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 | — | — | — | — | $1.3B | — |
| FY24 | — | — | — | — | $1B | — |
| FY23 | — | — | — | — | $772.8M | — |
| FY22 | — | — | — | — | $685.4M | — |
| FY21 | — | — | — | — | $445.9M | — |
| FY20 | — | — | — | — | $91.7M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $91.7M | $445.9M | $685.4M | $772.8M | $1B | $1.3B |
| YoY change | — | +386% | +53.7% | +12.8% | +30% | +25.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 91.7M | 445.9M | 685.4M | 772.8M | 1B | 1.3B |
| Cost of revenue | 49.1M | 232.3M | 451.1M | 508.9M | 597.7M | 749.2M |
| Gross profit | 42.7M | 213.5M | 234.3M | 263.9M | 406.9M | 512.2M |
| Gross margin | 46.5% | 47.9% | 34.2% | 34.1% | 40.5% | 40.6% |
| Research & development | 12.3M | 66.2M | 150.9M | 74.4M | 76.6M | 75.2M |
| Selling, general & administrative | 16.3M | 181.9M | 398.4M | 253.1M | 291.2M | 213.2M |
| Operating expenses | 28.7M | 248.1M | 549.3M | 327.5M | 367.8M | 288.4M |
| Operating income | 14M | -34.5M | -315M | -63.6M | 39.1M | 223.8M |
| Operating margin | 15.2% | -7.74% | -46% | -8.23% | 3.9% | 17.7% |
| Non-operating income, net | 222K | -56M | -19.1M | -156.3M | -492.6M | -220.6M |
| Pretax income | 21.2M | -61.6M | -276.4M | -181.2M | -421.1M | 51.6M |
| Income tax | 1.3M | 7.9M | 16.4M | 15.6M | 24.6M | -19.7M |
| Net income | 19.9M | -69.5M | -292.8M | -196.7M | -445.7M | 71.4M |
| Net margin | 21.7% | -15.6% | -42.7% | -25.5% | -44.4% | 5.66% |
| EBITDA | 14M | -33.6M | -314.5M | -45M | 72.5M | 394.1M |
| EPS | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — |
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 | 201.4M | 210.4M | 237M | 242.6M | 249.3M | 275.7M | 282.7M | 317.7M | 339.9M | 321M | 299M | 365.6M |
| Cost of revenue | 128.8M | 134.5M | 144.9M | 145.6M | 149M | 158.2M | 167.1M | 191.5M | 200.6M | 190M | 177.6M | 218.7M |
| Gross profit | 72.7M | 75.9M | 92.1M | 97M | 100.3M | 117.5M | 115.6M | 126.2M | 139.3M | 131M | 121.4M | 146.9M |
| Gross margin | 36.1% | 36.1% | 38.9% | 40% | 40.2% | 42.6% | 40.9% | 39.7% | 41% | 40.8% | 40.6% | 40.2% |
| Research & development | 18M | 17.6M | 19.4M | 21.9M | 16.7M | 18.6M | 19.4M | 18.5M | 18.2M | 19.1M | 15.9M | 17.3M |
| Selling, general & administrative | 64.8M | 55.4M | 73.3M | 77.8M | 69.2M | 70.8M | 55.8M | 60M | 51.4M | 46M | 44.4M | 45.2M |
| Operating expenses | 82.8M | 72.9M | 92.7M | 99.7M | 85.9M | 89.5M | 75.2M | 78.5M | 69.6M | 65M | 60.4M | 62.5M |
| Operating income | -10.1M | 3M | -582K | -2.7M | 14.4M | 28M | 40.4M | 47.8M | 69.7M | 65.9M | 61.1M | 84.4M |
| Operating margin | -5.04% | 1.44% | -0.25% | -1.12% | 5.79% | 10.2% | 14.3% | 15% | 20.5% | 20.5% | 20.4% | 23.1% |
| Non-operating income, net | -47.3M | -25.8M | -33.8M | -73.6M | -108.9M | -276.2M | -48.1M | -37M | -76.5M | -59M | -51.4M | -65.4M |
| Pretax income | -47.1M | -15M | -26.7M | -68.2M | -85.8M | -240.5M | -48K | 21.5M | 8.1M | 22.1M | 27.3M | 41.2M |
| Income tax | -1.2M | 5.1M | 5M | 14.5M | -11.5M | 16.6M | -2.5M | 5M | -15.2M | -7M | 3.1M | -1.1M |
| Net income | -45.9M | -20M | -31.7M | -82.7M | -74.2M | -257.1M | 2.5M | 16.6M | 23.3M | 29M | 24.2M | 42.3M |
| Net margin | -22.8% | -9.52% | -13.4% | -34.1% | -29.8% | -93.3% | 0.88% | 5.21% | 6.85% | 9.05% | 8.08% | 11.6% |
| EBITDA | -4.9M | 9.2M | 5.2M | 4.8M | 22.3M | 40.2M | 48.5M | 57.4M | 126.5M | 117.9M | 100.9M | 130.7M |
| EPS | — | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — | — | — | — | — | — |
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 | — | — | — | — | — | — | — | — | 0 |
| Enterprise value | — | — | — | — | — | — | — | — | 623.2M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/S | — | — | — | — | — | — | — | — | 0 |
| P/B | — | — | — | — | — | — | — | — | 0 |
| EV/EBITDA | — | — | — | — | — | — | — | — | 1.58 |
| EV/Sales | — | — | — | — | — | — | — | — | 0.49 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 46.5% | 47.9% | 34.2% | 34.1% | 40.5% | 40.6% | 40.2% |
| Operating margin | — | — | 15.2% | -7.74% | -46% | -8.23% | 3.9% | 17.7% | 27.3% |
| Net margin | — | — | 21.7% | -15.6% | -42.7% | -25.5% | -44.4% | 5.66% | 9.12% |
| ROE | — | — | 10.3% | -14.4% | -38.2% | -29.6% | -100.9% | 12.9% | 19.5% |
| ROA | — | — | 9.75% | -11.8% | -28% | -16.3% | -34.5% | 4.62% | 14% |
| ROIC | — | — | 9.99% | -10.7% | -47.2% | -7.16% | 4.22% | 101.9% | 105.4% |
| Return on tangible assets | — | — | 9.75% | -11.8% | -28% | -16.7% | -36.6% | 4.81% | 7.25% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | 18 | 8.6 | 3.28 | 4.05 | 1.8 | 11.1 | 14.6 |
| Quick ratio | — | — | 18 | 8.6 | 3.28 | 4.05 | 1.8 | 11.1 | 11.5 |
| Debt / equity | — | — | — | 0.08 | 0.28 | 0.62 | 1.54 | 1.55 | 1.34 |
| Debt / assets | — | — | — | 0.06 | 0.2 | 0.34 | 0.53 | 0.56 | 0.54 |
| Net debt / EBITDA | — | — | — | 4.86 | 0.31 | -4.97 | 6.69 | -0.85 | -0.8 |
| Effective tax rate | — | — | 6.02% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | — | — | — | — | — | — | 17 |
| Book value per share | — | — | — | — | — | — | — | — | 7.13 |
| FCF per share | — | — | — | — | — | — | — | — | 2.49 |
| Cash per share | — | — | — | — | — | — | — | — | 15.5 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 1.2% | 1.49% | 3.27% | 2.61% | 1.77% | — | — |
| Capex / operating cash flow | — | — | -89.3% | -53.2% | -23.6% | -16.5% | -4.82% | — | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $201.4M | $210.4M | $237M | $242.6M | $249.3M | $275.7M | $282.7M | $317.7M | $339.9M | $321M | $299M | $365.6M |
| YoY change | +8.53% | +18.1% | +35.2% | +30.6% | +23.7% | +31% | +19.3% | +31% | +36.3% | +16.5% | +5.76% | +15.1% |
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 | 184.7M | 186.7M | 62.6M | 200.9M | 310.8M | 189M | 195.7M | 1.2B |
| Receivables | 931.2M | 988.8M | 12.8M | 32.3M | 59.2M | 79.5M | 112.2M | 153.3M |
| Inventory | 671.1M | 711.2M | — | — | — | — | — | — |
| Total current assets | 1.9B | 2B | 77M | 246.5M | 419.8M | 303.4M | 351.5M | 1.5B |
| Property, plant & equipment | 269.5M | 216.6M | 1.5M | 7.6M | 31.7M | 41.6M | 38M | 30.2M |
| Goodwill & intangibles | 14.7B | 14B | — | — | 0 | 27M | 71.8M | 61.1M |
| Total assets | 9.9B | 9.8B | 204.3M | 590.3M | 1B | 1.2B | 1.3B | 1.5B |
| Accounts payable | 557.4M | 560.2M | 581K | 11.6M | 1.7M | 1.3M | 7M | 3.9M |
| Short-term debt | 142.4M | 93.5M | — | — | 70.4M | 44.6M | 133.3M | 34.2M |
| Total current liabilities | 874.7M | 886M | 4.3M | 28.7M | 128M | 74.9M | 195.5M | 131.5M |
| Long-term debt | 6.8B | 5B | — | 37.9M | 141.9M | 368M | 547.5M | 824.3M |
| Total liabilities | 8B | 6.3B | 10.1M | 105.9M | 279.7M | 542.6M | 849.5M | 990.6M |
| Shareholders' equity | -3.1B | 1.5B | 194.1M | 484.4M | 765.4M | 665.7M | 441.5M | 555.4M |
| Total debt | 6.9B | 5.1B | — | 37.9M | 212.3M | 412.6M | 680.8M | 858.5M |
| Net debt | 6.7B | 4.9B | — | -152.9M | -97.5M | 226.1M | 492.9M | 623.2M |
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 | 252.8M | 189M | 275.8M | 235.3M | 158.3M | 195.7M | 206.5M | 204.5M | 218.3M | 1.2B | 1.3B | 1.3B |
| Receivables | 67.5M | 79.5M | 87.4M | 93.5M | 98.3M | 112.2M | 107.5M | 118.5M | — | 153.3M | 170.7M | 190.5M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 378M | 303.4M | 399.1M | 361.2M | 298.5M | 351.5M | 355.6M | 362.5M | 264.8M | 1.5B | 1.5B | 1.6B |
| Property, plant & equipment | 95.3M | 41.6M | 42.8M | 92.3M | 73.4M | 38M | 71.5M | 68.2M | 64.6M | 30.2M | 60.4M | 60M |
| Goodwill & intangibles | 28.3M | 27M | 25.7M | 24.4M | 23.2M | 71.8M | 69.1M | 66.8M | 64M | 61.1M | 58.3M | 55.4M |
| Total assets | 1.2B | 1.2B | 1.5B | 1.5B | 1.4B | 1.3B | 1.3B | 1.4B | 1.5B | 1.5B | 1.6B | 1.7B |
| Accounts payable | 1.3M | 1.3M | 3.1M | 7.3M | 5.8M | 7M | 10M | 9.2M | 5.1M | 3.9M | 3.8M | 4.1M |
| Short-term debt | 50.4M | 44.6M | 127.5M | 195.4M | 213.7M | 133.3M | 142.4M | 190.1M | 35M | 34.2M | 147.3M | 32.4M |
| Total current liabilities | 81.6M | 74.9M | 169.4M | 241.3M | 254.5M | 195.5M | 198.7M | 254.5M | 114.6M | 131.5M | 238.1M | 138.5M |
| Long-term debt | 368.5M | 368M | 487.2M | 483.4M | 473.4M | 547.5M | 536.4M | 573.6M | 767.5M | 824.3M | 780.7M | 874.9M |
| Total liabilities | 548.4M | 542.6M | 757.3M | 837.4M | 828M | 849.5M | 837.6M | 931.1M | 919.5M | 990.6M | 1B | 1B |
| Shareholders' equity | 671.9M | 665.7M | 725.9M | 615.6M | 542.8M | 441.5M | 440.8M | 468M | 535.8M | 555.4M | 599.2M | 648.8M |
| Total debt | 418.9M | 412.6M | 614.7M | 678.8M | 687.1M | 680.8M | 678.7M | 763.7M | 802.4M | 858.5M | 928M | 907.3M |
| Net debt | 166.3M | 226.1M | 340.2M | 445.2M | 540M | 492.9M | 491.9M | 580.7M | 584.1M | 623.2M | 610.2M | 658.1M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | 19.9M | -69.5M | -292.8M | -196.7M | -445.7M | 71.4M |
| Depreciation & amortization | 290K | 815K | 6.3M | 19.1M | 28.8M | 30.1M |
| Stock-based compensation | 156K | 67.8M | 241.7M | 71.1M | 61.5M | 54.1M |
| Change in working capital | -21.6M | -11.5M | -51.1M | -16M | -16.7M | -36.4M |
| Operating cash flow | -1.2M | -12.5M | -94.9M | -122.6M | -368M | 238.6M |
| Capital expenditure | -1.1M | -6.6M | -22.4M | -20.2M | -17.7M | — |
| Investing cash flow | -171.1M | -87.3M | -265.4M | -412.7M | -493.1M | -295.8M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 119.5M | 268.1M | 409.2M | 229.8M | 433.4M | 122.7M |
| Net change in cash | -52.8M | 168.3M | 48.9M | -305.5M | -427.8M | 65.5M |
| Free cash flow | 3.2M | 43.2M | -62.4M | -10.6M | 43.3M | 224.7M |
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 | -45.9M | -20M | -31.7M | -82.7M | -74.2M | -257.1M | 2.5M | 16.6M | 23.3M | 29M | 24.2M | 42.3M |
| Depreciation & amortization | 5.2M | 6M | 6.3M | 7M | 7.1M | 8.3M | 7.7M | 7.6M | 7.6M | 7.1M | 3.9M | 3.9M |
| Stock-based compensation | 20.7M | 13.7M | 15.5M | 18M | 12.3M | 15.6M | 13.2M | 18.2M | 13.6M | 9.1M | 7.2M | 8.6M |
| Change in working capital | -3.9M | -8.5M | -1.6M | 16.9M | -23.1M | -7M | -5.7M | -14.3M | -9.9M | -14.2M | -17.1M | -32M |
| Operating cash flow | -24M | -8.9M | -10.7M | -39.8M | -76.7M | -238.5M | 20M | 57.4M | 67M | 79.8M | 43.2M | 74.7M |
| Capital expenditure | -5.1M | -4.6M | -5.1M | -4.4M | -4.2M | -4M | -3.8M | — | — | — | — | — |
| Investing cash flow | -125.2M | -96.6M | -230.9M | -123M | -120.3M | -30.5M | -26.9M | -121.5M | -38.1M | -97.1M | -12.7M | -118.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 62.3M | -119.5M | 298.6M | 63.1M | 23.1M | 48.6M | -6.6M | 77.3M | 9.7M | 42.3M | 63.4M | -33.4M |
| Net change in cash | -86.9M | -224.9M | 57M | -99.7M | -174M | -220.3M | -13.5M | 13.2M | 38.6M | 25M | 93.9M | -76.8M |
| Free cash flow | 11.1M | 14.3M | 15.3M | 13.9M | 3.2M | 22.6M | 30.7M | 53.5M | 63.8M | 76.7M | 40M | 71.3M |