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 | $0.2 | $0.06 | -70.0% | — | $197.3M | — |
| Q1 26 | $0.42 | $0.31 | -26.2% | — | $222.2M | — |
| Q4 25 | $0.29 | $0.15 | -48.3% | — | $225.4M | — |
| Q3 25 | $0.32 | $0.35 | +9.4% | — | $215.1M | — |
| Q2 25 | $0.26 | $0.13 | -50.0% | — | $186.9M | — |
| Q1 25 | $0.01 | $0.02 | +100.0% | — | $209.2M | — |
| Q4 24 | $0.11 | $0.54 | +390.9% | — | $183.8M | — |
| Q3 24 | $0.22 | $0.04 | -81.8% | — | $191.3M | — |
| Q2 24 | $0.08 | -$0.1 | -225.0% | — | $150.6M | — |
| Q1 24 | $0.01 | $0.01 | 0.0% | — | $161.9M | — |
| Q4 23 | $0.27 | $0.01 | -96.3% | — | $133.7M | — |
| Q3 23 | -$0.08 | -$0.01 | +87.5% | — | $152.8M | — |
| Q2 23 | -$0.03 | -$0.14 | -366.7% | — | $143.3M | — |
| Q1 23 | -$0.05 | $0.02 | +140.0% | — | $169.6M | — |
| Q4 22 | $0.07 | $0.12 | +71.4% | — | $142M | — |
| Q3 22 | -$0.13 | $0.01 | +107.7% | — | $142.6M | — |
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 | — | $0.66 | — | — | $836.6M | — |
| FY24 | — | $0.4 | — | — | $687.6M | — |
| FY23 | — | -$0.15 | — | — | $599.4M | — |
| FY22 | — | -$0.14 | — | — | $538.9M | — |
| FY21 | — | -$0.82 |
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 | $228.3M | $245.3M | $379.6M | $538.9M | $599.4M | $687.6M | $836.6M |
| YoY change | — | +7.45% | +54.7% | +42% | +11.2% | +14.7% | +21.7% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 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 | 228.3M | 245.3M | 379.6M | 538.9M | 599.4M | 687.6M | 836.6M |
| Cost of revenue | 16.1M | 21.3M | 28.5M | 39.8M | 54M | 63.5M | 63.7M |
| Gross profit | 212.2M | 224M | 351.1M | 499.1M | 545.4M | 624.1M | 772.9M |
| Gross margin | 92.9% | 91.3% | 92.5% | 92.6% | 91% | 90.8% | 92.4% |
| Research & development | 46M | 50.9M | 62.2M | 77.6M | 80.5M | 82.5M | 66.7M |
| Selling, general & administrative | 137.8M | 172M | 309.8M | 433.8M | 461.3M | 532.2M | 641M |
| Operating expenses | 183.8M | 222.1M | 390.1M | 518.1M | 541.8M | 614.7M | 707.7M |
| Operating income | 28.4M | 1.1M | -20.9M | -12.3M | 3.6M | 9.4M | 65.2M |
| Operating margin | 12.4% | 0.45% | -5.51% | -2.28% | 0.6% | 1.37% | 7.79% |
| Non-operating income, net | -500K | 700K | -15.5M | -6.7M | -100K | -8.5M | 400K |
| Pretax income | 27.9M | 900K | -37.7M | -20M | 6.3M | 5M | 68.2M |
| Income tax | 3.7M | -4.4M | 4.8M | -9.8M | 18.1M | -25.4M | 19.5M |
| Net income | 24.2M | 5.3M | -42.5M | -10.2M | -11.8M | 30.4M | 48.7M |
| Net margin | 10.6% | 2.16% | -11.2% | -1.89% | -1.97% | 4.42% | 5.82% |
| EBITDA | 38.4M | 16.3M | 8.8M | 26.2M | 55.3M | 54.1M | 115.2M |
| EPS | 0.43 | 0.09 | -0.82 | -0.14 | -0.15 | 0.4 | 0.66 |
| Diluted EPS | 0.43 | 0.09 | -0.82 | -0.14 | -0.15 | 0.38 | 0.64 |
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 | 152.8M | 133.7M | 161.9M | 150.6M | 191.3M | 183.8M | 209.2M | 186.9M | 215.1M | 225.4M | 222.2M | 197.3M |
| Cost of revenue | 13.3M | 13.8M | 14.2M | 14.9M | 17.7M | 16.7M | 18.2M | 16.6M | 15.3M | 13.6M | 13.6M | 13.4M |
| Gross profit | 139.5M | 119.9M | 147.7M | 135.7M | 173.6M | 167.1M | 191M | 170.3M | 199.8M | 211.8M | 208.6M | 183.9M |
| Gross margin | 91.3% | 89.7% | 91.2% | 90.1% | 90.7% | 90.9% | 91.3% | 91.1% | 92.9% | 94% | 93.9% | 93.2% |
| Research & development | 20.7M | 20.3M | 20.7M | 22.7M | 23M | 16.1M | 16.8M | 17.9M | 15.7M | 16.3M | 16.8M | 17.5M |
| Selling, general & administrative | 114.8M | 95M | 123.3M | 122.6M | 144M | 142.3M | 173.5M | 141.7M | 149.7M | 176.1M | 164.6M | 159.4M |
| Operating expenses | 135.5M | 115.3M | 144M | 145.3M | 167M | 158.4M | 190.3M | 159.6M | 165.4M | 192.4M | 181.4M | 176.9M |
| Operating income | 4M | 4.6M | 3.7M | -9.6M | 6.6M | 8.7M | 700K | 10.7M | 34.4M | 19.4M | 27.2M | 7M |
| Operating margin | 2.62% | 3.44% | 2.29% | -6.37% | 3.45% | 4.73% | 0.33% | 5.72% | 16% | 8.61% | 12.2% | 3.55% |
| Non-operating income, net | — | 0 | -100K | — | — | -8.4M | — | 200K | 300K | -100K | 100K | — |
| Pretax income | 4.7M | 5.3M | 4.8M | -8.3M | 7.8M | 700K | 1.3M | 11.5M | 35.5M | 19.9M | 28M | 7.3M |
| Income tax | 5.2M | 7.6M | 3.7M | 1.1M | 7.7M | -37.9M | 1.1M | 3.3M | 9.2M | 5.9M | 7.6M | 3M |
| Net income | -500K | -2.3M | 1.1M | -9.4M | 100K | 38.6M | 200K | 8.2M | 26.3M | 14M | 20.4M | 4.3M |
| Net margin | -0.33% | -1.72% | 0.68% | -6.24% | 0.05% | 21% | 0.1% | 4.39% | 12.2% | 6.21% | 9.18% | 2.18% |
| EBITDA | 17M | 17.7M | 16.9M | 4.1M | 20.8M | 12.3M | 14M | 24.4M | 47.3M | 29.5M | 37.9M | 16.7M |
| EPS | -0.01 | -0.03 | 0.01 | -0.12 | 0 | 0.52 | 0 | 0.11 | 0.35 | 0.19 | 0.3 | 0.07 |
| Diluted EPS | -0.01 | -0.03 | 0.01 | -0.12 | 0 | 0.51 | 0 | 0.11 | 0.34 | 0.19 | 0.29 | 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 | — | — | 807M | — | 1.1B | 1B | 1B | 544.6M |
| Enterprise value | — | — | 652.3M | — | 1B | 957.9M | 921.1M | 493.5M |
| Shares outstanding | 56.7M | 56.7M | 51.9M | 70.6M | 76.7M | 76.5M | 74.3M | 74.3M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 33.5 | 20.7 | 9.44 |
| P/S | — | — | 2.13 | — | 1.88 | 1.48 | 1.2 | 0.63 |
| P/B | — | — | 3.13 | — | 3.08 | 2.79 | 2.69 | 1.67 |
| EV/EBITDA | — | — | 74.1 | — | 18.7 | 17.7 | 8 | 4.71 |
| EV/Sales | — | — | 1.72 | — | 1.73 | 1.39 | 1.1 | 0.57 |
| Earnings yield | — | — | — | — | — | 2.99% | 4.84% | 10.6% |
| FCF yield | — | — | -1.96% | — | 3.77% | 4.96% | 11.3% | 20.8% |
| PEG | — | — | — | — | — | — | — | -0.26 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 92.9% | 91.3% | 92.5% | 92.6% | 91% | 90.8% | 92.4% | 93.2% |
| Operating margin | 12.4% | 0.45% | -5.51% | -2.28% | 0.6% | 1.37% | 7.79% | 3.5% |
| Net margin | 10.6% | 2.16% | -11.2% | -1.89% | -1.97% | 4.42% | 5.82% | 7.56% |
| ROE | 302.5% | 6.41% | -16.5% | -2.99% | -3.22% | 8.35% | 13% | 18.2% |
| ROA | 16.7% | 2.08% | -11.7% | -2.4% | -2.82% | 6.95% | 10.6% | 12.5% |
| ROIC | -241.5% | 2.59% | -20.3% | -4.58% | 0% | 3.09% | 16.1% | 23.9% |
| Return on tangible assets | 16.8% | 5.5% | -19.2% | -13.6% | -11.6% | 20.8% | 28.5% | 60.6% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.01 | 5.39 | 3.69 | 2.61 | 5.32 | 3.27 | 3.45 | 2.62 |
| Quick ratio | 4.01 | 5.39 | 3.69 | 2.61 | 5.32 | 3.27 | 3.45 | 2.62 |
| Debt / equity | 6.17 | 0.55 | 0.06 | 0.04 | 0.03 | 0.02 | 0.04 | 0.04 |
| Debt / assets | 0.34 | 0.18 | 0.04 | 0.03 | 0.02 | 0.02 | 0.03 | 0.03 |
| Net debt / EBITDA | -0.47 | -2.47 | -17.6 | -2.79 | -1.68 | -1.1 | -0.74 | -0.38 |
| Interest coverage | 26.4 | 1.82 | -28 | -7 | 8.88 | 8.14 | 114.7 | 152.2 |
| Effective tax rate | 13.3% | 0% | 0% | 0% | 100% | 0% | 28.6% | 28.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 4.03 | 4.33 | 7.31 | 7.63 | 7.81 | 8.99 | 11.3 | 12.2 |
| EPS (basic) | 0.43 | 0.09 | -0.82 | -0.14 | -0.15 | 0.4 | 0.66 | 0.66 |
| EPS (diluted) | 0.43 | 0.09 | -0.82 | -0.14 | -0.15 | 0.38 | 0.64 | 0.9 |
| Book value per share | 0.14 | 1.46 | 4.96 | 4.84 | 4.78 | 4.76 | 5.04 | 5.1 |
| FCF per share | 0.29 | -0.06 | -0.3 | -0.1 | 0.56 | 0.66 | 1.53 | 2.24 |
| Cash per share | 1.19 | 1.51 | 3.27 | 1.22 | 1.34 | 0.9 | 1.35 | 0.97 |
| Capex per share | 0.01 | 0.02 | 0.04 | 0.07 | 0.01 | 0.01 | 0.23 | 0.25 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.31% | 0.53% | 0.61% | 0.85% | 0.12% | 0.09% | 2.02% | 1.88% |
| Capex / operating cash flow | 2.72% | 5.1% | 1.1K% | 23.1% | 0.89% | 0.98% | 12.8% | 9.86% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $379.6M |
| — |
| FY20 | — | $0.09 | — | — | $245.3M | — |
| FY19 | — | $0.43 | — | — | $228.3M | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $152.8M | $133.7M | $161.9M | $150.6M | $191.3M | $183.8M | $209.2M | $186.9M | $215.1M | $225.4M | $222.2M | $197.3M |
| YoY change | +7.15% | -5.85% | -4.54% | +5.09% | +25.2% | +37.5% | +29.2% | +24.1% | +12.4% | +22.6% | +6.21% | +5.56% |
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 | 67.6M | 85.4M | 169.8M | 85.9M | 102.5M | 68.5M | 100.6M |
| Receivables | 36.1M | 37.3M | 57.6M | 87M | 75.5M | 102.2M | 111M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 107.9M | 129.4M | 242.8M | 189.2M | 198.4M | 196.7M | 244.7M |
| Property, plant & equipment | 34.1M | 41.7M | 48.8M | 60.4M | 59.8M | 48.3M | 38.9M |
| Goodwill & intangibles | 600K | 158.8M | 142.8M | 350.6M | 316.8M | 291.4M | 290M |
| Total assets | 144.6M | 255.2M | 364.1M | 425.7M | 418.6M | 437.6M | 461.1M |
| Accounts payable | 1.8M | 5.4M | 3.2M | 3.6M | 1.7M | 8.9M | 5.4M |
| Short-term debt | 12.1M | 7.4M | 2.4M | 3.1M | 3.4M | 4.8M | 8.8M |
| Total current liabilities | 26.9M | 24M | 65.8M | 72.4M | 37.3M | 60.1M | 70.9M |
| Long-term debt | 37.3M | 37.7M | 12.7M | 9.6M | 6.2M | 4.1M | 6.1M |
| Total liabilities | 136.6M | 172.5M | 106.5M | 84M | 51.7M | 73.4M | 86.6M |
| Shareholders' equity | 8M | 82.7M | 257.6M | 341.7M | 366.9M | 364.2M | 374.5M |
| Total debt | 49.4M | 45.1M | 15.1M | 12.7M | 9.6M | 8.9M | 14.9M |
| Net debt | -18.2M | -38.3M | -152.7M | -71.2M | -90.8M | -57.4M | -83.4M |
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 | 86.6M | 102.5M | 110.9M | 113.8M | 71.7M | 68.5M | 92.2M | 105.3M | 120.6M | 100.6M | 56.3M | 62M |
| Receivables | 84.4M | 75.5M | 93.9M | 93.7M | 102.8M | 102.2M | 120.3M | 97.8M | 121.9M | 111M | 113.1M | 113.6M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 194.8M | 198.4M | 224.2M | 230M | 193.7M | 196.7M | 241.9M | 238.7M | 275.1M | 244.7M | 206.4M | 201.3M |
| Property, plant & equipment | 62M | 59.8M | 57.1M | 54.9M | 50.7M | 48.3M | 43.8M | 43M | 40.3M | 38.9M | 37.4M | 35.4M |
| Goodwill & intangibles | 323.6M | 316.8M | 310M | 303M | 297M | 291.4M | 284.8M | 288.8M | 281M | 290M | 318.2M | 310.8M |
| Total assets | 420.8M | 418.6M | 446.1M | 446.2M | 402.4M | 437.6M | 475M | 476M | 492.8M | 461.1M | 432M | 418M |
| Accounts payable | 13.1M | 1.7M | 15.3M | 10.1M | 12.4M | 8.9M | 24.3M | 11.8M | 13.6M | 5.4M | 6.6M | 12.7M |
| Short-term debt | — | 3.4M | — | — | — | 4.8M | — | — | — | 8.8M | — | — |
| Total current liabilities | 45M | 37.3M | 53.8M | 53.9M | 66.5M | 60.1M | 90.4M | 69.3M | 74.4M | 70.9M | 80.3M | 76.9M |
| Long-term debt | — | 6.2M | — | — | — | 4.1M | — | — | — | 6.1M | — | — |
| Total liabilities | 56.6M | 51.7M | 67.4M | 66.8M | 80M | 73.4M | 103.4M | 86M | 90.4M | 86.6M | 95.8M | 92.2M |
| Shareholders' equity | 364.2M | 366.9M | 378.7M | 379.4M | 322.4M | 364.2M | 371.6M | 390M | 402.4M | 374.5M | 336.2M | 325.8M |
| Total debt | — | 9.6M | — | — | — | 8.9M | — | — | — | 14.9M | — | — |
| Net debt | — | -90.8M | — | — | — | -57.4M | — | — | — | -83.4M | — | — |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | 24.2M | 5.3M | -42.5M | -10.2M | -11.8M | 30.4M | 48.7M |
| Depreciation & amortization | 9.4M | 15.1M | 27.1M | 37M | 48.2M | 48.4M | 46.4M |
| Stock-based compensation | 5M | 6.4M | 17.9M | 34.4M | 38.8M | 37.7M | 28.6M |
| Change in working capital | -20.7M | -2.6M | -30.6M | -27.8M | 12.5M | -20.1M | -19.4M |
| Operating cash flow | 25.7M | 25.5M | 200K | 19.9M | 78.9M | 61.1M | 131.6M |
| Capital expenditure | -700K | -1.3M | -2.3M | -4.6M | -700K | -600K | -16.9M |
| Investing cash flow | -700K | -38M | -2.3M | -72.7M | -700K | -9M | -32M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | -2.3M | -1.2M | -15M | 0 | -20M | -80.1M | -70.2M |
| Financing cash flow | -2.3M | 42.7M | 90.6M | -20.6M | -39.4M | -84.2M | -69.3M |
| Net change in cash | 22.7M | 30.2M | 88.5M | -73.4M | 38.8M | -32.1M | 30.3M |
| Free cash flow | 16.6M | -3.3M | -15.8M | -7.2M | 42.6M | 50.5M | 113.4M |
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 | -500K | -2.3M | 1.1M | -9.4M | 100K | 38.6M | 200K | 8.2M | 26.3M | 14M | 20.4M | 4.3M |
| Depreciation & amortization | 12.1M | 12.2M | 11.9M | 12.2M | 12.9M | 11.4M | 12.6M | 12.7M | 11.6M | 9.5M | 9.7M | 9.3M |
| Stock-based compensation | 9.4M | 9.5M | 8.7M | 10.3M | 10.2M | 8.5M | 6.7M | 8.2M | 6.7M | 7M | 7M | 6.9M |
| Change in working capital | 18.8M | 2.6M | -5.6M | -6M | -6.6M | -1.9M | -8.6M | 5M | -17.5M | 1.7M | -11.9M | 15.6M |
| Operating cash flow | 40.4M | 24.3M | 16.7M | 7.7M | 17.2M | 19.5M | 11.9M | 17.5M | 48.5M | 38.9M | 35.7M | 41.2M |
| Capital expenditure | -100K | -200K | 0 | -300K | -100K | -200K | -200K | -3.7M | -4.3M | -4.5M | -3.8M | -3.6M |
| Investing cash flow | -100K | -200K | -8.1M | -300K | -100K | -200K | -200K | -8.7M | -6.3M | -12.6M | -19.3M | -3.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -10.8M | -7.9M | — | — | -68.7M | -10.3M | — | -300K | -19.2M | -50.7M | -66M | -22.8M |
| Financing cash flow | -12.1M | -8.6M | -400K | -1M | -69M | -12.7M | 3.8M | 3.8M | -27M | -54.3M | -58.2M | -23.4M |
| Net change in cash | 28.2M | 15.5M | 8.2M | 6.4M | -51.9M | 6.6M | 15.5M | 12.6M | 15.2M | -28M | -41.8M | 13.9M |
| Free cash flow | 31.3M | 20.2M | 17.3M | 4.5M | 23.8M | 4.9M | 22.1M | 13.1M | 44.1M | 34.1M | 31.5M | 37.5M |