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 | -$2.17 | -$2.36 | -8.8% | — | — | — |
| Q1 26 | -$2.09 | -$1.03 | +50.7% | — | $11.9M | — |
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 | — | -$20.2 | — | — | $361.8M | — |
| FY24 | — | -$0.66 | — | — | $798.9M | — |
| FY23 | — | -$7.19 | — | — | $734.7M | — |
| FY22 | — | -$17.7 | — | — | $631.7M | — |
| FY21 | — | -$26.9 | — | — | $1.1B | — |
| FY20 | — | -$3.3 | — | — | $877.4M | — |
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 | $877.4M | $1.1B | $631.7M | $734.7M | $798.9M | $361.8M |
| YoY change | — | +21.1% | -40.5% | +16.3% | +8.74% | -54.7% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue |
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 | 877.4M | 1.1B | 631.7M | 734.7M | 798.9M | 361.8M |
| Cost of revenue | 199.2M | 239.3M | 187.7M | 159M | 130.6M | 96.1M |
| Gross profit | 678.1M | 823.1M | 444M | 575.7M | 668.3M | 265.7M |
| Gross margin | 77.3% | 77.5% | 70.3% | 78.4% | 83.7% | 73.4% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 404.1M | 463.3M | 324.1M | 298.1M | 317.8M | 207.2M |
| Operating expenses | 628.9M | 830.9M | 631.1M | 550.6M | 581.3M | 348.1M |
| Operating income | -44.8M | -101.8M | -281.1M | -69M | -7M | -152.9M |
| Operating margin | -5.11% | -9.58% | -44.5% | -9.39% | -0.88% | -42.3% |
| Non-operating income, net | -19.3M | -398.9M | -37.4M | -12.7M | 74.9M | -260.8M |
| Pretax income | -97.2M | -534.2M | -375.6M | -151.1M | -5.1M | -501.1M |
| Income tax | 43K | -24K | 764K | 154K | 2.3M | -3.3M |
| Net income | -97.2M | -534.2M | -376.4M | -151.3M | -7.3M | -497.8M |
| Net margin | -11.1% | -50.3% | -59.6% | -20.6% | -0.92% | -137.6% |
| EBITDA | 54.1M | 6.3M | -174M | 36.8M | 99.7M | -72M |
| EPS | -3.3 | -26.9 | -17.7 | -7.19 | -0.66 | -20.2 |
| Diluted EPS | -3.3 | -26.9 | -17.7 | -7.19 | -0.66 | -20.2 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | — | — | 94M | 34.2M | 12.6M | 11.9M |
| Cost of revenue | — | — | 32.4M | 20.1M | 4.3M | 8.3M |
| Gross profit | — | — | 61.6M | 14.1M | 8.3M | 3.6M |
| Gross margin | — | — | 65.5% | 41.2% | 65.6% | 30.2% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | — | — | 50M | 45.2M | 21.9M | 23.9M |
| Operating expenses | — | — | 84.4M | 72.3M | 40.6M | 38.4M |
| Operating income | — | — | -46.3M | -81.8M | -32.3M | -34.8M |
| Operating margin | — | — | -49.2% | -239.1% | -255.3% | -292% |
| Non-operating income, net | — | — | -53.1M | -207.9M | 266K | 156K |
| Pretax income | — | — | -116.3M | -314.4M | -61.7M | -65.4M |
| Income tax | — | — | -353K | -486K | -3.6M | 712K |
| Net income | — | — | -116M | -313.9M | -58.1M | -66.1M |
| Net margin | — | — | -123.3% | -918.3% | -459.4% | -555.1% |
| EBITDA | — | — | -20.1M | -54.8M | -31.6M | -34.3M |
| EPS | 2.42 | -0.52 | -5.1 | -11.8 | — | -2.36 |
| Diluted EPS | 1.56 | -0.52 | -5.1 | -11.8 | — | -2.36 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | 9.9M |
| Enterprise value | — | — | — | — | — | — | 583M |
| Shares outstanding | 5.6M | 7.1M | 8.4M | 9.3M | 10M | 12.9M | 12.9M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0.02 |
| P/S | — | — | — | — | — | — | 0.06 |
| P/B | — | — | — | — | — | — | 2.33 |
| EV/EBITDA | — | — | — | — | — | — | -3.94 |
| EV/Sales | — | — | — | — | — | — | 3.82 |
| Earnings yield | — | — | — | — | — | — | -6K% |
| FCF yield | — | — | — | — | — | — | -1.8K% |
| PEG | — | — | — | — | — | — | -0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 77.3% | 77.5% | 70.3% | 78.4% | 83.7% | 73.4% | 30.2% |
| Operating margin | -5.11% | -9.58% | -44.5% | -9.39% | -0.88% | -42.3% | -292% |
| Net margin | -11.1% | -50.3% | -59.6% | -20.6% | -0.92% | -137.6% | -189.7% |
| ROE | -6.95% | -59.9% | -63.6% | -33.2% | -1.6% | 9.4K% | -289.9% |
| ROA | -4.61% | -25.8% | -22.7% | -10.1% | -0.49% | -50.4% | -10.6% |
| ROIC | -2.71% | -6.77% | -24.8% | -7.61% | -0.75% | -24.1% | -33.7% |
| Return on tangible assets | 232.7% | -60.7% | -57.2% | -21.4% | -0.83% | -50.4% | -60.4% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 3.08 | 1.98 | 1.56 | 1.29 | 1.18 | 2.02 | 2.03 |
| Quick ratio | 3.08 | 1.98 | 1.56 | 1.29 | 1.18 | 2.02 | 2.03 |
| Debt / equity | 0.29 | 0.78 | 0.94 | 1.19 | 1.15 | -126.5 | -0.1 |
| Debt / assets | 0.19 | 0.34 | 0.34 | 0.36 | 0.35 | 0.68 | 0.75 |
| Net debt / EBITDA | 4.74 | 96.5 | -3.11 | 12.3 | 4.89 | -8.88 | -4.6 |
| Interest coverage | -1.95 | -14.9 | -5.58 | -1.18 | 0.93 | -4.74 | -4.46 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 156.3 | 150.4 | 74.8 | 79.1 | 80 | 28 | 10.6 |
| EPS (basic) | -3.3 | -26.9 | -17.7 | -7.19 | -0.66 | -20.2 | -20.2 |
| EPS (diluted) | -3.3 | -26.9 | -17.7 | -7.19 | -0.66 | -20.2 | -22 |
| Book value per share | 249.3 | 126.3 | 70.1 | 49 | 45.9 | -0.41 | 0.13 |
| FCF per share | -22.9 | -45.1 | 5.61 | 10.3 | -3.54 | -10.1 | -6.65 |
| Cash per share | 25.7 | 11.9 | 1.95 | 9.77 | 4.1 | 2.54 | 2.39 |
| Capex per share | 2.59 | 2.8 | 1.6 | 1.48 | 1.38 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.66% | 1.86% | 2.14% | 1.87% | 1.72% | — | — |
| Capex / operating cash flow | -16.4% | -2.81% | 41.1% | 24.5% | -18.4% | — | — |
| Payout ratio | — | 0% | 0% | -2.36% | 0% | 0% | 0% |
| — |
| — |
| $94M |
| $34.2M |
| $12.6M |
| $11.9M |
| YoY change | — | — | — | — | — | — |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 144.2M | 84.4M | 16.5M | 90.8M | 40.9M | 32.9M |
| Receivables | 202.3M | 285.9M | 340.5M | 336.5M | 324.9M | 239.7M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 391.8M | 429M | 414.6M | 476.4M | 400.4M | 285.8M |
| Property, plant & equipment | 17.4M | 47.7M | 46.8M | 48.8M | 48.6M | 14.8M |
| Goodwill & intangibles | 2.2B | 1.2B | 1B | 793.1M | 605M | 0 |
| Total assets | 2.1B | 2.1B | 1.7B | 1.5B | 1.5B | 987.4M |
| Accounts payable | 87.2M | 144M | 137.2M | 136.4M | 113.4M | 70.9M |
| Short-term debt | 4.2M | 11.4M | 14.2M | 80.8M | 45.2M | 7.2M |
| Total current liabilities | 127.4M | 217.1M | 265.5M | 370M | 338.1M | 141.5M |
| Long-term debt | 396.4M | 684.9M | 543.2M | 462.3M | 482.8M | 665.4M |
| Total liabilities | 709.6M | 1.2B | 1.1B | 1B | 1B | 992.7M |
| Shareholders' equity | 1.4B | 892.5M | 591.7M | 455M | 458.4M | -5.3M |
| Total debt | 400.6M | 696.3M | 557.4M | 543M | 528M | 672.6M |
| Net debt | 256.3M | 611.9M | 541M | 452.2M | 487M | 639.7M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 40.9M | 22.2M | 35.6M | 32.1M | 32.9M | 39.9M |
| Receivables | 324.9M | 213.3M | 226.3M | 238.9M | 239.7M | 214.6M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 400.4M | 260.9M | 288.8M | 287.5M | 285.8M | 264.9M |
| Property, plant & equipment | 48.6M | 45.7M | 44.8M | 15.7M | 14.8M | 13.9M |
| Goodwill & intangibles | 605M | 558M | 404.9M | 0 | 0 | — |
| Total assets | 1.5B | 1.4B | 1.3B | 1B | 987.4M | 917.9M |
| Accounts payable | 113.4M | 79.2M | 82.1M | 76.9M | 70.9M | 68.5M |
| Short-term debt | 45.2M | 44.1M | 4.8M | 4.9M | 7.2M | 10.6M |
| Total current liabilities | 338.1M | 233.4M | 185M | 175.7M | 141.5M | 130.2M |
| Long-term debt | 482.8M | 479.5M | 591.3M | 611.8M | 665.4M | 677.6M |
| Total liabilities | 1B | 931.1M | 977.1M | 981.5M | 992.7M | 986.7M |
| Shareholders' equity | 458.4M | 451M | 334M | 49M | -5.3M | -68.8M |
| Total debt | 528M | 523.6M | 596M | 616.7M | 672.6M | 688.1M |
| Net debt | 487M | 501.5M | 560.5M | 584.6M | 639.7M | 648.2M |
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 | -97.2M | -534.2M | -376.4M | -151.3M | -7.3M | -497.8M |
| Depreciation & amortization | 98.6M | 107.5M | 107M | 105.7M | 105.9M | 80.1M |
| Stock-based compensation | 216.2M | 27.3M | 27.1M | 19.5M | 11.3M | 9.2M |
| Change in working capital | -326.4M | -313.5M | 267.5M | 75.7M | -117.5M | 99.2M |
| Operating cash flow | -88.4M | -705.7M | 32.9M | 56M | -74.7M | -121.9M |
| Capital expenditure | -14.5M | -19.8M | -13.5M | -13.7M | -13.7M | — |
| Investing cash flow | -14.5M | -19.8M | -13.5M | -13.7M | 3.8M | 0 |
| Dividends paid | — | 0 | 0 | -3.6M | 0 | 0 |
| Share repurchases | -100M | 0 | -345K | -2.3M | -1.5M | -5.2M |
| Financing cash flow | 260.7M | 259.1M | -115.1M | -21.2M | -32.4M | 122M |
| Net change in cash | 157.8M | -466.4M | -95.7M | 21.1M | -103.3M | 48K |
| Free cash flow | -128.7M | -318.8M | 47.4M | 95.4M | -35.3M | -130.2M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | — | — | -116M | -313.9M | -58.1M | -66.1M |
| Depreciation & amortization | — | — | 26.2M | 27M | 410K | 307K |
| Stock-based compensation | — | — | -135K | 3.5M | 3M | 2.6M |
| Change in working capital | — | — | 16.7M | 19.3M | 40M | 71.7M |
| Operating cash flow | — | — | -37.8M | -32.7M | -39.1M | 7M |
| Capital expenditure | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | 0 | — |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | -4.2M | -102K | -91K | -25K |
| Financing cash flow | -506M | -2.4M | -4.2M | 31.4M | 39.9M | -25K |
| Net change in cash | -506M | -2.4M | -42M | -1.2M | 835K | 7M |
| Free cash flow | — | — | -40.6M | -35M | -39.1M | 7M |