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 | $0.5 | $0.64 | +28.0% | — | $401.3M | — |
| Q1 26 | $1.05 | $3.16 | +201.0% | — | $730.8M | — |
| Q4 25 | -$0.77 | -$3.58 | -364.9% | — | $442.9M | — |
| Q3 25 | -$0.37 | -$0.13 | +64.9% | — | $399.4M | — |
| Q2 25 | $1.16 | $2.02 | +74.1% | — | $611.1M | — |
| Q1 25 | -$0.65 | -$3.42 | -426.2% | — | $744.9M | — |
| Q4 24 | $2.06 | $1.9 | -7.8% | — | $658.4M | — |
| Q3 24 | $0.37 | $0.62 | +67.6% | — | $467.2M | — |
| Q2 24 | $0.47 | $0.44 | -6.4% | — | $362.9M | — |
| Q1 24 | $0.41 | $0.73 | +78.0% | — | $413.5M | — |
| Q4 23 | $0.37 | $0.82 | +121.6% | — | $396.8M | — |
| Q3 23 | -$1.23 | -$0.46 | +62.6% | — | $331.8M | — |
| Q2 23 | -$1.78 | -$0.27 | +84.8% | — | $261.2M | — |
| Q1 23 | -$1.38 | -$5.86 | -324.6% | — | $253.5M | — |
| Q4 22 | -$1.35 | -$1.24 | +8.1% | — | $258.4M | — |
| Q3 22 | -$1.43 | -$2.94 | -105.6% | — | $230.3M | — |
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 | — | -$7.13 | — | — | $2.2B | — |
| FY24 | — | $2.47 | — | — | $1.9B | — |
| FY23 | — | -$5.8 | — | — | $1.2B | — |
| FY22 | — | -$8.03 | — | — | $933M |
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 | $5.4M | $154.6M | $301M | $380.8M | $540.1M | $701.9M | $933M | $1.2B | $1.9B | $2.2B |
| YoY change | +332.6% | +2.8K% | +94.7% | +26.5% | +41.8% | +30% | +32.9% | +33.3% | +53% | +15.6% |
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 | 5.4M | 154.6M | 301M | 380.8M | 540.1M | 701.9M | 933M | 1.2B | 1.9B | 2.2B |
| Cost of revenue | 101K | 7.4M | 34.2M | 56.6M | 63.4M | 97M | 140M | 150.3M | 319.1M | 839.6M |
| Gross profit | 5.3M | 147.2M | 266.8M | 324.2M | 476.7M | 604.8M | 793M | 1.1B | 1.6B | 1.4B |
| Gross margin | 98.1% | 95.2% | 88.6% | 85.1% | 88.3% | 86.2% | 85% | 87.9% | 83.2% | 61.8% |
| Research & development | 188.3M | 166.7M | 401.8M | 560.9M | 722.3M | 771.2M | 877.1M | 877.4M | 804.5M | 1.5B |
| Selling, general & administrative | 81.2M | 122.7M | 207.8M | 284.8M | 317.9M | 282.7M | 451.4M | 481.9M | 557.9M | 491.7M |
| Operating expenses | 276.4M | 298.4M | 622M | 855M | 1B | 1.1B | 1.3B | 1.4B | 1.4B | 2B |
| Operating income | -264.2M | -143.2M | -343.6M | -522.3M | -564.2M | -449.7M | -536.2M | -267.8M | 218.1M | -657.8M |
| Operating margin | -4.9K% | -92.6% | -114.1% | -137.2% | -104.5% | -64.1% | -57.5% | -21.5% | 11.5% | -29.9% |
| Non-operating income, net | -1.7M | 98.6M | 7.9M | -168.1M | 68.1M | 93.8M | -128.2M | -316.2M | -10.7M | — |
| Pretax income | -267.3M | -48.6M | -362.6M | -713.9M | -553.1M | -418.9M | -690M | -520.1M | 260.8M | -702.2M |
| Income tax | 0 | 2.1M | -692K | 1.2M | 1.1M | -168K | 13.5M | 15.9M | 25.5M | 11.2M |
| Net income | -267.3M | -50.7M | -361.9M | -715.1M | -554.1M | -418.8M | -703.5M | -536M | 235.2M | -713.4M |
| Net margin | -4.9K% | -32.8% | -120.2% | -187.8% | -102.6% | -59.7% | -75.4% | -43.1% | 12.4% | -32.5% |
| EBITDA | -257.2M | -6.3M | -316.7M | -475.5M | -421.2M | -310.1M | -473.5M | -34.8M | 324.7M | -578.5M |
| EPS | -5.49 | -0.86 | -5.46 | -9.71 | -7.11 | -5.15 | -8.03 | -5.8 | 2.47 | -7.13 |
| Diluted EPS | -5.49 | -0.86 | -5.46 | -9.71 | -7.11 | -5.15 | -8.03 | -5.8 | 2.34 | -7.13 |
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 | 331.8M | 396.8M | 413.5M | 362.9M | 467.2M | 658.4M | 744.9M | 611.1M | 399.4M | 442.9M | 730.8M | 401.3M |
| Cost of revenue | 37M | 44.2M | 50.6M | 44.5M | 91.7M | 132.3M | 137.6M | 152.6M | 150.8M | 398.7M | 108.8M | 149.4M |
| Gross profit | 294.8M | 352.6M | 362.9M | 318.4M | 375.5M | 526.1M | 607.3M | 458.5M | 248.6M | 44.2M | 622M | 251.9M |
| Gross margin | 88.8% | 88.9% | 87.8% | 87.7% | 80.4% | 79.9% | 81.5% | 75% | 62.2% | 9.98% | 85.1% | 62.8% |
| Research & development | 194.3M | 195.5M | 200.4M | 179.7M | 224.5M | 200M | 773.4M | 204.4M | 218.9M | 325.3M | 154M | 91.3M |
| Selling, general & administrative | 120.9M | 131.7M | 127M | 138.8M | 128.2M | 163.9M | 133.6M | 137.9M | 91.9M | 128.3M | 109M | 107.6M |
| Operating expenses | 315.2M | 327.2M | 327.4M | 318.5M | 352.7M | 363.8M | 907.1M | 342.3M | 310.8M | 453.6M | 262.9M | 198.9M |
| Operating income | -20.8M | 24.6M | 34.9M | -701K | 22.2M | 161.7M | -300.4M | 115.6M | -62.9M | -410.1M | 358.4M | 52.3M |
| Operating margin | -6.28% | 6.21% | 8.44% | -0.19% | 4.75% | 24.6% | -40.3% | 18.9% | -15.7% | -92.6% | 49% | 13% |
| Non-operating income, net | -29.9M | -1.6M | -9.2M | 268K | -1.6M | -158K | -91.1M | 36.1M | -132M | 143.9M | -548K | -39.7M |
| Pretax income | -33.2M | 40.4M | 41.4M | 13.6M | 34M | 171.7M | -383.5M | 153.6M | -194M | -278.3M | 343.2M | -1.7M |
| Income tax | 7.8M | -5.3M | 5.3M | 7.1M | 395K | 12.7M | 64M | -43.3M | -14.1M | 4.6M | 12.2M | 3.1M |
| Net income | -40.9M | 45.7M | 36.1M | 6.5M | 33.6M | 159M | -447.5M | 196.9M | -179.9M | -282.8M | 331M | -4.9M |
| Net margin | -12.3% | 11.5% | 8.74% | 1.78% | 7.19% | 24.2% | -60.1% | 32.2% | -45.1% | -63.9% | 45.3% | -1.22% |
| EBITDA | 12.5M | 59.5M | 64.5M | 27.1M | 47.2M | 185.9M | -278.3M | 133M | -36.8M | -396.4M | 377.2M | 69.6M |
| EPS | -0.46 | — | 0.38 | 0.07 | 0.35 | 1.65 | -4.6 | 2.01 | -1.8 | -3.93 | 3.15 | -0.05 |
| Diluted EPS | -0.46 | — | 0.37 | 0.07 | 0.34 | 1.5 | -4.6 | 1.89 | -1.8 | -3.93 | 2.88 | -0.05 |
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 | — | — | — | — | 13.3B | 7.3B | 11.3B | 8.9B | 11.6B | 2B | 2B |
| Enterprise value | — | — | — | — | 12.4B | 6.4B | 11B | 8.6B | 11.5B | 2.1B | 2.2B |
| Shares outstanding | 48.7M | 58.8M | 66.3M | 73.6M | 78M | 81.3M | 87.6M | 92.4M | 95.1M | 93.6M | 93.6M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 49.1 | — | 45.5 |
| P/S | — | — | — | — | 24.6 | 10.4 | 12.2 | 7.17 | 6.08 | 0.92 | 1 |
| P/B | — | — | — | — | 17.4 | 7.89 | 29.5 | 10.4 | 7.57 | 1.77 | 1.29 |
| EV/EBITDA | — | — | — | — | -29.5 | -20.5 | -23.2 | -247.7 | 35.6 | -3.66 | -128.1 |
| EV/Sales | — | — | — | — | 23 | 9.05 | 11.8 | 6.94 | 6.07 | 0.96 | 1.14 |
| Earnings yield | — | — | — | — | — | — | — | — | 2.03% | — | 2.2% |
| FCF yield | — | — | — | — | 0.19% | -6.61% | -3.15% | -6.6% | -3.05% | -15.7% | 1.11% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.44 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 98.1% | 95.2% | 88.6% | 85.1% | 88.3% | 86.2% | 85% | 87.9% | 83.2% | 61.8% | 62.8% |
| Operating margin | -4.9K% | -92.6% | -114.1% | -137.2% | -104.5% | -64.1% | -57.5% | -21.5% | 11.5% | -29.9% | 13% |
| Net margin | -4.9K% | -32.8% | -120.2% | -187.8% | -102.6% | -59.7% | -75.4% | -43.1% | 12.4% | -32.5% | -6.93% |
| ROE | -79.4% | -6.42% | -35.1% | -87.4% | -72.7% | -45.1% | -182.7% | -62.4% | 15.4% | -62.5% | -9.48% |
| ROA | -63% | -3.88% | -22% | -39.2% | -18.6% | -13.3% | -22.5% | -16.4% | 5.94% | -21.3% | -1.13% |
| ROIC | -754.9% | -101.4% | -123.2% | -123.5% | 542.7% | 1.3K% | -4.1K% | -46.2% | 13% | -53% | -3.49% |
| Return on tangible assets | -65.5% | -3.96% | -22.4% | -39.8% | -18.7% | -13.4% | -22.6% | -16.7% | 6.02% | -21.7% | -4.33% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.95 | 13.9 | 8.21 | 5.55 | 5.97 | 5.75 | 4.13 | 3.95 | 4.2 | 2.32 | 4.42 |
| Quick ratio | 4.78 | 13 | 7.49 | 4.9 | 5.42 | 5.34 | 3.8 | 3.45 | 3.18 | 1.48 | 2.62 |
| Debt / equity | 0.05 | 0.55 | 0.41 | 0.89 | 1.41 | 1.24 | 4.2 | 1.63 | 0.88 | 0.91 | 0.7 |
| Debt / assets | 0.04 | 0.33 | 0.26 | 0.4 | 0.36 | 0.37 | 0.52 | 0.43 | 0.34 | 0.31 | 0.33 |
| Net debt / EBITDA | 1.17 | 102.7 | 2.38 | 0.83 | 2.06 | 3.1 | 0.79 | 8.02 | -0.04 | -0.17 | 18.9 |
| Interest coverage | -140.3 | -7.38 | -9.76 | -22.3 | -8.23 | -5.6 | -12 | -22.6 | 15.2 | -17.4 | -0.83 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9.79% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.11 | 2.63 | 4.54 | 5.17 | 6.93 | 8.64 | 10.7 | 13.5 | 20 | 23.5 | 19 |
| EPS (basic) | -5.49 | -0.86 | -5.46 | -9.71 | -7.11 | -5.15 | -8.03 | -5.8 | 2.47 | -7.13 | -7.13 |
| EPS (diluted) | -5.49 | -0.86 | -5.46 | -9.71 | -7.11 | -5.15 | -8.03 | -5.8 | 2.34 | -7.13 | -1.57 |
| Book value per share | 6.91 | 13.4 | 15.6 | 11.1 | 9.77 | 11.4 | 4.4 | 9.3 | 16.1 | 12.2 | 14.5 |
| FCF per share | -5.19 | -4.3 | -6.79 | -7.01 | 0.32 | -5.96 | -4.08 | -6.37 | -3.71 | -3.37 | 0.71 |
| Cash per share | 6.53 | 18.3 | 17.7 | 15.3 | 24.9 | 26 | 22.7 | 18.1 | 14.2 | 10 | 7.46 |
| Capex per share | 0.11 | 0.2 | 0.92 | 0.81 | 1.05 | 0.47 | 0.35 | 0.82 | 1.44 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 98.5% | 7.76% | 20.3% | 15.7% | 15.2% | 5.48% | 3.3% | 6.12% | 7.2% | — | — |
| Capex / operating cash flow | -2.17% | -5.19% | -16% | -12.9% | 86.9% | -8.39% | -6.77% | -8.58% | -14.8K% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$5.15 | — | — | $701.9M | — |
| FY20 | — | -$7.11 | — | — | $540.1M | — |
| FY19 | — | -$9.71 | — | — | $380.8M | — |
| FY18 | — | -$5.46 | — | — | $301M | — |
| FY17 | — | -$0.86 | — | — | $154.6M | — |
| FY16 | — | -$5.49 | — | — | $5.4M | — |
| 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 | $331.8M | $396.8M | $413.5M | $362.9M | $467.2M | $658.4M | $744.9M | $611.1M | $399.4M | $442.9M | $730.8M | $401.3M |
| YoY change | +44.1% | +53.5% | +63.1% | +38.9% | +40.8% | +65.9% | +80.2% | +68.4% | -14.5% | -32.7% | -1.89% | -34.3% |
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 | 317.8M | 1.1B | 1.2B | 1.1B | 1.9B | 2.1B | 2B | 1.7B | 1.4B | 939.6M |
| Receivables | 5.2M | 28.5M | 48.3M | 90.4M | 100.9M | 153M | 214.6M | 400.3M | 602M | 398.2M |
| Inventory | 12.8M | 83.6M | 125.4M | 171.4M | 232M | 186.2M | 204M | 322.9M | 750M | 914.7M |
| Total current assets | 373.5M | 1.2B | 1.4B | 1.5B | 2.5B | 2.6B | 2.6B | 2.6B | 3.1B | 2.5B |
| Property, plant & equipment | 25.1M | 28.6M | 74.1M | 144.4M | 242.8M | 189.1M | 197M | 309M | 437.5M | 418.4M |
| Goodwill & intangibles | 16.2M | 28.7M | 23.1M | 25M | 27.3M | 28.5M | 15.2M | 59.2M | 53.8M | 57.9M |
| Total assets | 424.1M | 1.3B | 1.6B | 1.8B | 3B | 3.1B | 3.1B | 3.3B | 4B | 3.3B |
| Accounts payable | 29.7M | 8.5M | 33.8M | 68.1M | 111.1M | 76.7M | 95.9M | 164.9M | 214.4M | 280.8M |
| Short-term debt | 10.1M | 6.2M | — | — | — | 15.1M | 15.5M | 123.3M | 13.5M | 11.4M |
| Total current liabilities | 75.4M | 88.3M | 173.7M | 264.8M | 416M | 452.7M | 619.6M | 653.7M | 731.7M | 1.1B |
| Long-term debt | 6M | 424.9M | 420.6M | 729.6M | 1.1B | 1.1B | 1.6B | 1.3B | 1.3B | 1B |
| Total liabilities | 87.4M | 518.7M | 609.8M | 1B | 2.2B | 2.2B | 2.7B | 2.4B | 2.4B | 2.2B |
| Shareholders' equity | 336.7M | 789.2M | 1B | 818.2M | 761.8M | 928M | 384.9M | 859.3M | 1.5B | 1.1B |
| Total debt | 16.1M | 431.1M | 420.6M | 729.6M | 1.1B | 1.2B | 1.6B | 1.4B | 1.3B | 1B |
| Net debt | -106.3M | -168.6M | 49.7M | -105.5M | -429.8M | -962.4M | 650.6M | 968.4M | 240.1M | 238.5M |
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 | 1.7B | 1.7B | 1.4B | 1.5B | 1.2B | 1.4B | 522.8M | 800.1M | 851M | 939.6M | 653.2M | 788.5M |
| Receivables | 318.9M | 400.3M | 378.8M | 360M | 434.5M | 602M | 659.4M | 527.3M | 395.7M | 398.2M | 394.8M | 376.8M |
| Inventory | 244M | 322.9M | 373.5M | 485.8M | 565.9M | 750M | 941.4M | 994M | 1.1B | 914.7M | 1B | 904.3M |
| Total current assets | 2.5B | 2.6B | 2.5B | 2.7B | 2.7B | 3.1B | 2.4B | 2.7B | 2.7B | 2.5B | 2.3B | 2.2B |
| Property, plant & equipment | 345.8M | 309M | 375.6M | 400.2M | 446.7M | 437.5M | 507.6M | 514.9M | 498.1M | 418.4M | 460.3M | 446.8M |
| Goodwill & intangibles | 19.5M | 59.2M | 28.9M | 28.3M | 27.6M | 53.8M | 26.2M | 30.5M | 29.7M | 57.9M | 31.4M | 30.6M |
| Total assets | 3.1B | 3.3B | 3.2B | 3.4B | 3.6B | 4B | 3.5B | 3.7B | 3.5B | 3.3B | 3.2B | 3.2B |
| Accounts payable | 87.9M | 164.9M | 91.5M | 107.4M | 118.8M | 214.4M | 156.1M | 136.7M | 94M | 280.8M | 70.4M | 51M |
| Short-term debt | — | 123.3M | 105.6M | 91.5M | 91.6M | 13.5M | — | — | — | 11.4M | — | — |
| Total current liabilities | 450.7M | 653.7M | 608.7M | 688.5M | 699.5M | 731.7M | 605.6M | 919.9M | 921.4M | 1.1B | 499.2M | 502.9M |
| Long-term debt | 1.4B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.4B | 1.3B | 1B | 1B | 1B |
| Total liabilities | 2.3B | 2.4B | 2.3B | 2.3B | 2.4B | 2.4B | 2.3B | 2.3B | 2.2B | 2.2B | 1.7B | 1.7B |
| Shareholders' equity | 764.4M | 859.3M | 961.2M | 1.1B | 1.2B | 1.5B | 1.1B | 1.4B | 1.3B | 1.1B | 1.5B | 1.5B |
| Total debt | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | 1.3B | 1.4B | 1.3B | 1B | 1B | 1B |
| Net debt | 829.6M | 968.4M | 952.1M | 986.3M | 1.2B | 240.1M | 1.1B | 843.3M | 637.1M | 238.5M | 572.2M | 474.7M |
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 | -267.3M | -50.7M | -361.9M | -715.1M | -554.1M | -418.8M | -703.5M | -536M | 235.2M | -713.4M |
| Depreciation & amortization | 5.6M | 8.1M | 12.2M | 24.5M | 26.9M | 38M | 41.9M | 44.4M | 37.7M | 44.5M |
| Stock-based compensation | 30M | 30.5M | 50.1M | 78.6M | 108.1M | 113.9M | 233M | 182.5M | 184.3M | 123.4M |
| Change in working capital | -15.8M | -97.5M | -107.9M | -66.9M | 554.1M | -98.2M | -39.5M | -481.1M | -528M | -802K |
| Operating cash flow | -246.2M | -231.1M | -383.3M | -462.5M | 94.6M | -458.9M | -455.4M | -887M | -927K | -205.5M |
| Capital expenditure | -5.3M | -12M | -61.2M | -59.6M | -82.2M | -38.5M | -30.8M | -76.1M | -137M | — |
| Investing cash flow | -88.7M | -169.6M | -370.5M | 286.7M | -121.7M | 497.7M | -1B | -154.6M | 765.6M | 179.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | -25M |
| Financing cash flow | 357.2M | 872.9M | 479.9M | 606M | 598.4M | 540.8M | 303.5M | -6.9M | -68K | -187M |
| Net change in cash | 22.3M | 472.1M | -273.9M | 430.2M | 571.2M | 579.6M | -1.2B | -1B | 764.6M | -213M |
| Free cash flow | -252.7M | -253.2M | -449.8M | -516.1M | 25.3M | -484M | -357.6M | -588.3M | -352.7M | -315.3M |
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 | -40.9M | 45.7M | 36.1M | 6.5M | 33.6M | 159M | -447.5M | 196.9M | -179.9M | -282.8M | 331M | -4.9M |
| Depreciation & amortization | 10.9M | 11.4M | 8.7M | 8.7M | 9.8M | 10.5M | 10M | 10.8M | 18.4M | 5.3M | 10.6M | 10.4M |
| Stock-based compensation | 48.1M | 45.8M | 40.7M | 50.5M | 43.5M | 49.7M | 41.4M | 37M | 14.9M | 30M | 29.4M | 24.5M |
| Change in working capital | -161.2M | -150.3M | -91.7M | -64.7M | -184.4M | -171.9M | -335.2M | 76.3M | 8.1M | 327.7M | -569.7M | 94.9M |
| Operating cash flow | -141.5M | -47.7M | 4.3M | 11.3M | -31.8M | 48.7M | -729.6M | 261.3M | -14.6M | 131.2M | -202.7M | 197.1M |
| Capital expenditure | -29.7M | -19M | -32.4M | -29.2M | -37.3M | -38.1M | -43.7M | — | — | — | — | — |
| Investing cash flow | -199.5M | -64.4M | 228.8M | -98.5M | -128.8M | 764.1M | -288.9M | -177.2M | 332.8M | -145.9M | -131.3M | -92.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | 0 | 0 | — | — |
| Financing cash flow | 0 | 0 | — | — | — | — | -3.2M | -304K | -123.9M | -39.5M | 0 | 0 |
| Net change in cash | -340.9M | -112M | 233.1M | -87.3M | -160.6M | 812.9M | -1B | 83.8M | 194.3M | -54.2M | -334M | 104.3M |
| Free cash flow | -155.5M | -73.7M | -284.5M | -14.2M | -108M | 54M | -629.3M | 229.4M | -43.3M | 127.5M | -205.8M | 196.5M |