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 | -$0.12 | -$0.15 | -25.0% | — | $192.7M | — |
| Q1 26 | -$0.18 | -$0.21 | -16.7% | — | $161.5M | — |
| Q4 25 | -$0.25 | -$0.25 | 0.0% | — | $155.2M | — |
| Q3 25 | -$0.1 | -$0.18 | -80.0% | — | $172.4M | — |
| Q2 25 | -$0.05 | -$0.08 | -60.0% | — | $185.6M | — |
| Q1 25 | -$0.17 | -$0.13 | +23.5% | — | $166.3M | — |
| Q4 24 | -$0.18 | -$0.13 | +27.8% | — | $160.9M | — |
| Q3 24 | -$0.11 | -$0.07 | +36.4% | — | $173.4M | — |
| Q1 24 | -$0.14 | -$0.12 | +14.3% | — | $157.8M | — |
| Q4 23 | -$0.22 | -$0.23 | -4.5% | — | $153M | — |
| Q3 23 | -$0.16 | -$0.21 | -31.2% | — | $153.4M | — |
| Q2 23 | -$0.16 | -$0.19 | -18.8% | — | $152.5M | — |
| Q1 23 | -$0.35 | -$0.29 | +17.1% | — | $125.1M | — |
| Q4 22 | -$0.35 | -$0.44 | -25.7% | — | $118.6M | — |
| Q3 22 | -$0.37 | -$0.33 | +10.8% | — | $124M | — |
| Q2 22 | -$0.36 | -$0.36 | 0.0% | — | $124.9M | — |
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 | — | -$1.14 | — | — | $679.5M | — |
| FY24 | — | -$0.79 | — | — | $676.8M | — |
| FY23 | — | -$1.01 | — | — | $584M | — |
| FY22 | — | -$1.73 | — | — | $470.1M | — |
| 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 | $274.2M | $220.6M | $339.9M | $470.1M | $584M | $676.8M | $679.5M |
| YoY change | — | -19.5% | +54.1% | +38.3% | +24.2% | +15.9% | +0.39% |
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 | 274.2M | 220.6M | 339.9M | 470.1M | 584M | 676.8M | 679.5M |
| Cost of revenue | 230.2M | 229.3M | 299.5M | 400.8M | 482.1M | 543.9M | 575.9M |
| Gross profit | 44M | -8.7M | 40.4M | 69.3M | 101.9M | 132.9M | 103.5M |
| Gross margin | 16% | -3.94% | 11.9% | 14.7% | 17.5% | 19.6% | 15.2% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 88.8M | 99.1M | 125M | 187.4M | 146.8M | 149.9M | 143.4M |
| Operating expenses | 94.2M | 103.7M | 134.2M | 198.9M | 156M | 149.9M | 143.4M |
| Operating income | -64.3M | -134.7M | -120.2M | -164.6M | -104.3M | -84.3M | -111.4M |
| Operating margin | -23.4% | -61.1% | -35.4% | -35% | -17.9% | -12.5% | -16.4% |
| Non-operating income, net | -6.3M | -7.1M | -33.2M | -29.6M | -21.5M | -18M | -29.1M |
| Pretax income | -67.9M | -141.2M | -153M | -189.1M | -113M | -91.7M | -134M |
| Income tax | 0 | 0 | 147K | 1.3M | 379K | -1.3M | 46K |
| Net income | -67.9M | -141.2M | -153.2M | -190.4M | -113.4M | -90.4M | -134.1M |
| Net margin | -24.8% | -64% | -45.1% | -40.5% | -19.4% | -13.4% | -19.7% |
| EBITDA | -42.6M | -107.1M | -103.2M | -113.8M | -35.4M | -11.8M | -33.5M |
| EPS | -0.77 | -1.61 | -5.51 | -1.73 | -1.01 | -0.79 | -1.14 |
| Diluted EPS | -0.77 | -1.61 | -5.51 | -1.73 | -1.01 | -0.79 | -1.14 |
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 | 153.4M | 153M | 157.8M | 184.6M | 173.4M | 160.9M | 166.3M | 185.6M | 172.4M | 155.2M | 161.5M | 192.7M |
| Cost of revenue | 124.3M | 128.2M | 129.3M | 143.1M | 138.5M | 133M | 136.6M | 150.5M | 149.9M | 139M | 145.3M | 167.5M |
| Gross profit | 29.1M | 24.8M | 28.5M | 41.5M | 34.9M | 28M | 29.7M | 35.1M | 22.5M | 16.2M | 16.2M | 25.2M |
| Gross margin | 19% | 16.2% | 18.1% | 22.5% | 20.1% | 17.4% | 17.9% | 18.9% | 13.1% | 10.4% | 10% | 13.1% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 36M | 35.5M | 36.9M | 39.2M | 36.8M | 37.1M | 38.3M | 34.5M | 30.9M | 39.7M | 29.3M | 29.7M |
| Operating expenses | 38.5M | 36.6M | 38.3M | 40.3M | 36.8M | 37.1M | 38.3M | 34.5M | 30.9M | 39.7M | 29.3M | 29.7M |
| Operating income | -22.5M | -26.9M | -24.8M | -14.4M | -18.7M | -26.4M | -25.8M | -17.4M | -26.7M | -41.6M | -31.7M | -23.3M |
| Operating margin | -14.7% | -17.6% | -15.7% | -7.81% | -10.8% | -16.4% | -15.5% | -9.36% | -15.5% | -26.8% | -19.6% | -12.1% |
| Non-operating income, net | -5.6M | -4.2M | -4.2M | -2.7M | -4.7M | -6.4M | -1.1M | -7.4M | -10.9M | -9.8M | 157.9M | -4.1M |
| Pretax income | -24.7M | -28M | -26M | -14.4M | -20.7M | -30.6M | -24.9M | -23.1M | -36.1M | -49.9M | 127.6M | -26.3M |
| Income tax | 318K | -575K | 90K | 90K | 90K | -1.6M | 90K | 90K | 90K | -224K | 1.8M | 12K |
| Net income | -25.1M | -27.4M | -26.1M | -14.5M | -20.8M | -29M | -25M | -23.2M | -36.1M | -49.7M | 125.8M | -26.3M |
| Net margin | -16.3% | -17.9% | -16.5% | -7.83% | -12% | -18% | -15.1% | -12.5% | -21% | -32% | 77.9% | -13.6% |
| EBITDA | -5.1M | -9.4M | -7.4M | 4.8M | -1.4M | -7.4M | -5.1M | 4.5M | -8.2M | -24.3M | -11.7M | -2.8M |
| EPS | -0.22 | -0.24 | -0.23 | -0.13 | -0.18 | -0.25 | -0.21 | -0.2 | -0.31 | -0.42 | 1.06 | -0.22 |
| Diluted EPS | -0.22 | -0.24 | -0.23 | -0.13 | -0.18 | -0.25 | -0.21 | -0.2 | -0.31 | -0.42 | 1.05 | -0.22 |
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 | — | — | — | — | 1.3B | 3.7B | 797.4M | 980.9M |
| Enterprise value | — | — | — | — | 1.3B | 3.8B | 1.1B | 1.2B |
| Shares outstanding | 87.7M | 87.7M | 27.8M | 110.1M | 111.9M | 114.3M | 118M | 118M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 91.6 |
| P/S | — | — | — | — | 2.17 | 5.42 | 1.17 | 1.44 |
| P/B | — | — | — | — | 2.62 | 8.22 | 2.24 | 2.1 |
| EV/EBITDA | — | — | — | — | -37 | -320.6 | -31.7 | -20.1 |
| EV/Sales | — | — | — | — | 2.24 | 5.59 | 1.56 | 1.75 |
| Earnings yield | — | — | — | — | — | — | — | 1.09% |
| FCF yield | — | — | — | — | -5.48% | -1.33% | -15.9% | -6.3% |
| PEG | — | — | — | — | — | — | — | 9.16 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 16% | -3.94% | 11.9% | 14.7% | 17.5% | 19.6% | 15.2% | 13.1% |
| Operating margin | -23.4% | -61.1% | -35.4% | -35% | -17.9% | -12.5% | -16.4% | -12.6% |
| Net margin | -24.8% | -64% | -45.1% | -40.5% | -19.4% | -13.4% | -19.7% | 2% |
| ROE | 39.2% | 45.9% | -23.5% | -35.2% | -23.5% | -20.3% | -37.6% | 3.07% |
| ROA | -17.6% | -53.2% | -20.1% | -21% | -13.2% | -10.5% | -17% | -9.04% |
| ROIC | 15.2% | 32.9% | -66.3% | -32.2% | -19.8% | -15% | -17.9% | -16.2% |
| Return on tangible assets | -18.7% | -61.1% | -24.5% | -24.5% | -15.5% | -12.3% | -18.8% | 1.67% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 7.95 | 3.19 | 10.7 | 4.77 | 3.02 | 2.02 | 1.09 | 1.43 |
| Quick ratio | 7.92 | 3.17 | 10.6 | 4.75 | 2.99 | 2.01 | 1.07 | 1.41 |
| Debt / equity | — | — | 0 | 0.56 | 0.63 | 0.74 | 1 | 0.76 |
| Debt / assets | — | — | 0 | 0.33 | 0.35 | 0.39 | 0.45 | 0.4 |
| Net debt / EBITDA | — | — | 4.57 | 0.27 | -1.29 | -9.83 | -7.91 | -4.54 |
| Interest coverage | -770.8 | -348.6 | -1.8K | -2.3K | -881.9 | -357.1 | -7.1K | 148.4 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10.8% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.13 | 2.52 | 12.2 | 4.27 | 5.22 | 5.92 | 5.76 | 5.75 |
| EPS (basic) | -0.77 | -1.61 | -5.51 | -1.73 | -1.01 | -0.79 | -1.14 | -1.14 |
| EPS (diluted) | -0.77 | -1.61 | -5.51 | -1.73 | -1.01 | -0.79 | -1.14 | 0.09 |
| Book value per share | -1.98 | -3.51 | 23.5 | 4.91 | 4.31 | 3.9 | 3.02 | 3.93 |
| FCF per share | -0.93 | -1.68 | -5.66 | -1.32 | -0.62 | -0.43 | -1.08 | -1.04 |
| Cash per share | 2.84 | 1.17 | 17 | 3.01 | 2.3 | 1.88 | 0.76 | 1.2 |
| Capex per share | 0.45 | 0.55 | 3.04 | 0.88 | 0.8 | 0.74 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 14.3% | 21.8% | 24.9% | 20.6% | 15.4% | 12.5% | — | — |
| Capex / operating cash flow | -92.8% | -46.2% | -109.2% | -235.9% | 411.8% | 231.9% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| -$5.51 |
| — |
| — |
| $339.9M |
| — |
| FY20 | — | -$1.61 | — | — | $220.6M | — |
| FY19 | — | -$0.77 | — | — | $274.2M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $153.4M | $153M | $157.8M | $184.6M | $173.4M | $160.9M | $166.3M | $185.6M | $172.4M | $155.2M | $161.5M | $192.7M |
| YoY change | +23.7% | +29.1% | +26.2% | +21.1% | +13% | +5.15% | +5.36% | +0.51% | -0.6% | -3.55% | -2.88% | +3.81% |
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 | 249.3M | 102.6M | 472M | 331.6M | 257.2M | 214.8M | 89.2M |
| Receivables | 2.4M | 1.1M | 2.6M | 3.2M | 3.5M | 5M | 5.2M |
| Inventory | 831K | 620K | 903K | 1.4M | 2.1M | 2M | 2.4M |
| Total current assets | 261.6M | 115.9M | 506.7M | 346.1M | 276.1M | 234.5M | 129.7M |
| Property, plant & equipment | 107.8M | 127.2M | 180.7M | 489.3M | 510.9M | 554M | 611.2M |
| Goodwill & intangibles | 24M | 34.4M | 137.7M | 133.1M | 126.8M | 120M | 76.4M |
| Total assets | 386.4M | 265.7M | 762.6M | 908.9M | 856.6M | 856.8M | 788.1M |
| Accounts payable | 8.3M | 6.2M | 11.2M | 12.2M | 17.4M | 18.7M | 19.9M |
| Short-term debt | — | — | — | 29.6M | 31.4M | 41.8M | 41.6M |
| Total current liabilities | 32.9M | 36.3M | 47.5M | 72.5M | 91.6M | 115.8M | 118.7M |
| Long-term debt | — | — | 0 | 271.1M | 271.4M | 288.9M | 312.9M |
| Total liabilities | 559.6M | 573M | 109.5M | 367.7M | 374M | 410.6M | 432M |
| Shareholders' equity | -173.2M | -307.4M | 653.1M | 541.2M | 482.6M | 446.1M | 356.1M |
| Total debt | — | — | 0 | 300.7M | 302.9M | 330.7M | 354.5M |
| Net debt | — | — | -472M | -30.9M | 45.6M | 115.9M | 265.3M |
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 | 274.7M | 257.2M | 243.8M | 244.6M | 234.6M | 214.8M | 183.9M | 168.5M | 130M | 89.2M | 156.8M | 142.6M |
| Receivables | 9.9M | 3.5M | 5.6M | 6.5M | 7.1M | 5M | 7.9M | 6.7M | 6.8M | 5.2M | 7M | 5.7M |
| Inventory | 3.3M | 2.1M | 1.9M | 2M | 2.1M | 2M | 2.1M | 2.4M | 2.4M | 2.4M | 2.6M | 2.9M |
| Total current assets | 298.7M | 276.1M | 263.7M | 265.8M | 255.3M | 234.5M | 206.2M | 190.3M | 149.7M | 129.7M | 175.3M | 163.9M |
| Property, plant & equipment | 510.2M | 510.9M | 510.7M | 525.5M | 285.3M | 554M | 560.6M | 573.5M | 608.3M | 611.2M | 604.1M | 597.3M |
| Goodwill & intangibles | 129M | 126.8M | 124.7M | 123.2M | 121M | 120M | 119.2M | 117.4M | 115.1M | 76.4M | 76.1M | 75.4M |
| Total assets | 879.9M | 856.6M | 842.7M | 859.2M | 858M | 856.8M | 834.3M | 831.9M | 824.8M | 788.1M | 912.7M | 895.7M |
| Accounts payable | 13.6M | 17.4M | 19.7M | 21.6M | 18.1M | 18.7M | 18.4M | 20.4M | 19M | 19.9M | 17.4M | 14.1M |
| Short-term debt | 30.6M | 31.4M | 32.3M | 33.5M | 34.7M | 41.8M | 37.7M | 40M | 41.7M | 41.6M | 42.2M | 42.3M |
| Total current liabilities | 81.1M | 91.6M | 87.3M | 97.6M | 98.5M | 115.8M | 104.8M | 104.5M | 115.9M | 118.7M | 109.1M | 114.3M |
| Long-term debt | 272M | 271.4M | 272.1M | 277.4M | 279.8M | 288.9M | 291.7M | 298.8M | 314.7M | 312.9M | 313.9M | 313.1M |
| Total liabilities | 379.5M | 374M | 372.4M | 389M | 394.7M | 410.6M | 401.6M | 408.6M | 431.5M | 432M | 423.8M | 428M |
| Shareholders' equity | 500.3M | 482.6M | 470.3M | 470.1M | 463.3M | 446.1M | 432.8M | 423.3M | 393.3M | 356.1M | 488.9M | 467.6M |
| Total debt | 302.6M | 302.9M | 304.4M | 310.9M | 314.5M | 330.7M | 329.4M | 338.7M | 356.4M | 354.5M | 356.1M | 355.4M |
| Net debt | 27.8M | 45.6M | 60.6M | 66.3M | 79.8M | 115.9M | 145.5M | 170.3M | 226.4M | 265.3M | 199.3M | 212.8M |
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 | -67.9M | -141.2M | -153.2M | -190.4M | -113.4M | -90.4M | -134.1M |
| Depreciation & amortization | 19.4M | 26.9M | 35.5M | 46.5M | 59.5M | 68.3M | 72.5M |
| Stock-based compensation | 3.9M | 4.9M | 28.9M | 78.7M | 49.5M | 39M | 36.5M |
| Change in working capital | 1.9M | 4.8M | 6.7M | -19.9M | -13.1M | -18M | -39.4M |
| Operating cash flow | -42.3M | -104.2M | -77.4M | -41.1M | 21.8M | 36.4M | -12.7M |
| Capital expenditure | -39.3M | -48.1M | -84.5M | -96.9M | -89.7M | -84.5M | — |
| Investing cash flow | -45.1M | -49.7M | -89.3M | -96.6M | -89.5M | -84.5M | 54K |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | 0 | 0 | -166K | -2K | -259K |
| Financing cash flow | 148.9M | 0 | 505.5M | -126K | -10.6M | -3.9M | -259K |
| Net change in cash | 61.5M | -153.9M | 338.8M | -137.8M | -78.4M | -51.9M | -12.9M |
| Free cash flow | -81.9M | -147.2M | -157.3M | -145.4M | -69.3M | -48.8M | -127M |
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 | -25.1M | -27.4M | -26.1M | -14.5M | -20.8M | -29M | -25M | -23.2M | -36.1M | -49.7M | 125.8M | -26.3M |
| Depreciation & amortization | 15.2M | 16.2M | 16.4M | 17.2M | 16.5M | 18.2M | 17.1M | 18.5M | 17.8M | 19.1M | 18.6M | 19.3M |
| Stock-based compensation | 11.5M | 9.4M | 9.6M | 10.9M | 9.7M | 8.8M | 10.2M | 8M | 5.8M | 12.4M | 5.8M | 5.2M |
| Change in working capital | 1.1M | 5.5M | -5.5M | -8.2M | -6.4M | 2.1M | -18.4M | -6.6M | -7.2M | -7.1M | -17.7M | -12.6M |
| Operating cash flow | 2.9M | 12.9M | 4.6M | 14.2M | 10.2M | 7.5M | -8.9M | 10.5M | -1.4M | -8.7M | -17.2M | -442K |
| Capital expenditure | -19.1M | -14.8M | -13.4M | -19.3M | -25.1M | -26.7M | -16.7M | — | — | — | — | — |
| Investing cash flow | -19M | -14.6M | -13.4M | -19.3M | -25.1M | -26.7M | -16.6M | 0 | -29K | -17K | 100M | 8K |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -2K | 0 | 0 | 0 | 0 | -2K | -256K | -3K | -2K | 2K | -419K | -269K |
| Financing cash flow | -2K | 0 | -3.9M | 0 | 0 | -2K | -256K | -3K | -2K | 2K | -419K | -269K |
| Net change in cash | -16.2M | -1.8M | -12.7M | -5.1M | -14.9M | -19.2M | -25.8M | 10.5M | -1.4M | -8.7M | 82.4M | -703K |
| Free cash flow | -8.3M | -7.5M | -11.6M | -2.1M | -12.2M | -22.9M | -32.4M | -14.9M | -38.8M | -40.9M | -32M | -12M |