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 | $0.47 | $0.48 | +2.1% | — | $163.9M | — |
| Q1 26 | $0.41 | $0.48 | +17.1% | — | $155.7M | — |
| Q4 25 | $0.45 | $0.44 | -2.2% | — | $151.7M | — |
| Q3 25 | $0.41 | $0.47 | +14.6% | — | $143.9M | — |
| Q2 25 | $0.36 | $0.37 | +2.8% | — | $133.2M | — |
| Q1 25 | $0.33 | $0.34 | +3.0% | — | $122.8M | — |
| Q4 24 | $0.33 | $0.42 | +27.3% | — | $119.3M | — |
| Q3 24 | $0.35 | $0.36 | +2.9% | — | $116.7M | — |
| Q2 24 | $0.26 | $0.28 | +7.7% | — | $98.9M | — |
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 | — | $1.64 | — | — | $551.5M | — |
| FY24 | — | $1.17 | — | — | $425.6M | — |
| FY23 | — | $0.79 | — | — | $283.4M | — |
| FY22 | — | $0.36 | — | — | $187.6M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $187.6M | $283.4M | $425.6M | $551.5M |
| YoY change | — | +51.1% | +50.2% | +29.6% |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 187.6M | 283.4M | 425.6M | 551.5M |
| Cost of revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Gross margin | — | — | — | — |
| Research & development | — | — | — | — |
| Selling, general & administrative | — | — | — | — |
| Operating expenses | 46M | 64.1M | 93.8M | 106.8M |
| Operating income | — | — | — | — |
| Operating margin | — | — | — | — |
| Non-operating income, net | 14K | 125K | 444K | 2M |
| Pretax income | 14.7M | 32.1M | 50.5M | 67.3M |
| Income tax | 3.4M | 7.1M | 12.3M | 13.5M |
| Net income | 11.3M | 25M | 38.2M | 53.8M |
| Net margin | 6% | 8.84% | 8.99% | 9.75% |
| EBITDA | — | — | — | — |
| EPS | 0.36 | 0.79 | 1.17 | 1.64 |
| Diluted EPS | 0.36 | 0.79 | 1.17 | 1.59 |
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 | 76.1M | 82.8M | 90.6M | 98.9M | 116.7M | 119.3M | 122.8M | 133.2M | 143.9M | 151.7M | 155.7M | 163.9M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | 16.4M | 18.6M | 20.7M | 24.7M | 23.7M | 24.8M | 24.8M | 27.1M | 27.4M | 27.5M | 26.6M | 27.2M |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | 31K | 31K | 31K | 32K | 108K | 273K | 345K | 460K | 502K | 735K | 880K | 1.1M |
| Pretax income | 11.3M | 5.8M | 9.1M | 7.4M | 15.8M | 18.2M | 14.5M | 15.9M | 19.1M | 17.8M | 20.6M | 20.7M |
| Income tax | 2.6M | 1M | 2M | 1.9M | 3.7M | 4.6M | 3M | 3.6M | 3.9M | 3M | 4.6M | 4.5M |
| Net income | 8.7M | 4.8M | 7M | 5.5M | 12.1M | 13.6M | 11.4M | 12.3M | 15.2M | 14.8M | 16M | 16.1M |
| Net margin | 11.4% | 5.77% | 7.74% | 5.59% | 10.4% | 11.4% | 9.31% | 9.27% | 10.5% | 9.78% | 10.3% | 9.85% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | 0.28 | — | 0.22 | 0.2 | 0.37 | 0.42 | 0.35 | 0.38 | 0.46 | 0.45 | 0.49 | 0.49 |
| Diluted EPS | 0.28 | — | 0.22 | 0.2 | 0.36 | 0.41 | 0.34 | 0.36 | 0.45 | 0.44 | 0.48 | 0.48 |
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 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Market cap | — | — | 1.2B | 935.6M | 1.1B |
| Enterprise value | — | — | 172.7M | 116.4M | 1.1B |
| Shares outstanding | 31.5M | 31.5M | 32.7M | 32.8M | 32.8M |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| P/E | — | — | 30.3 | 17.4 | 18.2 |
| P/S | — | — | 2.73 | 1.7 | 1.81 |
| P/B | — | — | 3.13 | 2.08 | 2.35 |
| EV/EBITDA | — | — | — | — | 12 |
| EV/Sales | — | — | 0.41 | 0.21 | 1.82 |
| Earnings yield | — | — | 3.3% | 5.75% | 5.48% |
| FCF yield | — | — | 25.1% | 34.8% | 117.9% |
| PEG | — | — | — | — | 0.61 |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 15.1% |
| Net margin | 6% | 8.84% | 8.99% | 9.75% | 10.1% |
| ROE | 13.5% | 13% | 10.3% | 12% | 14.1% |
| ROA | — | — | 2.31% | 2.27% | 2.46% |
| Return on tangible assets | — | — | 2.31% | 2.27% | 2.32% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Current ratio | — | — | — | — | 0.49 |
| Debt / equity | — | — | — | 0.33 | 0.31 |
| Debt / assets | — | — | — | 0.06 | 0.05 |
| Net debt / EBITDA | — | — | — | — | 0.08 |
| Interest coverage | — | — | 70.7 | 34.4 | 10.9 |
| Effective tax rate | 23.2% | 22% | 24.3% | 20.1% | 20.4% |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Revenue per share | 5.95 | 8.99 | 13 | 16.8 | 18.7 |
| EPS (basic) | 0.36 | 0.79 | 1.17 | 1.64 | 1.64 |
| EPS (diluted) | 0.36 | 0.79 | 1.17 | 1.59 | 1.85 |
| Book value per share | 2.64 | 6.09 | 11.3 | 13.7 | 14.4 |
| FCF per share | 5.64 | 7.37 | 8.91 | 9.94 | 9.8 |
| Cash per share | 11 | 21.6 | 30.2 | 29.5 | 4.3 |
| Capex per share | 0.13 | 0.12 | 0.1 | — | — |
| Metric | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|
| Capex / revenue | 2.12% | 1.35% | 0.73% | — | — |
| Capex / operating cash flow | -9.28% | -6.81% | -3.06% | — | — |
| Payout ratio | — | — | — | — | 0% |
| Revenue | $76.1M | $82.8M | $90.6M | $98.9M | $116.7M | $119.3M | $122.8M | $133.2M | $143.9M | $151.7M | $155.7M | $163.9M |
| YoY change | — | — | +53.4% | +51.1% | +53.5% | +44% | +35.4% | +34.7% | +23.3% | +27.1% | +26.8% | +23% |
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 | 347.6M | 681.5M | 987.5M | 965.7M |
| Receivables | 29.5M | 38.8M | 318.7M | 484.1M |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Property, plant & equipment | — | — | — | — |
| Goodwill & intangibles | — | — | — | — |
| Total assets | — | — | 1.7B | 2.4B |
| Accounts payable | 23.7M | 40.4M | 51.9M | 65.8M |
| Short-term debt | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | 146.4M |
| Total liabilities | — | — | 1.3B | 1.9B |
| Shareholders' equity | 83.4M | 192.1M | 370.4M | 449.3M |
| Total debt | — | — | — | 146.4M |
| Net debt | — | — | — | -47.1M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 681.5M | 718.6M | 622.4M | 1B | 987.5M | 662.6M | 761.5M | 841.7M | 965.7M | 893M | 940.6M |
| Receivables | 38.8M | 47.6M | 261.5M | 271.7M | 318.7M | 358.1M | 408.3M | 427M | 484.1M | 517.9M | 588.6M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | — | 1.1B | 1.4B | 1.5B | 1.7B | 1.8B | 1.9B | 2.1B | 2.4B | 2.5B | 2.7B |
| Accounts payable | 40.4M | 33.6M | 45.8M | 54.2M | 51.9M | 42.8M | 62.6M | 67.9M | 65.8M | 59.1M | 85.6M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | — | — | — | — | — | — | — | — | 146.4M | 146.5M | 146.6M |
| Total liabilities | — | 913.3M | 1.1B | 1.2B | 1.3B | 1.4B | 1.5B | 1.7B | 1.9B | 2B | 2.2B |
| Shareholders' equity | 192.1M | 201.2M | 339.9M | 364.8M | 370.4M | 391.4M | 407.8M | 431M | 449.3M | 459.2M | 473.9M |
| Total debt | — | — | — | — | — | — | — | — | 146.4M | 146.5M | 146.6M |
| Net debt | — | — | — | — | — | — | — | — | -47.1M | 49.3M | 4.8M |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | 11.3M | 25M | 38.2M | 53.8M |
| Depreciation & amortization | — | — | — | — |
| Stock-based compensation | 368K | 683K | 4.1M | 7.2M |
| Change in working capital | -52.1M | -78M | -139M | -164.5M |
| Operating cash flow | -42.8M | -56.1M | -101.8M | 331.6M |
| Capital expenditure | -4M | -3.8M | -3.1M | — |
| Investing cash flow | -187.5M | -274.8M | -325.9M | -458.8M |
| Dividends paid | — | — | — | — |
| Share repurchases | -25M | 0 | 0 | — |
| Financing cash flow | -2M | 155.3M | 133.8M | 144.5M |
| Net change in cash | -232.2M | -175.5M | -293.8M | 17.3M |
| Free cash flow | 177.7M | 232.4M | 291.2M | 326M |
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 | 8.7M | 4.8M | 7M | 5.5M | 12.1M | 13.6M | 11.4M | 12.3M | 15.2M | 14.8M | 16M | 16.1M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | 227K | 191K | 225K | 1.8M | 1M | 1M | 1.3M | 137K | 2M | 3.8M | 2.4M | 2.9M |
| Change in working capital | -15.2M | -28.8M | -40.8M | -39M | -10.7M | -48.4M | -52.1M | -35.9M | -12.6M | -63.9M | -43.5M | -53M |
| Operating cash flow | -7.6M | -24.7M | -34.6M | -32.8M | 617K | -35M | -40.1M | 109M | 114.7M | 60.1M | 65.5M | 93.9M |
| Capital expenditure | -1.1M | -924K | -808K | -791K | -1M | -507K | -1.2M | — | — | — | — | — |
| Investing cash flow | -58.8M | -100.8M | -79.1M | -89.1M | -156.6M | -1.1M | -146.3M | -64.6M | -29M | -220.2M | -155.6M | -67.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 22.1M | 24.6M | 5.7M | 131M | 0 | 0 | 0 | 0 | 0 | 0 | -789K | -1.4M |
| Net change in cash | -44.4M | -100.9M | -108.1M | 9.1M | -155.9M | -36.1M | -186.4M | 44.4M | 85.8M | -160M | -91M | 24.6M |
| Free cash flow | 87.2M | 60.5M | 41.1M | 70.7M | 118.4M | 60.9M | 46.5M | 107.4M | 113.5M | 58.6M | 64.2M | 92.5M |