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 | -$0.47 | -$0.39 | +17.0% | — | $74.9M | — |
| Q1 26 | -$0.36 | $0.1 | +127.8% | — | $71M | — |
| Q4 25 | -$0.09 | -$2.12 | -2255.6% | — | $88.5M | — |
| Q3 25 | -$0.14 | -$0.04 | +71.4% | — | $83.5M | — |
| Q2 25 | -$0.14 | $1.34 | +1057.1% | — | $41.3M | — |
| Q1 25 | -$1.4 | -$1.23 | +12.1% | — | -$90.6M | — |
| Q4 24 | $0.8 | $1.55 | +93.8% | — | $339.9M | — |
| Q3 24 | -$0.37 | -$0.13 | +64.9% | — | $42.2M | — |
| Q2 24 | -$0.07 | -$0.9 | -1185.7% | — | -$36.6M | — |
| Q1 24 | $0.36 | $2.87 | +697.2% | — | $326.3M | — |
| Q3 23 | — | $0.35 | — | — | $17M | — |
| Q2 23 | -$0.14 | -$0.9 | -542.9% | — | $13.1M | — |
| Q1 23 | -$0.03 | -$0.12 | -300.0% | — | $35.1M | — |
| Q4 22 | $0.02 | -$0.49 | -2550.0% | — | $32M | — |
| Q3 22 | $0.06 | $0.31 | +416.7% | — | $19M | — |
| Q2 22 | $0.12 | -$0.67 | -658.3% | — | $23.5M | — |
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 | — | -$2.05 | — | — | $235.1M | — |
| FY24 | — | $3.34 | — | — | $671.7M | — |
| FY23 | — | -$0.74 | — | — | $86.7M | — |
| FY22 | — | -$0.36 | — | — | $79.2M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $79.2M | $86.7M | $671.7M | $235.1M |
| YoY change | — | +9.54% | +674.4% | -65% |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 79.2M | 86.7M | 671.7M | 235.1M |
| Cost of revenue | 25.8M | 43.1M | 86.7M | 107.8M |
| Gross profit | 53.4M | 43.6M | 585.1M | 127.3M |
| Gross margin | 67.4% | 50.3% | 87.1% | 54.2% |
| Research & development | — | — | — | — |
| Selling, general & administrative | 31.3M | 27.3M | 72.9M | 122.8M |
| Operating expenses | 31.3M | 27.3M | 72.9M | 122.8M |
| Operating income | 10.5M | -2.5M | 464.4M | -97.4M |
| Operating margin | 13.2% | -2.88% | 69.1% | -41.4% |
| Non-operating income, net | -30.3M | -36.4M | 17.3M | -172.4M |
| Pretax income | -26.7M | -66.8M | 451.9M | -299.8M |
| Income tax | 5.1M | -1.2M | 113.5M | -51.8M |
| Net income | -31.8M | -65.6M | 331.4M | -248M |
| Net margin | -40.2% | -75.6% | 49.3% | -105.5% |
| EBITDA | 22.5M | 22.7M | 524.1M | -5.9M |
| EPS | -0.36 | -0.74 | 3.34 | -2.05 |
| Diluted EPS | -0.36 | -0.74 | 3.34 | -2.05 |
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 | 17M | 21.5M | 326.3M | -36.6M | 42.2M | 339.9M | -90.6M | 41.3M | 83.5M | 88.5M | 71M | 74.9M |
| Cost of revenue | 6.8M | 10.1M | 28.1M | 20.6M | 17.6M | 20.3M | 18.7M | 21.8M | 32.3M | 35M | 25.5M | 26.9M |
| Gross profit | 10.2M | 11.4M | 298.2M | -57.3M | 24.6M | 319.5M | -109.2M | 19.5M | 51.2M | 53.5M | 45.5M | 48M |
| Gross margin | 59.9% | 53% | 91.4% | 156.3% | 58.4% | 94% | 120.6% | 47.3% | 61.3% | 60.4% | 64% | 64.1% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 8.5M | 7.1M | 20M | 17.9M | 16.2M | 18.8M | 21.1M | 30.2M | 25.9M | 45.7M | 81.7M | 76.1M |
| Operating expenses | 8.5M | 7.1M | 20M | 17.9M | 16.2M | 18.8M | 21.1M | 30.2M | 25.9M | 45.7M | 81.7M | 76.1M |
| Operating income | -1.2M | 270K | 266.7M | -86.7M | -2M | 286.4M | -145.2M | -30.1M | -2.5M | -32M | -74.7M | -67.8M |
| Operating margin | -7.12% | 1.25% | 81.7% | 236.7% | -4.77% | 84.3% | 160.3% | -72.9% | -2.96% | -36.2% | -105.2% | -90.4% |
| Non-operating income, net | 26.4M | 4M | 2.3M | 20.4M | 11.3M | -16.7M | -1.9M | 203.5M | 80.7M | -342.4M | -218.1M | -116.8M |
| Pretax income | 17.6M | -1.4M | 262.7M | -72.3M | 1.4M | 260.1M | -154.5M | 165.1M | 69.6M | -380M | -302.1M | -208.6M |
| Income tax | 289K | 321K | 4.4M | -1.9M | 453K | 110.5M | -20.2M | 27.6M | 19M | -78.2M | -48.9M | -31.5M |
| Net income | 17.3M | -1.7M | 250.7M | -72.2M | 908K | 152M | -134.3M | 137.5M | 50.6M | -301.8M | -253.1M | -177.1M |
| Net margin | 101.8% | -7.83% | 76.8% | 197.1% | 2.15% | 44.7% | 148.3% | 332.9% | 60.6% | -341% | -356.4% | -236.4% |
| EBITDA | 5M | 7.7M | 283M | -72.5M | 10.4M | 303.2M | -150M | -9.1M | 27.9M | 12.8M | -29.8M | 5.5M |
| EPS | — | — | 2.9 | -0.78 | 0.01 | 1.53 | -1.3 | 1.32 | 0.48 | -2.54 | -1.98 | -1.27 |
| Diluted EPS | — | — | 2.76 | -0.78 | 0.01 | 1.53 | -1.3 | 1.18 | 0.43 | -2.54 | -1.98 | -1.27 |
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 | — | — | — | — | 588.9M | 1.5B | — | — | 11.4B |
| Enterprise value | — | — | — | — | 697.6M | 1.6B | — | — | 19.7B |
| Shares outstanding | — | — | — | — | 88.6M | 88.6M | 99.5M | 110.1M | 110.1M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 30.5 |
| P/S | — | — | — | — | 7.44 | 16.8 | — | — | 37.5 |
| P/B | — | — | — | — | 6.72 | 53.4 | — | — | 8.27 |
| EV/EBITDA | — | — | — | — | 31 | 70.6 | — | — | -24.9 |
| EV/Sales | — | — | — | — | 8.81 | 18.5 | — | — | 61.9 |
| Earnings yield | — | — | — | — | — | — | — | — | 3.28% |
| FCF yield | — | — | — | — | -13.6% | -2.22% | — | — | -67.7% |
| PEG | — | — | — | — | — | — | — | — | -0.16 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | 67.4% | 50.3% | 87.1% | 54.2% | 64.1% |
| Operating margin | — | — | — | — | 13.2% | -2.88% | 69.1% | -41.4% | -275.4% |
| Net margin | — | — | — | — | -40.2% | -75.6% | 49.3% | -105.5% | -188.6% |
| ROE | — | — | — | — | -36.3% | -239.7% | 33.8% | -14.7% | -43.4% |
| ROA | — | — | — | — | -13% | -34.5% | 21.8% | -9.01% | -9.74% |
| ROIC | — | — | — | — | 5.34% | -1.48% | 28% | -4.69% | -1.93% |
| Return on tangible assets | — | — | — | — | -13% | -36.7% | 23.9% | -10.7% | -7.14% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | 0.37 | 1.87 | 1.67 | 1.09 | 19.3 |
| Quick ratio | — | — | — | — | 0.37 | 1.87 | 1.67 | 1.09 | 19.3 |
| Debt / equity | — | — | — | — | 1.49 | 5.57 | 0.35 | 0.25 | 4.37 |
| Debt / assets | — | — | — | — | 0.53 | 0.8 | 0.23 | 0.16 | 0.77 |
| Net debt / EBITDA | — | — | — | — | 4.84 | 6.22 | 0.5 | -64.6 | 453.2 |
| Interest coverage | — | — | — | — | -2.86 | -1.39 | 16.2 | -8.97 | -10 |
| Effective tax rate | — | — | — | — | 0% | 0% | 25.1% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | — | — | 0.89 | 0.98 | 6.75 | 2.14 | 2.87 |
| EPS (basic) | — | — | — | — | -0.36 | -0.74 | 3.34 | -2.05 | -2.05 |
| EPS (diluted) | — | — | — | — | -0.36 | -0.74 | 3.34 | -2.05 | -5.4 |
| Book value per share | — | — | — | — | 0.99 | 0.31 | 9.86 | 15.3 | 11.7 |
| FCF per share | — | — | — | — | -0.91 | -0.37 | -3.35 | -7.15 | -11.1 |
| Cash per share | — | — | — | — | 0.25 | 0.13 | 0.85 | 0.41 | 1.9 |
| Capex per share | — | — | — | — | 0.42 | 0.03 | 1.6 | 3.68 | 3.97 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | 47.1% | 3.32% | 23.6% | 172.3% | 148% |
| Capex / operating cash flow | — | — | — | — | -64.2% | -3.4% | 30% | -291% | -526% |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| Revenue | $17M | $21.5M | $326.3M | -$36.6M | $42.2M | $339.9M | -$90.6M | $41.3M | $83.5M | $88.5M | $71M | $74.9M |
| YoY change | -10.4% | -32.7% | +830.3% | -379.4% | +147.9% | +1.5K% | -127.8% | +212.8% | +98% | -74% | +178.4% | +81.4% |
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 | 3.6M | 2.9M | 2.8M | 140.1M | 21.9M | 11.2M | 85M | 44.9M |
| Receivables | — | 943.4K | 451.1K | 647.4K | 1.2M | 636K | 7M | 31.1M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 3.6M | 14.7M | 105.3M | 468.1M | 37.1M | 19.4M | 256.8M | 408.2M |
| Property, plant & equipment | 163.4M | 149.5M | 33.3M | 206.9M | 119.6M | 71.3M | 242.3M | 663.8M |
| Goodwill & intangibles | 762.4K | 1.3M | 1.2M | — | 0 | 11.1M | 132.7M | 442.5M |
| Total assets | 82.9M | 71.2M | 145.2M | 720.7M | 245M | 190M | 1.5B | 2.8B |
| Accounts payable | 16.9M | 563.9K | 3.7M | 7.1M | 6.3M | 3.6M | 11.3M | 15.8M |
| Short-term debt | 4.1M | 6.2M | 25.8M | 16.5M | 77.7M | 1.7M | 72.4M | 202.8M |
| Total current liabilities | 20.9M | 8.7M | 29.6M | 26.1M | 100.2M | 10.3M | 154M | 375.6M |
| Long-term debt | 28.3M | 19.8M | — | 24.2M | 53M | 150.8M | 273.2M | 226.5M |
| Total liabilities | 49.2M | 28.5M | 29.6M | 154.7M | 157.4M | 162.6M | 538.3M | 1.1B |
| Shareholders' equity | 30.1M | 42.7M | 115.6M | 566M | 87.6M | 27.4M | 980.6M | 1.7B |
| Total debt | 32.4M | 26M | 25.8M | 40.7M | 130.7M | 152.5M | 345.6M | 429.3M |
| Net debt | 28.8M | 23.1M | 22.9M | -99.4M | 109.6M | 142.1M | 260.6M | 384.4M |
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 | 9.7M | 11.2M | 11.5M | 175.5M | 72.3M | 85M | 108.4M | 216.3M | 33.5M | 44.9M | 160M | 233.6M |
| Receivables | 162K | 636K | 7.7M | 5.9M | 6.1M | 7M | 4.5M | 8.5M | 6.7M | 31.1M | 7.2M | 11.9M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 15.4M | 19.4M | 33.5M | 195.7M | 110.3M | 256.8M | 269.1M | 411.3M | 223.4M | 408.2M | 216.6M | 7.1B |
| Property, plant & equipment | 67M | 71.3M | 157.1M | 158.1M | 214.8M | 242.3M | 373.4M | 401.8M | 665.7M | 663.8M | 832M | 1.4B |
| Goodwill & intangibles | 5.7M | 11.1M | 145.3M | 142.3M | 142.3M | 132.7M | 133M | 137.2M | 437.1M | 442.5M | 438.6M | 434.5M |
| Total assets | 194M | 190M | 999M | 1.1B | 1.1B | 1.5B | 1.6B | 2B | 2.7B | 2.8B | 2.6B | 10B |
| Accounts payable | 3.2M | 3.6M | 31.9M | — | — | 11.3M | — | — | — | 15.8M | 43.9M | 69.7M |
| Short-term debt | 386K | 1.7M | 72.8M | 71.3M | 72.6M | 72.4M | 74.6M | 74.8M | 140.7M | 202.8M | 202.8M | 239.3M |
| Total current liabilities | 6.9M | 10.3M | 108M | 116.8M | 110.5M | 154M | 213.2M | 227.4M | 310M | 375.6M | 252.4M | 366.2M |
| Long-term debt | 156.9M | 150.8M | 145.9M | 297.5M | 271.4M | 273.2M | 280.3M | 287.2M | 250M | 226.5M | 220.1M | 7.4B |
| Total liabilities | 165.3M | 162.6M | 258.4M | 418.7M | 386.7M | 538.3M | 584.2M | 633M | 1B | 1.1B | 919.6M | 8.2B |
| Shareholders' equity | 28.7M | 27.4M | 740.6M | 668.3M | 712.5M | 980.6M | 987.7M | 1.4B | 1.7B | 1.7B | 1.7B | 1.8B |
| Total debt | 157.3M | 152.5M | 218.7M | 368.8M | 344M | 345.6M | 354.9M | 362M | 390.6M | 429.3M | 422.9M | 7.7B |
| Net debt | 148.7M | 142.1M | 207.1M | 193.3M | 271.7M | 260.6M | 246.5M | 145.7M | 357.2M | 384.4M | 262.9M | 7.4B |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | -31.8M | -65.6M | 331.4M | -248M |
| Depreciation & amortization | 12M | 19.1M | 49.4M | 104.5M |
| Stock-based compensation | 9.2M | 4.6M | 20.8M | 57.8M |
| Change in working capital | 14.9M | -15.4M | -470K | -41.1M |
| Operating cash flow | -58.1M | -84.7M | 529.5M | -139.2M |
| Capital expenditure | -37.3M | -2.9M | -158.8M | -405.1M |
| Investing cash flow | -134.4M | 25.2M | -87.5M | -517.1M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 191.6M | -6.6M | 311.9M | 856.1M |
| Net change in cash | -788K | -66.1M | 754M | 199.8M |
| Free cash flow | -80.2M | -32.5M | -333.1M | -787.3M |
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 | 17.3M | -1.7M | 250.9M | -72.2M | 908K | 152M | -134.3M | 137.5M | 50.6M | -301.8M | -253.1M | -177.1M |
| Depreciation & amortization | 2.3M | 4.1M | 11.8M | 11.8M | 10.9M | 14.9M | 15.5M | 20.1M | 28.5M | 40.4M | 39.1M | 40.6M |
| Stock-based compensation | 1M | 314K | 4.5M | 7M | 5M | 4.3M | 3.8M | 7.6M | 6.3M | 40.1M | 50.9M | 51.2M |
| Change in working capital | 442K | 436K | -12.5M | 449K | 3.6M | -2.2M | -8.6M | -5.1M | -3.9M | -26.6M | 17.3M | -103K |
| Operating cash flow | 21.3M | -7M | 237.4M | -64.3M | 23.4M | 275.6M | -115.4M | -48.8M | 770K | -57.4M | -27.2M | -5.6M |
| Capital expenditure | -687K | 43K | -9.3M | -3.6M | -60.4M | -85.5M | -60.8M | — | -287.8M | -117.4M | -61.3M | -4M |
| Investing cash flow | -3.5M | 16.1M | 23.3M | 11.7M | -95.7M | -26.8M | -57.3M | 299K | -286.9M | -71.3M | -14.6M | -4.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -4.5M | -10.4M | -14.6M | 167.5M | -3.3M | 162.3M | 115.5M | 205.2M | 166.8M | 368.5M | 191M | -250.3M |
| Net change in cash | 13.2M | -1.2M | 246.1M | 114.9M | -75.6M | 411.2M | -57.2M | 156.8M | -119.3M | 239.9M | 149.2M | -260.4M |
| Free cash flow | -23.4M | -4M | -39.8M | -19.9M | -65.2M | -208.2M | -98.1M | -94.2M | -351.3M | -243.8M | -125.2M | -589.2M |