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 | $0.15 | $0.15 | 0.0% | — | $393.8M | — |
| Q4 25 | $0.11 | $0.08 | -27.3% | — | $324.9M | — |
| Q3 25 | $0.07 | $0.09 | +28.6% | — | $277.9M | — |
| Q2 25 | $0.06 | $0.11 | +83.3% | — | $269.2M | — |
| Q1 25 | $0.06 | $0.09 | +50.0% | — | $262.4M | — |
| Q4 24 | $0.06 | $0.07 | +16.7% | — | $254.2M | — |
| Q3 24 | -$0.01 | $0.05 | +600.0% | — | $232.1M | — |
| Q2 24 | — | $0.04 | — | — | $220.4M | — |
| Q1 24 | -$0.02 | $0.03 | +250.0% | — | $217.4M | — |
| Q4 23 | -$0.04 | $0.01 | +125.0% | — | $193.9M | — |
| Q3 23 | -$0.06 | -$0.03 | +50.0% | — | $169.9M | — |
| Q2 23 | -$0.1 | -$0.04 | +60.0% | — | $165.1M | — |
| Q1 23 | -$0.15 | -$0.08 | +46.7% | — | $162.4M | — |
| Q4 22 | -$0.1 | -$0.11 | -10.0% | — | $165.5M | — |
| Q3 22 | -$0.11 | -$0.08 | +27.3% | — | $148M | — |
| Q2 22 | -$0.14 | -$0.11 | +21.4% | — | $143.7M | — |
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 | — | $0.35 | — | — | $1.1B | — |
| FY24 | — | $0.03 | — | — | $924.1M | — |
| FY23 | — | -$0.27 | — | — | $691.2M | — |
| FY22 | — | -$0.61 | — | — | $592.2M | — |
| FY21 | — | -$0.35 |
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 | $63.7M | $278.5M | $488.1M | $592.2M | $691.2M | $924.1M | $1.1B |
| YoY change | — | +337.4% | +75.3% | +21.3% | +16.7% | +33.7% | +22.8% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 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 | 63.7M | 278.5M | 488.1M | 592.2M | 691.2M | 924.1M | 1.1B |
| Cost of revenue | 32.9M | 190.9M | 332.1M | 414.7M | 465M | 602M | 741.7M |
| Gross profit | 30.8M | 87.6M | 156M | 177.5M | 226.1M | 322M | 392.8M |
| Gross margin | 48.3% | 31.5% | 32% | 30% | 32.7% | 34.9% | 34.6% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 52M | 219M | 246M | 288M | 248M | 265.5M | 265.4M |
| Operating expenses | 52M | 219M | 246M | 288M | 248M | 265.5M | 265.4M |
| Operating income | -22.3M | -133.4M | -94.3M | -124.8M | -51.6M | 24.3M | 87.4M |
| Operating margin | -35.1% | -47.9% | -19.3% | -21.1% | -7.47% | 2.63% | 7.71% |
| Non-operating income, net | — | 4.8M | 28.1M | — | — | — | -107.8M |
| Pretax income | -22.4M | -128.7M | -66.4M | -125.4M | -48.8M | 31.8M | -11.1M |
| Income tax | 0 | 2.9M | 4.7M | 9M | 11.2M | 24.6M | -85.1M |
| Net income | -22.4M | -131.6M | -71.1M | -134.3M | -60.1M | 7.2M | 74M |
| Net margin | -35.3% | -47.3% | -14.6% | -22.7% | -8.69% | 0.78% | 6.53% |
| EBITDA | -21.2M | -131.3M | -118.1M | -110.5M | -21.9M | 56.5M | 127.4M |
| EPS | -0.5 | -0.01 | -0.35 | -0.61 | -0.27 | 0.03 | 0.35 |
| Diluted EPS | -0.5 | -0.01 | -0.51 | -0.61 | -0.27 | 0.03 | 0.31 |
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 | 169.9M | 193.9M | 217.4M | 220.4M | 232.1M | 254.2M | 262.4M | 269.2M | 277.9M | 324.9M | 370.4M | 393.8M |
| Cost of revenue | 116.2M | 131.8M | 144.5M | 144.5M | 151.4M | 161.6M | 170.9M | 174.1M | 183.5M | 213.2M | 238.2M | 254.1M |
| Gross profit | 53.7M | 62M | 72.9M | 75.9M | 80.7M | 92.5M | 91.5M | 95.1M | 94.4M | 111.7M | 132.2M | 139.7M |
| Gross margin | 31.6% | 32% | 33.5% | 34.4% | 34.8% | 36.4% | 34.9% | 35.3% | 34% | 34.4% | 35.7% | 35.5% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 57M | 57.9M | 64.3M | 64.2M | 65.8M | 71.4M | 67.5M | 60.9M | 64.8M | 72.6M | 78.7M | 82.4M |
| Operating expenses | 57M | 57.9M | 64.3M | 64.2M | 65.8M | 71.4M | 67.5M | 60.9M | 64.8M | 72.6M | 78.7M | 82.4M |
| Operating income | -11.7M | -3.5M | 1.5M | 4.2M | 6.5M | 12.1M | 14.6M | 24.3M | 19.5M | 28.7M | 42.8M | 46.2M |
| Operating margin | -6.89% | -1.82% | 0.7% | 1.9% | 2.78% | 4.77% | 5.56% | 9.04% | 7.01% | 8.84% | 11.6% | 11.7% |
| Non-operating income, net | — | — | — | — | — | — | — | -112.7M | — | 5.3M | — | — |
| Pretax income | -10.9M | -2.2M | 3.1M | 6.1M | 8.5M | 14.1M | 16.3M | -86.2M | 22M | 36.8M | 45.8M | 49.7M |
| Income tax | 2.4M | 3.3M | 5.3M | 6.4M | 5.3M | 7.6M | 5.1M | -115M | 7.2M | 17.7M | 19.6M | 20.4M |
| Net income | -13.4M | -5.5M | -2.2M | -282K | 3.2M | 6.5M | 11.2M | 28.8M | 14.8M | 19.1M | 26.2M | 29.3M |
| Net margin | -7.87% | -2.81% | -1.02% | -0.13% | 1.4% | 2.55% | 4.27% | 10.7% | 5.34% | 5.89% | 7.08% | 7.44% |
| EBITDA | -3.3M | 4.1M | 8.6M | 11.8M | 14.9M | 21.2M | 24.1M | 34.2M | 29.7M | 39.2M | 53.5M | 57.3M |
| EPS | -0.06 | -0.02 | -0.01 | -0 | 0.01 | 0.02 | 0.06 | 0.18 | 0.06 | 0.05 | 0.09 | 0.1 |
| Diluted EPS | -0.06 | -0.02 | -0.01 | -0 | 0.01 | 0.02 | 0.05 | 0.12 | 0.06 | 0.05 | 0.08 | 0.1 |
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 | — | 943.5M | — | — | 307.6M | — | — | 4.5B |
| Enterprise value | — | 689.1M | — | — | 140.6M | — | — | 2.1B |
| Shares outstanding | 44.8M | 43.6M | 56.3M | 63.5M | 68.5M | 81.8M | 95.8M | 95.8M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 63.1 |
| P/S | — | 3.39 | — | — | 0.45 | — | — | 3.31 |
| P/B | — | -3.53 | — | — | 1.85 | — | — | 12.2 |
| EV/EBITDA | — | -5.25 | — | — | -6.43 | — | — | 11.8 |
| EV/Sales | — | 2.47 | — | — | 0.2 | — | — | 1.54 |
| Earnings yield | — | — | — | — | — | — | — | 1.59% |
| FCF yield | — | 1.05% | — | — | -12.1% | — | — | 2.81% |
| PEG | — | — | — | — | — | — | — | -1.42 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 48.3% | 31.5% | 32% | 30% | 32.7% | 34.9% | 34.6% | 35.5% |
| Operating margin | -35.1% | -47.9% | -19.3% | -21.1% | -7.47% | 2.63% | 7.71% | 11.7% |
| Net margin | -35.3% | -47.3% | -14.6% | -22.7% | -8.69% | 0.78% | 6.53% | 2.33% |
| ROE | 666.6% | 49.2% | -23.1% | -70.4% | -36.1% | 3.65% | 24.4% | 30.3% |
| ROA | -88.1% | -42.7% | -17.4% | -38.3% | -18.9% | 1.91% | 11.2% | 12.8% |
| ROIC | 217.3% | 25.6% | -332.8% | -956.3% | 5.7K% | -21.1% | -328.3% | 1.9K% |
| Return on tangible assets | -193.9% | -45.5% | -23.5% | -63.3% | -35.6% | 3.22% | 14.6% | 14.1% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.66 | 0.73 | 4.07 | 1.84 | 1.66 | 1.75 | 1.93 | 2.12 |
| Quick ratio | 0.66 | 0.73 | 4.07 | 1.84 | 1.66 | 1.75 | 1.93 | 2.12 |
| Debt / equity | 0 | -0 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Debt / assets | 0 | 0 | 0 | 0.01 | 0 | 0.01 | 0.01 | 0.01 |
| Net debt / EBITDA | 0.33 | 1.94 | 2.37 | 1.61 | 7.64 | -3.97 | -2.59 | -1.86 |
| Interest coverage | -181.5 | -952.5 | -504.2 | -217.8 | — | — | — | — |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 77.2% | 0% | 42% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.42 | 6.39 | 8.68 | 9.32 | 10.1 | 11.3 | 11.8 | 13.4 |
| EPS (basic) | -0.5 | -0.01 | -0.35 | -0.61 | -0.27 | 0.03 | 0.35 | 0.35 |
| EPS (diluted) | -0.5 | -0.01 | -0.51 | -0.61 | -0.27 | 0.03 | 0.31 | 0.31 |
| Book value per share | -0.08 | -6.13 | 5.47 | 3 | 2.42 | 2.42 | 3.17 | 1.6 |
| FCF per share | -0.18 | 0.23 | -1.47 | -1.39 | -0.54 | 0.94 | 1.37 | 1.25 |
| Cash per share | 0.15 | 5.87 | 4.99 | 2.83 | 2.46 | 2.8 | 3.51 | 2.99 |
| Capex per share | 0.01 | 0.04 | 0.07 | 0.07 | 0.02 | 0.01 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.68% | 0.67% | 0.79% | 0.7% | 0.19% | 0.1% | — | — |
| Capex / operating cash flow | -5.47% | 25.6% | -16.1% | -5.62% | 87.3% | 0.81% | — | — |
| Payout ratio | 0% | -3.94% | 0% | 0% | — | — | — | 0% |
| Dividend yield | — | 0.55% | — | — | — | — | — | — |
| — |
| — |
| $488.1M |
| — |
| FY20 | — | -$0.01 | — | — | $278.5M | — |
| FY19 | — | -$0.5 | — | — | $63.7M | — |
| Q4 23 |
|---|
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $169.9M | $193.9M | $217.4M | $220.4M | $232.1M | $254.2M | $262.4M | $269.2M | $277.9M | $324.9M | $370.4M | $393.8M |
| YoY change | +14.8% | +17.1% | +33.9% | +33.5% | +36.6% | +31.1% | +20.7% | +22.2% | +19.7% | +27.8% | +41.1% | +46.3% |
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 | 6.9M | 255.6M | 281M | 179.7M | 168.3M | 229.2M | 336.3M |
| Receivables | 1.9M | 779K | 5.8M | 11.2M | 10.5M | 14.9M | 15.9M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 17.2M | 294.5M | 341.8M | 264.5M | 228.6M | 285M | 406.8M |
| Property, plant & equipment | 581K | 3.1M | 8.8M | 11.6M | 9.9M | 9.7M | 10.8M |
| Goodwill & intangibles | 13.9M | 19.5M | 106.8M | 138.1M | 149.7M | 154.7M | 152.9M |
| Total assets | 25.5M | 308.6M | 408.7M | 350.3M | 318.6M | 379.5M | 658.5M |
| Accounts payable | 707K | 12M | 6.5M | 29.8M | 32.3M | 25.8M | 41.6M |
| Short-term debt | — | 226K | 509K | 722K | 621K | 2M | 2.4M |
| Total current liabilities | 26.1M | 401M | 83.9M | 143.9M | 137.7M | 163.1M | 210.3M |
| Long-term debt | 0 | 979K | 1.1M | 1.2M | 673K | 2.7M | 3.7M |
| Total liabilities | 28.9M | 575.9M | 101M | 159.5M | 152.5M | 181.2M | 355M |
| Shareholders' equity | -3.4M | -267.3M | 307.7M | 190.9M | 166.1M | 198.3M | 303.5M |
| Total debt | 0 | 1.2M | 1.7M | 1.9M | 1.3M | 4.6M | 6.1M |
| Net debt | -6.9M | -254.4M | -279.4M | -177.8M | -167M | -224.5M | -330.1M |
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 | 171.2M | 168.3M | 191.2M | 193.8M | 216.3M | 229.2M | 228.2M | 240.6M | 273.5M | 336.3M | 330.6M | 339.9M |
| Receivables | — | — | — | — | — | — | — | — | 21.9M | 15.9M | 26.6M | 25.4M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | 344.2M | 406.8M | 415.2M | 424.8M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | 11M | 10.8M | 9.9M | 7M |
| Goodwill & intangibles | — | — | — | — | 78M | — | — | 77.9M | 155.2M | 152.9M | 156.8M | 159.1M |
| Total assets | — | — | — | — | — | — | — | — | 593.2M | 658.5M | 677.3M | 793.3M |
| Accounts payable | — | — | — | — | — | — | — | — | 26.9M | 41.6M | 42.7M | 33.2M |
| Short-term debt | — | — | — | — | — | — | — | — | 2.2M | 2.4M | 2.5M | 2.5M |
| Total current liabilities | — | — | — | — | — | — | — | — | 179.9M | 210.3M | 212M | 200.8M |
| Long-term debt | — | — | — | — | — | — | — | — | 3.7M | 3.7M | 3.1M | 2.6M |
| Total liabilities | — | — | — | — | — | — | — | — | 318.8M | 355M | 358.7M | 454.4M |
| Shareholders' equity | — | — | — | — | — | — | — | — | 274.4M | 303.5M | 318.6M | 338.9M |
| Total debt | — | — | — | — | — | — | — | — | 5.8M | 6.1M | 5.5M | 5.1M |
| Net debt | — | — | — | — | — | — | — | — | -267.7M | -330.1M | -325M | -334.8M |
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 | -22.4M | -131.6M | -71.1M | -134.3M | -60.1M | 7.2M | 74M |
| Depreciation & amortization | 100K | 2.1M | 4.2M | 14.3M | 29.8M | 32.2M | 40M |
| Stock-based compensation | 13.4M | 144.7M | 24.9M | 18.7M | 30M | 35.3M | 26.3M |
| Change in working capital | 42K | -10.4M | 3.9M | 26.8M | 1.3M | 38.7M | 36.2M |
| Operating cash flow | -7.9M | 7.3M | -23.9M | -73.9M | 1.5M | 114.2M | 165M |
| Capital expenditure | -430K | -1.9M | -3.8M | -4.2M | -1.3M | -925K | — |
| Investing cash flow | -430K | -1.9M | -7.6M | -4.8M | -3.9M | -4.9M | -3.7M |
| Dividends paid | 0 | -5.2M | 0 | 0 | — | — | — |
| Share repurchases | — | 0 | -3.5M | 0 | 0 | — | -7.6M |
| Financing cash flow | 31.1M | 241.1M | 125.6M | -1.2M | -518K | -2.7M | -37.5M |
| Net change in cash | 22.8M | 246.5M | 94.1M | -80M | -2.9M | 106.6M | 123.8M |
| Free cash flow | -8.2M | 9.9M | -82.9M | -88.6M | -37.1M | 77M | 131.6M |
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 | -13.4M | -5.5M | -2.2M | -282K | 3.2M | 6.5M | 11.2M | 28.8M | 14.8M | 19.1M | 26.2M | 29.3M |
| Depreciation & amortization | 8.4M | 7.6M | 7.1M | 7.6M | 8.5M | 9.1M | 9.5M | 9.8M | 10.2M | 10.5M | 10.7M | 11.1M |
| Stock-based compensation | 7.4M | 7.4M | 8.4M | 9.7M | 8.5M | 8.7M | 8.8M | 6.1M | 6.4M | 5M | 6.7M | 7.3M |
| Change in working capital | 18.8M | -7M | 2.6M | 11.9M | -14.3M | 26.4M | -1.1M | -8.8M | 12.6M | 33.8M | -20.1M | 2.2M |
| Operating cash flow | 21.5M | 2.5M | 15.5M | 29M | 7.1M | 50.5M | 28.7M | 25.8M | 41.4M | 69.1M | 20.1M | 52.1M |
| Capital expenditure | -258K | -281K | -278K | -352K | -124K | -171K | -161K | — | — | — | — | — |
| Investing cash flow | -396K | -3.5M | -537K | -669K | -124K | -171K | -161K | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | -5.2M | -2.5M | 0 | 0 | 0 | -28.8M |
| Financing cash flow | -128K | -143K | -182K | -273K | -294K | -810K | -27.2M | -6.7M | -552K | -3.1M | -23.1M | -39.3M |
| Net change in cash | 20.9M | -1.1M | 14.7M | 28.1M | 6.7M | 49.5M | 1.4M | 19.1M | 40.9M | 66M | -3M | 12.7M |
| Free cash flow | 23.5M | -5.4M | 23.9M | 10.8M | 21.6M | 20.8M | 21.2M | 16.7M | 30.3M | 63.6M | 10.9M | 40.7M |