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 % |
|---|---|---|---|---|---|---|
| Q3 26 | — | -$0.01 | — | — | — | — |
| Q2 26 | — | -$0.04 | — | — | — | — |
| Q1 26 | $0.02 | -$0.11 | -650.0% | — | — | — |
| Q4 25 | $0.05 | $0.04 | -20.0% | — | — | — |
| Q3 25 | $0.02 | $0.05 | +150.0% | — | — | — |
| Q2 25 | -$0.01 | $0.06 | +700.0% | — | — | — |
| Q1 25 | — | -$0.01 | — | — | $116.5M | — |
| Q3 24 | — | $0.05 | — | — | $101.4M | — |
| Q2 24 | -$0.01 | -$0.21 | -2000.0% | — | $83.7M | — |
| Q1 24 | -$0.04 | -$0.04 | 0.0% | — | $81.4M | — |
| Q3 23 | -$0.06 | -$0.03 | +50.0% | — | $80.1M | — |
| Q2 23 | -$0.09 | -$0.02 | +77.8% | — | $75M | — |
| Q1 23 | -$0.1 | -$0.04 | +60.0% | — | $47M | — |
| Q4 22 | -$0.15 | -$0.05 | +66.7% | — | $64.8M | — |
| Q3 22 | -$0.11 | -$0.26 | -136.4% | — | $38.6M | — |
| Q2 22 | -$0.15 | -$0.05 | +66.7% | — | $64.4M | — |
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 | — | -$0.09 | — | — | $427.5M | — |
| FY24 | — | -$0.61 | — | — | $379.8M | — |
| FY23 | — | -$0.34 | — | — | — | — |
| FY22 | — | -$0.52 | — | — | $204.5M | — |
| FY21 | — | -$1.26 | — | — | $152M | — |
| FY20 | — | -$0.27 | — | — | $107.5M | — |
| FY19 | — | -$0.38 | — | — | $76.4M | — |
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 | $76.4M | $107.5M | $152M | $204.5M | — | $379.8M | $427.5M |
| YoY change | — | +40.7% | +41.3% | +34.6% | — | — | +12.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75M | $80.1M | $81.4M | $83.7M | $101.4M | $113.4M | $116.5M | $91.3M | $123.3M | $96.4M | $60.6M | $87.3M |
| YoY change | +16.4% | +107.5% | +73.2% | +11.6% | +26.6% | — | +43.2% | +9.16% | +21.6% | -15% | -48% | -4.46% |
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 | 76.4M | 107.5M | 152M | 204.5M | — | 379.8M | 427.5M |
| Cost of revenue | 76.7M | 90.4M | 194.7M | 195.4M | — | 260.2M | 305.4M |
| Gross profit | -231K | 17.1M | -42.7M | 9.1M | — | 119.6M | 122.1M |
| Gross margin | -0.3% | 15.9% | -28.1% | 4.44% | — | 31.5% | 28.6% |
| Research & development | 26M | 16.6M | 34.4M | 43.5M | — | 41.1M | 34.1M |
| Selling, general & administrative | 30.9M | 32.6M | 123.1M | 127.2M | — | 104.1M | 80M |
| Operating expenses | 53.6M | 46.2M | 151.3M | 169M | — | 142.5M | 111M |
| Operating income | -53.9M | -29.1M | -194.1M | -159.9M | — | -22.9M | 11.1M |
| Operating margin | -70.5% | -27.1% | -127.7% | -78.2% | — | -6.03% | 2.6% |
| Non-operating income, net | -145K | 650K | -7.5M | 1.9M | — | -163.6M | -41.7M |
| Pretax income | -59.5M | -33.6M | -206.5M | -158.2M | — | -195.5M | -34.5M |
| Income tax | 189K | 1K | 0 | 33K | — | 0 | -5.3M |
| Net income | -59.7M | -33.6M | -206.5M | -158.2M | — | -195.5M | -29.2M |
| Net margin | -78.1% | -31.3% | -135.9% | -77.4% | — | -51.5% | -6.83% |
| EBITDA | -37.7M | -11.1M | -182.8M | -135.5M | — | 8.8M | 45.5M |
| EPS | -0.38 | -0.27 | -1.26 | -0.52 | -0.34 | -0.61 | -0.09 |
| Diluted EPS | -0.38 | -0.27 | -1.26 | -0.52 | -0.34 | -0.61 | -0.09 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 75M | 80.1M | 81.4M | 83.7M | 101.4M | 113.4M | 116.5M | 91.3M | 123.3M | 96.4M | 60.6M | 87.3M |
| Cost of revenue | 63.5M | 62.2M | 64.1M | 56.5M | 67.8M | 71.9M | 73.5M | 59.6M | 76.9M | 95.4M | 41.5M | 61.5M |
| Gross profit | 11.5M | 17.9M | 17.2M | 27.2M | 33.6M | 41.5M | 43M | 31.7M | 46.4M | 959K | 19.2M | 25.8M |
| Gross margin | 15.3% | 22.3% | 21.2% | 32.5% | 33.2% | 36.6% | 36.9% | 34.7% | 37.6% | 0.99% | 31.6% | 29.5% |
| Research & development | 9.5M | 13.2M | 11.5M | 10.1M | 10.7M | 8.8M | 8.2M | 7.7M | 7.8M | 10.4M | 8.8M | 8.9M |
| Selling, general & administrative | 29.4M | 31M | 29.4M | 28.5M | 16.8M | 29.3M | 17.3M | 7.4M | 25.7M | 29.7M | 18.3M | 18.6M |
| Operating expenses | 38.3M | 43.8M | 40.3M | 37.9M | 26.4M | 37.8M | 24.1M | 14.1M | 33.4M | 39.4M | 27.1M | 27.5M |
| Operating income | -26.8M | -25.9M | -23.1M | -10.7M | 7.2M | 3.7M | 18.9M | 17.6M | 13M | -38.4M | -7.9M | -1.7M |
| Operating margin | -35.8% | -32.4% | -28.4% | -12.8% | 7.1% | 3.28% | 16.3% | 19.2% | 10.6% | -39.8% | -13.1% | -1.94% |
| Non-operating income, net | -294K | -337K | -94K | -89M | 10.2M | -107.8M | 43.9M | -122.4M | -12.8M | 49.5M | 57M | -9.7M |
| Pretax income | -26.1M | -26.2M | -24.8M | -101.6M | 13.2M | -105.4M | 61.8M | -105.8M | -750K | 10.3M | 48.2M | -12M |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 220K | 739K | -6.3M | — | 0 |
| Net income | -26.1M | -26.2M | -24.8M | -101.6M | 13.2M | -105.4M | 61.8M | -106.1M | -1.5M | 16.5M | 48.2M | -12M |
| Net margin | -34.8% | -32.7% | -30.5% | -121.4% | 13.1% | -93% | 53% | -116.1% | -1.21% | 17.2% | 79.5% | -13.7% |
| EBITDA | -20.4M | -20.2M | -15.5M | -2.2M | 22.5M | 4M | 27.6M | 26.4M | 21.8M | -29.8M | 582K | 8M |
| EPS | -0.08 | -0.08 | -0.08 | -0.25 | 0.04 | -0.26 | 0.19 | -0.33 | 0 | 0.05 | 0.15 | -0.03 |
| Diluted EPS | -0.08 | -0.08 | -0.08 | -0.25 | 0.03 | -0.26 | 0.05 | -0.33 | 0 | 0.05 | -0.04 | -0.03 |
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 | FY20 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 21.5M | 480.9M | 256.5M | 73M | 105M |
| Receivables | 76.3M | 88.7M | 119.3M | 120.6M | 155.8M |
| Inventory | 45M | 53.4M | 84.3M | 143.3M | 89.4M |
| Total current assets | 189.3M | 706.6M | 545.1M | 428M | 448.7M |
| Property, plant & equipment | 158M | 211.1M | 306.8M | 338.4M | 362.1M |
| Goodwill & intangibles | 32.6M | 31.8M | 28.6M | 28M | 27.5M |
| Total assets | 404.5M | 995.3M | 985M | 951.9M | 1B |
| Accounts payable | 42M | 40.4M | 45M | 64.9M | 47M |
| Short-term debt | 77.9M | 74.3M | 87.8M | 125.5M | 315.1M |
| Total current liabilities | 183.6M | 175.6M | 252.4M | 330.2M | 488.3M |
| Long-term debt | 73.1M | 73.1M | 87.2M | 203.4M | 69.4M |
| Total liabilities | 698.3M | 308.6M | 372M | 564M | 594.9M |
| Shareholders' equity | -293.8M | 686.7M | 613M | 387.9M | 410.5M |
| Total debt | 151M | 147.4M | 175M | 328.9M | 384.5M |
| Net debt | 129.5M | -333.5M | -56.4M | 255.9M | 279.5M |
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 | Q2 23 | Q3 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 | 168.3M | 92.9M | 39.5M | 68.2M | 63.6M | 73M | 90.9M | 99.7M | 90.7M | 105M | 126.1M | 127.8M |
| Receivables | 106.1M | 116.3M | 123.5M | 105M | 121.5M | 120.6M | 135.7M | 125.9M | 149.3M | 155.8M | 123.6M | 121.2M |
| Inventory | 86.8M | 126.9M | 137.3M | 152.5M | 157.8M | 143.3M | 129.1M | 141.7M | 126.9M | 89.4M | 95M | 93.6M |
| Total current assets | 427M | 403.9M | 378.2M | 418M | 437.6M | 428M | 448M | 434.6M | 445.3M | 448.7M | 425.8M | 374.9M |
| Property, plant & equipment | 518.8M | 549.5M | 616.5M | 539M | 546.6M | 338.4M | 503.4M | 540.9M | 542.1M | 362.1M | 526.8M | 543.4M |
| Goodwill & intangibles | 30.4M | 29.9M | 29.4M | 28.8M | 29.4M | 28M | 27.7M | 27.7M | 27.4M | 27.5M | 27.5M | 27.5M |
| Total assets | 997.7M | 1B | 1B | 984.6M | 1B | 951.9M | 982.9M | 1B | 1B | 1B | 987.5M | 952.2M |
| Accounts payable | 54.3M | 95.3M | 83.1M | 79.9M | 65.6M | 64.9M | 56.8M | 72.5M | 59.8M | 47M | 46.4M | 62.6M |
| Short-term debt | 71.2M | 66.6M | 106.9M | 111.7M | 125.7M | 125.5M | 137.6M | 311.7M | 337.9M | 315.1M | 284.4M | 164.6M |
| Total current liabilities | 292.7M | 336.4M | 366.6M | 372.5M | 335.9M | 330.2M | 339.9M | 524.7M | 530M | 488.3M | 444.1M | 343.7M |
| Long-term debt | 92.9M | 91.7M | 102.4M | 107M | 137.3M | 203.4M | 158.8M | 91.5M | 91.2M | 69.4M | 41.6M | 28.4M |
| Total liabilities | 418M | 449.2M | 494.5M | 506.5M | 511.8M | 564M | 528.7M | 648.6M | 655.5M | 594.9M | 521.4M | 409.1M |
| Shareholders' equity | 579.7M | 567.3M | 546.1M | 478.1M | 509.2M | 387.9M | 454.2M | 356.1M | 358.1M | 410.5M | 466.1M | 543.1M |
| Total debt | 164.1M | 158.2M | 209.3M | 218.7M | 263M | 328.9M | 296.3M | 403.3M | 429.1M | 384.5M | 326M | 193M |
| Net debt | 21.3M | 90.8M | 169.9M | 150.5M | 199.4M | 255.9M | 205.4M | 303.6M | 338.3M | 279.5M | 199.9M | 65.2M |
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 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -59.7M | -33.6M | -206.5M | -158.2M | -195.5M | -29.2M |
| Depreciation & amortization | 15.4M | 16.8M | 20.7M | 20.4M | 30.8M | 33.1M |
| Stock-based compensation | 0 | 0 | 82.9M | 90.8M | 30.8M | 3.1M |
| Change in working capital | 51.9M | 26.5M | -7M | -9.4M | -29.7M | -83.1M |
| Operating cash flow | 11.1M | 13.1M | -47.1M | -40.1M | -155.1M | 75.9M |
| Capital expenditure | -20.2M | -18.6M | -87.9M | -150.9M | -17.7M | — |
| Investing cash flow | -4M | -17.7M | -87.9M | -175.9M | -12.2M | 0 |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -52.2M | -507K | 624.9M | 5M | 37.6M | -2.7M |
| Net change in cash | -45.1M | -5.1M | 490M | -211.1M | -129.6M | 73.2M |
| Free cash flow | -6.9M | -3.1M | -132.9M | -204.8M | -24.9M | 56.1M |
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 | Q2 23 | Q3 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -26.1M | -26.2M | -24.8M | -101.6M | 13.2M | -105.4M | 61.8M | -106.1M | -1.5M | 16.5M | 48.2M | -12M |
| Depreciation & amortization | 5.1M | 5M | 7.7M | 7.6M | 7.7M | 7.8M | 8.2M | 8.5M | 8.7M | 8.4M | 8.1M | 8.1M |
| Stock-based compensation | 17.9M | 15.9M | 11.9M | 12.1M | 6.3M | 551K | 703K | 846K | 728K | 795K | 1M | 842K |
| Change in working capital | -30.2M | 5.7M | 8.2M | -1.8M | -16.6M | -19.4M | -13.5M | 9.8M | -64.1M | -15.3M | 22.1M | 20.9M |
| Operating cash flow | -29.6M | 4.7M | 6.8M | -79.2M | 17.4M | -122.8M | 62.2M | 37.2M | 15.2M | 16.4M | -22.8M | -10.5M |
| Capital expenditure | -57.4M | -59.7M | -10.1M | -2.9M | -4.5M | -180K | -2.3M | — | — | — | — | — |
| Investing cash flow | -57.6M | -59.7M | -4.5M | -2.9M | -4.5M | -180K | -2.3M | 0 | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 909K | 6.9M | 6.3M | 22.8M | 18.1M | -9M | 9.5M | -16.3M | -2.7M | -21.9M | 29.3M | -22.5M |
| Net change in cash | -86.2M | -48.2M | 8.5M | -59.4M | 31.1M | -132M | 69.4M | 20.9M | 12.4M | -5.5M | 6.5M | -33M |
| Free cash flow | -87.5M | -89.3M | -8.2M | -2.8M | -19.6M | 5.7M | 4.8M | 34.3M | 1.2M | 15.8M | -25.7M | -21.8M |
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 | 3B | 5.1B | — | — | 435.3M | 659.2M | 909.1M | 248.4M |
| Enterprise value | 3B | 5.3B | — | — | 435.3M | 915.1M | 1.2B | 329.8M |
| Shares outstanding | 300.5M | 300.5M | 185.9M | 303.3M | 310.9M | 318.5M | 324.7M | 324.7M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -7.22 |
| P/S | 39.2 | 47.8 | — | — | — | 1.74 | 2.13 | 0.67 |
| P/B | — | -17.5 | — | — | — | 1.7 | 2.21 | 0.46 |
| EV/EBITDA | -79.3 | -474.9 | — | — | — | 103.8 | 26.1 | 8.08 |
| EV/Sales | 39.2 | 49 | — | — | — | 2.41 | 2.78 | 0.9 |
| Earnings yield | — | — | — | — | — | — | — | -13.9% |
| FCF yield | -0.23% | -0.06% | — | — | — | -3.78% | 6.17% | 25.5% |
| PEG | — | — | — | — | — | — | — | 0.08 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -0.3% | 15.9% | -28.1% | 4.44% | — | 31.5% | 28.6% | 29.5% |
| Operating margin | -70.5% | -27.1% | -127.7% | -78.2% | — | -6.03% | 2.6% | -1.96% |
| Net margin | -78.1% | -31.3% | -135.9% | -77.4% | — | -51.5% | -6.83% | 13.9% |
| ROE | — | 11.4% | -30.1% | -25.8% | — | -50.4% | -7.12% | 11.4% |
| ROA | — | -8.31% | -20.7% | -16.1% | — | -20.5% | -2.91% | 0.48% |
| ROIC | — | 17.7% | -54.9% | -30.1% | — | -3.56% | 1.61% | 1.61% |
| Return on tangible assets | — | -9.04% | -21.4% | -16.5% | — | -21.2% | -2.99% | 5.54% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.03 | 4.02 | 2.16 | — | 1.3 | 0.92 | 1.09 |
| Quick ratio | — | 0.79 | 3.72 | 1.83 | — | 0.86 | 0.74 | 0.82 |
| Debt / equity | — | -0.51 | 0.21 | 0.29 | — | 0.85 | 0.94 | 0.36 |
| Debt / assets | — | 0.37 | 0.15 | 0.18 | — | 0.35 | 0.38 | 0.2 |
| Net debt / EBITDA | — | -11.7 | 1.82 | 0.6 | — | 29 | 6.15 | 107.3 |
| Interest coverage | -8.36 | -4.86 | -37.2 | -46.6 | — | -19.1 | -6.05 | 10.1 |
| Effective tax rate | 0% | 0% | 0% | 0% | — | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.25 | 0.36 | 0.82 | 0.67 | — | 1.19 | 1.32 | 1.1 |
| EPS (basic) | -0.38 | -0.27 | -1.26 | -0.52 | -0.34 | -0.61 | -0.09 | -0.09 |
| EPS (diluted) | -0.38 | -0.27 | -1.26 | -0.52 | -0.34 | -0.61 | -0.09 | -0.01 |
| Book value per share | — | -0.98 | 3.69 | 2.02 | — | 1.22 | 1.26 | 1.41 |
| FCF per share | -0.02 | -0.01 | -0.71 | -0.68 | — | -0.08 | 0.17 | -0.09 |
| Cash per share | — | 0.07 | 2.59 | 0.85 | — | 0.23 | 0.32 | 0.33 |
| Capex per share | 0.07 | 0.06 | 0.47 | 0.5 | — | 0.06 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 26.5% | 17.3% | 57.8% | 73.8% | — | 4.66% | — | — |
| Capex / operating cash flow | 182.7% | 142.1% | -186.5% | -376.1% | — | -11.4% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |