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 | $0.35 | $0.44 | +25.7% | — | $210.9M | — |
| Q1 26 | $0.3 | $0.36 | +20.0% | — | $209.7M | — |
| Q3 25 | $0.46 | $0.57 | +23.9% | — | $218M | — |
| Q2 25 | $0.44 | $0.58 | +31.8% | — | $214.2M | — |
| Q1 25 | $0.34 | $0.49 | +44.1% | — | $210.3M | — |
| Q4 24 | $0.5 | $0.48 | -4.0% | — | $216.3M | — |
| Q3 24 | $0.52 | $0.66 | +26.9% | — | $214.7M | — |
| Q2 24 | $0.52 | $0.58 | +11.5% | — | $208M | — |
| Q1 24 | $0.54 | $0.55 | +1.9% | — | $205.1M | — |
| Q4 23 | $0.48 | $0.72 | +50.0% | — | $205.3M | — |
| Q3 23 | $0.42 | $0.5 | +19.0% | — | $198.8M | — |
| Q2 23 | $0.11 | $0.18 | +63.6% | — | $190.4M | — |
| Q1 23 | $0.09 | $0.16 | +77.8% | — | $183.2M | — |
| Q4 22 | $0.18 | $0.35 | +94.4% | — | $184.5M | — |
| Q3 22 | $0.06 | $0.14 | +133.3% | — | $175.8M | — |
| Q2 22 | -$0.03 | -$0.01 | +66.7% | — | $167.5M | — |
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 | — | $0.36 | — | — | $859.8M | — |
| FY24 | — | $0.41 | — | — | $844M | — |
| FY23 | — | -$2.46 | — | — | $777.7M | — |
| FY22 | — | -$2.13 | — | — | $685.1M |
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 | $157.4M | $200.9M | $244.1M | $326.9M | $411.5M | $535.4M | $685.1M | $777.7M | $844M | $859.8M |
| YoY change | +42.4% | +27.6% | +21.5% | +33.9% | +25.9% | +30.1% | +28% | +13.5% | +8.53% | +1.87% |
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 | 157.4M | 200.9M | 244.1M | 326.9M | 411.5M | 535.4M | 685.1M | 777.7M | 844M | 859.8M |
| Cost of revenue | 39.7M | 56.9M | 71.1M | 91.1M | 121.5M | 168.9M | 214.3M | 231.7M | 251M | 255M |
| Gross profit | 117.7M | 144M | 173M | 235.8M | 290M | 366.5M | 470.7M | 546M | 593M | 604.8M |
| Gross margin | 74.8% | 71.7% | 70.9% | 72.1% | 70.5% | 68.4% | 68.7% | 70.2% | 70.3% | 70.3% |
| Research & development | 48M | 50.9M | 67.7M | 79.4M | 108.6M | 160.8M | 190M | 176.8M | 173.1M | 190.7M |
| Selling, general & administrative | 118.8M | 141.9M | 158.3M | 202.4M | 255.5M | 325.7M | 392.4M | 396.9M | 384.8M | 402.5M |
| Operating expenses | 166.8M | 192.8M | 226M | 281.8M | 364.1M | 486.5M | 582.3M | 573.7M | 557.9M | 593.2M |
| Operating income | -49M | -48.8M | -53M | -46M | -74.1M | -120.1M | -111.6M | -27.7M | 35M | 11.6M |
| Operating margin | -31.2% | -24.3% | -21.7% | -14.1% | -18% | -22.4% | -16.3% | -3.56% | 4.15% | 1.35% |
| Non-operating income, net | -109K | 313K | -336K | -433K | -81K | -1.9M | -1.5M | -67.5M | -3.7M | 6M |
| Pretax income | -49M | -47.7M | -55.1M | -53.8M | -96.9M | -135.9M | -122.3M | -149.8M | 41.5M | 30.2M |
| Income tax | -27K | -2.2M | 466K | 42K | 2M | 10.4M | 2.4M | -518K | 15.9M | 6.8M |
| Net income | -49M | -45.5M | -55.5M | -53.8M | -98.8M | -146.3M | -124.7M | -149.3M | 25.5M | 23.4M |
| Net margin | -31.1% | -22.6% | -22.8% | -16.5% | -24% | -27.3% | -18.2% | -19.2% | 3.02% | 2.72% |
| EBITDA | -42.1M | -40M | -39M | -23.9M | -50.1M | -88.1M | -70.3M | 13.9M | 97.3M | 86.1M |
| EPS | -1.19 | -1.06 | -1.2 | -1.1 | -1.94 | -2.65 | -2.13 | -2.46 | 0.41 | 0.36 |
| Diluted EPS | -1.19 | -1.06 | -1.2 | -1.1 | -1.94 | -2.65 | -2.13 | -2.46 | 0.4 | 0.36 |
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 | 198.8M | 205.3M | 205.1M | 208M | 214.7M | 216.3M | 210.3M | 214.2M | 218M | 217.4M | 209.7M | 210.9M |
| Cost of revenue | 57.8M | 59.7M | 60.9M | 60.8M | 63M | 66.3M | 59.5M | 63.1M | 65M | 67.5M | 64.7M | 65.5M |
| Gross profit | 141M | 145.5M | 144.2M | 147.1M | 151.6M | 150M | 150.8M | 151.1M | 153M | 149.9M | 144.9M | 145.3M |
| Gross margin | 70.9% | 70.9% | 70.3% | 70.7% | 70.6% | 69.4% | 71.7% | 70.6% | 70.2% | 68.9% | 69.1% | 68.9% |
| Research & development | 39.9M | 39.7M | 41M | 40.1M | 44.6M | 47.5M | 47.9M | 47.2M | 46.9M | 48.6M | 48.4M | 47.1M |
| Selling, general & administrative | 93.6M | 92.6M | 92.6M | 100.2M | 93.1M | 98.9M | 100.9M | 98.5M | 98.8M | 104.4M | 95.9M | 92.3M |
| Operating expenses | 133.5M | 132.4M | 133.6M | 140.3M | 137.7M | 146.4M | 148.8M | 145.7M | 145.7M | 153M | 144.3M | 139.4M |
| Operating income | 7.5M | 13.2M | 10.6M | 6.9M | 14M | 3.6M | -101K | 3.5M | 5.9M | 2.3M | -558K | 4.7M |
| Operating margin | 3.78% | 6.41% | 5.15% | 3.31% | 6.5% | 1.68% | -0.05% | 1.63% | 2.71% | 1.05% | -0.27% | 2.23% |
| Non-operating income, net | -28.1M | 1.3M | -1.4M | -695K | 2.8M | -4.4M | 1.8M | 4M | -173K | 444K | -726K | -1.8M |
| Pretax income | -74.5M | 16M | 11.2M | 8.7M | 19.5M | 2M | 4.8M | 10.3M | 9.3M | 5.7M | 1.8M | 5.9M |
| Income tax | 2.1M | -4.1M | 8.9M | 538K | 3M | 3.5M | 2.7M | 2M | -497K | 2.6M | 700K | -210K |
| Net income | -76.6M | 20M | 2.3M | 8.2M | 16.6M | -1.5M | 2.1M | 8.3M | 9.8M | 3.1M | 1.1M | 6.1M |
| Net margin | -38.5% | 9.77% | 1.1% | 3.94% | 7.71% | -0.68% | 1% | 3.89% | 4.5% | 1.44% | 0.54% | 2.88% |
| EBITDA | 17.2M | 32.3M | 25.2M | 22.3M | 33.6M | 16.3M | 19.1M | 24.4M | 23.1M | 19.5M | 15.5M | 21.3M |
| EPS | -1.25 | 0.33 | 0.04 | 0.13 | 0.26 | 0.03 | 0.03 | 0.13 | 0.15 | 0.05 | 0.02 | 0.09 |
| Diluted EPS | -1.25 | 0.27 | 0.03 | 0.11 | 0.22 | 0.03 | 0.03 | 0.13 | 0.15 | 0.05 | 0.02 | 0.09 |
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 | — | 801.5M | 1.4B | 2.7B | 4.6B | 6.5B | 2B | 3.5B | 2.5B | 983.9M | 795.3M |
| Enterprise value | — | 710.8M | 1.4B | 2.8B | 4.8B | 7.2B | 2.6B | 4.1B | 3B | 1.5B | 1B |
| Shares outstanding | 41.2M | 43M | 46.5M | 48.7M | 51M | 55.3M | 58.6M | 60.8M | 62.6M | 64.7M | 64.7M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 98.7 | 42.1 | 37.5 |
| P/S | — | 3.99 | 5.93 | 8.35 | 11.2 | 12.1 | 2.9 | 4.46 | 2.98 | 1.14 | 0.92 |
| P/B | — | 33.2 | 16.6 | 32.8 | 64.3 | -51.6 | -16.6 | -29.4 | 142.2 | 6.36 | 3.98 |
| EV/EBITDA | — | -17.8 | -34.9 | -115.3 | -94.9 | -81.6 | -37.2 | 296.3 | 31 | 17.2 | 17.9 |
| EV/Sales | — | 3.54 | 5.59 | 8.43 | 11.6 | 13.4 | 3.81 | 5.29 | 3.57 | 1.72 | 1.22 |
| Earnings yield | — | — | — | — | — | — | — | — | 1.01% | 2.38% | 2.67% |
| FCF yield | — | 0.91% | -0.69% | -1.35% | -0.33% | 0.54% | 2.04% | 2.42% | 6.12% | 13.2% | 16.8% |
| PEG | — | — | — | — | — | — | — | — | — | — | -1.22 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 74.8% | 71.7% | 70.9% | 72.1% | 70.5% | 68.4% | 68.7% | 70.2% | 70.3% | 70.3% | 68.9% |
| Operating margin | -31.2% | -24.3% | -21.7% | -14.1% | -18% | -22.4% | -16.3% | -3.56% | 4.15% | 1.35% | 2.27% |
| Net margin | -31.1% | -22.6% | -22.8% | -16.5% | -24% | -27.3% | -18.2% | -19.2% | 3.02% | 2.72% | 2.35% |
| ROE | -116.6% | -188.3% | -63.6% | -64.7% | -138.2% | 116.1% | 103.9% | 126.3% | 144.1% | 15.1% | 14% |
| ROA | -20.1% | -16% | -9.93% | -8.1% | -10.8% | -11.3% | -9.18% | -9.92% | 1.55% | 1.35% | 0.49% |
| ROIC | 164.1% | 73.3% | -1.6K% | -42.5% | -33.2% | -21.3% | -22.2% | -5.3% | 4.2% | 1.38% | 2.39% |
| Return on tangible assets | -65.2% | -53.8% | -16.6% | -13.1% | -24.9% | -345.8% | -99.6% | -61.3% | 7.73% | 5.25% | 4.68% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.89 | 0.91 | 1.51 | 1.27 | 1.34 | 0.92 | 0.96 | 1.11 | 1.25 | 1.28 | 0.8 |
| Quick ratio | 0.89 | 0.91 | 1.51 | 1.27 | 1.34 | 0.92 | 0.96 | 1.11 | 1.25 | 1.28 | 0.8 |
| Debt / equity | — | — | 2 | 3.18 | 6.49 | -7.24 | -7.61 | -8.67 | 57.5 | 6.26 | 4.89 |
| Debt / assets | — | — | 0.31 | 0.4 | 0.51 | 0.7 | 0.67 | 0.68 | 0.62 | 0.56 | 0.55 |
| Net debt / EBITDA | — | — | 2.15 | -1.05 | -3.02 | -7.82 | -8.86 | 46.2 | 5.1 | 5.74 | 3.26 |
| Interest coverage | -231.4 | -547.3 | -10.2 | -3.02 | -3.01 | -8.51 | -10.1 | -1.31 | 4.78 | 3.89 | 3.23 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 38.4% | 22.5% | 11.4% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.82 | 4.68 | 5.25 | 6.71 | 8.06 | 9.69 | 11.7 | 12.8 | 13.5 | 13.3 | 13 |
| EPS (basic) | -1.19 | -1.06 | -1.2 | -1.1 | -1.94 | -2.65 | -2.13 | -2.46 | 0.41 | 0.36 | 0.36 |
| EPS (diluted) | -1.19 | -1.06 | -1.2 | -1.1 | -1.94 | -2.65 | -2.13 | -2.46 | 0.4 | 0.36 | 0.31 |
| Book value per share | 1.02 | 0.56 | 1.88 | 1.71 | 1.4 | -2.28 | -2.05 | -1.95 | 0.28 | 2.39 | 2.92 |
| FCF per share | 0.11 | 0.17 | -0.22 | -0.76 | -0.29 | 0.63 | 0.69 | 1.38 | 2.46 | 2.01 | 1.89 |
| Cash per share | 1.74 | 2.11 | 5.57 | 4.92 | 6.12 | 4.04 | 4.98 | 6.31 | 8.33 | 7.33 | 10.4 |
| Capex per share | 0.11 | 0.11 | 0.28 | 0.6 | 0.27 | 0.16 | 0.35 | 0.07 | 0.05 | 0.25 | 0.24 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.86% | 2.4% | 5.25% | 9% | 3.35% | 1.68% | 2.98% | 0.56% | 0.41% | 1.87% | 1.9% |
| Capex / operating cash flow | 44.7% | 79.6% | -1.1K% | 391.7% | 265.3% | 23.7% | 26.6% | 7.31% | 1.92% | 10.5% | 10.6% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$2.65 | — | — | $535.4M | — |
| FY20 | — | -$1.94 | — | — | $411.5M | — |
| FY19 | — | -$1.1 | — | — | $326.9M | — |
| FY18 | — | -$1.2 | — | — | $244.1M | — |
| FY17 | — | -$1.06 | — | — | $200.9M | — |
| FY16 | — | -$1.19 | — | — | $157.4M | — |
| 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 | $198.8M | $205.3M | $205.1M | $208M | $214.7M | $216.3M | $210.3M | $214.2M | $218M | $217.4M | $209.7M | $210.9M |
| YoY change | +13.1% | +11.3% | +12% | +9.23% | +7.95% | +5.36% | +2.51% | +2.98% | +1.54% | +0.52% | -0.27% | -1.55% |
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 | 71.9M | 90.7M | 258.8M | 239.6M | 312.5M | 223.4M | 291.4M | 383.2M | 521.7M | 474.7M |
| Receivables | 49.2M | 73.7M | 74.9M | 87.9M | 111.6M | 146.1M | 152M | 164.9M | 168.2M | 167M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 130.2M | 173.3M | 355.8M | 364.6M | 473.4M | 432.7M | 510.3M | 634.5M | 786.1M | 737.3M |
| Property, plant & equipment | 8.1M | 8.6M | 17.5M | 111.7M | 120.3M | 134M | 137.2M | 94.3M | 81.1M | 77.5M |
| Goodwill & intangibles | 168.1M | 199.6M | 224.8M | 252.9M | 515.8M | 1.3B | 1.2B | 1.3B | 1.3B | 1.3B |
| Total assets | 243.3M | 284.1M | 559.4M | 664.9M | 913.1M | 1.3B | 1.4B | 1.5B | 1.7B | 1.7B |
| Accounts payable | 4M | 2.2M | 7M | 6.8M | 3.9M | 3.5M | 10.3M | 15.8M | 18.9M | 11M |
| Short-term debt | — | — | — | 7.2M | 9.6M | 9.6M | 12.4M | 13.5M | 61.4M | 16.2M |
| Total current liabilities | 145.6M | 189.5M | 235M | 286.7M | 353.7M | 468.7M | 531.3M | 569.8M | 630.2M | 575.4M |
| Long-term debt | — | — | 174.7M | 257.5M | 454.3M | 902.9M | 901.9M | 1B | 956.8M | 952.2M |
| Total liabilities | 201.3M | 260M | 472.1M | 581.7M | 841.6M | 1.4B | 1.5B | 1.6B | 1.6B | 1.6B |
| Shareholders' equity | 42M | 24.2M | 87.3M | 83.2M | 71.5M | -126M | -120.1M | -118.2M | 17.7M | 154.7M |
| Total debt | — | — | 174.7M | 264.7M | 463.9M | 912.6M | 914.3M | 1B | 1B | 968.4M |
| Net debt | — | — | 75.1M | 141.3M | 290.3M | 748M | 707.1M | 810.9M | 683.5M | 721.7M |
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 | 322.2M | 383.2M | 411.7M | 442.6M | 443.7M | 521.7M | 493.5M | 511.7M | 407.1M | 474.7M | 670.3M | 702.6M |
| Receivables | 137.7M | 164.9M | 124.6M | 143.7M | 141.9M | 168.2M | 140.5M | 150.7M | 141.3M | 167M | 135.1M | 141.3M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 535.8M | 634.5M | 625.9M | 674.4M | 672.6M | 786.1M | 732.6M | 754.5M | 635M | 737.3M | 900.3M | 931.2M |
| Property, plant & equipment | 95.7M | 94.3M | 90.3M | 85.5M | 84.7M | 81.1M | 78.1M | 73.3M | 79.5M | 77.5M | 74.7M | 70.7M |
| Goodwill & intangibles | 1.3B | 1.3B | 1.3B | 1.2B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Total assets | 1.4B | 1.5B | 1.5B | 1.5B | 1.6B | 1.7B | 1.6B | 1.6B | 1.7B | 1.7B | 1.7B | 1.7B |
| Accounts payable | 9M | 15.8M | 11.5M | 12.8M | 6M | 18.9M | 12.3M | 15.9M | 15.6M | 11M | 12.3M | 14.1M |
| Short-term debt | 12.5M | 13.5M | 14.3M | 61.3M | 61.7M | 61.4M | 59.6M | 15.2M | 16M | 16.2M | 615.5M | 616.2M |
| Total current liabilities | 507.6M | 569.8M | 524.1M | 578.6M | 573.6M | 630.2M | 589.2M | 555.9M | 535M | 575.4M | 1.2B | 1.2B |
| Long-term debt | 1B | 1B | 1B | 959.7M | 959.9M | 956.8M | 954.8M | 952.5M | 954.8M | 952.2M | 349.7M | 345.5M |
| Total liabilities | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.5B | 1.6B | 1.5B | 1.5B |
| Shareholders' equity | -161.6M | -118.2M | -86.4M | -52.9M | -6.3M | 17.7M | 52.7M | 90.4M | 127.2M | 154.7M | 174.8M | 196.7M |
| Total debt | 1B | 1B | 1B | 1B | 1B | 1B | 1B | 967.6M | 970.8M | 968.4M | 965.2M | 961.6M |
| Net debt | 839.7M | 810.9M | 823.6M | 784.1M | 799M | 683.5M | 722.9M | 706.3M | 840.2M | 721.7M | 621.9M | 536M |
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 | -49M | -45.5M | -55.5M | -53.8M | -98.8M | -146.3M | -124.7M | -149.3M | 25.5M | 23.4M |
| Depreciation & amortization | 6.7M | 7.6M | 11.1M | 16.5M | 22.6M | 33.5M | 41M | 45.9M | 44.9M | 45.4M |
| Stock-based compensation | 17.3M | 19.5M | 27.6M | 40.7M | 63.9M | 102.6M | 119.9M | 108.1M | 108M | 104.3M |
| Change in working capital | 34.7M | 27M | 12.4M | -6.3M | -3.1M | 39.2M | 38M | 2.1M | -3.4M | -15.4M |
| Operating cash flow | 10.1M | 6.1M | -1.2M | 7.5M | 5.2M | 38.1M | 76.7M | 59.7M | 178.7M | 153.8M |
| Capital expenditure | -4.5M | -4.8M | -12.8M | -29.4M | -13.8M | -9M | -20.4M | -4.4M | -3.4M | -16.1M |
| Investing cash flow | -43.5M | -21.3M | -190.5M | 22.9M | -150.2M | -315.5M | -22.8M | -162.9M | -32.4M | -201.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -5.5M | -1.5M | 224.9M | -7M | 186M | 250.5M | -7.8M | 65.2M | -5.2M | -54.8M |
| Net change in cash | -38.9M | -16.7M | 33.3M | 23.5M | 41.1M | -26.9M | 46M | -38M | 141.1M | -102.8M |
| Free cash flow | 4.6M | 7.3M | -10M | -36.9M | -15M | 35.1M | 40.7M | 84M | 154.1M | 130.1M |
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 | 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 | -76.6M | 20M | 2.3M | 9M | 19.1M | -1.5M | 2.1M | 8.3M | 9.8M | 3.1M | 1.1M | 6.1M |
| Depreciation & amortization | 11.6M | 11.4M | 11.3M | 10.9M | 11.2M | 11.4M | 11.7M | 11.4M | 11.2M | 11.2M | 11.2M | 11.2M |
| Stock-based compensation | 23.8M | 23.2M | 24.9M | 26.6M | 22.1M | 31.1M | 27.2M | 27.6M | 26.3M | 23.3M | 19.9M | 19.8M |
| Change in working capital | -15.7M | 7.6M | 16M | -21.7M | -13.1M | 15.3M | 11.3M | -511K | -14.3M | -11.9M | 19.4M | -16.3M |
| Operating cash flow | -772K | 58.3M | 57.2M | 24.7M | 37.4M | 59.4M | 52.1M | 47.5M | 39M | 37.6M | 39.8M | 37M |
| Capital expenditure | -295K | -367K | -620K | -280K | -1.3M | -1.2M | -1.4M | -4.3M | -4M | -4.1M | -4.3M | -3.9M |
| Investing cash flow | -79.1M | -30.7M | -38.8M | 9.9M | -60.6M | 56.7M | -75.5M | -40.4M | -167.5M | 83.9M | 57.3M | 46.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -238M | -2.3M | -1.8M | -1.3M | -794K | -1.3M | -1.3M | -1.9M | -940K | -4.7M | -255K | -47K |
| Net change in cash | -317.8M | 25.3M | 16.6M | 33.3M | -24M | 114.8M | -24.7M | 5.3M | -129.5M | 116.8M | 96.9M | 83M |
| Free cash flow | -582K | 60.3M | 27.5M | 29.2M | 38.5M | 58.8M | 24.7M | 42.3M | 30.9M | 32.3M | 33.4M | 31.9M |