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 % |
|---|---|---|---|---|---|---|
| Q3 26 | $0.61 | $0.67 | +9.8% | — | $3.5B | — |
| Q2 26 | $0.57 | $0.61 | +7.0% | — | $3.5B | — |
| Q1 26 | $0.52 | $0.54 | +3.8% | — | $3.2B | — |
| Q4 25 | $0.59 | $0.63 | +6.8% | — | $3.9B | — |
| Q3 25 | $0.53 | $0.56 | +5.7% | — | — | — |
| Q2 25 | $0.47 | $0.53 | +12.8% | — | — | — |
| Q1 25 | $0.45 | $0.51 | +13.3% | — | — | — |
| Q4 24 | $0.25 | $0.47 | +88.0% | — | — | — |
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 | — | $0.27 | — | — | $14.4B | — |
| FY24 | — | -$0.9 | — | — | $8.4B | — |
| FY23 | — | -$3.49 | — | — | $7.9B | — |
| FY22 | — | -$0.93 | — | — | $7.7B | — |
| FY21 | — | $2.21 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $5.1B | $7.7B | $7.9B | $8.4B | $14.4B |
| YoY change | — | +50.7% | +2.46% | +6.65% | +71.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 5.1B | 7.7B | 7.9B | 8.4B | 14.4B |
| Cost of revenue | 4.3B | 6.9B | 7.1B | 7.6B | 12.9B |
| Gross profit | 787M | 771M | 782M | 798M | 1.5B |
| Gross margin | 15.5% | 10% | 9.94% | 9.51% | 10.5% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 452M | 308M | 297M | 353M | 616M |
| Operating expenses | 452M | 308M | 297M | 353M | 616M |
| Operating income | 335M | 191M | 187M | 217M | 418M |
| Operating margin | 6.58% | 2.49% | 2.38% | 2.59% | 2.9% |
| Non-operating income, net | -50M | -102M | -130M | 98M | 50M |
| Pretax income | 292M | -64M | -340M | -123M | 115M |
| Income tax | 85M | 14M | -19M | -40M | 56M |
| Net income | 207M | -78M | -321M | -83M | 59M |
| Net margin | 4.07% | -1.02% | -4.08% | -0.99% | 0.41% |
| EBITDA | 407M | 521M | 568M | 542M | 999M |
| EPS | 2.21 | -0.93 | -3.49 | -0.9 | 0.27 |
| Diluted EPS | 2.21 | -0.93 | -3.49 | -0.9 | 0.27 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.5B | — | — | — | — | — | — | — | 3.9B | 3.2B | 3.5B | 3.5B |
| Cost of revenue | 1.3B | — | — | — | — | — | — | — | 3.5B | 2.9B | 3.1B | 3.1B |
| Gross profit | 207M | — | — | — | — | — | — | — | 417M | 326M | 345M | 360M |
| Gross margin | 14.1% | — | — | — | — | — | — | — | 10.6% | 10.1% | 9.92% | 10.3% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 110M | — | — | — | — | — | — | — | 176M | 115M | 124M | 122M |
| Operating expenses | 110M | — | — | — | — | — | — | — | 176M | 115M | 124M | 122M |
| Operating income | 97M | — | — | — | — | — | — | — | 120M | 117M | 127M | 144M |
| Operating margin | 6.6% | — | — | — | — | — | — | — | 3.06% | 3.61% | 3.65% | 4.13% |
| Non-operating income, net | -8M | — | — | — | — | — | — | — | 6M | 21M | 24M | 12M |
| Pretax income | 91M | — | — | — | — | — | — | — | 34M | 64M | 78M | 94M |
| Income tax | 21M | — | — | — | — | — | — | — | -3M | 20M | 24M | 28M |
| Net income | 70M | — | — | — | — | — | — | — | 37M | 44M | 54M | 66M |
| Net margin | 4.76% | — | — | — | — | — | — | — | 0.94% | 1.36% | 1.55% | 1.89% |
| EBITDA | 115M | — | — | — | — | — | — | — | 267M | 244M | 251M | 273M |
| EPS | — | -0.46 | 0.72 | 0.39 | 0.28 | 0.05 | 0.02 | 0.04 | 0.16 | 0.18 | 0.22 | 0.27 |
| Diluted EPS | — | -0.46 | 0.72 | 0.39 | 0.28 | 0.05 | 0.02 | 0.04 | 0.16 | 0.18 | 0.22 | 0.27 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | 2.9B | — | 4.5B |
| Enterprise value | — | — | — | 7.4B | — | 8.2B |
| Shares outstanding | 90M | 90M | 90M | 91M | 243M | 243M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 23.1 |
| P/S | — | — | — | 0.35 | — | 0.33 |
| P/B | — | — | — | 0.64 | — | 1 |
| EV/EBITDA | — | — | — | 13.7 | — | 8.1 |
| EV/Sales | — | — | — | 0.88 | — | 0.58 |
| Earnings yield | — | — | — | — | — | 4.33% |
| FCF yield | — | — | — | 1.23% | — | 10.7% |
| PEG | — | — | — | — | — | 0.04 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 15.5% | 10% | 9.94% | 9.51% | 10.5% | 10.3% |
| Operating margin | 6.58% | 2.49% | 2.38% | 2.59% | 2.9% | 4.38% |
| Net margin | 4.07% | -1.02% | -4.08% | -0.99% | 0.41% | 1.44% |
| ROE | — | -2.36% | -77.2% | -1.82% | 1.28% | 4.29% |
| ROA | — | -1.85% | -5.01% | -0.69% | 0.51% | 3.08% |
| ROIC | — | 5.94% | 4.21% | 2.4% | 2.57% | 4.64% |
| Return on tangible assets | — | 8.46% | 23.9% | 1.89% | -1.53% | -5.65% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 1.91 | 1.4 | 1.57 | 1.32 | 1.52 |
| Quick ratio | — | 1.91 | 1.4 | 1.57 | 1.32 | 1.52 |
| Debt / equity | — | 0.04 | 10.4 | 1.09 | 0.9 | 0.8 |
| Debt / assets | — | 0.03 | 0.68 | 0.41 | 0.36 | 0.34 |
| Net debt / EBITDA | — | -0.17 | 7.09 | 8.28 | 3.73 | 3.25 |
| Interest coverage | — | 0.58 | 0.14 | 0.72 | 1.33 | 1.9 |
| Effective tax rate | 29.1% | 0% | 0% | 0% | 48.7% | 25.6% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 56.6 | 85.3 | 87.4 | 92.2 | 59.2 | 58 |
| EPS (basic) | 2.21 | -0.93 | -3.49 | -0.9 | 0.27 | 0.27 |
| EPS (diluted) | 2.21 | -0.93 | -3.49 | -0.9 | 0.27 | 0.83 |
| Book value per share | — | 36.7 | 4.62 | 50 | 19 | 19.2 |
| FCF per share | 2.34 | 1.2 | 0.61 | 0.4 | 2.12 | 1.94 |
| Cash per share | — | 2.3 | 3.39 | 4.97 | 1.8 | 1.88 |
| Capex per share | 0.38 | 0.2 | 0.13 | 0.12 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 0.67% | 0.23% | 0.15% | 0.13% | — | — |
| Capex / operating cash flow | 20.6% | 20.5% | -13.5% | -11.2% | — | — |
| Payout ratio | — | — | — | — | — | 0% |
| $5.1B |
| — |
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Revenue | $1.5B | — | — | — | — | — | — | — | $3.9B | $3.2B | $3.5B | $3.5B |
| YoY change | — | — | — | — | — | — | — | — | — | — | — | — |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash & short-term investments | 207M | 305M | 452M | 437M |
| Receivables | 368M | 1.4B | 2.4B | 2.5B |
| Inventory | — | — | — | — |
| Total current assets | 1.4B | 1.9B | 3.1B | 3.1B |
| Property, plant & equipment | 166M | 317M | 380M | 100M |
| Goodwill & intangibles | 5.1B | 7.8B | 16.4B | 15.3B |
| Total assets | 4.2B | 6.4B | 12B | 11.5B |
| Accounts payable | 215M | 560M | 764M | 892M |
| Short-term debt | 27M | 98M | 103M | 109M |
| Total current liabilities | 713M | 1.4B | 2B | 2.4B |
| Long-term debt | 94M | 4.2B | 4.8B | 4.1B |
| Total liabilities | 919M | 6B | 7.4B | 6.8B |
| Shareholders' equity | 3.3B | 416M | 4.6B | 4.6B |
| Total debt | 121M | 4.3B | 4.9B | 4.2B |
| Net debt | -86M | 4B | 4.5B | 3.7B |
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 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 305M | 192M | 179M | 196M | 452M | 522M | 546M | 738M | 437M | 247M | 428M | 459M |
| Receivables | 1.4B | 328M | 301M | 309M | 2.4B | 2.4B | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B | 2.6B |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 1.9B | 1.3B | 1.3B | 1.3B | 3.1B | 3.1B | 3.3B | 3.4B | 3.1B | 3B | 3.1B | 3.2B |
| Property, plant & equipment | 317M | 163M | 156M | 153M | 380M | — | — | — | 100M | — | — | — |
| Goodwill & intangibles | 7.8B | 5.1B | 5B | 5B | 16.4B | 16.2B | 16B | 15.4B | 15.3B | 15.1B | 14.9B | 14.8B |
| Total assets | 6.4B | 4.2B | 4.2B | 4.1B | 12B | 11.9B | 12B | 11.8B | 11.5B | 11.2B | 11.2B | 11.2B |
| Accounts payable | 560M | 209M | 211M | 196M | 764M | 726M | 876M | 821M | 892M | 871M | 832M | 825M |
| Short-term debt | 98M | 25M | 24M | 24M | 103M | 44M | 43M | 43M | 109M | 41M | 40M | 54M |
| Total current liabilities | 1.4B | 643M | 640M | 629M | 2B | 2B | 2.1B | 2.2B | 2.4B | 2.1B | 2.1B | 2.1B |
| Long-term debt | 4.2B | 74M | 72M | 70M | 4.8B | 4.6B | 4.6B | 4.4B | 4.1B | 3.9B | 3.9B | 3.8B |
| Total liabilities | 6B | 814M | 818M | 801M | 7.4B | 7.4B | 7.4B | 7.2B | 6.8B | 6.5B | 6.5B | 6.4B |
| Shareholders' equity | 416M | 3.4B | 3.4B | 3.3B | 4.6B | 4.6B | 4.6B | 4.6B | 4.6B | 4.7B | 4.7B | 4.8B |
| Total debt | 4.3B | 99M | 96M | 94M | 4.9B | 4.7B | 4.7B | 4.5B | 4.2B | 3.9B | 3.9B | 3.8B |
| Net debt | 4B | -93M | -83M | -102M | 4.5B | 4.2B | 4.1B | 3.7B | 3.7B | 3.7B | 3.5B | 3.4B |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | 207M | -78M | -321M | -83M | 59M |
| Depreciation & amortization | 72M | 292M | 325M | 251M | 519M |
| Stock-based compensation | 7M | 3M | 3M | 18M | 21M |
| Change in working capital | -173M | -144M | -57M | -136M | -170M |
| Operating cash flow | 165M | 88M | -89M | -98M | 543M |
| Capital expenditure | -34M | -18M | -12M | -11M | — |
| Investing cash flow | -272M | -1.8B | -17M | 475M | 255M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | — | — | — | — | — |
| Financing cash flow | 14M | 1.7B | -112M | -382M | -790M |
| Net change in cash | -93M | 25M | -218M | -5M | 8M |
| Free cash flow | 211M | 108M | 55M | 36M | 516M |
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 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 70M | -39M | 175M | 281M | -283M | 21M | 2M | -1M | 37M | 44M | 54M | 66M |
| Depreciation & amortization | 18M | 63M | -28M | -72M | 197M | 129M | 129M | 129M | 132M | 106M | 100M | 101M |
| Stock-based compensation | 1M | 1M | 2M | 2M | 14M | 3M | 5M | 7M | 6M | 7M | — | — |
| Change in working capital | 10M | -125M | 100M | 175M | -124M | -62M | -90M | -50M | 32M | -159M | -47M | 52M |
| Operating cash flow | 102M | -109M | 258M | 398M | -340M | 78M | 49M | 106M | 270M | -136M | 225M | 146M |
| Capital expenditure | -5M | -2M | -4M | -5M | -1M | -8M | -4M | — | — | — | — | — |
| Investing cash flow | -53M | -3M | -8M | 83M | -89M | -8M | -31M | 280M | 1M | -27M | -11M | 14M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -102M | -14M | -115M | -282M | 474M | -16M | -12M | -203M | -559M | -20M | -24M | -121M |
| Net change in cash | -53M | -126M | 135M | 199M | 45M | 54M | 6M | 183M | -288M | -183M | 190M | 39M |
| Free cash flow | 99M | -85M | 227M | 320M | -201M | 102M | 53M | 100M | 261M | -142M | 220M | 135M |