | — | -1.58 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 21.2% | 21.8% | 16.7% | 15.1% | 14.6% | 2.55% | 8.23% | 22.6% |
| Operating margin | -1.7% | -8.6% | -13.1% | -76.3% | -23.2% | -31.6% | -20.1% | -4.37% |
| Net margin | -2.98% | -13.5% | -18.4% | -25.8% | -21.7% | -39.5% | -28.4% | -16.7% |
| ROE | -6.01% | -26.9% | -54.5% | -33.1% | -30.6% | -69.5% | -73.9% | -36.1% |
| ROA | -1.94% | -6.23% | -7.98% | -11.3% | -9.11% | -17.5% | -13.3% | -2.86% |
| ROIC | -2.5% | -9.46% | -14.1% | -62.7% | -15.7% | -21.7% | -13.3% | -13.3% |
| Return on tangible assets | -1.94% | -6.25% | -7.99% | -11.3% | -9.11% | -17.5% | -13.3% | -8.28% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.28 | 1.72 | 0.75 | 1.6 | 1.24 | 0.9 | 0.76 | 0.69 |
| Quick ratio | 0.94 | 1.26 | 0.59 | 1.14 | 1 | 0.7 | 0.59 | 0.54 |
| Debt / equity | 1.22 | 2.07 | 3.73 | 1.35 | 1.77 | 2.23 | 3.59 | 3.16 |
| Debt / assets | 0.39 | 0.48 | 0.55 | 0.46 | 0.53 | 0.56 | 0.65 | 0.62 |
| Net debt / EBITDA | 1.51 | 3.77 | 5.48 | -0.85 | 14.4 | -60.5 | 9.3 | 5.25 |
| Interest coverage | -0.34 | -4.16 | -5.08 | -7.4 | -5.38 | -7.68 | -4.46 | -2.27 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.27 | 1.88 | 1.5 | 1.72 | 1.49 | 1.17 | 19.1 | 17.4 |
| EPS (basic) | -0.07 | -0.25 | -0.28 | -0.45 | -0.33 | -9.4 | -5.48 | -5.48 |
| EPS (diluted) | -0.07 | -0.25 | -0.28 | -0.45 | -0.33 | -9.4 | -5.48 | -3.07 |
| Book value per share | 1.13 | 0.95 | 0.51 | 1.35 | 1.06 | 0.67 | 7.34 | 5.6 |
| FCF per share | -0.78 | -0.75 | -0.19 | -0.85 | -0.25 | -0.43 | -2 | 0.13 |
| Cash per share | 0.96 | 1.19 | 1.01 | 1.06 | 0.74 | 0.44 | 4.78 | 3.43 |
| Capex per share | 0.91 | 0.74 | 0.51 | 0.55 | 0.5 | 0.46 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 39.9% | 39.5% | 34.1% | 32% | 33.2% | 39.6% | — | — |
| Capex / operating cash flow | 3.7K% | 2.4K% | 136.8% | -276.4% | 189.2% | -388.9% | — | — |
| Payout ratio | 0% | -2.47% | -10.4% | -2.12% | 0% | 0% | — | 0% |
| Dividend yield | — | — | — | 0.01% | 0% | — | — | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $91.8M | $91.5M | $69.7M | $80.9M | $86.9M | $73.1M | $63.6M | $65.8M | $77.6M | $74.4M | $62.9M | $70.6M |
| YoY change | -10.2% | -4.12% | -12.1% | -7.22% | -5.33% | -20.1% | -8.74% | -18.7% | -10.6% | +1.74% | -1.11% | +7.3% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 185M | 230.9M | 246.2M | 236.1M | 173.9M | 117.1M | 70.6M |
| Receivables | 19.8M | 13.5M | 16.6M | 16.1M | 17.1M | 17M | 18.7M |
| Inventory | 92.9M | 94.5M | 73.1M | 114.7M | 53.1M | 45M | 28.9M |
| Total current assets | 341.9M | 353.8M | 358M | 397.9M | 266.1M | 202.8M | 130.9M |
| Property, plant & equipment | 325.1M | 429.9M | 479.7M | 464.1M | 532.3M | 473.6M | 446.9M |
| Goodwill & intangibles | 1.1M | 1.7M | 1.4M | — | — | — | — |
| Total assets | 675.3M | 790.6M | 844.4M | 873.4M | 834.2M | 700.4M | 601.6M |
| Accounts payable | 65.6M | 29.6M | 52.9M | 38.1M | 37.9M | 29.3M | 12.6M |
| Short-term debt | 96.4M | 109.3M | 249.6M | 98.1M | 86.9M | 112.5M | 93.4M |
| Total current liabilities | 266.1M | 205.1M | 480.5M | 248.2M | 214.1M | 225.6M | 171.9M |
| Long-term debt | 169.4M | 269.7M | 211.5M | 304.6M | 353.4M | 280.7M | 294.9M |
| Total liabilities | 457.4M | 607.6M | 720.7M | 574.4M | 585.5M | 523.9M | 493.3M |
| Shareholders' equity | 217.9M | 183M | 123.7M | 299M | 248.7M | 176.5M | 108.2M |
| Total debt | 265.8M | 379M | 461.1M | 402.6M | 440.3M | 393.2M | 388.3M |
| Net debt | 82.1M | 259.9M | 243.6M | 166.5M | 266.4M | 276M | 317.7M |
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 | 151.5M | 173.9M | 132.5M | 196.9M | 119.2M | 117.1M | 93.3M | 92M | 119.5M | 70.6M | 77.3M | 68.8M |
| Receivables | 20M | 17.1M | 17.3M | 20.5M | 17.7M | 17M | 18.9M | 20.3M | 20.4M | 18.7M | 19.2M | 20.7M |
| Inventory | 114M | 53.1M | 56.5M | 54.2M | 57.7M | 45M | 41.8M | 43.3M | 38.1M | 28.9M | 28.2M | 29.8M |
| Total current assets | 305.9M | 266.1M | 229.7M | 293.9M | 274.3M | 202.8M | 172.8M | 223.8M | 198.8M | 130.9M | 139.6M | 134.9M |
| Property, plant & equipment | 446.3M | 532.3M | 521M | 507.2M | 519.6M | 473.6M | 460.9M | 507.3M | 478.9M | 446.9M | 426.8M | 417.4M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 798.2M | 834.2M | 779.9M | 831M | 819.6M | 700.4M | 657.6M | 755.5M | 702M | 601.6M | 589.8M | 575.5M |
| Accounts payable | 40M | 37.9M | 37.6M | 35.8M | 37.4M | 29.3M | — | 24.4M | 20.5M | 12.6M | 12.8M | 15.7M |
| Short-term debt | 77.4M | 86.9M | 94.3M | 94M | 86.6M | 112.5M | 140.2M | 130.2M | 115.1M | 93.4M | 92.1M | 96.2M |
| Total current liabilities | 203.6M | 214.1M | 203.1M | 200.8M | 212.9M | 225.6M | 212.8M | 221.1M | 209.6M | 171.9M | 175.8M | 195.5M |
| Long-term debt | 315.7M | 353.4M | 329.2M | 325.9M | 335.1M | 280.7M | 270.2M | 346.5M | 332M | 294.9M | 287.6M | 259.1M |
| Total liabilities | 537.6M | 585.5M | 549.3M | 566.8M | 566M | 523.9M | 499M | 603.6M | 569.7M | 493.3M | 473.3M | 463.1M |
| Shareholders' equity | 260.6M | 248.7M | 230.6M | 264.2M | 253.6M | 176.5M | 158.5M | 151.8M | 132.3M | 108.2M | 116.5M | 112.3M |
| Total debt | 393.1M | 440.3M | 423.5M | 419.9M | 421.7M | 393.2M | 410.4M | 476.7M | 447.1M | 388.3M | 379.7M | 355.3M |
| Net debt | 241.6M | 266.4M | 291M | 223M | 302.6M | 276M | 317.1M | 384.6M | 327.6M | 317.7M | 302.4M | 286.4M |
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 | -12.1M | -49.3M | -67.4M | -98.9M | -76M | -122.8M | -80M |
| Depreciation & amortization | 57.2M | 78.6M | 94.8M | 94.8M | 98.4M | 97M | 90.9M |
| Stock-based compensation | 0 | 0 | 5M | 37.9M | 26.3M | 11.6M | 2.3M |
| Change in working capital | -45.2M | -39.6M | 40.4M | -61.8M | 19.3M | -301K | 17.7M |
| Operating cash flow | 4.8M | 6M | 91.1M | -44.4M | 61.5M | -31.7M | 35.9M |
| Capital expenditure | -175.2M | -143.9M | -124.7M | -122.7M | -116.3M | -123.1M | — |
| Investing cash flow | -176.9M | -250.3M | -40.9M | -100.5M | -136.2M | -128.6M | 5.1M |
| Dividends paid | 0 | -1.2M | -7M | -2.1M | 0 | 0 | — |
| Share repurchases | — | 0 | 0 | -106.1M | 0 | 0 | — |
| Financing cash flow | 32.2M | 176.5M | 82.3M | 186.4M | 15.2M | 33.8M | -23M |
| Net change in cash | -139.9M | -67.8M | 132.6M | 41.5M | -59.6M | -126.5M | 18M |
| Free cash flow | -151.6M | -144.9M | -47.6M | -188.5M | -59.2M | -114.6M | -29.5M |
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 | -3.1M | -26.7M | -13.1M | -20.1M | -18.2M | -71.3M | -18.6M | -26.5M | -14.9M | -19.9M | -7.9M | -4.9M |
| Depreciation & amortization | 23.8M | 25.1M | 24.7M | 25.4M | 23.8M | 23.1M | 22.3M | 22.9M | 23.3M | 22.4M | 20.9M | 21.1M |
| Stock-based compensation | 9M | 4M | 3.4M | 4M | 3.4M | 868K | 1.1M | 686K | 559K | -18K | 248K | 156K |
| Change in working capital | 27M | 25.8M | -3.2M | 1.9M | 650K | 448K | -9.7M | 15.9M | 2.9M | 8.5M | -14.1M | 3.5M |
| Operating cash flow | 59.3M | 15M | 14.4M | 13.7M | 12.1M | -71.9M | -1.9M | 24.1M | 10.5M | 10.2M | 3.1M | 22.9M |
| Capital expenditure | -28.1M | -37.6M | -34.4M | -10.7M | -18.8M | -59.2M | -17.9M | — | — | — | — | — |
| Investing cash flow | -30.9M | -37.6M | -34.7M | -11.1M | -74.6M | -64.2M | -18M | -557K | 683K | 6.1M | -2M | 181K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 6.3M | 24.4M | -1M | 73.5M | -12.5M | -26.1M | -912K | 38.6M | -13.5M | -47.2M | 12.9M | -27.6M |
| Net change in cash | 34.7M | 1.8M | -21.4M | 76.1M | -75M | -162.2M | -20.8M | 62.1M | -2.3M | -30.9M | 14M | -4.5M |
| Free cash flow | 8.8M | -11.8M | -33.6M | -6.8M | -10.3M | -63.9M | -26.8M | 8M | -7.1M | -3.6M | -1.5M | 14.9M |