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 % |
|---|---|---|---|---|---|---|
| Q0 27 | $0.49 | $0.6 | +22.4% | — | — | — |
| Q3 26 | $0.35 | $0.47 | +34.3% | — | $703.1M | — |
| Q2 26 | $0.42 | $0.4 | -4.8% | — | $722.8M | — |
| Q1 26 | $0.41 | $0.41 | 0.0% | — | $670.6M | — |
| Q4 25 | $0.33 | $0.37 | +12.1% | — | $653.3M | — |
| Q3 25 | $0.38 | $0.42 | +10.5% | — | $639M | — |
| Q2 25 | $0.47 | $0.56 | +19.1% | — | $654.7M | — |
| Q1 25 | $0.32 | $0.42 | +31.2% | — | $591M | — |
| Q4 24 | $0.2 | $0.27 | +35.0% | — | $548M | — |
| Q3 24 | $0.17 | $0.28 | +64.7% | — | $524.6M | — |
| Q2 24 | $0.29 | $0.46 | +58.6% | — | $565.2M | — |
| Q1 24 | $0.17 | $0.29 | +70.6% | — | $511.1M | — |
| Q4 23 | $0.16 | $0.24 | +50.0% | — | $494.2M | — |
| Q3 23 | $0.03 | $0.04 | +33.3% | — | $448.6M | — |
| Q1 23 | -$0.12 | $0.03 | +125.0% | — | $433.6M | — |
| Q4 22 | -$0.38 | -$0.17 | +55.3% | — | $385.5M | — |
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 | — | $0.7 | — | — | $2.5B | — |
| FY24 | — | -$0.51 | — | — | $2.1B | — |
| FY23 | — | -$1.09 | — | — | $1.9B | — |
| FY22 | — | -$3.62 | — | — | $1.6B |
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 | $503.4M | $845.9M | $1.2B | $1.2B | $1.3B | $1.4B | $1.6B | $1.9B | $2.1B | $2.5B |
| YoY change | +108.5% | +68% | +36.6% | +6.98% | +5.79% | +6.63% | +13.4% | +17.8% | +15.3% | +18.1% |
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 | 503.4M | 845.9M | 1.2B | 1.2B | 1.3B | 1.4B | 1.6B | 1.9B | 2.1B | 2.5B |
| Cost of revenue | 170.8M | 327.3M | 386M | 304.1M | 286.7M | 291.9M | 321.2M | 332.2M | 324.1M | 334.8M |
| Gross profit | 332.6M | 518.6M | 769.4M | 932M | 1B | 1.1B | 1.3B | 1.5B | 1.8B | 2.2B |
| Gross margin | 66.1% | 61.3% | 66.6% | 75.4% | 78.1% | 79.1% | 79.7% | 82.2% | 84.9% | 86.8% |
| Research & development | 116.4M | 288.6M | 313.8M | 500.7M | 554M | 558M | 573M | 581M | 639M | 736.8M |
| Selling, general & administrative | 320.8M | 578.4M | 736.1M | 1B | 1.3B | 1.2B | 1.1B | 1.2B | 1.2B | 1.3B |
| Operating expenses | 437.2M | 867M | 1B | 1.5B | 1.8B | 1.8B | 1.7B | 1.7B | 1.8B | 2B |
| Operating income | -104.6M | -348.4M | -280.4M | -598M | -828.9M | -662.1M | -458.9M | -207.2M | 7.6M | 172.5M |
| Operating margin | -20.8% | -41.2% | -24.3% | -48.4% | -63.4% | -47.5% | -29% | -11.1% | 0.35% | 6.8% |
| Non-operating income, net | -1.3M | -26.4M | -9.3M | -3.1M | -8.4M | -279.1M | -264.9M | -749K | -8M | -14.8M |
| Pretax income | -105.9M | -374.8M | -289.7M | -613.1M | -855.2M | -1B | -779.7M | -233.6M | -101.3M | 211.6M |
| Income tax | 2.3M | 4.9M | 7.4M | 8.1M | 17.7M | 18.5M | 19.3M | 21M | 23.5M | 23.3M |
| Net income | -108.2M | -379.6M | -297.2M | -621.2M | -872.9M | -1B | -798.9M | -254.6M | -124.8M | 188.4M |
| Net margin | -21.5% | -44.9% | -25.7% | -50.3% | -66.8% | -74.3% | -50.5% | -13.7% | -5.81% | 7.42% |
| EBITDA | -78.2M | -310M | -230.1M | -506.1M | -730.1M | -573.5M | -368M | -93.1M | 141.3M | 292.7M |
| EPS | -0.79 | -3.57 | -1.81 | -3.43 | -4.48 | -5.01 | -3.62 | -1.09 | -0.51 | 0.7 |
| Diluted EPS | -0.79 | -3.57 | -1.81 | -3.43 | -4.48 | -5.01 | -3.62 | -1.09 | -0.51 | 0.65 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 494.2M | 511.1M | 565.2M | 524.6M | 548M | 591M | 654.7M | 639M | 653.3M | 670.6M | 722.8M | 703.1M |
| Cost of revenue | 80.5M | 82M | 81.6M | 79.6M | 81M | 82.7M | 85.3M | 83M | 83.8M | 87.5M | 91.3M | 92.3M |
| Gross profit | 413.8M | 429.1M | 483.7M | 445M | 467M | 508.3M | 569.4M | 556M | 569.4M | 583.1M | 631.6M | 610.8M |
| Gross margin | 83.7% | 84% | 85.6% | 84.8% | 85.2% | 86% | 87% | 87% | 87.2% | 87% | 87.4% | 86.9% |
| Research & development | 146.2M | 152M | 160.4M | 159.2M | 167.4M | 174M | 182.8M | 186.4M | 193.7M | 187.5M | 202.3M | 196.1M |
| Selling, general & administrative | 278.9M | 282.8M | 286.2M | 297.3M | 311.8M | 307.1M | 321.2M | 320.8M | 344.8M | 346.3M | 345.1M | 344.1M |
| Operating expenses | 425.1M | 434.8M | 446.6M | 456.5M | 479.2M | 481M | 504M | 507.3M | 538.5M | 533.8M | 547.3M | 540.2M |
| Operating income | -11.3M | -5.7M | 37M | -11.6M | -12.2M | 27.3M | 65.4M | 48.6M | 31.2M | 49.3M | 84.1M | 70.5M |
| Operating margin | -2.3% | -1.12% | 6.55% | -2.21% | -2.22% | 4.61% | 9.99% | 7.61% | 4.78% | 7.36% | 11.6% | 10% |
| Non-operating income, net | 7.8M | -4.3M | 1.1M | -1.3M | -3.5M | -776K | -12.6M | 916K | -2.3M | -602K | -1.6M | -3.7M |
| Pretax income | -7.1M | -11M | 39.1M | -10.9M | -118.5M | 36.8M | 65.1M | 64.6M | 45.1M | 65.6M | 97.5M | 81.3M |
| Income tax | 6.2M | 4.9M | 6.3M | 4.7M | 7.6M | 6.9M | 8.7M | 1.2M | 6.5M | 3.5M | -5.5M | 9.2M |
| Net income | -13.3M | -15.9M | 32.8M | -15.6M | -126.1M | 29.9M | 56.4M | 63.4M | 38.6M | 62.1M | 103M | 72.1M |
| Net margin | -2.69% | -3.1% | 5.8% | -2.98% | -23% | 5.06% | 8.62% | 9.92% | 5.92% | 9.26% | 14.3% | 10.3% |
| EBITDA | 26.5M | 23.6M | 74M | 24.5M | 19.2M | 55.7M | 85M | 85.6M | 66.4M | 86.9M | 118.5M | 101.5M |
| EPS | -0.06 | -0.07 | 0.13 | -0.06 | -0.51 | 0.11 | 0.21 | 0.24 | 0.14 | 0.23 | 0.38 | 0.27 |
| Diluted EPS | -0.06 | -0.07 | 0.12 | -0.06 | -0.51 | 0.1 | 0.21 | 0.22 | 0.13 | 0.21 | 0.36 | 0.25 |
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 | — | 2.7B | — | — | 4.3B | 7.4B | 3.3B | 7B | 12.4B | 20.1B | 18.4B |
| Enterprise value | — | 2.4B | — | — | 4.2B | 7.4B | 3.4B | 6.9B | 12.1B | 19.6B | 17.6B |
| Shares outstanding | 136.4M | 128.3M | 164.1M | 181M | 194.7M | 206.5M | 220.5M | 233.2M | 244.7M | 267.5M | 267.5M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | 106.7 | 12.9 |
| P/S | — | 3.22 | — | — | 3.3 | 5.33 | 2.11 | 3.78 | 5.75 | 7.92 | 6.45 |
| P/B | — | 12.6 | — | — | -15.7 | -7.35 | -4.17 | -9.96 | -17 | -29 | 26.2 |
| EV/EBITDA | — | -7.67 | — | — | -5.81 | -12.9 | -9.36 | -74.4 | 85.3 | 66.9 | 45.4 |
| EV/Sales | — | 2.81 | — | — | 3.25 | 5.31 | 2.18 | 3.72 | 5.61 | 7.72 | 6.16 |
| Earnings yield | — | — | — | — | — | — | — | — | — | 0.94% | 7.73% |
| FCF yield | — | -1.3% | — | — | -5.77% | -2.13% | 0.55% | 2.94% | 4.83% | 3.73% | 4.06% |
| PEG | — | — | — | — | — | — | — | — | — | — | 1.04 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 66.1% | 61.3% | 66.6% | 75.4% | 78.1% | 79.1% | 79.7% | 82.2% | 84.9% | 86.8% | 86.9% |
| Operating margin | -20.8% | -41.2% | -24.3% | -48.4% | -63.4% | -47.5% | -29% | -11.1% | 0.35% | 6.8% | 13.6% |
| Net margin | -21.5% | -44.9% | -25.7% | -50.3% | -66.8% | -74.3% | -50.5% | -13.7% | -5.81% | 7.42% | 52.8% |
| ROE | 28.8% | -174.9% | -90.9% | -332.4% | 317.4% | 102.3% | 99.8% | 36% | 17.1% | -27.1% | 37.5K% |
| ROA | -27.1% | -51.4% | -18.6% | -34.8% | -49.4% | -45.5% | -33.8% | -10.1% | -5.82% | 5.74% | 4.73% |
| ROIC | 21.4% | 264% | 157.6% | 227.4% | 236% | 63.6% | 66.2% | 25% | -0.73% | -12.7% | -18.4% |
| Return on tangible assets | -27.1% | -58.1% | -22.3% | -48.4% | -67.2% | -56.2% | -40.7% | -11.9% | -7.08% | 6.48% | 9.06% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.55 | 1.86 | 2.76 | 2.13 | 1.44 | 1.68 | 1.43 | 1.64 | 1.19 | 1.83 | 1.8 |
| Quick ratio | 1.55 | 1.86 | 2.76 | 2.13 | 1.44 | 1.68 | 1.43 | 1.64 | 1.19 | 1.83 | 1.78 |
| Debt / equity | -0.19 | — | 1.31 | 2.46 | -2.34 | -1.17 | -1.79 | -1.86 | -0.94 | -2.14 | 2.16 |
| Debt / assets | 0.18 | — | 0.27 | 0.26 | 0.36 | 0.52 | 0.6 | 0.52 | 0.32 | 0.45 | 0.45 |
| Net debt / EBITDA | 1.43 | — | 2.19 | 0.89 | 0.1 | 0.05 | -0.29 | 1.3 | -2.19 | -1.74 | -1.31 |
| Interest coverage | — | — | -19.1 | -19.9 | -26.3 | -11.7 | -11.8 | -2.64 | 0.4 | 26.3 | 25.1 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11% | 4.73% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.69 | 6.59 | 7.04 | 6.83 | 6.72 | 6.75 | 7.17 | 7.99 | 8.78 | 9.49 | 10.6 |
| EPS (basic) | -0.79 | -3.57 | -1.81 | -3.43 | -4.48 | -5.01 | -3.62 | -1.09 | -0.51 | 0.7 | 0.7 |
| EPS (diluted) | -0.79 | -3.57 | -1.81 | -3.43 | -4.48 | -5.01 | -3.62 | -1.09 | -0.51 | 0.65 | 5.26 |
| Book value per share | -2.76 | 1.69 | 1.99 | 1.03 | -1.41 | -4.9 | -3.63 | -3.03 | -2.98 | -2.6 | 2.6 |
| FCF per share | -0.28 | -0.28 | 0.18 | -0.42 | -1.28 | -0.77 | 0.08 | 0.89 | 2.44 | 2.8 | 2.68 |
| Cash per share | 1.36 | 2.72 | 5.69 | 5.02 | 3.7 | 5.88 | 6.01 | 6.16 | 4.06 | 7.45 | 8.73 |
| Capex per share | 0.31 | 0.39 | 0.38 | 0.65 | 0.46 | 0.28 | 0.22 | 0.28 | 0.31 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 8.4% | 5.93% | 5.4% | 9.58% | 6.84% | 4.21% | 3.1% | 3.51% | 3.5% | — | — |
| Capex / operating cash flow | -10.6K% | -153.9% | 92.1% | 206.9% | -40% | -12.3% | -33.8% | 22.1% | 11.5% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$5.01 | — | — | $1.4B | — |
| FY20 | — | -$4.48 | — | — | $1.3B | — |
| FY19 | — | -$3.43 | — | — | $1.2B | — |
| FY18 | — | -$1.81 | — | — | $1.2B | — |
| FY17 | — | -$3.57 | — | — | $845.9M | — |
| FY16 | — | -$0.79 | — | — | $503.4M | — |
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $494.2M | $511.1M | $565.2M | $524.6M | $548M | $591M | $654.7M | $639M | $653.3M | $670.6M | $722.8M | $703.1M |
| YoY change | +28.2% | +17.9% | +16.2% | +16.9% | +10.9% | +15.6% | +15.8% | +21.8% | +19.2% | +13.5% | +10.4% | +10% |
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 | 185.2M | 349.1M | 934.3M | 908.8M | 719.8M | 1.2B | 1.3B | 1.4B | 994.3M | 2B |
| Receivables | 110.7M | 178.9M | 258.3M | 245.5M | 242.5M | 180.8M | 124.6M | 157.3M | 229.8M | 338M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 329.9M | 580.1M | 1.3B | 1.3B | 1.1B | 1.6B | 1.7B | 1.9B | 1.5B | 2.6B |
| Property, plant & equipment | 42.2M | 58.1M | 85.1M | 137M | 270.5M | 237.5M | 232.2M | 205.4M | 245.3M | 277.3M |
| Goodwill & intangibles | 0 | 85.3M | 266.3M | 503.9M | 469.3M | 434.5M | 402.2M | 379.7M | 380.8M | 375.7M |
| Total assets | 399.1M | 738.2M | 1.6B | 1.8B | 1.8B | 2.3B | 2.4B | 2.5B | 2.1B | 3.3B |
| Accounts payable | 52.1M | 73.7M | 65.5M | 74M | 54M | 47.1M | 44.9M | 29.9M | 45.1M | 81.6M |
| Short-term debt | — | — | — | — | 36.6M | 42.7M | 185.3M | 29.6M | 24.2M | 23.2M |
| Total current liabilities | 212.8M | 311.1M | 458.2M | 599.3M | 760.2M | 927.9M | 1.2B | 1.1B | 1.2B | 1.4B |
| Long-term debt | 73.3M | — | 429.6M | 458.9M | 607M | 1.1B | 1.2B | 1.3B | 660.4M | 1.5B |
| Total liabilities | 775.4M | 521.1M | 1.3B | 1.6B | 2B | 3.3B | 3.2B | 3.2B | 2.9B | 4B |
| Shareholders' equity | -376.3M | 217.1M | 326.8M | 186.9M | -275M | -1B | -800.5M | -707.4M | -728.1M | -694.5M |
| Total debt | 73.3M | — | 429.6M | 458.9M | 643.6M | 1.2B | 1.4B | 1.3B | 684.6M | 1.5B |
| Net debt | -25.9M | — | 123.6M | 62.2M | 324.8M | 899.2M | 1B | 803.7M | 29.3M | 713.3M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.4B | 1.6B | 1.6B | 1.7B | 994.3M | 1.1B | 1.7B | 1.9B | 2B | 2.1B | 1.9B | 2B |
| Receivables | 157.3M | 133.7M | 189M | 225.3M | 229.8M | 198.6M | 327.3M | 270.2M | 338M | 335.9M | 260.6M | 251.6M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.9B | 1.9B | 2.1B | 2.1B | 1.5B | 1.5B | 2.3B | 2.4B | 2.6B | 2.6B | 2.5B | 2.6B |
| Property, plant & equipment | 205.4M | 206.5M | 212.5M | 211.7M | 245.3M | 251M | 250.8M | 285.9M | 277.3M | 269.5M | 322.7M | 302.6M |
| Goodwill & intangibles | 379.7M | 377.4M | 384.2M | 382.5M | 380.8M | 379.1M | 377.4M | 376.1M | 375.7M | 375.3M | 374.9M | 374.5M |
| Total assets | 2.5B | 2.6B | 2.7B | 2.8B | 2.1B | 2.2B | 3B | 3.1B | 3.3B | 3.3B | 3.3B | 3.4B |
| Accounts payable | 29.9M | 35.8M | 39.5M | 40.3M | 45.1M | 44.7M | 45.9M | 49.6M | 81.6M | 88M | 96.1M | 84.4M |
| Short-term debt | 29.6M | 28.9M | 29.2M | 23.9M | 24.2M | 23.6M | 21.8M | 25M | 23.2M | 24.1M | 33.1M | 37.3M |
| Total current liabilities | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B | 1.4B | 1.4B | 1.5B | 1.5B |
| Long-term debt | 1.3B | 1.3B | 1.3B | 1.4B | 660.4M | 670.9M | 1.4B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B |
| Total liabilities | 3.2B | 3.2B | 3.3B | 3.4B | 2.9B | 2.9B | 3.8B | 3.8B | 4B | 4B | 4.1B | 4.1B |
| Shareholders' equity | -707.4M | -642.2M | -611.7M | -619.5M | -728.1M | -685.3M | -807.7M | -711.4M | -694.5M | -668.6M | -831.3M | -725.6M |
| Total debt | 1.3B | 1.3B | 1.4B | 1.4B | 684.6M | 694.5M | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B |
| Net debt | 803.7M | 728.1M | 674.1M | 776.9M | 29.3M | -22.1M | 384.9M | 615.3M | 713.3M | 700.1M | 939.6M | 810.1M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -108.2M | -379.6M | -297.2M | -621.2M | -872.9M | -1B | -798.9M | -254.6M | -124.8M | 188.4M |
| Depreciation & amortization | 26.4M | 38.4M | 50.3M | 77.6M | 93.8M | 94.4M | 88M | 76.4M | 73.2M | 72.7M |
| Stock-based compensation | 20.1M | 231.5M | 177.9M | 306.7M | 352M | 358.5M | 343.2M | 311.7M | 333.8M | 351.6M |
| Change in working capital | 61.2M | 74.5M | 125.4M | 268.4M | 141.6M | -17.6M | 116.4M | 76.5M | 188.6M | 148.5M |
| Operating cash flow | -400K | -32.6M | 67.7M | 57.3M | -223.5M | -477.8M | -145M | 295.4M | 657M | 821.5M |
| Capital expenditure | -42.3M | -50.2M | -62.4M | -118.5M | -89.5M | -58.6M | -49.1M | -65.4M | -75.3M | — |
| Investing cash flow | -46.5M | -176.1M | -503.6M | -16.9M | 24.6M | -597.2M | -54.2M | -49.8M | 529.6M | -880.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -365K | — | — | 0 | 0 | -125.1M | -58.6M | 0 | -131.1M | -307.9M |
| Financing cash flow | 70.7M | 169.2M | 418.6M | -2.1M | 0 | 598.1M | 54.2M | -159.2M | -1.1B | 175.2M |
| Net change in cash | 23.8M | -39.5M | -17.2M | 38.3M | -199M | -476.9M | -145M | 86.4M | 72.4M | 116.2M |
| Free cash flow | -38.7M | -35.4M | 30.2M | -76.3M | -249.4M | -158.5M | 18.5M | 207M | 597.7M | 750.2M |
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 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -13.3M | -15.9M | 32.8M | -15.6M | -126.1M | 29.9M | 56.4M | 63.4M | 38.6M | 62.1M | 103M | 72.1M |
| Depreciation & amortization | 17.3M | 18.2M | 18.2M | 18.6M | 18.2M | 18.2M | 18.2M | 18M | 18.3M | 18.4M | 18M | 17.2M |
| Stock-based compensation | 72.6M | 84M | 86M | 82.3M | 81.6M | 88.7M | 93.4M | 84.2M | 85.2M | 77.8M | 102.6M | 82.8M |
| Change in working capital | 7.6M | 75M | 5.3M | -2.8M | 111.1M | 61M | -7.2M | 73.7M | 20.9M | 76.9M | 11.5M | 92.8M |
| Operating cash flow | 103.3M | 181.2M | 161.9M | 101.7M | 212.2M | 204.4M | 178.8M | 245.5M | 219.5M | 196.8M | 197.3M | 207.5M |
| Capital expenditure | -12.8M | -13M | -23.8M | -18M | -20.4M | -9.8M | -34.6M | -15.1M | — | — | — | — |
| Investing cash flow | -14.8M | -42.2M | -20.6M | -106.5M | 703.4M | -28.2M | -347.3M | -350.6M | -213.9M | -52.2M | 13.1M | -30.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | -17.5M | -41.7M | -46.9M | -25M | -20.1M | -200M | -37.8M | -50M | -50.2M | -332.9M | -50.1M |
| Financing cash flow | 419K | -18.1M | -42.8M | -106.5M | -893.5M | -100.3M | -367.2M | -107M | -97.4M | -140.4M | -381.6M | -83.3M |
| Net change in cash | 88.9M | 120.9M | 98.5M | -111.4M | 22.1M | 75.9M | -535.7M | -212.1M | -91.8M | 4.2M | -171.1M | 93.9M |
| Free cash flow | 45.5M | 132.5M | 162.6M | 78.3M | 224.3M | 151.9M | 187.1M | 203.4M | 207.8M | 174.5M | 191.4M | 197.2M |