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 % |
|---|---|---|---|---|---|---|
| Q1 26 | $0.74 | $0.77 | +4.1% | — | $40.5M | — |
| Q4 25 | $0.79 | $0.8 | +1.3% | — | $126.1M | — |
| Q3 25 | $0.79 | $0.82 | +3.8% | — | $148M | — |
| Q2 25 | $0.79 | $0.77 | -2.5% | — | $170.1M | — |
| Q1 25 | $0.82 | $0.83 | +1.2% | — | $163.7M | — |
| Q4 24 | $0.85 | $0.83 | -2.4% | — | $164.8M | — |
| Q3 24 | $0.89 | $0.91 | +2.2% | — | $163.2M | — |
| Q2 24 | $0.9 | $0.89 | -1.1% | — | $207.6M | — |
| Q1 24 | $0.92 | $0.87 | -5.4% | — | $195.7M | — |
| Q4 23 | $0.93 | $0.96 | +3.2% | — | $173.1M | — |
| Q3 23 | $0.98 | $0.95 | -3.1% | — | $174.8M | — |
| Q2 23 | $0.98 | $1.06 | +8.2% | — | $147.8M | — |
| Q1 23 | $0.92 | $0.93 | +1.1% | — | $138.9M | — |
| Q4 22 | $0.88 | $0.9 | +2.3% | — | $118M | — |
| Q3 22 | $0.69 | $0.8 | +15.9% | — | $91.2M | — |
| Q2 22 | $0.6 | $0.62 | +3.3% | — | $74.8M | — |
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 | — | $2.46 | — | — | $607.9M | — |
| FY24 | — | $3.45 | — | — | $731.3M | — |
| FY23 | — | $3.65 | — | — | $628.1M | — |
| FY22 | — | $2.44 | — | — | $397.1M | — |
| FY21 |
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 | -$2.3M | $116.9M | $238.4M | $479.6M | $397.1M | $628.1M | $731.3M | $607.9M |
| YoY change | — | +5.2K% | +104% | +101.2% | -17.2% | +58.2% | +16.4% | -16.9% |
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 | -2.3M | 116.9M | 238.4M | 479.6M | 397.1M | 628.1M | 731.3M | 607.9M |
| Cost of revenue | 1.4M | 35.4M | 65.9M | — | — | — | — | — |
| Gross profit | 1.8M | 112.2M | 323.2M | — | — | — | — | — |
| Gross margin | -77% | 96% | 135.6% | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.2M | 7.4M | 10.4M | 10.7M | 13.9M | 15.3M | 11.9M | 14.6M |
| Operating expenses | -79K | 10.2M | 19.2M | 16.7M | -8.9M | -671K | 22.6M | 28.3M |
| Operating income | -292K | 75.2M | 242.6M | — | — | — | — | — |
| Operating margin | 12.7% | 64.3% | 101.7% | — | — | — | — | — |
| Non-operating income, net | -2.5M | 32.1M | -22.4M | — | — | — | — | — |
| Pretax income | -2.9M | 106.7M | 219.2M | 462.9M | 405.9M | 628.7M | 708.6M | 579.6M |
| Income tax | 52K | 465K | 517K | 2.4M | 1.4M | 16.8M | 14.5M | 16.1M |
| Net income | -2.9M | 106.2M | 218.6M | 460.4M | 404.6M | 612M | 694.1M | 563.5M |
| Net margin | 127.9% | 90.9% | 91.7% | 96% | 101.9% | 97.4% | 94.9% | 92.7% |
| EBITDA | — | — | — | — | — | — | — | — |
| EPS | -0.03 | 1.11 | 2.29 | 3.19 | 2.44 | 3.65 | 3.45 | 2.46 |
| Diluted EPS | -0.03 | 1.11 | 2.29 | 3.19 | 2.44 | 3.65 | 3.45 | 2.46 |
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 | 174.8M | 173.1M | 195.7M | 207.6M | 163.2M | 164.8M | 163.7M | 170.1M | 148M | 126.1M | 40.5M | 26.7M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 4.6M | 3.4M | 3M | 3.1M | 2.8M | 3M | 3.2M | 3.5M | 3.9M | 3.9M | 3.6M | 4.2M |
| Operating expenses | -1.2M | 11.6M | 8.6M | 8M | 7.6M | -1.5M | 9.7M | 11.2M | 11.4M | -3.9M | 11.2M | 12.8M |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | 176M | 161.5M | 187.1M | 199.6M | 155.6M | 166.3M | 154M | 158.8M | 136.7M | 130.1M | 29.3M | 13.9M |
| Income tax | 5M | 4.2M | 3.4M | 3.4M | 3.9M | 3.8M | 4.2M | 3.8M | 4.2M | 3.9M | 4.1M | 4.4M |
| Net income | 171M | 157.3M | 183.8M | 196.2M | 151.7M | 162.5M | 149.8M | 155M | 132.4M | 126.2M | 25.2M | 9.5M |
| Net margin | 97.8% | 90.9% | 93.9% | 94.5% | 92.9% | 98.6% | 91.5% | 91.2% | 89.5% | 100% | 62.3% | 35.5% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | 1.01 | — | 0.96 | 1.01 | 0.75 | 0.75 | 0.66 | 0.68 | 0.57 | — | 0.11 | 0.04 |
| Diluted EPS | 1.01 | — | 0.96 | 1.01 | 0.75 | 0.75 | 0.66 | 0.68 | 0.57 | — | 0.11 | 0.04 |
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 | — | — | — | — | — | 4.6B | — | — | 5.7B |
| Enterprise value | — | — | — | — | — | 9.4B | — | — | 13.1B |
| Shares outstanding | 95.3M | 95.3M | 95.3M | 144.5M | 166.1M | 167.6M | 201.4M | 229.2M | 229.2M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 7.57 | — | — | 19.4 |
| P/S | — | — | — | — | — | 7.38 | — | — | 4.22 |
| P/B | — | — | — | — | — | 0.94 | — | — | 0.97 |
| EV/Sales | — | — | — | — | — | 15 | — | — | 9.61 |
| Earnings yield | — | — | — | — | — | 13.2% | — | — | 5.15% |
| FCF yield | — | — | — | — | — | 9.9% | — | — | 7.2% |
| PEG | — | — | — | — | — | — | — | — | -0.21 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | -77% | 96% | 135.6% | — | — | — | — | — | — |
| Operating margin | 12.7% | 64.3% | 101.7% | — | — | — | — | — | 87.1% |
| Net margin | 127.9% | 90.9% | 91.7% | 96% | 101.9% | 97.4% | 94.9% | 92.7% | 21.5% |
| ROE | -1.25% | 6.35% | 6.69% | 10.4% | 9.73% | 12.4% | 11.4% | 9.02% | 4.8% |
| ROA | -0.51% | 3.33% | 3.67% | — | — | — | 5.15% | 3.84% | 5.19% |
| ROIC | -0.05% | 1.66% | 3.53% | — | — | — | — | — | — |
| Return on tangible assets | -0.51% | 3.33% | 3.67% | — | — | — | 5.15% | 3.84% | 2.13% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.08 | 0.06 | 0.24 | — | — | — | — | — | 1.31 |
| Quick ratio | 0.08 | 0.06 | 0.24 | — | — | — | — | — | — |
| Debt / equity | 1.57 | 1.74 | 1.17 | 1.24 | 1.33 | 0.99 | 1.16 | 1.29 | 1.27 |
| Debt / assets | 0.64 | 0.91 | 0.64 | — | — | — | 0.52 | 0.55 | 0.55 |
| Effective tax rate | 0% | 0.44% | 0.24% | 0.53% | 0.34% | 2.67% | 2.05% | 2.78% | 5.37% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | -0.02 | 1.23 | 2.5 | 3.32 | 2.39 | 3.75 | 3.63 | 2.65 | 5.88 |
| EPS (basic) | -0.03 | 1.11 | 2.29 | 3.19 | 2.44 | 3.65 | 3.45 | 2.46 | 2.46 |
| EPS (diluted) | -0.03 | 1.11 | 2.29 | 3.19 | 2.44 | 3.65 | 3.45 | 2.46 | 1.27 |
| Book value per share | 2.48 | 17.6 | 34.3 | 30.8 | 25 | 29.5 | 30.2 | 27.3 | 25.5 |
| FCF per share | -3.67 | -26.8 | -24.3 | -26.5 | 4.05 | 2.74 | -12.5 | -2 | 0.64 |
| Cash per share | 0.07 | 0.69 | 2.29 | 0.71 | 0.79 | 0.92 | 1.14 | 1.26 | 0.79 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Payout ratio | 0% | 33.3% | 66.4% | 55.1% | 104.7% | 71.6% | 84% | 120.3% | 242.5% |
| Dividend yield | — | — | — | — | — | 9.45% | — | — | 12.6% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jun 30, 2026 | $0.77 |
| Mar 31, 2026 | $0.77 |
| Dec 31, 2025 | $0.77 |
| Sep 30, 2025 | $0.77 |
| Jun 30, 2025 | $0.77 |
| Mar 31, 2025 | $0.77 |
| Dec 31, 2024 | $0.77 |
| Sep 30, 2024 | $0.77 |
| — |
| $3.19 |
| — |
| — |
| $479.6M |
| — |
| FY20 | — | $2.29 | — | — | $238.4M | — |
| FY19 | — | $1.11 | — | — | $116.9M | — |
| FY18 | — | -$0.03 | — | — | -$2.3M | — |
| 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 | $174.8M | $173.1M | $195.7M | $207.6M | $163.2M | $164.8M | $163.7M | $170.1M | $148M | $126.1M | $40.5M | $26.7M |
| YoY change | +91.6% | +46.7% | +40.9% | +40.5% | -6.64% | -4.83% | -16.4% | -18.1% | -9.28% | -23.4% | -75.2% | -84.3% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 6.2M | 65.5M | 218M | 102.9M | 131.3M | 154.9M | 229.6M | 289.6M |
| Receivables | 17.7M | 2.7M | 114.5M | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 26.2M | 91.2M | 357.4M | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — |
| Total assets | 574.7M | 3.2B | 6B | — | — | — | 13.5B | 14.7B |
| Accounts payable | 150.4M | 43.4M | 149.9M | 165.1M | 161.8M | 191.5M | 244M | 242.7M |
| Short-term debt | 185M | 1.5B | 1.3B | — | — | — | — | — |
| Total current liabilities | 338.2M | 1.5B | 1.5B | — | — | — | — | — |
| Long-term debt | 185M | 1.5B | 2.5B | 5.5B | 5.5B | 4.9B | 7.1B | 8.1B |
| Total liabilities | 338.4M | 1.5B | 2.7B | — | — | — | 7.4B | 8.4B |
| Shareholders' equity | 236.4M | 1.7B | 3.3B | 4.4B | 4.2B | 5B | 6.1B | 6.2B |
| Total debt | 370M | 2.9B | 3.8B | 5.5B | 5.5B | 4.9B | 7.1B | 8.1B |
| Net debt | 363.8M | 2.8B | 3.6B | 5.4B | 5.4B | 4.8B | 6.8B | 7.8B |
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 | 145.8M | 154.9M | 147.7M | 291.3M | 194.2M | 229.6M | 897.3M | 186.6M | 178M | 289.6M | 351.3M | 267.2M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | — | — | 10.7B | 11.8B | 12.4B | 13.5B | 14B | 13.7B | 14.3B | 14.7B | 14.4B | 13.8B |
| Accounts payable | 171.8M | 191.5M | 197.2M | 203.4M | 189.8M | 244M | 260.9M | 244.5M | 241.9M | 242.7M | 250.8M | 251.6M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 5B | 4.9B | 5.3B | 6.1B | 6.4B | 7.1B | 7.4B | 7.1B | 7.7B | 8.1B | 8B | 7.5B |
| Total liabilities | — | — | 5.5B | 6.4B | 6.7B | 7.4B | 7.7B | 7.4B | 8B | 8.4B | 8.3B | 7.8B |
| Shareholders' equity | 4.6B | 5B | 5.2B | 5.4B | 5.7B | 6.1B | 6.2B | 6.3B | 6.3B | 6.2B | 6.1B | 5.9B |
| Total debt | 5B | 4.9B | 5.3B | 6.1B | 6.4B | 7.1B | 7.4B | 7.1B | 7.7B | 8.1B | 8B | 7.5B |
| Net debt | 4.8B | 4.8B | 5.1B | 5.8B | 6.2B | 6.8B | 6.5B | 6.9B | 7.5B | 7.8B | 7.7B | 7.3B |
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 | -2.9M | 106.2M | 218.6M | 460.4M | 404.6M | 612M | 694.1M | 563.5M |
| Depreciation & amortization | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — |
| Change in working capital | 10.3M | 15.3M | -105.3M | -69.2M | 58.6M | 52.3M | -29M | 4M |
| Operating cash flow | 7.7M | 113.6M | 62.3M | 329.1M | 389.8M | 574.6M | 558.3M | -458.7M |
| Capital expenditure | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — |
| Dividends paid | 0 | -35.4M | -145.1M | -253.8M | -423.4M | -438M | -583.4M | -678M |
| Share repurchases | — | — | — | 0 | -263M | — | — | — |
| Financing cash flow | 359.3M | 3.9B | 2.5B | 3.7B | -905.8M | -423.6M | 2.6B | 537.9M |
| Net change in cash | 367M | 4B | 2.5B | 4.1B | -516M | 151M | 3.2B | 79.3M |
| Free cash flow | -349.8M | -2.6B | -2.3B | -3.8B | 672.9M | 458.8M | -2.5B | -458.7M |
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 | 171M | 157.3M | 183.8M | 196.2M | 151.7M | 162.5M | 149.8M | 155M | 132.4M | 126.2M | 25.2M | 9.5M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -21.7M | 47M | -8.6M | -64.9M | 504K | 48M | -12.9M | -2.1M | -12M | 31M | -586K | -36.1M |
| Operating cash flow | 130.4M | 180.4M | 149.2M | 102M | 121.9M | 189.2M | 102.6M | -221.1M | -432.6M | -229.7M | 249.3M | 561M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | -111.1M | -128.1M | -137.4M | -142.4M | -147.6M | -155.8M | -165.6M | -170M | -171.5M | -170.8M | -170.5M | -170.1M |
| Share repurchases | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 88.9M | 155.7M | 388.3M | 853.8M | 428.2M | 948.3M | 310.9M | -469.9M | 425.2M | 271.7M | -183.4M | -639.1M |
| Net change in cash | 219.3M | 336M | 537.6M | 955.8M | 550.2M | 1.1B | 413.6M | -690.9M | -7.4M | 42M | 65.9M | -78.2M |
| Free cash flow | -90.4M | -127.9M | -395.5M | -709.2M | -517.7M | -903.9M | 424.7M | -221.1M | -432.6M | -229.7M | 249.3M | 561M |