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 | $0.67 | $0.7 | +4.5% | — | $219.8M | — |
| Q1 26 | $0.69 | $0.63 | -8.7% | — | $216.5M | — |
| Q4 25 | $0.61 | $0.68 | +11.5% | — | $208.2M | — |
| Q3 25 | $0.56 | $0.64 | +14.3% | — | $201.7M | — |
| Q2 25 | $0.53 | $0.52 | -1.9% | — | $195.1M | — |
| Q1 25 | $0.48 | $0.5 | +4.2% | — | $189.7M | — |
| Q4 24 | $0.47 | $0.48 | +2.1% | — | $183M | — |
| Q3 24 | $0.36 | $0.44 | +22.2% | — | $175M | — |
| Q2 24 | $0.32 | $0.38 | +18.8% | — | $172.9M | — |
| Q1 24 | $0.28 | $0.31 | +10.7% | — | $165.5M | — |
| Q4 23 | $0.26 | $0.27 | +3.8% | — | $162.1M | — |
| Q3 23 | $0.19 | $0.22 | +15.8% | — | $155M | — |
| Q2 23 | $0.13 | $0.19 | +46.2% | — | $154.5M | — |
| Q1 23 | $0.07 | $0.19 | +171.4% | — | $153M | — |
| Q4 22 | $0.12 | $0.06 | -50.0% | — | $146.5M | — |
| Q3 22 | $0.04 | $0.1 | +150.0% | — | $144.8M | — |
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 | — | $0.84 | — | — | $794.8M | — |
| FY24 | — | -$0.64 | — | — | $696.5M | — |
| FY23 | — | -$1.12 | — | — | $624.6M | — |
| FY22 | — | -$1.9 | — | — | $565.7M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $150.2M | $194M | $241.1M | $315.5M | $402.8M | $498.7M | $565.7M | $624.6M | $696.5M | $794.8M |
| YoY change | +38% | +29.1% | +24.3% | +30.9% | +27.7% | +23.8% | +13.4% | +10.4% | +11.5% | +14.1% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 150.2M | 194M | 241.1M | 315.5M | 402.8M | 498.7M | 565.7M | 624.6M | 696.5M | 794.8M |
| Cost of revenue | 77.4M | 99.5M | 121.9M | 162.5M | 228.2M | 273.7M | 309.3M | 322M | 342M | 365.1M |
| Gross profit | 72.8M | 94.5M | 119.2M | 153M | 174.6M | 225M | 256.3M | 302.7M | 354.5M | 429.7M |
| Gross margin | 48.5% | 48.7% | 49.5% | 48.5% | 43.4% | 45.1% | 45.3% | 48.5% | 50.9% | 54.1% |
| Research & development | 32.5M | 40.3M | 51.3M | 76.3M | 97.4M | 117M | 130.1M | 137.3M | 143.2M | 154.3M |
| Selling, general & administrative | 68.3M | 78.3M | 93.8M | 121.1M | 145.4M | 163.5M | 198.4M | 219.7M | 228.9M | 231.4M |
| Operating expenses | 100.7M | 118.7M | 145.1M | 197.4M | 242.8M | 280.4M | 328.5M | 357M | 372.1M | 385.7M |
| Operating income | -29.4M | -25.7M | -27.7M | -50.7M | -86.1M | -73.3M | -90.4M | -75.1M | -34.6M | 43.9M |
| Operating margin | -19.6% | -13.2% | -11.5% | -16.1% | -21.4% | -14.7% | -16% | -12% | -4.97% | 5.52% |
| Non-operating income, net | -6.3M | -1.2M | -4.1M | -16M | -22.7M | -6.2M | -14.4M | 8.9M | -7.6M | -4M |
| Pretax income | -35.9M | -26.5M | -39.2M | -83.4M | -136.2M | -111.1M | -106.1M | -61.8M | -30.9M | 54.7M |
| Income tax | 427K | -314K | -3.8M | -12.5M | 1.4M | 1.6M | 2.9M | 3.6M | 7.7M | 2.7M |
| Net income | -36.4M | -26.2M | -35.4M | -70.9M | -137.6M | -112.7M | -109M | -65.4M | -38.5M | 52M |
| Net margin | -24.2% | -13.5% | -14.7% | -22.5% | -34.2% | -22.6% | -19.3% | -10.5% | -5.53% | 6.54% |
| EBITDA | -16.9M | -10.2M | -8.1M | -18.6M | -33.1M | -17M | -23.4M | 6.7M | 50.5M | 117.5M |
| EPS | -0.92 | -0.63 | -0.83 | -1.53 | -2.65 | -2 | -1.9 | -1.12 | -0.64 | 0.84 |
| Diluted EPS | -0.92 | -0.63 | -0.83 | -1.53 | -2.65 | -2 | -1.9 | -1.12 | -0.64 | 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 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 155M | 162.1M | 165.5M | 172.9M | 175M | 183M | 189.7M | 195.1M | 201.7M | 208.2M | 216.5M | 219.8M |
| Cost of revenue | — | — | — | — | — | — | — | — | 92.9M | 92.9M | 88.6M | 89.6M |
| Gross profit | — | — | — | — | — | — | — | — | 108.8M | 115.3M | 127.9M | 130.2M |
| Gross margin | — | — | — | — | — | — | — | — | 54% | 55.4% | 59.1% | 59.2% |
| Research & development | — | — | — | — | — | — | — | — | 38.9M | 40.6M | 41.9M | 41.1M |
| Selling, general & administrative | — | — | — | — | — | — | — | — | 58.1M | 56.3M | 57.9M | 59M |
| Operating expenses | — | — | — | — | — | — | — | — | 97M | 97M | 99.8M | 100.1M |
| Operating income | — | — | — | — | — | — | — | — | 11.8M | 18.3M | 28.1M | 30.1M |
| Operating margin | — | — | — | — | — | — | — | — | 5.85% | 8.79% | 13% | 13.7% |
| Non-operating income, net | — | — | — | — | — | — | — | — | -803K | -1.4M | -438K | -732K |
| Pretax income | — | — | — | — | — | — | — | — | 15.2M | 20.8M | 29.8M | 31.7M |
| Income tax | — | — | — | — | — | — | — | — | 160K | 337K | 3.1M | 1.9M |
| Net income | — | — | — | — | — | — | — | — | 15M | 20.4M | 26.6M | 29.9M |
| Net margin | — | — | — | — | — | — | — | — | 7.46% | 9.82% | 12.3% | 13.6% |
| EBITDA | — | — | — | — | — | — | — | — | 30.9M | 36M | 43.1M | 45.5M |
| EPS | -0.4 | — | -0.23 | -0.22 | -0.2 | 0 | 0.08 | 0.19 | 0.24 | 0.33 | 0.43 | 0.48 |
| Diluted EPS | -0.4 | — | -0.23 | -0.22 | -0.2 | 0 | 0.07 | 0.18 | 0.23 | 0.31 | 0.4 | 0.46 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 1.1B | 1.5B | 2.1B | 3.7B | — | 4.5B | 1.5B | 2.5B | 6B | 4.5B | 3.4B |
| Enterprise value | 1B | 1.4B | 2.1B | 4.1B | — | 4.7B | 1.8B | 2.8B | 6.1B | 4.4B | 3.4B |
| Shares outstanding | 39.6M | 41.2M | 42.8M | 46.2M | 52M | 56.4M | 57.3M | 58.4M | 60.1M | 62.2M | 62.2M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | 86.2 | 38.9 |
| P/S | 7.61 | 7.83 | 8.8 | 11.9 | — | 8.98 | 2.72 | 4.06 | 8.69 | 5.64 | 4.07 |
| P/B | 11.4 | 14.2 | 13.3 | 9.87 | — | 7.86 | 3.67 | 5.65 | 11.7 | 6.78 | 5.35 |
| EV/EBITDA | -62.1 | -139.5 | -262.7 | -219.7 | — | -275.1 | -78.7 | 408.8 | 121.7 | 37.4 | 30 |
| EV/Sales | 6.97 | 7.32 | 8.82 | 12.9 | — | 9.37 | 3.25 | 4.42 | 8.82 | 5.54 | 4.06 |
| Earnings yield | — | — | — | — | — | — | — | — | — | 1.16% | 2.57% |
| FCF yield | -1.22% | -0.25% | -0.41% | -0.37% | — | 0.12% | 0.42% | 1.57% | 1.76% | 3.87% | 5.54% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.25 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 48.5% | 48.7% | 49.5% | 48.5% | 43.4% | 45.1% | 45.3% | 48.5% | 50.9% | 54.1% | 59.2% |
| Operating margin | -19.6% | -13.2% | -11.5% | -16.1% | -21.4% | -14.7% | -16% | -12% | -4.97% | 5.52% | 13.4% |
| Net margin | -24.2% | -13.5% | -14.7% | -22.5% | -34.2% | -22.6% | -19.3% | -10.5% | -5.53% | 6.54% | 10.9% |
| ROE | -36.3% | -24.5% | -22.3% | -18.7% | -21.4% | -19.8% | -26% | -14.6% | -7.44% | 7.86% | 15% |
| ROA | -18.1% | -12.3% | -7.63% | -7.02% | -9.71% | -8.14% | -8.07% | -5.44% | -2.98% | 4.07% | 4.53% |
| ROIC | -944.8% | -368% | -16.9% | -7.07% | -12.2% | -9.59% | -12.6% | -11.1% | -5.64% | 7.24% | 14.4% |
| Return on tangible assets | -25.1% | -16.1% | -29.2% | 19.6% | -112.4% | -327.9% | -334% | 96.9% | -48.3% | 55.5% | -45% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.12 | 1.93 | 2.96 | 1.4 | 4.23 | 3.1 | 2.77 | 2.23 | 1.4 | 1.02 | 0.94 |
| Quick ratio | 2.12 | 1.93 | 2.96 | 1.4 | 4.23 | 3.1 | 2.77 | 2.23 | 1.4 | 1.02 | 0.94 |
| Debt / equity | — | — | 1.15 | 1.24 | 0.93 | 1.09 | 1.75 | 1.22 | 1.05 | 0.52 | 0.06 |
| Debt / assets | — | — | 0.39 | 0.47 | 0.42 | 0.45 | 0.54 | 0.46 | 0.42 | 0.27 | 0.04 |
| Net debt / EBITDA | — | — | -0.67 | -18.2 | -1.88 | -11.4 | -12.8 | 33.3 | 1.91 | -0.73 | -0.42 |
| Interest coverage | -62.4 | -212.5 | -2.86 | -3.11 | -3.75 | -2.36 | -14.9 | -9.79 | -5.25 | 11.1 | 21.5 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4.96% | 5.61% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.79 | 4.71 | 5.63 | 6.83 | 7.74 | 8.84 | 9.87 | 10.7 | 11.6 | 12.8 | 13.5 |
| EPS (basic) | -0.92 | -0.63 | -0.83 | -1.53 | -2.65 | -2 | -1.9 | -1.12 | -0.64 | 0.84 | 0.84 |
| EPS (diluted) | -0.92 | -0.63 | -0.83 | -1.53 | -2.65 | -2 | -1.9 | -1.12 | -0.64 | 0.8 | 1.42 |
| Book value per share | 2.53 | 2.59 | 3.71 | 8.21 | 12.4 | 10.1 | 7.31 | 7.69 | 8.61 | 10.6 | 10.3 |
| FCF per share | -0.35 | -0.09 | -0.2 | -0.3 | -0.53 | 0.1 | 0.11 | 0.68 | 1.78 | 2.79 | 2.89 |
| Cash per share | 2.45 | 2.42 | 4.14 | 2.87 | 10.4 | 7.58 | 7.56 | 5.55 | 7.43 | 6.96 | 1.71 |
| Capex per share | 0.36 | 0.3 | 0.31 | 0.3 | 0.46 | 0.35 | 0.19 | 0.1 | 0.11 | 0.34 | 0.37 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 9.55% | 6.35% | 5.51% | 4.39% | 5.89% | 3.96% | 1.97% | 0.91% | 0.96% | 2.68% | 2.86% |
| Capex / operating cash flow | -187.4% | 92.9% | 696.6% | -98.9% | -249.4% | 77.7% | 32.5% | 6.33% | 4.73% | 10.6% | 10.7% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$2 | — | — | $498.7M | — |
| FY20 | — | -$2.65 | — | — | $402.8M | — |
| FY19 | — | -$1.53 | — | — | $315.5M | — |
| FY18 | — | -$0.83 | — | — | $241.1M | — |
| FY17 | — | -$0.63 | — | — | $194M | — |
| FY16 | — | -$0.92 | — | — | $150.2M | — |
| 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 | $155M | $162.1M | $165.5M | $172.9M | $175M | $183M | $189.7M | $195.1M | $201.7M | $208.2M | $216.5M | $219.8M |
| YoY change | +7.06% | +10.6% | +8.17% | +11.9% | +12.9% | +12.9% | +14.6% | +12.9% | +15.2% | +13.8% | +14.1% | +12.6% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 97.1M | 99.6M | 177.3M | 132.4M | 539.1M | 427.7M | 433.4M | 324M | 446.6M | 432.7M |
| Receivables | 12.2M | 13.2M | 19.7M | 22.4M | 36.4M | 47M | 46.7M | 42.9M | 42.1M | 51.7M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 125.7M | 131.1M | 218.3M | 186.3M | 616.2M | 522.5M | 531.1M | 428M | 558.7M | 556.1M |
| Property, plant & equipment | 27.5M | 34.5M | 35M | 74.6M | 84.3M | 118.9M | 96.5M | 41.2M | 31.5M | 27.8M |
| Goodwill & intangibles | 56.2M | 49.8M | 342.4M | 1.4B | 1.3B | 1.4B | 1.3B | 1.3B | 1.2B | 1.2B |
| Total assets | 201M | 212.8M | 463.7M | 1B | 1.4B | 1.4B | 1.3B | 1.2B | 1.3B | 1.3B |
| Accounts payable | 4.2M | 7.6M | 9.2M | 11M | 7.9M | 10.6M | 10.1M | 19.4M | 9.4M | 20.5M |
| Short-term debt | — | — | — | 9.1M | 6.8M | 9M | 22.6M | 12.9M | 202.5M | 313M |
| Total current liabilities | 59.2M | 68.1M | 73.7M | 133M | 145.8M | 168.4M | 192M | 191.6M | 398.9M | 544.1M |
| Long-term debt | — | — | 182.7M | 460.9M | 594.2M | 613M | 710.8M | 536.1M | 340.5M | 33.8M |
| Total liabilities | 100.7M | 106.2M | 304.8M | 630M | 773.3M | 814.7M | 930.7M | 752.9M | 777M | 614.5M |
| Shareholders' equity | 100.2M | 106.6M | 158.9M | 379.4M | 643.4M | 570.3M | 419M | 448.5M | 517.8M | 661.8M |
| Total debt | — | — | 182.7M | 470M | 601.1M | 622M | 733.3M | 548.9M | 543M | 346.8M |
| Net debt | — | — | 74.4M | 369.9M | 193.3M | 299.1M | 533.7M | 319.3M | 184.4M | -20.8M |
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 | 290.8M | 324M | 338.5M | 372.1M | 407.9M | 446.6M | 486M | 532.1M | 568.7M | 432.7M | 378.9M | 106.4M |
| Receivables | 44.5M | 42.9M | 54.3M | 59.4M | 57.9M | 42.1M | 62.6M | 60.3M | 69.9M | 51.7M | 74.2M | 70.5M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 396.7M | 428M | 458.5M | 491.4M | 526.3M | 558.7M | 618.8M | 659.7M | 707.3M | 556.1M | 524.6M | 244.5M |
| Property, plant & equipment | 44.8M | 41.2M | 37.9M | 35.5M | 34.2M | 31.5M | 28M | 27.1M | 24.6M | 27.8M | 53.7M | 54.6M |
| Goodwill & intangibles | 1.3B | 1.3B | 1.3B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Total assets | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | 1.4B | 1.4B | 1.3B | 1.2B | 968.4M |
| Accounts payable | 15.1M | 19.4M | 12.6M | 14.2M | 13.2M | 9.4M | 14.6M | 6.1M | 8.1M | 20.5M | 10.3M | 16.4M |
| Short-term debt | 9.1M | 12.9M | 10.6M | 10.9M | 10.8M | 202.5M | 200.6M | 502.8M | 503M | 313M | 312.3M | 8.7M |
| Total current liabilities | 176.1M | 191.6M | 192.7M | 201.2M | 210.8M | 398.9M | 432.2M | 732.3M | 731.6M | 544.1M | 562.5M | 258.8M |
| Long-term debt | 536.9M | 536.1M | 535.4M | 533.2M | 531.3M | 340.5M | 338.4M | 36.5M | 36.1M | 33.8M | 31.6M | 32.2M |
| Total liabilities | 738.2M | 752.9M | 763.4M | 768.4M | 777.7M | 777M | 804.4M | 801.1M | 803.8M | 614.5M | 634.7M | 325M |
| Shareholders' equity | 441M | 448.5M | 465M | 480.7M | 495.1M | 517.8M | 545.5M | 584.3M | 622.9M | 661.8M | 611.7M | 643.5M |
| Total debt | 545.9M | 548.9M | 546M | 544.1M | 542.1M | 543M | 539M | 539.3M | 539.1M | 346.8M | 343.9M | 40.9M |
| Net debt | 389.9M | 319.3M | 271.5M | 240.3M | 221.8M | 184.4M | 155.1M | 125M | 66.7M | -20.8M | 1.6M | -59M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -36.4M | -26.2M | -35.4M | -70.9M | -137.6M | -112.7M | -109M | -65.4M | -38.5M | 52M |
| Depreciation & amortization | 12.2M | 14.9M | 16.8M | 28.5M | 51.8M | 54.8M | 61.7M | 71.7M | 68.8M | 53.4M |
| Stock-based compensation | 12.6M | 20.9M | 29.5M | 40.5M | 50.7M | 55.9M | 65.2M | 79.2M | 89.2M | 86.9M |
| Change in working capital | -3.3M | -3.6M | -24.6M | -30M | -23.8M | -25.1M | -11.1M | -24.4M | -8.8M | -22.4M |
| Operating cash flow | -7.7M | 13.3M | 1.9M | -14M | -9.5M | 25.4M | 34.3M | 89.7M | 141.4M | 201.5M |
| Capital expenditure | -14.3M | -12.3M | -13.3M | -13.9M | -23.7M | -19.8M | -11.1M | -5.7M | -6.7M | -21.3M |
| Investing cash flow | -13.5M | -17M | -171.2M | -482.8M | -123.2M | -59.3M | -146.6M | 138.2M | 1.3M | 2.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -8K | — | — | — | — | — | — | — | — | -5M |
| Financing cash flow | -5.1M | 0 | 181.5M | 461.5M | 387.2M | -37.4M | 0 | -171.3M | -942K | -196M |
| Net change in cash | -26.2M | -3.7M | 12.1M | -35.3M | 254.5M | -71.2M | -112.4M | 56.6M | 141.7M | 8.2M |
| Free cash flow | -14M | -3.8M | -8.7M | -13.8M | -27.6M | 5.5M | 6.5M | 39.6M | 106.7M | 173.4M |
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 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 | -23.2M | -18.1M | -13.8M | -13.1M | -11.8M | 164K | 4.8M | 11.8M | 15M | 20.4M | 26.6M | 29.9M |
| Depreciation & amortization | 18.3M | 17.9M | 17.5M | 17.6M | 17.7M | 16M | 13.7M | 13.6M | 13.6M | 12.5M | 11.7M | 12.1M |
| Stock-based compensation | 21.1M | 19.4M | 20.8M | 24.3M | 24.3M | 19.8M | 21M | 22.5M | 23.3M | 20.2M | 20.3M | 20.6M |
| Change in working capital | -7.5M | -1.7M | -6.9M | -9.5M | 6M | 1.6M | 5.2M | -8.6M | -22.8M | 3.8M | -6.2M | -14.5M |
| Operating cash flow | 16.3M | 25.5M | 24.1M | 27.2M | 43.7M | 45.2M | 50.6M | 48.6M | 45.6M | 63.7M | 56.3M | 60.7M |
| Capital expenditure | -1.3M | -1.1M | -1.4M | -1.5M | -2.4M | -1.4M | -785K | -5.6M | -5.6M | -5.1M | -5.5M | -8M |
| Investing cash flow | 27M | 40.2M | 29.5M | -5.6M | -20.9M | -1.7M | -14.6M | -20.8M | 16M | 26.3M | 23M | 22.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | -97.2M | -22.9M |
| Financing cash flow | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | -97.2M | -22.9M |
| Net change in cash | 43.3M | 65.7M | 53.6M | 21.6M | 22.7M | 43.5M | 36M | 27.8M | 61.6M | 90M | -17.9M | 59.9M |
| Free cash flow | 9.3M | 29.8M | 6M | 28.8M | 35.1M | 36.8M | 37.8M | 41.7M | 37.3M | 56.6M | 44.2M | 51M |