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 | $0.32 | -$0.1 | -131.3% | — | $169.6M | — |
| Q1 26 | -$0.47 | -$0.43 | +8.5% | — | $127.2M | — |
| Q4 25 | $0.37 | $0.37 | 0.0% | — | $129.7M | — |
| Q3 25 | -$0.08 | $0.59 | +837.5% | — | $164.9M | — |
| Q2 25 | $0.04 | $0.13 | +225.0% | — | $114.4M | — |
| Q1 25 | -$0.39 | -$0.19 | +51.3% | — | $81.7M | — |
| Q4 24 | -$0.38 | -$0.47 | -23.7% | — | $74.8M | — |
| Q3 24 | -$0.54 | -$0.46 | +14.8% | — | $62.9M | — |
| Q2 24 | -$0.72 | -$0.65 | +9.7% | — | $54.1M | — |
| Q1 24 | -$0.79 | -$1.51 | -91.1% | — | $41.4M | — |
| Q4 23 | -$0.92 | -$0.94 | -2.2% | — | $45.1M | — |
| Q3 23 | -$0.14 | -$1.17 | -735.7% | — | $37.1M | — |
| Q2 23 | -$1.16 | -$1.13 | +2.6% | — | $32.2M | — |
| Q1 23 | -$1.17 | -$1.27 | -8.5% | — | $30.9M | — |
| Q4 22 | -$1.07 | -$1.03 | +3.7% | — | $55.9M | — |
| Q3 22 | -$0.86 | -$1.09 | -26.7% | — | $28.1M | — |
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 | — | -$0.29 | — | — | $490.7M | — |
| FY24 | — | -$4.08 | — | — | $233.2M | — |
| FY23 | — | -$1.5 | — | — | $145.2M | — |
| FY22 | — | -$4.37 | — | — | $109.5M |
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 | $133.6M | $154.9M | $164.2M | $175.3M | $198.3M | $131.8M | $109.5M | $145.2M | $233.2M | $490.7M |
| YoY change | +33.7% | +16% | +6.01% | +6.75% | +13.1% | -33.5% | -17% | +32.7% | +60.5% | +110.5% |
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 | 133.6M | 154.9M | 164.2M | 175.3M | 198.3M | 131.8M | 109.5M | 145.2M | 233.2M | 490.7M |
| Cost of revenue | 4.6M | 3.6M | 5.5M | 5.2M | 6.1M | 3.8M | 4.4M | 11.4M | 7.7M | 10.3M |
| Gross profit | 129M | 151.3M | 158.7M | 170.1M | 192.2M | 128M | 105M | 133.8M | 225.4M | 480.4M |
| Gross margin | 96.6% | 97.7% | 96.6% | 97% | 96.9% | 97.1% | 96% | 92.1% | 96.7% | 97.9% |
| Research & development | 70.8M | 78.2M | 123.8M | 141M | 131.8M | 201.2M | 227.3M | 245M | 282.7M | 206M |
| Selling, general & administrative | 97.2M | 104M | 103.7M | 129M | 135.8M | 126.3M | 197.5M | 265.5M | 264.1M | 337.2M |
| Operating expenses | 186.4M | 201.5M | 239M | 285M | 271.2M | 327.4M | 424.9M | 510.5M | 546.8M | 543.2M |
| Operating income | -38.9M | -30.8M | -68.7M | -99.8M | -75.4M | -199.4M | -319.8M | -376.7M | -321.4M | -62.8M |
| Operating margin | -29.1% | -19.9% | -41.8% | -56.9% | -38% | -151.3% | -292.2% | -259.4% | -137.8% | -12.8% |
| Non-operating income, net | -17.9M | -26.4M | -28.9M | -37.9M | -99.4M | 231K | -6.6M | -9.8M | -5.8M | 11.6M |
| Pretax income | -57.6M | -58.4M | -101.9M | -146.4M | -188.8M | -216.9M | -331.2M | -376.1M | -320.5M | -49.3M |
| Income tax | -9.7M | 1.4M | 811K | -21K | -19.4M | 409K | 313K | 223K | 120K | 988K |
| Net income | -47.9M | -59.7M | -102.7M | -146.4M | -169.4M | -180.1M | -278.5M | -111.4M | -321.5M | -25.5M |
| Net margin | -35.9% | -38.6% | -62.5% | -83.5% | -85.4% | -136.6% | -254.4% | -76.7% | -137.9% | -5.21% |
| EBITDA | -19.1M | -8.6M | -45M | -69.7M | -44.4M | -184.5M | -291.8M | -314.9M | -263.3M | 22.2M |
| EPS | -1.29 | -1.54 | -2.54 | -3.46 | -3.56 | -3.01 | -4.37 | -1.5 | -4.08 | -0.29 |
| Diluted EPS | -1.29 | -1.54 | -2.54 | -3.46 | -3.56 | -3.01 | -4.37 | -1.5 | -4.08 | -0.29 |
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 | 37.1M | 45.1M | 41.4M | 54.1M | 62.9M | 74.8M | 81.7M | 114.4M | 164.9M | 129.7M | 127.2M | 169.6M |
| Cost of revenue | 1.3M | 4.6M | 1.5M | 2.1M | 1.6M | 2.6M | 4.7M | 1.5M | 1.6M | 2.6M | 26.8M | 9.2M |
| Gross profit | 35.8M | 40.5M | 39.9M | 52.1M | 61.3M | 72.2M | 77.1M | 112.9M | 163.3M | 127.1M | 100.4M | 160.3M |
| Gross margin | 96.5% | 89.9% | 96.4% | 96.2% | 97.4% | 96.6% | 94.3% | 98.7% | 99% | 98% | 79% | 94.6% |
| Research & development | 60.6M | 59.7M | 114.6M | 54.3M | 51.7M | 62.1M | 46.9M | 49.4M | 51.9M | 57.9M | 57.1M | 60.3M |
| Selling, general & administrative | 67.8M | 63.6M | 64.2M | 64.8M | 65.6M | 69.5M | 72.8M | 76.2M | 86.5M | 101.7M | 80.3M | 96.1M |
| Operating expenses | 128.4M | 123.3M | 178.8M | 119.1M | 117.3M | 131.6M | 119.7M | 125.6M | 138.3M | 159.6M | 137.3M | 156.4M |
| Operating income | -92.6M | -82.8M | -139M | -67.1M | -56M | -59.3M | -42.7M | -12.7M | 24.9M | -32.4M | -36.9M | 4M |
| Operating margin | -249.6% | -183.8% | -335.9% | -123.9% | -89.1% | -79.3% | -52.2% | -11.1% | 15.1% | -25% | -29% | 2.33% |
| Non-operating income, net | 335K | -10M | -21K | -4.1M | 397K | -2M | 549K | -526K | 487K | 11.1M | -91K | -40.2M |
| Pretax income | -89.2M | -88.5M | -135.8M | -69.6M | -54.8M | -60.3M | -41.2M | -12.7M | 25.7M | -21.1M | -36.7M | -35M |
| Income tax | 12K | 68K | 191K | 85K | -84K | -72K | 39K | 20K | 8K | 921K | -120K | -204K |
| Net income | 150.7M | -90.2M | -136.1M | -70.4M | -54.8M | -60.3M | -41.2M | -12.8M | 25.7M | 2.7M | -37.1M | -34.8M |
| Net margin | 406.3% | -200.1% | -328.9% | -130.1% | -87.1% | -80.6% | -50.4% | -11.1% | 15.6% | 2.1% | -29.2% | -20.5% |
| EBITDA | -74.9M | -64.8M | -122.8M | -55.8M | -40.7M | -44M | -25.5M | 4.1M | 44.3M | -632K | -9.2M | -28.6M |
| EPS | 1.97 | -1.18 | -1.76 | -0.91 | -0.7 | -0.73 | -0.47 | -0.14 | 0.29 | 0.03 | -0.4 | -0.37 |
| Diluted EPS | 1.97 | -1.18 | -1.76 | -0.91 | -0.7 | -0.73 | -0.47 | -0.14 | 0.28 | 0.03 | -0.4 | -0.37 |
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 | — | 816.9M | 915M | 601.2M | — | — | 1.3B | — | 1.4B | — | 5.8B |
| Enterprise value | — | 561.3M | 661M | 407.6M | — | — | 1.3B | — | 1.4B | — | 5.7B |
| Shares outstanding | 37M | 38.8M | 40.4M | 42.3M | 47.5M | 59.8M | 63.8M | 74.3M | 78.9M | 89.2M | 89.2M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -212.3 |
| P/S | — | 5.27 | 5.57 | 3.43 | — | — | 12.2 | — | 5.89 | — | 9.48 |
| P/B | — | 2.79 | 2.88 | 2.72 | — | — | 31.3 | — | 23.3 | — | 55.7 |
| EV/EBITDA | — | -64.9 | -14.7 | -5.85 | — | — | -4.45 | — | -5.34 | — | 250.1 |
| EV/Sales | — | 3.62 | 4.02 | 2.32 | — | — | 11.9 | — | 6.03 | — | 9.69 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -0.47% |
| FCF yield | — | -0.81% | -4.88% | -12.3% | — | — | -16% | — | -24.6% | — | -0.31% |
| PEG | — | — | — | — | — | — | — | — | — | — | -1.29 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 96.6% | 97.7% | 96.6% | 97% | 96.9% | 97.1% | 96% | 92.1% | 96.7% | 97.9% | 94.6% |
| Operating margin | -29.1% | -19.9% | -41.8% | -56.9% | -38% | -151.3% | -292.2% | -259.4% | -137.8% | -12.8% | 2.33% |
| Net margin | -35.9% | -38.6% | -62.5% | -83.5% | -85.4% | -136.6% | -254.4% | -76.7% | -137.9% | -5.21% | -7.35% |
| ROE | -15.6% | -20.4% | -32.3% | -66.2% | -80.2% | -59.6% | -649.9% | -55.5% | -544.3% | -22.2% | -236.4% |
| ROA | -9.12% | -11.5% | -14.5% | -24.2% | -27.9% | -23.2% | -41.4% | -14.1% | -54.1% | -4.23% | -3.73% |
| ROIC | -40.4% | -81.9% | -106.9% | -362.5% | -80.5% | -1.8K% | -340.2K% | -972.4% | -357.3% | -52% | -26.6% |
| Return on tangible assets | -30.1% | -40.1% | -30.8% | -50.7% | -56.6% | -37.5% | -58.2% | -19.2% | -83.3% | -6.75% | -8.09% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 3.99 | 3.8 | 4.74 | 4.5 | 4.43 | 4.7 | 3.42 | 3.47 | 2.08 | 2.74 | 4.05 |
| Quick ratio | 3.96 | 3.74 | 4.68 | 4.43 | 4.35 | 4.64 | 3.39 | 3.41 | 2.04 | 2.7 | 3.99 |
| Debt / equity | 0.14 | 0.15 | 0.68 | 0.93 | 1.16 | 0.87 | 9.51 | 2.02 | 6.8 | 2.86 | 25.2 |
| Debt / assets | 0.08 | 0.09 | 0.31 | 0.34 | 0.4 | 0.34 | 0.61 | 0.51 | 0.68 | 0.54 | 0.77 |
| Net debt / EBITDA | 11.1 | 29.5 | 5.64 | 2.78 | 2.65 | 1.58 | 0.15 | 0.51 | -0.12 | 0.27 | 22.1 |
| Interest coverage | -11.2 | -12.2 | -9.38 | -6.78 | -8.91 | -10 | -29.1 | -32.2 | -27.7 | -3.58 | -6.07 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.61 | 4 | 4.06 | 4.14 | 4.17 | 2.2 | 1.72 | 1.96 | 2.96 | 5.5 | 6.48 |
| EPS (basic) | -1.29 | -1.54 | -2.54 | -3.46 | -3.56 | -3.01 | -4.37 | -1.5 | -4.08 | -0.29 | -0.29 |
| EPS (diluted) | -1.29 | -1.54 | -2.54 | -3.46 | -3.56 | -3.01 | -4.37 | -1.5 | -4.08 | -0.29 | -0.73 |
| Book value per share | 8.32 | 7.56 | 7.87 | 5.22 | 4.44 | 5.05 | 0.67 | 2.7 | 0.75 | 1.29 | 1.07 |
| FCF per share | -0.42 | -0.17 | -1.1 | -1.74 | -3.42 | -0.65 | -3.37 | -4.34 | -4.29 | -0.23 | 0.16 |
| Cash per share | 6.92 | 7.75 | 11.7 | 9.41 | 7.61 | 9.24 | 7.06 | 7.63 | 4.7 | 3.62 | 5.19 |
| Capex per share | 0.04 | 0.02 | 0.02 | 0 | 0.14 | 0.09 | 0 | 0.01 | — | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.07% | 0.57% | 0.44% | 0.11% | 3.41% | 3.87% | 0.17% | 0.46% | — | — | — |
| Capex / operating cash flow | -7.96% | 25.1% | -1.21% | -0.19% | -14.9% | -5.43% | -0.07% | -0.2% | — | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$3.01 | — | — | $131.8M | — |
| FY20 | — | -$3.56 | — | — | $198.3M | — |
| FY19 | — | -$3.46 | — | — | $175.3M | — |
| FY18 | — | -$2.54 | — | — | $164.2M | — |
| FY17 | — | -$1.54 | — | — | $154.9M | — |
| FY16 | — | -$1.29 | — | — | $133.6M | — |
| 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 | $37.1M | $45.1M | $41.4M | $54.1M | $62.9M | $74.8M | $81.7M | $114.4M | $164.9M | $129.7M | $127.2M | $169.6M |
| YoY change | +32.1% | -19.3% | +33.9% | +68.1% | +69.6% | +66% | +97.5% | +111.5% | +162.1% | +73.4% | +55.6% | +48.2% |
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 | 255.9M | 300.6M | 471.5M | 398.5M | 361.6M | 552.9M | 450.2M | 566.9M | 370.7M | 322.8M |
| Receivables | 18.5M | 13.9M | 12.7M | 18M | 15.9M | 15.9M | 16.6M | 21.2M | 27.1M | 80.1M |
| Inventory | 2.8M | 5.4M | 5.6M | 6.1M | 7.6M | 7.3M | 4.5M | 9.4M | 6.2M | 5.9M |
| Total current assets | 332.4M | 325.8M | 495.7M | 429.1M | 410.4M | 582.8M | 486.4M | 616.8M | 416.7M | 437.6M |
| Property, plant & equipment | 2.6M | 3.2M | 3.1M | 2.9M | 35.1M | 34.3M | 9M | 7.5M | 5.3M | 4M |
| Goodwill & intangibles | 366M | 371.5M | 375.3M | 316.3M | 308.3M | 296.8M | 194.2M | 209M | 208M | 226.2M |
| Total assets | 525.3M | 520.3M | 709.2M | 604.8M | 607.4M | 776.6M | 672.6M | 789M | 594.2M | 604.4M |
| Accounts payable | 7.5M | 18.9M | 7M | 26.6M | 12.1M | 15.1M | 17.3M | 41.7M | 23.5M | 24.8M |
| Short-term debt | — | — | 22.5M | — | 357K | 3.9M | 4.4M | 4.9M | 74.1M | 5.9M |
| Total current liabilities | 83.3M | 85.7M | 104.6M | 95.4M | 92.7M | 124.1M | 142.2M | 177.9M | 200.8M | 159.9M |
| Long-term debt | 44.4M | 45.1M | 195.1M | 204.9M | 243.7M | 258.1M | 403.1M | 399.9M | 327.5M | 322.9M |
| Total liabilities | 217.5M | 227.2M | 390.9M | 383.6M | 396.2M | 474.5M | 629.7M | 588.1M | 535M | 490.4M |
| Shareholders' equity | 307.8M | 293.1M | 318.3M | 221.2M | 211.2M | 302.1M | 42.9M | 200.8M | 59.1M | 114.8M |
| Total debt | 44.4M | 45.1M | 217.5M | 204.9M | 244M | 262M | 407.5M | 404.8M | 401.6M | 328.7M |
| Net debt | 3.4M | -54.3M | 114.7M | 142.4M | 159.3M | 96.2M | 345.8M | 346.6M | 343M | 235.7M |
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 | 634.6M | 566.9M | 441M | 325.4M | 277.4M | 370.7M | 322.2M | 319.5M | 254.5M | 322.8M | 264.7M | 489.2M |
| Receivables | 14.6M | 21.2M | 22.7M | 24.5M | 25.2M | 27.1M | 34.4M | 38.7M | 83M | 80.1M | 87.3M | 80.6M |
| Inventory | 20.8M | 9.4M | 4.5M | 6M | 6.4M | 6.2M | 3.9M | 4.1M | 5.5M | 5.9M | 6.4M | 7.8M |
| Total current assets | 686.2M | 616.8M | 481.1M | 369M | 324.7M | 416.7M | 374.2M | 379.6M | 371.1M | 437.6M | 392.7M | 615.1M |
| Property, plant & equipment | 8M | 7.5M | 0 | 6.6M | 21.8M | 5.3M | 4.9M | 4.6M | 4.3M | 4M | 3.6M | 3.2M |
| Goodwill & intangibles | 213.9M | 209M | 202.5M | 210.4M | 208.5M | 208M | 207.7M | 211.3M | 219M | 226.2M | 220.2M | 261.5M |
| Total assets | 832.9M | 789M | 663.6M | 551.2M | 504.5M | 594.2M | 548.8M | 555.4M | 538.6M | 604.4M | 555.2M | 798.6M |
| Accounts payable | 24.7M | 41.7M | 16.7M | 25.8M | 23.2M | 23.5M | 15.4M | 19.1M | 18.2M | 24.8M | 12.9M | 7.5M |
| Short-term debt | 4.8M | 4.9M | 5M | 5.2M | 73.9M | 74.1M | 74.2M | 74.4M | 5.7M | 5.9M | 6M | 6.2M |
| Total current liabilities | 139.4M | 177.9M | 173.2M | 121.3M | 190M | 200.8M | 182.5M | 189.5M | 135.1M | 159.9M | 125.4M | 152M |
| Long-term debt | 400.7M | 399.9M | 399M | 398.1M | 328.5M | 327.5M | 326.2M | 325.1M | 324M | 322.9M | 321.6M | 610.7M |
| Total liabilities | 553.1M | 588.1M | 589.5M | 536M | 534.9M | 535M | 516M | 522.6M | 465M | 490.4M | 456.5M | 774.8M |
| Shareholders' equity | 279.8M | 200.8M | 74.1M | 15.1M | -30.5M | 59.1M | 32.8M | 32.7M | 73.6M | 114.8M | 98.7M | 24.5M |
| Total debt | 405.5M | 404.8M | 404M | 403.2M | 402.4M | 401.6M | 400.5M | 399.6M | 329.7M | 328.7M | 327.7M | 616.9M |
| Net debt | 261.2M | 346.6M | 360.8M | 370.9M | 366M | 343M | 338.6M | 324.4M | 218.8M | 235.7M | 249.3M | 499.2M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -47.9M | -59.7M | -102.7M | -146.4M | -169.4M | -217.3M | -331.5M | -376.3M | -320.6M | -50.3M |
| Depreciation & amortization | 16.1M | 17.8M | 18.7M | 20.4M | 24.6M | 12.7M | 20.7M | 38.5M | 43.6M | 60.7M |
| Stock-based compensation | 29.1M | 26.9M | 19.8M | 21.1M | 23.6M | 29.6M | 38.1M | 44.2M | 36.9M | 44.9M |
| Change in working capital | -9.6M | 5.3M | -4.2M | -2.2M | -25.8M | 65.5M | -16.1M | -43.1M | -28.8M | -35.2M |
| Operating cash flow | -17.9M | 3.5M | -60.1M | -104.2M | -45.4M | -94M | -285.7M | -338.6M | -194.1M | 37.8M |
| Capital expenditure | -1.4M | -887K | -727K | -195K | -6.8M | -5.1M | -191K | -668K | — | — |
| Investing cash flow | 20.9M | 58.7M | -199.3M | 35.2M | 51.8M | -118.6M | -4.2M | -110M | 200.5M | 86M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -13.9M | -6.3M | 214.3M | -5.5M | 121.8M | 222.8M | 112.5M | 189.1M | 132.6M | -71M |
| Net change in cash | -10.9M | 56M | -45.2M | -74.4M | 128.1M | 10.3M | -177.4M | -259.5M | 139.1M | 52.8M |
| Free cash flow | -15.4M | -6.6M | -44.7M | -73.8M | -162.6M | -38.9M | -214.8M | -322.3M | -338.7M | -20.4M |
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 | -89.2M | -88.6M | -136.1M | -69.5M | -54.8M | -60.3M | -41.2M | -12.8M | 25.7M | -22M | -36.6M | -34.8M |
| Depreciation & amortization | 11.5M | 9.5M | 9.9M | 10.3M | 11.2M | 12.1M | 12.8M | 14M | 15.8M | 18.1M | 25.2M | 4.2M |
| Stock-based compensation | 11.3M | 8.1M | 9.8M | 9.9M | 8M | 9.2M | 11.5M | 10.6M | 11.3M | 11.5M | 16.1M | 21.8M |
| Change in working capital | -3.4M | -18.9M | -21.7M | 1M | -6.1M | -2.1M | -12.5M | -1.9M | -55.7M | 34.9M | -17.8M | 1.5M |
| Operating cash flow | -73M | -91.1M | -137.8M | -43.3M | 23.3M | -36.4M | -31M | 5M | 14.3M | 60.7M | -40.4M | 58.1M |
| Capital expenditure | -10K | -25K | 0 | -82K | 0 | — | — | — | — | — | — | — |
| Investing cash flow | -67.9M | -12.7M | 111.4M | 105.5M | 54.3M | -70.7M | 53.1M | 17.2M | 102M | -86M | 43.7M | -185.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -525K | -525K | -525K | -525K | -525K | 134.2M | -525K | -525K | -69.4M | -525K | -525K | -16.8M |
| Net change in cash | -141.4M | -104.3M | -26.9M | 61.7M | 77.1M | 27.1M | 21.6M | 21.6M | 46.9M | -25.8M | 2.8M | -143.9M |
| Free cash flow | -64.1M | -76M | -125.5M | -117.2M | -50.7M | -45.3M | -54M | -7.3M | -1.1M | 41.8M | -62.5M | 37M |