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 | $0.06 | $0.03 | -50.0% | — | $222.2M | — |
| Q4 25 | $0.07 | $0.09 | +28.6% | — | $218.9M | — |
| Q3 25 | $0.07 | $0.06 | -14.3% | — | $211.3M | — |
| Q2 25 | $0.08 | $0.09 | +12.5% | — | — | — |
| Q1 25 | $0.09 | $0.1 | +11.1% | — | — | — |
| Q4 24 | $0.08 | $0.05 | -37.5% | — | — | — |
| Q3 24 | $0.07 | $0.16 | +128.6% | — | — | — |
| Q2 24 | $0.06 | $0.09 | +50.0% | — | — | — |
| Q1 24 | $0.06 | $0.08 | +33.3% | — | — | — |
| Q4 23 | $0.06 | $0.05 | -16.7% | — | — | — |
| Q3 23 | $0.06 | $0.05 | -16.7% | — | — | — |
| Q2 23 | $0.04 | $0.09 | +125.0% | — | $206.7M | — |
| Q1 23 | $0.05 | $0.02 | -60.0% | — | $192M | — |
| Q4 22 | -$0.05 | -$0.03 | +40.0% | — | $183.6M | — |
| Q3 22 | -$0.02 | -$0.08 | -300.0% | — | $158.9M | — |
| Q2 22 | -$0.06 | $0.01 | +116.7% | — | $148.2M | — |
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 | — | $0.2 | — | — | $821.2M | — |
| FY24 | — | $0.34 | — | — | $720.9M | — |
| FY23 | — | $0.26 | — | — | $831.1M | — |
| FY22 | — | -$0.03 | — | — | $627.6M | — |
| 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 | $260.1M | $317.8M | $345.6M | $473.4M | $627.6M | $831.1M | $720.9M | $821.2M |
| YoY change | — | +22.1% | +8.76% | +37% | +32.6% | +32.4% | -13.3% | +13.9% |
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 | 260.1M | 317.8M | 345.6M | 473.4M | 627.6M | 831.1M | 720.9M | 821.2M |
| Cost of revenue | 81.4M | 94.7M | 97M | 101.5M | 110.2M | 122.3M | 152.1M | — |
| Gross profit | 178.8M | 223.1M | 248.6M | 371.9M | 517.5M | 708.8M | 568.8M | — |
| Gross margin | 68.7% | 70.2% | 71.9% | 78.6% | 82.4% | 85.3% | 78.9% | — |
| Research & development | 29.4M | 34.8M | 52.3M | 80.8M | 115M | 119.2M | 134.6M | 155.4M |
| Selling, general & administrative | 74.6M | 92M | 114.5M | 178.7M | 254.6M | 297.6M | 325.1M | 376.6M |
| Operating expenses | 172.8M | 209.1M | 248.8M | 384.1M | 518.8M | 577.4M | 629.3M | 862.5M |
| Operating income | -1.9M | 3.6M | -17.3M | -30.2M | -22.2M | 103.6M | -107.8M | -106.9M |
| Operating margin | -0.74% | 1.15% | -5% | -6.38% | -3.54% | 12.5% | -15% | -13% |
| Non-operating income, net | — | — | — | 11.8M | 34M | 17.4M | -12M | — |
| Pretax income | -4.1M | 4.2M | -15.3M | -25.2M | 1.6M | 132.5M | 139.5M | 115.6M |
| Income tax | 3.1M | 4.7M | 8.3M | 8.7M | 13.6M | 39.2M | 18.3M | 42.4M |
| Net income | -7.2M | -625K | -23.7M | -34M | -12M | 93.3M | 121.2M | 73.2M |
| Net margin | -2.76% | -0.2% | -6.87% | -7.18% | -1.91% | 11.2% | 16.8% | 8.91% |
| EBITDA | 5.9M | 14M | -200K | -24M | -35.3M | 114.1M | -48.5M | 190.3M |
| EPS | -0.02 | -0 | -0.07 | -0.33 | -0.03 | 0.26 | 0.34 | 0.2 |
| Diluted EPS | -0.02 | -0 | -0.07 | -0.33 | -0.03 | 0.24 | 0.31 | 0.19 |
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 | — | — | — | — | — | — | — | — | 211.3M | 218.9M | 210.1M | 222.2M |
| Cost of revenue | — | — | — | — | — | — | — | — | 42.5M | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | 168.8M | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | 79.9% | — | — | — |
| Research & development | 26.9M | 35M | 32.1M | 27.6M | 34.6M | 40.4M | 37.3M | 37.4M | 39.9M | 40.9M | 43.3M | 47M |
| Selling, general & administrative | — | — | — | — | — | — | — | — | 95.6M | 102M | 94.1M | 110.2M |
| Operating expenses | 26.9M | 35M | 32.1M | 27.6M | 34.6M | 40.4M | 37.3M | 37.4M | 218.4M | 226.2M | 212.7M | 236.1M |
| Operating income | — | — | — | — | — | — | — | — | -23.2M | -26.9M | -21.5M | -35.2M |
| Operating margin | — | — | — | — | — | — | — | — | -11% | -12.3% | -10.2% | -15.8% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | — | — | — | — | — | — | — | — | 30.5M | 27.5M | 29.2M | 6.3M |
| Income tax | — | — | — | — | — | — | — | — | 16.4M | 8.4M | 9.6M | 8.7M |
| Net income | — | — | — | — | — | — | — | — | 14.1M | 19M | 19.6M | -2.4M |
| Net margin | — | — | — | — | — | — | — | — | 6.68% | 8.68% | 9.32% | -1.1% |
| EBITDA | — | — | — | — | — | — | — | — | 52.5M | 48.5M | 48.9M | 38.2M |
| EPS | 0.04 | 0.08 | 0.08 | 0.09 | 0.12 | — | 0.06 | 0.05 | 0.04 | — | 0.06 | -0.01 |
| Diluted EPS | 0.03 | 0.07 | 0.08 | 0.09 | 0.11 | — | 0.05 | 0.05 | 0.04 | — | 0.06 | -0.01 |
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 | — | — | 3.5B | — | — | 1.9B | 3.6B | 2B | 2.4B |
| Enterprise value | — | — | 3.4B | — | — | 1.3B | 3.1B | 1.7B | 2.2B |
| Shares outstanding | 338.4M | 338.4M | 338.4M | 202.9M | 348M | 361.7M | 358.3M | 361.2M | 361.2M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 20.2 | 29.7 | 27.7 | 51.2 |
| P/S | — | — | 10.1 | — | — | 2.27 | 4.99 | 2.47 | 2.25 |
| P/B | — | — | 143.4 | — | — | 2.84 | 4.96 | 2.88 | 3.72 |
| EV/EBITDA | — | — | -17.1K | — | — | 11.5 | -64.3 | 8.86 | 11.1 |
| EV/Sales | — | — | 9.9 | — | — | 1.58 | 4.33 | 2.05 | 2.01 |
| Earnings yield | — | — | — | — | — | 4.95% | 3.37% | 3.61% | 1.95% |
| FCF yield | — | — | -0.13% | — | — | 5.93% | 3.24% | 7.18% | -2.86% |
| PEG | — | — | — | — | — | — | — | — | -0.43 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 68.7% | 70.2% | 71.9% | 78.6% | 82.4% | 85.3% | 78.9% | — | — |
| Operating margin | -0.74% | 1.15% | -5% | -6.38% | -3.54% | 12.5% | -15% | -13% | 6.17% |
| Net margin | -2.76% | -0.2% | -6.87% | -7.18% | -1.91% | 11.2% | 16.8% | 8.91% | 4.65% |
| ROE | — | 11.7% | -97.7% | -6.98% | -2.2% | 14.1% | 16.7% | 10.4% | 7.06% |
| ROA | — | -0.03% | -0.65% | -0.67% | -0.18% | 1.28% | 1.53% | 0.82% | 0.91% |
| ROIC | — | 0% | 44.7% | -68.5% | 0% | 80.5% | -37.7% | -18.7% | -14.6% |
| Return on tangible assets | — | -0.03% | -0.67% | -0.69% | -0.19% | 1.32% | 1.6% | 0.87% | 0.62% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.09 | 1.04 | 1.1 | 1.08 | 1.09 | 1 | 1 | 1 |
| Quick ratio | — | 1.09 | 1.04 | 1.1 | 1.08 | 1.09 | 1 | 1 | 1 |
| Debt / equity | — | -11.2 | 1.65 | 0.05 | 0.06 | 0.07 | 0.03 | 0.1 | 0.13 |
| Debt / assets | — | 0.03 | 0.01 | 0 | 0 | 0.01 | 0 | 0.01 | 0.01 |
| Net debt / EBITDA | — | -3.93 | 314.8 | 18.4 | 14.5 | -5.03 | 9.81 | -1.8 | -1.38 |
| Interest coverage | — | — | — | — | — | — | — | 13.7 | 5.99 |
| Effective tax rate | 0% | 100% | 0% | 0% | 100% | 29.6% | 13.1% | 36.7% | 46.2% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.77 | 0.94 | 1.02 | 2.33 | 1.8 | 2.3 | 2.01 | 2.27 | 3.11 |
| EPS (basic) | -0.02 | -0 | -0.07 | -0.33 | -0.03 | 0.26 | 0.34 | 0.2 | 0.2 |
| EPS (diluted) | -0.02 | -0 | -0.07 | -0.33 | -0.03 | 0.24 | 0.31 | 0.19 | 0.14 |
| Book value per share | — | -0.02 | 0.07 | 2.4 | 1.57 | 1.84 | 2.02 | 1.95 | 1.93 |
| FCF per share | -0.05 | -0.09 | -0.01 | -0 | 0.16 | 0.31 | 0.33 | 0.4 | 0.34 |
| Cash per share | — | 0.34 | 0.3 | 2.3 | 1.56 | 1.71 | 1.39 | 1.15 | 1.02 |
| Capex per share | 0.01 | 0.03 | 0.01 | 0.03 | 0.03 | 0.02 | 0.02 | 0.17 | 0.19 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.74% | 2.88% | 1.44% | 1.46% | 1.67% | 1.02% | 1.14% | 7.41% | 7.61% |
| Capex / operating cash flow | 46.3% | 6.3% | 1.91% | 1.94% | 3.26% | 1.81% | 1.69% | 26.1% | 29.5% |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |
| — |
| -$0.33 |
| — |
| — |
| $473.4M |
| — |
| FY20 | — | -$0.07 | — | — | $345.6M | — |
| FY19 | — | -$0 | — | — | $317.8M | — |
| FY18 | — | -$0.02 | — | — | $260.1M | — |
| 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 | — | — | — | — | — | — | — | — | $211.3M | $218.9M | $210.1M | $222.2M |
| YoY change | — | — | — | — | — | — | — | — | — | — | — | — |
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 | 114.9M | 103M | 465.9M | 543.3M | 617M | 497.5M | 415.5M |
| Receivables | 13.4M | 17.8M | 13.8M | 12.9M | 8M | 11.9M | 10.4M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 1.9B | 3.6B | 5B | 6.5B | 7.1B | 7.1B | 8.1B |
| Property, plant & equipment | 14.3M | 12.7M | 25.1M | 29.7M | 40.4M | 35.5M | 94.7M |
| Goodwill & intangibles | 32.4M | 113.9M | 117.3M | 130.7M | 192.3M | 360.4M | 571.7M |
| Total assets | 2B | 3.7B | 5.1B | 6.6B | 7.3B | 7.9B | 9B |
| Accounts payable | 13.9M | 17.2M | 17.2M | 41.6M | 33.9M | 37.3M | 44.6M |
| Short-term debt | — | 13.5M | 9.3M | 8.4M | 7.2M | 5.7M | 7.2M |
| Total current liabilities | 1.7B | 3.4B | 4.5B | 6B | 6.5B | 7.1B | 8.1B |
| Long-term debt | 60M | 26.5M | 13.7M | 22.7M | 36.2M | 15.6M | 65.1M |
| Total liabilities | 2B | 3.6B | 4.6B | 6B | 6.6B | 7.2B | 8.3B |
| Shareholders' equity | -5.4M | 24.3M | 487.1M | 545.3M | 664.3M | 724.8M | 704.4M |
| Total debt | 60M | 40M | 23M | 31M | 43.4M | 21.4M | 72.3M |
| Net debt | -54.9M | -63M | -443M | -512.3M | -573.6M | -476.1M | -343.2M |
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 | 590.6M | 617M | 587.2M | 575.7M | 534.2M | 497.5M | 524.1M | 497.1M | 479.4M | 415.5M | 339.4M | 346.3M |
| Receivables | 6M | 8M | 7.2M | 6.6M | 13.5M | 11.9M | 9.4M | 13.9M | 14.4M | 10.4M | 12.6M | 13.3M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 6.1B | 7.1B | 6.6B | 6.7B | 6.2B | 7.1B | 6.7B | 7.2B | 7.4B | 8.1B | 7.7B | 8B |
| Property, plant & equipment | 26.1M | 40.4M | 37.5M | 37.6M | 36.1M | 35.5M | 37.1M | 62.7M | 69.3M | 94.7M | 103.5M | 108.1M |
| Goodwill & intangibles | 181.5M | 192.3M | 205.1M | 217M | 352M | 360.4M | 364.9M | 563.5M | 567.4M | 571.7M | 601.3M | 603.1M |
| Total assets | 6.2B | 7.3B | 6.8B | 6.9B | 7.1B | 7.9B | 7.6B | 8.1B | 8.2B | 9B | 8.6B | 8.8B |
| Accounts payable | 35.6M | 33.9M | 35.3M | 39M | 45.1M | 37.3M | 32.9M | 42.4M | 39.7M | 44.6M | 41.8M | 50.8M |
| Short-term debt | 7.7M | 7.2M | 6.4M | 21.9M | 20M | 5.7M | 7.2M | 6.6M | 6.6M | 7.2M | 6.9M | 10.4M |
| Total current liabilities | 5.5B | 6.5B | 6.1B | 6.2B | 6.3B | 7.1B | 6.7B | 7.2B | 7.3B | 8.1B | 7.8B | 7.9B |
| Long-term debt | 19.8M | 36.2M | 31M | 16.9M | 16.5M | 15.6M | 14.7M | 39.3M | 47.9M | 65.1M | 73.2M | 75.8M |
| Total liabilities | 5.6B | 6.6B | 6.1B | 6.3B | 6.3B | 7.2B | 6.8B | 7.3B | 7.5B | 8.3B | 7.9B | 8.1B |
| Shareholders' equity | 638M | 664.3M | 661.5M | 669.4M | 727.9M | 724.8M | 750.7M | 770.9M | 750.5M | 704.4M | 659.1M | 653.5M |
| Total debt | 27.6M | 43.4M | 37.4M | 38.8M | 36.5M | 21.4M | 21.9M | 45.9M | 54.4M | 72.3M | 80M | 86.2M |
| Net debt | -563M | -573.6M | -549.8M | -537M | -497.7M | -476.1M | -502.3M | -451.3M | -425M | -343.2M | -259.3M | -260.2M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -7.2M | -625K | -23.7M | -34M | -12M | 93.3M | 121.2M | 73.2M |
| Depreciation & amortization | 7.9M | 10.3M | 17.1M | 18M | 20.9M | 27.8M | 45.4M | 63.7M |
| Stock-based compensation | 6.9M | 9.5M | 11.1M | 37M | 52.1M | 65.8M | 64.8M | 73.1M |
| Change in working capital | 2.6M | 126.6M | 257M | 335.6M | 260.6M | 290.9M | 284.9M | 370.3M |
| Operating cash flow | 9.8M | 145.2M | 260.7M | 355.4M | 322.4M | 466.7M | 485.1M | 233.5M |
| Capital expenditure | -4.5M | -9.1M | -5M | -6.9M | -10.5M | -8.5M | -8.2M | -60.9M |
| Investing cash flow | -5.1M | -12.4M | -57.8M | 24.2M | 24.1M | -4.9M | -1.9B | -191.5M |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | 0 | -39.8M | 0 | -55.4M | -137.5M | -173.6M |
| Financing cash flow | 552.8M | 352.7M | 1.7B | 1.4B | 1.5B | 512M | 426.5M | 738.7M |
| Net change in cash | 557.5M | 485.5M | 1.9B | 1.8B | 1.8B | 973.8M | -997.5M | 780.7M |
| Free cash flow | -16.9M | -31.6M | -4.5M | -884K | 55.1M | 111.7M | 116.5M | 145.8M |
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 | 12.8M | 27M | 29M | 32.4M | 41.6M | 18.2M | 20.6M | 19.5M | 14.1M | 19M | 19.6M | -2.4M |
| Depreciation & amortization | 7.1M | 8.8M | 9.4M | 10.7M | 12.1M | 13.2M | 14.4M | 15.6M | 16.1M | 17.6M | 18.9M | 21.2M |
| Stock-based compensation | 15.3M | 17.3M | 15.1M | 13.7M | 17.4M | 18.6M | 18.8M | 20.1M | 17.8M | 16.5M | 18.5M | 19.5M |
| Change in working capital | 63M | 98.7M | 80.4M | 65.9M | 70.5M | 64.4M | 107.8M | 94.9M | 55.7M | 95.7M | 80M | 82M |
| Operating cash flow | 96M | 152.7M | 132.4M | 120.5M | 128.2M | 108.9M | 156.7M | 70.7M | 54.2M | 54.9M | 51.8M | 61.2M |
| Capital expenditure | -1.9M | -4.1M | -1.6M | -1.2M | -1.6M | -3.7M | -4.7M | -13.9M | -13.9M | -17M | -18.6M | -16.1M |
| Investing cash flow | 28.1M | 17.5M | -100.1M | -537.9M | -836.5M | -134.6M | -31.9M | -82.9M | -30.9M | -34.4M | -50.7M | 122.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -17.3M | -21M | -51M | -47.7M | -21.8M | -17.1M | -22.2M | -32M | -45.3M | -78.6M | -75M | -17.7M |
| Financing cash flow | -175.4M | 1B | -521.1M | 69M | 15.1M | 866.9M | -402.4M | 402.5M | 37.2M | 697.1M | -383.1M | 123.7M |
| Net change in cash | -51.2M | 1.2B | -488.8M | -348.3M | -693.2M | 841.1M | -277.7M | 390.2M | 60.5M | 717.6M | -382M | 307.1M |
| Free cash flow | 27.1M | 40M | 23.8M | 26.9M | 36.2M | 29.6M | 32.9M | 54.2M | 35.3M | 23.4M | 23.1M | 34.1M |