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 | $0.02 | $0.02 | 0.0% | — | $98.7M | — |
| Q3 25 | $0.03 | $0.04 | +33.3% | — | $81.9M | — |
| Q2 25 | $0.02 | $0.02 | 0.0% | — | $81.1M | — |
| Q1 25 | $0.01 | $0.03 | +200.0% | — | $82.4M | — |
| Q4 24 | $0.08 | $0.06 | -25.0% | — | $93.5M | — |
| Q3 24 | $0.02 | $0.03 | +50.0% | — | $78.8M | — |
| Q2 24 | $0.03 | $0.04 | +33.3% | — | $78.7M | — |
| Q1 24 | $0.02 | $0.04 | +100.0% | — | $76.4M | — |
| Q4 23 | $0.04 | $0.07 | +75.0% | — | $84.1M | — |
| Q3 23 | -$0.04 | -$0.02 | +50.0% | — | $71.9M | — |
| Q4 22 | -$0.05 | $0.03 | +160.0% | — | $79.3M | — |
| Q3 22 | -$0.15 | -$0.05 | +66.7% | — | $63.2M | — |
| Q2 22 | -$0.15 | -$0.08 | +46.7% | — | $59.9M | — |
| Q1 22 | -$0.14 | -$0.08 | +42.9% | — | $58.8M | — |
| Q4 21 | -$0.12 | -$0.04 | +66.7% | — | $69.8M | — |
| Q3 21 | -$0.38 | -$0.48 | -26.3% | — | $52.5M | — |
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 | — | -$0.18 | — | — | $344.6M | — |
| FY24 | — | -$0.2 | — | — | $327.5M | — |
| FY23 | — | -$0.33 | — | — | $297.6M | — |
| FY22 | — | -$0.62 | — | — | $261.2M | — |
| FY21 | — |
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 | $130.6M | $169.7M | $229.1M | $261.2M | $297.6M | $327.5M | $344.6M |
| YoY change | — | +30% | +35% | +14% | +13.9% | +10% | +5.23% |
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 | 130.6M | 169.7M | 229.1M | 261.2M | 297.6M | 327.5M | 344.6M |
| Cost of revenue | 64.9M | 76.9M | 106.2M | 126.2M | 145.1M | 156.6M | 166.6M |
| Gross profit | 65.7M | 92.8M | 123M | 135.1M | 152.5M | 170.9M | 178.1M |
| Gross margin | 50.3% | 54.7% | 53.7% | 51.7% | 51.2% | 52.2% | 51.7% |
| Research & development | 25M | 36.6M | 55.3M | 72M | 71.6M | 68.1M | 69.4M |
| Selling, general & administrative | 54.5M | 63M | 123.6M | 172.4M | 157.8M | 150.7M | 141.4M |
| Operating expenses | 79.6M | 99.6M | 178.9M | 244.4M | 229.4M | 218.8M | 210.8M |
| Operating income | -13.9M | -6.8M | -55.9M | -109.3M | -76.8M | -47.9M | -34M |
| Operating margin | -10.6% | -4.01% | -24.4% | -41.9% | -25.8% | -14.6% | -9.88% |
| Non-operating income, net | 122K | -3.6M | -122.5M | 505K | 837K | -818K | -637K |
| Pretax income | -13.7M | -10.3M | -177.9M | -98.7M | -53.2M | -28.5M | -21.2M |
| Income tax | 475K | 1.1M | 1.6M | 6M | 5.8M | 6.4M | 6.4M |
| Net income | -14.2M | -11.3M | -179.4M | -104.7M | -59M | -34.9M | -27.6M |
| Net margin | -10.9% | -6.68% | -78.3% | -40.1% | -19.8% | -10.7% | -8% |
| EBITDA | -13.2M | -5.4M | -53.5M | -105.1M | -71.7M | -43M | -30.5M |
| EPS | -0.09 | -0.07 | -2.34 | -0.62 | -0.33 | -0.2 | -0.18 |
| Diluted EPS | -0.09 | -0.07 | -2.34 | -0.62 | -0.33 | -0.2 | -0.18 |
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 | 71.9M | 84.1M | 76.4M | 78.7M | 78.8M | 93.5M | 82.4M | 81.1M | 81.9M | 99.3M | 88.3M | 98.7M |
| Cost of revenue | 40.7M | 35.5M | 34.3M | 37.7M | 39.9M | 44.7M | 41.9M | 41.3M | 40.8M | 42.5M | 42.4M | 53.7M |
| Gross profit | 31.1M | 48.5M | 42.1M | 41M | 39M | 48.9M | 40.5M | 39.8M | 41.1M | 56.8M | 45.9M | 45M |
| Gross margin | 43.3% | 57.7% | 55.1% | 52.1% | 49.4% | 52.2% | 49.1% | 49% | 50.2% | 57.2% | 52% | 45.6% |
| Research & development | 17.4M | 17.1M | 17.8M | 17.1M | 16.7M | 16.5M | 18.1M | 17.2M | 17M | 17.2M | 17.5M | 17.5M |
| Selling, general & administrative | 39M | 38M | 40.3M | 38.1M | 36.6M | 35.7M | 39.4M | 35.6M | 33M | 33.4M | 34.3M | 34.9M |
| Operating expenses | 56.4M | 55.1M | 58M | 55.2M | 53.3M | 52.3M | 57.5M | 52.8M | 50M | 50.5M | 51.8M | 52.4M |
| Operating income | -25.2M | -6.6M | -15.9M | -14.2M | -14.3M | -3.4M | -17.1M | -13M | -9M | 5M | -5.9M | -7.4M |
| Operating margin | -35.1% | -7.81% | -20.8% | -18% | -18.2% | -3.65% | -20.7% | -16% | -10.9% | 5.01% | -6.68% | -7.51% |
| Non-operating income, net | -193K | -218K | -160K | 337K | 220K | -1.2M | 844K | -471K | -328K | -682K | -469K | -1.6M |
| Pretax income | -19.7M | -788K | -10.3M | -8.5M | -9.1M | -651K | -12.5M | -9.9M | -6M | 7.2M | -3.9M | -7.1M |
| Income tax | 1.2M | 2.5M | 1.3M | 1M | 639K | 3.4M | 1.4M | 1.7M | 1.8M | 1.4M | 510K | 2M |
| Net income | -20.9M | -3.3M | -11.6M | -9.5M | -9.7M | -4.1M | -13.9M | -11.6M | -7.8M | 5.8M | -4.4M | -9.1M |
| Net margin | -29.1% | -3.88% | -15.2% | -12.1% | -12.3% | -4.37% | -16.9% | -14.4% | -9.54% | 5.8% | -5.02% | -9.23% |
| EBITDA | -23.9M | -5.3M | -14.6M | -12.9M | -13.1M | -2.2M | -16.1M | -12.1M | -8.1M | 5.8M | -5M | -6.6M |
| EPS | -0.12 | — | -0.07 | -0.05 | -0.06 | -0.02 | -0.09 | -0.07 | -0.05 | 0.04 | -0.03 | -0.07 |
| Diluted EPS | -0.12 | — | -0.07 | -0.05 | -0.06 | -0.02 | -0.09 | -0.07 | -0.05 | 0.04 | -0.03 | -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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 827.3M | 808.4M | 782.6M | 1B |
| Enterprise value | — | — | — | — | 383.8M | 459.9M | 510M | 827.2M |
| Shares outstanding | 157.6M | 157.6M | 76.5M | 167.7M | 176.8M | 170.9M | 157.5M | 157.5M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -42.8 |
| P/S | — | — | — | — | 2.78 | 2.47 | 2.27 | 2.79 |
| P/B | — | — | — | — | 1.68 | 2.11 | 2.65 | 4.91 |
| EV/EBITDA | — | — | — | — | -5.35 | -10.7 | -16.7 | -44.2 |
| EV/Sales | — | — | — | — | 1.29 | 1.4 | 1.48 | 2.25 |
| Earnings yield | — | — | — | — | — | — | — | -2.34% |
| FCF yield | — | — | — | — | 0.72% | 4.83% | 4.23% | 5.23% |
| PEG | — | — | — | — | — | — | — | 20.1 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 50.3% | 54.7% | 53.7% | 51.7% | 51.2% | 52.2% | 51.7% | 45.6% |
| Operating margin | -10.6% | -4.01% | -24.4% | -41.9% | -25.8% | -14.6% | -9.88% | -7.51% |
| Net margin | -10.9% | -6.68% | -78.3% | -40.1% | -19.8% | -10.7% | -8% | -4.23% |
| ROE | 34.9% | 26.2% | -33.9% | -21.2% | -12% | -9.13% | -9.35% | -5.69% |
| ROA | -12.9% | -6.28% | -29.9% | -17.3% | -9.81% | -7.04% | -6.71% | -3.4% |
| ROIC | 12.6% | 4.23% | -218.6% | -194.6% | -159.4% | -141.7% | -153.3% | -188.6% |
| Return on tangible assets | -12.9% | -6.28% | -29.9% | -17.3% | -9.81% | -7.04% | -6.71% | -4.7% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.7 | 3.15 | 9.05 | 7.3 | 7.62 | 6.15 | 5.03 | 3.62 |
| Quick ratio | 2.7 | 3.15 | 9.05 | 7.3 | 7.62 | 6.15 | 5.03 | 3.62 |
| Debt / equity | — | — | 0 | 0.08 | 0.06 | 0.07 | 0.08 | 0.11 |
| Debt / assets | — | — | 0 | 0.06 | 0.05 | 0.06 | 0.06 | 0.07 |
| Net debt / EBITDA | — | — | 9.41 | 4.17 | 6.18 | 8.11 | 8.94 | 14.4 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.83 | 1.08 | 3 | 1.56 | 1.68 | 1.92 | 2.19 | 2.47 |
| EPS (basic) | -0.09 | -0.07 | -2.34 | -0.62 | -0.33 | -0.2 | -0.18 | -0.18 |
| EPS (diluted) | -0.09 | -0.07 | -2.34 | -0.62 | -0.33 | -0.2 | -0.18 | -0.11 |
| Book value per share | -0.26 | -0.27 | 6.92 | 2.95 | 2.78 | 2.24 | 1.87 | 1.58 |
| FCF per share | 0.01 | -0.04 | -0.44 | -0.2 | 0.03 | 0.23 | 0.21 | 0.33 |
| Cash per share | 0.44 | 0.75 | 6.58 | 2.84 | 2.69 | 2.2 | 1.89 | 1.69 |
| Capex per share | 0.01 | 0.01 | 0.16 | 0.04 | 0.01 | 0 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.62% | 0.89% | 5.35% | 2.34% | 0.46% | 0.17% | — | — |
| Capex / operating cash flow | 117.7% | -22.4% | -10.6% | -16.3% | 46.9% | 1.9% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| -$2.34 |
| — |
| — |
| $229.1M |
| — |
| FY20 | — | -$0.07 | — | — | $169.7M | — |
| FY19 | — | -$0.09 | — | — | $130.6M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $71.9M | $84.1M | $76.4M | $78.7M | $78.8M | $93.5M | $82.4M | $81.1M | $81.9M | $99.3M | $88.3M | $98.7M |
| YoY change | +13.8% | +6.01% | +10.9% | +8.2% | +9.71% | +11.3% | +7.83% | +2.96% | +3.82% | +6.2% | +7.14% | +21.8% |
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 | 69.7M | 117.6M | 503.3M | 475.7M | 474.8M | 376.1M | 297.6M |
| Receivables | 24.7M | 37.2M | 35.5M | 37.5M | 46.9M | 47.8M | 48.5M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 100.9M | 163.5M | 565.1M | 529.9M | 532.3M | 433.7M | 355.9M |
| Property, plant & equipment | 4.1M | 4.6M | 17M | 53.7M | 45.4M | 38M | 32.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — |
| Total assets | 110.1M | 180.6M | 600.6M | 607M | 601.9M | 495.9M | 410.6M |
| Accounts payable | 4.9M | 1.5M | 228K | 2.1M | 2.6M | 2.3M | 1.9M |
| Short-term debt | — | — | — | 6.2M | 5.6M | 5.6M | 6.1M |
| Total current liabilities | 37.3M | 51.9M | 62.4M | 72.6M | 69.8M | 70.5M | 70.7M |
| Long-term debt | — | — | 0 | 31.2M | 25.7M | 21.9M | 18.9M |
| Total liabilities | 150.7M | 223.9M | 71.8M | 112.5M | 110.2M | 113.6M | 115.8M |
| Shareholders' equity | -40.6M | -43.3M | 528.9M | 494.4M | 491.7M | 382.3M | 294.8M |
| Total debt | — | — | 0 | 37.4M | 31.3M | 27.5M | 25M |
| Net debt | — | — | -418.1M | -151.3M | -409.5M | -343.5M | -137.1M |
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 | 450.5M | 474.8M | 455.2M | 422.2M | 389.8M | 376.1M | 357.1M | 339.1M | 325.1M | 297.6M | 276.3M | 223.6M |
| Receivables | 30.8M | 46.9M | 33.7M | 40.1M | 34.3M | 47.8M | 32.1M | 33.4M | 30.8M | 48.5M | 34.1M | 43.2M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 493.7M | 532.3M | 500.2M | 472.2M | 433.8M | 433.7M | 399.5M | 387.1M | 366.4M | 355.9M | 322.6M | 279.7M |
| Property, plant & equipment | 47.2M | 45.4M | 43.4M | 41.6M | 39.6M | 38M | 36.5M | 35.1M | 33.6M | 32.2M | 30.6M | 29.2M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 592.5M | 601.9M | 567M | 536.4M | 494.8M | 495.9M | 459.8M | 445.5M | 421.7M | 410.6M | 374.9M | 331.5M |
| Accounts payable | 2.6M | 2.6M | 2.1M | 1.8M | 2M | 2.3M | 2M | 1.4M | 2.1M | 1.9M | 1.2M | 2.5M |
| Short-term debt | 5.5M | 5.6M | 5.5M | 5.4M | 5.5M | 5.6M | 5.5M | 5.9M | 5.9M | 6.1M | 6.1M | 6.3M |
| Total current liabilities | 65.3M | 69.8M | 60.2M | 61.1M | 60.8M | 70.5M | 57.4M | 62M | 60.6M | 70.7M | 58.1M | 77.3M |
| Long-term debt | 25.9M | 25.7M | 24.4M | 23M | 22.8M | 21.9M | 20.6M | 20.7M | 19.7M | 18.9M | 17.8M | 17.2M |
| Total liabilities | 103.6M | 110.2M | 100.6M | 101.2M | 101.3M | 113.6M | 100.4M | 107.1M | 105.4M | 115.8M | 102.7M | 122.3M |
| Shareholders' equity | 488.9M | 491.7M | 466.4M | 435.2M | 393.5M | 382.3M | 359.3M | 338.4M | 316.3M | 294.8M | 272.2M | 209.2M |
| Total debt | 31.4M | 31.3M | 29.9M | 28.5M | 28.3M | 27.5M | 26.1M | 26.6M | 25.7M | 25M | 23.9M | 23.5M |
| Net debt | -404.1M | -409.5M | -391.7M | -360.2M | -328.1M | -343.5M | -260.8M | -238.5M | -203.2M | -137.1M | -116M | -81.7M |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -14.2M | -11.3M | -179.4M | -104.7M | -59M | -34.9M | -27.6M |
| Depreciation & amortization | 715K | 1.4M | 2.4M | 4.3M | 5.1M | 4.9M | 3.5M |
| Stock-based compensation | 11.2M | 7.9M | 33.4M | 67.5M | 62.4M | 57.8M | 51.6M |
| Change in working capital | 3.7M | -8.8M | 2.4M | -11.6M | -22.5M | -16M | -14.5M |
| Operating cash flow | 1.8M | -6.7M | -115.5M | -37.7M | 2.9M | 28.8M | 33.9M |
| Capital expenditure | -2.1M | -1.5M | -12.3M | -6.1M | -1.4M | -546K | — |
| Investing cash flow | -1.7M | -15.5M | -83.2M | -208.1M | 251.6M | 27.8M | -132.1M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | 0 | -13.2M | -141.1M | -106.2M |
| Financing cash flow | 45.6M | 53.4M | 413.8M | -204K | -13.2M | -141.1M | -115.7M |
| Net change in cash | 45.6M | 31.2M | 215.1M | -246M | 241.3M | -84.6M | -213.9M |
| Free cash flow | 1.3M | -6.1M | -33.8M | -34.3M | 5.9M | 39.1M | 33.1M |
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 | -20.9M | -3.3M | -11.6M | -9.5M | -9.7M | -4.1M | -13.9M | -11.6M | -7.8M | 5.8M | -4.4M | -9.1M |
| Depreciation & amortization | 1.3M | 1.3M | 1.3M | 1.3M | 1.2M | 1.2M | 956K | 875K | 862K | 854K | 849K | 857K |
| Stock-based compensation | 15.3M | 14.9M | 15.5M | 15M | 13.9M | 13.4M | 14.3M | 12.9M | 12.9M | 11.5M | 11M | 10.4M |
| Change in working capital | 3M | -12M | 2.3M | -10.1M | 3.3M | -11.5M | 89K | -4M | -664K | -9.9M | -3M | 1.9M |
| Operating cash flow | 3.6M | 5.6M | 11M | 1.9M | 12.2M | 3.6M | 5.3M | 5.6M | 13.5M | 10.9M | 9.5M | 13.3M |
| Capital expenditure | -826K | -281K | -178K | -224K | -22K | -122K | -192K | — | — | — | -350K | -200K |
| Investing cash flow | 45.1M | 9.7M | -178K | -224K | -22K | 28.2M | -65.9M | -4.4M | -22.4M | -39.6M | -2.3M | 17.1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | -30.4M | -39M | -47M | -24.6M | -20.7M | -23.3M | -25.3M | -37M | -27.6M | -64.2M |
| Financing cash flow | 0 | — | -30.4M | -39M | -47M | -24.6M | -22.9M | -25.5M | -27.7M | -39.5M | -30.1M | -66M |
| Net change in cash | 48.7M | 15.4M | -19.6M | -37.3M | -34.8M | 7.2M | -83.5M | -24.3M | -36.7M | -68.2M | -22.9M | -35.6M |
| Free cash flow | 3.7M | 7.1M | 10.5M | 4.1M | 13.9M | 10.6M | 3.6M | 5.3M | 13.4M | 10.7M | 9M | 12.9M |