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 | $0.3 | $0.33 | +10.0% | — | $550.9M | — |
| Q1 26 | $0.15 | $0.16 | +6.7% | — | $464.4M | — |
| Q4 25 | $0.1 | $0.17 | +70.0% | — | $443.6M | — |
| Q3 25 | $0.17 | $0.19 | +11.8% | — | $423.6M | — |
| Q2 25 | $0.18 | $0.26 | +44.4% | — | $415.8M | — |
| Q1 25 | $0.11 | $0.14 | +27.3% | — | $355.2M | — |
| Q4 24 | $0.02 | $0.07 | +250.0% | — | $342.8M | — |
| Q3 24 | $0.12 | $0.16 | +33.3% | — | $338.2M | — |
| Q2 24 | $0.13 | $0.19 | +46.2% | — | $324.9M | — |
| Q1 24 | $0.02 | $0.09 | +350.0% | — | $275.1M | — |
| Q4 23 | $0.01 | $0.04 | +300.0% | — | $254.1M | — |
| Q3 23 | $0.07 | $0.14 | +100.0% | — | $264.5M | — |
| Q2 23 | $0.07 | $0.13 | +85.7% | — | $249.9M | — |
| Q4 22 | $0.07 | $0.03 | -57.1% | — | $201.8M | — |
| Q3 22 | $0.08 | $0.09 | +12.5% | — | $198.6M | — |
| Q2 22 | $0.07 | $0.05 | -28.6% | — | $186.4M | — |
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 | — | $0.64 | — | — | $1.6B | — |
| FY24 | — | $0.34 | — | — | $1.3B | — |
| FY23 | — | $0.03 | — | — | $965.8M | — |
| FY22 | — | -$0.09 | — | — | $739M | — |
| FY21 | — | -$0.31 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $238.4M | $327.4M | $497.9M | $739M | $965.8M | $1.3B | $1.6B |
| YoY change | — | +37.4% | +52.1% | +48.4% | +30.7% | +32.6% | +27.9% |
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 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 238.4M | 327.4M | 497.9M | 739M | 965.8M | 1.3B | 1.6B |
| Cost of revenue | 142.3M | 211.5M | 344.6M | 558.1M | 714.5M | 940.9M | 1.2B |
| Gross profit | 96.1M | 115.9M | 153.3M | 180.9M | 251.3M | 340.1M | 423.9M |
| Gross margin | 40.3% | 35.4% | 30.8% | 24.5% | 26% | 26.6% | 25.9% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 65.8M | 104.9M | 264.5M | 183.5M | 205.1M | 234M | 259.4M |
| Operating expenses | 65.8M | 104.9M | 264.5M | 183.5M | 205.1M | 234M | 259.4M |
| Operating income | 30.3M | 11M | -111.2M | -2.6M | 46.2M | 106.1M | 161.2M |
| Operating margin | 12.7% | 3.36% | -22.3% | -0.35% | 4.79% | 8.28% | 9.84% |
| Non-operating income, net | 524K | -363K | -1.2M | 4M | 3M | 5.8M | 2.7M |
| Pretax income | 28.5M | 6.9M | -119.6M | -16.7M | 16.9M | 84.9M | 135.6M |
| Income tax | 89K | 843K | -1.6M | 2.6M | 7M | 18.4M | 18.3M |
| Net income | 28.4M | 6.1M | -117.9M | -19.3M | 10M | 66.5M | 117.3M |
| Net margin | 11.9% | 1.85% | -23.7% | -2.61% | 1.03% | 5.19% | 7.16% |
| EBITDA | 40.5M | 26.2M | -87.2M | 46.1M | 118.4M | 204.9M | 279.1M |
| EPS | 0 | 0 | -0.31 | -0.09 | 0.03 | 0.34 | 0.64 |
| Diluted EPS | 0 | 0 | -0.31 | -0.09 | 0.03 | 0.34 | 0.64 |
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 | 264.5M | 254.1M | 275.1M | 324.9M | 338.2M | 342.8M | 355.2M | 415.8M | 423.6M | 443.6M | 464.4M | 550.9M |
| Cost of revenue | 189.3M | 195M | 203.3M | 234.6M | 248.2M | 254.8M | 265.2M | 295.8M | 316.8M | 336.5M | 356.9M | 399.8M |
| Gross profit | 75.2M | 59.1M | 71.8M | 90.3M | 90.1M | 87.9M | 90M | 120M | 106.8M | 107.1M | 107.5M | 151.1M |
| Gross margin | 28.4% | 23.3% | 26.1% | 27.8% | 26.6% | 25.7% | 25.3% | 28.9% | 25.2% | 24.1% | 23.1% | 27.4% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 50.5M | 56.9M | 46.2M | 58.1M | 57.5M | 72.2M | 58.9M | 65.4M | 64.4M | 71.9M | 73.2M | 80.7M |
| Operating expenses | 50.5M | 56.9M | 46.2M | 58.1M | 57.5M | 72.2M | 58.9M | 65.4M | 64.4M | 71.9M | 73.2M | 80.7M |
| Operating income | 24.7M | 2.2M | 25.6M | 32.2M | 32.5M | 15.8M | 31.1M | 54.7M | 41.5M | 34M | 34.3M | 70.4M |
| Operating margin | 9.34% | 0.86% | 9.3% | 9.91% | 9.61% | 4.6% | 8.75% | 13.1% | 9.79% | 7.66% | 7.39% | 12.8% |
| Non-operating income, net | -140K | 812K | 5.8M | 829K | 764K | -1.5M | -18K | -2M | 149K | 4.6M | -75K | 861K |
| Pretax income | 15.2M | -3.1M | 25M | 26M | 26.4M | 7.5M | 23.9M | 45.6M | 34.9M | 31.1M | 27M | 64.2M |
| Income tax | 1.8M | 708K | 8.8M | 3.9M | 4.7M | 1.1M | 1.5M | 7.2M | 7.7M | 2M | 3.3M | 12.6M |
| Net income | 13.4M | -3.8M | 16.2M | 22.2M | 21.7M | 6.4M | 22.5M | 38.4M | 27.3M | 29.2M | 23.7M | 51.6M |
| Net margin | 5.07% | -1.48% | 5.89% | 6.82% | 6.42% | 1.86% | 6.33% | 9.22% | 6.44% | 6.57% | 5.1% | 9.37% |
| EBITDA | 42.7M | 22.7M | 52.6M | 55.4M | 57.2M | 39.8M | 57.5M | 80.6M | 70.7M | 70.3M | 72.5M | 106.7M |
| EPS | 0.07 | -0.02 | 0.08 | 0.12 | 0.11 | 0.03 | 0.13 | 0.2 | 0.14 | 0.17 | 0.13 | 0.28 |
| Diluted EPS | 0.07 | -0.02 | 0.08 | 0.12 | 0.11 | 0.03 | 0.13 | 0.2 | 0.14 | 0.17 | 0.13 | 0.28 |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | 2.3B | — | — | — | — | 6.6B |
| Enterprise value | — | — | 2.5B | — | — | — | — | 6.3B |
| Shares outstanding | 46.7M | 46.7M | 45.9M | 51.9M | 62.1M | 103.5M | 125.3M | 125.3M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 52.6 |
| P/S | — | — | 4.69 | — | — | — | — | 3.53 |
| P/B | — | — | 10.9 | — | — | — | — | 6.55 |
| EV/EBITDA | — | — | -28.3 | — | — | — | — | 19.7 |
| EV/Sales | — | — | 4.96 | — | — | — | — | 3.37 |
| Earnings yield | — | — | — | — | — | — | — | 1.9% |
| FCF yield | — | — | -1.63% | — | — | — | — | 0.03% |
| PEG | — | — | — | — | — | — | — | 1.32 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 40.3% | 35.4% | 30.8% | 24.5% | 26% | 26.6% | 25.9% | 27.4% |
| Operating margin | 12.7% | 3.36% | -22.3% | -0.35% | 4.79% | 8.28% | 9.84% | 12.9% |
| Net margin | 11.9% | 1.85% | -23.7% | -2.61% | 1.03% | 5.19% | 7.16% | 4.91% |
| ROE | 36.4% | 7.97% | -55.2% | -7.64% | 1.47% | 8.7% | 13.1% | 14.6% |
| ROA | 16.9% | 2.33% | -21.3% | -1.62% | 0.56% | 2.66% | 3.9% | 3.79% |
| ROIC | 27.4% | 6.92% | -32.2% | -0.3% | 2.23% | 5.88% | 8.12% | 7.88% |
| Return on tangible assets | 24.9% | 3.02% | -23.9% | -1.71% | 0.58% | 2.71% | 3.9% | 3.9% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.12 | 1.05 | 0.44 | 0.39 | 1.49 | 1.76 | 1.49 | 1.35 |
| Quick ratio | 0.79 | 0.79 | 0.27 | 0.2 | 1.15 | 1.58 | 1.28 | 1.19 |
| Debt / equity | 0.61 | 1.25 | 0.71 | 2.48 | 1 | 1.23 | 1.21 | 1.24 |
| Debt / assets | 0.28 | 0.37 | 0.27 | 0.53 | 0.38 | 0.38 | 0.36 | 0.36 |
| Net debt / EBITDA | 0.8 | 2.43 | -1.51 | 13.1 | 4.59 | 3.17 | 2.94 | 2.93 |
| Interest coverage | 13.1 | 2.85 | -15.9 | 0.08 | 1.52 | 4.14 | 5.79 | 6.54 |
| Effective tax rate | 0.31% | 12.2% | 0% | 0% | 41.2% | 21.7% | 13.5% | 16.3% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 5.1 | 7 | 10.9 | 14.2 | 15.6 | 12.4 | 13.1 | 14.6 |
| EPS (basic) | 0 | 0 | -0.31 | -0.09 | 0.03 | 0.34 | 0.64 | 0.64 |
| EPS (diluted) | 0 | 0 | -0.31 | -0.09 | 0.03 | 0.34 | 0.64 | 0.72 |
| Book value per share | 1.67 | 1.63 | 4.66 | 4.86 | 10.9 | 7.38 | 7.16 | 5.79 |
| FCF per share | 0.37 | 0.28 | -0.83 | -2.47 | -1.43 | 0.24 | 0.43 | 0.71 |
| Cash per share | 0.33 | 0.68 | 0.4 | 0.39 | 2.15 | 2.83 | 2.15 | 1.95 |
| Capex per share | 0.84 | 0.87 | 2.52 | 3.6 | 3.66 | 2.05 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 16.5% | 12.4% | 23.2% | 25.2% | 23.5% | 16.6% | — | — |
| Capex / operating cash flow | 76.8% | 77.6% | 156.1% | 339.5% | 175.8% | 96% | — | — |
| Payout ratio | 23.3% | 127.9% | -180.9% | 0% | 0% | — | — | 0% |
| Dividend yield | — | — | 9.14% | — | — | — | — | — |
| — |
| — |
| $497.9M |
| — |
| FY20 | — | $0 | — | — | $327.4M | — |
| FY19 | — | $0 | — | — | $238.4M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $264.5M | $254.1M | $275.1M | $324.9M | $338.2M | $342.8M | $355.2M | $415.8M | $423.6M | $443.6M | $464.4M | $550.9M |
| YoY change | +33.2% | +25.9% | +39.5% | +30% | +27.9% | +34.9% | +29.1% | +28% | +25.2% | +29.4% | +30.8% | +32.5% |
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 | 15.6M | 31.6M | 18.5M | 20.2M | 133.5M | 293.4M | 269.4M |
| Receivables | 6.6M | 10.8M | 10.6M | 12M | 9.1M | 10.6M | 18.4M |
| Inventory | 10.9M | 15.6M | 23.3M | 39.2M | 47M | 36.5M | 48.9M |
| Total current assets | 36.8M | 63.1M | 61.3M | 82.3M | 205.3M | 357.9M | 357.4M |
| Property, plant & equipment | 47.9M | 53.3M | 133.6M | 624.5M | 855.7M | 886.8M | 1.1B |
| Goodwill & intangibles | 54.2M | 58.8M | 59.6M | 60.9M | 54.1M | 49.2M | 3M |
| Total assets | 168.3M | 259.7M | 553.7M | 1.2B | 1.8B | 2.5B | 3B |
| Accounts payable | 13M | 16.1M | 20.4M | 21.3M | 30M | 32.2M | 37.6M |
| Short-term debt | 4.2M | 21.1M | 67.6M | 130.8M | 24.2M | 44.5M | 40.3M |
| Total current liabilities | 32.9M | 59.9M | 138.7M | 212.7M | 138.1M | 203.1M | 240.5M |
| Long-term debt | 43.7M | 74M | 83.1M | 494.7M | 652.4M | 898.4M | 1B |
| Total liabilities | 90.3M | 183.7M | 340M | 934.4M | 1.1B | 1.7B | 2.1B |
| Shareholders' equity | 78M | 76M | 213.7M | 252M | 675.9M | 763.9M | 897.9M |
| Total debt | 47.9M | 95.1M | 150.7M | 625.4M | 676.6M | 942.9M | 1.1B |
| Net debt | 32.3M | 63.5M | 132.2M | 605.2M | 543M | 649.6M | 819.6M |
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 | 149.8M | — | — | — | — | — | — | — | 267.2M | 269.4M | 263.5M | 268.6M |
| Receivables | 9.1M | — | — | — | — | — | — | — | 14.3M | 18.4M | 18.8M | 18.9M |
| Inventory | 50.3M | — | — | — | — | — | — | — | 45.3M | 48.9M | 37.4M | 41.3M |
| Total current assets | 221.4M | — | — | — | — | — | — | — | 341.1M | 357.4M | 340.5M | 352.5M |
| Property, plant & equipment | 818.9M | 42.4M | 45.8M | 48.6M | 51.3M | 54.5M | 57.9M | 60.5M | 1B | 1.1B | 1.1B | 1.2B |
| Goodwill & intangibles | 55.7M | — | — | — | — | — | — | — | 46.8M | 3M | — | — |
| Total assets | 1.6B | — | — | — | — | — | — | — | 2.9B | 3B | 3.1B | 3.4B |
| Accounts payable | 27.7M | — | — | — | — | — | — | — | 38.2M | 37.6M | 41.7M | 44.3M |
| Short-term debt | 22.8M | — | — | — | — | — | — | — | 36.5M | 40.3M | 43M | 45.5M |
| Total current liabilities | 120.8M | — | — | — | — | — | — | — | 224.5M | 240.5M | 255.2M | 261.1M |
| Long-term debt | 622.9M | — | — | — | — | — | — | — | 1B | 1B | 1.1B | 1.2B |
| Total liabilities | 968.4M | — | — | — | — | — | — | — | 2.1B | 2.1B | 2.2B | 2.4B |
| Shareholders' equity | 670.6M | — | — | — | — | — | — | — | 865M | 897.9M | 920.5M | 975M |
| Total debt | 645.6M | — | — | — | — | — | — | — | 1B | 1.1B | 1.2B | 1.2B |
| Net debt | 495.8M | — | — | — | — | — | — | — | 769.4M | 819.6M | 896.8M | 938.7M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | 28.4M | 6.1M | -117.9M | -19.3M | 10M | 66.5M | 117.3M |
| Depreciation & amortization | 9.7M | 15.5M | 25.2M | 44.7M | 69.1M | 93M | 115.1M |
| Stock-based compensation | 6.8M | 35.1M | 157.7M | 41.7M | 39.2M | 11.5M | 18M |
| Change in working capital | 6.4M | -4.6M | 11.5M | -20.4M | -4.6M | 20.2M | 13.3M |
| Operating cash flow | 51.3M | 52.2M | 74.1M | 54.9M | 129.3M | 221M | 295.5M |
| Capital expenditure | -39.4M | -40.5M | -115.7M | -186.5M | -227.3M | -212.1M | — |
| Investing cash flow | -39.9M | -45.6M | -121.1M | -192.6M | -227.3M | -212.1M | — |
| Dividends paid | -6.6M | -7.8M | -213.3M | 0 | 0 | — | — |
| Share repurchases | 0 | 0 | -287.7M | 0 | 0 | — | — |
| Financing cash flow | -21.3M | -14.7M | 12.6M | 282.1M | 88M | 125.4M | -78.4M |
| Net change in cash | -9.9M | -8.1M | -34.4M | 144.4M | -10M | 134.4M | 217.1M |
| Free cash flow | 17.2M | 13M | -38.1M | -128M | -88.5M | 24.7M | 54.4M |
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 | 13.4M | -3.8M | 16.2M | 22.2M | 21.7M | 6.4M | 22.5M | 38.4M | 27.3M | 29.2M | 23.7M | 51.6M |
| Depreciation & amortization | 18.1M | 19.7M | 21.3M | 22.4M | 23.9M | 25.5M | 26.4M | 27.9M | 29.1M | 31.7M | 38.3M | 35.5M |
| Stock-based compensation | 9.7M | 10.2M | 1.9M | 3.3M | 3M | 3.3M | 4.2M | 4.7M | 4.6M | 4.5M | 5.3M | 6.9M |
| Change in working capital | -4.2M | 12.1M | 2.6M | -4.7M | 9.7M | 12.7M | -4.8M | 14.8M | 3.3M | 27.7M | 7.7M | 2.5M |
| Operating cash flow | 42.1M | 41M | 48.3M | 50.4M | 66.5M | 55.8M | 54.2M | 89.9M | 89.1M | 79.6M | 84.7M | 112.2M |
| Capital expenditure | -65.4M | -59.8M | -57.5M | -55.8M | -56.1M | -42.7M | -45.5M | — | — | — | — | — |
| Investing cash flow | -65.4M | -59.8M | -57.5M | -55.8M | -56.1M | -42.7M | -45.5M | — | — | — | -19.8M | 0 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -391.5M | -1.4M | 145.4M | -5.6M | -7.1M | -7.3M | 31.7M | -97.7M | -6.1M | -6.3M | -13.8M | -34.9M |
| Net change in cash | -414.8M | -20.2M | 136.3M | -10.9M | 3.2M | 5.8M | 40.4M | -7.8M | 83M | 73.3M | 51.1M | 77.3M |
| Free cash flow | -16.4M | -15.7M | -16.3M | -4.9M | 26.4M | 19.5M | -8.7M | 35.7M | 18.9M | 8.5M | 27.7M | 39.9M |