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 | -$0.39 | -$0.42 | -7.7% | — | $335M | — |
| Q1 26 | -$0.47 | -$0.45 | +4.3% | — | $301.7M | — |
| Q4 25 | -$0.47 | -$0.5 | -6.4% | — | $281.3M | — |
| Q3 25 | -$0.49 | -$0.39 | +20.4% | — | $265.2M | — |
| Q2 25 | -$0.51 | -$0.44 | +13.7% | — | $232.1M | — |
| Q1 25 | -$0.59 | -$0.49 | +16.9% | — | $203.5M | — |
| Q4 24 | -$0.5 | -$0.62 | -24.0% | — | $201.8M | — |
| Q3 24 | -$0.6 | -$0.45 | +25.0% | — | $191.5M | — |
| Q2 24 | -$0.61 | -$0.48 | +21.3% | — | $177.2M | — |
| Q1 24 | -$0.73 | -$0.46 | +37.0% | — | $168.5M | — |
| Q4 23 | -$0.75 | -$0.64 | +14.7% | — | $155.1M | — |
| Q3 23 | -$0.95 | -$0.73 | +23.2% | — | $143M | — |
| Q2 23 | -$1.18 | -$0.67 | +43.2% | — | $137.2M | — |
| Q1 23 | -$1.32 | -$1.3 | +1.5% | — | $128.7M | — |
| Q4 22 | -$1.37 | -$1.36 | +0.7% | — | $126.9M | — |
| Q3 22 | -$1.26 | -$1.41 | -11.9% | — | $117.4M | — |
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 | — | -$3.32 | — | — | $982M | — |
| FY24 | — | -$3.56 | — | — | $739M | — |
| FY23 | — | -$4.28 | — | — | $563.9M | — |
| FY22 | — | -$6.41 | — | — | $449.5M |
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 | $25.2M | $49.8M | $90.6M | $214.4M | $286.7M | $373.7M | $449.5M | $563.9M | $739M | $982M |
| YoY change | — | +97.4% | +81.9% | +136.5% | +33.8% | +30.3% | +20.3% | +25.5% | +31% | +32.9% |
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 | 25.2M | 49.8M | 90.6M | 214.4M | 286.7M | 373.7M | 449.5M | 563.9M | 739M | 982M |
| Cost of revenue | 22.1M | 31.6M | 43.2M | 70.7M | 92.5M | 122.9M | 156.3M | 227.1M | 289.8M | 349M |
| Gross profit | 3.1M | 18.2M | 47.4M | 143.7M | 194.2M | 250.7M | 293.2M | 336.9M | 449.2M | 633M |
| Gross margin | 12.4% | 36.6% | 52.3% | 67% | 67.7% | 67.1% | 65.2% | 59.7% | 60.8% | 64.5% |
| Research & development | 10.9M | 25.6M | 50.7M | 86.3M | 149.9M | 263.2M | 373.8M | 367.2M | 347.8M | 364.2M |
| Selling, general & administrative | 36.1M | 69.3M | 89.7M | 139.7M | 299.3M | 398.5M | 463.8M | 451M | 545.1M | 706.1M |
| Operating expenses | 47M | 94.8M | 140.4M | 226M | 449.1M | 661.7M | 837.6M | 901.6M | 892.8M | 1.1B |
| Operating income | -43.8M | -76.6M | -92.9M | -82.4M | -254.9M | -411M | -544.4M | -564.7M | -443.6M | -437.2M |
| Operating margin | -173.7% | -153.7% | -102.5% | -38.4% | -88.9% | -110% | -121.1% | -100.1% | -60% | -44.5% |
| Non-operating income, net | -1K | -6.1M | 4.7M | 88K | 3.6M | 25.2M | -112.6M | 53.2M | -42.6M | -10.5M |
| Pretax income | -46.1M | -83.2M | -84.2M | -69.7M | -245.9M | -384.5M | -653.4M | -478.8M | -435.1M | -417.5M |
| Income tax | 6K | 7K | 38K | -1.9M | 379K | 300K | 1.1M | 685K | 1.3M | -1.3M |
| Net income | -46.1M | -83.2M | -84.3M | -67.9M | -246.3M | -384.8M | -654.6M | -479.4M | -436.4M | -416.3M |
| Net margin | -182.7% | -167% | -93% | -31.7% | -85.9% | -103% | -145.6% | -85% | -59% | -42.4% |
| EBITDA | -39.4M | -70.2M | -75.8M | -57.1M | -225.1M | -359.6M | -614.9M | -433.3M | -390.1M | -373.9M |
| EPS | -0.65 | -1.26 | -2.8 | -0.84 | -2.6 | -4 | -6.41 | -4.28 | -3.56 | -3.32 |
| Diluted EPS | -0.65 | -1.26 | -2.8 | -0.84 | -2.6 | -4 | -6.41 | -4.28 | -3.56 | -3.32 |
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 | 143M | 155.1M | 168.5M | 177.2M | 191.5M | 201.8M | 203.5M | 232.1M | 265.2M | 281.3M | 301.7M | 335M |
| Cost of revenue | 57.6M | 62.5M | 65.3M | 72.4M | 74.5M | 77.6M | 74.7M | 81.2M | 93.6M | 99.5M | 104.9M | 115.9M |
| Gross profit | 85.4M | 92.5M | 103.2M | 104.8M | 117M | 124.2M | 128.7M | 150.9M | 171.6M | 181.8M | 196.7M | 219M |
| Gross margin | 59.7% | 59.7% | 61.2% | 59.1% | 61.1% | 61.6% | 63.3% | 65% | 64.7% | 64.6% | 65.2% | 65.4% |
| Research & development | 93.9M | 89.9M | 83.8M | 83.1M | 87.3M | 93.5M | 88.5M | 87.4M | 90M | 98.3M | 91M | 96.5M |
| Selling, general & administrative | 105.1M | 116.8M | 119.1M | 122.3M | 147M | 156.6M | 151.3M | 169.8M | 180.6M | 204.3M | 227.1M | 251.6M |
| Operating expenses | 199M | 206.6M | 202.9M | 205.4M | 234.3M | 250.2M | 239.8M | 257.3M | 270.6M | 302.6M | 318.1M | 348.1M |
| Operating income | -113.5M | -197.5M | -99.7M | -100.6M | -117.3M | -126M | -111M | -106.4M | -99M | -120.8M | -121.3M | -129.1M |
| Operating margin | -79.4% | -127.4% | -59.2% | -56.8% | -61.3% | -62.4% | -54.6% | -45.9% | -37.3% | -43% | -40.2% | -38.5% |
| Non-operating income, net | 16.9M | -3.3M | -29.1M | -15.1M | -3M | 4.7M | 7.9M | -25K | -48K | -18.3M | -157K | 308K |
| Pretax income | -85.6M | -187.6M | -114.6M | -102.5M | -107.7M | -110.3M | -94.9M | -99.9M | -92.6M | -130.2M | -111.7M | -120M |
| Income tax | 490K | -541K | 405K | 133K | 30K | 716K | 290K | 38K | 136K | -1.7M | 372K | 185K |
| Net income | -86.1M | -187M | -115M | -102.6M | -107.8M | -111M | -95.2M | -99.9M | -92.7M | -128.5M | -112.1M | -120.1M |
| Net margin | -60.2% | -120.6% | -68.2% | -57.9% | -56.3% | -55% | -46.8% | -43% | -35% | -45.7% | -37.2% | -35.9% |
| EBITDA | -73.9M | -176.1M | -103.2M | -91.2M | -96.5M | -99.2M | -83.8M | -88.8M | -82.2M | -119M | -100.9M | -109M |
| EPS | -0.73 | -1.58 | -0.94 | -0.84 | -0.88 | -0.9 | -0.77 | -0.8 | -0.74 | -1 | -0.85 | -0.9 |
| Diluted EPS | -0.73 | -1.58 | -0.94 | -0.84 | -0.88 | -0.9 | -0.77 | -0.8 | -0.74 | -1 | -0.85 | -0.9 |
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 | — | — | — | — | 12.6B | 10.1B | 2.8B | 3B | 3.7B | 12.8B | 23.8B |
| Enterprise value | — | — | — | — | 11.6B | 10.6B | 3.1B | 3.2B | 4.2B | 13.3B | 24.4B |
| Shares outstanding | 70.7M | 70.7M | 30.4M | 90.6M | 97.5M | 101.3M | 102.2M | 112M | 122.7M | 125.4M | 125.4M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -53.4 |
| P/S | — | — | — | — | 43.8 | 27.1 | 6.18 | 5.37 | 5.07 | 13 | 20.3 |
| P/B | — | — | — | — | 9.27 | 15.7 | 46.2 | 19.1 | -26.9 | -129 | -105.7 |
| EV/EBITDA | — | — | — | — | -51.7 | -29.4 | -5.1 | -7.42 | -10.9 | -35.6 | -56.7 |
| EV/Sales | — | — | — | — | 40.5 | 28.3 | 6.98 | 5.7 | 5.75 | 13.6 | 20.6 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -1.87% |
| FCF yield | — | — | — | — | -1.26% | -2.8% | -13.9% | -11.4% | -7.33% | -1.82% | 0.11% |
| PEG | — | — | — | — | — | — | — | — | — | — | -4.27 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 12.4% | 36.6% | 52.3% | 67% | 67.7% | 67.1% | 65.2% | 59.7% | 60.8% | 64.5% | 65.4% |
| Operating margin | -173.7% | -153.7% | -102.5% | -38.4% | -88.9% | -110% | -121.1% | -100.1% | -60% | -44.5% | -38.2% |
| Net margin | -182.7% | -167% | -93% | -31.7% | -85.9% | -103% | -145.6% | -85% | -59% | -42.4% | -38.3% |
| ROE | -57.9% | -27% | -16.1% | -8% | -18.2% | -59.7% | -1.1K% | -302.1% | 312.5% | 419.2% | 419.2% |
| ROA | -39.6% | -24.3% | -14.3% | -7.05% | -10.8% | -17.5% | -40.7% | -26.8% | -29.4% | -20.7% | -18.1% |
| ROIC | -3K% | -87.1% | -87.6% | -22.5% | -61.4% | -37.8% | -130.2% | -164.3% | -124.5% | -106.8% | -111.8% |
| Return on tangible assets | -39.6% | -25.6% | -14.7% | -7.33% | -11% | -17.7% | -41.4% | -27.2% | -29.8% | -23% | -26.6% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 7.22 | 12.4 | 9.99 | 8.21 | 28.3 | 5.72 | 6.17 | 6.54 | 4.68 | 4.84 | 4.03 |
| Quick ratio | 7.03 | 12 | 9.8 | 8 | 27.9 | 5.57 | 5.9 | 6.24 | 4.36 | 4.56 | 3.71 |
| Debt / equity | 0.21 | 0 | 0 | 0.05 | 0.63 | 2.13 | 22.8 | 8.53 | -9.57 | -17.2 | -0.08 |
| Debt / assets | 0.15 | 0 | 0 | 0.04 | 0.38 | 0.62 | 0.85 | 0.76 | 0.9 | 0.85 | 0.89 |
| Net debt / EBITDA | 1.98 | 3.14 | 5.52 | 8.44 | 4.18 | -1.23 | -0.58 | -0.43 | -1.27 | -1.36 | -1.57 |
| Interest coverage | -14.3 | -29.8 | -66.3 | -58 | -50.6 | -148.2 | -252.6 | -184.7 | -167.6 | -106.1 | -93.4 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.36 | 0.7 | 2.98 | 2.37 | 2.94 | 3.69 | 4.4 | 5.04 | 6.02 | 7.83 | 9.14 |
| EPS (basic) | -0.65 | -1.26 | -2.8 | -0.84 | -2.6 | -4 | -6.41 | -4.28 | -3.56 | -3.32 | -3.32 |
| EPS (diluted) | -0.65 | -1.26 | -2.8 | -0.84 | -2.6 | -4 | -6.41 | -4.28 | -3.56 | -3.32 | -3.51 |
| Book value per share | 1.13 | 4.36 | 17.3 | 9.36 | 13.9 | 6.37 | 0.59 | 1.42 | -1.14 | -0.79 | -1.67 |
| FCF per share | -0.54 | -1.15 | -3.04 | -0.76 | -1.62 | -2.8 | -3.79 | -3.08 | -2.24 | -1.86 | -1.81 |
| Cash per share | 1.35 | 3.13 | 13.8 | 5.77 | 18.4 | 9.21 | 9.9 | 10.4 | 6.84 | 9.58 | 7.85 |
| Capex per share | 0.02 | 0.09 | 0.66 | 0.21 | 0.37 | 0.74 | 0.76 | 0.18 | 0.29 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 6.99% | 13.4% | 22.3% | 8.73% | 12.6% | 20.1% | 17.2% | 3.63% | 4.75% | — | — |
| Capex / operating cash flow | -4.79% | -7.93% | -29.7% | -39.2% | -33.6% | -35.3% | -22.3% | -5.94% | -13.1% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$4 | — | — | $373.7M | — |
| FY20 | — | -$2.6 | — | — | $286.7M | — |
| FY19 | — | -$0.84 | — | — | $214.4M | — |
| FY18 | — | -$2.8 | — | — | $90.6M | — |
| FY17 | — | -$1.26 | — | — | $49.8M | — |
| FY16 | — | -$0.65 | — | — | $25.2M | — |
| 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 | $143M | $155.1M | $168.5M | $177.2M | $191.5M | $201.8M | $203.5M | $232.1M | $265.2M | $281.3M | $301.7M | $335M |
| YoY change | +21.8% | +22.2% | +30.9% | +29.2% | +33.9% | +30.2% | +20.8% | +30.9% | +38.5% | +39.4% | +48.3% | +44.3% |
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 | 95.3M | 221.3M | 419M | 522.8M | 1.8B | 932.7M | 1B | 1.2B | 840M | 1.2B |
| Receivables | 3.5M | 12.8M | 35.7M | 48M | 53.3M | 97.7M | 97.3M | 88.8M | 106.9M | 132.6M |
| Inventory | 2.8M | 7.3M | 9.1M | 15.2M | 22.7M | 30.7M | 51.6M | 61.9M | 71.1M | 85.9M |
| Total current assets | 103.1M | 242.9M | 469M | 597.4M | 1.9B | 1.1B | 1.2B | 1.3B | 1.1B | 1.5B |
| Property, plant & equipment | 12.6M | 16M | 31M | 72.8M | 100.1M | 313.9M | 341.9M | 302.7M | 279.1M | 304.8M |
| Goodwill & intangibles | 0 | 17.5M | 15.6M | 37.4M | 38.9M | 35M | 30M | 24.5M | 20.1M | 206.4M |
| Total assets | 116.6M | 342.9M | 587.4M | 962.5M | 2.3B | 2.2B | 1.6B | 1.8B | 1.5B | 2B |
| Accounts payable | 3.2M | 5M | 10.6M | 16.2M | 7.3M | 38.5M | 68.9M | 51.7M | 38.6M | 54.4M |
| Short-term debt | 131K | 199K | 97K | 7.1M | 6.6M | 12.9M | 21.9M | 27.9M | 29.2M | 27.7M |
| Total current liabilities | 14.3M | 19.6M | 46.9M | 72.7M | 66.8M | 194.7M | 193.2M | 205.9M | 225.6M | 302.7M |
| Long-term debt | 16.9M | 460K | 0 | 33.3M | 847.9M | 1.4B | 1.3B | 1.3B | 1.3B | 1.7B |
| Total liabilities | 36.9M | 34.3M | 62.5M | 114.5M | 916.2M | 1.6B | 1.5B | 1.6B | 1.6B | 2.1B |
| Shareholders' equity | 79.7M | 308.6M | 525M | 848M | 1.4B | 645M | 60.2M | 158.7M | -139.6M | -99.3M |
| Total debt | 17M | 659K | 97K | 40.4M | 854.5M | 1.4B | 1.4B | 1.4B | 1.3B | 1.7B |
| Net debt | -16.6M | -71.6M | -140.4M | -102.8M | 21.5M | 881.5M | 1.2B | 220.2M | 810.5M | 1.3B |
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 | 1.2B | 1.2B | 1.1B | 1B | 999.1M | 840M | 698.6M | 629.1M | 580M | 1.2B | 1.1B | 1.1B |
| Receivables | 88.8M | 88.8M | 84.6M | 100.5M | 88.5M | 106.9M | 111.2M | 126.5M | 110.5M | 132.6M | 131.2M | 140.1M |
| Inventory | 77M | 61.9M | 63M | 67M | 72.3M | 71.1M | 77.3M | 84.1M | 90.5M | 85.9M | 83.9M | 105.5M |
| Total current assets | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B | 1.1B | 927M | 883.4M | 828.9M | 1.5B | 1.4B | 1.4B |
| Property, plant & equipment | 309.3M | 302.7M | 290.3M | 278.4M | 270.1M | 279.1M | 269.8M | 295.9M | 288.2M | 304.8M | 303.9M | 302.9M |
| Goodwill & intangibles | 25.9M | 24.5M | 23.2M | 22.1M | 21.1M | 20.1M | 19.1M | 18.3M | 17.5M | 206.4M | 205.6M | 205M |
| Total assets | 1.8B | 1.8B | 1.7B | 1.6B | 1.5B | 1.5B | 1.3B | 1.3B | 1.3B | 2B | 1.9B | 1.9B |
| Accounts payable | 77.8M | 51.7M | 37.6M | 42.4M | 15.5M | 38.6M | 49.8M | 44.8M | 20.1M | 54.4M | 75M | 93.5M |
| Short-term debt | 26.4M | 27.9M | 28M | 27.7M | 27.4M | 29.2M | 29.7M | 26.3M | 26.4M | 27.7M | 28M | 27.8M |
| Total current liabilities | 226.8M | 205.9M | 220M | 201.6M | 197.3M | 225.6M | 225.8M | 238.4M | 236.9M | 302.7M | 292.1M | 339M |
| Long-term debt | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.7B | 1.7B | 1.7B |
| Total liabilities | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 2.1B | 2.1B | 2.1B |
| Shareholders' equity | 228.3M | 158.7M | 68.3M | -1.6M | -60.1M | -139.6M | -250.8M | -305.5M | -354.5M | -99.3M | -181.1M | -222.9M |
| Total debt | 1.4B | 1.4B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.7B | 1.7B | 1.7B |
| Net debt | 901M | 220.2M | 218.2M | 305.9M | 651M | 810.5M | 607.8M | 705M | 746.4M | 1.3B | 715.3M | 643.5M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -46.1M | -83.2M | -84.3M | -67.9M | -246.3M | -384.8M | -654.6M | -479.4M | -436.4M | -416.3M |
| Depreciation & amortization | 3.7M | 5.2M | 7.1M | 11.4M | 16.1M | 22.3M | 36M | 42.9M | 42.4M | 39.7M |
| Stock-based compensation | 2M | 3.7M | 6.9M | 17M | 144.1M | 151.4M | 94.7M | 90.8M | 140.4M | 166.2M |
| Change in working capital | 2.6M | -10.6M | 2.3M | -11.4M | -40.2M | -30.9M | 41.1M | -30.4M | -50.4M | -60.8M |
| Operating cash flow | -36.9M | -84.2M | -68M | -47.8M | -107.7M | -212.3M | -347.6M | -345M | -267M | -184.8M |
| Capital expenditure | -1.8M | -6.7M | -20.2M | -18.7M | -36.2M | -75M | -77.5M | -20.5M | -35.1M | — |
| Investing cash flow | 26.2M | -170.4M | -153M | -315.1M | -599.2M | -63.2M | 149.8M | 840.3M | -261.3M | -578.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -100K | -12.6M | -172K | 0 | — | — | — | — | — | -45M |
| Financing cash flow | 39.6M | 280.9M | 290M | 349.3M | 1.4B | -84.8M | -201.1M | 466.8M | -15.8M | 638.3M |
| Net change in cash | 28.9M | 26.3M | 68.9M | -13.6M | 686.8M | -360.3M | -398.8M | 962M | -544.1M | -125.3M |
| Free cash flow | -38.5M | -81.2M | -92.4M | -68.4M | -158M | -284.1M | -386.9M | -345.5M | -274.9M | -233.1M |
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 | -86.1M | -187M | -115M | -102.6M | -107.8M | -111M | -95.2M | -99.9M | -92.7M | -128.5M | -112.1M | -120.1M |
| Depreciation & amortization | 11M | 10.9M | 10.7M | 10.6M | 10.6M | 10.5M | 10.2M | 10M | 9.4M | 10.1M | 9.4M | 9.6M |
| Stock-based compensation | 21.8M | 24.3M | 27M | 27.2M | 49.8M | 36.4M | 37.8M | 42.5M | 42.8M | 43.2M | 47.6M | 57.7M |
| Change in working capital | -16.8M | 3.9M | 254K | -22.4M | -6.9M | -21.3M | -18.7M | -13.3M | -5.1M | -23.7M | -7.8M | -41.6M |
| Operating cash flow | -61.7M | -141.1M | -68.1M | -78.3M | -44.6M | -76.2M | -49.4M | -60.3M | -35.4M | -26.4M | -65.6M | -57.8M |
| Capital expenditure | -2.4M | -4.1M | -6.9M | -5.1M | -4.2M | -18.9M | -4.5M | — | — | — | — | — |
| Investing cash flow | 260.7M | 661.9M | 28.1M | -5.1M | -294.8M | 10.5M | 302.9M | -5M | -4M | -818.2M | 705M | 113.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | -45M | 0 | 0 | 0 | 0 | 0 |
| Financing cash flow | 3.7M | 87M | -1.3M | -3.5M | -3.1M | -8M | -67.6M | -7.6M | 566K | 367.9M | -25.2M | -3.8M |
| Net change in cash | 202.7M | 607.8M | -41.3M | -86.9M | -342.5M | -73.7M | 185.8M | -72.9M | -38.8M | -476.7M | 614.1M | 51.6M |
| Free cash flow | -80.2M | -82.8M | -37.2M | -99.1M | -55.3M | -83.4M | -67.1M | -65.9M | -45.8M | -54.2M | -71.2M | -69.5M |