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 | $1.13 | $1.26 | +11.5% | — | $1.8B | — |
| Q1 26 | $1.02 | $1.09 | +6.9% | — | $1.4B | — |
| Q4 25 | $1.81 | $1.93 | +6.6% | — | $2.1B | — |
| Q3 25 | $1.35 | $1.5 | +11.1% | — | $1.6B | — |
| Q2 25 | $0.8 | $0.97 | +21.2% | — | $1.4B | — |
| Q1 25 | $0.73 | $0.87 | +19.2% | — | $1.2B | — |
| Q4 24 | $1.28 | $1.4 | +9.4% | — | $1.8B | — |
| Q3 24 | $1.14 | $1.21 | +6.1% | — | $1.4B | — |
| Q2 24 | $0.62 | $0.71 | +14.5% | — | $1.2B | — |
| Q1 24 | $0.97 | $1.06 | +9.3% | — | $1.1B | — |
| Q4 23 | $0.87 | $0.94 | +8.0% | — | $1.4B | — |
| Q3 23 | $0.81 | $0.95 | +17.3% | — | $1.1B | — |
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 | — | $4.97 | — | — | $6.4B | — |
| FY24 | — | $3.14 | — | — | $5.5B | — |
| FY23 | — | $1.2 | — | — | $4.3B | — |
| FY22 | — | $1.67 | — | — | $3.7B | — |
| FY21 | — | $2.38 | — |
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 |
|---|---|---|---|---|---|---|
| Revenue | $2.8B | $3.7B | $3.7B | $4.3B | $5.5B | $6.4B |
| YoY change | — | +35.4% | -0.26% | +14.4% | +30% | +15.7% |
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 | Q1 24 | Q2 24 | 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 |
|---|---|---|---|---|---|---|
| Revenue | 2.8B | 3.7B | 3.7B | 4.3B | 5.5B | 6.4B |
| Cost of revenue | 1.5B | 2.3B | 2.3B | 2.3B | 2.9B | 3.3B |
| Gross profit | 1.3B | 1.4B | 1.4B | 1.9B | 2.7B | 3.1B |
| Gross margin | 45.5% | 38.6% | 37.9% | 44.9% | 48.1% | 49% |
| Research & development | 159.6M | 200.6M | 215.7M | 249.4M | 341.3M | 368.1M |
| Selling, general & administrative | 628.4M | 799.3M | 873.2M | 1.3B | 1.7B | 1.8B |
| Operating expenses | 788M | 999.9M | 1.1B | 1.5B | 2B | 2.2B |
| Operating income | 465.4M | 438.3M | 321.4M | 373.6M | 644.2M | 920.3M |
| Operating margin | 16.9% | 11.8% | 8.65% | 8.78% | 11.7% | 14.4% |
| Non-operating income, net | -5.7M | -7.6M | 7.6M | -35.4M | -8M | 28.6M |
| Pretax income | 419.5M | 414.3M | 302M | 293.2M | 572.5M | 900.3M |
| Income tax | 92.3M | 83.2M | 69.6M | 126.2M | 133.8M | 198.9M |
| Net income | 327.2M | 331.1M | 232.4M | 167.1M | 438.7M | 701.4M |
| Net margin | 11.9% | 8.88% | 6.25% | 3.93% | 7.94% | 11% |
| EBITDA | 537.8M | 508.8M | 415.7M | 442M | 759.3M | 1.1B |
| EPS | 2.35 | 2.38 | 1.67 | 1.2 | 3.14 | 4.97 |
| Diluted EPS | 2.35 | 2.38 | 1.67 | 1.2 | 3.11 | 4.94 |
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 | 1.1B | 1.4B | 1.1B | 1.2B | 1.4B | 1.8B | 1.2B | 1.4B | 1.6B | 2.1B | 1.4B | 1.8B |
| Cost of revenue | 583.1M | 754.6M | 539.6M | 647.8M | 731.6M | 947.7M | 619.4M | 736.7M | 812.8M | 1.1B | 717.8M | 905.1M |
| Gross profit | 487.5M | 622.9M | 526.6M | 600.9M | 695M | 839.5M | 603.2M | 708.2M | 817.5M | 1B | 695M | 860.3M |
| Gross margin | 45.5% | 45.2% | 49.4% | 48.1% | 48.7% | 47% | 49.3% | 49% | 50.1% | 47.9% | 49.2% | 48.7% |
| Research & development | 60.7M | 69M | 69.6M | 90.1M | 94.8M | 86.8M | 87.6M | 89.4M | 92.8M | 98.2M | 98.9M | 109.3M |
| Selling, general & administrative | 332.3M | 453.2M | 302.1M | 407M | 419.9M | 547.5M | 370.7M | 450.1M | 457.8M | 561.6M | 431.6M | 571.6M |
| Operating expenses | 392.9M | 522.1M | 371.7M | 497.1M | 514.7M | 634.3M | 458.3M | 539.5M | 550.6M | 659.9M | 530.4M | 681M |
| Operating income | 94.5M | 100.8M | 154.9M | 103.8M | 180.3M | 205.1M | 144.9M | 168.6M | 262.9M | 343.8M | 164.5M | 179.4M |
| Operating margin | 8.83% | 7.31% | 14.5% | 8.32% | 12.6% | 11.5% | 11.9% | 11.7% | 16.1% | 16.4% | 11.6% | 10.2% |
| Non-operating income, net | -5.9M | 5.9M | 3.2M | 689K | 11M | -22.9M | 13.2M | 26M | -6.1M | -4.5M | -10.3M | -7.8M |
| Pretax income | 75.7M | 90.3M | 143.5M | 89.7M | 174.4M | 164.9M | 145.5M | 180.9M | 244M | 329.9M | 147.6M | 163.7M |
| Income tax | 57M | 40.9M | 33.9M | 21.6M | 42M | 36.2M | 27.7M | 41.3M | 55.3M | 74.7M | 26.1M | 33.9M |
| Net income | 18.7M | 49.3M | 109.6M | 68M | 132.3M | 128.7M | 117.8M | 139.6M | 188.7M | 255.2M | 121.5M | 129.8M |
| Net margin | 1.75% | 3.58% | 10.3% | 5.45% | 9.28% | 7.2% | 9.64% | 9.66% | 11.6% | 12.1% | 8.6% | 7.35% |
| EBITDA | 114.3M | 133.1M | 186M | 133.8M | 221.1M | 218.4M | 190.1M | 229.7M | 290.4M | 378.2M | 192.6M | 211.6M |
| EPS | 0.13 | 0.35 | 0.79 | 0.49 | 0.94 | 0.92 | 0.84 | 0.99 | 1.34 | 1.81 | 0.86 | 0.92 |
| Diluted EPS | 0.13 | 0.35 | 0.78 | 0.48 | 0.94 | 0.91 | 0.83 | 0.98 | 1.33 | 1.8 | 0.85 | 0.92 |
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 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | 7.1B | 13.6B | 15.8B | 25.8B |
| Enterprise value | — | — | — | 7.8B | 14.2B | 15.9B | 25.2B |
| Shares outstanding | 139M | 139M | 139M | 139M | 139.9M | 141M | 141M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | 42.6 | 31.1 | 22.5 | 36.2 |
| P/S | — | — | — | 1.67 | 2.46 | 2.47 | 3.64 |
| P/B | — | — | — | 4.81 | 7.04 | 5.89 | 8.81 |
| EV/EBITDA | — | — | — | 17.7 | 18.7 | 14.6 | 22.7 |
| EV/Sales | — | — | — | 1.84 | 2.57 | 2.48 | 3.64 |
| Earnings yield | — | — | — | 2.35% | 3.22% | 4.45% | 2.76% |
| FCF yield | — | — | — | 2.09% | 2.17% | 3.01% | 2.48% |
| PEG | — | — | — | — | — | — | -5.12 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 45.5% | 38.6% | 37.9% | 44.9% | 48.1% | 49% | 48.7% |
| Operating margin | 16.9% | 11.8% | 8.65% | 8.78% | 11.7% | 14.4% | 10.2% |
| Net margin | 11.9% | 8.88% | 6.25% | 3.93% | 7.94% | 11% | 10.1% |
| ROE | — | 18.8% | 12.7% | 11.3% | 22.7% | 26.2% | 27.5% |
| ROA | — | 9.87% | 7.05% | 4.79% | 9.98% | 13.1% | 11.8% |
| ROIC | — | 16.7% | 11.5% | 9.69% | 19.7% | 25.6% | 25.1% |
| Return on tangible assets | — | 50.6% | 36.9% | 19.4% | 24.4% | 25.3% | 23% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 1.78 | 1.77 | 1.69 | 1.73 | 2.04 | 2.08 |
| Quick ratio | — | 1.18 | 1.2 | 1.06 | 1.14 | 1.47 | 1.45 |
| Debt / equity | — | 0.32 | 0.28 | 0.59 | 0.49 | 0.34 | 0.32 |
| Debt / assets | — | 0.17 | 0.16 | 0.25 | 0.21 | 0.17 | 0.16 |
| Net debt / EBITDA | — | 0.67 | 0.77 | 1.62 | 0.76 | 0.11 | 0.12 |
| Interest coverage | 11.4 | 26.4 | 12.2 | 7.53 | 9.98 | 19.5 | 25.1 |
| Effective tax rate | 22% | 20.1% | 23.1% | 43% | 23.4% | 22.1% | 21.5% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 19.8 | 26.8 | 26.7 | 30.6 | 39.5 | 45.4 | 48.9 |
| EPS (basic) | 2.35 | 2.38 | 1.67 | 1.2 | 3.14 | 4.97 | 4.97 |
| EPS (diluted) | 2.35 | 2.38 | 1.67 | 1.2 | 3.11 | 4.94 | 4.91 |
| Book value per share | — | 12.7 | 13.2 | 10.6 | 13.8 | 19 | 20.2 |
| FCF per share | 1.67 | 1.22 | 0.8 | 1.07 | 2.11 | 3.36 | 5.56 |
| Cash per share | — | 1.62 | 1.39 | 1.11 | 2.6 | 5.51 | 5.54 |
| Capex per share | 0.39 | 0.35 | 0.58 | 0.88 | 0.98 | 0.01 | 0 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.98% | 1.29% | 2.16% | 2.89% | 2.49% | 0.02% | 0% |
| Capex / operating cash flow | 57.9% | 21.2% | 32.6% | 155.6% | 52.5% | 0.21% | 0% |
| Payout ratio | 0% | 12.7% | 19.6% | 350.4% | 0% | 0% | 0% |
| Dividend yield | — | — | — | 8.23% | 0% | 0% | 0% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Nov 30, 2023 | $1.08 |
| — |
| $3.7B |
| — |
| FY20 | — | $2.35 | — | — | $2.8B | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $1.1B | $1.4B | $1.1B | $1.2B | $1.4B | $1.8B | $1.2B | $1.4B | $1.6B | $2.1B | $1.4B | $1.8B |
| YoY change | +13.1% | +26.6% | +24.7% | +31.4% | +33.2% | +29.7% | +14.7% | +15.7% | +14.3% | +17.6% | +15.6% | +22.2% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 225.4M | 192.9M | 154.1M | 363.7M | 777.3M |
| Receivables | 841.5M | 766.5M | 985.2M | 1.3B | 1.7B |
| Inventory | 602.5M | 548.6M | 699.7M | 900M | 1B |
| Total current assets | 1.8B | 1.7B | 1.9B | 2.6B | 3.6B |
| Property, plant & equipment | 182.4M | 204.7M | 229.6M | 357.7M | 374.7M |
| Goodwill & intangibles | 2.7B | 2.7B | 2.6B | 2.6B | 2.6B |
| Total assets | 3.4B | 3.3B | 3.5B | 4.4B | 5.3B |
| Accounts payable | 442.6M | 328.1M | 459.7M | 612M | 679.5M |
| Short-term debt | 63.9M | 100M | 32.5M | 57.5M | 63.7M |
| Total current liabilities | 993.5M | 968.7M | 1.1B | 1.5B | 1.8B |
| Long-term debt | 499.9M | 410.9M | 838.5M | 881.5M | 837.8M |
| Total liabilities | 1.6B | 1.5B | 2B | 2.5B | 2.7B |
| Shareholders' equity | 1.8B | 1.8B | 1.5B | 1.9B | 2.7B |
| Total debt | 563.8M | 511M | 871.1M | 939M | 901.5M |
| Net debt | 338.4M | 318.1M | 717M | 575.3M | 124.2M |
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 | 170.4M | 154.1M | 131.9M | 138.1M | 127.9M | 363.7M | 224.7M | 188.2M | 263.8M | 777.3M | 511.8M | 779.8M |
| Receivables | 938.1M | 985.2M | 780.6M | 1.1B | 1.2B | 1.3B | 1B | 1.3B | 1.6B | 1.7B | 1.5B | 1.6B |
| Inventory | 792.2M | 699.7M | 750M | 840.5M | 1.1B | 900M | 973.2M | 1.1B | 1.2B | 1B | 1B | 1.1B |
| Total current assets | 2B | 1.9B | 1.7B | 2.2B | 2.5B | 2.6B | 2.4B | 2.8B | 3.2B | 3.6B | 3.3B | 3.8B |
| Property, plant & equipment | 213.4M | 229.6M | 305.9M | 320.5M | 346M | 357.7M | 365.2M | 353.5M | 362.4M | 374.7M | 379.8M | 444.5M |
| Goodwill & intangibles | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B | 2.6B |
| Total assets | 3.6B | 3.5B | 3.4B | 3.9B | 4.2B | 4.4B | 4.2B | 4.5B | 5B | 5.3B | 5B | 5.6B |
| Accounts payable | 646.7M | 459.7M | 409.4M | 504.8M | 632.9M | 612M | 462.5M | 582.6M | 681.8M | 679.5M | 583.5M | 760.8M |
| Short-term debt | 28.6M | 32.5M | 38.5M | 160.9M | 229.1M | 57.5M | 61M | 62.3M | 63.1M | 63.7M | 39.3M | 39.3M |
| Total current liabilities | 1.1B | 1.1B | 895.8M | 1.3B | 1.5B | 1.5B | 1.2B | 1.4B | 1.7B | 1.8B | 1.4B | 1.8B |
| Long-term debt | 848.1M | 838.5M | 905.6M | 901.3M | 898.1M | 881.5M | 869.6M | 856.6M | 853.3M | 837.8M | 821.5M | 873.7M |
| Total liabilities | 2B | 2B | 1.8B | 2.2B | 2.4B | 2.5B | 2.1B | 2.3B | 2.6B | 2.7B | 2.3B | 2.7B |
| Shareholders' equity | 1.5B | 1.5B | 1.6B | 1.6B | 1.8B | 1.9B | 2B | 2.2B | 2.4B | 2.7B | 2.8B | 2.8B |
| Total debt | 876.6M | 871.1M | 944.2M | 1.1B | 1.1B | 939M | 930.6M | 918.9M | 916.4M | 901.5M | 860.9M | 913M |
| Net debt | 706.3M | 717M | 812.3M | 924.1M | 999.2M | 575.3M | 705.9M | 730.7M | 652.6M | 124.2M | 349.1M | 133.2M |
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 |
|---|---|---|---|---|---|---|
| Net income | 327.2M | 331.1M | 232.4M | 167.1M | 438.7M | 701.4M |
| Depreciation & amortization | 78.1M | 78.2M | 86.7M | 103.8M | 123.1M | 139.6M |
| Stock-based compensation | 10M | 13.9M | 5.5M | 47M | 84.5M | 43.9M |
| Change in working capital | -326.7M | -200.7M | -78.1M | -252.2M | -357M | -414.7M |
| Operating cash flow | 94.1M | 225.9M | 246.1M | 78.9M | 262.3M | 634.1M |
| Capital expenditure | -54.5M | -48M | -80.3M | -122.7M | -137.7M | -1.3M |
| Investing cash flow | -78.3M | -58.8M | -38.3M | -109M | -137.7M | -1.3M |
| Dividends paid | 0 | -42M | -45.4M | -585.5M | 0 | 0 |
| Share repurchases | — | 0 | 0 | -4.3M | — | — |
| Financing cash flow | -120.7M | -54.5M | -144.9M | -236M | -86.7M | -91.9M |
| Net change in cash | -104.9M | 112.6M | 63M | -266.2M | 37.9M | 540.9M |
| Free cash flow | 232.4M | 169.1M | 110.5M | 148.8M | 295.4M | 474.4M |
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 | 18.7M | 49.3M | 109.6M | 68M | 132.3M | 128.7M | 117.8M | 139.6M | 188.7M | 255.2M | 121.5M | 129.8M |
| Depreciation & amortization | 25.6M | 26.4M | 27.8M | 29.2M | 29.8M | 36.2M | 31.9M | 35.1M | 33.7M | 38.9M | 38.4M | 40M |
| Stock-based compensation | 21.3M | 22.5M | 19.4M | 14.1M | 13.8M | 37.2M | 11.6M | 10.9M | 9.1M | 12.3M | 30.3M | 47.2M |
| Change in working capital | -12.8M | -135.3M | 97.3M | -296.4M | -196.6M | 38.7M | 17.5M | -217.6M | -295.6M | 81M | 44.9M | -34.8M |
| Operating cash flow | 67.2M | -38.2M | 249.2M | -187.3M | -28.2M | 228.6M | 175.5M | -9.1M | 111M | 587.1M | -156.3M | 431.8M |
| Capital expenditure | -24.2M | -52.2M | -23.6M | -30.2M | -41.4M | -42.5M | -32.7M | -3K | -7K | -1K | 0 | 0 |
| Investing cash flow | -10.2M | -52.2M | -23.6M | -30.2M | -41.4M | -42.5M | -32.7M | -3K | -7K | -1K | 0 | 0 |
| Dividends paid | -375M | -150.2M | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Share repurchases | — | — | -32.9M | — | — | — | — | — | — | — | -18.5M | -100.7M |
| Financing cash flow | 25.9M | -155.5M | -70.8M | -12.4M | 45.1M | -196.5M | -58.6M | -10.9M | -11.3M | -11.1M | -77.3M | -110.8M |
| Net change in cash | 82.9M | -245.9M | 154.9M | -229.9M | -24.5M | -10.4M | 84.2M | -20M | 99.7M | 575.9M | -233.5M | 320.9M |
| Free cash flow | -135.2M | 131.1M | 17M | -96.1M | -66.8M | 441.4M | -91.7M | -36.7M | 79.4M | 523.3M | -194.6M | 378.8M |