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 | $0.07 | $0.11 | +57.1% | — | $196.6M | — |
| Q1 26 | $0.02 | $0.03 | +50.0% | — | $159.9M | — |
| Q3 25 | $0.02 | $0.05 | +150.0% | — | $151.7M | — |
| Q2 25 | $0.02 | $0.04 | +100.0% | — | $152.6M | — |
| Q4 24 | $0.01 | $0.01 | 0.0% | — | $151.8M | — |
| Q3 24 | -$0.01 | -$0.01 | 0.0% | — | $140.2M | — |
| Q2 24 | — | $0.01 | — | — | $144.2M | — |
| Q1 24 | — | $0.01 | — | — | $119.3M | — |
| Q4 23 | $0.02 | $0.05 | +150.0% | — | $144.9M | — |
| Q3 23 | $0.02 | $0.03 | +50.0% | — | $142.4M | — |
| Q2 23 | $0.01 | $0.02 | +100.0% | — | $138.1M | — |
| Q1 23 | — | $0.01 | — | — | $120.2M | — |
| Q4 22 | $0.01 | $0.05 | +400.0% | — | $144.9M | — |
| Q3 22 | $0.02 | $0.02 | 0.0% | — | $128.6M | — |
| Q2 22 | $0.02 | $0.03 | +50.0% | — | $122.2M | — |
| Q1 22 | $0.06 | $0.05 | -16.7% | — | $110.1M | — |
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 | — | $0.21 | — | — | $631.1M | — |
| FY24 | — | $0.02 | — | — | $555.6M | — |
| FY23 | — | $0.13 | — | — | $545.6M | — |
| FY22 | — | $0.13 | — | — | $505.8M | — |
| FY21 | — | -$0.06 |
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 | $110.5M | $263.1M | $419.6M | $505.8M | $545.6M | $555.6M | $631.1M |
| YoY change | — | +138.1% | +59.5% | +20.6% | +7.87% | +1.82% | +13.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 |
|---|
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 | 110.5M | 263.1M | 419.6M | 505.8M | 545.6M | 555.6M | 631.1M |
| Cost of revenue | 31.2M | 72.9M | 118.4M | 151.4M | 168.7M | 179.9M | 211.3M |
| Gross profit | 79.3M | 190.2M | 301.2M | 354.5M | 377M | 375.6M | 419.8M |
| Gross margin | 71.8% | 72.3% | 71.8% | 70.1% | 69.1% | 67.6% | 66.5% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 79.7M | 132.3M | 290.2M | 316.8M | 342.9M | 373.4M | 381.7M |
| Operating expenses | 79.7M | 132.3M | 290.2M | 316.8M | 342.9M | 373.4M | 381.7M |
| Operating income | -347K | 57.9M | 11M | 37.7M | 34M | 2.3M | 38.1M |
| Operating margin | -0.31% | 22% | 2.62% | 7.45% | 6.24% | 0.41% | 6.04% |
| Non-operating income, net | -1K | — | -885K | -647K | -13K | 833K | 312K |
| Pretax income | 112K | 58.1M | 9.9M | 38.7M | 40.8M | 14.3M | 47.2M |
| Income tax | 0 | 8.3M | 19.4M | 17.5M | 18.2M | 11.6M | 13M |
| Net income | 112K | 49.8M | -9.6M | 21.2M | 22.6M | 2.7M | 34.3M |
| Net margin | 0.1% | 18.9% | -2.28% | 4.19% | 4.15% | 0.49% | 5.43% |
| EBITDA | 170K | 58.9M | 11.5M | 39.6M | 37M | 9M | 47.2M |
| EPS | 0 | 0.31 | -0.06 | 0.13 | 0.13 | 0.02 | 0.21 |
| Diluted EPS | 0 | 0.31 | -0.06 | 0.11 | 0.12 | 0.02 | 0.19 |
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 | 142.4M | 144.9M | 119.3M | 144.2M | 140.2M | 151.8M | 124.9M | 152.6M | 151.7M | 201.9M | 159.9M | 196.6M |
| Cost of revenue | 45M | 47.1M | 37.2M | 47M | 46.2M | 49.6M | 40.4M | 50.4M | 45.6M | 74.8M | 51.6M | 48.8M |
| Gross profit | 97.4M | 97.9M | 82.1M | 97.3M | 94M | 102.2M | 84.5M | 102.2M | 106.1M | 127.1M | 108.3M | 147.9M |
| Gross margin | 68.4% | 67.5% | 68.9% | 67.4% | 67.1% | 67.3% | 67.6% | 67% | 69.9% | 62.9% | 67.7% | 75.2% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 87.4M | 83.6M | 81.7M | 95.7M | 102.7M | 93.3M | 84.7M | 92.3M | 96.4M | 108.3M | 103.8M | 112.6M |
| Operating expenses | 87.4M | 83.6M | 81.7M | 95.7M | 102.7M | 93.3M | 84.7M | 92.3M | 96.4M | 108.3M | 103.8M | 112.6M |
| Operating income | 10M | 14.2M | 443K | 1.6M | -8.6M | 8.9M | -211K | 9.9M | 9.6M | 18.8M | 4.5M | 35.3M |
| Operating margin | 6.99% | 9.82% | 0.37% | 1.08% | -6.15% | 5.86% | -0.17% | 6.5% | 6.35% | 9.32% | 2.8% | 17.9% |
| Non-operating income, net | -6K | -2K | -10K | — | 2K | 841K | -1K | -3K | 9K | 307K | -277K | -526K |
| Pretax income | 11.8M | 16.5M | 3.3M | 4.4M | -5.7M | 12.4M | 1.9M | 12M | 12M | 21.4M | 6.4M | 36.9M |
| Income tax | 5.7M | 6.5M | 1.8M | 3.3M | -4M | 10.5M | 2M | 4.9M | 3.2M | 2.8M | 157K | 8.5M |
| Net income | 6.1M | 10M | 1.4M | 1.1M | -1.7M | 1.9M | -102K | 7.1M | 8.7M | 18.5M | 6.3M | 28.4M |
| Net margin | 4.32% | 6.9% | 1.2% | 0.76% | -1.21% | 1.24% | -0.08% | 4.65% | 5.77% | 9.17% | 3.93% | 14.4% |
| EBITDA | 10.7M | 15M | 1.3M | 2.7M | -5.7M | 10.7M | 1.8M | 12.1M | 12M | 21.4M | 7.9M | 37.6M |
| EPS | 0.04 | — | 0.01 | 0.01 | -0.01 | 0.01 | 0 | 0.04 | 0.05 | 0.11 | 0.04 | 0.17 |
| Diluted EPS | 0.03 | — | 0.01 | 0.01 | -0.01 | 0.01 | 0 | 0.04 | 0.05 | 0.1 | 0.03 | 0.15 |
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 | — | — | 4.4B | 1.1B | 1.2B | 1B | 1.9B | 2.3B |
| Enterprise value | — | — | 4.2B | 971.6M | 968.5M | 855.3M | 1.6B | 2B |
| Shares outstanding | 160.1M | 160.1M | 159.2M | 165.3M | 168.1M | 169.2M | 163.5M | 163.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | 52.5 | 51.6 | 385.1 | 54.2 | 40.7 |
| P/S | — | — | 10.5 | 2.2 | 2.14 | 1.89 | 2.94 | 3.14 |
| P/B | — | — | 17.9 | 3.61 | 3.1 | 2.78 | 4.24 | 5.03 |
| EV/EBITDA | — | — | 363.8 | 24.5 | 26.2 | 95.5 | 34.3 | 25.2 |
| EV/Sales | — | — | 9.99 | 1.92 | 1.77 | 1.54 | 2.56 | 2.8 |
| Earnings yield | — | — | — | 1.9% | 1.94% | 0.26% | 1.84% | 2.46% |
| FCF yield | — | — | 1.45% | -3.66% | 7.24% | 6.12% | 2.85% | 3.47% |
| PEG | — | — | — | — | — | — | — | 0.13 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 71.8% | 72.3% | 71.8% | 70.1% | 69.1% | 67.6% | 66.5% | 75.2% |
| Operating margin | -0.31% | 22% | 2.62% | 7.45% | 6.24% | 0.41% | 6.04% | 17.9% |
| Net margin | 0.1% | 18.9% | -2.28% | 4.19% | 4.15% | 0.49% | 5.43% | 8.72% |
| ROE | 0.29% | 50.9% | -3.89% | 6.88% | 6.01% | 0.72% | 7.83% | 14.8% |
| ROA | 0.18% | 37.2% | -3.07% | 5.36% | 4.78% | 0.53% | 5.91% | 7.75% |
| ROIC | -75.3% | 125.5% | 0% | 12.3% | 10.7% | 0.23% | 14.1% | 27% |
| Return on tangible assets | 0.18% | 37.2% | -3.07% | 5.36% | 4.78% | 0.53% | 5.91% | 10.6% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.7 | 3.7 | 4.7 | 4.99 | 6.73 | 4.25 | 4.94 | 4.96 |
| Quick ratio | 2.02 | 2.17 | 3.32 | 2.5 | 4.65 | 2.96 | 3.53 | 3.65 |
| Debt / equity | — | — | 0 | 0.06 | 0.13 | 0.14 | 0.14 | 0.13 |
| Debt / assets | — | — | 0 | 0.05 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net debt / EBITDA | — | — | -17 | -3.55 | -5.4 | -21.4 | -5.1 | -3.03 |
| Interest coverage | — | — | 42.3 | — | — | — | — | — |
| Effective tax rate | 0% | 14.3% | 100% | 45.3% | 44.5% | 81% | 27.4% | 19.2% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.69 | 1.64 | 2.64 | 3.06 | 3.25 | 3.28 | 3.86 | 4.29 |
| EPS (basic) | 0 | 0.31 | -0.06 | 0.13 | 0.13 | 0.02 | 0.21 | 0.21 |
| EPS (diluted) | 0 | 0.31 | -0.06 | 0.11 | 0.12 | 0.02 | 0.19 | 0.33 |
| Book value per share | 0.24 | 0.61 | 1.54 | 1.86 | 2.24 | 2.23 | 2.68 | 2.67 |
| FCF per share | 0.01 | 0.12 | 0.4 | -0.25 | 0.5 | 0.38 | 0.32 | 0.5 |
| Cash per share | 0.24 | 0.36 | 1.23 | 0.97 | 1.47 | 1.45 | 1.84 | 1.78 |
| Capex per share | 0.03 | 0.01 | 0.02 | 0.03 | 0.1 | 0.1 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 4.31% | 0.86% | 0.65% | 1.06% | 3% | 3.06% | — | — |
| Capex / operating cash flow | 109.6% | 11.8% | 6.48% | -21.4% | 14.1% | 28.6% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $419.6M |
| — |
| FY20 | — | $0.31 | — | — | $263.1M | — |
| FY19 | — | $0 | — | — | $110.5M | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $142.4M | $144.9M | $119.3M | $144.2M | $140.2M | $151.8M | $124.9M | $152.6M | $151.7M | $201.9M | $159.9M | $196.6M |
| YoY change | +10.7% | +0.01% | -0.78% | +4.41% | -1.51% | +4.77% | +4.7% | +5.83% | +8.17% | +33% | +28% | +28.8% |
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 | 38.4M | 58.1M | 195.4M | 159.8M | 246.7M | 245.1M | 300.8M |
| Receivables | 1.4M | 1.7M | 1.7M | 6.3M | 6.5M | 6.6M | 5.4M |
| Inventory | 14.3M | 49.7M | 86.1M | 178M | 119M | 115.8M | 128M |
| Total current assets | 56.4M | 120.3M | 293.3M | 356.5M | 385.7M | 382.8M | 447.3M |
| Property, plant & equipment | 5.7M | 6.5M | 7.6M | 26.3M | 67.9M | 85.8M | 91.1M |
| Goodwill & intangibles | — | — | — | — | — | — | — |
| Total assets | 62.6M | 133.9M | 311.8M | 395.1M | 473.2M | 509.8M | 580M |
| Accounts payable | 10.5M | 12M | 14.6M | 20.9M | 14.7M | 9.4M | 18.2M |
| Short-term debt | — | — | — | 3.4M | 8.2M | 10.6M | 8.2M |
| Total current liabilities | 20.9M | 32.5M | 62.4M | 71.4M | 57.3M | 90.1M | 90.5M |
| Long-term debt | — | — | 0 | 15.8M | 38.9M | 42.4M | 51.8M |
| Total liabilities | 23.8M | 36.2M | 66.2M | 87.3M | 96.4M | 132.7M | 142.5M |
| Shareholders' equity | 38.8M | 97.7M | 245.6M | 307.7M | 376.9M | 377.1M | 437.5M |
| Total debt | — | — | 0 | 19.2M | 47.1M | 53M | 60M |
| Net debt | — | — | -195.4M | -140.6M | -97.1M | -32.6M | -22M |
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 | 232.1M | 246.7M | 259.2M | 268.5M | 281.7M | 245.1M | 251.2M | 238.8M | 241.5M | 300.8M | 277M | 296.3M |
| Receivables | 5.6M | 6.5M | 5M | 11.6M | 8.8M | 6.6M | 5.3M | 7.9M | 11.2M | 5.4M | 4M | 6.8M |
| Inventory | 143.2M | 119M | 130.5M | 119.3M | 123.4M | 115.8M | 131.6M | 135.5M | 151.2M | 128M | 139.4M | 119.6M |
| Total current assets | 395M | 385.7M | 405.6M | 417.2M | 434.3M | 382.8M | 399.7M | 393.6M | 418M | 447.3M | 432.2M | 452.9M |
| Property, plant & equipment | 32.7M | 67.9M | 85.3M | 90.3M | 88.2M | 85.8M | 82.3M | 82.4M | 84.3M | 91.1M | 89.7M | 87.4M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 441.8M | 473.2M | 510.9M | 526M | 542.5M | 509.8M | 522.3M | 517.1M | 544.7M | 580M | 563.4M | 582.7M |
| Accounts payable | 15M | 14.7M | 22.2M | 19.9M | 27.4M | 9.4M | 10.7M | 19M | 5.3M | 18.2M | 7.8M | 9.1M |
| Short-term debt | 4M | 8.2M | 9.2M | 11.7M | 11.8M | 10.6M | 11.6M | 9.5M | 9.4M | 8.2M | 8.3M | 9M |
| Total current liabilities | 70.2M | 57.3M | 71.8M | 76.6M | 94.7M | 90.1M | 101M | 78.4M | 86.7M | 90.5M | 80.2M | 91.4M |
| Long-term debt | 16.2M | 38.9M | 49.1M | 47.5M | 44M | 42.4M | 39.7M | 42.1M | 44.7M | 51.8M | 52.3M | 48.7M |
| Total liabilities | 86.6M | 96.4M | 121.1M | 124.3M | 139M | 132.7M | 140.8M | 120.6M | 131.4M | 142.5M | 132.8M | 140.3M |
| Shareholders' equity | 355.2M | 376.9M | 389.9M | 401.7M | 403.5M | 377.1M | 381.5M | 396.5M | 413.3M | 437.5M | 430.6M | 442.4M |
| Total debt | 20.2M | 47.1M | 58.3M | 59.3M | 55.9M | 53M | 51.3M | 51.7M | 54.1M | 60M | 60.6M | 57.7M |
| Net debt | -162.8M | -97.1M | -97M | -72.5M | -68.2M | -32.6M | -38.7M | 846K | 7.7M | -22M | -13.7M | -50.9M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | 112K | 49.8M | -9.6M | 21.2M | 22.6M | 2.7M | 34.3M |
| Depreciation & amortization | 517K | 946K | 1.4M | 1.9M | 2.9M | 6.7M | 9M |
| Stock-based compensation | 179K | 8.7M | 81.1M | 37.5M | 45.8M | 42.7M | 26.9M |
| Change in working capital | 3.5M | -33.8M | -27.4M | -87.2M | 48.7M | -7.7M | -8.1M |
| Operating cash flow | 4.3M | 19.2M | 41.9M | -25M | 115.6M | 59.5M | 61.2M |
| Capital expenditure | -4.8M | -2.3M | -2.7M | -5.3M | -16.3M | -17M | — |
| Investing cash flow | -4.8M | -2.3M | -2.7M | -5.8M | -117.2M | -94.9M | -55.8M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | -45.5M | -2.7M |
| Financing cash flow | 14M | -98K | 74.7M | 958K | -246K | -45M | -2.7M |
| Net change in cash | 13.6M | 16.8M | 113.8M | -29.8M | -1.8M | -80.3M | 2.7M |
| Free cash flow | 1.8M | 19.5M | 63.7M | -40.7M | 84.6M | 64.1M | 53M |
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 | 6.1M | 10M | 1.4M | 1.1M | -1.7M | 1.9M | -102K | 7.1M | 8.7M | 18.5M | 6.3M | 28.4M |
| Depreciation & amortization | 756K | 814K | 850K | 1.1M | 2.9M | 1.8M | 2M | 2.2M | 2.3M | 2.6M | 3.4M | 2.4M |
| Stock-based compensation | 12M | 11.5M | 11.6M | 10.5M | 10.5M | 10.1M | 7.2M | 7.6M | 6.8M | 5.2M | 5.5M | 6.7M |
| Change in working capital | 31.1M | 19M | -7.8M | 5.1M | 3M | -8M | -17.1M | -284K | -28.2M | 37.5M | -24.9M | 1.6M |
| Operating cash flow | 49.9M | 36.6M | 8.1M | 21.8M | 15.4M | 14.3M | -4.7M | -12.4M | 3.4M | 60.9M | -3.2M | 46.9M |
| Capital expenditure | -8.1M | -6.6M | -496K | -9M | -4.2M | -3.4M | -1.3M | — | — | — | — | — |
| Investing cash flow | -18M | -59.2M | -474K | -40.3M | -23M | -31.1M | -2.2M | -25.6M | -6.1M | -23.2M | 16.2M | 14.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | -7.3M | -38.2M | -2.7M | 0 | 0 | 0 | -8.8M | -24M |
| Financing cash flow | 0 | 0 | — | — | -7.3M | -38.2M | -2.7M | 0 | 0 | 0 | -8.8M | -24M |
| Net change in cash | 31.9M | -22.6M | 7.6M | -18.5M | -14.9M | -55M | -9.5M | -38.1M | -2.6M | 37.7M | 4.2M | 37.7M |
| Free cash flow | 46M | 13.7M | 11.1M | 7.5M | 18.4M | 27.1M | 7.9M | -13.5M | 531K | 58.1M | -5.6M | 44.3M |