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 26 | -$1.08 | -$0.65 | +39.8% | — | $227M | — |
| Q3 25 | -$0.84 | -$0.95 | -13.1% | — | $327.4M | — |
| Q2 25 | -$0.63 | -$0.85 | -34.9% | — | — | — |
| Q1 25 | -$0.05 | -$0.73 | -1360.0% | — | — | — |
| Q4 24 | $0.06 | $0.13 | +116.7% | — | — | — |
| Q3 24 | $0.04 | $0.05 | +25.0% | — | — | — |
| Q2 24 | $0.06 | -$0.41 | -783.3% | — | — | — |
| Q1 24 | $0.64 | $0.67 | +4.7% | — | — | — |
| Q4 23 | $0.82 | $1.01 | +23.2% | — | $758.4M | — |
| Q3 23 | $0.3 | $0.3 | 0.0% | — | — | — |
| Q2 23 | $0.64 | $0.58 | -9.4% | — | $561.3M | — |
| Q1 23 | $0.83 | $0.9 | +8.4% | — | $579.1M | — |
| Q4 22 | $0.54 | $0.87 | +61.1% | — | $546.4M | — |
| Q3 22 | $0.73 | $0.41 | -43.8% | — | $731.9M | — |
| Q2 22 | $0.5 | $0.69 | +38.0% | — | $584.9M | — |
| Q1 22 | $0.4 | $1.14 | +185.0% | — | $505.1M | — |
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 | — | -$6.63 | — | — | $1.5B | — |
| FY24 | — | -$1.24 | — | — | $2.4B | — |
| FY23 | — | $2.66 | — | — | $2.4B | — |
| FY22 | — | $0.93 | — | — | $2.4B |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.4M | $97.3M | $112.3M | $189.1M | $451.6M | $1.3B | $2.4B | $2.4B | $2.4B | $1.5B |
| YoY change | — | +354.6% | +15.5% | +68.4% | +138.8% | +192.9% | +79% | +1.9% | -2.01% | -36.4% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21.4M | 97.3M | 112.3M | 189.1M | 451.6M | 1.3B | 2.4B | 2.4B | 2.4B | 1.5B |
| Cost of revenue | 28M | 86.1M | 105.3M | 210.3M | 326.3M | 741M | 1.2B | 1.1B | 1.3B | 1.1B |
| Gross profit | -6.6M | 11.1M | 7M | -21.1M | 125.3M | 581.8M | 1.2B | 1.3B | 1.1B | 355.3M |
| Gross margin | -30.6% | 11.4% | 6.21% | -11.2% | 27.7% | 44% | 50.2% | 54.8% | 46.7% | 23.6% |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 18.2M | 33.3M | 62.1M | 152.9M | 120.1M | 199.9M | 236.1M | 205.1M | 285.5M | 307.4M |
| Operating expenses | 18.2M | 33.3M | 62.1M | 158.2M | 244.3M | 199.9M | 236.1M | 205.1M | 285.5M | 307.4M |
| Operating income | -27.1M | -25M | -58.5M | -187.3M | -151.3M | 283.5M | 809.8M | 931.2M | 645M | -170.6M |
| Operating margin | -126.5% | -25.7% | -52.1% | -99% | -33.5% | 21.4% | 34.2% | 38.6% | 27.3% | -11.3% |
| Non-operating income, net | -1.1M | 301K | -8.8M | 2.8M | -42.1M | -24.1M | -511.6M | 11M | -489.5M | -822.1M |
| Pretax income | -33.3M | -31.1M | -78.5M | -203.9M | -259.1M | 105.2M | 61.3M | 664.4M | -172.9M | -1.8B |
| Income tax | -361K | 526K | -338K | 439K | 4.8M | 12.5M | -123.4M | 115.5M | 69.5M | 61.4M |
| Net income | -32.9M | -31.7M | -78.2M | -204.3M | -264M | 92.7M | 184.8M | 548.9M | -242.4M | -1.8B |
| Net margin | -153.9% | -32.6% | -69.6% | -108% | -58.4% | 7.01% | 7.8% | 22.7% | -10.2% | -121.8% |
| EBITDA | -24.6M | -22.2M | -57.3M | -188.1M | -138.5M | 406.1M | 518.2M | 1.1B | 634.2M | 143.6M |
| EPS | -0.48 | -0.47 | -3.9 | -1.62 | -1.71 | 0.49 | 0.93 | 2.66 | -1.24 | -6.63 |
| Diluted EPS | -0.48 | -0.47 | -3.9 | -1.62 | -1.71 | 0.49 | 0.93 | 2.65 | -1.25 | -6.63 |
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 | — | 758.4M | — | — | — | — | — | — | 327.4M | 404.4M | 227M | 312.5M |
| Cost of revenue | — | 329.5M | — | — | — | — | — | — | 254.7M | 261.6M | 241.4M | 261.9M |
| Gross profit | — | 428.8M | — | — | — | — | — | — | 72.7M | 142.8M | -14.5M | 50.6M |
| Gross margin | — | 56.5% | — | — | — | — | — | — | 22.2% | 35.3% | -6.37% | 16.2% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | 48.1M | — | — | — | — | — | — | 86M | 104.9M | 47.5M | 85.3M |
| Operating expenses | — | 48.1M | — | — | — | — | — | — | 86M | 104.9M | 47.5M | 85.3M |
| Operating income | — | 318.6M | — | — | — | — | — | — | -71.9M | -7.3M | -110.2M | -75.8M |
| Operating margin | — | 42% | — | — | — | — | — | — | -22% | -1.8% | -48.6% | -24.3% |
| Non-operating income, net | — | 19.2M | — | — | — | — | — | — | -2.7M | -604.5M | -72M | -78.4M |
| Pretax income | — | 260.9M | — | — | — | — | — | — | -285.1M | -759M | -369.1M | -380.9M |
| Income tax | — | 46M | — | — | — | — | — | — | 8.2M | 25.4M | 31.5M | -8M |
| Net income | — | 214.9M | — | — | — | — | — | — | -293.4M | -784.4M | -400.6M | -373M |
| Net margin | — | 28.3% | — | — | — | — | — | — | -89.6% | -193.9% | -176.5% | -119.3% |
| EBITDA | — | 376.7M | — | — | — | — | — | — | 2.9M | 27.2M | -30M | -36M |
| EPS | 0.3 | — | 0.26 | -0.44 | 0.04 | -1.11 | -0.73 | -2.02 | -1.07 | — | -1.4 | -1.3 |
| Diluted EPS | 0.3 | — | 0.26 | -0.44 | 0.03 | -1.11 | -0.73 | -1.99 | -1.07 | — | -1.4 | -1.3 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | — | 37M |
| Enterprise value | — | — | — | — | — | — | — | — | — | — | 9.1B |
| Shares outstanding | 67.9M | 67.9M | 20M | 20.9M | 106.7M | 198.6M | 209.5M | 205.9M | 217.6M | 278.5M | 278.5M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | 9.93 |
| P/S | — | — | — | — | — | — | — | — | — | — | 0.03 |
| P/B | — | — | — | — | — | — | — | — | — | — | -4.27 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | -164 |
| EV/Sales | — | — | — | — | — | — | — | — | — | — | 7.19 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | 10.1% |
| FCF yield | — | — | — | — | — | — | — | — | — | — | 5.44% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.28 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | -30.6% | 11.4% | 6.21% | -11.2% | 27.7% | 44% | 50.2% | 54.8% | 46.7% | 23.6% | 16.2% |
| Operating margin | -126.5% | -25.7% | -52.1% | -99% | -33.5% | 21.4% | 34.2% | 38.6% | 27.3% | -11.3% | -24.3% |
| Net margin | -153.9% | -32.6% | -69.6% | -108% | -58.4% | 7.01% | 7.8% | 22.7% | -10.2% | -121.8% | -149.7% |
| ROE | -11.4% | -11.4% | -27.7% | -52.8% | -70.4% | 4.65% | 12.8% | 30.9% | -12.1% | -591.7% | -392% |
| ROA | -8.46% | -8.31% | -11.2% | -18.2% | -13.8% | 1.35% | 2.4% | 5.23% | -1.88% | -17.4% | -1.53% |
| ROIC | -14.3% | -9.27% | -12.3% | -19.1% | -13.4% | 4.21% | 14.3% | 8.55% | 5.86% | -1.97% | -3.11% |
| Return on tangible assets | -8.46% | -8.31% | -13.7% | -20.4% | -14.5% | 1.83% | 3.09% | 6.21% | -2.21% | -18% | -17.9% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 8.66 | 4.83 | 0.38 | 2.06 | 3.99 | 1.04 | 0.98 | 0.57 | 0.94 | 0.15 | 0.16 |
| Quick ratio | 8.34 | 4.48 | 0.34 | 1.44 | 3.87 | 0.97 | 0.96 | 0.51 | 0.88 | 0.14 | 0.15 |
| Debt / equity | 0.28 | 0.27 | 0.96 | 1.6 | 3.62 | 2.07 | 3.39 | 4.15 | 4.75 | 27.7 | -0.21 |
| Debt / assets | 0.21 | 0.2 | 0.39 | 0.55 | 0.71 | 0.6 | 0.63 | 0.7 | 0.74 | 0.81 | 0.85 |
| Net debt / EBITDA | 4.07 | 0.43 | -3.38 | -3.15 | -5.47 | 9.72 | 8.14 | 6.57 | 14.2 | 58.1 | -248.7 |
| Interest coverage | -5.52 | -4.41 | -9.29 | -27.7 | -4.16 | 1.72 | 1.27 | 3.56 | 0.36 | -1.52 | -1.53 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 11.8% | 0% | 17.4% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.32 | 1.43 | 5.62 | 9.07 | 4.23 | 6.66 | 11.3 | 11.7 | 10.9 | 5.4 | 222.8 |
| EPS (basic) | -0.48 | -0.47 | -3.9 | -1.62 | -1.71 | 0.49 | 0.93 | 2.66 | -1.24 | -6.63 | -6.63 |
| EPS (diluted) | -0.48 | -0.47 | -3.9 | -1.62 | -1.71 | 0.49 | 0.93 | 2.65 | -1.25 | -6.63 | -334.5 |
| Book value per share | 4.26 | 4.11 | 14.1 | 18.6 | 3.52 | 10 | 6.88 | 8.63 | 9.19 | 1.11 | -1.94 |
| FCF per share | -2.06 | -1.23 | -13.7 | -29.3 | -2.65 | -2.94 | -3.91 | -10.7 | -9.35 | -4.43 | -2.66 |
| Cash per share | 2.66 | 1.25 | 3.92 | 1.3 | 5.64 | 0.94 | 3.22 | 0.75 | 2.27 | 0.81 | 28.2 |
| Capex per share | 0 | 0.01 | 0.04 | 0.04 | — | — | — | — | — | 2.34 | 1.57 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | 0.55% | 0.64% | 0.47% | — | — | — | — | — | 43.3% | 35.3% |
| Capex / operating cash flow | 0% | -0.69% | -0.57% | -0.32% | — | — | — | — | — | -111.6% | -85.3% |
| Payout ratio | — | — | 0% | 0% | -12.8% | 95.7% | 53.6% | 131.9% | -26.9% | -0.19% | 0% |
| Dividend yield | — | — | — | — | — | — | — | — | — | — | 6.19% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Sep 13, 2024 | $0.10 |
| Jun 14, 2024 | $0.10 |
| Mar 14, 2024 | $0.10 |
| Dec 12, 2023 | $0.10 |
| Sep 12, 2023 | $0.10 |
| Jun 14, 2023 | $0.10 |
| Mar 16, 2023 | $0.10 |
| Jan 3, 2023 | $3.00 |
| Date | Ratio |
|---|
| — |
| FY21 | — | $0.49 | — | — | $1.3B | — |
| FY20 | — | -$1.71 | — | — | $451.6M | — |
| FY19 | — | -$1.62 | — | — | $189.1M | — |
| FY18 | — | -$3.9 | — | — | $112.3M | — |
| FY17 | — | -$0.47 | — | — | $97.3M | — |
| FY16 | — | -$0.48 | — | — | $21.4M | — |
| 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 | — | $758.4M | — | — | — | — | — | — | $327.4M | $404.4M | $227M | $312.5M |
| YoY change | — | +38.8% | — | — | — | — | — | — | — | — | — | — |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 180.7M | 84.7M | 78.3M | 27.1M | 601.5M | 187.5M | 675.5M | 155.4M | 492.9M | 226.5M |
| Receivables | 16.2M | 19.4M | 28.5M | 49.9M | 76.5M | 208.5M | 280.3M | 342.4M | 335.8M | 452M |
| Inventory | 7.7M | 11.2M | 16M | 63.4M | 22.9M | 37.2M | 39.1M | 113.7M | 103.2M | 119.4M |
| Total current assets | 211.9M | 155M | 153.8M | 211.1M | 762M | 584.9M | 1.4B | 980M | 1.6B | 1.3B |
| Property, plant & equipment | 167.8M | 199.7M | 530.2M | 853.9M | 1B | 5.6B | 6.5B | 7.4B | 5.5B | 8.9B |
| Goodwill & intangibles | — | 0 | 129.9M | 122.6M | 92.2M | 1.8B | 1.7B | 1.7B | 1.9B | 375.2M |
| Total assets | 389.1M | 381.2M | 699.4M | 1.1B | 1.9B | 6.9B | 7.7B | 10.5B | 12.9B | 10.6B |
| Accounts payable | 5.3M | 6.4M | 43.2M | 11.6M | 21.3M | 68.1M | 80.4M | 549.5M | 473.7M | 731.6M |
| Short-term debt | 5.8M | 5.8M | 272.2M | — | 35.5M | 144.4M | 113.6M | 457.2M | 667.5M | 7.1B |
| Total current liabilities | 24.5M | 32.1M | 404.8M | 102.3M | 191.2M | 562.5M | 1.4B | 1.7B | 1.7B | 8.7B |
| Long-term debt | 74.6M | 69.4M | — | 619.1M | 1.3B | 4B | 4.8B | 6.9B | 8.8B | 1.4B |
| Total liabilities | 99.7M | 102.3M | 416.8M | 736.5M | 1.5B | 4.9B | 6.3B | 8.7B | 10.9B | 10.2B |
| Shareholders' equity | 289.4M | 278.9M | 282.6M | 387.3M | 375.1M | 2B | 1.4B | 1.8B | 2B | 309.6M |
| Total debt | 80.4M | 75.3M | 272.2M | 619.1M | 1.4B | 4.1B | 4.9B | 7.4B | 9.5B | 8.6B |
| Net debt | -100.3M | -9.5M | 193.9M | 592M | 757.8M | 3.9B | 4.2B | 7.2B | 9B | 8.3B |
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 | 171.3M | 155.4M | 143.5M | 133M | 90.8M | 492.9M | 447.9M | 551.1M | 145.2M | 226.5M | 92.4M | 161.2M |
| Receivables | 360.8M | 342.4M | 335.3M | 406.8M | 435.9M | 335.8M | 273.1M | 269.4M | 419.8M | 452M | 370.3M | 276.7M |
| Inventory | 103.3M | 113.7M | 186.6M | 141.7M | 88.1M | 103.2M | 66.7M | 74M | 109.3M | 119.4M | 152.9M | 119.8M |
| Total current assets | 866.2M | 980M | 1B | 1.1B | 1B | 1.6B | 1.5B | 1.5B | 1.3B | 1.3B | 1.2B | 1.4B |
| Property, plant & equipment | 6.8B | 7.4B | 7.9B | 8.3B | 9B | 5.5B | 5.8B | 5.9B | 10.2B | 8.9B | 8.9B | 9B |
| Goodwill & intangibles | 1.7B | 1.7B | 2B | 2B | 2B | 1.9B | 1.6B | 421.4M | 423.5M | 375.2M | 384.8M | 380.7M |
| Total assets | 9.8B | 10.5B | 10.9B | 11.4B | 12B | 12.9B | 13B | 12B | 11.9B | 10.6B | 10.4B | 10.7B |
| Accounts payable | 892.9M | 549.5M | 524.5M | 572.7M | 819.5M | 473.7M | 655.1M | 578.8M | 632.8M | 731.6M | 634.7M | 608.4M |
| Short-term debt | 412.8M | 457.2M | 439.3M | 357M | 1.3B | 667.5M | 343.3M | 1.3B | 6.6B | 7.1B | 7.2B | 6.8B |
| Total current liabilities | 1.9B | 1.7B | 1.6B | 1.6B | 2.7B | 1.7B | 1.5B | 2.2B | 8B | 8.7B | 8.9B | 8.7B |
| Long-term debt | 6.2B | 6.9B | 7.3B | 7.9B | 7.4B | 8.8B | 9.3B | 8.1B | 2.7B | 1.4B | 1.4B | 2.3B |
| Total liabilities | 8.2B | 8.7B | 9.1B | 9.7B | 10.3B | 10.9B | 11.2B | 10.6B | 10.8B | 10.2B | 10.4B | 11.2B |
| Shareholders' equity | 1.6B | 1.8B | 1.8B | 1.7B | 1.7B | 2B | 1.9B | 1.4B | 1.1B | 309.6M | -55M | -432.4M |
| Total debt | 6.6B | 7.4B | 7.7B | 8.3B | 8.6B | 9.5B | 9.6B | 9.4B | 9.3B | 8.6B | 8.6B | 9.1B |
| Net debt | 6.5B | 7.2B | 7.6B | 8.1B | 8.5B | 9B | 9.2B | 8.9B | 9.2B | 8.3B | 8.5B | 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -32.9M | -31.7M | -78.2M | -204.3M | -264M | 92.7M | 184.8M | 548.9M | -242.4M | -1.8B |
| Depreciation & amortization | 2.4M | 3.2M | 4M | 8.6M | 33.3M | 99.5M | 143.6M | 187.3M | 162.5M | 242.3M |
| Stock-based compensation | — | 0 | 0 | 41.2M | 8.7M | 37M | 30.4M | 1.6M | 50.6M | 14.5M |
| Change in working capital | -16.3M | -51.6M | -57.1M | -135M | 28.1M | -147.8M | -104.8M | 189.4M | 150.7M | 152.1M |
| Operating cash flow | -46.4M | -77.5M | -127.1M | -279.4M | -157.1M | 75.6M | -86.9M | 813.1M | 217.9M | -583.4M |
| Capital expenditure | 0 | 536K | 723K | 887K | — | — | — | — | — | -650.8M |
| Investing cash flow | -7.7M | -23.7M | -2.6M | 1.8M | -636K | -1.6B | 1.1B | 125.7M | 546.6M | 315.8M |
| Dividends paid | — | — | 0 | 0 | -33.7M | -88.8M | -99M | -724M | -65.3M | -3.5M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 277.7M | 14M | 260.2M | 602.6M | 819.5M | 1.8B | 322M | 1.5B | 2.2B | -543.6M |
| Net change in cash | 223.5M | -87.2M | 130.5M | 325M | 661.7M | 288.3M | 1.3B | 2.5B | 3B | -811.3M |
| Free cash flow | -139.8M | -83.6M | -274.4M | -611.3M | -282.6M | -584.6M | -818.9M | -2.2B | -2B | -1.2B |
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 | 62.3M | 214.9M | 56.7M | -86.9M | 11.3M | -223.5M | -197.4M | -578.8M | -325.7M | -784.4M | -400.6M | -373M |
| Depreciation & amortization | 48.9M | 61.5M | 50.5M | 37.9M | 35.6M | 38.5M | 63.4M | 57.9M | 55.6M | 59M | 51.4M | 56.4M |
| Stock-based compensation | 228K | — | 5.2M | 20.1M | 22.5M | 2.8M | — | — | 5.5M | 4M | 3.8M | 5M |
| Change in working capital | -25.7M | 32.3M | -126.5M | 143.6M | -95.7M | 229.4M | 133.6M | -132.3M | 31.5M | 140M | 167.1M | 127.6M |
| Operating cash flow | 31.3M | 303.8M | -32.2M | 87.9M | -56.5M | 177.4M | -24.9M | -376.9M | -239M | -8.2M | -118.9M | -159.3M |
| Capital expenditure | — | — | — | — | — | — | — | -397.7M | -256.7M | 107.6M | -43.6M | -40.3M |
| Investing cash flow | 27.5M | -352K | 463.7M | 1K | 9.1M | 73.9M | 4.6M | 552M | -256.9M | 120.1M | -43.6M | -40.3M |
| Dividends paid | -23.5M | -23.5M | -32.3M | -23.4M | -5.6M | -4M | -3.5M | 446K | -5K | -453K | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 701.5M | 604.9M | 157.6M | 578.1M | 365.2M | 737.1M | 204.5M | -205M | 55.2M | -289.4M | -11M | 508.4M |
| Net change in cash | 760.3M | 908.3M | 589.1M | 666M | 317.7M | 988.3M | 184.1M | -30M | -440.7M | -177.5M | -173.5M | 308.8M |
| Free cash flow | -692.7M | -550.7M | -613.4M | -570M | -451.7M | -399.4M | -372.2M | -774.6M | -495.7M | 99.5M | -162.5M | -199.6M |
| Sep 14, 2026 | 1:50 |