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 | -$0.95 | -$0.95 | 0.0% | — | $240.1M | — |
| Q1 26 | -$0.9 | -$0.37 | +58.9% | — | $228.3M | — |
| Q4 25 | -$0.42 | -$0.02 | +95.2% | — | $233.8M | — |
| Q3 25 | -$0.49 | -$2 | -308.2% | — | $222.8M | — |
| Q2 25 | -$0.62 | -$1.77 | -185.5% | — | $208.4M | — |
| Q1 25 | -$0.81 | -$0.42 | +48.1% | — | $197.5M | — |
| Q4 24 | -$1.47 | -$0.77 | +47.6% | — | $214.3M | — |
| Q3 24 | -$1.2 | -$0.89 | +25.8% | — | $208M | — |
| Q2 24 | -$1.47 | -$0.63 | +57.1% | — | $202.2M | — |
| Q1 24 | -$1.67 | -$1.55 | +7.2% | — | $199.2M | — |
| Q4 23 | -$2.65 | -$3.18 | -20.0% | — | $204.1M | — |
| Q3 23 | -$2.45 | $1.12 | +145.7% | — | $187.6M | — |
| Q2 23 | -$2.42 | -$2.65 | -9.5% | — | $196M | — |
| Q1 23 | -$2.43 | -$2.5 | -2.9% | — | $195.6M | — |
| Q4 22 | -$2.85 | -$2.78 | +2.5% | — | $195.1M | — |
| Q3 22 | -$2.14 | -$3.61 | -68.7% | — | $183M | — |
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 | — | -$5 | — | — | $862.5M | — |
| FY24 | — | -$6.8 | — | — | $823.7M | — |
| FY23 | — | -$0.7 | — | — | $783.3M | — |
| FY22 | — | -$0.66 | — | — | $722.2M | — |
| FY21 | — | -$0.39 |
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 | $204M | $421.4M | $643.2M | $722.2M | $783.3M | $823.7M | $862.5M |
| YoY change | — | +106.5% | +52.6% | +12.3% | +8.46% | +5.15% | +4.71% |
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 | 204M | 421.4M | 643.2M | 722.2M | 783.3M | 823.7M | 862.5M |
| Cost of revenue | 137.5M | 292.1M | 488.2M | 642.2M | 631.3M | 587.2M | 585.4M |
| Gross profit | 66.6M | 129.2M | 155M | 80M | 152.1M | 236.5M | 277.1M |
| Gross margin | 32.6% | 30.7% | 24.1% | 11.1% | 19.4% | 28.7% | 32.1% |
| Research & development | 4.3M | 6.8M | 16.8M | 22.3M | 21M | 30.1M | 18.6M |
| Selling, general & administrative | 93.4M | 167.8M | 353.9M | 412.8M | 373.4M | 324.7M | 320.6M |
| Operating expenses | 97.3M | 176.3M | 369.4M | 433.9M | 424.3M | 353.8M | 337.9M |
| Operating income | -30.8M | -47.1M | -214.4M | -353.9M | -272.2M | -117.3M | -60.8M |
| Operating margin | -15.1% | -11.2% | -33.3% | -49% | -34.7% | -14.2% | -7.05% |
| Non-operating income, net | -1M | 1.4M | 13.1M | -31.1M | -79.9M | -23.3M | -4.9M |
| Pretax income | -34.4M | -58M | -215M | -397.4M | -408.2M | -198.6M | -144.9M |
| Income tax | 1.3M | 2.4M | -2.7M | -4.8M | 8.9M | 3.7M | 8.2M |
| Net income | -35.6M | -60.4M | -212.4M | -392.6M | -417.1M | -202.3M | -153.1M |
| Net margin | -17.5% | -14.3% | -33% | -54.4% | -53.2% | -24.6% | -17.8% |
| EBITDA | -22.8M | -34.3M | -185.9M | -304.1M | -227.2M | -62.9M | -29.7M |
| EPS | -0.06 | -0.1 | -0.39 | -0.66 | -0.7 | -6.8 | -5 |
| Diluted EPS | -0.06 | -0.1 | -0.39 | -0.66 | -0.7 | -6.8 | -5 |
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 | 187.6M | 204.1M | 199.2M | 202.2M | 208M | 214.3M | 197.5M | 208.4M | 222.8M | 233.8M | 228.3M | 240.1M |
| Cost of revenue | 155M | 156.3M | 145.3M | 143.2M | 146M | 152.7M | 135.2M | 140.7M | 156.4M | 153M | 152M | 158.7M |
| Gross profit | 32.6M | 47.8M | 53.9M | 59M | 62M | 61.6M | 62.3M | 67.6M | 66.3M | 80.8M | 76.3M | 81.4M |
| Gross margin | 17.4% | 23.4% | 27.1% | 29.2% | 29.8% | 28.8% | 31.6% | 32.5% | 29.8% | 34.5% | 33.4% | 33.9% |
| Research & development | 4.7M | 5.3M | 4.6M | 10.9M | 10.9M | 3.7M | 4.4M | 4.6M | 4.5M | 5.1M | 4.9M | 4.6M |
| Selling, general & administrative | 87.1M | 80.7M | 78.7M | 84.3M | 79.7M | 82M | 77.5M | 84.1M | 75.1M | 83.9M | 83.5M | 94.7M |
| Operating expenses | 99.9M | 105.6M | 82.3M | 98M | 91M | 82.5M | 80.9M | 88.3M | 79.8M | 88M | 87.7M | 98.7M |
| Operating income | -67.3M | -57.8M | -28.4M | -39.1M | -29M | -20.9M | -18.6M | -20.7M | -13.4M | -7.3M | -11.3M | -17.3M |
| Operating margin | -35.9% | -28.3% | -14.3% | -19.3% | -13.9% | -9.74% | -9.41% | -9.94% | -6.03% | -3.12% | -4.97% | -7.21% |
| Non-operating income, net | 124.2M | -224.6M | — | 23.9M | — | — | 22.1M | -18.3M | -2.9M | 4.3M | 13.3M | 1.1M |
| Pretax income | 45.5M | -293.1M | -45.8M | -28.7M | -33.2M | -90.9M | -9.2M | -54M | -64.5M | -17.2M | -12.3M | -30.7M |
| Income tax | 1.5M | 5.7M | 54K | 1.8M | 1.4M | 505K | 3.4M | 1.9M | 923K | 2M | -124K | 631K |
| Net income | 44M | -298.8M | -45.8M | -30.4M | -34.6M | -91.4M | -12.5M | -55.9M | -65.4M | -19.2M | -12.1M | -31.3M |
| Net margin | 23.5% | -146.4% | -23% | -15.1% | -16.6% | -42.6% | -6.34% | -26.9% | -29.4% | -8.23% | -5.31% | -13.1% |
| EBITDA | -54.8M | -130M | -20.5M | -26.8M | -16.2M | -27.7M | -6.5M | -7.5M | -33.1M | 6M | 1.7M | -4.4M |
| EPS | 0.07 | -0.5 | -1.6 | -1 | -1.2 | -3 | -0.4 | -1.8 | -2.2 | -0.6 | -0.4 | -1 |
| Diluted EPS | 0.07 | -0.5 | -1.6 | -1 | -1.2 | -3 | -0.6 | -1.8 | -2.2 | -0.6 | -0.4 | -1 |
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 | — | — | 87.4B | 20.6B | 14B | — | 324.7M | 370.3M |
| Enterprise value | — | — | 87B | 20.7B | 14.3B | — | 820.6M | 883.2M |
| Shares outstanding | 591.8M | 591.8M | 549.1M | 592M | 593.6M | 29.8M | 30.4M | 30.4M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -2.38 |
| P/S | — | — | 135.9 | 28.5 | 17.9 | — | 0.38 | 0.4 |
| P/B | — | — | 70.2 | 26 | 41.7 | — | 16.5 | -15.9 |
| EV/EBITDA | — | — | -468 | -68 | -62.9 | — | -27.6 | -64.7 |
| EV/Sales | — | — | 135.3 | 28.6 | 18.2 | — | 0.95 | 0.95 |
| Earnings yield | — | — | — | — | — | — | — | -42.1% |
| FCF yield | — | — | -0.57% | -2.31% | -1.68% | — | -12% | -0.92% |
| PEG | — | — | — | — | — | — | — | 0.05 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 32.6% | 30.7% | 24.1% | 11.1% | 19.4% | 28.7% | 32.1% | 33.9% |
| Operating margin | -15.1% | -11.2% | -33.3% | -49% | -34.7% | -14.2% | -7.05% | -7.48% |
| Net margin | -17.5% | -14.3% | -33% | -54.4% | -53.2% | -24.6% | -17.8% | -13.8% |
| ROE | -19% | -18.5% | -17.1% | -49.6% | -124.2% | -190.6% | -778.4% | -349.9% |
| ROA | -10.2% | -8.89% | -13% | -32% | -37.3% | -25.2% | -19.5% | -3.98% |
| ROIC | -11% | -10.4% | -25.3% | -41.1% | -43.9% | -23.5% | -11.8% | -10.3% |
| Return on tangible assets | -40.4% | -16.5% | -15.9% | -40.5% | -48.7% | -35.4% | -29.9% | -26.5% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.98 | 1.05 | 3.32 | 1.41 | 0.83 | 0.56 | 0.48 | 0.43 |
| Quick ratio | 0.69 | 0.88 | 2.92 | 1.08 | 0.71 | 0.44 | 0.35 | 0.3 |
| Debt / equity | 0.55 | 0.72 | 0.12 | 0.19 | 1.59 | 4.63 | 28.5 | -0.23 |
| Debt / assets | 0.29 | 0.34 | 0.09 | 0.12 | 0.48 | 0.61 | 0.71 | 0.74 |
| Net debt / EBITDA | -4.04 | -3.73 | 2.13 | -0.23 | -1.25 | -6.24 | -16.7 | -16.9 |
| Interest coverage | -12.8 | -3.88 | -13.4 | -27.5 | -7.27 | -2.18 | -1.35 | -1.07 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.34 | 0.71 | 1.17 | 1.22 | 1.32 | 27.6 | 28.4 | 29.8 |
| EPS (basic) | -0.06 | -0.1 | -0.39 | -0.66 | -0.7 | -6.8 | -5 | -5 |
| EPS (diluted) | -0.06 | -0.1 | -0.39 | -0.66 | -0.7 | -6.8 | -5 | -4.2 |
| Book value per share | 0.32 | 0.55 | 2.27 | 1.34 | 0.57 | 3.56 | 0.65 | -0.77 |
| FCF per share | -0.16 | -0.31 | -0.9 | -0.8 | -0.4 | -5.21 | -1.28 | -0.81 |
| Cash per share | 0.02 | 0.18 | 0.99 | 0.14 | 0.42 | 3.31 | 2.12 | 1.4 |
| Capex per share | 0.09 | 0.23 | 0.5 | 0.34 | 0.11 | 0.27 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 26.3% | 31.9% | 42.6% | 27.9% | 8.44% | 0.96% | — | — |
| Capex / operating cash flow | -143.4% | -350.8% | -128% | -61.4% | -18.1% | -7.78% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $643.2M |
| — |
| FY20 | — | -$0.1 | — | — | $421.4M | — |
| FY19 | — | -$0.06 | — | — | $204M | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $187.6M | $204.1M | $199.2M | $202.2M | $208M | $214.3M | $197.5M | $208.4M | $222.8M | $233.8M | $228.3M | $240.1M |
| YoY change | +2.5% | +4.64% | +1.79% | +3.17% | +10.9% | +4.99% | -0.82% | +3.05% | +7.11% | +9.08% | +15.6% | +15.2% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 10.6M | 105.4M | 545.5M | 82.6M | 249.3M | 98.9M | 64.3M |
| Receivables | 44M | 71.3M | 105.5M | 101M | 113M | 103.4M | 103.5M |
| Inventory | 28.8M | 39.1M | 95.7M | 114.5M | 67.9M | 65.6M | 68.5M |
| Total current assets | 94.9M | 240.2M | 807.1M | 482.3M | 483.4M | 299.1M | 265.2M |
| Property, plant & equipment | 120M | 275.7M | 668.1M | 601.5M | 448.7M | 339.8M | 332.6M |
| Goodwill & intangibles | 261M | 312.9M | 291.9M | 255.4M | 260.7M | 232.4M | 275.5M |
| Total assets | 349.2M | 678.9M | 1.6B | 1.2B | 1.1B | 804M | 787.2M |
| Accounts payable | 30M | 45.3M | 93M | 82.5M | 64.4M | 60.2M | 66.5M |
| Short-term debt | 38.3M | 117.9M | 22.7M | 66.7M | 346M | 343.5M | 352.7M |
| Total current liabilities | 96.4M | 228.6M | 243.4M | 341.9M | 583.7M | 535.1M | 557.3M |
| Long-term debt | 64.3M | 115.5M | 126.5M | 85M | 186.8M | 147.9M | 207.5M |
| Total liabilities | 161.4M | 352.8M | 383.6M | 434.1M | 781.2M | 697.9M | 767.5M |
| Shareholders' equity | 187.8M | 326.1M | 1.2B | 791.1M | 335.8M | 106.1M | 19.7M |
| Total debt | 102.6M | 233.4M | 149.2M | 151.7M | 532.8M | 491.5M | 560.2M |
| Net debt | 92M | 128.1M | -146.4M | 69.1M | 283.5M | 392.5M | 495.9M |
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 | 283.2M | 249.3M | 209M | 142.7M | 119.3M | 98.9M | 74.4M | 67.9M | 58.9M | 64.3M | 49.4M | 44.6M |
| Receivables | 99.7M | 113M | 107.8M | 103.7M | 102.2M | 103.4M | 94.6M | 102.6M | 95.7M | 103.5M | 96.2M | 96.3M |
| Inventory | 83.5M | 67.9M | 76.8M | 79.8M | 81.8M | 65.6M | 64.8M | 65.9M | 63.8M | 68.5M | 76.8M | 73.2M |
| Total current assets | 517.6M | 483.4M | 431.5M | 361.3M | 332.4M | 299.1M | 271.1M | 271.5M | 258.4M | 265.2M | 252.6M | 245.2M |
| Property, plant & equipment | 1.2B | 448.7M | 429.7M | 799M | 408.4M | 339.8M | 693M | 696.2M | 340.1M | 332.6M | 319.3M | 630.2M |
| Goodwill & intangibles | 242.3M | 260.7M | 121.9M | 242.4M | 127.1M | 232.4M | 253.7M | 267.3M | 134.4M | 275.5M | 264M | 260.2M |
| Total assets | 1.3B | 1.1B | 1B | 931.9M | 920.8M | 804M | 793M | 803.1M | 779.6M | 787.2M | 757.2M | 744M |
| Accounts payable | 59.4M | 64.4M | 46.3M | 47.2M | 57.3M | 60.2M | 52.1M | 64.7M | 70.9M | 66.5M | 68.5M | 74.6M |
| Short-term debt | 306.5M | 346M | 354.6M | 336.8M | 340.2M | 343.5M | 329.7M | 347.4M | 404.2M | 352.7M | 349.6M | 356.4M |
| Total current liabilities | 511.5M | 583.7M | 578.7M | 531.2M | 536.7M | 535.1M | 513M | 551.8M | 610.4M | 557.3M | 555.3M | 574.9M |
| Long-term debt | 199.3M | 186.8M | 184.3M | 153.2M | 151.2M | 147.9M | 146.2M | 145.3M | 143.3M | 207.5M | 197.4M | 192.6M |
| Total liabilities | 716.7M | 781.2M | 764.5M | 686M | 689.6M | 697.9M | 671.1M | 706.3M | 759.7M | 767.5M | 752.7M | 767.5M |
| Shareholders' equity | 591.2M | 335.8M | 273.3M | 245.8M | 231.2M | 106.1M | 121.9M | 96.7M | 19.9M | 19.7M | 4.5M | -23.5M |
| Total debt | 505.7M | 532.8M | 538.9M | 490M | 491.4M | 491.5M | 475.9M | 492.6M | 547.6M | 560.2M | 547M | 549.1M |
| Net debt | 222.6M | 283.5M | 329.8M | 347.2M | 372.1M | 392.5M | 401.5M | 424.7M | 488.7M | 495.9M | 497.6M | 504.4M |
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 | -35.6M | -60.4M | -212.4M | -392.6M | -417.1M | -202.3M | -153.1M |
| Depreciation & amortization | 8.1M | 13.1M | 27.2M | 48.3M | 51.7M | 50M | 48.6M |
| Stock-based compensation | 1.9M | 1M | 23.6M | 35.5M | 21.4M | 13.6M | 13.3M |
| Change in working capital | -16.7M | -5.4M | -50.8M | -16.2M | 18.2M | -5M | 10.1M |
| Operating cash flow | -37.3M | -38.3M | -213.8M | -328.6M | -365.7M | -102.1M | -23.7M |
| Capital expenditure | -53.6M | -134.3M | -273.8M | -201.7M | -66.1M | -7.9M | — |
| Investing cash flow | -61.7M | -133.9M | -536.5M | 39.3M | -23.7M | -7.2M | -865K |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 94.8M | 294.4M | 822.4M | 35.9M | 355M | -27.3M | 1.1M |
| Net change in cash | -4.3M | 122.2M | 72.1M | -253.4M | -34.4M | -136.5M | -23.5M |
| Free cash flow | -95.7M | -186M | -495.4M | -475.1M | -234.7M | -155.6M | -39M |
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 | 44M | -298.8M | -45.8M | -30.4M | -34.6M | -91.4M | -12.5M | -55.9M | -65.4M | -19.2M | -12.1M | -31.3M |
| Depreciation & amortization | 12.6M | 14.4M | 13M | 12.3M | 12.7M | 11.9M | 11.2M | 12.3M | 12.3M | 12.8M | 12.9M | 12.6M |
| Stock-based compensation | 6.3M | 4.7M | 2.6M | 4.2M | 3.3M | 3.5M | 3.6M | 3.5M | 3.1M | 3.1M | 2.9M | 3.5M |
| Change in working capital | 541K | 10.9M | -19.2M | 11.2M | 2.3M | 725K | -1.3M | 12.4M | 8.7M | -9.6M | 2.7M | 12.7M |
| Operating cash flow | -47.1M | -212.6M | -32M | -8.4M | -10.7M | -51M | -5.2M | 6M | -2.4M | -6.4M | -5.2M | 3.6M |
| Capital expenditure | -10.1M | -16.5M | 8.3M | -7.5M | -3.8M | -4.9M | -6.7M | -3M | — | — | — | — |
| Investing cash flow | -10.1M | -16.5M | 8.3M | -7.5M | -3.9M | -4.9M | -6.4M | -2.9M | 6K | 34K | -41K | -31K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -5.3M | -7M | -9.4M | -10.8M | -4M | -3.1M | -5.1M | -3.1M | -4.2M | -170.3M | -2.8M | -3.7M |
| Net change in cash | -62.5M | -236.1M | -33.1M | -26.7M | -18.6M | -59M | -16.6M | -74K | -6.6M | -176.6M | -8.1M | -58K |
| Free cash flow | -49.3M | -31.2M | -45.3M | -61.2M | -26.7M | -22.5M | -20.5M | -5.2M | -5.4M | -7.8M | -11.7M | -592K |