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 25 | -$0.01 | -$1.1 | -10900.0% | — | $283.8M | — |
| Q3 22 | — | -$0.03 | — | — | $351.8M | — |
| Q2 22 | — | -$0.11 | — | — | $248.2M | — |
| Q4 21 | $0.15 | $0.07 | -53.3% | — | $976.3M | — |
| Q3 21 | — | -$0.26 | — | — | $315.1M | — |
| Q2 21 | — | -$0.25 | — | — | $218.6M | — |
| Q1 21 | — | $0.6 | — | — | $735M | — |
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 | — | — | $1.6B | — |
| FY24 | — | $0 | — | — | $1.2B | — |
| FY23 | — | $7 | — | — | $1.2B | — |
| FY22 | — | -$3 | — | — | $1.2B | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $263.3M | $508.8M | $993.3M | $1.2B | $2.2B | $1.2B | $1.2B | $1.2B | $1.6B |
| YoY change | — | +93.2% | +95.2% | +22.8% | +84% | -48.4% | +3.25% | +4.46% | +26.7% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 263.3M | 508.8M | 993.3M | 1.2B | 2.2B | 1.2B | 1.2B | 1.2B | 1.6B |
| Cost of revenue | 166.7M | 318.3M | 631.4M | 816.4M | 1.7B | 734.3M | 749M | 868.3M | 1.2B |
| Gross profit | 96.7M | 190.5M | 362M | 403.9M | 554.3M | 423.6M | 446.5M | 380.6M | 422M |
| Gross margin | 36.7% | 37.4% | 36.4% | 33.1% | 24.7% | 36.6% | 37.4% | 30.5% | 26.7% |
| Research & development | 50.1M | 24.9M | 33.8M | 49.5M | 121.2M | 81.7M | 72.9M | 62.4M | 58.7M |
| Selling, general & administrative | 140M | 133.7M | 313.5M | 365M | 528.2M | 364M | 304M | 339.2M | 356.6M |
| Operating expenses | 178.3M | 153.4M | 347.3M | 414.5M | 649.4M | 445.7M | 376.9M | 401.6M | 415.3M |
| Operating income | -96.2M | 28.5M | 9.6M | -16.8M | -105M | -38.2M | 58M | -21M | 6.7M |
| Operating margin | -36.5% | 5.61% | 0.97% | -1.38% | -4.68% | -3.3% | 4.85% | -1.68% | 0.42% |
| Non-operating income, net | 1.2M | 3.8M | 13.1M | 9.1M | 5.8M | 14.8M | 12.8M | 16M | 71K |
| Pretax income | -97.6M | 1.9M | 15.2M | -16.8M | -110.4M | -31.5M | 70.1M | -834K | 10.8M |
| Income tax | 406K | 278K | 57K | 1.8M | 0 | 0 | 0 | 135K | 7.2M |
| Net income | -97M | 2.9M | 15M | -18.3M | -107.7M | -33.7M | 70.6M | 566K | 3.5M |
| Net margin | -36.9% | 0.58% | 1.51% | -1.5% | -4.8% | -2.91% | 5.9% | 0.05% | 0.22% |
| EBITDA | -94.1M | 32.8M | 18.7M | -2.2M | -57.8M | 12.7M | 102.9M | 16.5M | 30.9M |
| EPS | -8.32 | -3.03 | -2.47 | -2 | -11 | -3 | 7 | 0 | 0 |
| Diluted EPS | -8.32 | -3.03 | -2.47 | -2 | -11 | -3 | 7 | 0 | 0 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 351.8M | 258.4M | 298.9M | 368.2M | — | — | — | — | — | — | 283.8M | 396.7M |
| Cost of revenue | 248.7M | 162.2M | 179.8M | 243.6M | — | — | — | — | — | — | 210.5M | 287.8M |
| Gross profit | 103.1M | 96.2M | 119.1M | 124.6M | — | — | — | — | — | — | 73.3M | 109M |
| Gross margin | 29.3% | 37.2% | 39.8% | 33.8% | — | — | — | — | — | — | 25.8% | 27.5% |
| Research & development | 16.4M | 17.7M | 18.3M | 22M | — | — | — | — | — | — | 13.5M | 16M |
| Selling, general & administrative | 99.5M | 58.1M | 89.8M | 94.4M | — | — | — | — | — | — | 69.2M | 78.7M |
| Operating expenses | 115.9M | 75.8M | 108.1M | 116.4M | — | — | — | — | — | — | 82.7M | 94.7M |
| Operating income | -12.8M | 4.3M | 10.9M | 8.2M | — | — | — | — | — | — | -9.4M | 14.3M |
| Operating margin | -3.63% | 1.68% | 3.66% | 2.23% | — | — | — | — | — | — | -3.31% | 3.6% |
| Non-operating income, net | 3.9M | 6M | 7.7M | 4.8M | — | — | — | — | — | — | 803K | -1.8M |
| Pretax income | -10.8M | 6.7M | 18.4M | 14.1M | — | — | — | — | — | — | -7.9M | 13.3M |
| Income tax | — | — | — | 0 | — | — | — | — | — | — | 152K | 3.3M |
| Net income | -11.2M | 7.6M | 17.4M | 14M | — | — | — | — | — | — | -9.5M | 9.8M |
| Net margin | -3.19% | 2.93% | 5.82% | 3.81% | — | — | — | — | — | — | -3.36% | 2.48% |
| EBITDA | -12.3M | -2M | 10.6M | 9.1M | — | — | — | — | — | — | -9.5M | 16.5M |
| EPS | -1 | 1 | 2 | 1 | 2 | 2 | 1 | -2 | 2 | 0 | -1 | 1 |
| Diluted EPS | -1 | 1 | 2 | 1 | 2 | 2 | 1 | -2 | 2 | 0 | -1 | 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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 65.9M | 65.9M | 74.4M | 69.9M | 74.1M | 74.1M | 73.2M | 10M | 10.1M | 10.1M |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 36.7% | 37.4% | 36.4% | 33.1% | 24.7% | 36.6% | 37.4% | 30.5% | 26.7% | 26.7% |
| Operating margin | -36.5% | 5.61% | 0.97% | -1.38% | -4.68% | -3.3% | 4.85% | -1.68% | 0.42% | 0.42% |
| Net margin | -36.9% | 0.58% | 1.51% | -1.5% | -4.8% | -2.91% | 5.9% | 0.05% | 0.22% | 0.22% |
| ROE | 25.2% | -0.76% | -4.85% | -3.9% | -29.8% | -9.86% | 17.2% | 0.13% | 0.82% | 0.82% |
| ROA | -58.5% | 0.88% | 2.94% | -1.37% | -5.8% | -3.1% | 7.45% | 0.06% | 0.38% | 0.38% |
| ROIC | 25.7% | -7.1% | -2.67% | -4.07% | -21.9% | -9.53% | 17.6% | -7.44% | 0.82% | 0.82% |
| Return on tangible assets | -59.4% | 0.88% | 2.96% | -1.37% | -5.94% | -3.44% | 8.35% | 0.08% | 0.45% | 0.45% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.86 | 1.07 | 1.28 | 1.81 | 1.16 | 1.34 | 1.54 | 1.44 | 1.44 | 1.44 |
| Quick ratio | 0.86 | 1.07 | 1.28 | 1.81 | 1.16 | 1.34 | 1.54 | 1.44 | 1.44 | 1.44 |
| Debt / equity | -0.06 | -0.13 | -0.12 | 0.75 | 1.39 | 0.98 | 0.43 | 0.21 | 0.21 | 0.21 |
| Debt / assets | 0.14 | 0.15 | 0.07 | 0.26 | 0.27 | 0.31 | 0.19 | 0.1 | 0.1 | 0.1 |
| Net debt / EBITDA | -0.11 | 1.29 | -2.74 | 24.3 | -2.07 | 4.64 | -0.8 | -8.93 | -5.22 | -5.22 |
| Interest coverage | — | 1.07 | 81 | -14.6 | -32.8 | — | — | — | — | — |
| Effective tax rate | 0% | 14.7% | 0.37% | 0% | 0% | 0% | 0% | 0% | 66.8% | 66.8% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.99 | 7.72 | 13.3 | 17.5 | 30.3 | 15.6 | 16.3 | 125.2 | 156.8 | 156.8 |
| EPS (basic) | -8.32 | -3.03 | -2.47 | -2 | -11 | -3 | 7 | 0 | 0 | 0 |
| EPS (diluted) | -8.32 | -3.03 | -2.47 | -2 | -11 | -3 | 7 | 0 | 0 | 0 |
| Book value per share | -5.84 | -5.84 | -4.15 | 6.71 | 4.87 | 4.62 | 5.61 | 43 | 42.8 | 42.8 |
| FCF per share | -1.33 | 1 | 1.5 | 1.85 | -2.89 | -1.38 | 1.46 | -2.33 | 0.95 | 0.95 |
| Cash per share | 0.19 | 0.1 | 1.18 | 5.79 | 5.14 | 3.74 | 3.53 | 23.9 | 25.1 | 25.1 |
| Capex per share | 0.04 | 0.02 | 0.08 | 0.12 | 0.5 | 0.21 | 0.4 | — | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.91% | 0.21% | 0.6% | 0.67% | 1.65% | 1.36% | 2.47% | — | — | — |
| Capex / operating cash flow | -2.37% | 2.72% | 6.79% | 10.6% | -25.8% | 25.2% | 25.2% | — | — | — |
| FY21 |
| — |
| -$11 |
| — |
| — |
| $2.2B |
| — |
| FY20 | — | -$2 | — | — | $1.2B | — |
| FY19 | — | -$2.47 | — | — | $993.3M | — |
| FY18 | — | -$3.03 | — | — | $508.8M | — |
| FY17 | — | -$8.32 | — | — | $263.3M | — |
| Period | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $351.8M | $258.4M | $298.9M | $368.2M | — | — | — | — | — | — | $283.8M | $396.7M |
| YoY change | +11.7% | -73.5% | -0.19% | +48.3% | — | — | — | — | — | — | — | — |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 12.3M | 6.6M | 88.1M | 404.6M | 381.2M | 277.2M | 258.1M | 238.2M | 253.8M |
| Receivables | 70.7M | 108.4M | 180.4M | 232.6M | 777.3M | 250.7M | 178.3M | 158.8M | 173.7M |
| Inventory | — | — | — | — | — | — | — | — | — |
| Total current assets | 138.4M | 301M | 461.5M | 1B | 1.4B | 750.7M | 606.5M | 599M | 659M |
| Property, plant & equipment | 8.4M | 6.4M | 8M | 277.6M | 296.3M | 200.7M | 144.3M | 42.1M | 31.9M |
| Goodwill & intangibles | 2.4M | 2.4M | 3.3M | 5M | 44.2M | 107.9M | 102.4M | 166.8M | 160.2M |
| Total assets | 165.8M | 334.1M | 508.8M | 1.3B | 1.9B | 1.1B | 947M | 884.2M | 938.2M |
| Accounts payable | 117.1M | 187.9M | 250M | 414.8M | 804.4M | 289.8M | 249.4M | 258.1M | 236.2M |
| Short-term debt | — | 33.1M | 36.9M | 44.3M | 231.6M | 160.1M | 46.9M | 66.7M | 70.3M |
| Total current liabilities | 160.6M | 281.2M | 361.8M | 556.6M | 1.2B | 559.1M | 395M | 415.3M | 458.7M |
| Long-term debt | 23M | 15.8M | 0 | 306M | 269.2M | 176M | 129.3M | 24.1M | 22M |
| Total liabilities | 551.1M | 719.3M | 817.5M | 867.3M | 1.5B | 747.6M | 536.6M | 455M | 506.3M |
| Shareholders' equity | -385.4M | -385.2M | -308.7M | 468.7M | 360.9M | 342M | 410.4M | 429.2M | 431.8M |
| Total debt | 23M | 48.9M | 36.9M | 350.3M | 500.8M | 336.1M | 176.2M | 90.8M | 92.2M |
| Net debt | 10.8M | 42.2M | -51.3M | -54.3M | 119.6M | 58.9M | -73M | -142.4M | -158.6M |
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 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 307.4M | 277.2M | 230.4M | 247.6M | 268M | 258.1M | 286.7M | 33.9M | 249.5M | 238.2M | 204.8M | 241.7M |
| Receivables | 343.1M | 250.7M | 291M | 286.2M | 136.9M | 178.3M | 202.6M | 20.7M | 188.3M | 158.8M | 193.4M | 202.8M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 913.4M | 750.7M | 745.2M | 761.6M | 613.4M | 606.5M | 664.9M | 82M | 624.2M | 599M | 582.9M | 635.8M |
| Property, plant & equipment | 208.6M | 200.7M | 160.5M | 156.7M | 173.9M | 144.3M | 169.6M | 23.3M | 162M | 42.1M | 61.7M | 58.5M |
| Goodwill & intangibles | 108.5M | 107.9M | 107.5M | 99.5M | 106.6M | 102.4M | 102.3M | 14.3M | 162.9M | 166.8M | 168.6M | 161.7M |
| Total assets | 1.3B | 1.1B | 1B | 1.1B | 927.1M | 947M | 1B | 131M | 1B | 884.2M | 860.9M | 902.2M |
| Accounts payable | 368.2M | 289.8M | 308.1M | 335M | 230.9M | 249.4M | 305.7M | 38.7M | 316.5M | 258.1M | 250.2M | 288.8M |
| Short-term debt | 216M | 160.1M | 91M | 47.1M | 35.8M | 46.9M | 49.6M | 7M | 40.8M | 66.7M | 67.9M | 68M |
| Total current liabilities | 728M | 559.1M | 535.8M | 535.5M | 392.1M | 395M | 442.9M | 55.5M | 439.8M | 415.3M | 395.9M | 429.2M |
| Long-term debt | 181.2M | 176M | 138.4M | 136.1M | 132.8M | 129.3M | 129.3M | 17.8M | 121.8M | 24.1M | 26.8M | 24M |
| Total liabilities | 923.1M | 747.6M | 686.7M | 683.5M | 537.3M | 536.6M | 584.3M | 75.2M | 578.9M | 455M | 440.6M | 472.7M |
| Shareholders' equity | 334.9M | 342M | 354.9M | 369.7M | 389.8M | 410.4M | 419.7M | 55.8M | 426.6M | 429.2M | 420.3M | 429.4M |
| Total debt | 397.2M | 336.1M | 229.4M | 183.1M | 168.6M | 176.2M | 178.9M | 24.8M | 162.6M | 90.8M | 94.7M | 92M |
| Net debt | 89.8M | 58.9M | -1M | -64.5M | -89.8M | -73M | -102.5M | -8.4M | -80M | -142.4M | -107M | -146.5M |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | -97M | 2.9M | 15M | -18.3M | -107.7M | -33.7M | 70.6M | 566K | 3.5M |
| Depreciation & amortization | 3.6M | 3.1M | 3.8M | 13.5M | 40.4M | 46.2M | 39.3M | 36.3M | 23M |
| Stock-based compensation | 811K | 967K | 95M | 35.9M | 11.4M | 8.2M | 463K | 9M | 18.5M |
| Change in working capital | -8M | 4.5M | -25.9M | 39.5M | -99M | 29.1M | 6.7M | -55.5M | -64.5M |
| Operating cash flow | -101.1M | 38.8M | 88M | 77.5M | -144M | 62.7M | 117.4M | -18.9M | 17.9M |
| Capital expenditure | -2.4M | -1.1M | -6M | -8.2M | -37.1M | -15.8M | -29.6M | — | — |
| Investing cash flow | 57.8M | -3.6M | -6.9M | -31.1M | -80.9M | -57.2M | -62.1M | 616K | -3.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | 0 | -2.1M | -3M | -6.7M | -13.4M | -77K | 0 |
| Financing cash flow | 23M | 48.6M | -22.9M | 382.6M | 284.9M | -198.5M | -295.6M | -7.2M | -106.2M |
| Net change in cash | -20.4M | 83.8M | 58.2M | 428.9M | 60M | -192.9M | -240.3M | -25.5M | -92M |
| Free cash flow | -88M | 65.7M | 112M | 129.5M | -214M | -101.9M | 106.8M | -23.2M | 9.6M |
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 18 | Q4 18 | Q3 19 | Q4 19 |
|---|---|---|---|---|
| Net income | 2.9M | -4.2M | 16.1M | -7.5M |
| Depreciation & amortization | 727K | 910K | 1.1M | 1.1M |
| Stock-based compensation | 277K | 147K | 13.6M | 13.6M |
| Change in working capital | 23.8M | 9.2M | -11.2M | -22.6M |
| Operating cash flow | 40.6M | 20.3M | 19.5M | -15.6M |
| Capital expenditure | -542K | -479K | -1.6M | -2.4M |
| Investing cash flow | -542K | -479K | -2.6M | -2.4M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 29.4M | 24.6M | -6.3M | 27.7M |
| Net change in cash | 69.4M | 44.4M | 10.7M | 9.7M |
| Free cash flow | 1.3M | 59.2M | 88.6M | -29.7M |