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 | $0.07 | -$0.34 | -585.7% | — | $170.1M | — |
| Q1 26 | -$0.1 | -$0.58 | -480.0% | — | $243.6M | — |
| Q4 25 | -$0.47 | -$6.4 | -1261.7% | — | $299.2M | — |
| Q3 25 | -$0.5 | $2.47 | +594.0% | — | $402.2M | — |
| Q3 24 | -$1.6 | -$3.03 | -89.4% | — | $328.4M | — |
| Q2 24 | -$1.76 | $0.37 | +121.0% | — | $509.9M | — |
| Q1 24 | -$2.08 | -$0.55 | +73.6% | — | $854.6M | — |
| Q4 23 | -$3.33 | $8.01 | +340.5% | — | $214.5M | — |
| Q3 23 | -$3.25 | $2.71 | +183.4% | — | $204.8M | — |
| Q2 23 | -$4 | -$4.75 | -18.8% | — | $347.6M | — |
| Q1 23 | -$0.18 | -$0.17 | +5.6% | — | $13.2M | — |
| Q4 22 | -$0.18 | -$1.24 | -588.9% | — | $15.6M | — |
| Q3 22 | -$2.98 | -$152.8 | -5025.8% | — | $13.2M | — |
| Q2 22 | -$4.02 | -$3.91 | +2.7% | — | $14M | — |
| Q1 22 | -$4.25 | -$3 | +29.4% | — | $12.5M | — |
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 | — | -$8.87 | — | — | $2.3B | — |
| FY24 | — | -$7.97 | — | — | $3.5B | — |
| FY23 | — | -$21 | — | — | $780.1M | — |
| FY22 | — | -$203 | — | — | $56.2M | — |
| FY21 | — | -$106.1 | — |
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 | $28.5M | $37.3M | $56.2M | $780.1M | $3.5B | $2.3B |
| YoY change | — | +30.7% | +50.9% | +1.3K% | +347.4% | -33.1% |
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 | Q1 24 | Q2 24 | Q3 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 | 28.5M | 37.3M | 56.2M | 780.1M | 3.5B | 2.3B |
| Cost of revenue | — | — | 1.7M | 718.5M | 3.4B | 2.3B |
| Gross profit | — | — | 54.6M | 61.6M | 87M | 26.9M |
| Gross margin | — | — | 97.1% | 7.9% | 2.49% | 1.15% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 66.9M | 168.5M | 203M | 166.6M | 144.2M | 122.6M |
| Operating expenses | 70.8M | 172M | 206.5M | 175.9M | 170.4M | 168M |
| Operating income | -50.5M | -149.3M | -177.3M | -128.2M | -83.7M | -141.7M |
| Operating margin | -177.1% | -400.7% | -315.4% | -16.4% | -2.4% | -6.07% |
| Non-operating income, net | -28.9M | -92.9M | -1.8B | -101.5M | -23.9M | 43.5M |
| Pretax income | -79.2M | -242.4M | -2B | -225.4M | -103.3M | -97.4M |
| Income tax | 391K | 11.9M | -11.3M | 444K | 170K | -49K |
| Net income | -79.6M | -254.4M | -2B | -225.8M | -103.4M | -132.2M |
| Net margin | -279.4% | -682.8% | -3.5K% | -28.9% | -2.96% | -5.66% |
| EBITDA | -13.6M | -40.5M | 1.7B | -13M | -57M | -165.2M |
| EPS | -39.8 | -106.1 | -203 | -21 | -7.97 | -8.87 |
| Diluted EPS | -39.8 | -106.1 | -203 | -21 | -7.97 | -8.87 |
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 | 204.8M | 214.5M | 854.6M | 509.9M | 328.4M | 1.8B | 1.1B | 577.9M | 402.2M | 299.2M | 243.6M | 170.1M |
| Cost of revenue | 189.4M | 196.9M | 832M | 491.7M | 312.8M | 1.8B | 1.1B | 561.1M | 396.8M | 295.9M | 240M | 167.9M |
| Gross profit | 15.3M | 17.6M | 22.6M | 18.2M | 15.6M | 30.6M | 20.3M | 16.8M | 5.4M | 3.3M | 3.6M | 2.2M |
| Gross margin | 7.49% | 8.21% | 2.65% | 3.57% | 4.74% | 1.7% | 1.89% | 2.91% | 1.34% | 1.11% | 1.49% | 1.3% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 39.6M | 36.3M | 41.7M | 35.2M | 39.2M | 28.1M | 30.4M | 30.7M | 20.9M | 64.5M | 18.5M | 18.2M |
| Operating expenses | 41.6M | 38.2M | 48M | 39.1M | 41.8M | 41.5M | 38.3M | 35.1M | 24.9M | 93.9M | 20.5M | 19.5M |
| Operating income | -30.2M | -23.7M | -25.4M | -21M | -26.4M | -10.9M | -18.3M | -18.5M | -19.7M | -90.7M | -16.9M | -18.4M |
| Operating margin | -14.8% | -11.1% | -2.97% | -4.13% | -8.03% | -0.61% | -1.7% | -3.2% | -4.89% | -30.3% | -6.95% | -10.8% |
| Non-operating income, net | -22.5M | -55.8M | 3.3M | -15.6M | 18.9M | -30.5M | 34M | -11.6M | -1.9M | 22M | 5.3M | 99M |
| Pretax income | -51.5M | -78.7M | -21.1M | -35.4M | -6.4M | -40.3M | 16.3M | -30.1M | -21.6M | -68.4M | -11.4M | 81.1M |
| Income tax | 231K | 43K | 156K | 74K | -114K | 54K | 49K | 60K | -25K | -150K | 12K | 5K |
| Net income | -51.7M | -78.7M | -21.3M | -35.5M | -6.3M | -40.4M | 16.2M | -30.2M | -23.2M | -95.2M | -11.7M | 80.8M |
| Net margin | -25.3% | -36.7% | -2.49% | -6.96% | -1.92% | -2.25% | 1.51% | -5.22% | -5.76% | -31.8% | -4.78% | 47.5% |
| EBITDA | -3.4M | 34.8M | -27.9M | -4.8M | -45.2M | 21M | -50.1M | -9.7M | 21.4M | -134.1M | -21.3M | -116M |
| EPS | -4.74 | — | -1.86 | -2.67 | -0.45 | -2.95 | 1.18 | -2.16 | -1.15 | — | -0.41 | 1.96 |
| Diluted EPS | -4.74 | — | -1.86 | -2.67 | -0.45 | -2.95 | 1.13 | -2.16 | -1.15 | — | -0.41 | 1.94 |
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 |
|---|---|---|---|---|---|---|---|
| Market cap | 503.7M | — | — | — | — | — | 360.6M |
| Enterprise value | 428.8M | — | — | — | — | — | 308.8M |
| Shares outstanding | 2M | 2.3M | 2.8M | 3.6M | 5.9M | 25.5M | 25.5M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | -0.9 |
| P/S | 17.7 | — | — | — | — | — | 0.32 |
| P/B | 1.23 | — | — | — | — | — | 1.02 |
| EV/EBITDA | -31.5 | — | — | — | — | — | -2.62 |
| EV/Sales | 15 | — | — | — | — | — | 0.28 |
| Earnings yield | — | — | — | — | — | — | -111% |
| FCF yield | -10.2% | — | — | — | — | — | -9.41% |
| PEG | — | — | — | — | — | — | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 97.1% | 7.9% | 2.49% | 1.15% | 1.3% |
| Operating margin | -177.1% | -400.7% | -315.4% | -16.4% | -2.4% | -6.07% | -10.8% |
| Net margin | -279.4% | -682.8% | -3.5K% | -28.9% | -2.96% | -5.66% | -2.78% |
| ROE | -19.4% | -11.1% | -592.1% | -166.4% | -164.6% | -117.2% | -10.2% |
| ROA | -17% | -10.5% | -436.9% | -23.4% | -38.4% | -81.2% | -25% |
| ROIC | -15.1% | -7.8% | -144% | -138.5% | -176.8% | -164.5% | -47.9% |
| Return on tangible assets | 64.8% | 18% | -637.5% | -27.4% | -81.1% | -591.1% | -110.4% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 2.59 | 6.3 | 3.54 | 1.1 | 1.33 | 2.19 | 3.14 |
| Quick ratio | 2.59 | 6.3 | 3.54 | 1.1 | 1.33 | 2.19 | 3.14 |
| Debt / equity | 0.01 | 0 | 0.08 | 0.2 | 0.37 | 0 | 0 |
| Debt / assets | 0 | 0 | 0.06 | 0.03 | 0.09 | 0 | 0 |
| Net debt / EBITDA | 5.49 | 9.38 | -0.13 | 3.31 | 0.27 | 0.16 | 0.2 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 14.3 | 16.3 | 19.8 | 218.9 | 595.7 | 91.5 | 42.6 |
| EPS (basic) | -39.8 | -106.1 | -203 | -21 | -7.97 | -8.87 | -8.87 |
| EPS (diluted) | -39.8 | -106.1 | -203 | -21 | -7.97 | -8.87 | -3.76 |
| Book value per share | 205 | 1K | 118.1 | 38.1 | 10.7 | 4.42 | 7.87 |
| FCF per share | -25.8 | -61.9 | -52 | -19.7 | -4.15 | -6.16 | -2.16 |
| Cash per share | 38.6 | 171.2 | 84.1 | 19.7 | 6.66 | 1.07 | 1.15 |
| Capex per share | — | — | — | — | — | 0.05 | 0.07 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | — | — | — | 0.05% | 0.27% |
| Capex / operating cash flow | — | — | — | — | — | -0.76% | -3.56% |
| Payout ratio | — | — | — | — | — | — | 0% |
| — |
| $37.3M |
| — |
| FY20 | — | -$39.8 | — | — | $28.5M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $204.8M | $214.5M | $854.6M | $509.9M | $328.4M | $1.8B | $1.1B | $577.9M | $402.2M | $299.2M | $243.6M | $170.1M |
| YoY change | +1.4K% | +1.3K% | +6.4K% | +46.7% | +60.4% | +737.9% | +25.8% | +13.3% | +22.5% | -83.4% | -77.3% | -70.6% |
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 | 77.2M | 391.4M | 239.4M | 70.3M | 39M | 27.2M |
| Receivables | 5.7M | 11.4M | 25.3M | 29.7M | 24.6M | 4.3M |
| Inventory | — | — | — | — | — | — |
| Total current assets | 132.1M | 463.5M | 326.5M | 882.6M | 183.8M | 72.2M |
| Property, plant & equipment | 22.2M | 17.4M | 39.4M | 11.5M | 11.8M | 1.7M |
| Goodwill & intangibles | 591.3M | 3.8B | 143.4M | 141.8M | 141.8M | 140.4M |
| Total assets | 468.4M | 2.4B | 455.5M | 966.9M | 269.4M | 162.8M |
| Accounts payable | 7.2M | 10.6M | 26M | 19.8M | 12.8M | 6.2M |
| Short-term debt | 1.1M | 615K | 3M | 3.6M | 4.3M | 549K |
| Total current liabilities | 51.1M | 73.6M | 92.1M | 802.1M | 137.7M | 33M |
| Long-term debt | 1.2M | 10.6M | 23.4M | 23.5M | 19.3M | 0 |
| Total liabilities | 58.6M | 120.1M | 119.4M | 831.2M | 206.5M | 50M |
| Shareholders' equity | 409.8M | 2.3B | 336.1M | 135.7M | 62.9M | 112.8M |
| Total debt | 2.3M | 11.3M | 26.4M | 27.2M | 23.5M | 549K |
| Net debt | -73.1M | -380.1M | -71.9M | -25.7M | -15.5M | -26.4M |
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 | 90.9M | 70.3M | 74.6M | 60.7M | 35.7M | 39M | 23M | 43.5M | 63.4M | 27.2M | 80.2M | 50.3M |
| Receivables | 21.7M | 29.7M | 37.2M | 12.7M | 18M | 24.6M | 18.9M | 14.2M | 708K | 4.3M | 3M | 4.6M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 694.2M | 882.6M | 1.5B | 1.2B | 1.1B | 183.8M | 92.5M | 110.5M | 120.5M | 72.2M | 125M | 97.4M |
| Property, plant & equipment | 41.6M | 11.5M | 12.3M | 12.4M | 11.9M | 11.8M | 9.3M | 8.9M | 6.8M | 1.7M | 2.3M | 2.2M |
| Goodwill & intangibles | 216.5M | 141.8M | 141.8M | 141.8M | 141.8M | 141.8M | 141.8M | 135.1M | 140.4M | 140.4M | 140.4M | 359.1M |
| Total assets | 846.7M | 966.9M | 1.6B | 1.2B | 1.2B | 269.4M | 176.3M | 190.1M | 258.3M | 162.8M | 213.4M | 403.6M |
| Accounts payable | 3.8M | 19.8M | 22.2M | 8.1M | 9.5M | 12.8M | 10.3M | 14.4M | 10.2M | 6.2M | 4.4M | 3.4M |
| Short-term debt | 3.6M | 3.6M | 3.7M | 3.8M | 4.2M | 4.3M | 3.6M | 25.5M | 2.3M | 549K | 79K | 20K |
| Total current liabilities | 593.6M | 802.1M | 1.4B | 1.1B | 1B | 137.7M | 58.4M | 93.2M | 53.8M | 33M | 30.3M | 31M |
| Long-term debt | 24.5M | 23.5M | 22.5M | 21.4M | 20.4M | 19.3M | 19.3M | 13.8M | 10.2M | 0 | 0 | 43K |
| Total liabilities | 635.7M | 831.2M | 1.4B | 1.1B | 1.1B | 206.5M | 94.8M | 132.3M | 129.7M | 50M | 42.5M | 49.2M |
| Shareholders' equity | 211.1M | 135.7M | 130.9M | 102.6M | 102M | 62.9M | 81.6M | 57.8M | 128.6M | 112.8M | 170.9M | 354.4M |
| Total debt | 28.1M | 27.2M | 26.2M | 25.2M | 24.5M | 23.5M | 22.9M | 39.3M | 12.5M | 549K | 79K | 63K |
| Net debt | -40.1M | -25.7M | -30.4M | -22.3M | -4.4M | -15.5M | -117K | -4.2M | -45.8M | -26.4M | -79.9M | -49.9M |
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 | -79.6M | -254.4M | -2B | -225.8M | -103.4M | -132.2M |
| Depreciation & amortization | 8M | 14.4M | 25.4M | 13.9M | 343K | 607K |
| Stock-based compensation | 11.6M | 49M | 32.1M | 16.8M | 15.8M | 71.6M |
| Change in working capital | 8.2M | -19.9M | -7.1M | -17.3M | -17.5M | -13.8M |
| Operating cash flow | -48.2M | -196M | -1.9B | -212.3M | -103.1M | -153.4M |
| Capital expenditure | — | — | — | — | — | -1.2M |
| Investing cash flow | 12.6M | 32.6M | -141.4M | 75.4M | 17.2M | -35.5M |
| Dividends paid | — | — | — | — | — | — |
| Share repurchases | 0 | -84.5M | -2.6M | -2.6M | — | — |
| Financing cash flow | 37.5M | 227M | -2.6M | -2.6M | 43.8M | 74.2M |
| Net change in cash | 1.9M | 63.5M | -2.1B | -139.5M | -42.1M | -114.6M |
| Free cash flow | -51.5M | -141.6M | -148.1M | -70.1M | -24.3M | -157.2M |
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 | -51.8M | -78.7M | -21.3M | -35.5M | -6.3M | -40.4M | 16.2M | -30.2M | -23.2M | -95.2M | -11.7M | 80.8M |
| Depreciation & amortization | 4M | 3.1M | 57K | 117K | 107K | 62K | 220K | 154K | 153K | 80K | 66K | 1.1M |
| Stock-based compensation | 3.3M | 1.2M | 8M | 2.4M | 2.6M | 2.8M | 3.3M | 6.3M | 8.1M | 53.8M | 2.8M | 1.9M |
| Change in working capital | -2.7M | -3.5M | 1.3M | -16.9M | -673K | -1.2M | -12.1M | 10.1M | -17.5M | 5.7M | -3.2M | -5.5M |
| Operating cash flow | -46.4M | -80.1M | -11.3M | -49.8M | -4.2M | -38.1M | 6.2M | 5.4M | -46.7M | -10.8M | -12.1M | -14.8M |
| Capital expenditure | — | — | — | — | — | — | — | -19K | -554K | -464K | -728K | -1.3M |
| Investing cash flow | -7.5M | 1.8M | -533K | 4.8M | 6.4M | 6.5M | 0 | -19K | -17.1M | 15M | 1.9M | -1.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | -132K | — | — | -112K | — | — | — | — | — | -2.5M | 0 |
| Financing cash flow | 0 | -132K | 39M | 7.5M | -112K | 0 | 4.1M | 22.2M | 52.6M | 346K | 66.8M | -49K |
| Net change in cash | -53.9M | -78.4M | 27.1M | -37.5M | 2.1M | -31.5M | 10.3M | 27.5M | -11.2M | 4.5M | 56.6M | -16.1M |
| Free cash flow | 22.7M | -8.3M | 36.6M | -66.4M | -25.6M | 31.1M | -101.4M | 5.3M | -49.9M | -11.3M | -12.8M | -16.1M |