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 | $1.45 | $1.66 | +14.5% | — | $801.7M | — |
| Q1 26 | $1.19 | $1.42 | +19.3% | — | $761.7M | — |
| Q4 25 | $1.46 | $1.55 | +6.2% | — | $783.8M | — |
| Q3 25 | $1.15 | $1.24 | +7.8% | — | $706.3M | — |
| Q2 25 | $0.92 | $1.17 | +27.2% | — | $649.1M | — |
| Q1 25 | $0.79 | $1.02 | +29.1% | — | $569M | — |
| Q4 24 | $1.02 | $1.15 | +12.7% | — | $597.5M | — |
| Q3 24 | $0.76 | $0.9 | +18.4% | — | $543.9M | — |
| Q2 24 | $0.56 | $0.55 | -1.8% | — | $488.5M | — |
| Q1 24 | $0.39 | $0.73 | +87.2% | — | $441.7M | — |
| Q4 23 | $0.66 | $1.4 | +112.1% | — | $509.8M | — |
| Q3 23 | $0.4 | $0.71 | +77.5% | — | $432.7M | — |
| Q2 23 | $0.26 | $0.38 | +46.2% | — | $396.5M | — |
| Q1 23 | $0.11 | $0.23 | +109.1% | — | $358.1M | — |
| Q4 22 | $0.21 | $0.24 | +14.3% | — | $369.7M | — |
| Q3 22 | $0.15 | $0.35 | +133.3% | — | $340.8M | — |
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 | — | $3.51 | — | — | $2.7B | — |
| FY24 | — | $5.97 | — | — | $2.1B | — |
| FY23 | — | $2.96 | — | — | $1.7B | — |
| FY22 | — | $0.07 | — | — | $1.3B |
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 | $367M | $463.8M | $563.8M | $738.2M | $904.4M | $1.1B | $1.3B | $1.7B | $2.1B | $2.7B |
| YoY change | +39.1% | +26.4% | +21.6% | +30.9% | +22.5% | +21.5% | +18.8% | +30% | +22.1% | +30.7% |
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 | 367M | 463.8M | 563.8M | 738.2M | 904.4M | 1.1B | 1.3B | 1.7B | 2.1B | 2.7B |
| Cost of revenue | 155.9M | 186.6M | 193.6M | 257.9M | 322.1M | 346.7M | 499.7M | 537.2M | 625.9M | 768.2M |
| Gross profit | 211.1M | 277.2M | 370.2M | 480.3M | 582.3M | 752.1M | 805.6M | 1.2B | 1.4B | 1.9B |
| Gross margin | 57.5% | 59.8% | 65.7% | 65.1% | 64.4% | 68.4% | 61.7% | 68.3% | 69.8% | 71.6% |
| Research & development | 55.7M | 75.7M | 94.8M | 132.3M | 146.8M | 160.1M | 180.2M | 205M | 219.6M | 301.1M |
| Selling, general & administrative | 166.1M | 208.9M | 248M | 298M | 384M | 466M | 587.8M | 734.9M | 917.2M | 1.2B |
| Operating expenses | 221.8M | 284.6M | 342.8M | 430.3M | 530.8M | 626.1M | 768M | 939.9M | 1.1B | 1.5B |
| Operating income | -10.7M | -7.4M | 27.4M | 50M | 51.5M | 126M | 37.6M | 220M | 308.9M | 473.8M |
| Operating margin | -2.92% | -1.6% | 4.86% | 6.77% | 5.69% | 11.5% | 2.88% | 13% | 14.9% | 17.5% |
| Non-operating income, net | -2.6M | -600K | -900K | -7.8M | 3.3M | -44.3M | -1.1M | 2.2M | -5.5M | -109.6M |
| Pretax income | -26.8M | -26.6M | 5.2M | 14.5M | 9.7M | 20.5M | 9.8M | 214.6M | 300.2M | 339.5M |
| Income tax | 392K | 200K | 1.9M | 2.9M | 2.9M | 3.7M | 5.2M | 8.3M | -118.1M | 92.4M |
| Net income | -28.9M | -26.8M | 3.3M | 11.6M | 6.8M | 16.8M | 4.6M | 206.3M | 418.3M | 247.1M |
| Net margin | -7.87% | -5.78% | 0.59% | 1.57% | 0.75% | 1.53% | 0.35% | 12.2% | 20.2% | 9.12% |
| EBITDA | 4M | 7M | 47.1M | 82.9M | 110.3M | 182M | 109M | 323.6M | 423.7M | 600.7M |
| EPS | -0.51 | -0.46 | 0.06 | 0.19 | 0.11 | 0.25 | 0.07 | 2.96 | 5.97 | 3.51 |
| Diluted EPS | -0.51 | -0.46 | 0.05 | 0.19 | 0.1 | 0.24 | 0.07 | 2.94 | 5.78 | 3.48 |
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 | 432.7M | 509.8M | 441.7M | 488.5M | 543.9M | 597.5M | 569M | 649.1M | 706.3M | 783.8M | 761.7M | 801.7M |
| Cost of revenue | 139.4M | 148.6M | 134.9M | 157.6M | 166.8M | 166.6M | 160M | 196.9M | 196.2M | 215.2M | 232.7M | 239.1M |
| Gross profit | 293.3M | 361.2M | 306.8M | 330.9M | 377.1M | 430.9M | 409M | 452.2M | 510.1M | 568.6M | 529.1M | 562.6M |
| Gross margin | 67.8% | 70.9% | 69.5% | 67.7% | 69.3% | 72.1% | 71.9% | 69.7% | 72.2% | 72.5% | 69.5% | 70.2% |
| Research & development | 57.8M | 42M | 50.2M | 53.9M | 54.9M | 60.6M | 59.6M | 73.4M | 77.2M | 90.9M | 89.7M | 88.1M |
| Selling, general & administrative | 180.7M | 212.8M | 199.7M | 222.4M | 234.1M | 261M | 260.6M | 257.7M | 315.2M | 331.4M | 317.2M | 344.8M |
| Operating expenses | 238.5M | 254.8M | 249.9M | 276.3M | 289M | 321.6M | 320.2M | 331.1M | 392.4M | 422.3M | 406.9M | 432.9M |
| Operating income | 54.8M | 106.4M | 56.9M | 54.6M | 88.1M | 109.3M | 88.8M | 121.1M | 117.7M | 146.3M | 122.2M | 129.7M |
| Operating margin | 12.7% | 20.9% | 12.9% | 11.2% | 16.2% | 18.3% | 15.6% | 18.7% | 16.7% | 18.7% | 16% | 16.2% |
| Non-operating income, net | 700K | 1.9M | -700K | -1.8M | -3.4M | 400K | -41.8M | -83.1M | 12.1M | 3.1M | 700K | -1.1M |
| Pretax income | 53.7M | 107.8M | 54.9M | 51.1M | 82.9M | 111.3M | 48.1M | 28.4M | 122.8M | 140.2M | 113M | 118.7M |
| Income tax | 1.8M | 4.5M | 3.4M | -137.5M | 5.4M | 10.6M | 12.7M | 5.9M | 35.2M | 38.5M | 21.9M | 23.7M |
| Net income | 51.9M | 103.3M | 51.5M | 188.6M | 77.5M | 100.7M | 35.4M | 22.5M | 87.6M | 101.6M | 91.1M | 95M |
| Net margin | 12% | 20.3% | 11.7% | 38.6% | 14.2% | 16.9% | 6.22% | 3.47% | 12.4% | 13% | 12% | 11.8% |
| EBITDA | 82.8M | 133.3M | 84.4M | 81.3M | 116.5M | 141.5M | 118.5M | 154.7M | 160.4M | 167M | 153.9M | 158.9M |
| EPS | 0.74 | 1.48 | 0.74 | 2.69 | 1.11 | 1.44 | 0.5 | 0.32 | 1.24 | 1.44 | 1.3 | 1.37 |
| Diluted EPS | 0.74 | 1.44 | 0.73 | 2.59 | 1.08 | 1.39 | 0.5 | 0.32 | 1.24 | 1.44 | 1.3 | 1.37 |
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 | 2.2B | 4B | 4.7B | 10.4B | 16.5B | 18B | 20.4B | 15.1B | 18.3B | 20B | 9.2B |
| Enterprise value | 2.2B | 4.1B | 5B | 10.9B | 16.7B | 18.5B | 21.2B | 15.8B | 18.7B | 20.2B | 9.9B |
| Shares outstanding | 57.3M | 58M | 58.9M | 60.6M | 64.7M | 67.7M | 69.4M | 69.8M | 70.1M | 70.3M | 70.3M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | 1.4K | 894.3 | 2.4K | 1.1K | 4.4K | 73.4 | 43.7 | 80.9 | 24.9 |
| P/S | 5.88 | 8.63 | 8.28 | 14.1 | 18.3 | 16.4 | 15.6 | 8.92 | 8.83 | 7.38 | 3.02 |
| P/B | 34.2 | 25.2 | 22 | 136.7 | 27.4 | 32.4 | 42.9 | 20.7 | 15.1 | 13.2 | 6.49 |
| EV/EBITDA | 554.3 | 589.8 | 105.6 | 131.3 | 151 | 101.6 | 194 | 49 | 44.2 | 33.7 | 16 |
| EV/Sales | 5.97 | 8.9 | 8.82 | 14.7 | 18.4 | 16.8 | 16.2 | 9.34 | 9.04 | 7.47 | 3.23 |
| Earnings yield | — | — | 0.07% | 0.11% | 0.04% | 0.09% | 0.02% | 1.36% | 2.29% | 1.24% | 4.01% |
| FCF yield | -0.29% | -0.9% | -2.71% | -0.7% | -0.5% | -1.06% | -0.19% | 0.24% | 1.62% | 1.75% | 2.57% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.08 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 57.5% | 59.8% | 65.7% | 65.1% | 64.4% | 68.4% | 61.7% | 68.3% | 69.8% | 71.6% | 70.2% |
| Operating margin | -2.92% | -1.6% | 4.86% | 6.77% | 5.69% | 11.5% | 2.88% | 13% | 14.9% | 17.5% | 16.2% |
| Net margin | -7.87% | -5.78% | 0.59% | 1.57% | 0.75% | 1.53% | 0.35% | 12.2% | 20.2% | 9.12% | 12.3% |
| ROE | -45.7% | -16.9% | 1.56% | 15.3% | 1.13% | 3.02% | 0.97% | 28.2% | 34.5% | 16.3% | 26% |
| ROA | -6.32% | -3.28% | 0.36% | 1.01% | 0.36% | 0.82% | 0.2% | 7.97% | 13.5% | 7.75% | 9.71% |
| ROIC | -11% | -2.6% | 3.38% | 6.81% | 5.05% | 9.93% | 1.47% | 14.6% | 18.7% | 19.7% | 21.3% |
| Return on tangible assets | -7.74% | -3.68% | 0.4% | 1.12% | 0.39% | 0.89% | 0.23% | 9.02% | 15% | 8.66% | 13.3% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 6.64 | 6.24 | 3.99 | 3.75 | 6.01 | 5.81 | 3.6 | 3.51 | 3.58 | 2.81 | 2.48 |
| Quick ratio | 6 | 5.85 | 3.37 | 3.11 | 5.27 | 4.49 | 2.65 | 2.62 | 2.76 | 2.15 | 1.83 |
| Debt / equity | 5.27 | 3.57 | 2.79 | 11.7 | 1.75 | 2.29 | 2.94 | 1.93 | 1.15 | 0.63 | 0.67 |
| Debt / assets | 0.73 | 0.69 | 0.64 | 0.78 | 0.57 | 0.62 | 0.62 | 0.55 | 0.45 | 0.3 | 0.3 |
| Net debt / EBITDA | 8.72 | 18 | 6.44 | 6.17 | 1.01 | 2.66 | 6.68 | 2.2 | 1.04 | 0.39 | 0.65 |
| Interest coverage | -0.86 | -0.39 | 1.2 | 1.46 | 1.21 | 1.33 | 1.27 | 6.93 | 8.03 | 6.72 | 9.43 |
| Effective tax rate | 0% | 0% | 36.5% | 20% | 29.9% | 18% | 53.1% | 3.87% | 0% | 27.2% | 24.1% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 6.41 | 8 | 9.58 | 12.2 | 14 | 16.2 | 18.8 | 24.3 | 29.6 | 38.5 | 43.6 |
| EPS (basic) | -0.51 | -0.46 | 0.06 | 0.19 | 0.11 | 0.25 | 0.07 | 2.96 | 5.97 | 3.51 | 3.51 |
| EPS (diluted) | -0.51 | -0.46 | 0.05 | 0.19 | 0.1 | 0.24 | 0.07 | 2.94 | 5.78 | 3.48 | 5.34 |
| Book value per share | 1.1 | 2.73 | 3.6 | 1.25 | 9.32 | 8.22 | 6.87 | 10.5 | 17.3 | 21.5 | 20.5 |
| FCF per share | -0.11 | -0.62 | -2.15 | -1.2 | -1.27 | -2.82 | -0.55 | 0.52 | 4.23 | 4.97 | 3.83 |
| Cash per share | 5.22 | 7.59 | 4.91 | 6.21 | 14.6 | 11.7 | 9.72 | 10.1 | 13.6 | 10.2 | 7.71 |
| Capex per share | 0.39 | 1.33 | 2.76 | — | — | — | — | — | — | 2.72 | 3.13 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 6.03% | 16.7% | 28.8% | — | — | — | — | — | — | 7.08% | 7.12% |
| Capex / operating cash flow | 288.1% | 183.4% | 629.4% | — | — | — | — | — | — | 33.7% | 42.5% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | $0.25 | — | — | $1.1B | — |
| FY20 | — | $0.11 | — | — | $904.4M | — |
| FY19 | — | $0.19 | — | — | $738.2M | — |
| FY18 | — | $0.06 | — | — | $563.8M | — |
| FY17 | — | -$0.46 | — | — | $463.8M | — |
| FY16 | — | -$0.51 | — | — | $367M | — |
| 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 | $432.7M | $509.8M | $441.7M | $488.5M | $543.9M | $597.5M | $569M | $649.1M | $706.3M | $783.8M | $761.7M | $801.7M |
| YoY change | +27% | +37.9% | +23.3% | +23.2% | +25.7% | +17.2% | +28.8% | +32.9% | +29.9% | +31.2% | +33.9% | +23.5% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 298.6M | 440.1M | 288.9M | 376.1M | 947.6M | 790M | 674.2M | 704.2M | 953.4M | 716.1M |
| Receivables | 28.8M | 53.4M | 63.3M | 69.3M | 95.3M | 161M | 205.6M | 359.7M | 357.2M | 511.3M |
| Inventory | 35.5M | 33.8M | 71.4M | 101M | 154.3M | 303.2M | 346.8M | 402.6M | 430.4M | 452.6M |
| Total current assets | 370M | 537.2M | 461.3M | 591M | 1.2B | 1.3B | 1.3B | 1.6B | 1.9B | 1.9B |
| Property, plant & equipment | 44.8M | 107.9M | 214.2M | 282.5M | 331.4M | 377M | 436M | 459.6M | 496.3M | 585.7M |
| Goodwill & intangibles | 83.4M | 88.4M | 100M | 106M | 137M | 152.8M | 254.4M | 300.8M | 300M | 337.4M |
| Total assets | 456.6M | 816.7M | 928.7M | 1.1B | 1.9B | 2B | 2.3B | 2.6B | 3.1B | 3.2B |
| Accounts payable | 13.2M | 24.4M | 25.5M | 54.5M | 54.1M | 37.7M | 30.8M | 19.2M | 19.8M | 75M |
| Short-term debt | 269K | — | — | — | 15.6M | 25.1M | 27.5M | 49.4M | 96M | 18.4M |
| Total current liabilities | 55.7M | 86M | 115.7M | 157.7M | 207.8M | 228.8M | 364.7M | 451.2M | 528.4M | 680.1M |
| Long-term debt | 332.8M | 566.2M | 592M | 887.9M | 1B | 1.2B | 1.4B | 1.4B | 1.3B | 930.8M |
| Total liabilities | 393.5M | 658.2M | 716.6M | 1.1B | 1.3B | 1.5B | 1.8B | 1.9B | 1.9B | 1.7B |
| Shareholders' equity | 63.1M | 158.5M | 212.1M | 75.9M | 603.6M | 556.3M | 476.4M | 732.7M | 1.2B | 1.5B |
| Total debt | 333M | 566.2M | 592M | 887.9M | 1.1B | 1.3B | 1.4B | 1.4B | 1.4B | 949.2M |
| Net debt | 195.9M | 293.6M | 478.1M | 674.2M | 152.1M | 483.9M | 727.6M | 711.6M | 438.7M | 233.1M |
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 | 669.8M | 704.2M | 751.2M | 821M | 902.6M | 953.4M | 1.3B | 1.1B | 757.5M | 716.1M | 480.4M | 534.9M |
| Receivables | 270.3M | 359.7M | 320.5M | 348.6M | 375.6M | 357.2M | 392.4M | 430.7M | 453.1M | 511.3M | 542.1M | 580.4M |
| Inventory | 410.8M | 402.6M | 430.6M | 430.9M | 444.9M | 430.4M | 440.8M | 447M | 446.3M | 452.6M | 462.5M | 484.8M |
| Total current assets | 1.5B | 1.6B | 1.6B | 1.7B | 1.9B | 1.9B | 2.3B | 2.3B | 1.9B | 1.9B | 1.7B | 1.8B |
| Property, plant & equipment | — | 459.6M | — | — | — | 496.3M | — | — | — | 585.7M | — | — |
| Goodwill & intangibles | 302.4M | 300.8M | 300.4M | 300.4M | 302.6M | 300M | 302.6M | 308M | 313.6M | 337.4M | 333.8M | 333.2M |
| Total assets | 2.5B | 2.6B | 2.6B | 2.9B | 3B | 3.1B | 3.5B | 3.5B | 3B | 3.2B | 3B | 3.2B |
| Accounts payable | 77.8M | 19.2M | 75.9M | 76.8M | 40.3M | 19.8M | 57.6M | 96.1M | 48.2M | 75M | 149.8M | 123.3M |
| Short-term debt | 49.8M | 49.4M | 38.9M | 37.9M | 42M | 96M | 83.1M | 460.7M | 79.9M | 18.4M | 18.6M | 18.9M |
| Total current liabilities | 451.4M | 451.2M | 432.4M | 486M | 506.2M | 528.4M | 520.4M | 1B | 647.7M | 680.1M | 687.5M | 744.2M |
| Long-term debt | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | 1.6B | 939M | 934.9M | 930.8M | 929.5M | 929.5M |
| Total liabilities | 1.9B | 1.9B | 1.8B | 1.9B | 1.9B | 1.9B | 2.2B | 2B | 1.6B | 1.7B | 1.7B | 1.7B |
| Shareholders' equity | 607.5M | 732.7M | 790.7M | 998.4M | 1.1B | 1.2B | 1.3B | 1.5B | 1.4B | 1.5B | 1.3B | 1.4B |
| Total debt | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.7B | 1.4B | 1B | 949.2M | 948.1M | 948.4M |
| Net debt | 750.6M | 711.6M | 650.3M | 576.8M | 495.7M | 438.7M | 412.3M | 278.2M | 257.3M | 233.1M | 467.7M | 413.5M |
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 | -28.9M | -26.8M | 3.3M | 11.6M | 6.8M | 16.8M | 4.6M | 206.3M | 418.3M | 247.1M |
| Depreciation & amortization | 13.8M | 13.9M | 15.6M | 27.9M | 55.4M | 57.4M | 63.2M | 72.8M | 80.8M | 90.4M |
| Stock-based compensation | 23.6M | 31.9M | 37.5M | 28.7M | 35.9M | 34.4M | 40.9M | 48.3M | 69.3M | 62.7M |
| Change in working capital | -11M | 5M | -59.5M | -8.4M | -57.1M | -241.3M | -103.3M | -218.8M | -40.6M | -101.6M |
| Operating cash flow | 7.7M | 42.1M | 25.8M | 96.5M | 87M | -91.3M | 14M | 115.2M | 403.1M | 569.3M |
| Capital expenditure | -22.1M | -77.2M | -162.4M | — | — | — | — | — | — | -191.6M |
| Investing cash flow | -178M | -210.8M | -184.5M | 97.3M | 180.5M | 40M | -33.8M | -10.2M | -12.2M | -194.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | -59.6M |
| Financing cash flow | 176.6M | 304.5M | -24.5M | 22.6M | 573.8M | 17.2M | -56.6M | -40.5M | -48.2M | -767.7M |
| Net change in cash | 6.2M | 135.8M | -183.2M | 216.4M | 841.3M | -34.1M | -76.4M | 64.5M | 342.7M | -393.3M |
| Free cash flow | -6.2M | -35.9M | -126.5M | -72.5M | -82.5M | -190.8M | -38.3M | 36.5M | 296.3M | 349.9M |
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 | 51.9M | 103.3M | 51.5M | 188.6M | 77.5M | 100.7M | 35.4M | 22.5M | 87.6M | 101.6M | 91.1M | 95M |
| Depreciation & amortization | 18.7M | 18.8M | 18.8M | 19.2M | 21.3M | 21.5M | 21.7M | 22.3M | 22M | 24.4M | 26.2M | 26.7M |
| Stock-based compensation | 10.5M | 12.6M | 14.2M | 17M | 18.1M | 20M | 18.2M | 7.5M | 16.7M | 20.3M | 21.3M | 19.6M |
| Change in working capital | -57.6M | -127.7M | 62.5M | -27.7M | -50.4M | -7.1M | -3.5M | 4.5M | -66.2M | -36.4M | 29.3M | -101.2M |
| Operating cash flow | 24.7M | 9.2M | 149.1M | 203.3M | 67.1M | 140.7M | 81M | 196.5M | 125.7M | 183.3M | 113.8M | 88.4M |
| Capital expenditure | — | — | — | — | — | — | — | -18.6M | -25.6M | -135.1M | -24.3M | -32.5M |
| Investing cash flow | -200K | 0 | 0 | 0 | -200K | -12M | — | -18.6M | -25.6M | -138.5M | -24.2M | -32.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | -30.1M | -29.5M | 0 | -300M | 0 |
| Financing cash flow | -7M | -6.8M | -19.9M | -8M | -2.7M | -27.3M | 252.2M | -413.3M | -550.5M | -82.1M | -320.3M | -5M |
| Net change in cash | 17.5M | 2.4M | 129.2M | 195.3M | 64.2M | 101.4M | 333.2M | -235.4M | -450.4M | -37.3M | -230.7M | 50.9M |
| Free cash flow | 33.6M | 13.6M | 63.6M | 71.6M | 79.1M | 91.7M | 48.1M | 173.3M | 94.6M | 33.9M | 86M | 51.1M |