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 | $0.24 | $0.46 | +91.7% | — | $322.5M | — |
| Q1 26 | $0.37 | $0.22 | -40.5% | — | $376.5M | — |
| Q4 25 | $0.29 | $0.29 | 0.0% | — | $266.6M | — |
| Q3 25 | $0.21 | $0.5 | +138.1% | — | $197.1M | — |
| Q2 25 | $0.15 | $0.39 | +160.0% | — | $204.3M | — |
| Q1 25 | $0.22 | $0.41 | +86.4% | — | $225.8M | — |
| Q4 24 | -$0.14 | $0.01 | +107.1% | — | $174.3M | — |
| Q3 24 | -$0.25 | -$0.27 | -8.0% | — | $137.8M | — |
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 | — | $1.98 | — | — | $1.1B | — |
| FY24 | — | -$2 | — | — | $604.5M | — |
| FY23 | — | $1.39 | — | — | $739.3M | — |
| FY22 | — | $4.88 | — | — | $1.7B | — |
| FY21 | — | -$2.03 | — |
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 | $122.5M | $889.5M | $1.7B | $739.3M | $604.5M | $1.1B |
| YoY change | — | +625.9% | +86.6% | -55.5% | -18.2% | +88.7% |
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 | 122.5M | 889.5M | 1.7B | 739.3M | 604.5M | 1.1B |
| Cost of revenue | 87.3M | 92.3M | 118.9M | 223.4M | 217.5M | 568.5M |
| Gross profit | 35.2M | 797.3M | 1.5B | 515.9M | 387M | 572.3M |
| Gross margin | 28.7% | 89.6% | 92.8% | 69.8% | 64% | 50.2% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 60.7M | 172.6M | 280.1M | 265.3M | 241.5M | 284.4M |
| Operating expenses | 60.7M | 347.4M | 492.4M | 527M | 483.2M | 580.2M |
| Operating income | -30.7M | 404.2M | 934.3M | -83.3M | -131.3M | -74.4M |
| Operating margin | -25% | 45.4% | 56.3% | -11.3% | -21.7% | -6.52% |
| Non-operating income, net | 27.9M | -577M | -425.4M | 302.4M | -8.3M | 387.4M |
| Pretax income | -4.4M | -175M | 472.8M | 145.1M | -186.5M | 225.2M |
| Income tax | 39M | -40.5M | 62.7M | 28.2M | -43.6M | 36.9M |
| Net income | -43.3M | -138.2M | 410.1M | 116.9M | -142.9M | 188.3M |
| Net margin | -35.4% | -15.5% | 24.7% | 15.8% | -23.6% | 16.5% |
| EBITDA | 59.6M | 504.8M | 1.1B | 169.5M | 109.9M | 136.3M |
| EPS | -0.52 | -2.03 | 4.88 | 1.39 | -2 | 1.98 |
| Diluted EPS | -0.52 | -2.03 | 4.88 | 1.39 | -2 | 1.98 |
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 | 182.1M | 187.8M | 154.9M | 137.6M | 137.8M | 174.3M | 225.8M | 204.3M | 197.1M | 266.6M | 376.5M | 322.5M |
| Cost of revenue | 52.3M | 92.7M | 52.2M | 59.3M | 57.4M | 48.7M | 40M | 38M | 37.9M | 41.6M | 157.1M | 142.4M |
| Gross profit | 129.8M | 95.1M | 102.7M | 78.3M | 80.4M | 125.6M | 185.8M | 166.2M | 159.2M | 225M | 219.4M | 180.1M |
| Gross margin | 71.3% | 50.6% | 66.3% | 56.9% | 58.4% | 72.1% | 82.3% | 81.4% | 80.8% | 84.4% | 58.3% | 55.8% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 61.9M | 70.2M | 55.1M | 53.5M | 67.2M | 65.7M | 60.3M | 64.7M | 67.7M | 84.6M | 87.2M | 109.9M |
| Operating expenses | 126.7M | 138M | 122.7M | 110.2M | 126M | 124.3M | 117.1M | 136.6M | 140.2M | 177.3M | 166.5M | 185.8M |
| Operating income | -14.6M | -56M | -31.4M | -41.8M | -56.3M | -1.8M | 58.5M | 16.2M | 7.4M | 32.3M | 32.8M | -21.6M |
| Operating margin | -8.01% | -29.8% | -20.3% | -30.4% | -40.9% | -1.03% | 25.9% | 7.93% | 3.76% | 12.1% | 8.71% | -6.7% |
| Non-operating income, net | 60M | 114.6M | -3.8M | -31M | 90.8M | -64.3M | -161.4M | 121.7M | 96.5M | 66.2M | 56.1M | 145.7M |
| Pretax income | 23.7M | 42.7M | -51.6M | -88.1M | 24.2M | -71M | -107.9M | 132.6M | 97.7M | 87.8M | 63.3M | 97.5M |
| Income tax | 5.2M | 5.2M | -13M | -28.4M | 11.3M | -13.5M | -29.2M | 27.9M | 20M | 16.7M | 11.5M | 20.1M |
| Net income | 18.6M | 37.5M | -38.6M | -59.7M | 12.9M | -57.5M | -78.7M | 104.7M | 77.7M | 71.1M | 51.8M | 77.3M |
| Net margin | 10.2% | 20% | -24.9% | -43.4% | 9.34% | -33% | -34.8% | 51.3% | 39.4% | 26.7% | 13.8% | 24% |
| EBITDA | 87.7M | 26.5M | 15.8M | 4.1M | 52.9M | 37.7M | 89.5M | 54.4M | 48.1M | 73.9M | 91.3M | 37.2M |
| EPS | 0.31 | — | -0.46 | -0.71 | 0.19 | -0.68 | -0.93 | 1.23 | 0.9 | 0.76 | 0.42 | 0.68 |
| Diluted EPS | 0.3 | — | -0.46 | -0.71 | 0.18 | -0.68 | -0.93 | 1.23 | 0.9 | 0.75 | 0.42 | 0.67 |
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 | — | — | — | — | — | — | 2.4B |
| Enterprise value | — | — | — | — | — | — | 3.6B |
| Shares outstanding | 84.1M | 84.1M | 84.1M | 84.1M | 71.3M | 86.6M | 86.6M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 7.82 |
| P/S | — | — | — | — | — | — | 2.27 |
| P/B | — | — | — | — | — | — | 1.04 |
| EV/EBITDA | — | — | — | — | — | — | 6.28 |
| EV/Sales | — | — | — | — | — | — | 3.4 |
| Earnings yield | — | — | — | — | — | — | 12.8% |
| FCF yield | — | — | — | — | — | — | -29.1% |
| PEG | — | — | — | — | — | — | -0.17 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 28.7% | 89.6% | 92.8% | 69.8% | 64% | 50.2% | 55.8% |
| Operating margin | -25% | 45.4% | 56.3% | -11.3% | -21.7% | -6.52% | 39.5% |
| Net margin | -35.4% | -15.5% | 24.7% | 15.8% | -23.6% | 16.5% | 25.5% |
| ROE | -4.4% | -18.3% | 34.3% | 7.87% | -9.16% | 9.11% | 14.1% |
| ROA | -3.23% | -8.53% | 15.2% | 4.36% | -6.4% | 4.78% | 7.63% |
| ROIC | -3.06% | 51.1% | 45.7% | -3.18% | -7.68% | -2.1% | 1.17% |
| Return on tangible assets | -3.32% | -8.73% | 15.4% | 4.42% | -6.51% | 4.83% | 6.62% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 2.45 | 0.49 | 0.54 | 0.76 | 0.57 | 0.91 | 1.15 |
| Quick ratio | 2.39 | 0.48 | 0.54 | 0.76 | 0.53 | 0.87 | 1.1 |
| Debt / equity | 0.04 | 0.23 | 0.61 | 0.44 | 0.11 | 0.55 | 0.53 |
| Debt / assets | 0.03 | 0.11 | 0.27 | 0.24 | 0.07 | 0.29 | 0.3 |
| Net debt / EBITDA | 0.3 | 0.07 | 0.54 | 3.71 | 1.37 | 6.53 | 4.38 |
| Interest coverage | -1.55 | -81 | 13.7 | 2.88 | -2.67 | 3.45 | 5.67 |
| Effective tax rate | 0% | 0% | 13.3% | 19.4% | 0% | 16.4% | 19.7% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 1.46 | 10.6 | 19.7 | 8.79 | 8.48 | 13.2 | 10.8 |
| EPS (basic) | -0.52 | -2.03 | 4.88 | 1.39 | -2 | 1.98 | 1.98 |
| EPS (diluted) | -0.52 | -2.03 | 4.88 | 1.39 | -2 | 1.98 | 2.79 |
| Book value per share | 11.7 | 8.97 | 14.2 | 17.7 | 21.9 | 23.9 | 21 |
| FCF per share | -6.2 | 3.44 | 1.21 | -0.81 | 0.25 | -0.29 | -4.32 |
| Cash per share | 0.21 | 1.6 | 1.82 | 0.3 | 0.21 | 2.87 | 1.39 |
| Capex per share | 6.11 | 0.82 | 2.94 | 2.27 | 0 | 3.52 | 3.37 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 419.7% | 7.72% | 14.9% | 25.9% | 0% | 26.7% | 31.8% |
| Capex / operating cash flow | 13.4K% | 36.1% | 62.2% | 50.8% | 0% | 108.8% | 115.9% |
| Payout ratio | 0% | -71.2% | 0% | 0% | — | — | 0% |
| — |
| $889.5M |
| — |
| FY20 | — | -$0.52 | — | — | $122.5M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $182.1M | $187.8M | $154.9M | $137.6M | $137.8M | $174.3M | $225.8M | $204.3M | $197.1M | $266.6M | $376.5M | $322.5M |
| YoY change | -68.2% | -55.3% | -29.2% | -8.66% | -24.3% | -7.22% | +45.8% | +48.4% | +43.1% | +53% | +66.8% | +57.9% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 17.4M | 134.7M | 153.1M | 25.4M | 14.9M | 248.4M |
| Receivables | 79.5M | 107.6M | 144M | 49.1M | 65.8M | 140.3M |
| Inventory | 2.9M | 5M | — | — | 6.3M | 20M |
| Total current assets | 119M | 261.4M | 320.1M | 312.2M | 94.6M | 511.4M |
| Property, plant & equipment | -176M | -251M | -352.7M | -511.2M | -632.7M | 88.2M |
| Goodwill & intangibles | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M |
| Total assets | 1.3B | 1.6B | 2.7B | 2.7B | 2.2B | 3.9B |
| Accounts payable | 8.7M | 32.2M | 75M | 47.5M | 53.2M | 100.4M |
| Short-term debt | 30.5M | 166M | 202M | 239.4M | — | 200.4M |
| Total current liabilities | 48.7M | 530.4M | 596.6M | 412.3M | 166.2M | 564.6M |
| Long-term debt | 4.6M | 4.7M | 527M | 414.7M | 165M | 937.7M |
| Total liabilities | 357.3M | 865.9M | 1.5B | 1.2B | 671.5M | 1.9B |
| Shareholders' equity | 985.1M | 754.9M | 1.2B | 1.5B | 1.6B | 2.1B |
| Total debt | 35.1M | 170.7M | 729M | 654M | 165M | 1.1B |
| Net debt | 17.7M | 36M | 575.9M | 628.6M | 150.1M | 889.7M |
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 | 54.1M | 25.4M | 21.9M | 9.2M | 31.3M | 14.9M | 15.3M | 21.4M | 83.1M | 248.4M | 288.5M | 152.2M |
| Receivables | 42.3M | 49.1M | 56M | 65.3M | 38.7M | 65.8M | 73M | 59.6M | 98.6M | 140.3M | 153M | 10.3M |
| Inventory | — | — | — | — | — | 6.3M | 6.1M | 7M | 6.4M | 20M | 18.8M | 18M |
| Total current assets | 266M | 312.2M | 295.4M | 121M | 125.7M | 94.6M | 105.1M | 98.4M | 201.5M | 511.4M | 568M | 457.8M |
| Property, plant & equipment | -427.6M | -511.2M | -554.7M | -549.3M | -597M | -632.7M | -659.7M | -682.5M | -695.6M | 88.2M | 166.7M | 167.3M |
| Goodwill & intangibles | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M | 36.8M |
| Total assets | 2.7B | 2.7B | 2.6B | 2.2B | 2.3B | 2.2B | 2.3B | 2.3B | 2.9B | 3.9B | 4.2B | 4.2B |
| Accounts payable | 57.5M | 47.5M | 61M | 38.1M | 54.4M | 53.2M | 59.2M | 76M | 88M | 100.4M | 120M | 114M |
| Short-term debt | 252.3M | 239.4M | 238.5M | — | — | — | — | — | — | 200.4M | 185.4M | 185.4M |
| Total current liabilities | 492.1M | 412.3M | 394.2M | 117M | 139M | 166.2M | 253.6M | 174.7M | 236.1M | 564.6M | 432.6M | 398.7M |
| Long-term debt | 414.4M | 414.7M | 415.1M | 410M | 190M | 165M | 200M | 200M | 486.6M | 937.7M | 1.1B | 1.1B |
| Total liabilities | 1.3B | 1.2B | 1.2B | 858.5M | 668.3M | 671.5M | 769.2M | 716.4M | 1.1B | 1.9B | 1.9B | 1.8B |
| Shareholders' equity | 1.4B | 1.5B | 1.4B | 1.4B | 1.6B | 1.6B | 1.5B | 1.6B | 1.8B | 2.1B | 2.3B | 2.4B |
| Total debt | 666.8M | 654M | 653.6M | 410M | 190M | 165M | 200M | 200M | 486.6M | 1.1B | 1.3B | 1.2B |
| Net debt | 612.6M | 628.6M | 631.8M | 400.8M | 158.7M | 150.1M | 184.7M | 178.6M | 403.4M | 889.7M | 977.8M | 1.1B |
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 | -43.3M | -134.5M | 410.1M | 116.9M | -142.9M | 188.3M |
| Depreciation & amortization | 90.2M | 98.8M | 130M | 224.4M | 217.9M | 197.2M |
| Stock-based compensation | 0 | 30.4M | 31.9M | 25.8M | 16.3M | 12.8M |
| Change in working capital | -73.6M | 73.2M | -41.9M | 79.8M | -21.8M | -45.6M |
| Operating cash flow | 3.8M | 190.2M | 397.4M | 376.7M | -8.9M | 280.4M |
| Capital expenditure | -514.3M | -68.7M | -247.2M | -191.4M | 0 | -305.1M |
| Investing cash flow | -514M | -161.9M | -865.6M | -177.8M | 137M | -576.4M |
| Dividends paid | 0 | -98.5M | 0 | 0 | — | — |
| Share repurchases | 0 | -122.4M | 0 | -4K | — | — |
| Financing cash flow | 442.7M | -78.4M | 436M | -268.4M | -422.6M | 464.9M |
| Net change in cash | -67.4M | -50.1M | -32.1M | -69.5M | -294.5M | 168.9M |
| Free cash flow | -521.7M | 289.4M | 102M | -68.3M | 17.6M | -24.7M |
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 | 18.6M | 37.5M | -38.6M | -59.7M | 12.9M | -57.5M | -78.7M | 112.8M | 78.1M | 71.1M | 51.8M | 77.3M |
| Depreciation & amortization | 52.4M | 93M | 52.3M | 59.4M | 57.5M | 48.8M | 40.1M | 28.5M | 18.8M | 42.8M | 54.2M | 54.1M |
| Stock-based compensation | 7.1M | 8.4M | 1.1M | 1.1M | 10.7M | 3.5M | 2.1M | 4.1M | 2.9M | 3.8M | 3.9M | 6.4M |
| Change in working capital | -8.3M | -12.2M | -7.2M | -12.3M | 6.2M | -8.5M | -4.3M | 16M | -7M | -18M | -13.8M | 1.1M |
| Operating cash flow | 74.3M | 121.3M | -31.4M | -42.6M | 91M | -29.4M | -106.9M | 82.3M | 67.6M | 69.4M | 72M | 109.7M |
| Capital expenditure | 125.5M | -26.4M | -19.2M | -10.5M | 0 | 0 | — | -66.1M | -84.9M | -91.2M | -106.5M | -86.8M |
| Investing cash flow | 133.4M | -21.6M | -19.9M | 120.9M | 131.9M | -129M | 1.4M | -65.9M | -297.5M | 127.2M | -199.8M | -111.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -62.7M | -143.4M | -32.6M | -435.7M | -220.3M | -17.7M | 35M | 2.5M | 298M | 176.7M | 202.8M | -8.9M |
| Net change in cash | 144.9M | -43.7M | -83.9M | -357.4M | 2.5M | -176.1M | -70.5M | 18.9M | 68.1M | 373.4M | 75.1M | -10.7M |
| Free cash flow | -1.1M | -18.7M | 21K | -19.4M | 43.8M | -4.4M | -34.8M | 8.8M | -24.8M | -278.9M | -67.6M | -102.6M |