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 | -$0.11 | $0.43 | +490.9% | — | $108M | — |
| Q1 26 | -$1.41 | -$1.72 | -22.0% | — | $6.4M | — |
| Q4 25 | -$0.84 | -$1.3 | -54.8% | — | $30.3M | — |
| Q3 25 | -$1.3 | -$1.2 | +7.7% | — | $29.7M | — |
| Q2 25 | -$1.05 | -$1.38 | -31.4% | — | $21.4M | — |
| Q1 25 | $0.49 | $0.12 | -75.5% | — | $89M | — |
| Q4 24 | -$1.08 | -$1.01 | +6.5% | — | $21.2M | — |
| Q3 24 | -$1.1 | -$1.17 | -6.4% | — | $24.2M | — |
| Q2 24 | -$1.31 | -$1.05 | +19.8% | — | $22.3M | — |
| Q1 24 | -$1.26 | -$1.34 | -6.3% | — | $15.6M | — |
| Q4 23 | -$1.28 | -$1.43 | -11.7% | — | $22.2M | — |
| Q3 23 | -$1.52 | -$1.41 | +7.2% | — | $28.9M | — |
| Q2 23 | -$1.38 | -$1.66 | -20.3% | — | $20M | — |
| Q1 23 | -$1.54 | -$1.53 | +0.6% | — | $19.1M | — |
| Q4 22 | -$1.23 | -$1.38 | -12.2% | — | $31.3M | — |
| Q3 22 | -$1.46 | -$1.75 | -19.9% | — | $26.5M | — |
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 | — | -$3.76 | — | — | $170.4M | — |
| FY24 | — | -$4.59 | — | — | $83.3M | — |
| FY23 | — | -$6.02 | — | — | $90.2M | — |
| FY22 | — | -$6.5 | — | — | $112.7M |
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 | $4.6M | $10.4M | $218.5M | $35.2M | $154.6M | $470.3M | $112.7M | $90.2M | $83.3M | $170.4M |
| YoY change | -39.5% | +126.5% | +2K% | -83.9% | +338.7% | +204.3% | -76% | -19.9% | -7.66% | +104.5% |
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 | 4.6M | 10.4M | 218.5M | 35.2M | 154.6M | 470.3M | 112.7M | 90.2M | 83.3M | 170.4M |
| Cost of revenue | 959K | 1.7M | 9.6M | 8.2M | 35.7M | 51.8M | 54.5M | 37.2M | 33.6M | 20.3M |
| Gross profit | 3.6M | 8.7M | 208.9M | 27M | 118.9M | 418.5M | 58.2M | 53M | 49.8M | 150.1M |
| Gross margin | 79.1% | 83.6% | 95.6% | 76.6% | 76.9% | 89% | 51.6% | 58.8% | 59.7% | 88.1% |
| Research & development | 45.5M | 57.2M | 83.9M | 124.2M | 166.3M | 181.4M | 242.5M | 232.3M | 208.5M | 228.3M |
| Selling, general & administrative | 23.6M | 27.2M | 36.9M | 51.8M | 63.8M | 79.3M | 85.3M | 88.5M | 76.6M | 82.9M |
| Operating expenses | 69M | 84.6M | 120.8M | 176M | 230.4M | 261.1M | 321.1M | 321.2M | 286M | 311.3M |
| Operating income | -65.3M | -75.9M | 88.1M | -149M | -119.2M | 160M | -262.9M | -268.1M | -231.2M | -161.2M |
| Operating margin | -1.4K% | -730.2% | 40.3% | -422.9% | -77.1% | 34% | -233.2% | -297.1% | -277.5% | -94.6% |
| Non-operating income, net | 1.9M | 2.7M | 7.1M | 48.6M | 9.7M | 6.8M | 5.4M | 11.3M | 16.6M | 12.2M |
| Pretax income | -63.4M | -73.2M | 104.1M | -97.5M | -106M | 141.2M | -280.4M | -263.6M | -227.1M | -193.9M |
| Income tax | -435K | 0 | 4.2M | -2.8M | 5.2M | 13.4M | -84K | -152K | 0 | — |
| Net income | -63M | -73.2M | 99.9M | -94.7M | -111.3M | 127.8M | -280.3M | -263.5M | -227.1M | -193.9M |
| Net margin | -1.4K% | -704% | 45.7% | -268.9% | -72% | 27.2% | -248.7% | -292% | -272.5% | -113.8% |
| EBITDA | -66.7M | -75.9M | 101M | -138.9M | -106.6M | 170.3M | -249.6M | -250.8M | -214.9M | -145.5M |
| EPS | -2.38 | -2.45 | 2.99 | -2.58 | -2.98 | 3.01 | -6.5 | -6.02 | -4.59 | -3.76 |
| Diluted EPS | -2.38 | -2.45 | 2.73 | -2.58 | -2.98 | 2.91 | -6.5 | -6.02 | -4.59 | -3.76 |
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 | 28.9M | 22.2M | 15.6M | 22.3M | 24.2M | 21.2M | 89M | 21.4M | 29.7M | 30.3M | 6.4M | 108M |
| Cost of revenue | 12.4M | 11.2M | 4.3M | 10.6M | 12.4M | 6.3M | 3.4M | 5.2M | 5.7M | 5.9M | 11.1M | 1M |
| Gross profit | 16.5M | 11M | 11.3M | 11.7M | 11.8M | 14.9M | 85.6M | 16.1M | 24M | 24.4M | -4.7M | 107M |
| Gross margin | 57.2% | 49.4% | 72.6% | 52.5% | 48.8% | 70.2% | 96.1% | 75.6% | 80.7% | 80.5% | -73.2% | 99% |
| Research & development | 58.2M | 55.7M | 54.8M | 48.9M | 54.4M | 50.4M | 53.1M | 59.5M | 56.1M | 59.6M | 57.3M | 56.1M |
| Selling, general & administrative | 23.1M | 19.1M | 18.3M | 18.9M | 19.4M | 20.1M | 20.3M | 19.9M | 20.3M | 22.4M | 21.3M | 21.6M |
| Operating expenses | 81.5M | 74.9M | 73.1M | 67.8M | 73.9M | 71.3M | 73.4M | 79.4M | 76.4M | 82M | 78.7M | 77.7M |
| Operating income | -65M | -63.9M | -61.8M | -56M | -62.1M | -51.4M | 12.1M | -63.3M | -52.4M | -57.6M | -83.4M | 29.3M |
| Operating margin | -224.7% | -287.7% | -395.4% | -251.3% | -256.6% | -242.1% | 13.6% | -296.3% | -176.3% | -190% | -1.3K% | 27.1% |
| Non-operating income, net | 4.7M | 2.4M | 368K | 3.5M | 3.3M | 9.5M | 2.5M | 3.4M | 3.6M | 2.7M | 2M | 1.2M |
| Pretax income | -61.9M | -63M | -63.3M | -53M | -59.6M | -51.2M | 6.1M | -70.9M | -61.9M | -67.1M | -90.1M | 22.7M |
| Income tax | 0 | -152K | — | — | — | — | — | — | — | — | — | — |
| Net income | -61.9M | -62.9M | -63.3M | -53M | -59.6M | -51.2M | 6.1M | -70.9M | -61.9M | -67.1M | -90.1M | 22.7M |
| Net margin | -214% | -283.1% | -405.4% | -237.7% | -246.3% | -241.3% | 6.83% | -331.8% | -208.3% | -221.3% | -1.4K% | 21% |
| EBITDA | -60.5M | -59.7M | -57.5M | -52M | -58.1M | -47.3M | 16.1M | -59.4M | -48.5M | -53.7M | -79.5M | 33M |
| EPS | -1.41 | — | -1.38 | -1.05 | -1.17 | -1.01 | 0.12 | -1.38 | -1.2 | -1.3 | -1.72 | 0.43 |
| Diluted EPS | -1.41 | — | -1.38 | -1.05 | -1.17 | -1.01 | 0.12 | -1.38 | -1.2 | -1.3 | -1.72 | 0.43 |
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 | — | — | — | 1.5B | 1.7B | — | 978.7M | 785M | — | 742.7M | 493.1M |
| Enterprise value | — | — | — | 1.2B | 1.3B | — | 708.8M | 599.1M | — | 586.1M | 633.4M |
| Shares outstanding | 26.4M | 29.9M | 33.4M | 36.7M | 37.3M | 42.4M | 43.2M | 43.7M | 49.5M | 51.6M | 51.6M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -1.99 |
| P/S | — | — | — | 42.7 | 10.9 | — | 8.68 | 8.7 | — | 4.36 | 2.75 |
| P/B | — | — | — | 3.34 | 4.48 | — | 1.9 | 2.52 | — | 7.23 | 5.49 |
| EV/EBITDA | — | — | — | -8.77 | -12.1 | — | -2.84 | -2.39 | — | -4.03 | -4.26 |
| EV/Sales | — | — | — | 34.6 | 8.33 | — | 6.29 | 6.64 | — | 3.44 | 3.63 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -50.3% |
| FCF yield | — | — | — | -7.94% | -4.79% | — | -24.3% | -29.1% | — | -17% | -37.4% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.02 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 79.1% | 83.6% | 95.6% | 76.6% | 76.9% | 89% | 51.6% | 58.8% | 59.7% | 88.1% | 99% |
| Operating margin | -1.4K% | -730.2% | 40.3% | -422.9% | -77.1% | 34% | -233.2% | -297.1% | -277.5% | -94.6% | 27.1% |
| Net margin | -1.4K% | -704% | 45.7% | -268.9% | -72% | 27.2% | -248.7% | -292% | -272.5% | -113.8% | -112.6% |
| ROE | -38.9% | -40% | 19.6% | -21% | -29.5% | 16.7% | -54.3% | -84.5% | -87.5% | -188.7% | -137.6% |
| ROA | -36.5% | -36.8% | 18.4% | -19% | -15.7% | 11.5% | -33.6% | -45.9% | -48.7% | -42.8% | -21.2% |
| ROIC | -90.5% | -341% | 43.4% | -90.1% | 470.6% | 36.8% | -106.7% | -213.2% | -216.1% | — | — |
| Return on tangible assets | -36.5% | -36.8% | 18.4% | -19% | -15.7% | 11.5% | -33.6% | -45.9% | -48.7% | -42.8% | -50.8% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 9.66 | 11.6 | 15.2 | 10.2 | 6.52 | 3.98 | 3.19 | 2.57 | 2.69 | 2.38 | 2.86 |
| Quick ratio | 9.66 | 11.6 | 15.2 | 10.2 | 6.52 | 3.98 | 3.19 | 2.57 | 2.69 | 2.38 | 2.86 |
| Debt / equity | — | 0 | 0.01 | 0.03 | 0.19 | 0.11 | 0.18 | 0.29 | 0.32 | 0.72 | 3.49 |
| Debt / assets | — | 0 | 0.01 | 0.02 | 0.1 | 0.08 | 0.11 | 0.16 | 0.18 | 0.16 | 0.18 |
| Net debt / EBITDA | — | 2.12 | -3.11 | 2.05 | 3.78 | -2.18 | 1.08 | 0.74 | 0.71 | 1.08 | 0.25 |
| Interest coverage | — | — | — | — | -136.5 | 6.38 | -11.1 | -37.4 | -16.9 | -3.31 | -3.68 |
| Effective tax rate | 0% | 0% | 4.01% | 0% | 0% | 9.49% | 0% | 0% | 0% | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.17 | 0.35 | 6.54 | 0.96 | 4.15 | 11.1 | 2.61 | 2.06 | 1.68 | 3.3 | 3.34 |
| EPS (basic) | -2.38 | -2.45 | 2.99 | -2.58 | -2.98 | 3.01 | -6.5 | -6.02 | -4.59 | -3.76 | -3.76 |
| EPS (diluted) | -2.38 | -2.45 | 2.73 | -2.58 | -2.98 | 2.91 | -6.5 | -6.02 | -4.59 | -3.76 | -3.78 |
| Book value per share | 6.12 | 6.13 | 15.2 | 12.3 | 10.1 | 18 | 12 | 7.13 | 5.24 | 1.99 | 1.32 |
| FCF per share | -2.15 | -2.18 | 2.73 | -3.25 | -2.17 | 3.17 | -5.52 | -5.22 | -3.55 | -2.45 | -4.71 |
| Cash per share | 3.39 | 5.38 | 9.57 | 8.07 | 12.8 | 10.8 | 8.45 | 6.29 | 4.74 | 4.46 | 1.6 |
| Capex per share | 0.31 | 0.24 | 0.4 | 0.32 | 0.72 | 1.98 | 0.71 | 0.23 | 0.05 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 177.6% | 68.9% | 6.08% | 33.3% | 17.4% | 17.9% | 27.3% | 11% | 2.92% | — | — |
| Capex / operating cash flow | -15.2% | -12.4% | 13.7% | -15.7% | -39% | 42.3% | -16% | -4.55% | -1.59% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | $3.01 | — | — | $470.3M | — |
| FY20 | — | -$2.98 | — | — | $154.6M | — |
| FY19 | — | -$2.58 | — | — | $35.2M | — |
| FY18 | — | $2.99 | — | — | $218.5M | — |
| FY17 | — | -$2.45 | — | — | $10.4M | — |
| FY16 | — | -$2.38 | — | — | $4.6M | — |
| 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 | $28.9M | $22.2M | $15.6M | $22.3M | $24.2M | $21.2M | $89M | $21.4M | $29.7M | $30.3M | $6.4M | $108M |
| YoY change | +9.06% | -29.1% | -18.4% | +11.6% | -16.3% | -4.5% | +469.8% | -4.2% | +22.9% | +43% | -92.8% | +405.7% |
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 | 89.6M | 160.8M | 319.8M | 296.2M | 475.7M | 457.4M | 364.6M | 275.3M | 234.7M | 230.1M |
| Receivables | 1M | 473K | 8.6M | 376K | 30.6M | 365K | 280K | 265K | 65K | 557K |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 93.4M | 168M | 337.9M | 345M | 531.2M | 518.8M | 416M | 335M | 278M | 281.3M |
| Property, plant & equipment | 9.3M | 14M | 28.7M | 39.1M | 120.3M | 192.5M | 206.8M | 192.6M | 171.3M | 152M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — |
| Total assets | 172.7M | 198.7M | 543.8M | 497.9M | 708.2M | 1.1B | 833.3M | 574M | 466M | 453M |
| Accounts payable | 1.5M | 4.8M | 4.4M | 6.4M | 10.6M | 11.4M | 27.2M | 22.8M | 22.8M | 21.4M |
| Short-term debt | — | — | — | 2.4M | 2.5M | 1.8M | 6M | 7.1M | 7.9M | 8.3M |
| Total current liabilities | 9.7M | 14.4M | 22.2M | 33.7M | 81.4M | 130.5M | 130.4M | 130.3M | 103.2M | 118.1M |
| Long-term debt | — | 0 | 5.9M | 8.9M | 70.2M | 84.9M | 88.8M | 82.2M | 74.1M | 65.2M |
| Total liabilities | 11M | 15.6M | 35M | 47.7M | 330.4M | 349.6M | 317.1M | 262.2M | 206.3M | 350.3M |
| Shareholders' equity | 161.7M | 183M | 508.8M | 450.2M | 377.8M | 764.3M | 516.2M | 311.7M | 259.7M | 102.7M |
| Total debt | — | 0 | 5.9M | 11.3M | 72.7M | 86.7M | 94.8M | 89.3M | 82M | 73.5M |
| Net debt | — | -46.7M | -69.7M | -58.2M | -265.8M | -258.5M | -2.2M | 54.8M | 24.5M | 39M |
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 | 301.9M | 275.3M | 338.7M | 290.4M | 255.5M | 234.7M | 267.9M | 323.3M | 274.2M | 230.1M | 150.5M | 105.5M |
| Receivables | 92K | 265K | 4.8M | 5.1M | 5M | 65K | 219K | 60K | 20K | 557K | 2.8M | 100.4M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 365.8M | 335M | 395.4M | 346.7M | 313.4M | 278M | 313.2M | 373.8M | 332M | 281.3M | 186.5M | 236.2M |
| Property, plant & equipment | 197.3M | 192.6M | 185.2M | 180.3M | 175.8M | 171.3M | 166.6M | 161.5M | 156.3M | 152M | 147.4M | 142.3M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 633.8M | 574M | 629.2M | 569.4M | 519.1M | 466M | 490.9M | 581M | 525.2M | 453M | 341.9M | 386.6M |
| Accounts payable | 21.9M | 22.8M | 31.4M | 16.4M | 19.5M | 22.8M | 19M | 21.7M | 22.3M | 21.4M | 21.2M | 15.5M |
| Short-term debt | 6.6M | 7.1M | 7.1M | 7.3M | 7.7M | 7.9M | 7.9M | 8M | 9.1M | 8.3M | 7.9M | 7.4M |
| Total current liabilities | 127.3M | 130.3M | 110.2M | 98.3M | 102.7M | 103.2M | 106.7M | 119.5M | 124.6M | 118.1M | 71.1M | 82.6M |
| Long-term debt | 84.1M | 82.2M | 80.2M | 78.2M | 76.3M | 74.1M | 71.9M | 69.6M | 67.4M | 65.2M | 63.2M | 61.6M |
| Total liabilities | 270.7M | 262.2M | 238.5M | 221.1M | 217.7M | 206.3M | 216.7M | 367.3M | 363.8M | 350.3M | 320.8M | 314.9M |
| Shareholders' equity | 363.1M | 311.7M | 390.7M | 348.3M | 301.4M | 259.7M | 274.2M | 213.7M | 161.5M | 102.7M | 21.1M | 71.8M |
| Total debt | 90.7M | 89.3M | 87.2M | 85.5M | 84.1M | 82M | 79.8M | 77.7M | 76.5M | 73.5M | 71.1M | 69M |
| Net debt | 37.7M | 54.8M | -25.7M | 27.8M | 27.4M | 24.5M | -50.3M | -1.9M | 17.7M | 39M | 55.8M | 32.5M |
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 | -63M | -73.2M | 99.9M | -94.7M | -111.3M | 127.8M | -280.3M | -263.5M | -227.1M | -193.9M |
| Depreciation & amortization | 544K | 2.7M | 4M | 7.2M | 8.4M | 9.6M | 12.9M | 17.3M | 16.2M | 15.6M |
| Stock-based compensation | 7M | 10.6M | 16.6M | 26.9M | 31.9M | 38.8M | 40.8M | 40.3M | 38.5M | 34.6M |
| Change in working capital | 2.1M | 2.6M | -15M | -11.2M | 3.2M | 18.6M | 34.7M | -12.7M | 12.2M | 14.4M |
| Operating cash flow | -53.7M | -57.7M | 96.7M | -74.6M | -68.9M | 199.1M | -191.5M | -218.7M | -152.8M | -124M |
| Capital expenditure | -8.1M | -7.2M | -13.3M | -11.7M | -26.9M | -84.2M | -30.7M | -10M | -2.4M | — |
| Investing cash flow | 19.2M | -4.8M | -279.4M | 93.6M | 122.8M | -406.6M | -11.9M | 190.9M | 103.4M | -13.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -60K | 82.1M | 189.9M | 1.3M | 194.6M | 191M | -31.6M | -36.5M | 91.2M | 116.5M |
| Net change in cash | -34.6M | 19.6M | 7.3M | 20.2M | 248.5M | -16.5M | -235.1M | -64.3M | 41.8M | -21M |
| Free cash flow | -56.7M | -65.2M | 91.4M | -119.4M | -80.9M | 134.7M | -238.2M | -228.4M | -175.6M | -126.4M |
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 | 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 | -61.9M | -62.9M | -63.3M | -53M | -59.6M | -51.2M | 6.1M | -70.9M | -61.9M | -67.1M | -90.1M | 22.7M |
| Depreciation & amortization | 4.4M | 4.3M | 4.2M | 4.1M | 4M | 4M | 4M | 3.9M | 3.9M | 3.9M | 3.9M | 3.8M |
| Stock-based compensation | 10.2M | 8.3M | 9.6M | 9.4M | 9.9M | 9.5M | 8.5M | 8.7M | 9M | 8.4M | 8.6M | 9.1M |
| Change in working capital | 1.9M | 7.2M | 8M | -17.1M | 947K | 20.4M | 32.9M | -4.7M | -11M | -2.9M | 14.8M | -104.1M |
| Operating cash flow | -44.6M | -42.6M | -40.9M | -56.9M | -42.6M | -10.2M | 50.1M | -49.3M | -56M | -52.3M | -76.2M | -62.2M |
| Capital expenditure | -1.4M | -1.1M | -557K | -474K | -326K | -1.1M | -1M | — | — | — | — | — |
| Investing cash flow | 38.7M | 34M | 13.2M | -268K | 50.3M | 40.3M | 44.7M | -140M | 42.8M | 38M | 71.8M | 66.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -4.9M | -12.2M | 119.8M | -9.6M | -11.3M | -7.8M | -5.9M | -5.4M | -7.1M | -9.7M | -13.8M | 17.5M |
| Net change in cash | -10.8M | -20.8M | 92.1M | -66.8M | -3.6M | 22.3M | 88.9M | -194.8M | -20.3M | -23.9M | -18.1M | 22M |
| Free cash flow | -50.8M | -41.9M | -56M | -46M | -40.9M | -32.7M | 32.6M | -49.7M | -56.5M | -52.8M | -77.4M | -63M |