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 | $0.45 | $0.52 | +15.6% | — | $772M | — |
| Q4 25 | $0.41 | $0.39 | -4.9% | — | $654M | — |
| Q3 25 | $0.44 | $0.44 | 0.0% | — | $676M | — |
| Q2 25 | $0.43 | $0.4 | -7.0% | — | $655M | — |
| Q1 25 | $0.37 | $0.41 | +10.8% | — | $598M | — |
| Q4 24 | $0.28 | $0.27 | -3.6% | — | $554M | — |
| Q3 24 | $0.29 | $0.35 | +20.7% | — | $581M | — |
| Q2 24 | $0.3 | $0.39 | +30.0% | — | $572M | — |
| Q1 24 | $0.38 | $0.39 | +2.6% | — | $529M | — |
| Q4 23 | $0.12 | $0.2 | +66.7% | — | $474M | — |
| Q3 23 | $0.23 | $0.33 | +43.5% | — | $496M | — |
| Q2 23 | $0.18 | $0.39 | +116.7% | — | $506M | — |
| Q1 23 | $0.12 | $0.35 | +191.7% | — | $469M | — |
| Q4 22 | $0.07 | $0.21 | +200.0% | — | $435M | — |
| Q3 22 | $0.06 | $0.38 | +533.3% | — | $483M | — |
| Q2 22 | $0.33 | $0.47 | +42.4% | — | $504M | — |
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 | — | $0.09 | — | — | $2.6B | — |
| FY24 | — | -$0.48 | — | — | $2.2B | — |
| FY23 | — | -$0.68 | — | — | $1.9B | — |
| FY22 | — | -$0.42 | — | — | $2B |
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 | $846.6M | $1.1B | $1.3B | $2.7B | $3.3B | $2.1B | $2B | $1.9B | $2.2B | $2.6B |
| YoY change | +31.3% | +27.2% | +23.8% | +105.7% | +21.8% | -36.2% | -8.16% | -0.66% | +15% | +15.5% |
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 | 846.6M | 1.1B | 1.3B | 2.7B | 3.3B | 2.1B | 2B | 1.9B | 2.2B | 2.6B |
| Cost of revenue | 69.3M | 85.2M | 153.6M | 1.5B | 1.9B | 323M | 367M | 421M | 527M | 668M |
| Gross profit | 777.3M | 991.6M | 1.2B | 1.2B | 1.5B | 1.8B | 1.6B | 1.5B | 1.7B | 1.9B |
| Gross margin | 91.8% | 92.1% | 88.5% | 43.7% | 44.1% | 84.8% | 81.3% | 78.4% | 76.4% | 74.1% |
| Research & development | 255.6M | 320M | 410.8M | 350.9M | 390.2M | 421M | 498M | 560M | 585M | 607M |
| Selling, general & administrative | 714.4M | 659M | 814.8M | 1.1B | 1B | 1.1B | 1.2B | 1.2B | 1.3B | 1.3B |
| Operating expenses | 970M | 979M | 1.2B | 1.4B | 1.4B | 1.6B | 1.7B | 1.8B | 1.9B | 1.9B |
| Operating income | -192.7M | 12.6M | -45.6M | -246.8M | 35.4M | 259M | -69M | -247M | -190M | -32M |
| Operating margin | -22.8% | 1.17% | -3.42% | -9% | 1.06% | 12.1% | -3.52% | -12.7% | -8.5% | -1.24% |
| Non-operating income, net | -20.2M | -169.1M | -64.1M | 39M | -49.8M | -30M | 19M | 129M | 119M | 75M |
| Pretax income | -220.3M | -184M | -151M | -309.6M | -169.6M | 101M | -85M | -154M | -107M | 25M |
| Income tax | 130K | -89.6M | -31.1M | -4.3M | -7.5M | -1M | 3M | 4M | 5M | 2M |
| Net income | -220.4M | -94.4M | -119.9M | -305.4M | -162.1M | -528M | -101M | -158M | -112M | 23M |
| Net margin | -26% | -8.77% | -8.99% | -11.1% | -4.85% | -24.8% | -5.16% | -8.12% | -5.01% | 0.89% |
| EBITDA | -89.4M | 128.1M | 73M | -96.6M | 195.3M | 419M | 154M | 126M | 187M | 317M |
| EPS | -1.22 | -0.51 | -0.61 | -1.48 | -0.72 | -2.11 | -0.42 | -0.68 | -0.48 | 0.09 |
| Diluted EPS | -1.22 | -0.51 | -0.61 | -1.48 | -0.72 | -2.11 | -0.42 | -0.68 | -0.48 | 0.09 |
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 | 496M | 474M | 529M | 572M | 581M | 554M | 598M | 655M | 676M | 654M | 708M | 772M |
| Cost of revenue | 110M | 115M | 123M | 130M | 140M | 134M | 139M | 166M | 185M | 178M | 189M | 210M |
| Gross profit | 386M | 359M | 406M | 442M | 441M | 420M | 459M | 489M | 491M | 476M | 519M | 562M |
| Gross margin | 77.8% | 75.7% | 76.7% | 77.3% | 75.9% | 75.8% | 76.8% | 74.7% | 72.6% | 72.8% | 73.3% | 72.8% |
| Research & development | 142M | 141M | 147M | 144M | 145M | 149M | 149M | 153M | 151M | 154M | 150M | 156M |
| Selling, general & administrative | 295M | 311M | 298M | 336M | 340M | 340M | 319M | 347M | 341M | 333M | 333M | 380M |
| Operating expenses | 437M | 452M | 445M | 480M | 485M | 489M | 468M | 500M | 492M | 487M | 483M | 536M |
| Operating income | -51M | -93M | -39M | -38M | -44M | -69M | -9M | -11M | -1M | -11M | 36M | 26M |
| Operating margin | -10.3% | -19.6% | -7.37% | -6.64% | -7.57% | -12.5% | -1.51% | -1.68% | -0.15% | -1.68% | 5.08% | 3.37% |
| Non-operating income, net | 32M | 32M | 27M | 33M | 33M | 26M | 22M | 18M | 16M | 19M | 16M | -23M |
| Pretax income | -28M | -70M | -21M | -15M | -20M | -51M | 8M | 2M | 12M | 3M | 48M | -3M |
| Income tax | 0 | 3M | 2M | 2M | 0 | 1M | 0 | 0 | 2M | 0 | 2M | 1M |
| Net income | -28M | -73M | -23M | -17M | -20M | -52M | 8M | 2M | 10M | 3M | 46M | -4M |
| Net margin | -5.65% | -15.4% | -4.35% | -2.97% | -3.44% | -9.39% | 1.34% | 0.31% | 1.48% | 0.46% | 6.5% | -0.52% |
| EBITDA | 38M | 20M | 53M | 58M | 55M | 21M | 80M | 76M | 86M | 75M | 119M | 106M |
| EPS | -0.12 | -0.32 | -0.1 | -0.07 | -0.08 | -0.22 | 0.03 | 0.01 | 0.04 | 0.01 | 0.19 | -0.02 |
| Diluted EPS | -0.12 | -0.32 | -0.1 | -0.07 | -0.08 | -0.22 | 0.03 | 0.01 | 0.04 | 0.01 | 0.19 | -0.02 |
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 | 6.6B | 7.6B | 6.3B | 9.5B | 29.1B | — | 7.8B | 13.5B | 17.3B | 16.5B | 6.2B |
| Enterprise value | 6.4B | 7.3B | 5.5B | 9.6B | 27.7B | — | 6.3B | 12.5B | 16.1B | 15.7B | 6.3B |
| Shares outstanding | 180.1M | 186.5M | 197.9M | 206.4M | 223.8M | 249.9M | 242.2M | 233.6M | 234.1M | 241.9M | 241.9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | 717.6 | 120.2 |
| P/S | 7.76 | 7.09 | 4.69 | 3.46 | 8.7 | — | 3.98 | 6.95 | 7.75 | 6.39 | 2.21 |
| P/B | 2.59 | 2.87 | 1.91 | 2.76 | 6.13 | — | 1.74 | 2.99 | 3.58 | 3.38 | 1.36 |
| EV/EBITDA | -71.9 | 56.6 | 75.9 | -99.1 | 141.6 | — | 40.9 | 99.5 | 86.3 | 49.4 | 35.7 |
| EV/Sales | 7.6 | 6.74 | 4.16 | 3.49 | 8.28 | — | 3.22 | 6.45 | 7.22 | 6.07 | 2.23 |
| Earnings yield | — | — | — | — | — | — | — | — | — | 0.14% | 0.83% |
| FCF yield | -0.96% | 2.35% | -1.19% | -7.37% | 1.09% | — | 55.9% | 1.4% | 1.48% | 0.61% | 3.96% |
| PEG | — | — | — | — | — | — | — | — | — | — | -0.4 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 91.8% | 92.1% | 88.5% | 43.7% | 44.1% | 84.8% | 81.3% | 78.4% | 76.4% | 74.1% | 72.8% |
| Operating margin | -22.8% | 1.17% | -3.42% | -9% | 1.06% | 12.1% | -3.52% | -12.7% | -8.5% | -1.24% | 4.66% |
| Net margin | -26% | -8.77% | -8.99% | -11.1% | -4.85% | -24.8% | -5.16% | -8.12% | -5.01% | 0.89% | 1.96% |
| ROE | -8.7% | -3.55% | -3.67% | -8.89% | -3.42% | -9.89% | -2.25% | -3.49% | -2.31% | 0.47% | 1.22% |
| ROA | -7% | -2.92% | -2.79% | -4.98% | -2.17% | -4.94% | -1.54% | -2.38% | -1.92% | 0.4% | 0.89% |
| ROIC | -8.05% | 0.55% | -1.78% | -7% | 1.06% | 6.29% | -2.31% | -6.96% | -5.21% | -0.73% | 1.1% |
| Return on tangible assets | 12.6% | 7.43% | 108.5% | -17.1% | -4.87% | -9.44% | -6.7% | -29.5% | 13% | -1.99% | -3.63% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 5.99 | 7.11 | 6.58 | 3.81 | 5.46 | 1.98 | 13.3 | 3.24 | 2.81 | 3.13 | 1.92 |
| Quick ratio | 5.99 | 7.11 | 6.02 | 2.9 | 4.92 | 0.97 | 13.3 | 3.24 | 2.81 | 3.13 | 1.92 |
| Debt / equity | 0.15 | 0.14 | 0.26 | 0.73 | 0.53 | 0.3 | 0.42 | 0.4 | 0.14 | 0.09 | 0.13 |
| Debt / assets | 0.12 | 0.12 | 0.2 | 0.41 | 0.34 | 0.15 | 0.28 | 0.28 | 0.11 | 0.08 | 0.11 |
| Net debt / EBITDA | 1.57 | -2.94 | -9.67 | -0.94 | -7.18 | -2.92 | -9.71 | -7.76 | -6.41 | -2.64 | -0.32 |
| Interest coverage | -28.7 | -5.69 | -2.66 | -2.04 | -0.09 | 1.79 | -1.43 | -3.28 | -1.97 | 2.39 | 4.33 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 8% | 8.33% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 4.7 | 5.78 | 6.74 | 13.3 | 14.9 | 8.53 | 8.09 | 8.33 | 9.55 | 10.7 | 11.9 |
| EPS (basic) | -1.22 | -0.51 | -0.61 | -1.48 | -0.72 | -2.11 | -0.42 | -0.68 | -0.48 | 0.09 | 0.09 |
| EPS (diluted) | -1.22 | -0.51 | -0.61 | -1.48 | -0.72 | -2.11 | -0.42 | -0.68 | -0.48 | 0.09 | 0.23 |
| Book value per share | 14.1 | 14.3 | 16.5 | 16.6 | 21.2 | 21.4 | 18.5 | 19.4 | 20.7 | 20.2 | 20.3 |
| FCF per share | -0.35 | 0.96 | -0.38 | -3.39 | 1.41 | -13.1 | 18 | 0.81 | 1.1 | 0.42 | 0.97 |
| Cash per share | 2.82 | 4.09 | 7.86 | 11.7 | 17.5 | 11.3 | 13.9 | 12 | 7.94 | 5.35 | 3.1 |
| Capex per share | 0.34 | 0.36 | 0.33 | 0.32 | 0.38 | 0.3 | 0.47 | 0.58 | 0.61 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 7.33% | 6.2% | 4.95% | 2.44% | 2.54% | 3.47% | 5.87% | 6.94% | 6.4% | — | — |
| Capex / operating cash flow | -2.7K% | 163% | -153% | -10.6% | 24.3% | -2.27% | 2.49% | 32.9% | 27.9% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$2.11 | — | — | $2.1B | — |
| FY20 | — | -$0.72 | — | — | $3.3B | — |
| FY19 | — | -$1.48 | — | — | $2.7B | — |
| FY18 | — | -$0.61 | — | — | $1.3B | — |
| FY17 | — | -$0.51 | — | — | $1.1B | — |
| FY16 | — | -$1.22 | — | — | $846.6M | — |
| 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 | $496M | $474M | $529M | $572M | $581M | $554M | $598M | $655M | $676M | $654M | $708M | $772M |
| YoY change | +2.69% | +8.97% | +12.8% | +13% | +17.1% | +16.9% | +13% | +14.5% | +16.4% | +18.1% | +18.4% | +17.9% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 507.5M | 762.5M | 1.6B | 2.4B | 3.9B | 2.8B | 3.4B | 2.8B | 1.9B | 1.3B |
| Receivables | 32.3M | 51.3M | 61.1M | 67M | 69.9M | 77M | 72M | 96M | 104M | 149M |
| Inventory | — | 0 | 162.8M | 836.6M | 491.3M | 3.9B | — | — | — | — |
| Total current assets | 582.9M | 841.5M | 1.9B | 3.5B | 5B | 7.7B | 3.6B | 3.1B | 2.3B | 2.1B |
| Property, plant & equipment | 200.4M | 242.3M | 285.1M | 382.6M | 384.1M | 345M | 397M | 401M | 103.2M | 87M |
| Goodwill & intangibles | 4.9B | 4.5B | 4.4B | 4.4B | 4.2B | 5.1B | 5.1B | 6.1B | 6.7B | 6.8B |
| Total assets | 3.1B | 3.2B | 4.3B | 6.1B | 7.5B | 10.7B | 6.6B | 6.7B | 5.8B | 5.7B |
| Accounts payable | 4.3M | 3.6M | 7.5M | 8.3M | 19M | 11M | 20M | 28M | 30M | 36M |
| Short-term debt | — | — | 149.7M | 749.2M | 698.5M | 137M | 68M | 737M | 577M | 378M |
| Total current liabilities | 97.2M | 118.4M | 287.5M | 920.5M | 908.6M | 3.9B | 270M | 971M | 831M | 679M |
| Long-term debt | 367.4M | 385.4M | 699M | 1.8B | 1.8B | 1.5B | 1.8B | 1.1B | 83M | 79M |
| Total liabilities | 616.1M | 569.7M | 1B | 2.7B | 2.7B | 5.4B | 2.1B | 2.1B | 981M | 801M |
| Shareholders' equity | 2.5B | 2.7B | 3.3B | 3.4B | 4.7B | 5.3B | 4.5B | 4.5B | 4.8B | 4.9B |
| Total debt | 367.4M | 385.4M | 848.7M | 2.5B | 2.5B | 1.6B | 1.9B | 1.8B | 660M | 457M |
| Net debt | 123.8M | 33.3M | 197.7M | 1.4B | 816.6M | -711M | 401M | 340M | -422M | -311M |
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 | 3.3B | 2.8B | 2.9B | 2.6B | 2.2B | 1.9B | 1.6B | 1.2B | 1.4B | 1.3B | 783M | 682M |
| Receivables | 97M | 96M | 100M | 115M | 117M | 104M | 115M | 151M | 157M | 149M | 153M | 175M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 3.6B | 3.1B | 3.3B | 3.1B | 2.7B | 2.3B | 2.2B | 1.8B | 2.1B | 2.1B | 1.7B | 1.7B |
| Property, plant & equipment | 427M | 401M | 116M | 111M | 108M | 103.2M | 94.8M | 99M | 93.4M | 87M | 90.8M | 91.4M |
| Goodwill & intangibles | 5.2B | 6.1B | 6.7B | 6.7B | 6.7B | 6.7B | 6.9B | 6.9B | 6.9B | 6.8B | 6.8B | 6.8B |
| Total assets | 6.7B | 6.7B | 6.8B | 6.6B | 6.2B | 5.8B | 5.7B | 5.4B | 5.7B | 5.7B | 5.2B | 5.3B |
| Accounts payable | 28M | 28M | 34M | 39M | 53M | 30M | 35M | 56M | 38M | 36M | 68M | 72M |
| Short-term debt | 726M | 737M | 758M | 1.2B | 581M | 577M | 607M | 242M | 285M | 378M | 349M | 481M |
| Total current liabilities | 941M | 971M | 1B | 1.5B | 854M | 831M | 875M | 546M | 584M | 679M | 724M | 906M |
| Long-term debt | 1.2B | 1.1B | 1.1B | 586M | 583M | 83M | 80M | 86M | 82M | 79M | 80M | 77M |
| Total liabilities | 2.1B | 2.1B | 2.2B | 2.1B | 1.5B | 981M | 992M | 670M | 706M | 801M | 818M | 997M |
| Shareholders' equity | 4.5B | 4.5B | 4.7B | 4.5B | 4.7B | 4.8B | 4.8B | 4.7B | 5B | 4.9B | 4.4B | 4.3B |
| Total debt | 1.9B | 1.8B | 1.9B | 1.8B | 1.2B | 660M | 687M | 328M | 367M | 457M | 429M | 558M |
| Net debt | 56M | 340M | 412M | 628M | 92M | -422M | -227M | -259M | -507M | -311M | -249M | -14M |
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 | -220.4M | -94.4M | -119.9M | -305.4M | -162.1M | -528M | -101M | -158M | -112M | 23M |
| Depreciation & amortization | 100.6M | 110.2M | 99.4M | 110.6M | 134.4M | 153M | 180M | 222M | 250M | 272M |
| Stock-based compensation | 106.9M | 113.6M | 149.1M | 198.9M | 197.6M | 312M | 451M | 451M | 448M | 390M |
| Change in working capital | 9.4M | -23.9M | -201.3M | -721.7M | 43.5M | -3.7B | 4B | -129M | -111M | -291M |
| Operating cash flow | -2.3M | 40.9M | -43.2M | -630.8M | 349.5M | -3.3B | 4.6B | 410M | 512M | 368M |
| Capital expenditure | -62.1M | -66.7M | -66.1M | -67M | -84.9M | -74M | -115M | -135M | -143M | — |
| Investing cash flow | -54.1M | -235.5M | -610.2M | -436.5M | -1B | 1.1B | -1.5B | 55M | 423M | 261M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | 0 | 0 | -302M | -947M | -424M | -301M | -670M |
| Financing cash flow | 40.3M | -365K | 810.1M | 1.5B | 39.2M | 1B | -6.7B | -424M | -1.4B | -862M |
| Net change in cash | -16.1M | -194.9M | 156.7M | 386.7M | -626.2M | -1.1B | -3.6B | 41M | -510M | -233M |
| Free cash flow | -63.1M | 179.6M | -74.7M | -698.8M | 315.7M | -3.3B | 4.4B | 189M | 257M | 101M |
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 | -28M | -73M | -23M | -17M | -20M | -52M | 8M | 2M | 10M | 3M | 46M | -4M |
| Depreciation & amortization | 55M | 70M | 59M | 62M | 65M | 64M | 67M | 69M | 69M | 67M | 67M | 67M |
| Stock-based compensation | 109M | 109M | 108M | 113M | 108M | 119M | 97M | 99M | 99M | 95M | 81M | 88M |
| Change in working capital | 17M | -19M | -40M | -125M | 98M | -12M | -39M | -111M | 61M | -96M | 57M | -121M |
| Operating cash flow | 161M | 88M | 112M | 45M | 263M | 124M | 136M | 87M | 105M | 72M | 200M | 11M |
| Capital expenditure | -35M | -34M | -39M | -37M | -33M | -34M | -36M | — | — | — | — | — |
| Investing cash flow | 295M | -308M | -197M | 4M | 335M | 281M | 56M | 121M | 59M | -11M | 420M | -6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -100M | -88M | -9M | -292M | 0 | 0 | -250M | -150M | -38M | -232M | -626M | -200M |
| Financing cash flow | -75M | -142M | 21M | -233M | -642M | -502M | -252M | -150M | 0 | -140M | -684M | -200M |
| Net change in cash | 381M | -362M | -64M | -184M | -44M | -97M | -60M | 58M | 164M | -79M | -64M | -195M |
| Free cash flow | 34M | 46M | 34M | 11M | 131M | 81M | -40M | 43M | 65M | 33M | 156M | -34M |