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 | -$1.88 | -$1.41 | +25.0% | — | $33.7M | — |
| Q1 26 | -$2.22 | -$1.88 | +15.3% | — | $29M | — |
| Q4 25 | -$1.96 | -$2.11 | -7.7% | — | $47.1M | — |
| Q3 25 | -$1.94 | -$1.93 | +0.5% | — | $38.2M | — |
| Q2 25 | -$2.65 | -$27.7 | -945.7% | — | $38.4M | — |
| Q1 25 | -$3.8 | -$3 | +21.1% | — | $32.5M | — |
| Q4 24 | -$3.52 | -$1.11 | +68.5% | — | $55.8M | — |
| Q3 24 | -$3.35 | -$3.52 | -5.1% | — | $29.3M | — |
| Q2 24 | -$3.51 | -$4.51 | -28.5% | — | $34M | — |
| Q1 24 | -$3.85 | -$4.83 | -25.5% | — | $25.5M | — |
| Q4 23 | -$2.56 | -$4.13 | -61.3% | — | $167.4M | — |
| Q3 23 | -$0.18 | -$0.49 | -172.2% | — | $133.7M | — |
| Q2 23 | -$0.17 | -$0.26 | -52.9% | — | $92.9M | — |
| Q1 23 | -$0.24 | -$0.29 | -20.8% | — | $67.4M | — |
| Q4 22 | -$0.2 | -$0.23 | -15.0% | — | $155.4M | — |
| Q3 22 | -$0.17 | -$0.22 | -29.4% | — | $99.5M | — |
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 | — | $16.5 | — | — | $156.3M | — |
| FY24 | — | -$105.8 | — | — | $144.6M | — |
| FY23 | — | -$0.9 | — | — | $461.5M | — |
| FY22 | — | -$0.81 | — | — | $363M | — |
| FY21 | — | -$0.96 |
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 | $17.6M | $36.3M | $127.4M | $363M | $461.5M | $144.6M | $156.3M |
| YoY change | — | +106.9% | +250.8% | +185% | +27.1% | -68.7% | +8.08% |
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 | 17.6M | 36.3M | 127.4M | 363M | 461.5M | 144.6M | 156.3M |
| Cost of revenue | 20.8M | 40.2M | 126.1M | 329.9M | 457.9M | 155.6M | 96.3M |
| Gross profit | -3.3M | -3.9M | 1.2M | 33.1M | 3.7M | -11.1M | 60M |
| Gross margin | -18.6% | -10.8% | 0.98% | 9.12% | 0.79% | -7.65% | 38.4% |
| Research & development | 14.7M | 15.9M | 22.7M | 38.3M | 56.5M | 51.3M | 35.3M |
| Selling, general & administrative | 29.9M | 29.5M | 61.6M | 125.9M | 126.5M | 125.8M | 80.3M |
| Operating expenses | 44.6M | 45.5M | 84.3M | 164.2M | 183M | 177.1M | 115.6M |
| Operating income | -47.9M | -49.4M | -83.1M | -131.1M | -179.3M | -188.2M | -55.7M |
| Operating margin | -272.6% | -136% | -65.2% | -36.1% | -38.9% | -130.1% | -35.6% |
| Non-operating income, net | 990K | -85.9M | -742K | 2.4M | 54.3M | -647.2M | 217.9M |
| Pretax income | -59.4M | -156.1M | -101.2M | -139.2M | -140M | -853.7M | 138.3M |
| Income tax | 6K | 5K | 0 | -15.2M | 433K | 332K | 536K |
| Net income | -59.4M | -156.1M | -101.2M | -124.1M | -140.4M | -854M | 137.8M |
| Net margin | -338.5% | -430% | -79.5% | -34.2% | -30.4% | -590.7% | 88.2% |
| EBITDA | -34.5M | -33.1M | -57.7M | -83.3M | -130.1M | -140.6M | -9.6M |
| EPS | -1.24 | -3.26 | -0.96 | -0.81 | -0.9 | -105.8 | 16.5 |
| Diluted EPS | -1.24 | -3.26 | -0.96 | -0.81 | -0.9 | -105.8 | -9.18 |
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 | 133.7M | 167.4M | 25.5M | 34M | 29.3M | 55.8M | 32.5M | 38.4M | 38.2M | 47.1M | 29M | 33.7M |
| Cost of revenue | 154M | 156.3M | 49.7M | 24.6M | 23.1M | 58.3M | 22M | 25.6M | 24.7M | 24.1M | 18.1M | 19.8M |
| Gross profit | -20.3M | 11.1M | -24.2M | 9.4M | 6.2M | -2.4M | 10.5M | 12.8M | 13.6M | 23M | 10.9M | 13.9M |
| Gross margin | -15.2% | 6.62% | -95% | 27.6% | 21.2% | -4.37% | 32.4% | 33.4% | 35.5% | 48.9% | 37.4% | 41.3% |
| Research & development | 14.4M | 14.5M | 14.1M | 15.3M | 11.1M | 10.8M | 11.3M | 10M | 6.9M | 7.1M | 6.6M | 6.5M |
| Selling, general & administrative | 33.6M | 30.1M | 29.7M | 26.8M | 35.4M | 33.9M | 20.4M | 16.1M | 19.5M | 24.3M | 15.2M | 15.6M |
| Operating expenses | 48M | 44.6M | 43.8M | 42.1M | 46.5M | 44.7M | 31.7M | 26.1M | 26.4M | 31.4M | 21.8M | 22.1M |
| Operating income | -68.3M | -33.5M | -68M | -32.7M | -40.3M | -47.1M | -21.1M | -13.3M | -12.9M | -8.3M | -10.9M | -8.2M |
| Operating margin | -51% | -20% | -267% | -96.2% | -137.6% | -84.4% | -65% | -34.8% | -33.6% | -17.7% | -37.6% | -24.4% |
| Non-operating income, net | -4.4M | 807K | 566K | -544.9M | -103.3M | 437K | 496K | 220.4M | -3.8M | 812K | -555K | 1.4M |
| Pretax income | -77.1M | -37.6M | -72.2M | -582.2M | -148.2M | -51.1M | -24.9M | 203M | -23.9M | -15.8M | -18.8M | -14.4M |
| Income tax | -46K | 79K | 153K | 62K | 129K | -12K | 58K | 475K | -141K | 144K | 112K | 13K |
| Net income | -77.1M | -37.7M | -72.3M | -582.3M | -148.3M | -51.1M | -25M | 202.5M | -23.8M | -16M | -18.9M | -14.4M |
| Net margin | -57.6% | -22.5% | -283.9% | -1.7K% | -506.3% | -91.6% | -76.9% | 527.8% | -62.2% | -33.9% | -65.3% | -42.7% |
| EBITDA | -56.3M | -20M | -56.6M | -20.5M | -28.5M | -34.9M | -9.7M | -1.7M | -1.6M | 3.3M | -69K | 3.5M |
| EPS | -0.49 | — | -0.46 | -3.59 | -18.2 | — | -3 | 24.3 | -2.84 | — | -2.22 | -1.58 |
| Diluted EPS | -0.49 | — | -0.46 | -3.59 | -18.2 | — | -3 | 1.79 | -2.84 | — | -2.22 | -1.58 |
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 | — | 19.6B | — | — | 12.1B | — | 125.5M | 43.8M |
| Enterprise value | — | 19.7B | — | — | 12.5B | — | 401.8M | 371.4M |
| Shares outstanding | 47.9M | 47.9M | 105.6M | 153.4M | 155.6M | 8.1M | 8.3M | 8.3M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 0.91 | 1.49 |
| P/S | — | 540.4 | — | — | 26.2 | — | 0.8 | 0.3 |
| P/B | — | -110.6 | — | — | 28.3 | — | -0.5 | -0.16 |
| EV/EBITDA | — | -595.4 | — | — | -96 | — | -41.6 | 99.7 |
| EV/Sales | — | 543.1 | — | — | 27.1 | — | 2.57 | 2.51 |
| Earnings yield | — | — | — | — | — | — | 109.8% | 67.1% |
| FCF yield | — | -0.23% | — | — | -1.87% | — | 0.21% | 38.2% |
| PEG | — | — | — | — | — | — | — | -0.01 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | -18.6% | -10.8% | 0.98% | 9.12% | 0.79% | -7.65% | 38.4% | 41.3% |
| Operating margin | -272.6% | -136% | -65.2% | -36.1% | -38.9% | -130.1% | -35.6% | -24.1% |
| Net margin | -338.5% | -430% | -79.5% | -34.2% | -30.4% | -590.7% | 88.2% | -49.4% |
| ROE | — | 88% | -15.2% | -22.5% | -32.9% | 214.7% | -55.3% | -55.3% |
| ROA | — | -75.8% | -8.49% | -8.72% | -10.3% | -195.3% | 44.6% | -5.3% |
| ROIC | — | 63.3% | -105.6% | -17.1% | -21.1% | -214.1% | -203.4% | -193.1% |
| Return on tangible assets | — | -87.6% | -8.72% | -3.1K% | 271.5% | -571.1% | 219.3% | -149.9% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 0.26 | 11.6 | 2 | 1.88 | 1.06 | 0.91 | 0.83 |
| Quick ratio | — | 0.15 | 11.4 | 1.96 | 1.78 | 0.98 | 0.86 | 0.77 |
| Debt / equity | — | -0.6 | 0.5 | 0.84 | 1.26 | -1.36 | -1.31 | -0.01 |
| Debt / assets | — | 0.52 | 0.28 | 0.33 | 0.4 | 1.24 | 1.05 | 1.18 |
| Net debt / EBITDA | — | -3 | 10.2 | -2.56 | -3.25 | -3.45 | -28.6 | 56 |
| Interest coverage | -3.73 | -6.5 | -4.82 | -12.3 | -8.35 | -45.7 | 6.78 | -1.4 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0.39% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.37 | 0.76 | 1.21 | 2.37 | 2.97 | 17.9 | 18.7 | 17.2 |
| EPS (basic) | -1.24 | -3.26 | -0.96 | -0.81 | -0.9 | -105.8 | 16.5 | 16.5 |
| EPS (diluted) | -1.24 | -3.26 | -0.96 | -0.81 | -0.9 | -105.8 | -9.18 | -8.74 |
| Book value per share | — | -3.7 | 6.33 | 3.6 | 2.74 | -49.3 | -29.9 | -28.1 |
| FCF per share | -1.59 | -0.95 | -1.06 | -0.83 | -1.45 | -6 | 0.03 | 0.78 |
| Cash per share | — | 0.14 | 8.72 | 1.63 | 0.73 | 6.97 | 5.87 | 3.99 |
| Capex per share | 0.86 | 0.13 | 0.04 | 0.03 | 0.03 | 0.06 | 0.79 | 0.5 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 233.6% | 17.1% | 3.3% | 1.13% | 0.9% | 0.34% | 4.22% | 3.06% |
| Capex / operating cash flow | -105% | -4.96% | -3.26% | -2.34% | -2.83% | -0.07% | 96.2% | 39% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $127.4M |
| — |
| FY20 | — | -$3.26 | — | — | $36.3M | — |
| FY19 | — | -$1.24 | — | — | $17.6M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $133.7M | $167.4M | $25.5M | $34M | $29.3M | $55.8M | $32.5M | $38.4M | $38.2M | $47.1M | $29M | $33.7M |
| YoY change | +34.4% | +7.71% | -62.2% | -63.4% | -78.1% | -66.7% | +27.7% | +12.9% | +30.5% | -15.6% | -10.8% | -12.3% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 6.9M | 920.8M | 250M | 113.6M | 56.3M | 48.9M |
| Receivables | 13.6M | 45.6M | 66.8M | 108.4M | 45.3M | 33M |
| Inventory | 20.8M | 22.7M | 8.4M | 26.7M | 10.9M | 4.6M |
| Total current assets | 49.3M | 1B | 532.8M | 473M | 136.6M | 100.1M |
| Property, plant & equipment | 124.1M | 119.6M | 105.3M | 89.5M | 73.5M | 54.1M |
| Goodwill & intangibles | 27.7M | 31.4M | 1.4B | 1.4B | 287.8M | 246.1M |
| Total assets | 205.8M | 1.2B | 1.4B | 1.4B | 437.4M | 308.9M |
| Accounts payable | 13.7M | 28.3M | 83.8M | 78.3M | 30.1M | 10.3M |
| Short-term debt | 101.6M | 1.2M | 2.6M | 3M | 2.8M | 3M |
| Total current liabilities | 190.5M | 88M | 267M | 251.1M | 128.8M | 110.6M |
| Long-term debt | 4.7M | 330.4M | 460.5M | 534.1M | 539.3M | 322.3M |
| Total liabilities | 383.3M | 524M | 869.7M | 930.3M | 835.2M | 557.9M |
| Shareholders' equity | -177.4M | 667.8M | 552.2M | 426.7M | -397.8M | -249.1M |
| Total debt | 106.3M | 331.7M | 463M | 537M | 542M | 325.2M |
| Net debt | 99.3M | -416.1M | 375.1M | 431.7M | 485.7M | 276.3M |
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 | 125.4M | 113.6M | 112.8M | 89.6M | 75.4M | 56.3M | 58.6M | 40.8M | 43.1M | 48.9M | 36.6M | 38.4M |
| Receivables | 288.7M | 108.4M | 239.9M | 206.4M | 92.7M | 45.3M | 34.7M | 42.8M | 35.8M | 33M | 33.3M | 33.2M |
| Inventory | 65.7M | 26.7M | 24.4M | 33.2M | 34M | 10.9M | 8.8M | 4.6M | 5.2M | 4.6M | 5.7M | 6.1M |
| Total current assets | 510.5M | 473M | 405.5M | 359.9M | 227.5M | 136.6M | 110.6M | 99.2M | 93.8M | 100.1M | 85.3M | 89.3M |
| Property, plant & equipment | 93.7M | 89.5M | 82.7M | 78.7M | 75.7M | 73.5M | 67.5M | 62.2M | 58M | 54.1M | 47.5M | 44.6M |
| Goodwill & intangibles | 1.4B | 1.4B | 1.4B | 304.3M | 296.4M | 287.8M | 283.9M | 270.3M | 258.3M | 246.1M | 234.6M | 231M |
| Total assets | 1.4B | 1.4B | 1.3B | 691.5M | 537.8M | 437.4M | 405.1M | 379.2M | 362.6M | 308.9M | 281.9M | 279.8M |
| Accounts payable | 85.4M | 78.3M | 61.7M | 63.1M | 47.4M | 30.1M | 19.6M | 11.4M | 11M | 10.3M | 7.1M | 14.5M |
| Short-term debt | — | 3M | — | — | — | 2.8M | — | — | — | 3M | — | — |
| Total current liabilities | 269.2M | 251.1M | 236.6M | 216.6M | 207M | 128.8M | 120.2M | 112.1M | 113.6M | 110.6M | 101.3M | 107.5M |
| Long-term debt | 534.2M | 534.1M | 534.1M | 536.6M | 538.2M | 539.3M | 539M | 321.5M | 321.7M | 322.3M | 329.1M | 329.3M |
| Total liabilities | 945.4M | 930.3M | 912.8M | 894.3M | 881.4M | 835.2M | 822M | 592.7M | 597.7M | 557.9M | 547.8M | 549.8M |
| Shareholders' equity | 453.3M | 426.7M | 372.1M | -202.7M | -343.6M | -397.8M | -416.9M | -213.5M | -235.1M | -249.1M | -265.9M | -270M |
| Total debt | 534.2M | 537M | 534.1M | 536.6M | 538.2M | 542M | 539M | 321.5M | 321.7M | 325.2M | 329.1M | 329.3M |
| Net debt | 437.1M | 431.7M | 421.3M | 447M | 462.8M | 485.7M | 480.4M | 280.7M | 278.5M | 276.3M | 292.5M | 290.9M |
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 | -59.4M | -156.1M | -101.2M | -124.1M | -140.4M | -854M | 137.8M |
| Depreciation & amortization | 13.9M | 17.7M | 24.5M | 45.4M | 46.3M | 45M | 44.9M |
| Stock-based compensation | 1.5M | 4.5M | 13.5M | 28.7M | 45.1M | 18.5M | 10.2M |
| Change in working capital | -940K | -2.1M | -76.5M | -114.5M | -101.8M | 80.1M | 22.9M |
| Operating cash flow | -39M | -125.2M | -129M | -175.1M | -146.3M | -705.4M | 6.9M |
| Capital expenditure | -41M | -6.2M | -4.2M | -4.1M | -4.1M | -492K | -6.6M |
| Investing cash flow | -41M | -6.2M | -178.1M | -527.6M | 149.7M | 7.8M | -6.6M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Financing cash flow | 67.2M | 39.9M | 878.6M | -10.5M | 90M | -8.4M | -7.6M |
| Net change in cash | -12.9M | -91.5M | 571.5M | -713.2M | 93.4M | -706.1M | -7.3M |
| Free cash flow | -76M | -45.7M | -111.4M | -126.9M | -225.6M | -48.4M | 259K |
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 | -77.1M | -37.7M | -72.3M | -582.3M | -148.3M | -51.1M | -25M | 202.5M | -23.8M | -16M | -18.9M | -14.4M |
| Depreciation & amortization | 11.2M | 12.7M | 10.8M | 11.4M | 11M | 11.8M | 11M | 11.2M | 10.9M | 11.8M | 10.5M | 11.4M |
| Stock-based compensation | 11.2M | 16.8M | 8.4M | 6.8M | 6.5M | -3.2M | 4.3M | 1.4M | 2.2M | 2.3M | 2M | 1.5M |
| Change in working capital | 38.3M | -10.4M | 50.3M | 18.4M | 23.7M | -12.4M | 12.5M | -15.2M | 6.6M | 19M | -3.3M | 4.5M |
| Operating cash flow | -15.3M | -17.2M | -1.7M | -544.3M | -105.7M | -53.8M | 3.9M | -21.3M | 11.4M | 8.2M | -8.3M | 342K |
| Capital expenditure | -378K | -832K | -112K | -65K | -51K | -264K | -7K | -1M | -1M | -927K | -1.3M | -1.2M |
| Investing cash flow | 34.5M | 19.4M | 8.1M | -65K | -51K | -264K | -7K | -1M | -1M | -927K | -1.3M | -1.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -5.2M | -4.9M | 3.1M | -7.3M | -2.8M | -1.5M | -2.8M | -5.5M | -7.8M | -1.5M | -2.8M | -2.7M |
| Net change in cash | 14.1M | -2.8M | 9.6M | -551.7M | -108.5M | -55.5M | 1.1M | -27.8M | 2.6M | 5.8M | -12.5M | -3.6M |
| Free cash flow | -7.1M | -6.9M | -4.2M | -15.1M | -11.7M | -17.4M | 4.9M | -22.4M | 10.4M | 7.3M | -9.7M | -867K |