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 % |
|---|---|---|---|---|---|---|
| Q4 24 | -$3.65 | -$2.17 | +40.5% | — | $44.8M | — |
| Q2 24 | -$0.59 | -$0.33 | +44.1% | — | $356.1M | — |
| Q1 24 | -$6.22 | -$0.73 | +88.3% | — | $289M | — |
| Q4 23 | -$8.26 | -$20.7 | -150.1% | — | $343.8M | — |
| Q2 23 | — | -$0.28 | — | — | $618.8M | — |
| Q1 23 | — | -$0.1 | — | — | $626.2M | — |
| Q3 22 | — | -$0.3 | — | — | $506.6M | — |
| Q2 22 | — | -$0.3 | — | — | $345.9M | — |
| Q1 22 | -$0.12 | -$0.6 | -400.0% | — | $277.8M | — |
| Q4 21 | — | -$4.8 | — | — | $196M | — |
| Q2 21 | — | -$7.8 | — | — | $76.4M | — |
| Q1 21 | -$6 | -$5.1 | +15.0% | — | $62.2M | — |
| Q4 20 | -$4.7 | -$10.7 | -127.7% | — | $103.9M | — |
| Q2 20 | -$20 | -$90 | -350.0% | — | $461.4M | — |
| Q1 20 | -$63 | -$114 | -81.0% | — | $439.2M | — |
| Q4 19 | -$128 | -$78 | +39.1% | — | $1B | — |
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 | — | — | $3.2B | — |
| FY24 | — | -$333 | — | — | $193.1M | — |
| FY23 | — | -$198 | — | — | $2.1B | — |
| FY22 | — | -$36 | — | — | $1.6B | — |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $824.5M | $309.1M | $659.1M | $1.6B | $657.4M | $1.6B | $2.1B | $193.1M | $3.2B |
| YoY change | — | -62.5% | +113.2% | +140.9% | — | +148.9% | +25.9% | -90.6% | +1.6K% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 824.5M | 309.1M | 659.1M | 1.6B | 657.4M | 1.6B | 2.1B | 193.1M | 3.2B |
| Cost of revenue | 533.4M | 92.7M | 418.9M | 689.3M | 673.7M | 1.6B | 2B | 181.8M | 3B |
| Gross profit | 291.1M | 216.4M | 240.2M | 898.7M | -16.3M | 47.7M | 25.4M | 11.3M | 216.4M |
| Gross margin | 35.3% | 70% | 36.4% | 56.6% | -2.48% | 2.92% | 1.24% | 5.86% | 6.68% |
| Research & development | 167.8M | 0 | 124.5M | 140M | 74.1M | 36.2M | 37.7M | 4.8M | 12.4M |
| Selling, general & administrative | 1.4B | 568.4M | 2.6B | 1.6B | 616.9M | 373.2M | 400.8M | 53.4M | 439.1M |
| Operating expenses | 1.5B | 606.5M | 2.7B | 1.9B | 444.7M | 327.3M | 368.5M | 55.6M | 390.4M |
| Operating income | -1.3B | -390.1M | -2.5B | -1.3B | -552.6M | -278.9M | -356.9M | -43.9M | -173.6M |
| Operating margin | -152.1% | -126.2% | -377.6% | -81.4% | -84.1% | -17% | -17.3% | -22.7% | -5.36% |
| Non-operating income, net | -128.3M | -884.2M | 1.2B | 29.3M | -129.2M | 173.2M | 230.4M | -45.2K | 5.5M |
| Pretax income | -1.4B | -1.3B | -1.4B | -1.4B | -732.6M | -143.3M | -147.1M | -52.7M | -262.4M |
| Income tax | 1.8M | 211K | 1.6M | -2.6M | 33K | 245K | 366K | 43.7K | 39K |
| Net income | -1.4B | -1.3B | -1.4B | -1.3B | -717M | -143.2M | -137.2M | -51.9M | -262.5M |
| Net margin | -168.9% | -410.4% | -205.1% | -83.6% | -109.1% | -8.75% | -6.66% | -26.9% | -8.1% |
| EBITDA | -1.1B | -313.7M | -2.4B | -1.1B | -563.3M | -249.3M | -332.5M | -36.7M | -106.1M |
| EPS | -668.9 | -1.4K | -1.5K | -675 | -114 | -36 | -198 | -333 | 0 |
| Diluted EPS | -668.9 | -1.4K | -1.5K | -675 | -129 | -36 | -198 | -333 | 0 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 618.8M | 470.5M | 343.8M | 289M | 356.1M | 410.5M | 44.8M | 504.2M | 658.3M | 879.3M | 1.2B | 1.1B |
| Cost of revenue | 610.7M | 467.7M | 336M | 271.4M | 334M | 390.6M | 41.9M | 468.9M | 624.1M | 813.3M | 1.1B | 998.6M |
| Gross profit | 8.1M | 2.8M | 7.8M | 17.6M | 22M | 19.9M | 3M | 35.3M | 34.2M | 66M | 80.9M | 75M |
| Gross margin | 1.3% | 0.6% | 2.27% | 6.1% | 6.19% | 4.84% | 6.59% | 7.01% | 5.2% | 7.5% | 6.75% | 6.99% |
| Research & development | 10M | 9.4M | 9.3M | 8.9M | 9.2M | 9.7M | 846.6K | 2.9M | 3.1M | 3.1M | 3.3M | 2.9M |
| Selling, general & administrative | 105.8M | 94M | 90.7M | 79.7M | 83.6M | 90.5M | 17.7M | 80M | 93.7M | 120.3M | 145.1M | 139.2M |
| Operating expenses | 113.7M | 98.9M | 52.1M | 81.5M | 89.6M | 93.4M | 18.4M | 71M | 77.4M | 102.5M | 139.6M | 141.6M |
| Operating income | -106.4M | -96.5M | -57.4M | -63.2M | -66.4M | -73.1M | -15.4M | -35.3M | -43.1M | -36.5M | -58.7M | -66.6M |
| Operating margin | -17.2% | -20.5% | -16.7% | -21.9% | -18.6% | -17.8% | -34.4% | -6.99% | -6.55% | -4.15% | -4.9% | -6.2% |
| Non-operating income, net | -15.4M | 661K | -16.8M | -35.2M | 17M | 20.8M | -414.8K | 6.4M | -1.4M | -151K | 655K | -1.1M |
| Pretax income | -126.8M | -100.8M | -79.7M | -103.4M | -57M | -78.1M | -19.2M | -51.4M | -67.6M | -60.7M | -82.8M | -91.6M |
| Income tax | 58K | 76K | 81K | 165K | 108K | 26K | 1.7K | 0 | 39K | 0 | 0 | 0 |
| Net income | -116.5M | -100.8M | -79.8M | -91.6M | -57.1M | -78.1M | -20M | -51.4M | -67.6M | -60.7M | -82.8M | -91.6M |
| Net margin | -18.8% | -21.4% | -23.2% | -31.7% | -16% | -19% | -44.7% | -10.2% | -10.3% | -6.9% | -6.91% | -8.53% |
| EBITDA | -107M | -97.9M | -74.7M | -61M | -55.3M | -72.8M | -15.9M | -29.6M | -44.1M | -36.9M | -57.7M | -67.4M |
| EPS | -12 | -9 | -18 | -18 | -72 | -18 | — | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -12 | -9 | -18 | -18 | -72 | -18 | — | 0 | 0 | 0 | 0 | 0 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding | 19.2M | 19.2M | 11.5M | 21.4M | 26.6M | 28.2M | 32.5M | 1M | 2.1B | 2.1B |
| Metric | FY16 | FY17 | FY18 | FY19 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 35.3% | 70% | 36.4% | 56.6% | -2.48% | 2.92% | 1.24% | 5.86% | 6.68% | 6.68% |
| Operating margin | -152.1% | -126.2% | -377.6% | -81.4% | -84.1% | -17% | -17.3% | -22.7% | -5.36% | -5.36% |
| Net margin | -168.9% | -410.4% | -205.1% | -83.6% | -109.1% | -8.75% | -6.66% | -26.9% | -8.1% | -8.1% |
| ROE | 31.3% | 15.5% | -57% | -285.4% | 35.9% | 9.48% | 7.52% | 258.3% | -249.6% | -249.6% |
| ROA | -60.1% | -23.9% | -18.4% | -24.7% | -58.1% | -11.4% | -19.1% | -17.7% | -10.9% | -10.9% |
| ROIC | 26.9% | 5.08% | -76.1% | -51% | 256% | 60.2% | 32.6% | -19.4% | -8.77% | -8.77% |
| Return on tangible assets | -64.4% | -24.7% | -19.1% | -24.8% | -58.1% | -11.4% | -19.1% | -17.7% | -10.9% | -10.9% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.12 | 1.13 | 1.49 | 1.65 | 0.73 | 0.67 | 0.47 | 0.26 | 0.76 | 0.76 |
| Quick ratio | 1.12 | 1.11 | 1.49 | 1.65 | 0.67 | 0.35 | 0.28 | 0.13 | 0.2 | 0.2 |
| Debt / equity | -0.05 | -0.1 | 0.97 | 5.47 | -0.99 | -0.78 | -0.45 | -12.4 | 18.6 | 18.6 |
| Debt / assets | 0.09 | 0.15 | 0.31 | 0.47 | 1.6 | 0.94 | 1.14 | 0.85 | 0.81 | 0.81 |
| Net debt / EBITDA | 0.21 | -1.62 | -0.38 | -1.93 | -3.16 | -4.2 | -2.19 | -6.71 | -17.7 | -17.7 |
| Interest coverage | -1.9K | -6.4K | -20.2 | -11.1 | -6.63 | -2.48 | -5.93 | -4.99 | -1.78 | -1.78 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 42.8 | 16.1 | 57.1 | 74.1 | 24.7 | 57.9 | 63.4 | 188.7 | 1.55 | 1.55 |
| EPS (basic) | -668.9 | -1.4K | -1.5K | -675 | -114 | -36 | -198 | -333 | 0 | 0 |
| EPS (diluted) | -668.9 | -1.4K | -1.5K | -675 | -129 | -36 | -198 | -333 | 0 | 0 |
| Book value per share | -230.9 | -425.1 | 205.4 | 21.7 | -75 | -53.5 | -56.1 | -19.6 | 0.05 | 0.05 |
| FCF per share | -39.3 | -99.5 | -209.1 | -57.9 | -42.2 | -30.6 | -8.75 | -37.8 | -0.25 | -0.25 |
| Cash per share | 22.3 | 15.2 | 121 | 22.3 | 7.24 | 4.53 | 2.85 | 3.2 | 0.04 | 0.04 |
| Capex per share | 4.34 | 4.17 | 10.9 | 0.15 | 0.49 | 0.59 | 1.01 | 1.56 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 10.1% | 26% | 19.1% | 0.2% | 1.97% | 1.02% | 1.59% | 0.82% | — | — |
| Capex / operating cash flow | -8.94% | -3.59% | -8.85% | -0.08% | -1.01% | -1.96% | -12.8% | -4.03% | — | — |
| FY21 |
| — |
| -$114 |
| — |
| — |
| $657.4M |
| — |
| FY19 | — | -$675 | — | — | $1.6B | — |
| FY18 | — | -$1.5K | — | — | $659.1M | — |
| FY17 | — | -$1.4K | — | — | $309.1M | — |
| FY16 | — | -$668.9 | — | — | $824.5M | — |
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $618.8M | $470.5M | $343.8M | $289M | $356.1M | $410.5M | $44.8M | $504.2M | $658.3M | $879.3M | $1.2B | $1.1B |
| YoY change | +78.9% | -7.13% | -32% | -53.8% | -42.5% | -12.8% | -87% | +74.5% | +84.9% | +114.2% | +2.6K% | +112.9% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 429.4M | 293M | 1.4B | 478.2M | 192.6M | 128M | 92.7M | 3.3M | 83M |
| Receivables | 15.6M | 40.2M | 51.6M | 44.6M | 2.4M | 832K | 790K | 293.4K | 4.6M |
| Inventory | 10.6M | 77.9M | 19.4M | 13.8M | 69.6M | 426.3M | 110.9M | 15.5M | 545.6M |
| Total current assets | 2.1B | 4.9B | 6.7B | 4.9B | 832.9M | 874.3M | 281.7M | 31.8M | 743.9M |
| Property, plant & equipment | 142.8M | 156.6M | 199.3M | 155.6M | 76.1M | 64.1M | 148.2M | 222.3M | 1.7B |
| Goodwill & intangibles | 155.1M | 171.6M | 263.2M | 19.5M | 54K | 0 | — | — | — |
| Total assets | 2.3B | 5.3B | 7.3B | 5.4B | 1.2B | 1.3B | 718.6M | 293.3M | 2.4B |
| Accounts payable | 48.8M | 65.7M | 156.3M | 127.8M | 101.2M | 92.5M | 80.7M | 11.3M | 65M |
| Short-term debt | 204.1M | 426.8M | 1.8B | 621M | 91.2M | 346.2M | 186.4M | 60.9M | 620.5M |
| Total current liabilities | 1.9B | 4.3B | 4.5B | 3B | 1.1B | 1.3B | 603.9M | 124.3M | 976.9M |
| Long-term debt | — | 374.1M | 481.8M | 1.9B | 1.9B | 828.5M | 634M | 189.1M | 1.3B |
| Total liabilities | 6.8B | 13.5B | 5B | 4.9B | 3.2B | 2.8B | 2.5B | 313.4M | 2.3B |
| Shareholders' equity | -4.4B | -8.2B | 2.4B | 465.1M | -2B | -1.5B | -1.8B | -20.1M | 105.2M |
| Total debt | 204.1M | 800.9M | 2.3B | 2.5B | 2B | 1.2B | 820.4M | 250M | 2B |
| Net debt | -128.2M | 508.9M | 1.5B | 2.1B | 1.8B | 1B | 727.7M | 246.7M | 1.9B |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 88.2M | 24.4M | 104.1M | 92.7M | 63.7M | 19.4M | 3.3M | 103.4M | 68.3M | 76.2M | 83M | 47.4M |
| Receivables | 1.4M | 1.7M | 1.7M | 790K | 1.1M | 2.5M | 293.4K | 2.8M | 3.6M | 4.2M | 4.6M | 3.3M |
| Inventory | 378.9M | 386.8M | 275.6M | 110.9M | 112.4M | 117M | 15.5M | 189.9M | 279.4M | 405.7M | 545.6M | 422.1M |
| Total current assets | 771.2M | 555.4M | 487.4M | 281.7M | 255.1M | 236.6M | 31.8M | 390.4M | 447.5M | 599.5M | 743.9M | 589.2M |
| Property, plant & equipment | 60.7M | 64.5M | 66.2M | 148.2M | 184.6M | 1.8B | 222.3M | 1.6B | 1.6B | 1.6B | 1.7B | 1.6B |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 1.1B | 908.6M | 842.4M | 718.6M | 728.4M | 2.3B | 293.3M | 2B | 2B | 2.2B | 2.4B | 2.2B |
| Accounts payable | 83.8M | 81.9M | 79.2M | 80.7M | 80.8M | 81.1M | 11.3M | 83.9M | 75.5M | 60.1M | 65M | 60.5M |
| Short-term debt | 341.1M | 287.7M | 230.5M | 186.4M | 36.2M | 424.4M | 60.9M | 404.8M | 295.4M | 473.5M | 620.5M | 408.9M |
| Total current liabilities | 1B | 911.8M | 798.2M | 603.9M | 527.7M | 884.8M | 124.3M | 763.9M | 649.8M | 829.2M | 976.9M | 745.3M |
| Long-term debt | 875.4M | 443M | 566.9M | 634M | 398.7M | 1.5B | 189.1M | 1.4B | 1.4B | 1.3B | 1.3B | 1.3B |
| Total liabilities | 2.5B | 2B | 2.1B | 2.5B | 2.2B | 3.7B | 313.4M | 2.1B | 2B | 2.1B | 2.3B | 2.1B |
| Shareholders' equity | -1.4B | -1.1B | -1.2B | -1.8B | -1.5B | -1.4B | -20.1M | -140.4M | 19.5M | 115M | 105.2M | 151.4M |
| Total debt | 1.2B | 730.7M | 797.3M | 820.4M | 434.9M | 2B | 250M | 1.8B | 1.7B | 1.8B | 2B | 1.7B |
| Net debt | 1.1B | 706.2M | 693.3M | 727.7M | 371.2M | 1.9B | 246.7M | 1.7B | 1.6B | 1.7B | 1.9B | 1.7B |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | -1.4B | -2.7B | -1.5B | -2B | -421.2M | -143.2M | -137.2M | -51.9M | -262.5M |
| Depreciation & amortization | 52.5M | 71.9M | 94.4M | 171.8M | 57.5M | 29.7M | 30.8M | 5.7M | 62.2M |
| Stock-based compensation | 226.4M | 165.9M | 1.1B | 100.3M | -19.1M | 26.5M | 47.3M | 10.6M | 44.6M |
| Change in working capital | 142.1M | 273.6M | -1B | -2.5B | -447.4M | -439.9M | 160.8M | 1.3M | -383.3M |
| Operating cash flow | -933.4M | -2.2B | -1.4B | -3.8B | -1.3B | -856.7M | -256.5M | -39.5M | -504.4M |
| Capital expenditure | -83.4M | -80.3M | -126.2M | -3.2M | 12.9M | -16.8M | -32.7M | -1.6M | — |
| Investing cash flow | 9.3M | -586.8M | -1.1B | -484.3M | 443M | -16.8M | -32M | -1.6M | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | -306M | 0 | 0 | 0 | 0 | 0 | — | 0 | — |
| Financing cash flow | -133M | 3.3B | 4.3B | 60.7M | 128.4M | -138.5M | 27.1M | 28.8M | 581.5M |
| Net change in cash | -1.1B | 462.6M | 1.8B | -4.3B | -710.9M | -1B | -261.4M | -12.3M | 77.2M |
| Free cash flow | -756.1M | -1.9B | -2.4B | -1.2B | -1.1B | -863.6M | -284.3M | -38.6M | -525.8M |
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 | Q4 17 | Q4 18 | Q4 20 |
|---|---|---|---|
| Net income | -510.8M | -839.4M | -2.5B |
| Depreciation & amortization | 16.5M | 19.7M | 22.7M |
| Stock-based compensation | 0 | 2.3M | -32.6M |
| Change in working capital | -64.6M | -463.4M | -356.3M |
| Operating cash flow | -575.3M | -1.3B | -2.9B |
| Capital expenditure | -21.9M | -41M | 144K |
| Investing cash flow | -609.6M | -305.3M | 159.9M |
| Dividends paid | — | — | — |
| Share repurchases | — | — | -7M |
| Financing cash flow | 1.3B | 1.6B | -166.1M |
| Net change in cash | 65.6M | 37.5M | -2.9B |
| Free cash flow | -506M | -413.9M | -411.6M |