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 | $2.21 | $2.36 | +6.8% | — | $314.4M | — |
| Q1 26 | $2.2 | $2.31 | +5.0% | — | $278.9M | — |
| Q4 25 | $2.09 | $2.24 | +7.2% | — | $255.6M | — |
| Q3 25 | $1.61 | $2.01 | +24.8% | — | $244.7M | — |
| Q2 25 | $1.68 | $1.76 | +4.8% | — | $201M | — |
| Q1 25 | $1.6 | $1.87 | +16.9% | — | $174.6M | — |
| Q4 24 | $1.22 | $1.52 | +24.6% | — | $155.6M | — |
| Q3 24 | $1.05 | $1.23 | +17.1% | — | $148.4M | — |
| Q2 24 | $1.1 | $1.25 | +13.6% | — | $131.3M | — |
| Q1 24 | $0.94 | $1.09 | +16.0% | — | $118.5M | — |
| Q4 23 | $0.95 | $1.11 | +16.8% | — | $105.4M | — |
| Q3 23 | $0.74 | $0.92 | +24.3% | — | $91M | — |
| Q2 23 | $0.83 | $0.86 | +3.6% | — | $90.4M | — |
| Q1 23 | $0.74 | $0.8 | +8.1% | — | $89.2M | — |
| Q4 22 | $0.74 | $0.82 | +10.8% | — | $88.6M | — |
| Q3 22 | $0.51 | $0.29 | -43.1% | — | $80.7M | — |
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 | — | $7.4 | — | — | $876M | — |
| FY24 | — | $4.61 | — | — | $553.9M | — |
| FY23 | — | $3.19 | — | — | $375.9M | — |
| FY22 | — | $2.07 | — | — | $327.1M |
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 | $42.7M | $59.5M | $73M | $113.3M | $168.5M | $247.8M | $327.1M | $375.9M | $553.9M | $876M |
| YoY change | — | +39.3% | +22.7% | +55.3% | +48.7% | +47.1% | +32% | +14.9% | +47.3% | +58.2% |
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 | 42.7M | 59.5M | 73M | 113.3M | 168.5M | 247.8M | 327.1M | 375.9M | 553.9M | 876M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | — | — | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — |
| Pretax income | 6.3M | 4.9M | 18.2M | 18.1M | 6.2M | 57.1M | 67.6M | 103.6M | 151.2M | 253.4M |
| Income tax | -337K | 1.1M | -6K | 7.5M | -34K | 11.3M | 15.4M | 24.4M | 33.6M | 56.3M |
| Net income | 6.6M | 3.8M | 18.2M | 10.6M | 6.3M | 45.8M | 52.2M | 79.2M | 117.6M | 197.1M |
| Net margin | 15.5% | 6.36% | 25% | 9.37% | 3.71% | 18.5% | 15.9% | 21.1% | 21.2% | 22.5% |
| EBITDA | — | — | — | — | — | — | — | — | — | — |
| EPS | 0.29 | 0.17 | 0.81 | 0.49 | 0.25 | 1.8 | 2.07 | 3.19 | 4.61 | 7.4 |
| Diluted EPS | 0.29 | 0.17 | 0.81 | 0.49 | 0.24 | 1.76 | 2.02 | 3.13 | 4.48 | 7.17 |
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 | 91M | 105.4M | 118.5M | 131.3M | 148.4M | 155.6M | 174.6M | 201M | 244.7M | 255.6M | 278.9M | 314.4M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | 24.5M | 33.5M | 34.4M | 33.4M | 38.5M | 45M | 53.7M | 59.9M | 67.1M | 72.7M | 53.5M | 69.8M |
| Income tax | 6.1M | 7.6M | 8M | 7.6M | 8M | 10M | 10.8M | 13.4M | 15.7M | 16.5M | 10.5M | 17.2M |
| Net income | 18.4M | 25.9M | 26.4M | 25.7M | 30.5M | 35M | 42.9M | 46.5M | 51.5M | 56.2M | 42.9M | 52.6M |
| Net margin | 20.3% | 24.6% | 22.3% | 19.6% | 20.6% | 22.5% | 24.6% | 23.1% | 21% | 22% | 15.4% | 16.7% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | 0.75 | 1.05 | 1.06 | 1.03 | 1.18 | 1.32 | 1.61 | 1.74 | 1.93 | 2.12 | 1.62 | 2 |
| Diluted EPS | 0.73 | 1.02 | 1.04 | 1 | 1.15 | 1.29 | 1.57 | 1.68 | 1.87 | 2.06 | 1.57 | 1.94 |
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 | — | — | — | 1.1B | — | 1.6B | 1.1B | 1.4B | 2.7B | 3.6B | 3.2B |
| Enterprise value | — | — | — | 835.3M | — | 1.2B | 593.2M | 734.9M | 2.1B | 2.9B | 3.5B |
| Shares outstanding | 22.6M | 22.6M | 22.6M | 21.5M | 24.9M | 25.5M | 25.2M | 24.8M | 25.5M | 26.6M | 26.6M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | 102.2 | — | 36 | 21.9 | 17.4 | 22.9 | 18.2 | 16.7 |
| P/S | — | — | — | 9.58 | — | 6.65 | 3.49 | 3.66 | 4.87 | 4.1 | 2.99 |
| P/B | — | — | — | 4.97 | — | 4.18 | 2.96 | 2.92 | 3.7 | 3.81 | 3.31 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | — | 12.1 |
| EV/Sales | — | — | — | 7.37 | — | 4.71 | 1.81 | 1.95 | 3.87 | 3.27 | 3.2 |
| Earnings yield | — | — | — | 0.98% | — | 2.78% | 4.58% | 5.75% | 4.36% | 5.49% | 6% |
| FCF yield | — | — | — | 3.83% | — | 5.03% | 14.4% | 7.94% | 9.37% | 11.2% | 17.6% |
| PEG | — | — | — | — | — | — | — | — | — | — | 1.12 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | — | 23.8% |
| Net margin | 15.5% | 6.36% | 25% | 9.37% | 3.71% | 18.5% | 15.9% | 21.1% | 21.2% | 22.5% | 18.6% |
| ROE | — | 4.82% | 18.9% | 4.86% | 1.72% | 11.6% | 13.6% | 16.8% | 16.1% | 20.9% | 22.2% |
| ROA | — | — | — | — | — | — | — | — | 5.2% | 6.46% | 4.99% |
| Return on tangible assets | — | — | — | — | — | — | — | — | 5.26% | 6.73% | 5.45% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | — | — | — | — | — | — | 0.54 |
| Debt / equity | — | 0.22 | 0.2 | — | — | 0 | 0.09 | 0.11 | 0 | — | 0.3 |
| Debt / assets | — | — | — | — | — | — | — | — | 0 | — | 0.07 |
| Net debt / EBITDA | — | — | — | — | — | — | — | — | — | — | 0.81 |
| Interest coverage | 4.84 | 3.82 | 8.91 | 17.9 | — | 1.4K | 78.4 | 28.5 | 133.9 | 647.4 | 32.6 |
| Effective tax rate | 0% | 23.2% | 0% | 41.2% | 0% | 19.8% | 22.8% | 23.6% | 22.2% | 22.2% | 22.8% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.89 | 2.63 | 3.23 | 5.27 | 6.77 | 9.73 | 13 | 15.1 | 21.7 | 32.9 | 41.2 |
| EPS (basic) | 0.29 | 0.17 | 0.81 | 0.49 | 0.25 | 1.8 | 2.07 | 3.19 | 4.61 | 7.4 | 7.4 |
| EPS (diluted) | 0.29 | 0.17 | 0.81 | 0.49 | 0.24 | 1.76 | 2.02 | 3.13 | 4.48 | 7.17 | 7.44 |
| Book value per share | — | 3.47 | 4.26 | 10.2 | 14.6 | 15.5 | 15.2 | 19 | 28.6 | 35.4 | 37.5 |
| FCF per share | 0.66 | 0.89 | 0.99 | 1.93 | 1.86 | 3.26 | 6.48 | 4.41 | 9.9 | 15.1 | 15 |
| Cash per share | — | 4.98 | 5.82 | 11.6 | 17.3 | 19 | 23.1 | 28 | 21.6 | 27.2 | 2.38 |
| Capex per share | 0.04 | 0 | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0 | 0.01 | 0.23 | 0.23 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.09% | 0.11% | 0.45% | 0.1% | 0.08% | 0.01% | 0.1% | 0% | 0.04% | 0.7% | 0.7% |
| Capex / operating cash flow | -377.2% | -0.63% | 1.38% | 1.44% | -0.16% | -0.04% | 0.5% | -0.03% | -1.1% | 1.49% | 1.49% |
| Payout ratio | — | 0% | 0% | 48.2% | 0% | 0% | — | — | — | — | 0% |
| Dividend yield | — | — | — | 0.47% | — | 0% | — | — | — | — | 1.45% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Aug 19, 2026 | $0.45 |
| — |
| FY21 | — | $1.8 | — | — | $247.8M | — |
| FY20 | — | $0.25 | — | — | $168.5M | — |
| FY19 | — | $0.49 | — | — | $113.3M | — |
| FY18 | — | $0.81 | — | — | $73M | — |
| FY17 | — | $0.17 | — | — | $59.5M | — |
| FY16 | — | $0.29 | — | — | $42.7M | — |
| 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 | $91M | $105.4M | $118.5M | $131.3M | $148.4M | $155.6M | $174.6M | $201M | $244.7M | $255.6M | $278.9M | $314.4M |
| YoY change | +12.8% | +18.9% | +32.9% | +45.3% | +63% | +47.7% | +47.3% | +53.1% | +64.9% | +64.2% | +59.7% | +56.4% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 112.7M | 131.7M | 250.3M | 431.5M | 483M | 583.2M | 695.3M | 550.9M | 725.2M |
| Receivables | 29.7M | 33.2M | 53.5M | 153.6M | 245.3M | 356.5M | 538.8M | 700.9M | 921.6M |
| Inventory | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 1.5M | 1.5M | 1.5M | 23M | 19M | 16.5M | 24.6M | 26.5M | 122.1M |
| Total assets | — | — | — | — | — | — | — | 2.3B | 3.1B |
| Accounts payable | 11.6M | 19.9M | 24.9M | 43M | 58.7M | 171.9M | 224.1M | 260.2M | 387.1M |
| Short-term debt | — | — | — | — | 0 | 36.4M | 52.6M | 0 | — |
| Total current liabilities | — | — | — | — | — | — | — | — | — |
| Long-term debt | 17.1M | 19.1M | — | — | — | — | — | — | — |
| Total liabilities | — | — | — | — | — | — | — | 1.5B | 2.1B |
| Shareholders' equity | 78.4M | 96.3M | 218.6M | 363.7M | 394.2M | 384.8M | 471.3M | 729M | 942.7M |
| Total debt | 17.1M | 19.1M | — | — | 0 | 36.4M | 52.6M | 0 | — |
| Net debt | 6.3M | 9.6M | — | — | -50.3M | -31.7M | 1.1M | -80.4M | — |
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 | 329.2M | 695.3M | 391.9M | 391.2M | 515.8M | 550.9M | 621.2M | 625.6M | 661.6M | 725.2M | 754.4M | 815.6M |
| Receivables | 522.3M | 538.8M | 643.3M | 738.4M | 745.7M | 700.9M | 725.8M | 927.1M | 940.7M | 921.6M | 1.1B | 1.2B |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 12.7M | 24.6M | 11.9M | 11.5M | 11.1M | 26.5M | 24.9M | 62.8M | 62.5M | 122.1M | 246.2M | 236.8M |
| Total assets | — | — | 1.9B | 2B | 2.3B | 2.3B | 2.4B | 2.8B | 2.9B | 3.1B | 3.6B | 4B |
| Accounts payable | 243.6M | 224.1M | 255M | 283.2M | 310.6M | 260.2M | 244.5M | 447.7M | 362.8M | 387.1M | 378.7M | 454.8M |
| Short-term debt | 52.6M | 52.6M | 43M | 0 | 0 | 0 | — | — | — | — | — | — |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | 297.4M | 295.8M |
| Total liabilities | — | — | 1.4B | 1.5B | 1.6B | 1.5B | 1.6B | 2B | 2.1B | 2.1B | 2.7B | 3B |
| Shareholders' equity | 421.3M | 471.3M | 501.7M | 532.6M | 703.3M | 729M | 790.4M | 847.2M | 878.1M | 942.7M | 959M | 980.9M |
| Total debt | 52.6M | 52.6M | 43M | 0 | 0 | 0 | — | — | — | — | 297.4M | 295.8M |
| Net debt | -426K | 1.1M | -18.4M | -47.8M | -86.5M | -80.4M | — | — | — | — | 240.9M | 233.1M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 6.6M | 3.8M | 18.2M | 10.6M | 6.3M | 45.8M | 52.2M | 79.2M | 117.6M | 197.1M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | 0 | 0 | 24.1M | 2.2M | 5.6M | 11.6M | 14.9M | 16.7M | 21M |
| Change in working capital | -6.5M | -15.7M | 5.9M | -27.4M | -93.7M | -97.9M | 2.2M | -135.3M | -158.4M | -177.4M |
| Operating cash flow | -237K | -10.8M | 24.1M | 8M | -84.1M | -45.8M | 62.4M | -44M | -22M | 409.1M |
| Capital expenditure | -894K | -68K | -332K | -115K | -132K | -18K | -313K | -15K | -243K | -6.1M |
| Investing cash flow | -11.5M | -19.1M | -25.4M | -80.6M | -174.4M | -53.4M | -151.2M | -121.7M | -298M | -353.3M |
| Dividends paid | — | 0 | 0 | -5.1M | 0 | 0 | — | — | — | — |
| Share repurchases | — | — | — | 0 | 0 | -15.9M | -34.4M | -22.3M | 0 | -37.3M |
| Financing cash flow | 0 | 0 | 1.5M | 62.3M | 125.5M | -15.9M | 2M | -6M | 65.9M | -33.7M |
| Net change in cash | -11.8M | -29.9M | 322K | -10.3M | -133M | -115M | -86.8M | -171.7M | -254.1M | 22.1M |
| Free cash flow | 14.9M | 20.2M | 22.5M | 41.6M | 46.4M | 83M | 163.6M | 109.3M | 252.6M | 402M |
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 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating cash flow | — | — | — | — | — | — | — | 120.9M | 83.6M | 117.4M | 47M | 167.2M |
| Capital expenditure | 4K | 0 | — | 0 | -194K | -49K | -35K | — | — | — | -2M | -2.1M |
| Investing cash flow | -49.7M | -22.9M | -15M | -27.1M | -178.6M | -77.2M | -50.6M | -159M | -15.8M | -121.8M | -373.6M | -119.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -6.6M | -132K | 0 | 0 | 0 | 0 | — | — | -37.4M | 134K | -23.1M | -41M |
| Financing cash flow | -25.4M | -132K | -9.2M | -42.3M | 921K | 721K | 646K | 844K | -36.2M | 854K | 275.3M | -39.9M |
| Net change in cash | -75.1M | -23M | -24.2M | -69.4M | -177.7M | -76.5M | -49.9M | -37.3M | 31.7M | -3.6M | -51.3M | 8M |
| Free cash flow | 69.1M | 20.9M | 31.8M | 53.6M | 98.8M | 68.4M | 85.8M | 119.2M | 81.5M | 115.6M | 45M | 164.7M |