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 24 | -$0.75 | -$1.74 | -132.0% | — | $10.1B | — |
| Q1 23 | — | -$0.03 | — | — | $7.8B | — |
| Q4 22 | — | -$0.09 | — | — | $6.3B | — |
| Q3 22 | -$0.91 | -$1.75 | -92.3% | — | $5.3B | — |
| Q2 22 | -$0.75 | -$1.74 | -132.0% | — | $4.1B | — |
| Q1 22 | -$0.08 | -$0.74 | -825.0% | — | $4B | — |
| Q4 21 | -$1.71 | $2.19 | +228.1% | — | $2.8B | — |
| Q3 21 | -$1.16 | -$2.74 | -136.2% | — | $3.1B | — |
| Q2 21 | -$0.94 | -$1.14 | -21.3% | — | $3.2B | — |
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 | — | -$18 | — | — | $84.7B | — |
| FY24 | — | -$4.9 | — | — | $57B | — |
| FY23 | — | $0.23 | — | — | $35.6B | — |
| FY22 | — | -$4.06 | — | — | $26.5B | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2B | $2.6B | $15.2B | $24.8B | $26.5B | $35.6B | $57B | $84.7B |
| YoY change | — | +33.2% | +482.7% | +63.4% | +6.8% | +34.3% | +60.4% | +48.4% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2B | 2.6B | 15.2B | 24.8B | 26.5B | 35.6B | 57B | 84.7B |
| Cost of revenue | 1.5B | 1.8B | 11.9B | 19.4B | 20.7B | 24.8B | 35.7B | 54B |
| Gross profit | 436.1M | 756.6M | 3.3B | 5.4B | 5.8B | 10.8B | 21.4B | 30.7B |
| Gross margin | 22.3% | 29.1% | 21.9% | 21.6% | 21.7% | 30.3% | 37.5% | 36.2% |
| Research & development | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 230.6M | 340.7M | 2.4B | 7.8B | 6.2B | 6.4B | 17.5B | 26.5B |
| Operating expenses | 404.2M | 581.7M | 3.8B | 11.2B | 9.4B | 10.2B | 18.8B | 28.4B |
| Operating income | -47M | 107.4M | -778.3M | -6.3B | -4.5B | -746.5M | 82.1M | -901.6M |
| Operating margin | -2.4% | 4.12% | -5.13% | -25.6% | -17.1% | -2.1% | 0.14% | -1.07% |
| Non-operating income, net | 12.8M | -6.8M | 630.2M | 4.9B | 1.1B | 3.2B | 2.5B | 2.4B |
| Pretax income | -161.3M | -131.6M | -936.6M | -3.3B | -4.8B | 75.5M | -1.6B | -5.7B |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -43.1M |
| Net income | -161.3M | -131.6M | -936.6M | -3.3B | -4.8B | 75.5M | -1.6B | -5.7B |
| Net margin | -8.25% | -5.06% | -6.17% | -13.4% | -18.1% | 0.21% | -2.81% | -6.73% |
| EBITDA | -48.7M | 10.2M | -326.2M | -6.9B | -4.5B | 659.8M | 2.8B | 2.6B |
| EPS | -0.49 | -0.4 | -2.87 | -1.92 | -4.06 | 0.23 | -4.9 | -18 |
| Diluted EPS | -0.49 | -0.4 | -2.87 | -1.92 | -4.06 | 0.23 | -4.9 | -18 |
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 | 12B | 14B | 11.3B | 10.1B | 290M | 20.4B | 14.4B | 16.7B | 19.9B | 30.3B | 23.1B | 22.8B |
| Cost of revenue | 8.4B | 9.7B | 7.5B | 6.1B | 174.6M | 12.8B | 9.1B | 10.4B | 12.5B | 20B | 14.6B | 14.2B |
| Gross profit | 3.6B | 4.3B | 3.8B | 4B | 115.4M | 7.6B | 5.3B | 6.3B | 7.4B | 10.4B | 8.5B | 8.6B |
| Gross margin | 30% | 30.5% | 33.6% | 40% | 39.8% | 37.3% | 37% | 37.8% | 37.2% | 34.2% | 36.7% | 37.8% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 2.1B | 2.7B | 1.9B | 3.3B | 92.2M | 6.3B | 4.5B | 4.7B | 6.5B | 9.8B | 7.3B | 7.6B |
| Operating expenses | 3.5B | 4B | 3.5B | 3.7B | 103.4M | 6.3B | 5.2B | 5.6B | 7.2B | 9.2B | 8.1B | 8.4B |
| Operating income | -245.1M | -292.2M | -97.8M | -32.3M | 767.4K | 200.5M | -548.5M | 34.1M | -590.5M | 277.4M | -439.6M | -668.7M |
| Operating margin | -2.04% | -2.09% | -0.87% | -0.32% | 0.26% | 0.98% | -3.81% | 0.2% | -2.96% | 0.91% | -1.9% | -2.93% |
| Non-operating income, net | 553.7M | 2.3B | 722.2M | 492.9M | 10.8M | 1B | 993.2M | 467.3M | 946.4M | -189.9M | 1.5B | 1.1B |
| Pretax income | -285.5M | -578.9M | -130.7M | -384.5M | -7.3M | -724.3M | -355.1M | -723.8M | -1.3B | -3.2B | -961.2M | -1.9B |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | -43.1M | 30.7M | -2.3M |
| Net income | -285.5M | -578.9M | -130.7M | -384.5M | -7.3M | -724.3M | -355.1M | -723.8M | -1.3B | -3.2B | -992M | -1.9B |
| Net margin | -2.37% | -4.15% | -1.16% | -3.8% | -2.51% | -3.54% | -2.47% | -4.32% | -6.65% | -10.5% | -4.29% | -8.28% |
| EBITDA | 1.5B | -950.7M | 489.6M | 470M | 42.4M | -1.9B | 2.1B | 2.3B | 2.3B | -5.5B | 2.9B | 2.4B |
| EPS | -0.88 | -1.98 | -0.4 | -1.2 | -0.96 | -2 | -1.1 | -2.3 | -4.1 | -10 | -2.7 | -5.1 |
| Diluted EPS | -0.88 | -1.98 | -0.4 | -1.2 | -0.96 | -2 | -1.1 | -2.3 | -4.1 | -10 | -2.7 | -5.1 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 22.6B | 7.2B | — | — | 785.2M | 900.2M |
| Enterprise value | — | — | — | 15.1B | -1B | — | — | -10.1B | -8B |
| Shares outstanding | 11.8B | 11.8B | 11.8B | 11.8B | 10.9B | 12.5B | 328.4M | 316.6M | 316.6M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 120 |
| P/S | — | — | — | 0.91 | 0.27 | — | — | 0.01 | 0.01 |
| P/B | — | — | — | 4.69 | 2.15 | — | — | 0.39 | 0.94 |
| EV/EBITDA | — | — | — | -2.18 | 0.22 | — | — | -3.89 | -3.07 |
| EV/Sales | — | — | — | 0.61 | -0.04 | — | — | -0.12 | -0.09 |
| Earnings yield | — | — | — | — | — | — | — | — | 0.83% |
| FCF yield | — | — | — | -3.07% | -9.5% | — | — | 1.1K% | 2.78% |
| PEG | — | — | — | — | — | — | — | — | 0.99 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 22.3% | 29.1% | 21.9% | 21.6% | 21.7% | 30.3% | 37.5% | 36.2% | 37.8% |
| Operating margin | -2.4% | 4.12% | -5.13% | -25.6% | -17.1% | -2.1% | 0.14% | -1.07% | -1.81% |
| Net margin | -8.25% | -5.06% | -6.17% | -13.4% | -18.1% | 0.21% | -2.81% | -6.73% | -8% |
| ROE | 45.1% | 42.4% | 119% | -69.2% | -142.3% | 2.29% | -48.3% | -283.3% | -636.5% |
| ROA | -25.1% | -13.8% | -47.7% | -24.9% | -28.9% | 0.43% | -6.14% | -15.4% | -4.57% |
| ROIC | 19.7% | -21.9% | 87.6% | 235.6% | 93.1% | 21.6% | -2.3% | 10.1% | 19.6% |
| Return on tangible assets | -30.2% | -15.9% | -52.4% | -26.5% | -34.7% | 0.54% | -8.01% | -19.5% | -25.9% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.47 | 0.65 | 0.64 | 1.44 | 1.08 | 1.07 | 0.97 | 0.89 | 0.77 |
| Quick ratio | 0.24 | 0.34 | 0.35 | 1.09 | 0.85 | 0.78 | 0.69 | 0.63 | 0.49 |
| Debt / equity | -0.71 | -0.33 | -0.62 | 0.14 | 0.14 | 0.14 | 0.67 | 1.21 | -0.04 |
| Debt / assets | 0.4 | 0.11 | 0.25 | 0.05 | 0.03 | 0.03 | 0.09 | 0.07 | 0.07 |
| Net debt / EBITDA | -2.45 | -17.6 | 0.31 | 1.09 | 1.82 | -10.2 | -2.42 | -4.19 | -3.28 |
| Interest coverage | -2.43 | -0.92 | -1.76 | -4.75 | -7.55 | 1.05 | 0.44 | -0.37 | -0.12 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.17 | 0.22 | 1.28 | 2.1 | 2.42 | 2.84 | 173.7 | 267.4 | 267.4 |
| EPS (basic) | -0.49 | -0.4 | -2.87 | -1.92 | -4.06 | 0.23 | -4.9 | -18 | -18 |
| EPS (diluted) | -0.49 | -0.4 | -2.87 | -1.92 | -4.06 | 0.23 | -4.9 | -18 | -0.41 |
| Book value per share | -0.03 | -0.03 | -0.07 | 0.41 | 0.31 | 0.26 | 10.1 | 6.35 | 2.67 |
| FCF per share | 0.01 | 0.03 | 0.07 | -0.06 | -0.06 | 0.31 | 11.2 | 28 | 16.3 |
| Cash per share | 0.01 | 0.02 | 0.05 | 0.69 | 0.8 | 0.58 | 27.8 | 42.1 | 24.4 |
| Capex per share | 0 | 0 | 0.02 | 0.05 | 0.13 | 0.09 | 6.08 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.52% | 2.05% | 1.61% | 2.58% | 5.26% | 3.22% | 3.5% | — | — |
| Capex / operating cash flow | 27.9% | 15.1% | 24.9% | 19.6% | 55.3% | 20.9% | 36.6% | — | — |
| Payout ratio | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Dividend yield | — | — | — | 0% | 0% | — | — | 0% | 0% |
| — |
| -$1.92 |
| — |
| — |
| $24.8B |
| — |
| FY20 | — | -$2.87 | — | — | $15.2B | — |
| FY19 | — | -$0.4 | — | — | $2.6B | — |
| FY18 | — | -$0.49 | — | — | $2B | — |
| 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 | $12B | $14B | $11.3B | $10.1B | $290M | $20.4B | $14.4B | $16.7B | $19.9B | $30.3B | $23.1B | $22.8B |
| YoY change | +127.1% | +121.7% | +45% | -0% | -97.6% | +46.4% | +27.2% | +65.6% | +6.8K% | +48.4% | +60.8% | +36.2% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 136.5M | 282.3M | 592.6M | 8.2B | 8.7B | 7.2B | 9.1B | 13.3B |
| Receivables | 16M | 48.6M | 157.1M | 369.1M | 1.1B | 2.4B | 5B | 6.2B |
| Inventory | 202.5M | 366.4M | 770.1M | 2.9B | 2.9B | 4B | 6B | 8.7B |
| Total current assets | 419.4M | 779.8M | 1.7B | 11.8B | 13.8B | 14.6B | 20.9B | 29.7B |
| Property, plant & equipment | 7.6M | 5.6M | 52.4M | 101.4M | 148.1M | -287.5M | -608M | -1.2B |
| Goodwill & intangibles | 106.8M | 126.7M | 178.8M | 810.8M | 2.8B | 3.7B | 6.1B | 7.7B |
| Total assets | 641.5M | 956M | 2B | 13.4B | 16.6B | 17.6B | 26.1B | 36.9B |
| Accounts payable | 659.9M | 1B | 2B | 6.7B | 9.7B | 10.6B | 15B | 25.9B |
| Short-term debt | 149.6M | 45.3M | 398.6M | 496.9M | 280.9M | 338M | 1.7B | 1.6B |
| Total current liabilities | 892M | 1.2B | 2.7B | 8.2B | 12.8B | 13.6B | 21.6B | 33.4B |
| Long-term debt | 106.1M | 57.9M | 92.8M | 167.5M | 190.9M | 124.6M | 583.7M | 778.3M |
| Total liabilities | 999.5M | 1.3B | 2.8B | 8.6B | 13.2B | 14.3B | 22.8B | 34.9B |
| Shareholders' equity | -358M | -310.8M | -787.3M | 4.8B | 3.4B | 3.3B | 3.3B | 2B |
| Total debt | 255.6M | 103.3M | 491.5M | 664.4M | 471.8M | 462.7M | 2.2B | 2.4B |
| Net debt | 119.2M | -179M | -101.2M | -5.6B | -8.2B | -5B | -4.5B | -8.9B |
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 | — | — | — | — | — | — | — | — | 9.3B | 13.3B | 9.8B | 9B |
| Receivables | — | — | — | — | — | — | — | — | 5.5B | 6.2B | 4.9B | 5.3B |
| Inventory | — | — | — | — | — | — | — | — | 9.6B | 8.7B | 8.2B | 8.9B |
| Total current assets | — | — | — | — | — | — | — | — | 25.8B | 29.7B | 24.4B | 24.5B |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 3B | -1.2B | 3.6B | 4B |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | 3.9B | 7.7B | 4.2B | 4.5B |
| Total assets | — | — | — | — | — | — | — | — | 32.8B | 36.9B | 32.4B | 33.1B |
| Accounts payable | — | — | — | — | — | — | — | — | 23.1B | 25.9B | 22.3B | 24.7B |
| Short-term debt | — | — | — | — | — | — | — | — | 2B | 1.6B | 1.7B | 1.5B |
| Total current liabilities | — | — | — | — | — | — | — | — | 30.5B | 33.4B | 29.8B | 32B |
| Long-term debt | — | — | — | — | — | — | — | — | 765.4M | 778.3M | 609.9M | 861.6M |
| Total liabilities | — | — | — | — | — | — | — | — | 31.9B | 34.9B | 31.2B | 33.7B |
| Shareholders' equity | — | — | — | — | — | — | — | — | 862.2M | 2B | 1.2B | -582.3M |
| Total debt | — | — | — | — | — | — | — | — | 2.8B | 2.4B | 2.3B | 2.4B |
| Net debt | — | — | — | — | — | — | — | — | -4.6B | -8.9B | -5.7B | -4.6B |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -161.3M | -131.6M | -936.6M | -3.3B | -4.8B | 75.5M | -1.6B | -5.7B |
| Depreciation & amortization | 78.3M | 66.3M | 301.6M | 637M | 844.9M | 1.2B | 2B | 3.2B |
| Stock-based compensation | — | 0 | 0 | 280.7M | 250.6M | 106.4M | 179.9M | 216.1M |
| Change in working capital | 138M | 196.8M | 797.2M | 1.5B | 1.1B | -925.1M | -1.6B | 4.3B |
| Operating cash flow | 176.5M | 353.1M | 980.5M | 3.3B | 2.5B | 5.5B | 5.5B | 11.3B |
| Capital expenditure | -49.2M | -53.3M | -243.7M | -640.6M | -1.4B | -1.1B | -2B | — |
| Investing cash flow | -49.2M | -53.3M | -243.7M | -3.4B | 1.3B | -2.8B | -2.3B | 1B |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | 0 | 0 | -48M | 0 | 0 |
| Financing cash flow | -45.7M | 64.3M | 654.4M | 12.9B | -699.4M | -157.9M | 960.9M | -8.3B |
| Net change in cash | 81.6M | 364.1M | 1.4B | 12.8B | 3.1B | 2.5B | 4.1B | 4B |
| Free cash flow | 118.9M | 310.2M | 852.3M | -692.5M | -686.3M | 3.9B | 3.7B | 8.9B |
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 | -182M | -578.9M | -130.7M | -345.7M | -4M | -724.3M | -355.1M | -635.5M | -1.1B | -3.2B | -992M | -2B |
| Depreciation & amortization | 436.8M | 428.8M | 387.2M | 303.9M | 6.1M | 659.3M | 657.3M | 542M | 419.3M | 899.7M | 862.6M | 993.4M |
| Stock-based compensation | — | — | 25.1M | 6.9M | 115.8K | 118.9M | 43.1M | 12.2M | 121.3M | 4.2M | 43.2M | -33.5M |
| Change in working capital | -486M | 815.4M | -212.7M | -1.6B | 22.8M | 20.7M | -1.9B | 2B | 2.1B | 2.8B | -2.9B | 591.3M |
| Operating cash flow | 2.6B | 2.5B | 1.6B | -651.7M | 42.9M | 1.6B | -676.7M | 4B | 2.2B | 4.4B | -395.1M | 2.2B |
| Capital expenditure | -411.3M | -407.4M | -426.2M | -280.3M | -3.1M | -690.6M | -594.6M | — | — | — | — | — |
| Investing cash flow | -614.8M | -1.5B | -2.9B | 1.8B | -4.7M | 823.3M | 1.5B | -1.8B | -222M | 12.3M | 177.4M | 8.6M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | 0 | — | — |
| Financing cash flow | 107M | -131.5M | 52M | 57.9M | 8.3M | 437.5M | -670.4M | -430.9M | 552.9M | -4.7B | -2.5B | -2.2B |
| Net change in cash | 2.1B | 924.1M | -1.3B | 1.2B | 46.5M | 2.9B | 103.7M | 1.8B | 2.6B | -314.1M | -2.7B | 48M |
| Free cash flow | 2.7B | 2.8B | 1B | -951.6M | 34.3M | 1.6B | -933.2M | 3.6B | 2B | 3.7B | -1.1B | 1.5B |