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 | $1.01 | $1.13 | +11.9% | — | $149.7M | — |
| Q1 26 | $1.24 | $1.43 | +15.3% | — | $135.5M | — |
| Q4 25 | $0.96 | $1.21 | +26.0% | — | $129.9M | — |
| Q3 25 | $0.65 | $0.71 | +9.2% | — | $116.8M | — |
| Q2 25 | $0.58 | $0.69 | +19.0% | — | — | — |
| Q1 25 | $0.2 | $1 | +400.0% | — | — | — |
| Q4 24 | $0.51 | $0.73 | +43.1% | — | — | — |
| Q3 24 | $0.15 | $0.49 | +226.7% | — | — | — |
| Q2 24 | $0.14 | $0.36 | +157.1% | — | — | — |
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 | — | $3.93 | — | — | $450.3M | — |
| FY24 | — | $2.33 | — | — | $271.1M | — |
| FY23 | — | $1.27 | — | — | $159.4M | — |
| FY22 | — | -$6.84 | — | — | $125.6M | — |
| FY21 | — | -$14.4 | — | — | $72.8M | — |
| FY20 | — | -$6.46 | — | — | $37.3M | — |
| FY19 | — | -$5.7 | — | — | $10.2M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $10.2M | $37.3M | $72.8M | $125.6M | $159.4M | $271.1M | $450.3M |
| YoY change | — | +266% | +95.3% | +72.5% | +26.9% | +70.1% | +66.1% |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | $116.8M | $129.9M | $135.5M | $149.7M |
| YoY change | — | — | — | — | — | — | — | — | — | — | — | — |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 10.2M | 37.3M | 72.8M | 125.6M | 159.4M | 271.1M | 450.3M |
| Cost of revenue | — | 14.3M | — | 92M | 85.6M | 103.1M | 134.8M |
| Gross profit | 10.2M | 23M | 72.8M | 33.6M | 73.8M | 168M | 315.5M |
| Gross margin | 100% | 61.7% | 100% | 26.7% | 46.3% | 62% | 70.1% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 8.4M | 28.3M | 15.9M | 35.4M | 20.6M | 21.1M | 49M |
| Operating expenses | 17.2M | 40.8M | 116.4M | 43.6M | 28.4M | 30.7M | 63.4M |
| Operating income | -7M | -17.8M | -43.6M | -39.4M | 22.2M | 82.2M | 162.8M |
| Operating margin | -68.9% | -47.7% | -59.9% | -31.4% | 13.9% | 30.3% | 36.1% |
| Non-operating income, net | 84K | 357.6K | -1.1M | 10M | 1.5M | -1.2M | 123K |
| Pretax income | -10.5M | -20.5M | -47.6M | -38M | 7.7M | 67.3M | 162.9M |
| Income tax | 7.6K | 19.6K | 37K | 69.4K | 611.5K | -11.2M | 29.8M |
| Net income | -10.5M | -20.5M | -47.7M | -38.1M | 7.1M | 78.5M | 133.1M |
| Net margin | -103.3% | -55.1% | -65.5% | -30.3% | 4.45% | 29% | 29.6% |
| EBITDA | -6.9M | -17.8M | -44.3M | -38.8M | 25M | 83.6M | 164.1M |
| EPS | -5.7 | -6.46 | -14.4 | -6.84 | 1.27 | 2.33 | 3.93 |
| Diluted EPS | -5.7 | -6.46 | -14.4 | -6.84 | 1.25 | 2.19 | 3.72 |
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 | — | — | — | — | — | — | — | — | 116.8M | 129.9M | 135.5M | 149.7M |
| Cost of revenue | — | — | — | — | — | — | — | — | 35.7M | 36.4M | 36.2M | 38.7M |
| Gross profit | — | — | — | — | — | — | — | — | 81.1M | 93.4M | 99.3M | 111M |
| Gross margin | — | — | — | — | — | — | — | — | 69.5% | 72% | 73.3% | 74.1% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 5.8M | 3.8M | 3M | 3.5M | 5.1M | 9.4M | 8.5M | 12.6M | 13.6M | 14.3M | 15.2M | 23.7M |
| Operating expenses | 5.8M | 3.8M | 3M | 3.5M | 5.1M | 9.4M | 8.5M | 12.6M | 17.3M | 18.2M | 19.6M | 28.7M |
| Operating income | — | — | — | — | — | — | — | — | 31.6M | 51.6M | 66M | 51.7M |
| Operating margin | — | — | — | — | — | — | — | — | 27.1% | 39.7% | 48.7% | 34.5% |
| Non-operating income, net | — | — | — | — | — | — | — | — | -6K | 17K | -32K | 1K |
| Pretax income | — | — | — | — | — | — | — | — | 31.6M | 51.6M | 66M | 51.7M |
| Income tax | — | — | — | — | — | — | — | — | 5M | 8.9M | 14.7M | 10.9M |
| Net income | — | — | — | — | — | — | — | — | 26.7M | 42.7M | 51.3M | 40.8M |
| Net margin | — | — | — | — | — | — | — | — | 22.8% | 32.9% | 37.9% | 27.2% |
| EBITDA | — | — | — | — | — | — | — | — | 32M | 52M | 66.5M | 52.2M |
| EPS | 0.23 | — | 0.23 | 0.88 | 0.47 | — | 1.07 | 0.82 | 0.78 | — | 1.52 | 1.21 |
| Diluted EPS | 0.23 | — | 0.22 | 0.82 | 0.44 | — | 1 | 0.78 | 0.75 | — | 1.47 | 1.17 |
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 | 25.5M | 22.2M | 53.4M | 48.8M | 68.3M | 67.6M | 73.2M | 64.1M |
| Receivables | 3.1M | 16M | 51.2M | 84.9M | 2.5M | 1.6M | 1.7M | 3.6M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 28.8M | 39.9M | 109.7M | 140.3M | 170.1M | 209M | 257.6M | 351.9M |
| Property, plant & equipment | 48.2K | 635.1K | 330.2K | 601.2K | 368.3K | 994.5K | 800.4K | 665K |
| Goodwill & intangibles | 330.9K | 608.8K | 681K | 1.2M | 2.6M | 3.8M | 4.9M | 6.7M |
| Total assets | 29M | 40.9M | 110.4M | 141.6M | 172.6M | 212.6M | 298.4M | 400.2M |
| Accounts payable | 1.5M | 8.4M | 38.6M | 61.2M | 83M | 74.1M | 69M | 56.4M |
| Short-term debt | 48.2K | 246.8K | 90.5K | 109K | 79.3K | 94.4M | 96.2K | 163K |
| Total current liabilities | 1.8M | 9.9M | 43.3M | 68.2M | 99.2M | 187.3M | 105.7M | 89.8M |
| Long-term debt | 2.8M | 475.6K | 932.2K | 49.5M | 64M | 1.2M | 104.8M | 140.7M |
| Total liabilities | 4.6M | 23.6M | 72.4M | 117.7M | 163.7M | 190.6M | 210.5M | 230.4M |
| Shareholders' equity | 24.4M | 17.3M | 38M | 24M | 8.8M | 22.1M | 87.8M | 169.8M |
| Total debt | 2.8M | 722.4K | 1M | 49.6M | 64.1M | 95.7M | 104.9M | 140.8M |
| Net debt | -22.7M | -21.4M | -52.4M | 786.4K | -4.2M | 28M | 31.7M | 76.8M |
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 | 65.2M | 67.6M | 77.8M | 58M | 80.1M | 73.2M | 88.9M | 88.9M | 104.1M | 64.1M | 120.4M | 79.8M |
| Receivables | 2.1M | 1.6M | 1.3M | 1M | 2M | 1.7M | 550K | 543K | 525K | 3.6M | 12.8M | 14.1M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 176.2M | 209M | 191.7M | 190.5M | 232.4M | 257.6M | 265.9M | 311.5M | 329.5M | 351.9M | 411.2M | 408.4M |
| Property, plant & equipment | 1.2M | 994.5K | 867.9K | 865.4K | 834.1K | 800.4K | 768K | 735K | 700K | 665K | 628K | — |
| Goodwill & intangibles | 3.6M | 3.8M | 4.1M | 4.4M | 4.6M | 4.9M | 4.8M | 5.6M | 6.2M | 6.7M | 7.5M | — |
| Total assets | 179.9M | 212.6M | 195.7M | 212.1M | 252.9M | 298.4M | 298.1M | 350.6M | 367M | 400.2M | 454.3M | 456.5M |
| Accounts payable | 68.2M | 74.1M | 73.7M | 71.3M | 70.4M | 69M | 65.4M | 60.5M | 57.8M | 56.4M | 57.6M | 57.9M |
| Short-term debt | 52.1K | 94.4M | 50.4K | 69.7K | 83.2K | 96.2K | 111K | 125K | 143K | 163K | 183K | 281K |
| Total current liabilities | 83.4M | 187.3M | 92.9M | 91.9M | 96.9M | 105.7M | 101.6M | 88.9M | 93.7M | 89.8M | 112.6M | 101.7M |
| Long-term debt | 76.4M | 1.2M | 72.6M | 69.8M | 94.8M | 104.8M | 70.7M | 131.3M | 118M | 140.7M | 145M | 121.8M |
| Total liabilities | 161.9M | 190.6M | 166.1M | 161.8M | 191.7M | 210.5M | 172.3M | 220.2M | 211.7M | 230.4M | 257.6M | 223.5M |
| Shareholders' equity | 18M | 22.1M | 29.6M | 50.3M | 61.1M | 87.8M | 125.8M | 130.4M | 155.3M | 169.8M | 196.7M | 233M |
| Total debt | 76.4M | 95.7M | 72.6M | 69.8M | 94.9M | 104.9M | 70.8M | 131.4M | 118.2M | 140.8M | 145.2M | 122.1M |
| Net debt | 11.3M | 28M | -5.2M | 11.8M | 14.8M | 31.7M | -18.1M | 42.4M | 14M | 76.8M | 24.7M | 42.4M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | — | — | — | -38.1M | 7.1M | 78.5M | 133.1M |
| Depreciation & amortization | — | — | — | 847.1K | 855.8K | 965.4K | 1.4M |
| Stock-based compensation | — | — | — | 10.3M | 6.9M | 5.2M | 6.5M |
| Change in working capital | — | — | — | -7.5M | -69.7M | -104.6M | -47.8M |
| Operating cash flow | — | — | — | -33.5M | -54.1M | -36.3M | 209.9M |
| Capital expenditure | -79.8K | -260.5K | -434.9K | -52.2K | -81.6K | -69.8K | — |
| Investing cash flow | -79.8K | -260.5K | -434.9K | -52.2K | -81.6K | -69.8K | -178.9M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | -1.6M | -1.7M | -381.4K | -1.7M | -23.6M | -64.7M |
| Financing cash flow | 31.7M | 47.6M | 40.1M | -16.1M | 28.2M | -14.7M | -29.2M |
| Net change in cash | 31.6M | 47.3M | 39.7M | -49.6M | -26M | -51.1M | 1.8M |
| Free cash flow | -13M | -16.2M | -46.6M | 7.5M | -27.1M | 39.4M | 207.2M |
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 | 1.3M | 2.9M | 8M | 29.7M | 15.4M | 25.4M | 36.2M | 27.6M | 26.7M | 42.7M | 51.3M | 40.8M |
| Depreciation & amortization | 217.7K | 231.2K | 226.8K | 247.2K | 233.4K | 258K | 274K | 324K | 369K | 389K | 436K | 502K |
| Stock-based compensation | 1.1M | 1M | 905.2K | 1.5M | 1.5M | 1.4M | 1.3M | 1.5M | 2.4M | 1.3M | 1.3M | 2.1M |
| Change in working capital | -25.4M | -32.9M | 21.5M | -28.9M | -34.5M | -62.8M | -2.2M | -69.4M | -49M | 72.8M | 2.5M | -21M |
| Operating cash flow | -22.6M | -28.5M | 30.8M | -14.2M | -15.3M | -37.6M | 40.9M | -30M | -19.9M | 154.3M | 89M | 52.2M |
| Capital expenditure | 22.8K | -28.1K | -1.8K | -23.8K | -10.1K | -33.7K | -27K | — | — | — | — | — |
| Investing cash flow | 22.8K | -28.1K | -1.8K | -23.8K | -10.1K | -33.7K | -27K | — | — | — | -21.4M | -56.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -340.5K | -37.3K | -3.8M | -10.6M | -7.8M | -1.5M | -2.4M | -28.2M | -4M | -30M | -25.7M | -7.1M |
| Financing cash flow | 17.2M | 19M | -26.9M | -13.4M | 17.1M | 8.5M | -36.7M | 32.3M | -17.3M | -7.5M | -21.6M | -30.1M |
| Net change in cash | -5.4M | -9.5M | 3.9M | -27.6M | 1.8M | -29.2M | 4.2M | 2.3M | -37.2M | 146.7M | 46M | -34.4M |
| Free cash flow | -13.4M | -15.3M | 38.3M | -4.8M | 5.4M | 565.6K | 58.5M | -31M | -20.7M | 153.7M | 87.9M | 51M |
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 | — | — | — | — | — | 19.2M | — | 2.2B | 3.6B |
| Enterprise value | — | — | — | — | — | 47.2M | — | 2.2B | 3.8B |
| Shares outstanding | — | 2.9M | 4.9M | 5.3M | 5.6M | 5.6M | 33.7M | 33.9M | 33.9M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 2.7 | — | 16.2 | 24.4 |
| P/S | — | — | — | — | — | 0.12 | — | 4.78 | 7.05 |
| P/B | — | — | — | — | — | 0.87 | — | 12.7 | 16.1 |
| EV/EBITDA | — | — | — | — | — | 1.89 | — | 13.6 | 12 |
| EV/Sales | — | — | — | — | — | 0.3 | — | 4.95 | 7.13 |
| Earnings yield | — | — | — | — | — | 37% | — | 6.19% | 4.09% |
| FCF yield | — | — | — | — | — | -141.1% | — | 9.63% | 2.76% |
| PEG | — | — | — | — | — | — | — | — | 0.51 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 100% | 61.7% | 100% | 26.7% | 46.3% | 62% | 70.1% | 74.1% |
| Operating margin | — | -68.9% | -47.7% | -59.9% | -31.4% | 13.9% | 30.3% | 36.1% | 57.2% |
| Net margin | — | -103.3% | -55.1% | -65.5% | -30.3% | 4.45% | 29% | 29.6% | 30.3% |
| ROE | — | -60.7% | -54% | -198.9% | -430.8% | 32.1% | 89.4% | 78.4% | 88.9% |
| ROA | — | -25.7% | -18.6% | -33.6% | -22.1% | 3.34% | 26.3% | 33.3% | 48.8% |
| ROIC | — | 170% | 123.5% | -176.1% | -844.3% | 40.8% | 68.8% | 54% | 58.6% |
| Return on tangible assets | — | -26.1% | -18.7% | -33.9% | -22.4% | 3.4% | 26.8% | 33.8% | 35.4% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 4.03 | 2.53 | 2.06 | 1.72 | 1.12 | 2.44 | 3.92 | 4.02 |
| Quick ratio | — | 4.03 | 2.53 | 2.06 | 1.72 | 1.12 | 2.44 | 3.92 | 4.02 |
| Debt / equity | — | 0.04 | 0.03 | 2.07 | 7.25 | 4.33 | 1.19 | 0.83 | 0.52 |
| Debt / assets | — | 0.02 | 0.01 | 0.35 | 0.37 | 0.45 | 0.35 | 0.35 | 0.27 |
| Net debt / EBITDA | — | 3.1 | 2.95 | -0.02 | 0.11 | 1.12 | 0.38 | 0.47 | 0.21 |
| Interest coverage | — | -1.93 | -6.52 | -13.3 | -3.42 | 1.48 | 5.89 | — | — |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 7.93% | 0% | 18.3% | 19.7% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 3.47 | 7.58 | 13.8 | 22.5 | 28.4 | 8.04 | 13.3 | 15.7 |
| EPS (basic) | — | -5.7 | -6.46 | -14.4 | -6.84 | 1.27 | 2.33 | 3.93 | 3.93 |
| EPS (diluted) | — | -5.7 | -6.46 | -14.4 | -6.84 | 1.25 | 2.19 | 3.72 | 4.56 |
| Book value per share | — | 5.9 | 7.73 | 4.54 | 1.59 | 3.94 | 2.61 | 5.01 | 6.92 |
| FCF per share | — | -4.42 | -3.29 | -8.84 | 1.35 | -4.83 | 1.17 | 6.11 | 7.83 |
| Cash per share | — | 7.55 | 10.9 | 9.26 | 12.3 | 12.1 | 2.17 | 1.89 | 2.37 |
| Capex per share | — | 0.03 | 0.05 | 0.08 | 0.01 | 0.01 | 0 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 0.78% | 0.7% | 0.6% | 0.04% | 0.05% | 0.03% | — | — |
| Capex / operating cash flow | — | — | — | — | -0.16% | -0.15% | -0.19% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 0% |