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 | $0.55 | $0.57 | +3.6% | — | $364.7M | — |
| Q1 26 | $0.43 | $0.3 | -30.2% | — | $308.2M | — |
| Q4 25 | $0.46 | $0.5 | +8.7% | — | $276.2M | — |
| Q3 25 | $0.42 | $0.52 | +23.8% | — | $277.1M | — |
| Q2 25 | $0.25 | $0.36 | +44.0% | — | $257.3M | — |
| Q1 25 | $0.17 | $0.3 | +76.5% | — | $213.4M | — |
| Q4 24 | -$0.04 | $0.26 | +750.0% | — | $211.3M | — |
| Q3 24 | -$0.15 | -$0.06 | +60.0% | — | $162.1M | — |
| Q2 24 | -$0.39 | -$0.17 | +56.4% | — | $127.6M | — |
| Q1 24 | -$0.39 | -$0.31 | +20.5% | — | $127.8M | — |
| Q4 23 | -$0.14 | -$0.11 | +21.4% | — | $134.9M | — |
| Q3 23 | -$0.02 | -$0.05 | -150.0% | — | $134.6M | — |
| Q2 23 | -$0.07 | $0.06 | +185.7% | — | $135.8M | — |
| Q1 23 | -$0.81 | -$0.47 | +42.0% | — | $102.9M | — |
| Q4 22 | -$0.47 | -$0.25 | +46.8% | — | $142.2M | — |
| Q3 22 | -$0.08 | -$0.24 | -200.0% | — | $157.2M | — |
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 | — | $0.56 | — | — | $1B | — |
| FY24 | — | -$1.44 | — | — | $628.8M | — |
| FY23 | — | -$2.87 | — | — | $508.1M | — |
| FY22 | — | -$1.31 | — | — | $837.8M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55.6M | $95.6M | $162.8M | $222.1M | $846.6M | $837.8M | $508.1M | $628.8M | $1B |
| YoY change | — | +71.8% | +70.3% | +36.4% | +281.3% | -1.05% | -39.3% | +23.8% | +62.8% |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 55.6M | 95.6M | 162.8M | 222.1M | 846.6M | 837.8M | 508.1M | 628.8M | 1B |
| Cost of revenue | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 59.5M | 98.9M | 150M | 182.8M | 572.5M | 719.1M | 489.9M | 555.7M | 743.6M |
| Operating expenses | 59.5M | 98.9M | 150M | 182.8M | 572.5M | 719.1M | 489.9M | 555.7M | 743.6M |
| Operating income | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — |
| Pretax income | -8.9M | -11.2M | -4.9M | 6M | 133.7M | -109.1M | -240M | -128.4M | 54.3M |
| Income tax | 6K | 0 | 74K | 371K | -1.7M | -409K | 107K | 185K | 728K |
| Net income | -8.9M | -11.2M | -5M | 5.6M | 135.4M | -108.7M | -240.1M | -128.6M | 53.6M |
| Net margin | -15.9% | -11.7% | -3.08% | 2.51% | 16% | -13% | -47.3% | -20.4% | 5.23% |
| EBITDA | — | — | — | — | — | — | — | — | — |
| EPS | -0.12 | -0.87 | -0.03 | 0.34 | 1.73 | -1.31 | -2.87 | -1.44 | 0.56 |
| Diluted EPS | -0.12 | -0.87 | -0.03 | 0.34 | 1.43 | -1.31 | -2.87 | -1.44 | 0.45 |
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 | 134.6M | 134.9M | 127.8M | 127.6M | 162.1M | 211.3M | 213.4M | 257.3M | 277.1M | 276.2M | 308.2M | 364.7M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 123.5M | 130.7M | 132.2M | 124.7M | 142.4M | 156.5M | 160M | 183.9M | 189.4M | 210.3M | 235.6M | 256.2M |
| Operating expenses | 123.5M | 130.7M | 132.2M | 124.7M | 142.4M | 156.5M | 160M | 183.9M | 189.4M | 210.3M | 235.6M | 256.2M |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -40.3M | -42.3M | -64.6M | -54.5M | -6.7M | -2.6M | -2.4M | 5.7M | 31.9M | 19.2M | -6.6M | 17.2M |
| Income tax | 10K | 63K | 14K | 15K | 45K | 111K | 29K | 49K | 124K | 526K | 84K | 614K |
| Net income | -40.3M | -42.4M | -64.6M | -54.5M | -6.8M | -2.8M | -2.4M | 5.6M | 31.8M | 18.6M | -6.6M | 16.5M |
| Net margin | -30% | -31.4% | -50.5% | -42.7% | -4.17% | -1.3% | -1.15% | 2.18% | 11.5% | 6.75% | -2.16% | 4.53% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | -0.48 | -0.5 | -0.74 | -0.62 | -0.07 | -0.03 | -0.03 | 0.06 | 0.33 | 0.19 | -0.07 | 0.17 |
| Diluted EPS | -0.48 | -0.5 | -0.74 | -0.62 | -0.07 | -0.03 | -0.03 | 0.05 | 0.23 | 0.17 | -0.07 | 0.16 |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 1.1B | 3.4B | 5.5B | 4.2B | 2.2B |
| Enterprise value | — | — | — | — | — | 1.7B | 4.1B | 6.2B | 5.4B | 3.8B |
| Shares outstanding | 62.2M | 14.1M | 14.3M | 17.5M | 78.1M | 82.8M | 83.8M | 89.5M | 96M | 96M |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 78.3 | 44.3 |
| P/S | — | — | — | — | — | 1.31 | 6.74 | 8.76 | 4.1 | 1.71 |
| P/B | — | — | — | — | — | 1.63 | 5.39 | 8.7 | 5.26 | 2.81 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | 33.4 |
| EV/Sales | — | — | — | — | — | 2.09 | 8.16 | 9.81 | 5.27 | 2.99 |
| Earnings yield | — | — | — | — | — | — | — | — | 1.28% | 2.26% |
| FCF yield | — | — | — | — | — | -63.8% | -5.04% | 3.2% | -3.96% | -5.91% |
| PEG | — | — | — | — | — | — | — | — | — | 0.24 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | — | 7.2% |
| Net margin | -15.9% | -11.7% | -3.08% | 2.51% | 16% | -13% | -47.3% | -20.4% | 5.23% | 4.69% |
| ROE | — | 20.5% | 8.14% | 1.86% | 16.8% | -16.2% | -37.8% | -20.3% | 6.71% | 7.94% |
| ROA | — | — | — | — | — | — | — | -5.43% | 1.8% | 1.98% |
| Return on tangible assets | — | — | — | — | — | — | — | -5.81% | 1.9% | 2% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | — | — | — | — | — | 10.5 |
| Debt / equity | — | -2.34 | -2.2 | 0.27 | 0.99 | 1.62 | 1.74 | 2.29 | 2.32 | 2.58 |
| Debt / assets | — | — | — | — | — | — | — | 0.61 | 0.62 | 0.64 |
| Net debt / EBITDA | — | — | — | — | — | — | — | — | — | 13.9 |
| Effective tax rate | 0% | 0% | 0% | 6.24% | 0% | 0% | 0% | 0% | 1.34% | 2.19% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.89 | 6.77 | 11.4 | 12.7 | 10.8 | 10.1 | 6.07 | 7.03 | 10.7 | 13.3 |
| EPS (basic) | -0.12 | -0.87 | -0.03 | 0.34 | 1.73 | -1.31 | -2.87 | -1.44 | 0.56 | 0.56 |
| EPS (diluted) | -0.12 | -0.87 | -0.03 | 0.34 | 1.43 | -1.31 | -2.87 | -1.44 | 0.45 | 0.52 |
| Book value per share | — | -3.87 | -4.3 | 17.1 | 10.3 | 8.12 | 7.58 | 7.08 | 8.32 | 8.2 |
| FCF per share | 0.15 | 3.49 | 1.83 | 0.58 | 1.96 | -8.43 | -2.06 | 1.97 | -1.73 | -2.78 |
| Cash per share | — | 5.26 | 3.54 | 14.8 | 12.7 | 5.22 | 4.5 | 8.87 | 6.85 | 4.71 |
| Capex per share | 0 | 0.01 | 0.28 | 0.08 | 0.11 | 0.11 | 0.02 | 0.01 | 0.19 | 0.15 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | 0.15% | 2.46% | 0.61% | 1% | 1.05% | 0.3% | 0.13% | 1.76% | 1.31% |
| Capex / operating cash flow | 0% | -2.45% | 26% | -4.13% | 7.91% | -1.07% | -0.43% | 0.49% | -12.2% | -5.66% |
| Payout ratio | — | — | — | — | — | — | — | — | — | 0% |
| FY21 | — | $1.73 | — | — | $846.6M | — |
| FY20 | — | $0.34 | — | — | $222.1M | — |
| FY19 | — | -$0.03 | — | — | $162.8M | — |
| FY18 | — | -$0.87 | — | — | $95.6M | — |
| FY17 | — | -$0.12 | — | — | $55.6M | — |
| 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 | $134.6M | $134.9M | $127.8M | $127.6M | $162.1M | $211.3M | $213.4M | $257.3M | $277.1M | $276.2M | $308.2M | $364.7M |
| YoY change | -14.4% | -5.17% | +24.2% | -5.99% | +20.5% | +56.6% | +67% | +101.6% | +70.9% | +30.7% | +44.4% | +41.7% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 74.3M | 50.8M | 258.8M | 995M | 432.4M | 377.3M | 793.6M | 657.4M |
| Receivables | 2.5M | 8.3M | 11.7M | 55.5M | 46.7M | 40.5M | 48.2M | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — |
| Property, plant & equipment | 1.5M | 22.2M | 28.3M | 120.4M | 130.5M | 97.3M | 82.5M | 60.6M |
| Goodwill & intangibles | — | — | 0 | 173.9M | 165.4M | 156.8M | 153M | 150.7M |
| Total assets | — | — | — | — | — | — | 2.4B | 3B |
| Accounts payable | 2.9M | 6.6M | 13.8M | 6.6M | 18.7M | 12.6M | 12.4M | 32M |
| Short-term debt | 49.3M | 84.6M | 40.5M | 48M | 336.5M | 387.4M | 195.6M | 97.3M |
| Total current liabilities | — | — | — | — | — | — | — | — |
| Long-term debt | 78.9M | 51.1M | 41.6M | 747.8M | 750.7M | 715.3M | 1.3B | 1.8B |
| Total liabilities | — | — | — | — | — | — | 1.7B | 2.2B |
| Shareholders' equity | -54.7M | -61.7M | 300.3M | 807.1M | 672.4M | 635.3M | 633.2M | 798.8M |
| Total debt | 128.2M | 135.7M | 82.1M | 795.8M | 1.1B | 1.1B | 1.5B | 1.9B |
| Net debt | 53.9M | 84.9M | -176.7M | -199.2M | 654.8M | 725.4M | 658.8M | 1.2B |
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 | — | — | — | — | — | — | — | — | 494.9M | 657.4M | 474.6M | 457.7M |
| Receivables | — | — | — | — | — | — | — | — | 43.5M | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 78.9M | 60.6M | 61.6M | 68.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | 151.3M | 150.7M | 150.1M | 149.6M |
| Total assets | — | — | — | — | — | — | — | — | 2.9B | 3B | 3B | 3.2B |
| Accounts payable | — | — | — | — | — | — | — | — | 11.8M | 32M | 22.7M | 39.4M |
| Short-term debt | — | — | — | — | — | — | — | — | 140.5M | 97.3M | 183.3M | 251.8M |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 745.6M | 715.3M | 713.1M | 710.9M | 770.6M | 1.3B | 1.3B | 1.3B | 1.8B | 1.8B | 1.8B | 1.8B |
| Total liabilities | — | — | — | — | — | — | — | — | 2.2B | 2.2B | 2.2B | 2.4B |
| Shareholders' equity | — | — | — | — | — | — | — | — | 743.7M | 798.8M | 733.2M | 797.5M |
| Total debt | 745.6M | 715.3M | 713.1M | 710.9M | 770.6M | 1.3B | 1.3B | 1.3B | 1.9B | 1.9B | 1.9B | 2B |
| Net debt | — | — | — | — | — | — | — | — | 1.4B | 1.2B | 1.5B | 1.6B |
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 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | -8.9M | -11.2M | -5M | 5.6M | 135.4M | -108.7M | -240.1M | -128.6M | 53.6M |
| Depreciation & amortization | 93K | 314K | 774K | 2.3M | 7.5M | 13.5M | 24.9M | 20.5M | 24.8M |
| Stock-based compensation | 1.3M | 2M | 3.8M | 11.5M | 73.2M | 125.9M | 175M | 133.4M | 131.9M |
| Change in working capital | -2.5M | -167K | 14.9M | -1.2M | -6.9M | -5M | -19.7M | -9.5M | -12.9M |
| Operating cash flow | -8M | -6M | 15.4M | -32.8M | 106.5M | -826.7M | -352.3M | 171.4M | -147.7M |
| Capital expenditure | 0 | -148K | -4M | -1.4M | -8.4M | -8.8M | -1.5M | -837K | -18.1M |
| Investing cash flow | 0 | 2.3M | 13M | 13.3M | -53.7M | -8.3M | -54.1M | -50.7M | 144.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -661K | 0 | 0 | -177.9M | 0 | 0 | — |
| Financing cash flow | 412.6M | 135.4M | -119.7M | 76.7M | 836.6M | 110M | 193M | 530.8M | 380.3M |
| Net change in cash | 404.6M | 131.7M | -91.2M | 57.2M | 889.3M | -725.1M | -213.5M | 651.5M | 377.1M |
| Free cash flow | 9.6M | 49.3M | 26.3M | 10.1M | 153.2M | -697.6M | -172.6M | 176.3M | -166.1M |
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 | -40.3M | -42.4M | -64.6M | -54.5M | -6.8M | -2.8M | -2.4M | 5.6M | 31.8M | 18.6M | -6.6M | 16.5M |
| Depreciation & amortization | 4.9M | 9.1M | 5.6M | 4.8M | 5.4M | 4.7M | 6.4M | 5.8M | 6.1M | 6.5M | 5.9M | 7.1M |
| Stock-based compensation | 35.6M | 32.8M | 35.8M | 34.2M | 33.6M | 29.8M | 29.8M | 35.5M | 34.2M | 32.5M | 34.8M | 44.5M |
| Change in working capital | 8.4M | 3.9M | -1M | 6.3M | -8M | -6.8M | 6.1M | -2.7M | -547K | -15.8M | 3.6M | -9.8M |
| Operating cash flow | -102.5M | -229.1M | 70M | 66.7M | 168.3M | -132.3M | 35.4M | -120.2M | -122.6M | 108.6M | -133.3M | -136.6M |
| Capital expenditure | -135K | -242K | -684K | -37K | -116K | 0 | 0 | -4.3M | -3.9M | -3.8M | -4.2M | -4.2M |
| Investing cash flow | -25.7M | -16.9M | -17.6M | -42M | 2.3M | 57.9M | 18.4M | 27.2M | 51.8M | 53.2M | 51.1M | 71.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | — | — | — | — | — | — | — | — | -100.1M | 0 |
| Financing cash flow | 231.6M | 23M | -49.5M | 123M | -51.2M | 500.2M | -57.6M | 90.3M | 370.2M | -22.5M | 1.5M | 92.6M |
| Net change in cash | 103.4M | -223M | 3M | 147.7M | 119.4M | 425.8M | -3.8M | -2.7M | 299.3M | 139.2M | -80.7M | 27.4M |
| Free cash flow | -110.7M | -145.4M | 50.9M | 71.3M | 176.8M | -114.3M | -19.6M | -124.5M | -126.6M | 104.6M | -140.3M | -142.9M |