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 27 | $0.15 | $0.15 | 0.0% | — | $410.3M | — |
| Q1 27 | $0.16 | $0.15 | -6.3% | — | $418.4M | — |
| Q4 26 | $0.25 | $0.3 | +20.0% | — | $481.1M | — |
| Q3 26 | $0.15 | $0.16 | +6.7% | — | $411.1M | — |
| Q2 26 | $0.08 | $0.15 | +87.5% | — | $361.7M | — |
| Q1 26 | $0.1 | $0.11 | +10.0% | — | $356.6M | — |
| Q4 25 | $0.19 | $0.26 | +36.8% | — | $423.6M | — |
| Q3 25 | $0.07 | $0.11 | +57.1% | — | $354.7M | — |
| Q2 25 | $0.03 | $0.04 | +33.3% | — | $316.3M | — |
| Q1 25 | $0.12 | $0.13 | +8.3% | — | $335.1M | — |
| Q4 24 | $0.16 | $0.22 | +37.5% | — | $405.3M | — |
| Q3 24 | $0.07 | $0.12 | +71.4% | — | $325.9M | — |
| Q2 24 | $0.03 | $0.09 | +200.0% | — | $287.3M | — |
| Q1 24 | $0.02 | $0.11 | +450.0% | — | $289.6M | — |
| Q4 23 | $0.06 | $0.15 | +150.0% | — | $308.5M | — |
| Q3 23 | -$0.03 | $0.05 | +266.7% | — | $262.7M | — |
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 % |
|---|---|---|---|---|---|---|
| FY26 | — | $0.52 | — | — | $1.6B | — |
| FY25 | — | -$0.13 | — | — | $1.4B | — |
| FY24 | — | -$0.16 | — | — | $1.3B | — |
| FY23 | — | -$0.6 | — | — | $1.1B | — |
| FY22 | — | -$1.16 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | $336.2M | $607.6M | $892.3M | $1.1B | $1.3B | $1.4B | $1.6B |
| YoY change | — | +80.8% | +46.8% | +18.6% | +23.6% | +9.3% | +12.7% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 24 | Q4 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 336.2M | 607.6M | 892.3M | 1.1B | 1.3B | 1.4B | 1.6B |
| Cost of revenue | 59.4M | 65.9M | 168.9M | 180.1M | 195.9M | 246.9M | 271M |
| Gross profit | 276.8M | 541.8M | 723.4M | 878.5M | 1.1B | 1.2B | 1.3B |
| Gross margin | 82.3% | 89.2% | 81.1% | 83% | 85% | 82.7% | 83.2% |
| Research & development | 131.1M | 109.9M | 276.7M | 285.8M | 332.1M | 380.7M | 385.2M |
| Selling, general & administrative | 663M | 542.2M | 947.7M | 941.1M | 944.8M | 964.6M | 897.6M |
| Operating expenses | 794M | 652.1M | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B |
| Operating income | -517.3M | -110.3M | -500.9M | -348.3M | -164.7M | -162.6M | 56.8M |
| Operating margin | -153.9% | -18.2% | -56.1% | -32.9% | -12.6% | -11.4% | 3.52% |
| Non-operating income, net | -6.6M | 14.5M | -13.5M | 2.8M | 31.8M | 35M | -4.2M |
| Pretax income | -517.1M | -94.7M | -510.9M | -317.6M | -75.8M | -78.1M | 100.6M |
| Income tax | 2.8M | -2.3M | 14.7M | 10.8M | 14.1M | -4.4M | -181.7M |
| Net income | -519.9M | -92.4M | -525.6M | -328.4M | -89.9M | -73.7M | 282.3M |
| Net margin | -154.7% | -15.2% | -58.9% | -31% | -6.87% | -5.15% | 17.5% |
| EBITDA | -501.6M | -90.7M | -486.2M | -329.6M | -142.1M | -145.3M | 73.7M |
| EPS | -1.06 | -0.18 | -1.16 | -0.6 | -0.16 | -0.13 | 0.52 |
| Diluted EPS | -1.06 | -0.18 | -1.16 | -0.6 | -0.16 | -0.13 | 0.52 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 325.9M | 405.3M | 335.1M | 316.3M | 354.7M | 423.6M | 356.6M | 361.7M | 411.1M | 481.1M | 418.4M | 410.3M |
| Cost of revenue | 49.9M | 53.4M | 55.3M | 63.3M | 63.8M | 64.5M | 63.9M | 64.4M | 68.8M | 73.9M | 76.9M | 80.6M |
| Gross profit | 276M | 351.9M | 279.8M | 252.9M | 290.9M | 359.1M | 292.8M | 297.3M | 342.3M | 407.2M | 341.5M | 329.7M |
| Gross margin | 84.7% | 86.8% | 83.5% | 80% | 82% | 84.8% | 82.1% | 82.2% | 83.3% | 84.6% | 81.6% | 80.4% |
| Research & development | 84.5M | 85.6M | 85.6M | 98.4M | 97M | 99.7M | 94.8M | 98.3M | 96.9M | 95.2M | 92.9M | 83.4M |
| Selling, general & administrative | 247.3M | 251.2M | 243.6M | 257.8M | 237.3M | 225.8M | 214.3M | 219.2M | 232.4M | 231.7M | 220.6M | 214.7M |
| Operating expenses | 331.8M | 336.8M | 329.3M | 356.3M | 334.3M | 325.5M | 309.2M | 317.5M | 329.2M | 326.9M | 313.5M | 298.1M |
| Operating income | -55.8M | 15.1M | -49.5M | -103.3M | -43.4M | 33.6M | -16.4M | -20.2M | 13.1M | 80.3M | 28M | 31.6M |
| Operating margin | -17.1% | 3.72% | -14.8% | -32.7% | -12.2% | 7.93% | -4.6% | -5.58% | 3.18% | 16.7% | 6.69% | 7.7% |
| Non-operating income, net | 13.7M | 6.3M | 10.7M | 7.7M | 7.8M | 8.8M | -16M | 11.5M | -180K | 481K | 2.6M | 10.5M |
| Pretax income | -27.6M | 36.6M | -25M | -82.3M | -25.5M | 54.6M | -19.7M | 3.3M | 24.6M | 92.4M | 41M | 52.9M |
| Income tax | 3.9M | 2.7M | 3.8M | 3.8M | -14.8M | 2.8M | 2.8M | 1.7M | -174.2M | -12M | 18.4M | 16.8M |
| Net income | -31.5M | 33.9M | -28.7M | -86.1M | -10.7M | 51.8M | -22.6M | 1.6M | 198.8M | 104.5M | 22.5M | 36.1M |
| Net margin | -9.68% | 8.37% | -8.58% | -27.2% | -3% | 12.2% | -6.32% | 0.44% | 48.4% | 21.7% | 5.38% | 8.8% |
| EBITDA | -50.4M | 15.1M | -44.6M | -98.8M | -38.8M | 36.8M | -13.2M | -16M | 17.6M | 85.3M | 35.5M | 40.6M |
| EPS | -0.06 | 0.06 | -0.05 | -0.15 | -0.02 | 0.09 | -0.04 | 0 | 0.37 | 0.19 | 0.04 | 0.07 |
| Diluted EPS | -0.06 | 0.06 | -0.05 | -0.15 | -0.02 | 0.09 | -0.04 | 0 | 0.37 | 0.19 | 0.04 | 0.07 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 13B | 8B | 6.8B | 6.4B |
| Enterprise value | — | — | — | — | 11.1B | 6.4B | 5.4B | 5.3B |
| Shares outstanding | 492.2M | 519.2M | 454.6M | 548M | 563.9M | 559.9M | 538.1M | 538.1M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 24 | 18.6 |
| P/S | — | — | — | — | 9.91 | 5.57 | 4.21 | 3.77 |
| P/B | — | — | — | — | 6.43 | 4.31 | 3.25 | 3.33 |
| EV/EBITDA | — | — | — | — | -78.4 | -44.1 | 73 | 28.6 |
| EV/Sales | — | — | — | — | 8.52 | 4.48 | 3.34 | 3.07 |
| Earnings yield | — | — | — | — | — | — | 4.17% | 5.38% |
| FCF yield | — | — | — | — | 2.25% | 3.84% | 5.2% | 7.47% |
| PEG | — | — | — | — | — | — | — | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 82.3% | 89.2% | 81.1% | 83% | 85% | 82.7% | 83.2% | 80.4% |
| Operating margin | -153.9% | -18.2% | -56.1% | -32.9% | -12.6% | -11.4% | 3.52% | 8.92% |
| Net margin | -154.7% | -15.2% | -58.9% | -31% | -6.87% | -5.15% | 17.5% | 21% |
| ROE | 65% | 11.5% | -27.3% | -17.1% | -4.46% | -3.99% | 13.6% | 20% |
| ROA | -102.3% | -10.7% | -20.4% | -12% | -3.04% | -2.57% | 8.88% | 3.66% |
| ROIC | 51.4% | 8.87% | -463.1% | -153.6% | -81% | -55.3% | 8.21% | 20.5% |
| Return on tangible assets | -119.8% | -11.7% | -21.6% | -13.1% | -3.27% | -2.76% | 9.77% | 15.4% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.68 | 2.01 | 4.32 | 3.74 | 3.63 | 2.93 | 2.48 | 2.39 |
| Quick ratio | 1.68 | 2.01 | 4.32 | 3.74 | 3.63 | 2.93 | 2.48 | 2.39 |
| Debt / equity | -0.03 | -0.02 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 |
| Debt / assets | 0.05 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
| Net debt / EBITDA | 0.41 | 4.85 | 3.73 | 5.14 | 12.8 | 10.7 | -18.9 | -6.73 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.68 | 1.17 | 1.96 | 1.93 | 2.32 | 2.55 | 2.99 | 3.26 |
| EPS (basic) | -1.06 | -0.18 | -1.16 | -0.6 | -0.16 | -0.13 | 0.52 | 0.52 |
| EPS (diluted) | -1.06 | -0.18 | -1.16 | -0.6 | -0.16 | -0.13 | 0.52 | 0.67 |
| Book value per share | -1.62 | -1.55 | 4.23 | 3.5 | 3.58 | 3.3 | 3.87 | 3.74 |
| FCF per share | -0.77 | 0.05 | -0.15 | -0.06 | 0.52 | 0.55 | 0.65 | 0.69 |
| Cash per share | 0.47 | 0.89 | 4.1 | 3.21 | 3.33 | 2.91 | 2.74 | 2.46 |
| Capex per share | 0.03 | 0 | 0.02 | 0.04 | 0.01 | 0.03 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 4.68% | 0.32% | 1% | 2.25% | 0.56% | 1.04% | — | — |
| Capex / operating cash flow | -4.18% | -10.5% | -7.98% | 49% | 2.33% | 4.15% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $892.3M |
| — |
| FY21 | — | -$0.18 | — | — | $607.6M | — |
| FY20 | — | -$1.06 | — | — | $336.2M | — |
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Q4 26 |
|---|
| Q1 27 |
|---|
| Q2 27 |
|---|
| Revenue | $325.9M | $405.3M | $335.1M | $316.3M | $354.7M | $423.6M | $356.6M | $361.7M | $411.1M | $481.1M | $418.4M | $410.3M |
| YoY change | +24% | +31.3% | +15.7% | +10.1% | +8.82% | +4.54% | +6.42% | +14.4% | +15.9% | +13.6% | +17.3% | +13.4% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 232.4M | 460.5M | 1.9B | 1.8B | 1.9B | 1.6B | 1.5B |
| Receivables | 93M | 172.3M | 252M | 374.2M | 436.3M | 451.1M | 488.3M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 401M | 734.4M | 2.3B | 2.3B | 2.6B | 2.3B | 2.2B |
| Property, plant & equipment | 43.6M | 32.1M | 66.1M | 81.1M | 80.1M | 99.2M | 110.5M |
| Goodwill & intangibles | 74.2M | 76.5M | 140.8M | 222M | 207.5M | 190.4M | 290.6M |
| Total assets | 508.2M | 866.5M | 2.6B | 2.7B | 3B | 2.9B | 3.2B |
| Accounts payable | 4.6M | 6.7M | 11.5M | 8.9M | 3.4M | 33.2M | 10.2M |
| Short-term debt | 5.9M | 5.9M | 1.6M | 7M | 8.4M | 3.6M | 10.3M |
| Total current liabilities | 238.6M | 365.2M | 527.5M | 626.5M | 711.7M | 798.9M | 905.4M |
| Long-term debt | 20.4M | 14.2M | 49.8M | 56.4M | 58.7M | 74.2M | 70.9M |
| Total liabilities | 1.3B | 1.7B | 650.5M | 815M | 938.6M | 1B | 1.1B |
| Shareholders' equity | -799.5M | -803.7M | 1.9B | 1.9B | 2B | 1.8B | 2.1B |
| Total debt | 26.3M | 20.1M | 51.4M | 63.4M | 67.1M | 77.8M | 81.2M |
| Net debt | -206.1M | -337.6M | -1.7B | -1.3B | -994.6M | -801.4M | -789.9M |
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 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.8B | 1.9B | 1.9B | 1.7B | 1.6B | 1.6B | 1.6B | 1.4B | 1.4B | 1.5B | 1.3B | 1.3B |
| Receivables | 373.1M | 436.3M | 270.6M | 267.7M | 336.1M | 451.1M | 266.6M | 269.8M | 366.8M | 488.3M | 300M | 307.1M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 2.4B | 2.6B | 2.5B | 2.3B | 2.2B | 2.3B | 2.1B | 2B | 2.1B | 2.2B | 1.9B | 1.9B |
| Property, plant & equipment | 76.2M | 80.1M | 83.2M | 93.1M | 94.7M | 99.2M | 108.3M | 107.2M | 109.8M | 110.5M | 112M | 109.9M |
| Goodwill & intangibles | 207.5M | 207.5M | 201.9M | 201.1M | 198.4M | 190.4M | 290.9M | 284.8M | 284.4M | 290.6M | 571.6M | 561.9M |
| Total assets | 2.8B | 3B | 2.8B | 2.7B | 2.7B | 2.9B | 2.6B | 2.6B | 2.9B | 3.2B | 2.9B | 2.9B |
| Accounts payable | 13.7M | 3.4M | 6.9M | 9.9M | 18.4M | 33.2M | 16.9M | 19.7M | 14.3M | 10.2M | 19.7M | 16.8M |
| Short-term debt | 6.9M | 8.4M | 8.2M | 4.4M | 4.8M | 3.6M | 5.5M | 6.7M | 10M | 10.3M | 11M | 10.3M |
| Total current liabilities | 627.7M | 711.7M | 597.5M | 632.5M | 695.5M | 798.9M | 715.9M | 738.4M | 788.7M | 905.4M | 831.7M | 807.3M |
| Long-term debt | 57.7M | 58.7M | 62.8M | 78.2M | 76.8M | 74.2M | 73.4M | 72.6M | 72M | 70.9M | 72M | 69.4M |
| Total liabilities | 825.8M | 938.6M | 818M | 867.8M | 931.4M | 1B | 946M | 926.6M | 971.4M | 1.1B | 1B | 958.8M |
| Shareholders' equity | 2B | 2B | 2B | 1.8B | 1.7B | 1.8B | 1.7B | 1.7B | 1.9B | 2.1B | 1.9B | 1.9B |
| Total debt | 64.6M | 67.1M | 71M | 82.6M | 81.6M | 77.8M | 79M | 79.3M | 82M | 81.2M | 83M | 79.8M |
| Net debt | -938.5M | -994.6M | -1.1B | -856.7M | -692M | -801.4M | -621.7M | -549.3M | -661.7M | -789.9M | -549.2M | -527.7M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Net income | -519.9M | -92.4M | -525.6M | -328.4M | -89.9M | -73.7M | 282.3M |
| Depreciation & amortization | 15.7M | 19.6M | 14.7M | 18.7M | 22.6M | 17.2M | 17M |
| Stock-based compensation | 137.9M | 86.2M | 515.6M | 369.8M | 372M | 358.2M | 290.7M |
| Change in working capital | -40M | -57.1M | -160.3M | -87M | -78.9M | -34.6M | -194.6M |
| Operating cash flow | -376.3M | -18.6M | -111.3M | 48.6M | 315.3M | 359.5M | 371.2M |
| Capital expenditure | -15.7M | -2M | -8.9M | -23.8M | -7.3M | -14.9M | — |
| Investing cash flow | -34.3M | -124.8M | -32.5M | -289.1M | -439.6M | -45.5M | -3.4M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | -128.8M | 0 | 0 | 0 | -102.6M | -390.8M | -329.1M |
| Financing cash flow | 454.2M | 145.5M | 1.4B | -82.6M | -221.2M | -474.2M | -388.3M |
| Net change in cash | 43.6M | 2.1M | 1.3B | -323.1M | -345.4M | -160.2M | -20.5M |
| Free cash flow | -380.4M | 26M | -66.8M | -33.8M | 291.7M | 305.6M | 352.2M |
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 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 | Q3 26 | Q4 26 | Q1 27 | Q2 27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -31.5M | 33.9M | -28.7M | -86.1M | -10.7M | 51.8M | -22.6M | 1.6M | 198.8M | 104.5M | 22.5M | 36.1M |
| Depreciation & amortization | 5.4M | -3.6M | 4.9M | 4.6M | 4.5M | 3.2M | 3.3M | 4.2M | 4.5M | 5M | 7.5M | 9M |
| Stock-based compensation | 95.9M | 88.9M | 88.7M | 94.3M | 87.5M | 87.6M | 76.4M | 78M | 71.5M | 64.8M | 53.3M | 45M |
| Change in working capital | -121.3M | -16.4M | 117.7M | -37.7M | -71.4M | -43.3M | 96.6M | -95.9M | -126.9M | -68.3M | 103.8M | -123.2M |
| Operating cash flow | -33.4M | 141.3M | 210.7M | 701K | 16.8M | 131.3M | 195.9M | 41.6M | 28.3M | 182.3M | 131.9M | 30.7M |
| Capital expenditure | -682K | -3.8M | -1.2M | -1.4M | -4.9M | -7.4M | -12.8M | — | — | — | — | — |
| Investing cash flow | -60.3M | -8.6M | 35.8M | -41.7M | -22.9M | -16.7M | -79.9M | -655K | 120.8M | -39.6M | -110.2M | -14.3M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -52.6M | -50M | -22M | -196.7M | -162.7M | -9.3M | -227.5M | -101.6M | 0 | 0 | -243.8M | -24.8M |
| Financing cash flow | -75.3M | -86.5M | -51M | -219.2M | -177.2M | -26.8M | -239.7M | -115.7M | -15.4M | -17.5M | -256.6M | -38.6M |
| Net change in cash | -168.9M | 46.1M | 195.5M | -260.2M | -183.3M | 87.8M | -123.8M | -74.7M | 133.6M | 125.3M | -234.8M | -22.2M |
| Free cash flow | 41.2M | 141.8M | 98.8M | 45M | 23.2M | 138.7M | 106.2M | 41.6M | 25.1M | 179.3M | 129.2M | 29.3M |