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 | — | $2.75 | — | — | $11.4B | — |
| FY24 | — | $5.97 | — | — | $14.3B | — |
| FY23 | — | $5.47 | — | — | $7B | — |
| FY22 | — | $13.8 | — | — | $4.3B | — |
| FY21 | — | -$1.28 | — | — | $1B | — |
| FY20 | — | $0.04 | — | — | $514M | — |
| FY19 | — | $0.22 | — | — | $382M | — |
| FY18 | — | -$0.02 | — | — | $160.9M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $160.9M | $382M | $514M | $1B | $4.3B | $7B | $14.3B | $11.4B |
| YoY change | — | +137.4% | +34.6% | +101% | +317.1% | +62.9% | +104.2% | -20.4% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 160.9M | 382M | 514M | 1B | 4.3B | 7B | 14.3B | 11.4B |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 4.2M | 6M | 6M | 31M | 333M | — | — | — |
| Operating expenses | 4.7M | 7.7M | 5.2M | 66M | 772M | 801M | 1.4B | 1.4B |
| Operating income | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | 224M | 413M | 781M | 790M |
| Pretax income | -507K | 6M | 2M | -113M | 532M | 814M | 1.2B | 967M |
| Income tax | 0 | 0 | 1M | -1M | 31M | 17M | -34M | 104M |
| Net income | -507K | 6M | 1M | -112M | 501M | 797M | 1.2B | 863M |
| Net margin | -0.32% | 1.57% | 0.19% | -10.8% | 11.6% | 11.4% | 8.7% | 7.56% |
| EBITDA | — | — | — | — | — | — | — | — |
| EPS | -0.02 | 0.22 | 0.04 | -1.28 | 13.8 | 5.47 | 5.97 | 2.75 |
| Diluted EPS | -0.02 | 0.22 | 0.04 | -1.28 | 13.8 | 5.47 | 5.97 | 2.75 |
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 | 1.5B | 2.3B | 2.6B | 2.9B | 3B | 6B | 2.4B | 2.9B | 2.9B | 2.8B | 1.5B | 4.4B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | 218M | 248M | 295M | 461M | 330M | 332M | 382M | 323M | 272M | 384M | 369M | 558M |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 106M | 107M | — | 200M | 217M | 252M | 179M | 200M | 198M | 213M | 185M | 221M |
| Pretax income | 67M | 478M | 362M | -29M | -45M | 925M | -369M | 607M | 757M | -28M | -642M | 184M |
| Income tax | -10M | 25M | 25M | -298M | -110M | 349M | -87M | 91M | 149M | -49M | -40M | 35M |
| Net income | 77M | 453M | 337M | 269M | 65M | 576M | -282M | 516M | 608M | 21M | -602M | 149M |
| Net margin | 5.02% | 19.5% | 13% | 9.23% | 2.19% | 9.63% | -11.7% | 17.8% | 20.8% | 0.74% | -39.7% | 3.35% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | 0.65 | 3.13 | 2.3 | 1.37 | 0.16 | 2.78 | -1.64 | 2.06 | 2.35 | 0.01 | -2.25 | 0.47 |
| Diluted EPS | 0.65 | 3.13 | 2.3 | 1.37 | 0.16 | 2.78 | -1.64 | 2.06 | 2.35 | 0.01 | -2.25 | 0.47 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | 9.9B |
| Enterprise value | — | — | — | — | — | — | — | — | 17.4B |
| Shares outstanding | 27.8M | 27.8M | 27.8M | 34.4M | 30.9M | 145.5M | 201.1M | 272.7M | 272.7M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | 43.8 |
| P/S | — | — | — | — | — | — | — | — | 0.85 |
| P/B | — | — | — | — | — | — | — | — | 0.75 |
| EV/EBITDA | — | — | — | — | — | — | — | — | 12 |
| EV/Sales | — | — | — | — | — | — | — | — | 1.47 |
| Earnings yield | — | — | — | — | — | — | — | — | 2.28% |
| FCF yield | — | — | — | — | — | — | — | — | 36.5% |
| PEG | — | — | — | — | — | — | — | — | -0.57 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 6.07% |
| Net margin | -0.32% | 1.57% | 0.19% | -10.8% | 11.6% | 11.4% | 8.7% | 7.56% | 1.05% |
| ROE | — | 9.17% | 1.2% | -7.8% | 11.7% | 9.01% | 9.54% | 4.82% | 1.04% |
| ROA | — | — | — | — | — | — | 0.89% | 0.55% | 0.44% |
| Return on tangible assets | — | — | — | — | — | — | 0.92% | 0.57% | 0.09% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | — | — | — | — | 1.76 |
| Debt / equity | — | 0 | 0.02 | 0.48 | 0.89 | 0.42 | 0.35 | 0.32 | 0.96 |
| Debt / assets | — | — | — | — | — | — | 0.03 | 0.04 | 0.05 |
| Net debt / EBITDA | — | — | — | — | — | — | — | — | 2.71 |
| Interest coverage | -3.57 | — | — | -0.85 | 2.15 | 1.6 | 4.35 | 3.55 | 1.57 |
| Effective tax rate | 0% | 0% | 50% | 0% | 5.83% | 2.09% | 0% | 10.8% | 35.1% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 5.78 | 13.7 | 18.5 | 30 | 139.4 | 48.3 | 71.3 | 41.9 | 33.1 |
| EPS (basic) | -0.02 | 0.22 | 0.04 | -1.28 | 13.8 | 5.47 | 5.97 | 2.75 | 2.75 |
| EPS (diluted) | -0.02 | 0.22 | 0.04 | -1.28 | 13.8 | 5.47 | 5.97 | 2.75 | 0.84 |
| Book value per share | — | 2.35 | 2.98 | 41.7 | 137.9 | 60.8 | 65 | 65.7 | 49 |
| FCF per share | 5.37 | 11.1 | 14.3 | 49 | 20.1 | 9.43 | 22.5 | 9.33 | 10.7 |
| Cash per share | — | 0.48 | 1.26 | 11.4 | 69.4 | 29.6 | 144.2 | 95.1 | 37 |
| Capex per share | 0 | 0 | 0 | 0 | 0.16 | — | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0% | 0.01% | 0% | 0% | 0.12% | — | — | — | — |
| Capex / operating cash flow | -0.57% | -0.38% | 0% | 0% | 0.64% | — | — | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | 30.9% |
| Dividend yield | — | — | — | — | — | — | — | — | 0.77% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Sep 14, 2026 | $0.07 |
| Jun 15, 2026 | $0.07 |
| Mar 17, 2026 | $0.07 |
| Sep 12, 2025 | $0.04 |
| Jun 13, 2025 | $0.04 |
| Mar 14, 2025 | $0.09 |
| Dec 16, 2024 | $0.08 |
| Sep 12, 2024 | $0.08 |
| Date | Ratio |
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| Q3 23 |
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| Q4 23 |
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| Q1 24 |
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| Q2 24 |
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| Q3 24 |
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| Q4 24 |
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| Q1 25 |
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| Q2 25 |
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| Q3 25 |
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| Q4 25 |
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| Q1 26 |
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| Q2 26 |
|---|
| Revenue | $1.5B | $2.3B | $2.6B | $2.9B | $3B | $6B | $2.4B | $2.9B | $2.9B | $2.8B | $1.5B | $4.4B |
| YoY change | +13.8% | +49.5% | +115% | +45.5% | +93.5% | +157% | -6.5% | -0.31% | -1.45% | -52.6% | -37.3% | +53.1% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 13.4M | 35M | 393M | 2.1B | 4.3B | 29B | 25.9B |
| Receivables | 5.5M | 3.3M | 0 | 483M | 1.1B | 1.2B | 972M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | 0 | 6M | 346M | 712M | 4.9B | 4.8B |
| Total assets | — | — | — | — | — | 140B | 157.2B |
| Accounts payable | 1.3M | 4M | 132M | 151M | — | — | — |
| Short-term debt | — | — | — | — | — | 1B | 912M |
| Total current liabilities | — | — | — | — | — | — | — |
| Long-term debt | 198K | 1.2M | 693M | 3.8B | 3.7B | 3.5B | 4.8B |
| Total liabilities | — | — | — | — | — | 126.9B | 139.3B |
| Shareholders' equity | 65.5M | 83M | 1.4B | 4.3B | 8.8B | 13.1B | 17.9B |
| Total debt | 198K | 1.2M | 693M | 3.8B | 3.7B | 4.5B | 5.7B |
| Net debt | -13.2M | -33.8M | 300M | 1.7B | -565M | -7.7B | -7.3B |
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 | 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 | 7.2B | 4.3B | 2.8B | 30.4B | 21B | 29B | 31B | 30.8B | 26.4B | 25.9B | 22.9B | 26.6B |
| Receivables | 957M | 1.1B | 4.2B | 11.5B | 14.5B | 1.2B | 1.2B | 1.2B | 1.1B | 972M | 1B | 1.1B |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 242M | 712M | — | 5.1B | 5B | 4.9B | 5B | 4.9B | 4.9B | 4.8B | 4.8B | 6B |
| Total assets | — | — | 63.1B | 130.5B | 137.1B | 140B | 141.6B | 148.9B | 152.8B | 157.2B | 156.1B | 205.7B |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — |
| Short-term debt | — | — | — | — | — | 1B | 662M | 836M | 493M | 912M | 747M | 2.9B |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 2.9B | 3.7B | 3.7B | 5.1B | 5.4B | 3.5B | 3.9B | 3.9B | 4.3B | 4.8B | 4.9B | 7B |
| Total liabilities | — | — | 53.9B | 118.8B | 124.2B | 126.9B | 128.6B | 133.1B | 135.9B | 139.3B | 139.2B | 187.9B |
| Shareholders' equity | 6.8B | 8.8B | 9.2B | 11.8B | 13B | 13.1B | 13B | 15.8B | 16.9B | 17.9B | 16.9B | 17.9B |
| Total debt | 2.9B | 3.7B | 3.7B | 5.1B | 5.4B | 4.5B | 4.5B | 4.7B | 4.8B | 5.7B | 5.7B | 9.8B |
| Net debt | -541M | -565M | 900M | -9.2B | -9.3B | -7.7B | -3.7B | -8.4B | -7.4B | -7.3B | -4.5B | -2.8B |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | -507K | 6M | 1M | -112M | 501M | 797M | 1.2B | 863M |
| Depreciation & amortization | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — |
| Change in working capital | -2.4M | -6M | -1M | 2B | 261M | 23M | 1.2B | 1B |
| Operating cash flow | -351K | -9.2M | -2M | 1.6B | 779M | 666M | 1.3B | 2.6B |
| Capital expenditure | -2K | -35K | 0 | 0 | 5M | — | — | — |
| Investing cash flow | -198.9M | -256M | -411M | -3.3B | -2.9B | -620M | 5.8B | -7.7B |
| Dividends paid | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | -8M | -6M | -5M | -14M | -112M |
| Financing cash flow | 5.9M | 5M | 13M | 2.6B | 6B | 2.5B | 1.9B | 7.8B |
| Net change in cash | -193.3M | -260.2M | -400M | 910M | 3.9B | 2.5B | 9B | 2.8B |
| Free cash flow | 149.6M | 309M | 398M | 1.7B | 620M | 1.4B | 4.5B | 2.5B |
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 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -93M | 360M | 77M | 453M | 65M | 576M | -282M | 516M | 608M | 21M | -602M | 149M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -69M | 127M | 103M | 118M | 1B | 211M | -20M | 104M | 529M | 390M | 150M | 468M |
| Operating cash flow | -203M | 256M | -17M | 571M | 678M | 923M | -735M | 511M | 448M | 1.1B | 491M | 1.3B |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | 112M | -960M | -142M | 361M | -830M | -3B | -5.7B | 3.5B | -2.6B | -2.9B | -4.9B | -161M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -3M | -2M | -4M | -4M | -4M | -4M | -101M | -3M | -5M | -4M |
| Financing cash flow | 70M | 1.4B | 594M | 383M | 697M | -435M | 1.1B | 1.6B | 1.8B | 3.4B | 896M | 1.5B |
| Net change in cash | -21M | 714M | 435M | 1.3B | 545M | -2.5B | -5.3B | 5.6B | -343M | 1.6B | -3.5B | 2.6B |
| Free cash flow | 172M | 590M | 192M | 418M | 849M | 2.3B | 522M | 488M | 432M | 1.1B | 479M | 1.2B |
| Oct 10, 2025 | 3:2 |