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 | -$0.19 | $0.01 | +105.3% | — | $114.4M | — |
| Q1 26 | -$0.02 | -$0.28 | -1300.0% | — | $102.3M | — |
| Q4 25 | $0.12 | $0.14 | +16.7% | — | $121M | — |
| Q2 25 | $0.11 | $0.5 | +354.5% | — | $102.7M | — |
| Q1 25 | $0.09 | $0.27 | +200.0% | — | $87.1M | — |
| Q4 24 | $0.1 | $0.64 | +540.0% | — | $95.6M | — |
| Q3 24 | -$0.21 | $0.04 | +119.0% | — | $76.9M | — |
| Q2 24 | -$0.3 | -$0.1 | +66.7% | — | $70.5M | — |
| Q1 24 | -$0.67 | -$0.33 | +50.7% | — | $62.4M | — |
| Q4 23 | -$0.65 | -$0.63 | +3.1% | — | $57.4M | — |
| Q3 23 | -$1.31 | -$0.82 | +37.4% | — | $53.3M | — |
| Q2 23 | -$1.31 | -$1.64 | -25.2% | — | $48.7M | — |
| Q1 23 | -$2.14 | -$2.44 | -14.0% | — | $43.1M | — |
| Q4 22 | -$0.16 | -$0.25 | -56.3% | — | $61.4M | — |
| Q3 22 | -$5.28 | -$6.65 | -25.9% | — | $83.2M | — |
| Q2 22 | -$0.21 | -$0.25 | -19.0% | — | $36.2M | — |
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 | — | -$0.73 | — | — | $427.5M | — |
| FY24 | — | -$1.94 | — | — | $305.4M | — |
| FY23 | — | -$7.23 | — | — | $202.6M | — |
| FY22 | — | -$53.8 | — | — | $234.7M | — |
| FY21 | — |
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 | $196.2M | $179.3M | $212.2M | $234.7M | $202.6M | $305.4M | $427.5M |
| YoY change | — | -8.59% | +18.3% | +10.6% | -13.7% | +50.8% | +40% |
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 |
|---|
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 | 196.2M | 179.3M | 212.2M | 234.7M | 202.6M | 305.4M | 427.5M |
| Cost of revenue | 113.4M | 175.3M | 228.8M | 261.4M | 112.6M | 111.1M | 129.4M |
| Gross profit | 82.8M | 4M | -16.6M | -26.8M | 90M | 194.4M | 298.2M |
| Gross margin | 42.2% | 2.25% | -7.82% | -11.4% | 44.4% | 63.6% | 69.7% |
| Research & development | 34.9M | 72.7M | 105.2M | 86.2M | 58.3M | 45.7M | 72M |
| Selling, general & administrative | 68.8M | 163.9M | 318.7M | 338.2M | 194.7M | 168.5M | 239.2M |
| Operating expenses | 113.2M | 246M | 429.5M | 430.8M | 260.2M | 217.6M | 311.3M |
| Operating income | -30.4M | -242M | -446.1M | -457.5M | -170.2M | -23.2M | -13.1M |
| Operating margin | -15.5% | -134.9% | -210.3% | -194.9% | -84% | -7.6% | -3.06% |
| Non-operating income, net | 504K | 2.6M | 203.5M | -139.9M | -7.6M | -26.4M | -5.5M |
| Pretax income | -29.7M | -241.3M | -245.4M | -598M | -176.7M | -52.6M | -21.1M |
| Income tax | 0 | 0 | 0 | -49.1M | -926K | -343K | -116K |
| Net income | -29.7M | -241.3M | -245.4M | -549M | -175.8M | -52.3M | -21M |
| Net margin | -15.1% | -134.6% | -115.6% | -233.9% | -86.8% | -17.1% | -4.92% |
| EBITDA | -22.5M | -227.1M | -419.1M | -258.3M | -127.2M | 12.1M | 13.4M |
| EPS | -4.5 | -33.2 | -74.9 | -53.8 | -7.23 | -1.94 | -0.73 |
| Diluted EPS | -4.5 | -33.2 | -74.9 | -53.8 | -7.23 | -1.94 | -0.73 |
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 | 53.3M | 57.4M | 62.4M | 70.5M | 76.9M | 95.6M | 87.1M | 102.7M | 116.7M | 121M | 102.3M | 114.4M |
| Cost of revenue | 28M | 26.7M | 25M | 27.6M | 29M | 29.4M | 28.6M | 31.8M | 32.2M | 36.7M | 34M | 36.2M |
| Gross profit | 25.3M | 30.8M | 37.4M | 43M | 47.8M | 66.2M | 58.5M | 70.9M | 84.5M | 84.3M | 68.2M | 78.2M |
| Gross margin | 47.4% | 53.6% | 59.9% | 60.9% | 62.2% | 69.2% | 67.1% | 69% | 72.4% | 69.6% | 66.7% | 68.4% |
| Research & development | 14.3M | 12.2M | 11.6M | 10.9M | 11.7M | 11.6M | 12.6M | 15.1M | 19.8M | 24.5M | 19.8M | 19.7M |
| Selling, general & administrative | 42.9M | 42.2M | 38.5M | 41.8M | 43.2M | 45M | 50.5M | 46.2M | 67.2M | 76.1M | 74.6M | 72.7M |
| Operating expenses | 59.9M | 56.4M | 51.1M | 53.5M | 55.6M | 57.4M | 63M | 61.3M | 87M | 100.7M | 94.4M | 92.4M |
| Operating income | -34.7M | -25.6M | -13.7M | -10.6M | -7.8M | 8.8M | -4.6M | 9M | -3.3M | -14.2M | -26.2M | -15.2M |
| Operating margin | -65.1% | -44.7% | -21.9% | -15% | -10.1% | 9.21% | -5.22% | 8.73% | -2.78% | -11.8% | -25.6% | -13.3% |
| Non-operating income, net | -8.8M | 437K | -6.1M | -17.9M | 264K | -2.7M | -891K | 2.4M | -3.6M | -3.5M | -35.5M | -1.8M |
| Pretax income | -42.5M | -26.2M | -20.3M | -29.4M | -8.4M | 5.4M | -6.1M | 10.6M | -7.4M | -18.2M | -62.4M | -18.3M |
| Income tax | -172K | -411K | -82K | -190K | -47K | -24K | 447K | -246K | 247K | -564K | 897K | -518K |
| Net income | -42.3M | -25.8M | -20.2M | -29.2M | -8.3M | 5.4M | -6.5M | 10.8M | -7.6M | -17.7M | -63.3M | -17.7M |
| Net margin | -79.3% | -44.9% | -32.4% | -41.4% | -10.8% | 5.69% | -7.49% | 10.5% | -6.54% | -14.6% | -61.9% | -15.5% |
| EBITDA | -18.3M | -20M | -8.4M | -18.8M | -971K | 16.3M | 1.3M | 15.4M | 6.6M | -8.5M | -19.6M | -8.1M |
| EPS | -1.64 | — | -0.78 | -1.1 | -0.31 | — | -0.23 | 0.38 | -0.27 | — | -2.16 | -0.6 |
| Diluted EPS | -1.64 | — | -0.78 | -1.1 | -0.31 | — | -0.23 | 0.36 | -0.27 | — | -2.16 | -0.6 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | 80.4M | — | — | — | — | 3.7B | 2.6B |
| Enterprise value | — | 17.2M | — | — | — | — | 3.7B | 2.7B |
| Shares outstanding | 7.3M | 7.3M | 3.3M | 10.2M | 24.3M | 26.9M | 28.6M | 28.6M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 724.6 |
| P/S | — | 0.45 | — | — | — | — | 8.71 | 5.8 |
| P/B | — | -0.24 | — | — | — | — | 12.1 | 10.8 |
| EV/EBITDA | — | -0.08 | — | — | — | — | 274.7 | -79.3 |
| EV/Sales | — | 0.1 | — | — | — | — | 8.58 | 5.88 |
| Earnings yield | — | — | — | — | — | — | — | 0.14% |
| FCF yield | — | -155.7% | — | — | — | — | 0.38% | -1.85% |
| PEG | — | — | — | — | — | — | — | -2.81 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 42.2% | 2.25% | -7.82% | -11.4% | 44.4% | 63.6% | 69.7% | 68.4% |
| Operating margin | -15.5% | -134.9% | -210.3% | -194.9% | -84% | -7.6% | -3.06% | -15.2% |
| Net margin | -15.1% | -134.6% | -115.6% | -233.9% | -86.8% | -17.1% | -4.92% | -23.4% |
| ROE | — | 73.1% | -63.2% | -216.4% | -77.1% | -21.3% | -6.82% | -40.8% |
| ROA | — | -95.9% | -44.3% | -111.8% | -42% | -12.5% | -4.01% | -7.89% |
| ROIC | — | 61.6% | -22.8K% | -221.1% | -78.4% | -10.5% | -5.23% | -21.1% |
| Return on tangible assets | — | -95.9% | -44.3% | -466.7% | -239.1% | -51.2% | -13.2% | -54.4% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 2.37 | 4.77 | 1.47 | 3.1 | 3.61 | 2.46 | 3.3 |
| Quick ratio | — | 2.03 | 4.44 | 1.38 | 2.95 | 3.42 | 2.34 | 3.06 |
| Debt / equity | — | -0.14 | 0.04 | 0.3 | 0.52 | 0.47 | 0.37 | 0.69 |
| Debt / assets | — | 0.18 | 0.03 | 0.16 | 0.28 | 0.28 | 0.22 | 0.35 |
| Net debt / EBITDA | — | 0.28 | 0.92 | 0.18 | 0.09 | -2.07 | -4.35 | -1.18 |
| Interest coverage | -36.9 | -96.6 | -85.6 | -142.7 | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 27 | 24.6 | 64.8 | 22.9 | 8.33 | 11.4 | 14.9 | 15.6 |
| EPS (basic) | -4.5 | -33.2 | -74.9 | -53.8 | -7.23 | -1.94 | -0.73 | -0.73 |
| EPS (diluted) | -4.5 | -33.2 | -74.9 | -53.8 | -7.23 | -1.94 | -0.73 | -3.63 |
| Book value per share | — | -45.3 | 118.5 | 24.8 | 9.38 | 9.12 | 10.8 | 8.19 |
| FCF per share | -4.7 | -17.2 | -64.5 | -32.6 | -7.64 | -1.26 | 0.5 | -2.55 |
| Cash per share | — | 14.9 | 122.3 | 12.1 | 5.35 | 5.25 | 5.98 | 4.45 |
| Capex per share | 1.64 | 3.31 | 2.87 | 0.7 | 0.22 | 0.2 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 6.08% | 13.4% | 4.43% | 3.05% | 2.59% | 1.8% | — | — |
| Capex / operating cash flow | -41% | -21.8% | -153.4% | -1.39% | -3.7% | -25.4% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| -$74.9 |
| — |
| — |
| $212.2M |
| — |
| FY20 | — | -$33.2 | — | — | $179.3M | — |
| FY19 | — | -$4.5 | — | — | $196.2M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $53.3M | $57.4M | $62.4M | $70.5M | $76.9M | $95.6M | $87.1M | $102.7M | $116.7M | $121M | $102.3M | $114.4M |
| YoY change | -36% | -6.41% | +44.7% | +44.8% | +44.2% | +66.6% | +39.6% | +45.6% | +51.9% | +26.5% | +17.4% | +11.4% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 108.1M | 400.6M | 123.9M | 130.1M | 141.2M | 171.3M |
| Receivables | 32M | 26.5M | 42.6M | 32.4M | 37.4M | 74.4M |
| Inventory | 25M | 33.5M | 13.7M | 8.8M | 10.7M | 14M |
| Total current assets | 174.1M | 483.5M | 212.6M | 182.3M | 198M | 268.3M |
| Property, plant & equipment | 56.8M | 56.4M | 78M | 54.9M | 54M | 64.6M |
| Goodwill & intangibles | — | 0 | 373.3M | 345.3M | 317.2M | 364M |
| Total assets | 251.6M | 554.1M | 490.9M | 418.8M | 419.4M | 523.7M |
| Accounts payable | 26.7M | 44.7M | 46M | 10.2M | 8M | 2.5M |
| Short-term debt | 5.3M | 3.4M | 10.9M | 3.6M | 3.3M | 8.9M |
| Total current liabilities | 73.4M | 101.3M | 144.3M | 58.8M | 54.8M | 108.9M |
| Long-term debt | 39.7M | 11M | 66.3M | 115.6M | 112.8M | 104.2M |
| Total liabilities | 581.7M | 166M | 237.2M | 190.7M | 174.1M | 215.5M |
| Shareholders' equity | -330.1M | 388.1M | 253.7M | 228M | 245.2M | 308.2M |
| Total debt | 45M | 14.4M | 77.1M | 119.3M | 116.2M | 113.2M |
| Net debt | -63.1M | -386.1M | -46.8M | 19.6M | 31M | 8.2M |
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 | 114.3M | 130.1M | 112.9M | 106.9M | 116.5M | 141.2M | 159.2M | 134.6M | 155.1M | 171.3M | 170.7M | 132.5M |
| Receivables | 31.9M | 32.4M | 28.2M | 25.5M | 38.2M | 37.4M | 46M | 48M | 60.9M | 74.4M | 76.9M | 83.6M |
| Inventory | 9.3M | 8.8M | 11.6M | 10.3M | 10.8M | 10.7M | 12.7M | 11.9M | 10.6M | 14M | 12.2M | 17.8M |
| Total current assets | 171.8M | 182.3M | 163.4M | 162.2M | 186M | 198M | 225.8M | 204.8M | 237.6M | 268.3M | 270.6M | 246.4M |
| Property, plant & equipment | 58.8M | 54.9M | 53.1M | 52.4M | 51.9M | 54M | 56.7M | 60.6M | 62.1M | 64.6M | 80.2M | 83.3M |
| Goodwill & intangibles | 352.3M | 345.3M | 338.2M | 331.2M | 324.2M | 317.2M | 310.2M | 379.2M | 370.8M | 364M | 293.2M | 286M |
| Total assets | 417.3M | 418.8M | 394.5M | 389.1M | 408.8M | 419.4M | 446.4M | 463.9M | 493.9M | 523.7M | 506.3M | 481.5M |
| Accounts payable | 15.4M | 10.2M | 9.5M | 8.1M | 9M | 8M | 15.9M | 3.5M | 2.6M | 2.5M | 11.2M | 5.1M |
| Short-term debt | 3.9M | 3.6M | 4M | 4M | 3.7M | 3.3M | 3.1M | 3.1M | 4.4M | 8.9M | 5.1M | 5.7M |
| Total current liabilities | 68.4M | 58.8M | 50.7M | 68.3M | 77.3M | 54.8M | 69.5M | 71.4M | 87.6M | 108.9M | 87.6M | 74.6M |
| Long-term debt | 69.9M | 115.6M | 114.3M | 113M | 112.4M | 112.8M | 111.7M | 111.3M | 108.7M | 104.2M | 163.1M | 161.7M |
| Total liabilities | 163M | 190.7M | 187.3M | 195.1M | 204.3M | 174.1M | 189M | 186.7M | 201.6M | 215.5M | 252.2M | 237.3M |
| Shareholders' equity | 254.3M | 228M | 207.2M | 194M | 204.5M | 245.2M | 257.4M | 277.1M | 292.3M | 308.2M | 254.1M | 244.2M |
| Total debt | 73.8M | 119.3M | 118.4M | 117M | 116.1M | 116.2M | 114.8M | 114.4M | 113.2M | 113.2M | 168.2M | 167.4M |
| Net debt | -13.6M | 19.6M | 34.7M | 60.9M | 58.2M | 31M | 15.1M | 40.3M | 17.2M | 8.2M | 74.3M | 107.1M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -29.7M | -241.3M | -245.4M | -549M | -175.8M | -52.3M | -21M |
| Depreciation & amortization | 6.4M | 11.7M | 21.8M | 59.3M | 33.7M | 22M | 25.2M |
| Stock-based compensation | 5.5M | 120.2M | 219.4M | 42M | -326K | 9.1M | 32.2M |
| Change in working capital | -11.1M | -3.5M | -3.6M | -20M | 8.7M | -4.3M | -27.7M |
| Operating cash flow | -29M | -110.4M | -6.1M | -514.1M | -141.9M | -21.6M | 33.3M |
| Capital expenditure | -11.9M | -24.1M | -9.4M | -7.2M | -5.3M | -5.5M | — |
| Investing cash flow | -11.9M | -24.1M | -9.4M | -134.2M | -55.4M | -30.1M | -42.5M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 148M | 129.1M | 492.5M | 392M | 186M | 43.3M | 43M |
| Net change in cash | 107M | -5.5M | 476.9M | -256.3M | -11.4M | -8.4M | 33.8M |
| Free cash flow | -34.2M | -125.1M | -211.2M | -333.5M | -185.9M | -34M | 14.3M |
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 | -42.3M | -25.8M | -20.2M | -29.2M | -8.3M | 5.4M | -6.5M | 10.8M | -7.6M | -17.7M | -63.3M | -17.7M |
| Depreciation & amortization | 8.7M | 6.1M | 5.2M | 5.2M | 5.9M | 5.6M | 5.7M | 6.2M | 6.5M | 6.9M | 6.8M | 6.7M |
| Stock-based compensation | 430K | -912K | -451K | 3.1M | 3.6M | 2.8M | 4M | 7.8M | 10.6M | 9.8M | 9M | 6.3M |
| Change in working capital | -183K | -1.3M | -3M | 2.1M | -8.8M | 4.9M | -7.5M | -12.7M | -857K | -6.7M | -10M | -23.2M |
| Operating cash flow | -35.4M | -23.9M | -17.8M | -3.4M | -8.4M | 7.4M | -1.7M | 10.4M | 15.8M | -3.1M | -32.4M | -29M |
| Capital expenditure | -112K | -2.4M | -443K | -1.4M | -646K | -3M | -6.1M | — | — | — | — | — |
| Investing cash flow | -27.1M | -4.9M | 843K | -22.7M | -7.8M | -519K | -9.4M | -786K | 1.5M | -6.7M | -10.8M | 4.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -911K | -1.5M | -462K | -528K | 13.9M | 30.4M | 13M | 281K | 10.6M | 19.2M | 38.5M | -95.7M |
| Net change in cash | -63.5M | -30.2M | -17.4M | -26.6M | -2.2M | 37.3M | 1.8M | 9.9M | 27.8M | 9.4M | -4.7M | -120.2M |
| Free cash flow | -41.3M | -32.2M | -16.9M | -5.9M | -5M | -6.2M | 4.1M | 8.1M | 9.6M | -7.4M | -38.9M | -39.1M |