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 | -$0.74 | -$1.23 | -66.2% | — | $231.7M | — |
| Q1 26 | -$0.24 | -$1.14 | -375.0% | — | $114.1M | — |
| Q4 25 | -$1 | -$1.71 | -71.0% | — | $314M | — |
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 | — | -$5.37 | — | — | $684.6M | — |
| FY24 | — | -$25.6 | — | — | $361.1M | — |
| FY23 | — | -$767.9 | — | — | $401.8M | — |
| FY22 | — | -$503.1 | — | — | $527.5M | — |
| FY21 | — | -$390.3 | — | — | $138.2M | — |
| FY20 | — | -$269.3 | — | — | $18.2M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $18.2M | $138.2M | $527.5M | $401.8M | $361.1M | $684.6M |
| YoY change | — | +659.6% | +281.8% | -23.8% | -10.1% | +89.6% |
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 | Q2 24 | Q3 24 | Q4 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 18.2M | 138.2M | 527.5M | 401.8M | 361.1M | 684.6M |
| Cost of revenue | 4.7M | 86.5M | 295M | 218.4M | 250.4M | 477.8M |
| Gross profit | 13.5M | 51.7M | 232.5M | 183.5M | 110.7M | 206.8M |
| Gross margin | 74.1% | 37.4% | 44.1% | 45.7% | 30.7% | 30.2% |
| Research & development | 333.4M | 443.2M | 758.6M | 1.1B | 1.1B | 1.4B |
| Selling, general & administrative | 158.2M | 119.3M | 260.8M | 666.8M | 1.2B | 669.7M |
| Operating expenses | 486.2M | 547.8M | 999.1M | 1.7B | 2.3B | 2B |
| Operating income | -472.7M | -496.1M | -766.6M | -1.5B | -2.2B | -1.8B |
| Operating margin | -2.6K% | -359.1% | -145.3% | -379.5% | -597.4% | -266.2% |
| Non-operating income, net | -217.2M | -535.3M | -564.4M | -550.5M | -527.5M | 6.3M |
| Pretax income | -694.9M | -1B | -1.3B | -1.9B | -2.5B | -1.7B |
| Income tax | 0 | 0 | 0 | 2.9M | 5.9M | 4.1M |
| Net income | -694.9M | -1B | -1.3B | -1.9B | -2.5B | -1.7B |
| Net margin | -3.8K% | -729% | -246.1% | -485% | -696.9% | -241.7% |
| EBITDA | -429.2M | -928.5M | -1.1B | -1.9B | -2.3B | -1.5B |
| EPS | -269.3 | -390.3 | -503.1 | -767.9 | -25.6 | -5.37 |
| Diluted EPS | -269.3 | -390.3 | -503.1 | -767.9 | -25.6 | -5.37 |
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 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 74.2M | 144.8M | 79.1M | 9.9M | 140.8M | 72.4M | 127.2M | 171M | 314M | 114.1M | 231.7M |
| Cost of revenue | 51.3M | 68.1M | 53.7M | 9.2M | 89.5M | 47.1M | 91.5M | 114.7M | 224.5M | 74.5M | 144.8M |
| Gross profit | 22.9M | 76.6M | 25.4M | 642.3K | 51.4M | 25.4M | 35.7M | 56.3M | 89.5M | 39.6M | 86.9M |
| Gross margin | 30.8% | 52.9% | 32.1% | 6.52% | 36.5% | 35% | 28.1% | 32.9% | 28.5% | 34.7% | 37.5% |
| Research & development | 440.4M | 241.9M | 239.6M | 35.8M | 320M | 325.7M | 318.9M | 316.4M | 411.2M | 363.3M | 434.3M |
| Selling, general & administrative | 325.4M | 109.7M | 102.8M | 90.3M | 319.8M | 137.8M | 168.9M | 119.4M | 243.6M | 105.7M | 98.2M |
| Operating expenses | 765.7M | 351.6M | 342.4M | 126M | 639.8M | 463.5M | 487.8M | 435.8M | 654.8M | 469.1M | 532.5M |
| Operating income | -742.8M | -258.2M | -309M | -125.4M | -572.9M | -438.2M | -452.1M | -379.5M | -552.7M | -429.5M | -429.4M |
| Operating margin | -1K% | -178.3% | -390.5% | -1.3K% | -406.8% | -604.9% | -355.5% | -221.9% | -176% | -376.3% | -185.3% |
| Non-operating income, net | -133.3M | -163M | -143.9M | -27M | -61.1M | 15.2M | 13.8M | 26.2M | -48.9M | -11.1M | -13.3M |
| Pretax income | -846.5M | -379.2M | -412.8M | -146.5M | -589.8M | -384.6M | -405M | -305.7M | -555.4M | -389M | -400.9M |
| Income tax | 287K | 14K | 793K | 225.2K | 2.7M | 441K | 1.4M | 1.5M | 695K | 89K | -230K |
| Net income | -846.8M | -379.3M | -413.6M | -146.7M | -592.4M | -385.1M | -406.4M | -307.3M | -556.1M | -389.1M | -400.7M |
| Net margin | -1.1K% | -262% | -522.8% | -1.5K% | -420.7% | -531.6% | -319.6% | -179.7% | -177.1% | -340.9% | -172.9% |
| EBITDA | -752.2M | -672.2M | -496.5M | -118.8M | -912.2M | -450.7M | -465.6M | -403M | -335.1M | -406.7M | -421.3M |
| EPS | -328.1 | — | — | -3.8 | -2.43 | -1.38 | -1.35 | -1.02 | -1.71 | -1.14 | — |
| Diluted EPS | -328.1 | — | — | -3.8 | -2.43 | -1.38 | -1.35 | -1.02 | -1.71 | -1.14 | — |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Shares outstanding | 18.8M | 18.8M | 18.8M | 18.6M | 275.4M | 308.2M | 308.2M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 74.1% | 37.4% | 44.1% | 45.7% | 30.7% | 30.2% | 30.2% |
| Operating margin | -2.6K% | -359.1% | -145.3% | -379.5% | -597.4% | -266.2% | -266.2% |
| Net margin | -3.8K% | -729% | -246.1% | -485% | -696.9% | -241.7% | -241.7% |
| ROE | — | 104.3% | 62.4% | 63.9% | -35.6% | -20.9% | -20.9% |
| ROA | — | -30.5% | -24.1% | -34.7% | -32.7% | -18.5% | -18.5% |
| ROIC | — | 13.6% | 11.8% | 20.3% | -339.5% | -156.1% | -156.1% |
| Return on tangible assets | — | -31.9% | -24.8% | -35.6% | -33.3% | -18.8% | -18.8% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 12.9 | 14 | 0.63 | 13.4 | 8.2 | 8.2 |
| Quick ratio | — | 12.4 | 13.6 | 0.6 | 13.1 | 7.88 | 7.88 |
| Debt / equity | — | -0.1 | -0.03 | -0.02 | 0.02 | 0.05 | 0.05 |
| Debt / assets | — | 0.03 | 0.01 | 0.01 | 0.02 | 0.04 | 0.04 |
| Net debt / EBITDA | — | 2.89 | 4.05 | 2.4 | 2.74 | 4.53 | 4.53 |
| Interest coverage | -110.7 | -179.9 | -362.3 | -681.2 | -895.4 | -237.3 | -237.3 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.97 | 7.37 | 28.1 | 21.6 | 1.31 | 2.22 | 2.22 |
| EPS (basic) | -269.3 | -390.3 | -503.1 | -767.9 | -25.6 | -5.37 | -5.37 |
| EPS (diluted) | -269.3 | -390.3 | -503.1 | -767.9 | -25.6 | -5.37 | -5.37 |
| Book value per share | — | -51.5 | -111 | -164.2 | 25.7 | 25.6 | 25.6 |
| FCF per share | -11.6 | -28.4 | -40.2 | -27.5 | -2.47 | -5.1 | -5.1 |
| Cash per share | — | 148.2 | 240.4 | 243.6 | 23.9 | 23.1 | 23.1 |
| Capex per share | 0.11 | 1.27 | 4.19 | 1.87 | 0.3 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 11.8% | 17.3% | 14.9% | 8.65% | 23% | — | — |
| Capex / operating cash flow | -0.5% | -5.05% | -9.86% | -7.86% | -11.2% | — | — |
| Payout ratio | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $74.2M | $144.8M | $79.1M | $9.9M | $140.8M | $72.4M | $127.2M | $171M | $314M | $114.1M | $231.7M |
| YoY change | — | — | — | -86.7% | -2.73% | — | +60.7% | +1.6K% | +123% | +57.6% | +82.2% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 2.8B | 4.5B | 4.5B | 6.6B | 7.1B |
| Receivables | 30.1M | 236.4M | 266.9M | 252.6M | 462.1M |
| Inventory | 114.6M | 156M | 218.2M | 204.7M | 321M |
| Total current assets | 3B | 5.1B | 5.4B | 7.3B | 8.2B |
| Property, plant & equipment | 193.7M | 201.1M | 171.1M | 271.2M | 458.9M |
| Goodwill & intangibles | 151.5M | 146.7M | 138.7M | 132.8M | 125.4M |
| Total assets | 3.3B | 5.4B | 5.6B | 7.7B | 8.9B |
| Accounts payable | 15.9M | 11.5M | 17M | 20.7M | 163M |
| Short-term debt | 32.5M | 32M | 31.1M | 66.9M | 356.2M |
| Total current liabilities | 234.3M | 361.9M | 8.6B | 542.5M | 1B |
| Long-term debt | 61.3M | 35.9M | 22.3M | 76.1M | 23.2M |
| Total liabilities | 4.3B | 7.5B | 8.7B | 627.8M | 1B |
| Shareholders' equity | -966.1M | -2.1B | -3.1B | 7.1B | 7.9B |
| Total debt | 93.8M | 67.9M | 53.4M | 143M | 379.4M |
| Net debt | -2.6B | -2.2B | -1.6B | -4.1B | -6.3B |
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 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 4.5B | 4.2B | 486.8M | 6.6B | 6.1B | 5.8B | 5.4B | 7.1B | 6.2B | 5.4B |
| Receivables | 266.9M | 282.9M | 41.5M | 252.6M | 206.6M | 241.4M | 291.4M | 462.1M | 422M | 455.8M |
| Inventory | 218.2M | 274.1M | 39M | 204.7M | 254.4M | 289.9M | 309.4M | 321M | 338.1M | 439.1M |
| Total current assets | 5.4B | 5B | 601.3M | 7.3B | 6.9B | 6.6B | 6.5B | 8.2B | 7.3B | 6.6B |
| Property, plant & equipment | 171.1M | 168.3M | 25M | 271.2M | 282M | 354.9M | 361.2M | 458.9M | 497.7M | 712.8M |
| Goodwill & intangibles | 138.7M | 134.2M | 18.6M | 132.8M | 130.6M | 128.6M | 127.5M | 125.4M | 123.1M | 122.4M |
| Total assets | 5.6B | 5.2B | 653.3M | 7.7B | 7.3B | 7.1B | 7B | 8.9B | 8.1B | 7.8B |
| Accounts payable | 17M | 13.2M | 1.8M | 20.7M | 25.9M | 47.1M | 61.3M | 163M | 191.1M | 243.6M |
| Short-term debt | 31.1M | 25M | 4M | 66.9M | 97.2M | 136.7M | 278.3M | 356.2M | 319.8M | 520.4M |
| Total current liabilities | 8.6B | 366.7M | 1.3B | 542.5M | 504.8M | 601.3M | 774.9M | 1B | 957.5M | 1.2B |
| Long-term debt | 22.3M | 17.4M | 11.8M | 76.1M | 67.2M | 68.7M | 18.8M | 23.2M | 21M | 95.4M |
| Total liabilities | 8.7B | 8.9B | 1.3B | 627.8M | 578.2M | 682.1M | 805.5M | 1B | 1B | 1.4B |
| Shareholders' equity | -3.1B | -3.7B | -616.7M | 7.1B | 6.7B | 6.5B | 6.2B | 7.9B | 7.1B | 6.4B |
| Total debt | 53.4M | 42.4M | 15.8M | 143M | 164.4M | 205.4M | 297.1M | 379.4M | 340.8M | 615.8M |
| Net debt | -1.6B | -1.8B | -133.9M | -4.1B | -4B | -3.6B | -3.2B | -6.3B | -4.8B | -3.7B |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -694.9M | -1B | -1.3B | -1.9B | -2.5B | -1.7B |
| Depreciation & amortization | 58.3M | 65.8M | 86.6M | 89.6M | 101.1M | 166.7M |
| Stock-based compensation | 129.9M | 56M | 325.4M | 931.8M | 1.2B | 450M |
| Change in working capital | 51.7M | -122.1M | -370.7M | -79.1M | -30.9M | -265.1M |
| Operating cash flow | -431.7M | -473.7M | -797.9M | -441.9M | -742.8M | -1.3B |
| Capital expenditure | -2.1M | -23.9M | -78.6M | -34.7M | -82.9M | — |
| Investing cash flow | -509M | 461.4M | -2.2B | -546.6M | 327M | 1.8B |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | -56.3M | -181.2M | -104.3M | -39.1M | 0 | 0 |
| Financing cash flow | 743.2M | 2.6B | 2.2B | 449.8M | 2.8B | 2.2B |
| Net change in cash | -197.5M | 2.6B | -810.3M | -538.7M | 2.4B | 2.7B |
| Free cash flow | -217.2M | -532.3M | -753.1M | -511.8M | -679.1M | -1.6B |