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 | $0.01 | $0.08 | +700.0% | — | $176M | — |
| Q1 26 | -$0.04 | $0.09 | +325.0% | — | $165.8M | — |
| Q4 25 | -$0.08 | $0.03 | +137.5% | — | $172.1M | — |
| Q3 25 | -$0.07 | -$0.04 | +42.9% | — | $163.3M | — |
| Q2 25 | -$0.13 | $0.02 | +115.4% | — | $150.4M | — |
| Q1 25 | -$0.19 | -$0.01 | +94.7% | — | $139.1M | — |
| Q4 24 | -$0.16 | -$0.13 | +18.8% | — | $135.8M | — |
| Q3 24 | -$0.14 | -$0.14 | 0.0% | — | $128M | — |
| Q2 24 | $0.17 | -$0.22 | -229.4% | — | $125.3M | — |
| Q1 24 | -$0.36 | -$0.2 | +44.4% | — | $118M | — |
| Q4 23 | -$0.3 | -$0.23 | +23.3% | — | $118.8M | — |
| Q3 23 | -$0.09 | -$0.1 | -11.1% | — | $108.9M | — |
| Q2 23 | -$0.09 | -$0.11 | -22.2% | — | $231.1M | — |
| Q1 23 | -$0.09 | -$0.13 | -44.4% | — | $217.3M | — |
| Q4 22 | -$0.09 | -$0.05 | +44.4% | — | $203.8M | — |
| Q3 22 | -$0.09 | -$0.1 | -11.1% | — | $191.6M | — |
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 | — | -$0.12 | — | — | $624.9M | — |
| FY24 | — | $0.05 | — | — | $507M | — |
| FY23 | — | -$0.42 | — | — | $676.2M | — |
| FY22 | — | -$0.34 | — | — | $748.2M | — |
| FY21 | — | -$0.45 |
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 | $143.3M | $290.3M | $517.2M | $748.2M | $676.2M | $507M | $624.9M |
| YoY change | — | +102.6% | +78.2% | +44.7% | -9.63% | -25% | +23.3% |
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 | 143.3M | 290.3M | 517.2M | 748.2M | 676.2M | 507M | 624.9M |
| Cost of revenue | 82.8M | 172.4M | 285.5M | 428.2M | 346.7M | 155.1M | 187.6M |
| Gross profit | 60.5M | 117.9M | 231.7M | 320M | 329.5M | 351.8M | 437.3M |
| Gross margin | 42.2% | 40.6% | 44.8% | 42.8% | 48.7% | 69.4% | 70% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 101.3M | 143M | 343M | 447.1M | 528.2M | 282M | 371.1M |
| Operating expenses | 116.2M | 161.5M | 390.2M | 526M | 601.8M | 358.9M | 456.5M |
| Operating income | -58.9M | -47.1M | -162M | -209.8M | -283M | -24.5M | -46.4M |
| Operating margin | -41.1% | -16.2% | -31.3% | -28% | -41.9% | -4.83% | -7.43% |
| Non-operating income, net | 698K | -521K | -2.6M | 24.9M | 52.4M | 52.5M | 33.1M |
| Pretax income | -58.2M | -47.6M | -164.6M | -184.9M | -230.6M | 28.1M | -13.3M |
| Income tax | 35K | 87K | -640K | -102K | -7.6M | 793K | 596K |
| Net income | -58.2M | -47.7M | -163.9M | -184.8M | -223M | 27.3M | -13.9M |
| Net margin | -40.6% | -16.4% | -31.7% | -24.7% | -33% | 5.38% | -2.23% |
| EBITDA | -55.8M | -43.6M | -158.5M | -206M | -272.3M | -7M | -19.3M |
| EPS | -0.25 | -0.1 | -0.45 | -0.34 | -0.42 | 0.05 | -0.12 |
| Diluted EPS | -0.25 | -0.1 | -0.45 | -0.34 | -0.42 | 0.05 | -0.12 |
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 | 108.9M | 118.8M | 118M | 125.3M | 128M | 135.8M | 139.1M | 150.4M | 163.3M | 172.1M | 165.8M | 176M |
| Cost of revenue | 36.4M | 35.6M | 33.8M | 45.9M | 37.8M | 37.6M | 40.4M | 46.3M | 48.7M | 52.1M | 48.2M | 54.1M |
| Gross profit | 72.5M | 83.2M | 84.2M | 79.4M | 90.1M | 98.2M | 98.7M | 104.1M | 114.6M | 120M | 117.6M | 121.9M |
| Gross margin | 66.6% | 70% | 71.3% | 63.3% | 70.4% | 72.3% | 71% | 69.2% | 70.1% | 69.7% | 70.9% | 69.2% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 121.5M | 118.7M | 113.5M | -47.8M | 107.5M | 108.9M | 93.1M | 87.2M | 92.3M | 98.5M | 85M | 85.7M |
| Operating expenses | 139.2M | 136.4M | 130.5M | -29.6M | 127.9M | 130.1M | 111.9M | 106.6M | 117.9M | 120.1M | 106.6M | 108.5M |
| Operating income | -69.8M | -56.3M | -49.9M | 105M | -42.2M | -37.4M | -18.5M | -9.2M | -10.4M | -8.3M | 2.1M | 3.6M |
| Operating margin | -64.1% | -47.4% | -42.3% | 83.9% | -33% | -27.6% | -13.3% | -6.14% | -6.35% | -4.82% | 1.26% | 2.07% |
| Non-operating income, net | 15.1M | 14.9M | 13.9M | 14.2M | 13.7M | 10.7M | 10.5M | 8.8M | 7.2M | 6.6M | 5.9M | 4.4M |
| Pretax income | -54.8M | -41.4M | -35.9M | 119.3M | -28.5M | -26.7M | -8M | -441K | -3.1M | -1.7M | 8M | 8.1M |
| Income tax | 238K | -1M | 134K | 150K | 115K | 394K | 235K | 206K | 498K | -343K | 193K | 505K |
| Net income | -55M | -40.4M | -36.1M | 119.1M | -28.6M | -27.1M | -8.3M | -647K | -3.6M | -1.4M | 7.8M | 7.6M |
| Net margin | -50.5% | -34% | -30.6% | 95.1% | -22.4% | -20% | -5.94% | -0.43% | -2.22% | -0.81% | 4.73% | 4.3% |
| EBITDA | -66.7M | -53.2M | -46.3M | 109M | -37.8M | -31.9M | -13.2M | -2.6M | -3.4M | -134K | 10.9M | 13.3M |
| EPS | -0.1 | -0.08 | -0.07 | 0.23 | -0.06 | -0.05 | -0.02 | 0 | -0.04 | 0 | 0.08 | 0.07 |
| Diluted EPS | -0.1 | -0.08 | -0.07 | 0.23 | -0.06 | -0.05 | -0.02 | 0 | -0.04 | 0 | 0.08 | 0.07 |
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 | — | — | — | — | 3.7B | 1.9B | — | 1.8B |
| Enterprise value | — | — | — | — | 2.5B | 847.7M | — | 1.1B |
| Shares outstanding | 483.4M | 483.4M | 362.8M | 545.4M | 532.5M | 511.1M | 115.5M | 115.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 71 | — | 186.7 |
| P/S | — | — | — | — | 5.5 | 3.82 | — | 2.58 |
| P/B | — | — | — | — | 2.99 | 1.79 | — | 2.44 |
| EV/EBITDA | — | — | — | — | -9.12 | -121 | — | 62.6 |
| EV/Sales | — | — | — | — | 3.67 | 1.67 | — | 1.58 |
| Earnings yield | — | — | — | — | — | 1.41% | — | 0.54% |
| FCF yield | — | — | — | — | 0.23% | 1.91% | — | 8.69% |
| PEG | — | — | — | — | — | — | — | 0 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 42.2% | 40.6% | 44.8% | 42.8% | 48.7% | 69.4% | 70% | 69.2% |
| Operating margin | -41.1% | -16.2% | -31.3% | -28% | -41.9% | -4.83% | -7.43% | 2.47% |
| Net margin | -40.6% | -16.4% | -31.7% | -24.7% | -33% | 5.38% | -2.23% | 1.53% |
| ROE | -42.4% | -16.6% | -10.4% | -12.5% | -17.9% | 2.51% | -1.83% | 1.33% |
| ROA | -26.1% | -10.4% | -8.96% | -10.4% | -14% | 1.86% | -0.91% | -0.51% |
| ROIC | -3.9K% | 73.6% | 131.5% | 150.6% | -2.7K% | 567.6% | -735.9% | -39.7% |
| Return on tangible assets | -26.1% | -10.4% | -8.96% | -10.4% | -17.5% | 2.36% | -1.25% | 1.05% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.07 | 3.05 | 7.56 | 6.17 | 4.13 | 3.37 | 1.65 | 1.66 |
| Quick ratio | 3.07 | 3.05 | 7.54 | 6.16 | 4.11 | 3.36 | 1.65 | 1.66 |
| Debt / equity | 0.14 | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 |
| Debt / assets | 0.09 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Net debt / EBITDA | 2.44 | 8.08 | 10.7 | 7.83 | 4.53 | 155.5 | 39.2 | -33 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 2.82% | 0% | 7.59% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.3 | 0.6 | 1.43 | 1.37 | 1.27 | 0.99 | 5.41 | 6.24 |
| EPS (basic) | -0.25 | -0.1 | -0.45 | -0.34 | -0.42 | 0.05 | -0.12 | -0.12 |
| EPS (diluted) | -0.25 | -0.1 | -0.45 | -0.34 | -0.42 | 0.05 | -0.12 | 0.09 |
| Book value per share | 0.28 | 0.6 | 4.34 | 2.7 | 2.33 | 2.12 | 6.59 | 6.87 |
| FCF per share | -0.04 | 0.1 | 0.15 | -0.03 | 0.02 | 0.07 | 1.15 | 1.57 |
| Cash per share | 0.32 | 0.77 | 4.72 | 2.98 | 2.35 | 2.16 | 6.68 | 6.73 |
| Capex per share | 0.01 | 0 | 0.01 | 0 | 0 | 0 | 0.25 | 0.29 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.43% | 0.82% | 0.53% | 0.31% | 0.11% | 0.48% | 4.55% | 4.57% |
| Capex / operating cash flow | -10.7% | -7.61% | -9.52% | -5.57% | -1.25% | 1.42% | 17.5% | 15.5% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $517.2M |
| — |
| FY20 | — | -$0.1 | — | — | $290.3M | — |
| FY19 | — | -$0.25 | — | — | $143.3M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $108.9M | $118.8M | $118M | $125.3M | $128M | $135.8M | $139.1M | $150.4M | $163.3M | $172.1M | $165.8M | $176M |
| YoY change | -43.2% | -41.7% | -45.7% | -45.8% | +17.5% | +14.3% | +17.9% | +20.1% | +27.6% | +26.7% | +19.2% | +17% |
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 | 155.6M | 370.3M | 1.7B | 1.6B | 1.2B | 1.1B | 771.9M |
| Receivables | 4M | 8.4M | 13.2M | 15.6M | 19.5M | 30M | 41.4M |
| Inventory | — | 781K | 3.9M | 5.2M | 4.3M | 3.7M | 1.9M |
| Total current assets | 197.2M | 430.9M | 1.8B | 1.7B | 1.4B | 1.2B | 1.2B |
| Property, plant & equipment | 25.8M | 22.9M | 21M | 16.5M | 25.3M | 40.2M | 68.2M |
| Goodwill & intangibles | — | — | — | 0 | 318.3M | 306.6M | 412.2M |
| Total assets | 223.2M | 457.7M | 1.8B | 1.8B | 1.6B | 1.5B | 1.5B |
| Accounts payable | 32.6M | 80.6M | 123.9M | 146M | 175.1M | 193.9M | 226.4M |
| Short-term debt | 2.1M | 2.8M | 3M | 3.4M | 11.8M | 12.3M | 10.7M |
| Total current liabilities | 64.3M | 141.1M | 238M | 282.9M | 336.6M | 371M | 749.1M |
| Long-term debt | 17.7M | 15.4M | 12.4M | 9M | 5.1M | 870K | 5.5M |
| Total liabilities | 85.8M | 169.5M | 257M | 297.4M | 346.3M | 378.2M | 763.1M |
| Shareholders' equity | 137.3M | 288.2M | 1.6B | 1.5B | 1.2B | 1.1B | 762M |
| Total debt | 19.7M | 18.2M | 15.4M | 12.4M | 16.9M | 13.2M | 16.3M |
| Net debt | -40.6M | -202.2M | -1.2B | -1.2B | -964M | -909.8M | -693.2M |
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 | 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 | 1.3B | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 988.4M | 821.6M | 830.5M | 771.9M | 712.1M | 700.9M |
| Receivables | 15.7M | 19.5M | 23.4M | 26M | 26.4M | 30M | 28.4M | 37.2M | 36.1M | 41.4M | 45.9M | 51M |
| Inventory | 4.7M | 4.3M | — | — | — | 3.7M | — | — | — | 1.9M | — | — |
| Total current assets | 1.4B | 1.4B | 1.3B | 1.3B | 1.2B | 1.2B | 1.1B | 990.2M | 1.2B | 1.2B | 1.2B | 1.1B |
| Property, plant & equipment | 24.2M | 25.3M | 34M | 38.7M | 40.7M | 40.2M | 44.8M | 55.4M | 63.5M | 68.2M | 71.4M | 73.9M |
| Goodwill & intangibles | 320.2M | 318.3M | 315.4M | 312.4M | 309.5M | 306.6M | 303.7M | 300.7M | 416.2M | 412.2M | 404.7M | 399.4M |
| Total assets | 1.6B | 1.6B | 1.6B | 1.5B | 1.4B | 1.5B | 1.3B | 1.2B | 1.5B | 1.5B | 1.5B | 1.4B |
| Accounts payable | 148.2M | 175.1M | 190.8M | 180.1M | 168.1M | 193.9M | 211M | 203.1M | 206.5M | 226.4M | 260.9M | 223.4M |
| Short-term debt | 12.3M | 11.8M | 11.9M | 12.3M | 12.5M | 12.3M | 12.1M | 11.5M | 10.8M | 10.7M | 10.3M | 11.3M |
| Total current liabilities | 296.9M | 336.6M | 338.6M | 337.8M | 333.6M | 371M | 357M | 361.3M | 636.8M | 749.1M | 721.1M | 662.3M |
| Long-term debt | 6.1M | 5.1M | 4.1M | 3.3M | 2.1M | 870K | 26K | 3M | 4.8M | 5.5M | 4.8M | 4.1M |
| Total liabilities | 308.2M | 346.3M | 347.7M | 345.9M | 340.2M | 378.2M | 362.4M | 371.2M | 649.2M | 763.1M | 734.4M | 676.7M |
| Shareholders' equity | 1.3B | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 987.3M | 843.4M | 839.2M | 762M | 742.3M | 715.6M |
| Total debt | 18.5M | 16.9M | 16M | 15.6M | 14.6M | 13.2M | 12.1M | 14.5M | 15.6M | 16.3M | 15.1M | 15.4M |
| Net debt | -929.3M | -964M | -954.4M | -909.2M | -871.9M | -909.8M | -818.8M | -718.3M | -731.6M | -693.2M | -659.7M | -676M |
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 | -58.2M | -47.7M | -163.9M | -184.8M | -223M | 27.3M | -13.9M |
| Depreciation & amortization | 3.1M | 3.5M | 3.5M | 3.9M | 10.7M | 17.5M | 27.2M |
| Stock-based compensation | 21.8M | 28.2M | 142.7M | 160.7M | 180.7M | 136.6M | 104.8M |
| Change in working capital | -15.1M | -19.2M | -16.3M | -24.4M | -32.9M | -14M | -9.2M |
| Operating cash flow | -46M | -31.2M | -28.8M | -41.6M | -61.2M | 170.7M | 162.6M |
| Capital expenditure | -4.9M | -2.4M | -2.7M | -2.3M | -762K | -2.4M | -28.4M |
| Investing cash flow | -100.3M | -57.6M | -329.1M | 30.3M | 50.4M | 89.6M | 272.9M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | 0 | -78.1M | -190.4M | -154.4M | -391.4M |
| Financing cash flow | 138M | 164.2M | 1.3B | -93.5M | -270.1M | -189.8M | -351.1M |
| Net change in cash | -8.3M | 75.4M | 933.6M | -104.8M | -280.9M | 70.4M | 84.5M |
| Free cash flow | -20.3M | 47.9M | 54.2M | -16.9M | 8.5M | 37M | 132.4M |
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 | -55M | -40.4M | -36.1M | 119.1M | -28.6M | -27.1M | -8.3M | -647K | -3.6M | -1.4M | 7.8M | 7.6M |
| Depreciation & amortization | 3.1M | 3.2M | 3.5M | 4M | 4.4M | 5.5M | 5.3M | 6.7M | 7M | 8.2M | 8.9M | 9.7M |
| Stock-based compensation | 32.1M | 45M | 44.4M | 36.3M | 35.7M | 33.3M | 25.9M | 27.1M | 25.7M | 26.1M | 20M | 22.4M |
| Change in working capital | 20.4M | -31.6M | -12.1M | 27.5M | -2.9M | -26.6M | 4.9M | -28.9M | 35.3M | -20.5M | -40.1M | 55.1M |
| Operating cash flow | 1.8M | -23.5M | 667K | 186.3M | 9.7M | -12.8M | 28.7M | 12.5M | 86.8M | 53.3M | -3.4M | 63.2M |
| Capital expenditure | -54K | -40K | -1.2M | -1M | -189K | -36K | -1.3M | -7.5M | -7.9M | -7M | -7.8M | -8.4M |
| Investing cash flow | 82.2M | 84.3M | 38.8M | -1M | 13.8M | 38M | 20.9M | 61.2M | 1.4M | 12.7M | 17.3M | 19.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -64.4M | -58.9M | -33.7M | -57.5M | -46.6M | -16.7M | -111.3M | -163.9M | -19.6M | -96.6M | -39.2M | -54.7M |
| Financing cash flow | -126M | -67M | -44.6M | -66.9M | -55.3M | -23.1M | -118.4M | -172.7M | -27.9M | -32.1M | -74.6M | -85.2M |
| Net change in cash | -42M | -6.2M | -5.1M | 118.4M | -31.8M | 2.1M | -68.7M | -99M | 60.2M | 34M | -60.6M | -2.7M |
| Free cash flow | 38M | 14.1M | -6.1M | 19.5M | 3M | 20.5M | 2.7M | 4.7M | 78.5M | 46.5M | -12.4M | 54.6M |