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 | $0.16 | $0.18 | +12.5% | — | $701.3M | — |
| Q1 26 | $0.18 | $0.21 | +16.7% | — | $694.1M | — |
| Q4 25 | $0.25 | $0.56 | +124.0% | — | $770.2M | — |
| Q3 25 | $0.6 | $0.69 | +15.0% | — | $739.8M | — |
| Q2 25 | -$0.16 | $1.12 | +800.0% | — | $658.1M | — |
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 | — | -$0.44 | — | — | $2.7B | — |
| FY24 | — | $0.8 | — | — | $1.7B | — |
| FY23 | — | $227.1 | — | — | $1.5B | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | $1.5B | $1.7B | $2.7B |
| YoY change | — | +15.6% | +63.9% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 24 | Q2 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $365.1M | $430M | $435.4M | $578.6M | $658.1M | $739.8M | $770.2M |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 1.5B | 1.7B | 2.7B |
| Cost of revenue | 1B | 1.3B | 2.5B |
| Gross profit | 426.7M | 395.5M | 238.1M |
| Gross margin | 29.4% | 23.6% | 8.67% |
| Research & development | — | — | — |
| Selling, general & administrative | 136.7M | 154.6M | 216M |
| Operating expenses | 157.4M | 181.7M | 252.6M |
| Operating income | 234.4M | 162.9M | -91.1M |
| Operating margin | 16.2% | 9.72% | -3.32% |
| Non-operating income, net | 57.2M | 25.9M | -58.2M |
| Pretax income | 318.9M | 221.6M | -102.9M |
| Income tax | 47.4M | 64.6M | -33.4M |
| Net income | 267.6M | 155.7M | -69.5M |
| Net margin | 18.4% | 9.29% | -2.53% |
| EBITDA | 324.3M | 261.5M | -35.6M |
| EPS | 227.1 | 0.8 | -0.44 |
| Diluted EPS | 227.1 | 0.73 | -0.44 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 24 | Q2 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 365.1M | 430M | 435.4M | 578.6M | 658.1M | 739.8M | 770.2M | 694.1M | 701.3M |
| Cost of revenue | 267.9M | 316M | 373.9M | 423.3M | 910.3M | 576.9M | 598M | 544.9M | 546.5M |
| Gross profit | 97.2M | 114M | 61.4M | 155.3M | -252.3M | 162.9M | 172.2M | 149.2M | 154.8M |
| Gross margin | 26.6% | 26.5% | 14.1% | 26.8% | -38.3% | 22% | 22.4% | 21.5% | 22.1% |
| Research & development | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 31.3M | 41.4M | 44.2M | 34.5M | 51M | 51.1M | 79.3M | 63.9M | 74.9M |
| Operating expenses | 37.7M | 48.2M | 51.2M | 42.2M | 59.8M | 60.5M | 90.1M | 76.6M | 91.3M |
| Operating income | 47.9M | 53.2M | -3.3M | 99.2M | -326.3M | 79.3M | 56.6M | 45.9M | 33.7M |
| Operating margin | 13.1% | 12.4% | -0.76% | 17.1% | -49.6% | 10.7% | 7.35% | 6.61% | 4.8% |
| Non-operating income, net | 17.1M | -9M | 5.4M | -17M | -169.3M | 60.6M | 67.5M | -2.8M | 4.2M |
| Pretax income | 72.9M | 52.2M | 10.4M | 89.8M | -486M | 153.1M | 140.2M | 56.7M | 52.3M |
| Income tax | 24.2M | 19.2M | 5.9M | 25M | -3.9M | -61.3M | 6.8M | 1.4M | 4.1M |
| Net income | 48.6M | 32.9M | 3.1M | 64.8M | -482.1M | 214.4M | 133.4M | 55.2M | 48.2M |
| Net margin | 13.3% | 7.66% | 0.71% | 11.2% | -73.3% | 29% | 17.3% | 7.96% | 6.87% |
| EBITDA | 68.1M | 74.3M | 15.8M | 121M | -309.7M | 173M | 150.1M | 86.9M | 78.4M |
| EPS | 0 | 0 | — | 0.33 | -4.48 | 0.93 | 0.56 | 0.23 | 0.19 |
| Diluted EPS | 0 | 0 | — | 0.29 | -4.48 | 0.64 | 0.43 | 0.21 | 0.18 |
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 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|
| Market cap | — | — | — | 23.4B |
| Enterprise value | — | — | — | 20.9B |
| Shares outstanding | 197.7K | 193.8K | 158.7M | 158.7M |
| Metric | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|
| P/E | — | — | — | 17.8 |
| P/S | — | — | — | 8.35 |
| P/B | — | — | — | 6.41 |
| EV/EBITDA | — | — | — | 91.2 |
| EV/Sales | — | — | — | 7.19 |
| Earnings yield | — | — | — | 5.61% |
| FCF yield | — | — | — | 0.88% |
| PEG | — | — | — | -0.17 |
| Metric | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|
| Gross margin | 29.4% | 23.6% | 8.67% | 22.1% |
| Operating margin | 16.2% | 9.72% | -3.32% | 4.9% |
| Net margin | 18.4% | 9.29% | -2.53% | 15.5% |
| ROE | 78.8% | 27.3% | -2.09% | 15.3% |
| ROA | 1.03% | 0.34% | -0.09% | 0.19% |
| ROIC | -162.5% | -74.9% | -4.95% | 12.1% |
| Return on tangible assets | 1.07% | 0.35% | -0.09% | 0.6% |
| Metric | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|
| Current ratio | 1.04 | 1.03 | 1.03 | 1.03 |
| Quick ratio | 1.04 | 1.03 | 1.03 | 1.03 |
| Debt / equity | 0.17 | 0.07 | 0.01 | 0 |
| Debt / assets | 0 | 0 | 0 | 0 |
| Net debt / EBITDA | -1.43 | -2.77 | 41.8 | -3.51 |
| Interest coverage | 167.8 | 117.3 | -82.9 | 620.8 |
| Effective tax rate | 14.9% | 29.1% | 0% | 0% |
| Metric | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|
| Revenue per share | 7.3K | 8.7K | 17.3 | 12 |
| EPS (basic) | 227.1 | 0.8 | -0.44 | -0.44 |
| EPS (diluted) | 227.1 | 0.73 | -0.44 | 4.99 |
| Book value per share | 1.7K | 2.9K | 21 | 13.9 |
| FCF per share | 539.6 | 1.6K | 3.06 | 2.64 |
| Cash per share | 2.6K | 3.9K | 9.62 | 6.82 |
| Capex per share | — | — | 0.35 | 0.25 |
| Metric | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|
| Capex / revenue | — | — | 2.05% | 2.31% |
| Capex / operating cash flow | — | — | 10.4% | 8.64% |
| Payout ratio | — | — | — | 0% |
| $694.1M |
| $701.3M |
| YoY change | — | — | — | +58.5% | +53% | — | +76.9% | +20% | +6.57% |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|
| Cash & short-term investments | 520.8M | 765.3M | 1.5B |
| Receivables | 103.1M | 145.3M | 282.1M |
| Inventory | — | — | — |
| Total current assets | 25.3B | 45.2B | 77.8B |
| Property, plant & equipment | 2.6M | 18.7M | 22.8M |
| Goodwill & intangibles | 993.9M | 1B | 1.4B |
| Total assets | 26B | 45.8B | 78.7B |
| Accounts payable | 10.7M | 118.1M | 105.3M |
| Short-term debt | — | — | 36.8M |
| Total current liabilities | 24.4B | 44B | 75.3B |
| Long-term debt | 58.5M | 40.7M | — |
| Total liabilities | 25.7B | 45.3B | 75.4B |
| Shareholders' equity | 339.5M | 570.5M | 3.3B |
| Total debt | 58.5M | 40.7M | 36.8M |
| Net debt | -310.1M | -710.3M | -1.5B |
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 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 765.3M | 850.8M | 1.1B | 1.3B | 1.5B | 1.5B | 1.7B |
| Receivables | 145.3M | 199.1M | 201.1M | 243.7M | 282.1M | 283M | 299M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 45.2B | 61.5B | 63.3B | 75.9B | 77.8B | 79.6B | 76.2B |
| Property, plant & equipment | 18.7M | 23.7M | 23.8M | 23.5M | 22.8M | 22.5M | 22.2M |
| Goodwill & intangibles | 1B | 1.2B | 1.3B | 1.4B | 1.4B | 1.4B | 1.4B |
| Total assets | 45.8B | 62.3B | 64.2B | 76.8B | 78.7B | 80.5B | 77.2B |
| Accounts payable | 118.1M | 111.9M | 222.5M | 35.9M | 105.3M | 50.1M | 172.4M |
| Short-term debt | — | — | 206.1M | 149.1M | 36.8M | — | — |
| Total current liabilities | 44B | 60.3B | 61.7B | 73.7B | 75.3B | 77.1B | 73.6B |
| Long-term debt | 40.7M | 37.4M | — | — | — | — | — |
| Total liabilities | 45.3B | 61.5B | 61.8B | 73.8B | 75.4B | 77.1B | 73.7B |
| Shareholders' equity | 570.5M | 745M | 2.4B | 3B | 3.3B | 3.4B | 3.5B |
| Total debt | 40.7M | 37.4M | 206.1M | 149.1M | 36.8M | — | — |
| Net debt | -710.3M | -811.2M | -912M | -1.2B | -1.5B | — | — |
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 | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income | 267.6M | 155.7M | -69.5M |
| Depreciation & amortization | 34.9M | 50.9M | 76.6M |
| Stock-based compensation | 108M | 50.1M | 562.9M |
| Change in working capital | 2.5M | 6.3M | -44.3M |
| Operating cash flow | 380.4M | 259M | 542.1M |
| Capital expenditure | — | — | -56.2M |
| Investing cash flow | 8.5B | 225.4M | -84M |
| Dividends paid | — | — | — |
| Share repurchases | -8.7M | 0 | 0 |
| Financing cash flow | -20.3B | 19.4B | 31.9B |
| Net change in cash | -11.4B | 19.9B | 32.3B |
| Free cash flow | 106.7M | 305.5M | 485.9M |
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 24 | Q2 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | 48.6M | 32.9M | 3.1M | 64.8M | -482.1M | 214.4M | 133.4M | 55.2M | 48.2M |
| Depreciation & amortization | 11.6M | 12.6M | 13.5M | 13.9M | 14.2M | 23M | 25.5M | 26.8M | 29.9M |
| Stock-based compensation | 9.5M | 16.7M | 11.1M | 12.7M | 431.1M | 59.6M | 59.4M | 51.8M | 53.6M |
| Change in working capital | 891K | -1.9M | 238K | -7.7M | -5.3M | -15.7M | -15.6M | -18.2M | 209.8M |
| Operating cash flow | 70.8M | 59.3M | 27.4M | 81M | 247.1M | -10.7M | 249.1M | 21.1M | 517.4M |
| Capital expenditure | — | — | — | — | -13.2M | -15.6M | -15.7M | -15.6M | -20.2M |
| Investing cash flow | 15.1M | 55.1M | 86.2M | -13.6M | -20.9M | -20.3M | -17.6M | -35.2M | -22M |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 7.8B | -198.2M | 8.5B | 16.3B | 955.2M | 12.5B | 1.6B | 1.8B | -3.9B |
| Net change in cash | 7.9B | -83.8M | 8.6B | 16.3B | 1.2B | 12.5B | 1.8B | 1.8B | -3.4B |
| Free cash flow | 68.3M | 38.8M | 94.7M | 44.9M | 233.9M | -26.3M | 233.4M | 5.5M | 497.3M |