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 | -$0.33 | -$0.13 | +60.6% | — | $183.6M | — |
| Q1 26 | -$0.51 | -$0.62 | -21.6% | — | $174.1M | — |
| Q4 25 | -$0.41 | -$0.22 | +46.3% | — | $174.3M | — |
| Q3 25 | -$0.42 | -$0.33 | +21.4% | — | $167.2M | — |
| Q2 25 | -$0.39 | -$0.36 | +7.7% | — | $158.8M | — |
| Q1 25 | -$0.46 | -$0.31 | +32.6% | — | $155M | — |
| Q4 24 | -$0.34 | -$0.61 | -79.4% | — | $161.3M | — |
| Q3 24 | -$0.33 | -$0.28 | +15.2% | — | $155.1M | — |
| Q2 24 | -$0.4 | -$0.31 | +22.5% | — | $150.4M | — |
| Q1 24 | -$0.42 | -$0.36 | +14.3% | — | $138.5M | — |
| Q4 23 | -$0.52 | -$0.45 | +13.5% | — | $133.8M | — |
| Q3 23 | -$0.52 | -$0.46 | +11.5% | — | $127.3M | — |
| Q2 23 | -$0.5 | -$0.54 | -8.0% | — | $126.1M | — |
| Q1 23 | -$0.34 | -$0.5 | -47.1% | — | $122.2M | — |
| Q4 22 | -$0.31 | -$0.36 | -16.1% | — | $128.4M | — |
| Q3 22 | -$0.26 | -$0.25 | +3.8% | — | $131M | — |
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 | — | -$1.22 | — | — | $655.4M | — |
| FY24 | — | -$1.56 | — | — | $605.2M | — |
| FY23 | — | -$1.95 | — | — | $509.3M | — |
| FY22 | — | -$0.88 | — | — | $537.8M |
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 | $82.9M | $177M | $248.1M | $351.3M | $494.4M | $535M | $537.8M | $509.3M | $605.2M | $655.4M |
| YoY change | +150.5% | +113.6% | +40.1% | +41.6% | +40.7% | +8.23% | +0.53% | -5.3% | +18.8% | +8.28% |
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 | 82.9M | 177M | 248.1M | 351.3M | 494.4M | 535M | 537.8M | 509.3M | 605.2M | 655.4M |
| Cost of revenue | 46.3M | 55.6M | 80M | 88.6M | 106.5M | 114.9M | 114.9M | 128.3M | 137.2M | 166.9M |
| Gross profit | 36.6M | 121.4M | 168M | 262.7M | 387.9M | 420.2M | 423M | 381.1M | 468M | 488.5M |
| Gross margin | 44.2% | 68.6% | 67.7% | 74.8% | 78.5% | 78.5% | 78.6% | 74.8% | 77.3% | 74.5% |
| Research & development | 41.5M | 38.1M | 50.6M | 79M | 132M | 201.3M | 206.1M | 223.1M | 209.6M | 224.5M |
| Selling, general & administrative | 110.5M | 122.6M | 151.1M | 184.6M | 225.5M | 263.2M | 306.4M | 390.9M | 428.9M | 417.7M |
| Operating expenses | 151.9M | 160.7M | 201.7M | 263.6M | 357.5M | 464.5M | 512.5M | 613.9M | 638.5M | 642.3M |
| Operating income | -115.3M | -39.3M | -33.7M | -914K | 30.4M | -44.3M | -89.5M | -232.9M | -170.5M | -153.8M |
| Operating margin | -139.1% | -22.2% | -13.6% | -0.26% | 6.15% | -8.29% | -16.6% | -45.7% | -28.2% | -23.5% |
| Non-operating income, net | -396K | 549K | -398K | -431K | 2.6M | -4M | -3.5M | -797K | -717K | -4.3M |
| Pretax income | -121.5M | -48.5M | -45.9M | -8.8M | 18.1M | -52.1M | -81.8M | -191.7M | -131.2M | -136.3M |
| Income tax | 10.4M | 13.2M | 17.6M | -1.6M | -1.7M | 6.3M | 10.7M | 15.3M | 37.5M | -23K |
| Net income | -131.8M | -61.7M | -63.6M | -7.2M | 19.8M | -58.4M | -92.5M | -207M | -168.6M | -136.2M |
| Net margin | -159.1% | -34.8% | -25.6% | -2.06% | 4.01% | -10.9% | -17.2% | -40.6% | -27.9% | -20.8% |
| EBITDA | -109.5M | -31.1M | -23M | 13.9M | 42.2M | -34.4M | -64.4M | -176.7M | -108.9M | -100.2M |
| EPS | -1.54 | -0.7 | -0.69 | -0.07 | 0.2 | -0.56 | -0.88 | -1.95 | -1.56 | -1.22 |
| Diluted EPS | -1.54 | -0.7 | -0.69 | -0.07 | 0.18 | -0.56 | -0.88 | -1.95 | -1.56 | -1.22 |
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 | 127.3M | 133.8M | 138.5M | 150.4M | 155.1M | 161.3M | 155M | 158.8M | 167.2M | 174.3M | 174.1M | 183.6M |
| Cost of revenue | 32.1M | 32.6M | 33.7M | 34.7M | 35.4M | 33.5M | 38.5M | 41.5M | 44.7M | 42.2M | 38.9M | 41.1M |
| Gross profit | 95.2M | 101.2M | 104.8M | 115.7M | 119.7M | 127.8M | 116.5M | 117.3M | 122.5M | 132.2M | 135.1M | 142.5M |
| Gross margin | 74.8% | 75.7% | 75.7% | 77% | 77.2% | 79.2% | 75.1% | 73.9% | 73.2% | 75.8% | 77.6% | 77.6% |
| Research & development | 53.6M | 54.3M | 51.6M | 55M | 51.9M | 51.2M | 53.8M | 55.8M | 54M | 60.9M | 58.3M | 51.4M |
| Selling, general & administrative | 99.9M | 98.6M | 94.7M | 94.3M | 99.9M | 139.9M | 100.6M | 101M | 104.5M | 111.7M | 144.2M | 101.6M |
| Operating expenses | 153.5M | 152.9M | 146.3M | 149.3M | 151.8M | 191.1M | 154.3M | 156.9M | 158.5M | 172.6M | 202.5M | 153M |
| Operating income | -58.2M | -51.7M | -41.5M | -33.6M | -32.1M | -63.3M | -37.9M | -39.5M | -36M | -40.4M | -67.4M | -10.6M |
| Operating margin | -45.7% | -38.7% | -30% | -22.3% | -20.7% | -39.3% | -24.4% | -24.9% | -21.5% | -23.2% | -38.7% | -5.75% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -48.2M | -38.5M | -31.6M | -22.7M | -21.6M | -55.2M | -30.3M | -35M | -30M | -41M | -69.3M | -12.5M |
| Income tax | 1.3M | 8.5M | 7.1M | 10.6M | 9M | 10.7M | 4M | 5.2M | 7.2M | -16.5M | 1.9M | 3.2M |
| Net income | -49.5M | -47.1M | -38.8M | -33.4M | -30.6M | -65.9M | -34.3M | -40.1M | -37.3M | -24.5M | -71.1M | -15.7M |
| Net margin | -38.9% | -35.2% | -28% | -22.2% | -19.7% | -40.9% | -22.1% | -25.3% | -22.3% | -14.1% | -40.9% | -8.53% |
| EBITDA | -55.4M | -4.5M | -38.7M | -30.7M | -29.6M | -10.5M | -34.5M | -36.1M | -32.4M | -1.6M | -63.3M | -6.3M |
| EPS | -0.46 | -0.45 | -0.36 | -0.31 | -0.28 | -0.61 | -0.31 | -0.36 | -0.33 | -0.22 | -0.62 | -0.13 |
| Diluted EPS | -0.46 | -0.45 | -0.36 | -0.31 | -0.28 | -0.61 | -0.31 | -0.36 | -0.33 | -0.22 | -0.62 | -0.13 |
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 | — | 1.8B | 3.1B | 8.2B | 17.5B | 7.8B | 7.7B | 1.6B | 3.2B | 1.4B | 1.8B |
| Enterprise value | — | 1.7B | 3B | 8B | 17.1B | 7.4B | 7.3B | 1.3B | 2.9B | 1.2B | 1.6B |
| Shares outstanding | 85.6M | 88.5M | 91.8M | 97.2M | 100.9M | 103.4M | 104.7M | 106.4M | 107.8M | 111.5M | 111.5M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | 881.7 | — | — | — | — | — | -13 |
| P/S | — | 10.1 | 12.4 | 23.3 | 35.3 | 14.5 | 14.3 | 3.12 | 5.31 | 2.2 | 2.59 |
| P/B | — | 15.8 | 27.4 | 37.6 | 36.7 | 18.9 | 17.4 | 4.38 | 8.92 | 4.23 | 5.35 |
| EV/EBITDA | — | -54.8 | -129.2 | 576.1 | 404.6 | -215.5 | -113.3 | -7.21 | -27 | -12.4 | -12 |
| EV/Sales | — | 9.62 | 12 | 22.9 | 34.5 | 13.8 | 13.6 | 2.5 | 4.85 | 1.9 | 2.34 |
| Earnings yield | — | — | — | — | 0.11% | — | — | — | — | — | -7.71% |
| FCF yield | — | -2.26% | -0.28% | 0.2% | 0.48% | 0.75% | 0.12% | -6.32% | -2.15% | -5.25% | 1.23% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.2 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 44.2% | 68.6% | 67.7% | 74.8% | 78.5% | 78.5% | 78.6% | 74.8% | 77.3% | 74.5% | 77.6% |
| Operating margin | -139.1% | -22.2% | -13.6% | -0.26% | 6.15% | -8.29% | -16.6% | -45.7% | -28.2% | -23.5% | -5.75% |
| Net margin | -159.1% | -34.8% | -25.6% | -2.06% | 4.01% | -10.9% | -17.2% | -40.6% | -27.9% | -20.8% | -21.2% |
| ROE | -92.6% | -54.3% | -56.6% | -3.32% | 4.16% | -14.2% | -21% | -57.1% | -46.8% | -40% | -43.2% |
| ROA | -46.7% | -23.2% | -18.7% | -1.51% | 1.88% | -5.12% | -7.77% | -18.1% | -13.6% | -16.9% | -9.26% |
| ROIC | -592.1% | -139.4% | -215.2% | -1.65% | 38.9% | -92.3% | -159.8% | -483.9% | -203.8% | -109% | -117.9% |
| Return on tangible assets | -46.7% | -23.2% | -18.7% | -1.51% | 1.88% | -5.12% | -7.77% | -18.1% | -13.6% | -16.9% | -18.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 7.1 | 4.88 | 4.98 | 5.1 | 8.8 | 7.53 | 7 | 5.78 | 1.46 | 2.9 | 2.89 |
| Quick ratio | 6.41 | 4.44 | 4.63 | 4.82 | 8.56 | 7.36 | 6.82 | 5.56 | 1.42 | 2.71 | 2.7 |
| Debt / equity | 0.68 | 0.86 | 1.33 | 0.75 | 0.93 | 1.4 | 1.32 | 1.64 | 1.9 | 0.73 | 0.69 |
| Debt / assets | 0.34 | 0.37 | 0.44 | 0.34 | 0.42 | 0.5 | 0.49 | 0.52 | 0.55 | 0.31 | 0.29 |
| Net debt / EBITDA | 1.12 | 2.74 | 4.19 | -11.7 | -9.44 | 10.6 | 5.98 | 1.78 | 2.54 | 1.99 | 2 |
| Interest coverage | -19.5 | -3.73 | -2.41 | 0.36 | 2.03 | -14.1 | -23.5 | -56.8 | -11.7 | -7 | -7 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.97 | 2 | 2.7 | 3.61 | 4.9 | 5.17 | 5.14 | 4.79 | 5.61 | 5.88 | 6.16 |
| EPS (basic) | -1.54 | -0.7 | -0.69 | -0.07 | 0.2 | -0.56 | -0.88 | -1.95 | -1.56 | -1.22 | -1.22 |
| EPS (diluted) | -1.54 | -0.7 | -0.69 | -0.07 | 0.18 | -0.56 | -0.88 | -1.95 | -1.56 | -1.22 | -1.3 |
| Book value per share | 1.66 | 1.28 | 1.22 | 2.24 | 4.72 | 3.97 | 4.22 | 3.41 | 3.34 | 3.05 | 2.9 |
| FCF per share | -1.46 | -0.46 | -0.09 | 0.17 | 0.83 | 0.57 | 0.09 | -0.94 | -0.64 | -0.68 | -0.22 |
| Cash per share | 2.57 | 2.07 | 2.68 | 3.35 | 8.35 | 9.07 | 9.26 | 8.56 | 8.9 | 4.02 | 3.78 |
| Capex per share | 0.21 | 0.08 | 0.07 | 0.11 | 0.15 | 0.23 | 0.2 | 0.25 | 0.4 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 21.3% | 4.16% | 2.71% | 2.98% | 3.03% | 4.52% | 3.97% | 5.32% | 7.08% | — | — |
| Capex / operating cash flow | -14.7% | -15.5% | -105.7% | 156.6% | 20.4% | 47.3% | 113.4% | -30.5% | -206.4% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$0.56 | — | — | $535M | — |
| FY20 | — | $0.2 | — | — | $494.4M | — |
| FY19 | — | -$0.07 | — | — | $351.3M | — |
| FY18 | — | -$0.69 | — | — | $248.1M | — |
| FY17 | — | -$0.7 | — | — | $177M | — |
| FY16 | — | -$1.54 | — | — | $82.9M | — |
| 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 | $127.3M | $133.8M | $138.5M | $150.4M | $155.1M | $161.3M | $155M | $158.8M | $167.2M | $174.3M | $174.1M | $183.6M |
| YoY change | -2.81% | +4.17% | +13.4% | +19.3% | +21.8% | +20.5% | +11.9% | +5.62% | +7.81% | +8.11% | +12.3% | +15.6% |
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 | 219.6M | 183.3M | 245.9M | 326.1M | 842.6M | 937.7M | 969.4M | 910.6M | 959.9M | 447.7M |
| Receivables | 6.3M | 29.6M | 36.5M | 58.9M | 96.7M | 93.6M | 86.3M | 61.2M | 74.2M | 89.4M |
| Inventory | 25.5M | 22M | 22.6M | 23.7M | 27.4M | 24.4M | 29.4M | 38.2M | 35.1M | 41.1M |
| Total current assets | 261.9M | 245.1M | 321.4M | 439.9M | 999.4M | 1.1B | 1.1B | 1B | 1.1B | 646.7M |
| Property, plant & equipment | 18.6M | 18.1M | 15.4M | 34.6M | 41.6M | 53.9M | 69M | 97.7M | 119.6M | 147M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 282.1M | 265.3M | 339.8M | 479.4M | 1.1B | 1.1B | 1.2B | 1.1B | 1.2B | 804.3M |
| Accounts payable | 18.4M | 17.2M | 26.7M | 36.9M | 53.6M | 72.6M | 85.2M | 94.4M | 105.1M | 122.2M |
| Short-term debt | — | — | — | — | — | — | — | — | 566.1M | 11.7M |
| Total current liabilities | 36.9M | 50.2M | 64.6M | 86.3M | 113.6M | 142.6M | 158.8M | 179.1M | 756.4M | 223.2M |
| Long-term debt | 96.8M | 98M | 149.3M | 163.6M | 444.2M | 575.2M | 584.3M | 596.2M | 117.3M | 236.7M |
| Total liabilities | 139.7M | 151.7M | 227.5M | 261.7M | 575.5M | 729M | 750.5M | 783.6M | 880.6M | 463.9M |
| Shareholders' equity | 142.3M | 113.6M | 112.3M | 217.8M | 476.5M | 410.5M | 441.2M | 362.5M | 360.2M | 340.5M |
| Total debt | 96.8M | 98M | 149.3M | 163.6M | 444.2M | 575.2M | 584.3M | 596.2M | 683.4M | 248.4M |
| Net debt | -3M | 19.4M | 8.6M | -13.8M | 209.5M | 366.4M | 468.9M | 355.4M | 519.6M | 154.8M |
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 | 921.2M | 910.6M | 870.1M | 951.2M | 959.9M | 959.9M | 929.1M | 911.5M | 1B | 447.7M | 432M | 440.6M |
| Receivables | 65.1M | 61.2M | 60.4M | 59.9M | 61.3M | 74.2M | 84.5M | 89.9M | 85.2M | 89.4M | 93.3M | 91.5M |
| Inventory | 36.8M | 38.2M | 42.4M | 40.4M | 39.1M | 35.1M | 39.5M | 40.2M | 39.1M | 41.1M | 43.5M | 42.2M |
| Total current assets | 1B | 1B | 1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 646.7M | 631.7M | 638.5M |
| Property, plant & equipment | 85.9M | 97.7M | 103.8M | 107.3M | 114.5M | 119.6M | 145M | 147M | 148.9M | 147M | 145.1M | 145.7M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 1.1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.4B | 804.3M | 787.9M | 795.2M |
| Accounts payable | 79.7M | 94.4M | 84.3M | 90.2M | 91.3M | 105.1M | 95.1M | 103.7M | 118.9M | 122.2M | 127.2M | 130.7M |
| Short-term debt | — | — | — | — | 557.3M | 566.1M | 559M | 559.8M | 560.6M | 11.7M | — | — |
| Total current liabilities | 157.2M | 179.1M | 160.2M | 169.2M | 735M | 756.4M | 743.3M | 749.6M | 776M | 223.2M | 217.6M | 220.7M |
| Long-term debt | 590M | 596.2M | 595.3M | 675.2M | 118.3M | 117.3M | 137.8M | 140.5M | 237.3M | 236.7M | 234.9M | 233.4M |
| Total liabilities | 752.6M | 783.6M | 762.1M | 850.4M | 861.2M | 880.6M | 886.9M | 896.4M | 1B | 463.9M | 457.2M | 457.1M |
| Shareholders' equity | 393.7M | 362.5M | 359.4M | 361.8M | 360.8M | 360.2M | 362M | 349.4M | 341.3M | 340.5M | 330.7M | 338.1M |
| Total debt | 590M | 596.2M | 595.3M | 675.2M | 675.6M | 683.4M | 696.7M | 700.3M | 797.9M | 248.4M | 234.9M | 233.4M |
| Net debt | 435.2M | 355.4M | 141.5M | 510.4M | 490.2M | 519.6M | 569.5M | 550.6M | 455.8M | 154.8M | 147.4M | 139.7M |
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 | -131.8M | -61.7M | -63.6M | -7.2M | 19.8M | -58.4M | -92.5M | -207M | -168.6M | -136.2M |
| Depreciation & amortization | 5.7M | 7.7M | 9M | 8.5M | 9.2M | 10.3M | 10.6M | 11M | 11.2M | 14.7M |
| Stock-based compensation | 22.1M | 27.1M | 39.8M | 52.4M | 75.7M | 94.9M | 107M | 115.6M | 160M | 104.8M |
| Change in working capital | -16.1M | -20.8M | 7.3M | -44.8M | -34.7M | 1.3M | -2.5M | 14.8M | -22.8M | -39M |
| Operating cash flow | -120M | -47.4M | -6.3M | 6.7M | 73.2M | 51.1M | 18.8M | -88.9M | -20.8M | -49M |
| Capital expenditure | -17.7M | -7.4M | -6.7M | -10.5M | -15M | -24.2M | -21.4M | -27.1M | -42.9M | — |
| Investing cash flow | 12.8M | 6.8M | -5.5M | -51.7M | -472.8M | -144.8M | -140M | 184.1M | -140.2M | 463.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | — | — | — | — | — | — | — | — |
| Financing cash flow | 74.1M | 1.5M | 50.9M | 2.4M | 411.8M | 4.5M | 5.2M | 4.4M | 88.2M | -457.5M |
| Net change in cash | -33M | -39.1M | 39.1M | -42.5M | 12.2M | -89.2M | -115.9M | 99.7M | -72.8M | -42.6M |
| Free cash flow | -125.3M | -40.5M | -8.6M | 16.1M | 84.2M | 58.6M | 9.4M | -100.4M | -69.2M | -75.7M |
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 | -49.5M | -47.1M | -38.8M | -33.4M | -30.6M | -65.9M | -34.3M | -40.1M | -37.3M | -24.5M | -71.1M | -15.7M |
| Depreciation & amortization | 2.8M | 2.7M | 2.8M | 2.9M | 2.5M | 3.1M | 3.3M | 3.4M | 3.7M | 4.2M | 4.1M | 4.3M |
| Stock-based compensation | 26.3M | 17.4M | 34.1M | 31.8M | 31.4M | 62.8M | 29.6M | 26.1M | 29.3M | 19.8M | 63M | 17M |
| Change in working capital | -542K | 3.3M | -8.5M | -6.2M | 7.7M | -15.7M | -11.1M | -8.7M | 4.5M | -23.7M | -2.7M | 1.4M |
| Operating cash flow | -27.1M | -31.5M | -14.1M | -5.2M | 9.7M | -16.5M | -14.8M | -13.4M | 20.6M | -18M | -13.5M | 8.1M |
| Capital expenditure | -7.3M | -6.8M | -11.8M | -11.4M | -10.7M | -8.9M | -10.6M | -5.5M | — | — | — | — |
| Investing cash flow | 17.3M | 98.5M | 246.2M | -374.4M | 10.2M | -22.2M | -6.5M | 36M | 77.1M | 341.2M | 12.9M | 538K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 1.5M | 0 | 86.2M | 0 | 2M | 0 | 2.1M | 100M | -559.4M | -556K | 2.1M |
| Net change in cash | -9.8M | 68.5M | 232.1M | -293.5M | 19.9M | -36.8M | -21.3M | 24.7M | 197.6M | -236.2M | -1.2M | 10.8M |
| Free cash flow | -26.6M | -21.4M | -43.4M | -13.2M | -307K | -12.4M | -46.3M | -21.4M | 14.9M | -22.9M | -18.7M | 1.2M |