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 | -$0.02 | $0.02 | +200.0% | — | $116.1M | — |
| Q1 27 | -$0.04 | -$0.03 | +25.0% | — | $94.2M | — |
| Q3 26 | -$0.08 | -$0.19 | -137.5% | — | $81.3M | — |
| Q2 26 | -$0.05 | -$0.03 | +40.0% | — | $73.4M | — |
| Q4 25 | -$0.02 | -$0.08 | -300.0% | — | $61.6M | — |
| Q3 25 | -$0.04 | -$0.02 | +50.0% | — | $61.3M | — |
| Q2 25 | -$0.06 | -$0.06 | 0.0% | — | $61.1M | — |
| Q1 25 | -$0.06 | -$0.05 | +16.7% | — | $60.4M | — |
| Q4 24 | -$0.06 | -$0.06 | 0.0% | — | $58.9M | — |
| Q3 24 | -$0.08 | -$0.05 | +37.5% | — | $55.4M | — |
| Q2 24 | -$0.08 | -$0.07 | +12.5% | — | $53.8M | — |
| Q1 24 | -$0.14 | -$0.13 | +7.1% | — | $52.7M | — |
| Q4 23 | -$0.16 | -$0.14 | +12.5% | — | $53M | — |
| Q3 23 | -$0.17 | -$0.15 | +11.8% | — | $49.7M | — |
| Q2 23 | -$0.16 | -$0.15 | +6.3% | — | $48.5M | — |
| Q1 23 | -$0.15 | -$0.17 | -13.3% | — | $40.1M | — |
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 % |
|---|---|---|---|---|---|---|
| FY26 | — | -$0.8 | — | — | $307.7M | — |
| FY25 | — | -$0.42 | — | — | $244.4M | — |
| FY24 | — | -$0.5 | — | — | $220.7M | — |
| FY23 | — | -$0.61 | — | — | $191.3M | — |
| FY22 | — |
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 | $95.7M | $113.2M | $131.2M | $191.3M | $220.7M | $244.4M | $307.7M |
| YoY change | — | +18.2% | +15.9% | +45.8% | +15.4% | +10.7% | +25.9% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 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 | 95.7M | 113.2M | 131.2M | 191.3M | 220.7M | 244.4M | 307.7M |
| Cost of revenue | 102.4M | 87.4M | 83M | 97.2M | 107.7M | 104.6M | 135.2M |
| Gross profit | -6.7M | 25.8M | 48.2M | 94M | 113M | 139.7M | 172.5M |
| Gross margin | -6.95% | 22.8% | 36.8% | 49.2% | 51.2% | 57.2% | 56.1% |
| Research & development | 37.9M | 43.8M | 66.7M | 110.9M | 116.3M | 101M | 106.7M |
| Selling, general & administrative | 61.9M | 69.4M | 109.6M | 158.8M | 166.4M | 154.8M | 160.8M |
| Operating expenses | 99.8M | 113.2M | 176.3M | 269.7M | 282.7M | 255.8M | 267.6M |
| Operating income | -106.5M | -87.4M | -128.1M | -175.7M | -169.7M | -116.1M | -95.1M |
| Operating margin | -111.2% | -77.3% | -97.6% | -91.9% | -76.9% | -47.5% | -30.9% |
| Non-operating income, net | -10.2M | -29.2M | 1.8M | 6.9M | 14.6M | -14.9M | -158M |
| Pretax income | -123.6M | -126M | -135M | -161.1M | -139.7M | -120.7M | -242.2M |
| Income tax | 130K | 1.1M | 2.1M | 847K | 815K | 2.5M | 4.7M |
| Net income | -123.7M | -127.1M | -137.1M | -162M | -140.5M | -123.2M | -246.9M |
| Net margin | -129.2% | -112.3% | -104.5% | -84.7% | -63.7% | -50.4% | -80.2% |
| EBITDA | -27.7M | -25M | -85.2M | -124.3M | -105.8M | -55.4M | -35.5M |
| EPS | -2.67 | -2.74 | -1.72 | -0.61 | -0.5 | -0.42 | -0.8 |
| Diluted EPS | -2.67 | -2.74 | -1.72 | -0.61 | -0.5 | -0.42 | -0.8 |
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 | 55.4M | 58.9M | 60.4M | 61.1M | 61.3M | 61.6M | 66.3M | 73.4M | 81.3M | 86.8M | 94.2M | 116.1M |
| Cost of revenue | 29.4M | 26.4M | 28.8M | 28.8M | 23.7M | 23.3M | 29.7M | 31.1M | 34.7M | 39.8M | 43.7M | 50.4M |
| Gross profit | 26M | 32.5M | 31.7M | 32.3M | 37.5M | 38.2M | 36.6M | 42.3M | 46.6M | 47M | 50.4M | 65.6M |
| Gross margin | 47% | 55.2% | 52.4% | 52.9% | 61.2% | 62.1% | 55.2% | 57.6% | 57.3% | 54.2% | 53.5% | 56.6% |
| Research & development | 33M | 28.4M | 25.6M | 27.3M | 25.2M | 23M | 23.1M | 24.2M | 27.3M | 32.2M | 33.4M | 35.2M |
| Selling, general & administrative | 40.9M | 38M | 40.7M | 44.6M | 34.9M | 34.6M | 36.3M | 36.1M | 37.6M | 50.8M | 51.9M | 44M |
| Operating expenses | 73.9M | 66.4M | 66.3M | 71.9M | 60.1M | 57.6M | 59.4M | 60.2M | 64.9M | 83M | 85.3M | 79.1M |
| Operating income | -47.9M | -33.9M | -34.6M | -39.6M | -22.6M | -19.4M | -22.8M | -18M | -18.3M | -36M | -34.9M | -13.5M |
| Operating margin | -86.4% | -57.6% | -57.2% | -64.8% | -36.9% | -31.5% | -34.4% | -24.5% | -22.6% | -41.5% | -37.1% | -11.6% |
| Non-operating income, net | 6.8M | -258K | 2.6M | -965K | 138K | -16.7M | 9.2M | -6.3M | -43.5M | -118.3M | -106.7M | -105K |
| Pretax income | -37.6M | -30.5M | -28.9M | -37.8M | -20.1M | -34.1M | -11.7M | -22.1M | -58.4M | -150M | -137.9M | -8.6M |
| Income tax | 355K | -429K | 442K | 897K | 25K | 1.1M | 928K | 497K | 784K | 2.4M | 1M | 733K |
| Net income | -38M | -30.1M | -29.3M | -38.7M | -20.1M | -35.2M | -12.6M | -22.6M | -59.2M | -152.5M | -138.9M | -9.4M |
| Net margin | -68.6% | -51.1% | -48.5% | -63.3% | -32.8% | -57.1% | -19.1% | -30.8% | -72.8% | -175.6% | -147.5% | -8.06% |
| EBITDA | -41.1M | 8M | -23M | -25.8M | -12.7M | 6.1M | -22.1M | -1.7M | -4M | -15.6M | -18.8M | 3.6M |
| EPS | -0.13 | -0.11 | -0.1 | -0.13 | -0.07 | -0.12 | -0.04 | -0.07 | -0.19 | -0.48 | -0.4 | -0.03 |
| Diluted EPS | -0.13 | -0.11 | -0.1 | -0.13 | -0.07 | -0.12 | -0.04 | -0.07 | -0.19 | -0.48 | -0.4 | -0.03 |
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 | — | — | — | — | 631.9M | 1.8B | 7.7B | 6.1B |
| Enterprise value | — | — | — | — | 357.9M | 1.6B | 7.5B | 6B |
| Shares outstanding | 46.4M | 46.4M | 79.6M | 267.1M | 279.6M | 292.1M | 307.8M | 307.8M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -21 |
| P/S | — | — | — | — | 2.86 | 7.29 | 25 | 16.8 |
| P/B | — | — | — | — | 1.22 | 4.04 | 40.8 | 14 |
| EV/EBITDA | — | — | — | — | -3.38 | -28.6 | -211.2 | -123.4 |
| EV/Sales | — | — | — | — | 1.62 | 6.47 | 24.4 | 15.8 |
| Earnings yield | — | — | — | — | — | — | — | -4.77% |
| FCF yield | — | — | — | — | -14.7% | -3.86% | 0.67% | 0.85% |
| PEG | — | — | — | — | — | — | — | 0.37 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -6.95% | 22.8% | 36.8% | 49.2% | 51.2% | 57.2% | 56.1% | 56.6% |
| Operating margin | -111.2% | -77.3% | -97.6% | -91.9% | -76.9% | -47.5% | -30.9% | -12% |
| Net margin | -129.2% | -112.3% | -104.5% | -84.7% | -63.7% | -50.4% | -80.2% | -95.1% |
| ROE | -56.8% | -118.2% | -21.2% | -28.1% | -27.1% | -27.9% | -131% | -72% |
| ROA | -34.1% | -31.8% | -16.7% | -21.5% | -20% | -19.4% | -21.5% | -5.05% |
| ROIC | -42% | -43.7% | -81.3% | -92.8% | -69.6% | -48.2% | -878.6% | -52% |
| Return on tangible assets | -87% | -67.9% | -24.3% | -34.1% | -42% | -45.9% | -32.4% | -34.5% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.85 | 1.15 | 4.18 | 3.89 | 2.71 | 2.13 | 1.65 | 2.84 |
| Quick ratio | 0.85 | 1.15 | 4.18 | 3.89 | 2.71 | 2.13 | 1.64 | 2.82 |
| Debt / equity | 0.26 | 1.52 | 0 | 0.04 | 0.05 | 0.05 | 2.45 | 0.88 |
| Debt / assets | 0.16 | 0.41 | 0 | 0.03 | 0.04 | 0.03 | 0.4 | 0.35 |
| Net debt / EBITDA | -1.29 | -3.71 | 5.76 | 3.11 | 2.59 | 3.62 | 5 | 10.6 |
| Interest coverage | -16.8 | -12.3 | -14.4 | — | — | — | -69.5 | -63.6 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.07 | 2.44 | 1.65 | 0.72 | 0.79 | 0.84 | 1 | 1.14 |
| EPS (basic) | -2.67 | -2.74 | -1.72 | -0.61 | -0.5 | -0.42 | -0.8 | -0.8 |
| EPS (diluted) | -2.67 | -2.74 | -1.72 | -0.61 | -0.5 | -0.42 | -0.8 | -1.1 |
| Book value per share | 4.69 | 2.32 | 8.14 | 2.16 | 1.85 | 1.51 | 0.61 | 1.25 |
| FCF per share | -1.25 | -0.74 | -0.72 | -0.32 | -0.33 | -0.24 | 0.17 | 0.05 |
| Cash per share | 0.47 | 1.54 | 6.16 | 1.53 | 1.07 | 0.76 | 2.08 | 2.38 |
| Capex per share | 0.36 | 0.56 | 0.13 | 0.04 | 0.14 | 0.15 | 0.02 | 0.01 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 17.4% | 23.1% | 7.86% | 5.46% | 17.2% | 18.1% | 1.55% | 1.27% |
| Capex / operating cash flow | -28.3% | -384.1% | -27.3% | -16.2% | -62.1% | -117% | 3.56% | 4.08% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| -$1.72 |
| — |
| — |
| $131.2M |
| — |
| FY21 | — | -$2.74 | — | — | $113.2M | — |
| FY20 | — | -$2.67 | — | — | $95.7M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Q3 26 |
|---|
| Q4 26 |
|---|
| Q1 27 |
|---|
| Q2 27 |
|---|
| Revenue | $55.4M | $58.9M | $60.4M | $61.1M | $61.3M | $61.6M | $66.3M | $73.4M | $81.3M | $86.8M | $94.2M | $116.1M |
| YoY change | +11.4% | +11.1% | +14.7% | +13.6% | +10.6% | +4.59% | +9.64% | +20.1% | +32.6% | +41.1% | +42.1% | +58.1% |
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 | 21.7M | 71.2M | 490.8M | 408.8M | 298.9M | 222.1M | 640.1M |
| Receivables | 27.7M | 47.1M | 44.4M | 39M | 43.3M | 55.8M | 83.5M |
| Inventory | — | — | — | — | — | — | 6.1M |
| Total current assets | 60.3M | 125.4M | 551.5M | 475.7M | 370.2M | 302.2M | 775.4M |
| Property, plant & equipment | 186.6M | 159.9M | 133.3M | 128.5M | 135.8M | 141.5M | 165.2M |
| Goodwill & intangibles | 220.8M | 212.1M | 256.4M | 278M | 367.4M | 365.6M | 383.1M |
| Total assets | 363M | 399.3M | 821.4M | 752.7M | 702M | 633.8M | 1.1B |
| Accounts payable | 2.1M | 1.4M | 2.9M | 6.9M | 2.6M | 2.6M | 10.6M |
| Short-term debt | 10.8M | 8.2M | — | 4.9M | 8M | 9.2M | 7.3M |
| Total current liabilities | 71.2M | 108.8M | 132M | 122.3M | 136.6M | 142.1M | 469.5M |
| Long-term debt | 46.7M | 155.6M | 0 | 17.1M | 17M | 12.4M | 455.2M |
| Total liabilities | 145.4M | 291.8M | 173.2M | 176.6M | 184M | 192.5M | 957.3M |
| Shareholders' equity | 217.6M | 107.5M | 648.2M | 576.1M | 518M | 441.3M | 188.4M |
| Total debt | 57.5M | 163.9M | 0 | 22M | 24.9M | 21.6M | 462.5M |
| Net debt | 35.8M | 92.7M | -490.8M | -159.9M | -58.9M | -96.4M | 233M |
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 | 314.9M | 298.9M | 275.6M | 249.4M | 242.2M | 222.1M | 226.1M | 271.5M | 677.3M | 640.1M | 730.8M | 865.4M |
| Receivables | 45.1M | 43.3M | 38.5M | 43.9M | 38.9M | 55.8M | 74.7M | 51.6M | 46.3M | 83.5M | 61.6M | 59.9M |
| Inventory | — | — | — | — | — | — | — | — | — | 6.1M | 9.3M | 8.9M |
| Total current assets | 387.5M | 370.2M | 346M | 326.7M | 301.6M | 302.2M | 324.8M | 355.5M | 754.1M | 775.4M | 849M | 998.8M |
| Property, plant & equipment | 136.1M | 135.8M | 132.3M | 134.9M | 137.7M | 141.5M | 140.4M | 147.4M | 159M | 165.2M | 198.7M | 225M |
| Goodwill & intangibles | 354.4M | 367.4M | 369.2M | 370.1M | 369.8M | 365.6M | 372.1M | 371.7M | 371.1M | 383.1M | 378.5M | 386.4M |
| Total assets | 713.5M | 702M | 674.6M | 658.4M | 630.8M | 633.8M | 658.4M | 696.4M | 1.1B | 1.1B | 1.3B | 1.4B |
| Accounts payable | 4.6M | 2.6M | 3.1M | 2.4M | 3.6M | 2.6M | 4.1M | 11.1M | 3.4M | 10.6M | 9M | 10.4M |
| Short-term debt | 7.5M | 8M | 8.2M | 8.8M | 9.1M | 9.2M | 8.8M | 8.4M | 7.9M | 7.3M | 3.4M | 3.6M |
| Total current liabilities | 131.1M | 136.6M | 126.4M | 139.7M | 129.1M | 142.1M | 154.6M | 203.5M | 188.6M | 469.5M | 302.5M | 351.3M |
| Long-term debt | 17.3M | 17M | 15.2M | 15.2M | 13.8M | 12.4M | 10.8M | 9.1M | 453.4M | 455.2M | 484.6M | 495M |
| Total liabilities | 179.9M | 184M | 174.3M | 185.1M | 166.2M | 192.5M | 213.6M | 260.7M | 756.5M | 957.3M | 807.7M | 866.6M |
| Shareholders' equity | 533.6M | 518M | 500.3M | 473.2M | 464.6M | 441.3M | 444.8M | 435.7M | 349.6M | 188.4M | 443.7M | 564.4M |
| Total debt | 24.8M | 24.9M | 23.4M | 24M | 22.9M | 21.6M | 19.6M | 17.5M | 461.4M | 462.5M | 488M | 498.6M |
| Net debt | -76.7M | -58.9M | -84M | -124.3M | -116M | -96.4M | -113.8M | -163.5M | 18M | 233M | 119.9M | 83.5M |
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 | -123.7M | -127.1M | -137.1M | -162M | -140.5M | -123.2M | -246.9M |
| Depreciation & amortization | 77.6M | 62.2M | 45M | 43.3M | 47.6M | 45.6M | 41.8M |
| Stock-based compensation | 5.1M | 14M | 42M | 75.5M | 57.1M | 48.5M | 55M |
| Change in working capital | -19M | 11.3M | 18.2M | -13.8M | -6.7M | -11.3M | 132.4M |
| Operating cash flow | -58.8M | -6.8M | -37.7M | -64.3M | -61.2M | -37.9M | 134.4M |
| Capital expenditure | -16.7M | -26.1M | -10.3M | -10.4M | -38M | -44.3M | -4.8M |
| Investing cash flow | -19.7M | -26.8M | -20.5M | -239.9M | -29.2M | 68M | -315M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -5.6M | -6.3M | -9M | — | — |
| Financing cash flow | 8.5M | 83.4M | 460.6M | -6.8M | -9M | -21.5M | 321.7M |
| Net change in cash | -70.1M | 49.8M | 402.3M | -311.1M | -99.4M | 8.7M | 141.1M |
| Free cash flow | -57.8M | -34.2M | -57.1M | -86.7M | -93.1M | -68.8M | 51.4M |
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 | -38M | -30.1M | -29.3M | -38.7M | -20.1M | -35.2M | -12.6M | -22.6M | -59.2M | -152.5M | -138.9M | -9.4M |
| Depreciation & amortization | 13.6M | 11.6M | 13.1M | 13.1M | 10.1M | 9.3M | 11.1M | 10.6M | 9.9M | 10.2M | 11.2M | 10.8M |
| Stock-based compensation | 12.6M | 12.5M | 13.1M | 11.6M | 11.8M | 12M | 12.5M | 13.5M | 13.5M | 15.5M | 16.5M | 17.1M |
| Change in working capital | -7.4M | -1.6M | 1.7M | 2.2M | -6.4M | -8.8M | 14.3M | 60.6M | 18.5M | 39.7M | 23.9M | 42M |
| Operating cash flow | -20.4M | -21.9M | -2M | -10.5M | -2.9M | -22.4M | 26.5M | 67.8M | 28.6M | 20.6M | 15.4M | 52.9M |
| Capital expenditure | -7.4M | -8.9M | -9.9M | -15.1M | -7.6M | -11.6M | -8.1M | -1.2M | -978K | -1.4M | -647K | -1.8M |
| Investing cash flow | 21.5M | -8.4M | 31.9M | 53M | -9.2M | -11.7M | 3.6M | 1.1M | -144M | -182.5M | 48M | -89.5M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -2.4M | -1.9M | -2M | -2.5M | -2.8M | — | — | — | — | — | — | — |
| Financing cash flow | -2.4M | -1.9M | -2.4M | -1.7M | -6.1M | -12.1M | -12.5M | -7.3M | -34.4M | -72.9M | -17.5M | -10.7M |
| Net change in cash | -1.2M | -32.1M | 27.5M | 40.8M | -18.3M | -46.2M | 17.6M | 61.6M | -149.9M | -234.7M | 46M | -47.2M |
| Free cash flow | -31.5M | -16.9M | -15.7M | -24.7M | -5.1M | -19.3M | 7.4M | 46M | 650K | -2.6M | -2.8M | 23.6M |