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 | $0.26 | $0.1 | -61.5% | — | — | — |
| Q1 26 | $0.04 | $0.1 | +150.0% | — | $225.9M | — |
| Q3 25 | $0.2 | $0.1 | -50.0% | — | $214M | — |
| Q2 25 | $0.2 | $0.3 | +50.0% | — | $198.9M | — |
| Q1 25 | $0.2 | $0.2 | 0.0% | — | $197.8M | — |
| Q4 24 | $0.17 | -$0.02 | -111.8% | — | $208.8M | — |
| Q3 24 | $0.12 | $0.06 | -50.0% | — | $198.6M | — |
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 | — | $0.6 | — | — | $840.8M | — |
| FY24 | — | $0.4 | — | — | $778.3M | — |
| FY23 | — | $0.5 | — | — | $686.4M | — |
| FY22 | — | -$0.7 | — | — | $558.2M | — |
| FY21 | — | -$2.43 |
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 | $233.1M | $221.4M | $312.4M | $558.2M | $686.4M | $778.3M | $840.8M |
| YoY change | — | -5.02% | +41.1% | +78.7% | +23% | +13.4% | +8.02% |
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 | 233.1M | 221.4M | 312.4M | 558.2M | 686.4M | 778.3M | 840.8M |
| Cost of revenue | 193.5M | 179.5M | 257.1M | 385.6M | 460.7M | 504.6M | 554.9M |
| Gross profit | 39.7M | 41.9M | 55.3M | 172.7M | 225.6M | 273.7M | 285.8M |
| Gross margin | 17% | 18.9% | 17.7% | 30.9% | 32.9% | 35.2% | 34% |
| Research & development | — | — | — | — | — | 3.9M | — |
| Selling, general & administrative | 17.8M | 21.1M | 29.9M | 36.5M | 33.9M | 64M | 75.6M |
| Operating expenses | 28.7M | 35.2M | 49.7M | 77.6M | 85.3M | 126.7M | 146.3M |
| Operating income | -23.4M | -37M | -53.4M | 14.1M | 47.7M | 66M | 56.9M |
| Operating margin | -10% | -16.7% | -17.1% | 2.52% | 6.95% | 8.48% | 6.77% |
| Non-operating income, net | — | — | — | — | — | -16.8M | 10.5M |
| Pretax income | -32.2M | -51.7M | -149.6M | -32.2M | 33.1M | 33.2M | 49.5M |
| Income tax | 774K | 2M | 1.2M | 9M | 7.8M | 11.8M | 13.2M |
| Net income | -33M | -53.8M | -150.8M | -41.3M | 25.3M | 21.4M | 36.3M |
| Net margin | -14.2% | -24.3% | -48.3% | -7.39% | 3.68% | 2.75% | 4.32% |
| EBITDA | 8.5M | 19.3M | 3.4M | 62.6M | 114.2M | 140.8M | 132.8M |
| EPS | -0.53 | -0.87 | -2.43 | -0.7 | 0.5 | 0.4 | 0.6 |
| Diluted EPS | -0.53 | -0.87 | -2.43 | -0.7 | 0.5 | 0.4 | 0.6 |
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 | 173.3M | 189.2M | 187.6M | 183.3M | 198.6M | 208.8M | 197.8M | 198.9M | 214M | 230M | 225.9M | 218.8M |
| Cost of revenue | 116.7M | 134.3M | 126.4M | 117.9M | 131.3M | 129M | 137M | 137.9M | 142.3M | 144.8M | 153.3M | 149.7M |
| Gross profit | 56.5M | 54.9M | 61.2M | 65.4M | 67.3M | 79.7M | 60.8M | 61M | 71.8M | 85.1M | 72.7M | 69.1M |
| Gross margin | 32.6% | 29% | 32.6% | 35.7% | 33.9% | 38.2% | 30.7% | 30.7% | 33.5% | 37% | 32.2% | 31.6% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 6.9M | 10M | 5.9M | 24.5M | 6.9M | 26.7M | 7.2M | 8.1M | 8M | 31.5M | 8M | 7.7M |
| Operating expenses | 30.4M | 17.3M | 28.8M | 30.5M | 31.5M | 32M | 33.7M | 36.5M | 37.6M | 41.7M | 37.4M | 38.7M |
| Operating income | 8.4M | 15.4M | 11.9M | 14.7M | 15.5M | 23.9M | 7.2M | 4.8M | 12.8M | 24.8M | 14.6M | 9.4M |
| Operating margin | 4.83% | 8.16% | 6.36% | 8.03% | 7.78% | 11.5% | 3.65% | 2.41% | 5.97% | 10.8% | 6.48% | 4.29% |
| Non-operating income, net | -6.2M | — | -11.4M | -6.1M | 27.9M | -27.2M | 10.7M | 17.5M | -3.6M | -9.7M | -2.7M | -3.5M |
| Pretax income | 358K | 25.4M | -1.5M | 2.1M | 41.2M | -8.6M | 15.1M | 19.5M | 6.3M | 8.5M | 9M | 2.8M |
| Income tax | 1.8M | 2.2M | 3.1M | 2.2M | 3.6M | 3M | 3.3M | 3.1M | 2.7M | 4.1M | 4.9M | 4.7M |
| Net income | -1.4M | 23.3M | -4.5M | -104K | 37.7M | -11.6M | 11.9M | 16.4M | 3.6M | 4.5M | 4.1M | -1.9M |
| Net margin | -0.81% | 12.3% | -2.42% | -0.06% | 19% | -5.56% | 6.01% | 8.24% | 1.68% | 1.95% | 1.79% | -0.88% |
| EBITDA | 19.9M | 46.7M | 21M | 22.6M | 63.8M | 15.4M | 37.8M | 42.1M | 30.6M | 33.1M | 32.6M | 27M |
| EPS | -0.02 | — | -0.1 | — | 0.6 | -0.2 | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 | 0 |
| Diluted EPS | -0.02 | — | -0.1 | — | 0.6 | -0.2 | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 | 0 |
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 | — | — | — | — | — | 1.7B | 944.9M | 687.8M |
| Enterprise value | — | — | — | — | — | 1.6B | 901.7M | 735.5M |
| Shares outstanding | 61.9M | 61.9M | 61.9M | 55.7M | 55.7M | 57.7M | 58.8M | 58.8M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 77.5 | 26 | 117.5 |
| P/S | — | — | — | — | — | 2.13 | 1.12 | 0.78 |
| P/B | — | — | — | — | — | 4.59 | 2.41 | 1.93 |
| EV/EBITDA | — | — | — | — | — | 11.5 | 6.79 | 7.55 |
| EV/Sales | — | — | — | — | — | 2.08 | 1.07 | 0.83 |
| Earnings yield | — | — | — | — | — | 1.29% | 3.85% | 0.85% |
| FCF yield | — | — | — | — | — | 5.12% | 6.49% | 8.06% |
| PEG | — | — | — | — | — | — | — | -1.17 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 17% | 18.9% | 17.7% | 30.9% | 32.9% | 35.2% | 34% | 31.6% |
| Operating margin | -10% | -16.7% | -17.1% | 2.52% | 6.95% | 8.48% | 6.77% | 4.29% |
| Net margin | -14.2% | -24.3% | -48.3% | -7.39% | 3.68% | 2.75% | 4.32% | 1.16% |
| ROE | 309.7% | 80.3% | 80.5% | -17% | 9.28% | 5.92% | 9.28% | 2.63% |
| ROA | -8.31% | -8.94% | -24.1% | -7.16% | 4.38% | 3.13% | 4.87% | 4.61% |
| ROIC | -7.51% | -7.62% | -12.4% | 3.6% | 11.3% | 13.3% | 12% | 6.42% |
| Return on tangible assets | -8.32% | -8.95% | -24.1% | -7.24% | 4.38% | 3.13% | 4.88% | 1.36% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.43 | 0.28 | 0.35 | 1.31 | 1.7 | 2.51 | 2.41 | 2.5 |
| Quick ratio | 0.41 | 0.26 | 0.32 | 1.09 | 1.47 | 2.27 | 2.15 | 2.25 |
| Debt / equity | -33.7 | -9.07 | -3.98 | 1 | 0.75 | 0.59 | 0.58 | 0.59 |
| Debt / assets | 0.9 | 1.01 | 1.19 | 0.42 | 0.35 | 0.31 | 0.31 | 0.31 |
| Net debt / EBITDA | 38.1 | 28.6 | 182.8 | 2.37 | 0.44 | -0.3 | -0.33 | -0.26 |
| Interest coverage | -2.94 | -2.58 | -6.81 | -1.58 | 4.93 | 4.89 | 5.32 | 3.21 |
| Effective tax rate | 0% | 0% | 0% | 0% | 23.7% | 35.6% | 26.6% | 61.7% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.76 | 3.57 | 5.04 | 10 | 12.3 | 13.5 | 14.3 | 15.1 |
| EPS (basic) | -0.53 | -0.87 | -2.43 | -0.7 | 0.5 | 0.4 | 0.6 | 0.6 |
| EPS (diluted) | -0.53 | -0.87 | -2.43 | -0.7 | 0.5 | 0.4 | 0.6 | 0.1 |
| Book value per share | -0.17 | -1.08 | -3.02 | 4.34 | 4.88 | 6.27 | 6.66 | 6.09 |
| FCF per share | -1.07 | -1.73 | -1.02 | 0.14 | 1.45 | 1.47 | 1.04 | 1.15 |
| Cash per share | 0.59 | 0.89 | 2.04 | 1.68 | 2.74 | 4.42 | 4.62 | 4.1 |
| Capex per share | 1.32 | 1.72 | 1.08 | 1.08 | 0.56 | 0.6 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 35.1% | 48.2% | 21.3% | 10.8% | 4.52% | 4.45% | — | — |
| Capex / operating cash flow | -245% | -191.7% | -44.6% | -122.5% | 93.5% | 31.2% | — | — |
| Payout ratio | — | — | — | — | — | 0% | — | 0% |
| Dividend yield | — | — | — | — | — | 0% | — | — |
| — |
| — |
| $312.4M |
| — |
| FY20 | — | -$0.87 | — | — | $221.4M | — |
| FY19 | — | -$0.53 | — | — | $233.1M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $173.3M | $189.2M | $187.6M | $183.3M | $198.6M | $208.8M | $197.8M | $198.9M | $214M | $230M | $225.9M | $218.8M |
| YoY change | — | — | +16.6% | +12.4% | +14.6% | +10.4% | +5.4% | +8.55% | +7.77% | +10.2% | +14.2% | +9.99% |
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 | 36.3M | 55.1M | 126.1M | 93.9M | 152.9M | 254.7M | 272M |
| Receivables | 3.9M | 3.9M | 6.3M | 9.5M | 18.4M | 30.8M | 35.7M |
| Inventory | 7.5M | 12.1M | 16.7M | 26M | 29.8M | 31.5M | 37.5M |
| Total current assets | 129.6M | 128.7M | 206.7M | 153.4M | 219M | 323.2M | 353.4M |
| Property, plant & equipment | 23.4M | 11.8M | -45.1M | -80.8M | -132.8M | 337.4M | 364.5M |
| Goodwill & intangibles | 588K | 796K | 750K | 6.1M | 804K | 556K | 622K |
| Total assets | 397.3M | 601.6M | 626.7M | 576.1M | 576.9M | 684.4M | 745.9M |
| Accounts payable | 18.9M | 22.2M | 26.5M | 32.3M | 34.4M | 30.7M | 36.3M |
| Short-term debt | 254.3M | 400.8M | 538.3M | 40.1M | 39M | 41.4M | 45.7M |
| Total current liabilities | 298.2M | 452.7M | 596.6M | 117.2M | 128.6M | 128.6M | 146.8M |
| Long-term debt | 104.5M | 207M | 207.2M | 202.2M | 163.9M | 171.2M | 183.1M |
| Total liabilities | 408M | 668.6M | 813.9M | 334.1M | 304.8M | 322.8M | 354.2M |
| Shareholders' equity | -10.7M | -67M | -187.2M | 242M | 272.1M | 361.7M | 391.6M |
| Total debt | 358.8M | 607.7M | 745.6M | 242.3M | 202.9M | 212.6M | 228.8M |
| Net debt | 322.4M | 556.2M | 656M | 148.4M | 50M | -42.1M | -43.2M |
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 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 | 152.9M | 156.5M | 217.8M | 244M | 254.7M | 253.2M | 258.5M | 267.3M | 272M | 271.8M | 266.4M |
| Receivables | 18.4M | 29.6M | 15.8M | 28.2M | 30.8M | 30.5M | 26.6M | 31.1M | 35.7M | 33.2M | 30.8M |
| Inventory | 29.8M | 29.4M | 26.6M | 32.6M | 31.5M | 34.6M | 35.1M | 34.5M | 37.5M | 36.3M | 34.8M |
| Total current assets | 219M | 221.1M | 279.8M | 310.6M | 323.2M | 324.3M | 327.5M | 340.7M | 353.4M | 349.6M | 340.9M |
| Property, plant & equipment | -132.8M | 322.1M | 321.5M | 330.8M | 337.4M | 335.1M | 348.8M | 351.8M | 364.5M | 364.7M | 381.7M |
| Goodwill & intangibles | 804K | 345K | 298K | 287K | 556K | 300K | 272K | 259K | 622K | 288K | 474K |
| Total assets | 576.9M | 567.1M | 624.1M | 666.4M | 684.4M | 684.7M | 702.4M | 719.6M | 745.9M | 742.5M | 751.1M |
| Accounts payable | 34.4M | 36.5M | 33M | 33.6M | 30.7M | 30.4M | 32.3M | 33.6M | 36.3M | 31.2M | 33.6M |
| Short-term debt | 39M | 38.5M | 38.4M | 41.2M | 41.4M | 40.2M | 41M | 42.5M | 45.7M | 45.6M | 45M |
| Total current liabilities | 128.6M | 123.6M | 120.2M | 127M | 128.6M | 124.7M | 129.5M | 134.6M | 146.8M | 137.4M | 136.3M |
| Long-term debt | 163.9M | 157M | 154.4M | 155.8M | 171.2M | 168.4M | 174.3M | 179M | 183.1M | 181.4M | 189.4M |
| Total liabilities | 304.8M | 293.4M | 287.3M | 305.5M | 322.8M | 316.9M | 327.5M | 337.6M | 354.2M | 342.9M | 351.4M |
| Shareholders' equity | 272.1M | 273.7M | 336.8M | 360.9M | 361.7M | 367.8M | 374.9M | 382M | 391.6M | 399.6M | 399.7M |
| Total debt | 202.9M | 195.6M | 192.8M | 197M | 212.6M | 208.7M | 215.2M | 221.5M | 228.8M | 227M | 234.4M |
| Net debt | 50M | 105.5M | 52.1M | -18.2M | -42.1M | 3.7M | -43.2M | 3.7M | -43.2M | -10.1M | -32M |
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 | -32.2M | -51.7M | -149.6M | -32.2M | 33.1M | 33.2M | 49.5M |
| Depreciation & amortization | — | — | — | — | — | 81M | 82.7M |
| Stock-based compensation | — | — | — | — | — | — | — |
| Change in working capital | -8.5M | -13.3M | -15.2M | -22.3M | -4.1M | -5.3M | -900K |
| Operating cash flow | -33.4M | -55.6M | -149.4M | -49.3M | 33.2M | 110.9M | 114.6M |
| Capital expenditure | -81.7M | -106.6M | -66.6M | -60.4M | -31M | -34.6M | — |
| Investing cash flow | -85.9M | -125.8M | -98.6M | -27M | -13M | -31.7M | -129.5M |
| Dividends paid | — | — | — | — | — | 0 | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 168.8M | 141.6M | 148M | -24.6M | -362K | 12.6M | -51M |
| Net change in cash | 49.6M | -39.8M | -100M | -100.9M | 19.8M | 91.8M | -65.9M |
| Free cash flow | -66M | -107.2M | -63M | 7.8M | 81.1M | 85M | 61.4M |
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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating cash flow | — | — | — | — | — | — | — | 26.6M | 34.1M | 34.2M | 24.2M | 28.2M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | — | — | — | 26.6M | 34.1M | 34.2M | 24.2M | 28.2M |
| Free cash flow | 19.9M | 14.9M | 24M | 7.4M | 40.7M | 12.8M | 19.7M | 26.6M | 34.1M | -19.1M | 24.2M | 28.2M |