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 | $0.19 | $0.25 | +31.6% | — | $360.7M | — |
| Q1 26 | $0.18 | $0.21 | +16.7% | — | $358.4M | — |
| Q4 25 | $0.16 | $0.2 | +25.0% | — | $330.5M | — |
| Q3 25 | $0.15 | $0.17 | +13.3% | — | $310.7M | — |
| Q2 25 | $0.14 | $0.15 | +7.1% | — | $280.1M | — |
| Q1 25 | $0.13 | $0.14 | +7.7% | — | $275.2M | — |
| Q4 24 | $0.12 | $0.13 | +8.3% | — | $257.9M | — |
| Q3 24 | $0.09 | $0.15 | +66.7% | — | $231.6M | — |
| Q2 24 | $0.09 | $0.12 | +33.3% | — | $197.4M | — |
| Q1 24 | $0.08 | $0.1 | +25.0% | — | $184.9M | — |
| Q4 23 | $0.06 | $0.09 | +50.0% | — | $164.8M | — |
| Q3 23 | $0.04 | $0.09 | +125.0% | — | $152.4M | — |
| Q2 23 | $0.01 | $0.06 | +500.0% | — | $148.9M | — |
| Q1 23 | — | $0.02 | — | — | $148.3M | — |
| Q4 22 | — | $0.02 | — | — | $132.2M | — |
| Q3 22 | — | $0.01 | — | — | $128.2M | — |
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 | — | $0.53 | — | — | $1.2B | — |
| FY24 | — | $0.36 | — | — | $871.7M | — |
| FY23 | — | $0.18 | — | — | $614.5M | — |
| FY22 | — | -$0 | — | — | $497M | — |
| 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 | $235.8M | $301.8M | $395.5M | $497M | $614.5M | $871.7M | $1.2B |
| YoY change | — | +28% | +31.1% | +25.7% | +23.6% | +41.9% | +37.3% |
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 | 235.8M | 301.8M | 395.5M | 497M | 614.5M | 871.7M | 1.2B |
| Cost of revenue | 161.3M | 209.1M | 274.1M | 347.3M | 432.1M | 633.6M | 900.2M |
| Gross profit | 74.4M | 92.6M | 121.4M | 149.7M | 182.3M | 238.2M | 296.3M |
| Gross margin | 31.6% | 30.7% | 30.7% | 30.1% | 29.7% | 27.3% | 24.8% |
| Research & development | 17.9M | 24.5M | 34.1M | 41.2M | 44.2M | 51.3M | 61.5M |
| Selling, general & administrative | 38.2M | 49.7M | 76.9M | 111.4M | 120M | 142M | 159.3M |
| Operating expenses | 56.1M | 74.2M | 111M | 152.7M | 164.2M | 193.3M | 220.8M |
| Operating income | 18.4M | 18.4M | 10.4M | -3M | 18.1M | 44.9M | 75.5M |
| Operating margin | 7.79% | 6.11% | 2.62% | -0.6% | 2.94% | 5.15% | 6.31% |
| Non-operating income, net | 2K | -116K | -1K | 5K | 12K | 345K | 229K |
| Pretax income | 18.5M | 18.4M | 10.4M | -1.3M | 25.1M | 53.9M | 85.3M |
| Income tax | 4.8M | 4.7M | 1.1M | -795K | 2.8M | 9.8M | 18.3M |
| Net income | 13.7M | 13.7M | 9.3M | -513K | 22.3M | 44.2M | 66.9M |
| Net margin | 5.81% | 4.54% | 2.35% | -0.1% | 3.63% | 5.07% | 5.59% |
| EBITDA | 24.4M | 26.6M | 23.7M | 21.1M | 48.7M | 81.3M | 116.6M |
| EPS | 0.08 | 0.07 | 0.06 | -0 | 0.18 | 0.36 | 0.53 |
| Diluted EPS | 0.08 | 0.07 | 0.06 | -0 | 0.18 | 0.35 | 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 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 152.4M | 164.8M | 184.9M | 197.4M | 231.6M | 257.9M | 275.2M | 280.1M | 310.7M | 330.5M | 358.4M | 360.7M |
| Cost of revenue | 105.5M | 115.3M | 132.2M | 138.7M | 170.9M | 191.8M | 209.2M | 208.6M | 235.9M | 246.5M | 272.2M | 266.4M |
| Gross profit | 46.9M | 49.5M | 52.7M | 58.8M | 60.7M | 66M | 66M | 71.5M | 74.8M | 84M | 86.2M | 94.3M |
| Gross margin | 30.8% | 30% | 28.5% | 29.8% | 26.2% | 25.6% | 24% | 25.5% | 24.1% | 25.4% | 24.1% | 26.1% |
| Research & development | 11M | 10.7M | 12.1M | 12.5M | 13.2M | 13.6M | 15.1M | 15.2M | 15.2M | 15.9M | 16.3M | 15.3M |
| Selling, general & administrative | 30.6M | 29.7M | 32.3M | 36M | 35.4M | 38.3M | 35.2M | 40.3M | 39.8M | 44M | 43.3M | 46.4M |
| Operating expenses | 41.6M | 40.4M | 44.4M | 48.5M | 48.6M | 51.8M | 50.3M | 55.6M | 55M | 59.9M | 59.7M | 61.7M |
| Operating income | 5.3M | 9.1M | 8.3M | 10.2M | 12.1M | 14.2M | 15.7M | 15.9M | 19.9M | 24.1M | 26.6M | 32.6M |
| Operating margin | 3.48% | 5.55% | 4.51% | 5.18% | 5.22% | 5.5% | 5.7% | 5.68% | 6.39% | 7.28% | 7.41% | 9.04% |
| Non-operating income, net | -17K | 44K | 231K | 39K | 5K | 70K | 50K | 111K | 163K | -95K | 8K | -5K |
| Pretax income | 7.2M | 11.2M | 10.8M | 12.5M | 14.4M | 16.3M | 17.8M | 18.4M | 22.6M | 26.5M | 29.1M | 35.7M |
| Income tax | 822K | 1.8M | 3.5M | 3.1M | 5K | 3.1M | 4M | 3.7M | 4.9M | 5.8M | 8.2M | 10.1M |
| Net income | 6.4M | 9.4M | 7.2M | 9.4M | 14.4M | 13.1M | 13.8M | 14.7M | 17.7M | 20.7M | 20.9M | 25.6M |
| Net margin | 4.18% | 5.71% | 3.91% | 4.74% | 6.23% | 5.1% | 5.02% | 5.25% | 5.71% | 6.26% | 5.83% | 7.09% |
| EBITDA | 13.1M | 17.4M | 16.9M | 19.2M | 21.4M | 23.8M | 26.4M | 26.4M | 30.1M | 33.6M | 36.4M | 42M |
| EPS | 0.05 | — | 0.06 | 0.08 | 0.12 | 0.11 | 0.11 | 0.12 | 0.14 | 0.16 | 0.17 | 0.2 |
| Diluted EPS | 0.05 | — | 0.06 | 0.07 | 0.11 | 0.1 | 0.11 | 0.11 | 0.14 | 0.16 | 0.16 | 0.2 |
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 | — | — | 3.9B | 978M | 2.2B | 4.1B | 4B | 3.8B |
| Enterprise value | — | — | 3.8B | 843.3M | 2B | 3.9B | 3.6B | 3.4B |
| Shares outstanding | 115.9M | 115.9M | 112.8M | 122.1M | 123.5M | 124.4M | 125.2M | 125.2M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | 424.1 | — | 98.9 | 92 | 59.1 | 45.3 |
| P/S | — | — | 9.97 | 1.97 | 3.59 | 4.66 | 3.31 | 2.77 |
| P/B | — | — | 10.2 | 2.46 | 5.14 | 8.37 | 7.06 | 6.14 |
| EV/EBITDA | — | — | 160 | 40 | 41.9 | 47.5 | 31.2 | 31.4 |
| EV/Sales | — | — | 9.58 | 1.7 | 3.32 | 4.43 | 3.04 | 2.5 |
| Earnings yield | — | — | 0.24% | — | 1.01% | 1.09% | 1.69% | 2.21% |
| FCF yield | — | — | -0.02% | -1.17% | 1.56% | 0.67% | 3.16% | 2.91% |
| PEG | — | — | — | — | — | — | — | 0.68 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 31.6% | 30.7% | 30.7% | 30.1% | 29.7% | 27.3% | 24.8% | 26.1% |
| Operating margin | 7.79% | 6.11% | 2.62% | -0.6% | 2.94% | 5.15% | 6.31% | 9.04% |
| Net margin | 5.81% | 4.54% | 2.35% | -0.1% | 3.63% | 5.07% | 5.59% | 6.24% |
| ROE | 20% | 16.2% | 2.41% | -0.13% | 5.2% | 9.1% | 11.9% | 15% |
| ROA | 17% | 11% | 1.97% | -0.11% | 4.42% | 7.66% | 10% | 9.65% |
| ROIC | 32.6% | 28.8% | 4.07% | -1.13% | 6.16% | 12.7% | 24.1% | 31.4% |
| Return on tangible assets | 52.4% | 24.5% | 13.6% | -1.52% | 32.2% | 31.6% | 28.1% | 28.7% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 5.18 | 2.57 | 3.45 | 4.45 | 4.31 | 4.24 | 4.46 | 4.89 |
| Quick ratio | 5.18 | 2.57 | 3.45 | 4.45 | 4.31 | 4.24 | 4.46 | 4.89 |
| Debt / equity | 0.01 | 0.12 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 |
| Debt / assets | 0.01 | 0.08 | 0.02 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 |
| Net debt / EBITDA | -1.1 | -1.38 | -6.64 | -6.39 | -3.47 | -2.43 | -2.69 | -2.59 |
| Interest coverage | — | — | 1.7K | — | — | — | — | — |
| Effective tax rate | 25.9% | 25.3% | 10.3% | 0% | 11.2% | 18.1% | 21.5% | 25.5% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.04 | 2.6 | 3.51 | 4.07 | 4.98 | 7.01 | 9.55 | 10.8 |
| EPS (basic) | 0.08 | 0.07 | 0.06 | -0 | 0.18 | 0.36 | 0.53 | 0.53 |
| EPS (diluted) | 0.08 | 0.07 | 0.06 | -0 | 0.18 | 0.35 | 0.52 | 0.66 |
| Book value per share | 0.59 | 0.73 | 3.42 | 3.25 | 3.48 | 3.9 | 4.47 | 4.87 |
| FCF per share | 0.04 | 0.18 | -0.01 | -0.09 | 0.28 | 0.22 | 1 | 0.94 |
| Cash per share | 0.24 | 0.4 | 1.49 | 1.21 | 1.45 | 1.66 | 2.56 | 3 |
| Capex per share | 0.01 | 0 | 0.01 | 0.01 | 0 | 0 | 0.29 | 0.29 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.44% | 0.15% | 0.25% | 0.25% | 0.1% | 0.05% | 3.07% | 2.77% |
| Capex / operating cash flow | 6.85% | 1.43% | 5.41% | 8.39% | 0.94% | 0.81% | 22.7% | 23.7% |
| Payout ratio | 0% | 0% | 370% | 0% | 0% | — | — | 0% |
| Dividend yield | — | — | 0.87% | 0% | 0% | — | — | — |
| — |
| — |
| $395.5M |
| — |
| FY20 | — | $0.07 | — | — | $301.8M | — |
| FY19 | — | $0.08 | — | — | $235.8M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $152.4M | $164.8M | $184.9M | $197.4M | $231.6M | $257.9M | $275.2M | $280.1M | $310.7M | $330.5M | $358.4M | $360.7M |
| YoY change | +18.9% | +24.7% | +24.6% | +32.6% | +51.9% | +56.5% | +48.9% | +41.9% | +34.2% | +28.1% | +30.2% | +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 | 27.4M | 46.7M | 168.4M | 147.3M | 179.4M | 205.9M | 320.9M |
| Receivables | 19.5M | 28M | 43.9M | 67.8M | 76.4M | 119.8M | 102.3M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 51.5M | 79.8M | 256.4M | 229M | 270.3M | 345.6M | 441.3M |
| Property, plant & equipment | 1.5M | 10.1M | 9.7M | 11.4M | 11.6M | 9M | 7.3M |
| Goodwill & intangibles | 54.3M | 68.9M | 404.8M | 427.8M | 435.6M | 436.5M | 429.4M |
| Total assets | 80.5M | 124.9M | 472.9M | 461.5M | 504.9M | 576.2M | 667.9M |
| Accounts payable | 2.2M | 16.8M | 24.7M | 29.2M | 35.2M | 49.9M | 64M |
| Short-term debt | 627K | 4.1M | 3.8M | 3.3M | 1.9M | 2.1M | 2.3M |
| Total current liabilities | 9.9M | 31.1M | 74.4M | 51.5M | 62.8M | 81.5M | 98.8M |
| Long-term debt | 0 | 5.9M | 7.3M | 9.4M | 8.7M | 6.3M | 4.6M |
| Total liabilities | 11.9M | 40.5M | 86.8M | 64.4M | 75.2M | 90.7M | 107.5M |
| Shareholders' equity | 68.6M | 84.4M | 386.1M | 397.2M | 429.6M | 485.6M | 560.4M |
| Total debt | 627K | 10M | 11.2M | 12.6M | 10.5M | 8.4M | 6.9M |
| Net debt | -26.8M | -36.6M | -157.2M | -134.7M | -168.8M | -197.5M | -314.1M |
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 | 162.1M | 179.4M | 180.1M | 188.8M | 187.5M | 205.9M | 245.8M | 266.4M | 287.9M | 320.9M | 338.8M | 377.7M |
| Receivables | 74.9M | 76.4M | 84.2M | 90.1M | 111.2M | 119.8M | 100M | 96.6M | 104.9M | 102.3M | 117.2M | 105.6M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 255.1M | 270.3M | 279.6M | 294.2M | 320.1M | 345.6M | 361.5M | 380.9M | 417.1M | 441.3M | 472.5M | 494.5M |
| Property, plant & equipment | 11.3M | 11.6M | 11.1M | 10.3M | 9.9M | 9M | 8.4M | 8.5M | 7.8M | 7.3M | 7M | 10.6M |
| Goodwill & intangibles | 435M | 435.6M | 437.5M | 438.1M | 437.9M | 436.5M | 434.1M | 431.4M | 429.6M | 429.4M | 429M | 429.9M |
| Total assets | 489.3M | 504.9M | 514M | 527.7M | 552.9M | 576.2M | 590.9M | 609.5M | 644.4M | 667.9M | 698.6M | 725.4M |
| Accounts payable | 33.5M | 35.2M | 41.1M | 43.1M | 49.7M | 49.9M | 55.7M | 52.6M | 63.9M | 64M | 73.5M | 70.6M |
| Short-term debt | 1.7M | 1.9M | 2M | 2.1M | 2.1M | 2.1M | 2.1M | 2.2M | 2.2M | 2.3M | 2.4M | 2.8M |
| Total current liabilities | 59.5M | 62.8M | 62.6M | 64.6M | 74.2M | 81.5M | 81M | 83.5M | 95.7M | 98.8M | 107.1M | 101.2M |
| Long-term debt | 8.6M | 8.7M | 8.1M | 7.4M | 7.1M | 6.3M | 5.8M | 5.8M | 5.1M | 4.6M | 4.2M | 6M |
| Total liabilities | 71.9M | 75.2M | 74.6M | 76.1M | 84.1M | 90.7M | 90.5M | 92.8M | 107M | 107.5M | 115.1M | 112M |
| Shareholders' equity | 417.4M | 429.6M | 439.4M | 451.6M | 468.8M | 485.6M | 500.4M | 516.7M | 537.4M | 560.4M | 583.5M | 613.4M |
| Total debt | 10.3M | 10.5M | 10M | 9.5M | 9.2M | 8.4M | 7.9M | 8M | 7.4M | 6.9M | 6.6M | 8.8M |
| Net debt | -151.8M | -168.8M | -170.1M | -179.3M | -178.3M | -197.5M | -237.9M | -258.4M | -280.6M | -314.1M | -332.2M | -368.9M |
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 | 13.7M | 13.7M | 9.3M | -513K | 22.3M | 44.2M | 66.9M |
| Depreciation & amortization | 6M | 8.1M | 13.3M | 24.1M | 30.6M | 36.5M | 41.1M |
| Stock-based compensation | 1.6M | 2M | 3.1M | 6.7M | 9.4M | 11M | 18.6M |
| Change in working capital | -7.4M | 3.7M | -10.2M | -16.5M | -3.9M | -39.7M | 33.2M |
| Operating cash flow | 15.2M | 31.9M | 18.1M | 15M | 63.6M | 56.5M | 162.1M |
| Capital expenditure | -1M | -458K | -979K | -1.3M | -600K | -457K | -36.7M |
| Investing cash flow | -2.4M | -748K | -58.4M | -4.5M | -600K | -642K | -36.2M |
| Dividends paid | 0 | 0 | -34.4M | 0 | 0 | — | — |
| Share repurchases | 0 | 0 | -23M | 0 | 0 | — | — |
| Financing cash flow | -857K | -1.4M | 213.2M | -38.8M | -1.8M | -545K | -10.7M |
| Net change in cash | 11.9M | 29.8M | 172.9M | -28.3M | 61.2M | 55.3M | 115.2M |
| Free cash flow | 5M | 20.8M | -916K | -11.4M | 34.5M | 27.1M | 125M |
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 | 6.4M | 9.4M | 7.2M | 9.4M | 14.4M | 13.1M | 13.8M | 14.7M | 17.7M | 20.7M | 20.9M | 25.6M |
| Depreciation & amortization | 7.8M | 8.3M | 8.5M | 9M | 9.3M | 9.7M | 10.7M | 10.5M | 10.3M | 9.6M | 9.9M | 9.4M |
| Stock-based compensation | 2.5M | 2.5M | 2.9M | 3.8M | 4.1M | 1.6M | 3M | 4.7M | 5.2M | 5.7M | 5.7M | 6.5M |
| Change in working capital | -5.6M | -47K | 533K | -9M | -17.6M | -11.2M | 28.4M | -8.3M | 1.2M | 7.2M | 3.5M | -2.4M |
| Operating cash flow | 12.3M | 21.5M | 20.1M | 13.7M | 8.8M | 16.1M | 56.5M | 31.5M | 35.1M | 45.1M | 30.5M | 48.9M |
| Capital expenditure | -158K | -89K | -116K | -188K | -72K | -81K | -60K | -8.9M | -9.2M | -9.3M | -9.5M | -9.7M |
| Investing cash flow | -158K | -89K | -237K | -190K | 48K | -263K | 991K | -9.3M | -10M | -8.7M | -9.4M | -9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | -506K | 0 | -39K | 0 | -1.9M | -1.8M | -3.4M | -3.6M | -3.3M | -2.1M |
| Net change in cash | 12.2M | 21.4M | 19.3M | 13.6M | 8.8M | 15.9M | 55.5M | 20.4M | 21.7M | 32.9M | 17.8M | 37.8M |
| Free cash flow | 4.3M | 16M | 1.6M | 8.8M | -2.2M | 19M | 41.1M | 22.5M | 25.7M | 35.7M | 20.9M | 39M |