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 | $0.2 | $0.18 | -10.0% | — | $82.5M | — |
| Q1 26 | $0.12 | $0.15 | +25.0% | — | $73.7M | — |
| Q4 25 | $0.27 | $0.46 | +70.4% | — | $87.1M | — |
| Q3 25 | $0.08 | $0.15 | +87.5% | — | $70M | — |
| Q2 25 | $0.03 | $0.07 | +133.3% | — | $68.5M | — |
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 | — | -$0.13 | — | — | $290.1M | — |
| FY24 | — | -$0.12 | — | — | $225.6M | — |
| FY23 | — | -$0.86 | — | — | $176.3M | — |
| FY22 | — | $0.01 | — | — | $0 | — |
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 | $0 | $176.3M | $225.6M | $290.1M |
| YoY change | — | +InfinityT% | +27.9% | +28.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 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 | 0 | 176.3M | 225.6M | 290.1M |
| Cost of revenue | — | 52.9M | 64.1M | 66.2M |
| Gross profit | — | 123.4M | 161.5M | 223.9M |
| Gross margin | — | 70% | 71.6% | 77.2% |
| Research & development | — | 27.9M | 32.7M | 49.2M |
| Selling, general & administrative | 1.9M | 128.3M | 127.9M | 148M |
| Operating expenses | 3.8M | 156.1M | 160.5M | 197.3M |
| Operating income | -1.9M | -46.1M | -1.6M | 24M |
| Operating margin | — | -26.2% | -0.73% | 8.29% |
| Non-operating income, net | 2.5M | 3.5M | -18.5M | -43.5M |
| Pretax income | 613.8K | -52.7M | -27.1M | -16M |
| Income tax | 455.4K | 577K | 5.8M | -9.6M |
| Net income | 158.4K | -53.3M | -32.9M | -6.4M |
| Net margin | — | -30.2% | -14.6% | -2.22% |
| EBITDA | -1.9M | -25.3M | -11.8M | 33.9M |
| EPS | 0.01 | -0.86 | -0.12 | -0.13 |
| Diluted EPS | 0.01 | -0.86 | -0.12 | -0.13 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 0 | 0 | 43.8M | 57.1M | 69.8M | 64.5M | 68.5M | 70M | 87.1M | 73.7M | 82.5M |
| Cost of revenue | — | — | — | 15M | 16.2M | 16.2M | 19.8M | 15.9M | 14.8M | 15.6M | 13.7M | 16.2M |
| Gross profit | — | — | — | 28.8M | 40.9M | 53.6M | 44.7M | 52.6M | 55.2M | 71.5M | 60M | 66.3M |
| Gross margin | — | — | — | 65.7% | 71.7% | 76.8% | 69.3% | 76.8% | 78.9% | 82.1% | 81.5% | 80.3% |
| Research & development | — | — | — | 7.8M | 8.2M | 8.9M | 9.6M | 10.7M | 13.7M | 15.2M | 14.6M | 16.4M |
| Selling, general & administrative | — | 3.2M | 2M | 29.9M | 31.8M | 34.2M | 42.1M | 37.5M | 33.3M | 35.1M | 35.2M | 42.2M |
| Operating expenses | — | 3.3M | 2.2M | 37.8M | 39.9M | 43.1M | 51.7M | 48.2M | 47M | 50.3M | 49.8M | 58.5M |
| Operating income | — | -3.2M | -2M | -9.6M | 374K | 9.9M | -7.7M | 3.7M | 7.5M | 20.5M | 9.6M | 7.1M |
| Operating margin | — | — | — | -21.9% | 0.65% | 14.1% | -12% | 5.43% | 10.8% | 23.6% | 13% | 8.62% |
| Non-operating income, net | — | 2.1M | 1.8M | -3.1M | -3.1M | -7.2M | -16.5M | -28.7M | -1.1M | 2.8M | 162K | -4K |
| Pretax income | — | -1.1M | -425.3K | -15.7M | -3.8M | 1.6M | -25.4M | -24.2M | 8.4M | 25.3M | 11.6M | 9.2M |
| Income tax | — | 457K | 395.7K | 11K | 58K | 5.6M | -4.3M | 2M | 1.9M | -9.2M | 2.9M | 2.4M |
| Net income | — | -1.6M | -820.9K | -15.7M | -3.9M | -4M | -21.1M | -26.2M | 6.4M | 34.5M | 8.8M | 6.7M |
| Net margin | — | — | — | -35.8% | -6.8% | -5.76% | -32.7% | -38.3% | 9.19% | 39.6% | 11.9% | 8.14% |
| EBITDA | — | -3.3M | -2.2M | -10.9M | -744K | 5.3M | -22.1M | 6.4M | 10M | 23.1M | 12.3M | 11M |
| EPS | -0.31 | -0.37 | — | -0.25 | -0.06 | — | -0.05 | -0.65 | 0.09 | 0.47 | 0.12 | 0.09 |
| Diluted EPS | -0.31 | -0.37 | — | -0.25 | -0.06 | — | -0.05 | -0.65 | 0.08 | 0.43 | 0.11 | 0.09 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | 220.6M | — | — | — | 762.2M |
| Enterprise value | — | 220.3M | — | — | — | 525M |
| Shares outstanding | — | 21.6M | 62M | 61.2M | 50.9M | 50.9M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | 1.4K | — | — | — | 6.18 |
| P/S | — | — | — | — | — | 2.43 |
| P/B | — | 1.29 | — | — | — | 2.26 |
| EV/EBITDA | — | -114.6 | — | — | — | 10.7 |
| EV/Sales | — | — | — | — | — | 1.68 |
| Earnings yield | — | 0.07% | — | — | — | 16.2% |
| FCF yield | — | -0.65% | — | — | — | 5.54% |
| PEG | — | — | — | — | — | -0.05 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | — | — | 70% | 71.6% | 77.2% | 80.3% |
| Operating margin | — | — | -26.2% | -0.73% | 8.29% | 10.4% |
| Net margin | — | — | -30.2% | -14.6% | -2.22% | 18% |
| ROE | — | 0.09% | 50.3% | 30.6% | -2.1% | 19.7% |
| ROA | — | 0.09% | -27.4% | -13.8% | -1.7% | 7.81% |
| ROIC | — | -0.29% | 41.3% | 1.18% | 25.2% | 46.1% |
| Return on tangible assets | — | 0.09% | -137.6% | -41.4% | -3.01% | 23.9% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | — | 0.42 | 0.98 | 1.02 | 4.18 | 4.86 |
| Quick ratio | — | 0.42 | 0.98 | 1.02 | 4.18 | 4.86 |
| Debt / equity | — | — | -0.47 | -0.47 | — | 0 |
| Debt / assets | — | — | 0.25 | 0.21 | — | — |
| Net debt / EBITDA | — | — | 0.22 | 2.73 | — | -4.2 |
| Interest coverage | — | — | -4.23 | -2.91 | — | — |
| Effective tax rate | — | 74.2% | 0% | 0% | 0% | 0% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | — | 0 | 2.84 | 3.68 | 5.7 | 4.23 |
| EPS (basic) | — | 0.01 | -0.86 | -0.12 | -0.13 | -0.13 |
| EPS (diluted) | — | 0.01 | -0.86 | -0.12 | -0.13 | 1.65 |
| Book value per share | — | 7.95 | -1.71 | -1.76 | 6.01 | 4.5 |
| FCF per share | — | -0.07 | 0.19 | 0.53 | 0.86 | 0.76 |
| Cash per share | — | 0.01 | 0.89 | 1.35 | 4.13 | 3.17 |
| Capex per share | — | — | 0 | 0 | 0.25 | 0.17 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 0% | 0% | 4.31% | 4.25% |
| Capex / operating cash flow | — | — | 0.03% | 0% | 22.1% | 18.3% |
| Payout ratio | — | — | — | — | — | 0% |
| Revenue | — | $0 | $0 | $43.8M | $57.1M | $69.8M | $64.5M | $68.5M | $70M | $87.1M | $73.7M | $82.5M |
| YoY change | — | 0% | 0% | +InfinityT% | +InfinityT% | +InfinityT% | +47.3% | — | +22.6% | +24.8% | +14.2% | +20.6% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 1.5M | 236.2K | 55M | 82.6M | 210.2M |
| Receivables | — | — | 50.2M | 66.9M | 61.8M |
| Inventory | — | — | — | — | — |
| Total current assets | 1.8M | 543.9K | 114.6M | 158.4M | 286.5M |
| Property, plant & equipment | — | — | — | 100K | — |
| Goodwill & intangibles | — | — | 156.1M | 159.4M | 164.9M |
| Total assets | 178M | 178.7M | 194.8M | 238.7M | 378.3M |
| Accounts payable | 132.6K | 26.8K | 49.9M | 63.6M | 59.5M |
| Short-term debt | 18.3K | — | 49.3M | 50.2M | — |
| Total current liabilities | 795.9K | 1.3M | 116.8M | 155.2M | 68.5M |
| Long-term debt | — | — | — | — | — |
| Total liabilities | 6.8M | 7.3M | 300.7M | 346.3M | 72.6M |
| Shareholders' equity | 171.2M | 171.3M | -105.9M | -107.6M | 305.7M |
| Total debt | 18.3K | — | 49.3M | 50.2M | — |
| Net debt | -1.4M | — | -5.6M | -32.3M | — |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 82.1K | 322.4K | 104K | 27K | 58.4M | 82.6M | 82.3M | 175.2M | 179.2M | 210.2M | 213.9M | 237.3M |
| Receivables | — | — | — | — | 61.6M | 66.9M | 65.8M | 61.7M | 57.7M | 61.8M | 56.3M | 60M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 212.4K | 373.2K | 104K | 27K | 129.7M | 158.4M | 166.6M | 255.8M | 254.2M | 286.5M | 283.4M | 311.6M |
| Property, plant & equipment | — | — | — | — | 113K | 100K | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | 159.1M | 159.4M | 161.3M | 162.4M | 163.4M | 164.9M | 166.7M | 166.4M |
| Total assets | 185.3M | 146.1M | 148.7M | 83.6M | 211M | 238.7M | 247.8M | 337M | 335.9M | 378.3M | 375.1M | 402.7M |
| Accounts payable | 2.3M | 2.9M | 3.4M | 4M | 58.5M | 63.6M | 66M | 69.7M | 54.7M | 59.5M | 44.3M | 53.8M |
| Short-term debt | 1.3M | 1.9M | 2.8M | 3.8M | 48.6M | 50.2M | 51.3M | — | — | — | — | — |
| Total current liabilities | 12.1M | 16M | 19.4M | 23.4M | 134.7M | 155.2M | 170.7M | 78.1M | 62.9M | 68.5M | 52.1M | 64.1M |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 12.1M | 16M | 19.4M | 23.4M | 322.3M | 346.3M | 361.7M | 98.1M | 69.1M | 72.6M | 56.5M | 68.4M |
| Shareholders' equity | 173.2M | 130.1M | 129.3M | 60.3M | -111.3M | -107.6M | -113.9M | 238.9M | 266.7M | 305.7M | 318.6M | 334.3M |
| Total debt | 1.3M | 1.9M | 2.8M | 3.8M | 48.6M | 50.2M | 51.3M | — | — | — | — | — |
| Net debt | 1.2M | 1.5M | 2.6M | 3.8M | -9.8M | -32.3M | -30.9M | — | — | — | — | — |
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 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income | 158.4K | -53.3M | -32.9M | -6.4M |
| Depreciation & amortization | — | 17.3M | 8.3M | 9.9M |
| Stock-based compensation | — | 34.8M | 31.2M | 31.7M |
| Change in working capital | -64.6K | 9.4M | 6M | -9.5M |
| Operating cash flow | 93.8K | 14.5M | 21.1M | 56.5M |
| Capital expenditure | — | -4K | 0 | -12.5M |
| Investing cash flow | 751.7K | -46.7M | 0 | -17.1M |
| Dividends paid | — | — | — | — |
| Share repurchases | 0 | 0 | -333K | -10M |
| Financing cash flow | -166.2K | 5.5M | -12.8M | 61.6M |
| Net change in cash | 679.4K | -26.8M | 8.3M | 100.9M |
| Free cash flow | -1.4M | 12M | 32.6M | 44M |
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 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -6.8M | -1.6M | -820.9K | -15.7M | -3.9M | -4M | -21.1M | -26.2M | 6.4M | 34.5M | 8.8M | 6.7M |
| Depreciation & amortization | — | — | — | 1.9M | 2M | 2.6M | 2.1M | 2.7M | 2.5M | 2.6M | 2.7M | 3.9M |
| Stock-based compensation | — | — | — | 7.8M | 7.7M | 7.8M | 14.1M | 7.6M | 5.6M | 4.5M | 3.9M | 8.8M |
| Change in working capital | 1.3M | 587.9K | 553K | -5.9M | 489K | 9.2M | -3.2M | 614K | -8.3M | 1.3M | -11.1M | 6.5M |
| Operating cash flow | -5.5M | -868K | -128.8K | -8.9M | 8M | 17.2M | -7M | 15.6M | 9.3M | 29.6M | 7.1M | 26.9M |
| Capital expenditure | — | — | — | — | — | — | — | -3.2M | -3M | -3.3M | -3.4M | -3.6M |
| Investing cash flow | -1.3M | 41.6M | -840K | — | — | 0 | — | -3.2M | -3M | 1.7M | -3.4M | -3.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | -41.1M | 0 | — | -183K | -150K | — | — | 0 | 0 | — | — |
| Financing cash flow | 1.3M | -41.1M | 857.5K | -4M | -183K | -150K | 0 | -48M | -3.3M | -338K | -5K | 0 |
| Net change in cash | -5.5M | -352.7K | -111.3K | -12.9M | 7.8M | 17.1M | -7M | -35.6M | 3.1M | 30.9M | 3.7M | 23.4M |
| Free cash flow | -1.7M | -895K | -235.9K | -10M | 10.1M | 24.3M | -1M | 12.4M | 6.3M | 26.3M | 3.7M | 23.4M |