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 | $0.13 | $0.16 | +23.1% | — | $122.6M | — |
| Q1 26 | $0.13 | $0.04 | -69.2% | — | $106.9M | — |
| Q4 25 | $0.25 | $0.37 | +48.0% | — | $119.5M | — |
| Q3 25 | $0.23 | $0.11 | -52.2% | — | $104.3M | — |
| Q2 25 | $0.1 | $0.17 | +70.0% | — | $95.6M | — |
| Q1 25 | -$0.03 | $0.03 | +200.0% | — | $81.1M | — |
| Q4 24 | $0.07 | $0.11 | +57.1% | — | $89M | — |
| Q3 24 | $0.04 | $0.02 | -50.0% | — | $83M | — |
| Q2 24 | $0.01 | -$0.07 | -800.0% | — | $78.1M | — |
| Q1 24 | -$0.04 | -$0.15 | -275.0% | — | $64M | — |
| Q1 23 | — | -$0.17 | — | — | $52.4M | — |
| Q4 22 | -$0.29 | -$0.23 | +20.7% | — | $50.9M | — |
| Q3 22 | — | -$0.3 | — | — | $47.2M | — |
| Q2 22 | — | -$0.31 | — | — | $41.2M | — |
| Q4 21 | — | -$0.43 | — | — | $34.4M | — |
| Q3 21 | — | -$0.21 | — | — | $30.9M | — |
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 | — | $0.96 | — | — | $400.4M | — |
| FY24 | — | -$0.16 | — | — | $314M | — |
| FY23 | — | -$0.48 | — | — | $235.5M | — |
| FY22 | — | -$1.14 | — | — | $173.5M | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $48.7M | $63.6M | $78.8M | $119.1M | $173.5M | $235.5M | $314M | $400.4M |
| YoY change | — | +30.6% | +23.8% | +51.2% | +45.6% | +35.7% | +33.3% | +27.5% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.7M | 63.6M | 78.8M | 119.1M | 173.5M | 235.5M | 314M | 400.4M |
| Cost of revenue | 27.4M | 37.1M | 41.6M | 71M | 113.5M | 147.2M | 172.5M | 207.5M |
| Gross profit | 21.3M | 26.6M | 37.2M | 48.2M | 60M | 88.3M | 141.5M | 193M |
| Gross margin | 43.7% | 41.7% | 47.2% | 40.4% | 34.6% | 37.5% | 45.1% | 48.2% |
| Research & development | 4.8M | 7.3M | 9.3M | 19M | 22.1M | 21.9M | 25.4M | 30M |
| Selling, general & administrative | 11.5M | 16.4M | 21.8M | 38M | 53.3M | 57.9M | 78M | 95.6M |
| Operating expenses | 16.9M | 24.8M | 33.6M | 63.1M | 84M | 88.2M | 117.4M | 130.6M |
| Operating income | 1.3M | -3.1M | -2.2M | -21.9M | -32.2M | -10.8M | 4.4M | 37.8M |
| Operating margin | 2.75% | -4.85% | -2.82% | -18.4% | -18.6% | -4.6% | 1.39% | 9.44% |
| Non-operating income, net | -3.8M | -1.3M | -2.5M | -462K | -3.3M | -1.1M | -3.8M | 4M |
| Pretax income | -3.7M | -5.6M | -6.1M | -24.1M | -37.1M | -14.7M | -4.4M | 34.6M |
| Income tax | -47K | -143K | -15K | 632K | 451K | 1.2M | 1.2M | -950K |
| Net income | -3.6M | -5.5M | -6.1M | -24.8M | -37.5M | -15.9M | -5.6M | 35.5M |
| Net margin | -7.46% | -8.63% | -7.72% | -20.8% | -21.6% | -6.75% | -1.79% | 8.87% |
| EBITDA | 2.1M | 1.6M | 3.8M | -15.6M | -25.2M | 1K | 26.2M | 68.5M |
| EPS | -0.11 | -0.16 | -0.25 | -0.82 | -1.14 | -0.48 | -0.16 | 0.96 |
| Diluted EPS | -0.11 | -0.16 | -0.25 | -0.82 | -1.14 | -0.48 | -0.16 | 0.96 |
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 | 60.3M | 66.6M | 64M | 78.1M | 83M | 89M | 81.1M | 95.6M | 104.3M | 119.5M | 106.9M | 122.6M |
| Cost of revenue | 37.4M | 40M | 36M | 43.5M | 45M | 48M | 41.2M | 49.4M | 52.9M | 63.9M | 54.6M | 65.1M |
| Gross profit | 23M | 26.6M | 28M | 34.6M | 38M | 41M | 39.9M | 46.2M | 51.4M | 55.5M | 52.3M | 57.4M |
| Gross margin | 38.1% | 39.9% | 43.8% | 44.3% | 45.7% | 46.1% | 49.2% | 48.3% | 49.3% | 46.5% | 48.9% | 46.9% |
| Research & development | 5.3M | 6.5M | 6.3M | 6.4M | 6.9M | 5.7M | 7.2M | 7.7M | 8.8M | 6.3M | 8M | 10.6M |
| Selling, general & administrative | 16.8M | 7.1M | 21.5M | 23.8M | 26.1M | 6.7M | 27.5M | 31.2M | 30M | 6.9M | 36.3M | 48.9M |
| Operating expenses | 22.2M | 13.6M | 27.9M | 30.6M | 32.9M | 25.9M | 28.6M | 33.3M | 39.6M | 29.1M | 44.3M | 60M |
| Operating income | -970K | -1.7M | -2.5M | 1.2M | 1.8M | 3.9M | 8.1M | 9.5M | 7.8M | 12.3M | 4.1M | -6.7M |
| Operating margin | -1.61% | -2.56% | -3.94% | 1.48% | 2.17% | 4.42% | 10% | 9.96% | 7.52% | 10.3% | 3.87% | -5.42% |
| Non-operating income, net | -503K | 146K | -290K | -248K | -347K | -2.9M | -226K | — | — | 4.2M | — | — |
| Pretax income | -2.7M | -2.9M | -5.2M | -2.7M | 1.1M | 2.4M | 7.4M | 12M | 4.6M | 10.6M | 727K | -8.4M |
| Income tax | 384K | 346K | -239K | 321K | 431K | 734K | 246K | 333K | 1M | -2.6M | -553K | 1.7M |
| Net income | -3.1M | -3.3M | -5M | -3M | 692K | 1.6M | 7.2M | 11.7M | 3.5M | 13.2M | 1.3M | -10.1M |
| Net margin | -5.13% | -4.94% | -7.75% | -3.86% | 0.83% | 1.85% | 8.82% | 12.2% | 3.39% | 11% | 1.2% | -8.25% |
| EBITDA | 1.7M | 4.6M | 1.7M | 6M | 7.4M | 13.2M | 15.4M | 21.6M | 16.4M | 25.9M | 14.3M | 5.4M |
| EPS | -0.09 | — | -0.15 | -0.08 | 0.02 | — | 0.2 | 0.32 | 0.1 | — | 0.03 | -0.27 |
| Diluted EPS | -0.09 | — | -0.15 | -0.08 | 0.02 | — | 0.2 | 0.31 | 0.09 | — | 0.03 | -0.27 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 646.5M | 631.5M | 1B | 1.9B | 1.7B |
| Enterprise value | — | — | — | — | 642M | 666.9M | 1B | 1.9B | 1.7B |
| Shares outstanding | 32.5M | 32.5M | 32.5M | 30.2M | 32.8M | 33.1M | 35.8M | 37M | 37M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 52.7 | 214.4 |
| P/S | — | — | — | — | 3.73 | 2.68 | 3.32 | 4.67 | 3.71 |
| P/B | — | — | — | — | 6.18 | 6.47 | 6.31 | 8.1 | 6.9 |
| EV/EBITDA | — | — | — | — | -25.5 | 666.9K | 38.4 | 27.6 | 51.4 |
| EV/Sales | — | — | — | — | 3.7 | 2.83 | 3.2 | 4.72 | 3.85 |
| Earnings yield | — | — | — | — | — | — | — | 1.9% | 0.47% |
| FCF yield | — | — | — | — | -6.69% | -1.57% | 1.72% | 0.65% | -2.22% |
| PEG | — | — | — | — | — | — | — | — | -1.16 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 43.7% | 41.7% | 47.2% | 40.4% | 34.6% | 37.5% | 45.1% | 48.2% | 46.9% |
| Operating margin | 2.75% | -4.85% | -2.82% | -18.4% | -18.6% | -4.6% | 1.39% | 9.44% | -5.43% |
| Net margin | -7.46% | -8.63% | -7.72% | -20.8% | -21.6% | -6.75% | -1.79% | 8.87% | 1.74% |
| ROE | — | -35% | -48.7% | -18.8% | -35.8% | -16.3% | -3.41% | 15.4% | 3.52% |
| ROA | — | -7.9% | -6.56% | -11.5% | -16.3% | -4.91% | -1.3% | 4.17% | 1.41% |
| ROIC | — | -10% | -5.65% | -34.2% | -32.2% | -8.14% | 3.43% | 15.2% | 5.88% |
| Return on tangible assets | — | -19.6% | -16% | -17.6% | -31.2% | -12.1% | -2.85% | 7.53% | 1.08% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 0.89 | 0.88 | 2.22 | 1.37 | 1 | 1.31 | 2.26 | 2.12 |
| Quick ratio | — | 0.79 | 0.79 | 2.11 | 1.15 | 0.9 | 1.22 | 2.16 | 2.03 |
| Debt / equity | — | 1.25 | 2.81 | 0.15 | 0.28 | 0.77 | 0.33 | 1.46 | 1.46 |
| Debt / assets | — | 0.28 | 0.38 | 0.09 | 0.13 | 0.23 | 0.13 | 0.4 | 0.39 |
| Net debt / EBITDA | — | 9.53 | 7.15 | 4.32 | 0.18 | 35.4K | -1.43 | 0.25 | 0.88 |
| Interest coverage | -2.3 | -4.12 | -3.21 | -16.3 | -27 | -4.59 | 0.35 | 3.74 | 1.37 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.5 | 1.96 | 2.42 | 3.95 | 5.29 | 7.1 | 8.78 | 10.8 | 12.2 |
| EPS (basic) | -0.11 | -0.16 | -0.25 | -0.82 | -1.14 | -0.48 | -0.16 | 0.96 | 0.96 |
| EPS (diluted) | -0.11 | -0.16 | -0.25 | -0.82 | -1.14 | -0.48 | -0.16 | 0.96 | 0.21 |
| Book value per share | — | 0.48 | 0.38 | 4.36 | 3.19 | 2.94 | 4.62 | 6.25 | 6.53 |
| FCF per share | -0.09 | -0.25 | -0.04 | -0.72 | -1.32 | -0.3 | 0.5 | 0.33 | -0.18 |
| Cash per share | — | 0.14 | 0.25 | 2.89 | 1.03 | 1.2 | 2.59 | 8.67 | 8.09 |
| Capex per share | 0.02 | 0.08 | 0.07 | 0.09 | 0.05 | 0.02 | 0.09 | 0.62 | 0.73 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.24% | 3.92% | 2.7% | 2.21% | 0.87% | 0.26% | 0.98% | 5.69% | 6.06% |
| Capex / operating cash flow | -26.5% | -13.7% | -82.4% | -8.16% | -2.8% | -1.54% | 25.5% | 56.5% | 96.7% |
| Payout ratio | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Dividend yield | — | — | — | — | 0% | 0% | 0% | 0% | 0% |
| — |
| -$0.82 |
| — |
| — |
| $119.1M |
| — |
| FY20 | — | -$0.25 | — | — | $78.8M | — |
| FY19 | — | -$0.16 | — | — | $63.6M | — |
| FY18 | — | -$0.11 | — | — | $48.7M | — |
| 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 | $60.3M | $66.6M | $64M | $78.1M | $83M | $89M | $81.1M | $95.6M | $104.3M | $119.5M | $106.9M | $122.6M |
| YoY change | +27.7% | +30.8% | +22% | +39% | +37.6% | +33.6% | +26.8% | +22.4% | +25.6% | +34.3% | +31.7% | +28.2% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.7M | 4.4M | 8.3M | 87.4M | 34M | 39.7M | 92.5M | 320.7M |
| Receivables | — | 21.9M | 21.1M | 19.3M | 27.4M | 41.3M | 55.7M | 104M |
| Inventory | — | 4.5M | 5M | 7.7M | 23.8M | 20.6M | 19.8M | 28.6M |
| Total current assets | 2.8M | 40.2M | 54.5M | 156M | 150.5M | 203.4M | 287.7M | 620.2M |
| Property, plant & equipment | — | 3.3M | 4.1M | 4.1M | 3.1M | -259K | 2.9M | 9.4M |
| Goodwill & intangibles | 3M | 41.5M | 54.8M | 75.6M | 110.2M | 192.8M | 235.3M | 381M |
| Total assets | 4.3M | 69.5M | 92.8M | 216M | 230.5M | 323.9M | 432.9M | 852.6M |
| Accounts payable | 112.8K | 7.6M | 11M | 9.1M | 14.6M | 17.5M | 21.1M | 29.4M |
| Short-term debt | 51.2K | 13.7M | 18.6M | 7.5M | 15.1M | 56.1M | 32.2M | 6.7M |
| Total current liabilities | 163.9K | 45.2M | 62.3M | 70.2M | 110.2M | 203.8M | 219.5M | 274.4M |
| Long-term debt | — | 5.8M | 16.6M | 12.5M | 14.4M | 19M | 22.7M | 330.9M |
| Total liabilities | 163.9K | 53.8M | 80.3M | 84.3M | 125.9M | 226.3M | 267.6M | 621.6M |
| Shareholders' equity | 3.7M | 15.7M | 12.5M | 131.7M | 104.6M | 97.6M | 165.2M | 231M |
| Total debt | 51.2K | 19.5M | 35.2M | 20M | 29.5M | 75.1M | 54.9M | 337.6M |
| Net debt | -2.7M | 15.1M | 27M | -67.4M | -4.4M | 36.7M | -28.2M | 18.1M |
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 | — | — | — | — | — | — | — | — | 172.8M | 320.7M | 306.2M | 304.1M |
| Receivables | — | — | — | — | — | — | — | — | 67.4M | 104M | 100.6M | 113.3M |
| Inventory | 19.8M | 20.6M | 20M | 20.3M | 23M | 19.8M | 20.8M | 23.2M | 24M | 28.6M | 28.6M | 30.1M |
| Total current assets | — | — | — | — | — | — | — | — | 439M | 620.2M | 634.7M | 682.7M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 21.6M | 9.4M | 29.7M | 31.5M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | 169.4M | 381M | 193.7M | 201.1M |
| Total assets | — | — | — | — | — | — | — | — | 637.7M | 852.6M | 871.8M | 929.1M |
| Accounts payable | — | — | — | — | — | — | — | — | 21.9M | 29.4M | 22.2M | 27.5M |
| Short-term debt | — | — | — | — | — | — | — | — | 5.8M | 6.7M | 6.6M | 6.7M |
| Total current liabilities | — | — | — | — | — | — | — | — | 256.7M | 274.4M | 295.5M | 321.8M |
| Long-term debt | — | — | — | — | — | — | — | — | 155.8M | 330.9M | 327.6M | 351.7M |
| Total liabilities | — | — | — | — | — | — | — | — | 429.6M | 621.6M | 636.4M | 683.7M |
| Shareholders' equity | 99.3M | 97.6M | 158.2M | 158.7M | 163.3M | 165.2M | 180.8M | 201.5M | 208.1M | 231M | 235.4M | 245.4M |
| Total debt | — | — | — | — | — | — | — | — | 161.6M | 337.6M | 334.3M | 358.4M |
| Net debt | — | — | — | — | — | — | — | — | -5.7M | 18.1M | 29.5M | 55.6M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -3.6M | -5.5M | -6.1M | -24.8M | -37.5M | -15.9M | -5.6M | 35.5M |
| Depreciation & amortization | 2.9M | 4.8M | 5.9M | 7.2M | 9M | 12.5M | 21.4M | 25.5M |
| Stock-based compensation | 0 | 1.4M | 3M | 8.8M | 8.7M | 6M | 7.2M | 7.3M |
| Change in working capital | -7M | -20.4M | -8.6M | -23.9M | -38.7M | -42.8M | -18.4M | -73.9M |
| Operating cash flow | -2.3M | -18.2M | -2.6M | -32.3M | -54.2M | -39.7M | 12.1M | 40.3M |
| Capital expenditure | -606K | -2.5M | -2.1M | -2.6M | -1.5M | -611K | -3.1M | -22.8M |
| Investing cash flow | -901K | -3.8M | -2.9M | -16.2M | -12.4M | -20.4M | -27.1M | -79.4M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — |
| Financing cash flow | 10.7M | 5M | 7.1M | 114.1M | 5.6M | 32M | 51.4M | 268.1M |
| Net change in cash | 7.5M | -17M | 1.7M | 65.5M | -61M | -28.1M | 36.4M | 229M |
| Free cash flow | -2.9M | -8.1M | -1.4M | -21.9M | -43.3M | -9.9M | 17.9M | 12.2M |
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 | 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 | -3.1M | -3.3M | -5M | -3M | 692K | 1.6M | 7.2M | 11.7M | 3.5M | 13.2M | 1.3M | -10.1M |
| Depreciation & amortization | 3.2M | 3.5M | 4.5M | 5M | 5.9M | 5.9M | 5.7M | 6M | 6.8M | 6.9M | 7.2M | 7.6M |
| Stock-based compensation | 1.3M | 1.8M | 1.5M | 1.5M | 3M | 1.2M | 1.8M | 2.5M | 2.6M | 448K | 2.3M | 12.4M |
| Change in working capital | -2.5M | -10.4M | -30.6M | -2.9M | -8.5M | 23.7M | -36.6M | -36.1M | 2.4M | -3.5M | -37.7M | -31.9M |
| Operating cash flow | -1.4M | -6.6M | -28.9M | 2.3M | 2.1M | 36.6M | -24.2M | 12.9M | 10.5M | 15.6M | 3.6M | -1.3M |
| Capital expenditure | -67K | -270K | -160K | -849K | -776K | -1.3M | -796K | -6.3M | -4.5M | -5.7M | -7.8M | -9.4M |
| Investing cash flow | -142K | -18.2M | -23.7M | -15.7M | -1.1M | 13.4M | -3.1M | -23.1M | -11.4M | -36.5M | -10.6M | -11.5M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 7.6M | 17.5M | 58.2M | 3.8M | -7.2M | -3.5M | 99.7M | -2.3M | -1.6M | 171.2M | -1.7M | -1.8M |
| Net change in cash | 6.1M | -7.2M | 5.6M | -9.6M | -6.2M | 46.5M | 72.5M | -12.5M | -2.5M | 150.4M | -8.8M | -14.6M |
| Free cash flow | 661K | -1.5M | -4.4M | 2.9M | 10.1M | 9.3M | -5.7M | 5.6M | 3.9M | 8.5M | -6M | -13.1M |