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 | $0.34 | $0.35 | +2.9% | — | $850.3M | — |
| Q1 26 | $0.27 | $0.37 | +37.0% | — | $831.9M | — |
| Q3 25 | $0.27 | $0.43 | +59.3% | — | $794.4M | — |
| Q2 25 | $0.21 | -$0.09 | -142.9% | — | — | — |
| Q1 25 | $0.22 | $0.21 | -4.5% | — | — | — |
| Q4 24 | $0.18 | $0.33 | +83.3% | — | — | — |
| Q3 24 | $0.2 | $0.16 | -20.0% | — | — | — |
| Q2 24 | $0.17 | $0.14 | -17.6% | — | — | — |
| Q1 24 | $0.15 | $0.33 | +120.0% | — | — | — |
| Q4 23 | $0.13 | -$0.05 | -138.5% | — | $447.1M | — |
| Q3 23 | $0.15 | $0.22 | +46.7% | — | — | — |
| Q2 23 | $0.12 | $0.04 | -66.7% | — | $444.3M | — |
| Q1 23 | $0.09 | $0.15 | +66.7% | — | $420.2M | — |
| Q4 22 | $0.06 | $0.02 | -66.7% | — | $366.7M | — |
| Q3 22 | $0.11 | $0.07 | -36.4% | — | $328M | — |
| Q2 22 | $0.04 | $0.14 | +250.0% | — | $291.7M | — |
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 | — | $0.62 | — | — | $3B | — |
| FY24 | — | $0.75 | — | — | $2.3B | — |
| FY23 | — | $0.25 | — | — | $1.8B | — |
| FY22 | — | $0.18 | — | — | $1.2B | — |
| FY21 | — | -$0.59 |
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 | $267.1M | $425.3M | $724.6M | $1.2B | $1.8B | $2.3B | $3B |
| YoY change | — | +59.2% | +70.4% | +68.7% | +46.6% | +29.4% | +30% |
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 | 267.1M | 425.3M | 724.6M | 1.2B | 1.8B | 2.3B | 3B |
| Cost of revenue | 124M | 194.2M | 294.3M | 537.2M | 724.8M | 912.6M | 1.1B |
| Gross profit | 143.1M | 231.1M | 430.3M | 684.9M | 1.1B | 1.4B | 1.9B |
| Gross margin | 53.6% | 54.3% | 59.4% | 56% | 59.6% | 60.6% | 62.8% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 137.4M | 248.2M | 571.4M | 599.8M | 887M | 1.2B | 1.5B |
| Operating expenses | 137.4M | 248.2M | 571.4M | 599.8M | 887M | 1.2B | 1.5B |
| Operating income | 5.7M | -17.1M | -141.1M | 85.1M | 180.2M | 211.5M | 377M |
| Operating margin | 2.13% | -4.02% | -19.5% | 6.96% | 10.1% | 9.12% | 12.5% |
| Non-operating income, net | -1.9M | -6.4M | -14.9M | -6.5M | -111.4M | 67.7M | -173.2M |
| Pretax income | 3.1M | -24.4M | -159.6M | 77.9M | 69.1M | 279.6M | 205.2M |
| Income tax | 4.6M | 3.1M | 10.6M | 20.2M | -10.5M | 37.4M | 1.5M |
| Net income | -1.5M | -27.5M | -170.2M | 57.7M | 79.6M | 242.2M | 203.7M |
| Net margin | -0.55% | -6.47% | -23.5% | 4.72% | 4.44% | 10.4% | 6.76% |
| EBITDA | 10.5M | -5.6M | -110.9M | 135.1M | 252.4M | 332.3M | 527.7M |
| EPS | -0.01 | -0.1 | -0.59 | 0.18 | 0.25 | 0.75 | 0.62 |
| Diluted EPS | -0.01 | -0.1 | -0.59 | 0.18 | 0.25 | 0.74 | 0.61 |
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 | — | 447.1M | — | — | — | — | — | — | 794.4M | 743.8M | 831.9M | 850.3M |
| Cost of revenue | — | 176.9M | — | — | — | — | — | — | 272.1M | 268.4M | 297.6M | 294.6M |
| Gross profit | — | 270.1M | — | — | — | — | — | — | 522.2M | 475.3M | 534.3M | 555.7M |
| Gross margin | — | 60.4% | — | — | — | — | — | — | 65.7% | 63.9% | 64.2% | 65.4% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | — | 229.4M | — | — | — | — | — | — | 397.5M | 392.8M | 416.9M | 436.3M |
| Operating expenses | — | 229.4M | — | — | — | — | — | — | 397.5M | 392.8M | 416.9M | 436.3M |
| Operating income | — | 40.7M | — | — | — | — | — | — | 124.7M | 82.5M | 117.4M | 119.4M |
| Operating margin | — | 9.1% | — | — | — | — | — | — | 15.7% | 11.1% | 14.1% | 14% |
| Non-operating income, net | — | -85.5M | — | — | — | — | — | — | -6.1M | -12.7M | -300K | 3.3M |
| Pretax income | — | -45M | — | — | — | — | — | — | 118.6M | 70M | 116.1M | 125.7M |
| Income tax | — | -18.2M | — | — | — | — | — | — | -300K | 900K | 12.8M | 20.7M |
| Net income | — | -26.8M | — | — | — | — | — | — | 118.9M | 69.1M | 103.3M | 105M |
| Net margin | — | -5.99% | — | — | — | — | — | — | 15% | 9.29% | 12.4% | 12.3% |
| EBITDA | — | 61.1M | — | — | — | — | — | — | 165M | 117.3M | 160M | 165.5M |
| EPS | 0.18 | — | 0.28 | 0.1 | 0.09 | 0.28 | 0.17 | -0.12 | 0.36 | 0.21 | 0.31 | 0.31 |
| Diluted EPS | 0.18 | — | 0.28 | 0.09 | 0.09 | 0.27 | 0.17 | -0.12 | 0.36 | 0.21 | 0.31 | 0.31 |
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 | — | — | — | — | — | — | — | 10B |
| Enterprise value | — | — | — | — | — | — | — | 11.3B |
| Shares outstanding | 241.1M | 241.1M | 260M | 565.6M | 564.1M | 633.9M | 635.1M | 635.1M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 21 |
| P/S | — | — | — | — | — | — | — | 3.11 |
| P/B | — | — | — | — | — | — | — | 4.35 |
| EV/EBITDA | — | — | — | — | — | — | — | 19.1 |
| EV/Sales | — | — | — | — | — | — | — | 2.9 |
| Earnings yield | — | — | — | — | — | — | — | 4.77% |
| FCF yield | — | — | — | — | — | — | — | 3.47% |
| PEG | — | — | — | — | — | — | — | -0.06 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 53.6% | 54.3% | 59.4% | 56% | 59.6% | 60.6% | 62.8% | 65.4% |
| Operating margin | 2.13% | -4.02% | -19.5% | 6.96% | 10.1% | 9.12% | 12.5% | 14% |
| Net margin | -0.55% | -6.47% | -23.5% | 4.72% | 4.44% | 10.4% | 6.76% | 12.3% |
| ROE | -2.29% | -11.2% | -20.1% | 5.95% | 7.41% | 17.4% | 12.5% | 24% |
| ROA | -1.03% | -7.19% | -13.8% | 4.17% | 5% | 10.2% | 7.18% | 9.58% |
| ROIC | 0% | -10.6% | -40.8% | 8.68% | 23.3% | 24.1% | 34.8% | 33.7% |
| Return on tangible assets | -1.12% | -10.1% | -15.2% | 4.65% | 5.44% | 10.7% | 7.47% | 12.7% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.84 | 3.27 | 4.71 | 4.33 | 3.77 | 2.66 | 2.71 | 2.83 |
| Quick ratio | 1.16 | 2.08 | 4.05 | 2.7 | 2.6 | 2.03 | 2.13 | 2.25 |
| Debt / equity | 0.31 | 0.1 | 0.21 | 0.17 | 0.21 | 0.25 | 0.32 | 0.29 |
| Debt / assets | 0.14 | 0.06 | 0.15 | 0.12 | 0.14 | 0.15 | 0.18 | 0.17 |
| Net debt / EBITDA | 0.22 | 15 | 4.53 | -1.8 | -1.19 | -1.9 | -1.05 | -1.15 |
| Interest coverage | 27.4 | -80.3 | -65.5 | 19.1 | 10.9 | 18.7 | 10.4 | 19.9 |
| Effective tax rate | 100% | 0% | 0% | 25.9% | 0% | 13.4% | 0.73% | 7.92% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.11 | 1.76 | 2.79 | 2.16 | 3.18 | 3.66 | 4.75 | 9.71 |
| EPS (basic) | -0.01 | -0.1 | -0.59 | 0.18 | 0.25 | 0.75 | 0.62 | 0.62 |
| EPS (diluted) | -0.01 | -0.1 | -0.59 | 0.18 | 0.25 | 0.74 | 0.61 | 1.43 |
| Book value per share | 0.27 | 1.02 | 3.26 | 1.71 | 1.9 | 2.2 | 2.57 | 6.89 |
| FCF per share | -0.06 | -0.14 | -0.07 | -0.55 | 0.33 | 0.7 | 0.44 | 0.67 |
| Cash per share | 0.07 | 0.45 | 2.63 | 0.71 | 0.94 | 1.55 | 1.7 | 3.71 |
| Capex per share | 0.03 | 0.05 | 0.09 | 0.11 | 0.08 | 0.1 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.78% | 2.59% | 3.39% | 4.93% | 2.39% | 2.61% | — | — |
| Capex / operating cash flow | -134.4% | -58.2% | 4.1K% | -31.5% | 28.7% | 10.5% | — | — |
| Payout ratio | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| — |
| — |
| $724.6M |
| — |
| FY20 | — | -$0.1 | — | — | $425.3M | — |
| FY19 | — | -$0.01 | — | — | $267.1M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | — | $447.1M | — | — | — | — | — | — | $794.4M | $743.8M | $831.9M | $850.3M |
| YoY change | — | +21.9% | — | — | — | — | — | — | — | — | — | — |
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 | 17.9M | 107.8M | 683.1M | 404.2M | 528.8M | 980.6M | 1.1B |
| Receivables | 41.4M | 51.6M | 99.3M | 174.6M | 204.8M | 246.1M | 305.4M |
| Inventory | 44.5M | 102.9M | 134.2M | 395.6M | 356.5M | 419.2M | 419.8M |
| Total current assets | 120.2M | 282.3M | 964.6M | 1.1B | 1.2B | 1.8B | 2B |
| Property, plant & equipment | 11.5M | 31.1M | 109.3M | 118M | 190.6M | 311.7M | 497.9M |
| Goodwill & intangibles | 11.8M | 109.3M | 115M | 140.6M | 129.2M | 116.6M | 108.4M |
| Total assets | 143.6M | 382.6M | 1.2B | 1.4B | 1.6B | 2.4B | 2.8B |
| Accounts payable | 16.4M | 41.5M | 45.9M | 111M | 65.1M | 166.5M | 154.8M |
| Short-term debt | 16.9M | 4.6M | 13.6M | 21.6M | 38.7M | 59.1M | 81.2M |
| Total current liabilities | 65.3M | 86.4M | 205M | 242.7M | 305.6M | 660.4M | 724.4M |
| Long-term debt | 3.3M | 19.2M | 167.2M | 138.8M | 190.3M | 288.5M | 440.3M |
| Total liabilities | 79.2M | 137.5M | 388M | 412.8M | 518.5M | 984.9M | 1.2B |
| Shareholders' equity | 64.4M | 245.1M | 848.5M | 969.6M | 1.1B | 1.4B | 1.6B |
| Total debt | 20.2M | 23.7M | 180.8M | 160.4M | 229M | 347.6M | 521.5M |
| Net debt | 8.3M | -66.9M | -472.3M | -210.6M | -265.6M | -576.7M | -497.5M |
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 | 483.9M | 528.8M | 616.1M | 690.6M | 980.5M | 980.6M | 913.7M | 898.5M | 1B | 1.1B | 1.1B | 1.3B |
| Receivables | 256.9M | 204.8M | 290.1M | 314M | 399.7M | 246.1M | 362.7M | 333.8M | 340.9M | 305.4M | 402.6M | 374M |
| Inventory | 424.5M | 356.5M | 365.3M | 401.3M | 435.1M | 419.2M | 399.3M | 360.4M | 380.6M | 419.8M | 406M | 472.9M |
| Total current assets | 1.2B | 1.2B | 1.4B | 1.5B | 1.9B | 1.8B | 1.8B | 1.7B | 1.9B | 2B | 2.1B | 2.3B |
| Property, plant & equipment | 319.7M | 190.6M | 408.7M | 298.3M | 537.3M | 311.7M | 441.1M | 462.5M | 615.1M | 497.9M | 672.2M | 558.2M |
| Goodwill & intangibles | 65.6M | 129.2M | 63.1M | 123.4M | 75.2M | 116.6M | 56.4M | 110.6M | 54.6M | 108.4M | 54.1M | 111.6M |
| Total assets | 1.7B | 1.6B | 1.9B | 2B | 2.6B | 2.4B | 2.4B | 2.5B | 2.8B | 2.8B | 3B | 3.2B |
| Accounts payable | 99.8M | 65.1M | 92.5M | 148.2M | 161.2M | 166.5M | 162M | 160.7M | 155.6M | 154.8M | 157.8M | 211M |
| Short-term debt | — | 38.7M | — | 55.1M | — | 59.1M | 57.3M | 70.9M | 76.1M | 81.2M | 84.8M | 87.9M |
| Total current liabilities | 372.6M | 305.6M | 409.1M | 504.1M | 667.2M | 660.4M | 643.4M | 685.9M | 748.6M | 724.4M | 688.6M | 810M |
| Long-term debt | — | 190.3M | — | 288.1M | — | 288.5M | 280.7M | 426.9M | 427.8M | 440.3M | 457.1M | 474.6M |
| Total liabilities | 611.8M | 518.5M | 704.1M | 814.8M | 1B | 984.9M | 961.4M | 1.1B | 1.2B | 1.2B | 1.2B | 1.3B |
| Shareholders' equity | 1.1B | 1.1B | 1.2B | 1.2B | 1.6B | 1.4B | 1.5B | 1.4B | 1.5B | 1.6B | 1.8B | 1.9B |
| Total debt | — | 229M | — | 343.2M | — | 347.6M | 338M | 497.8M | 503.9M | 521.5M | 541.9M | 562.5M |
| Net debt | — | -265.6M | — | -309.2M | — | -576.7M | -533.8M | -348.8M | -457.9M | -497.5M | -478.5M | -642.2M |
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 | -1.5M | -27.5M | -170.2M | 57.7M | 79.6M | 242.3M | 203.7M |
| Depreciation & amortization | 5.3M | 12.1M | 31.4M | 46.4M | 64.9M | 104.6M | 127.4M |
| Stock-based compensation | 18.8M | 48.6M | 192.4M | 38.3M | 27.3M | 57.5M | 66.6M |
| Change in working capital | -33.4M | -55.7M | -66.4M | -353.4M | -7.8M | 141.8M | -170.5M |
| Operating cash flow | -5.5M | -18.9M | 600K | -191.6M | 148.9M | 576.3M | 359.5M |
| Capital expenditure | -7.4M | -11M | -24.6M | -60.3M | -42.8M | -60.5M | — |
| Investing cash flow | -7.8M | -11M | -24.8M | -60.2M | -42.7M | -60.4M | — |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | -199K | 125.4M | 598.2M | -15.4M | -25.4M | -51M | -65.6M |
| Net change in cash | -13.5M | 95.5M | 574M | -267.2M | 80.8M | 464.9M | 293.9M |
| Free cash flow | -14.4M | -33.3M | -19.3M | -310M | 184.9M | 445.6M | 280.9M |
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 | 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 | 58.6M | -26.7M | 91.4M | 30.8M | 38M | 89.6M | 56.7M | -40.9M | 118.8M | 69.1M | 103.3M | 105M |
| Depreciation & amortization | 16.5M | 20.4M | 22.1M | 26.4M | 34.2M | 28.7M | 28.3M | 32.4M | 32.2M | 34.5M | 35.6M | 36.5M |
| Stock-based compensation | 6.3M | 12.5M | 9.8M | 13.1M | 24.3M | 15.1M | 11.6M | 13.6M | 24.5M | 16.9M | 16.2M | 14.7M |
| Change in working capital | 45.1M | 54.5M | 9.1M | 16.1M | 63M | 66.1M | -123.8M | -9.6M | -8.5M | -24M | -115.8M | 58.4M |
| Operating cash flow | 137.8M | 41M | 154.7M | 96.7M | 156.6M | 199.3M | -23.3M | 101.2M | 157.3M | 113.1M | 29.1M | 225.9M |
| Capital expenditure | -7.5M | -16.3M | -8M | -15.7M | -22.2M | -19M | -11.3M | — | — | — | — | — |
| Investing cash flow | -7.5M | -16.3M | -8M | -15.7M | -22.2M | -19M | -11.3M | — | — | — | — | — |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -6M | -9.3M | -11.7M | -12M | -17.1M | -13.9M | -14.1M | -20.7M | -16.6M | -14.6M | -15.7M | -20.1M |
| Net change in cash | 124.3M | 15.4M | 135M | 69M | 117.3M | 166.4M | -48.7M | 80.5M | 140.7M | 98.5M | 13.4M | 205.8M |
| Free cash flow | 99.3M | 103.3M | 71.9M | 85.6M | 173.5M | 149M | -24.2M | 83.8M | 136.8M | 84.5M | 10.4M | 197.4M |