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 % |
|---|---|---|---|---|---|---|
| Q1 26 | $0.49 | -$4.76 | -1071.4% | — | $22.9B | — |
| Q3 25 | $1.06 | -$12.3 | -1264.2% | — | $20.3B | — |
| Q2 25 | -$0.83 | -$2.5 | -201.2% | — | $18.8B | — |
| Q1 25 | $0.29 | -$0.29 | -200.0% | — | $17.1B | — |
| Q3 24 | $1.01 | $1.89 | +87.1% | — | $806.8M | — |
| Q2 24 | $0.49 | $2.95 | +502.0% | — | $13.6B | — |
| Q1 24 | $0.02 | -$0.43 | -2250.0% | — | $12.7B | — |
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 | — | — | $78.2B | — |
| FY24 | — | $3.06 | — | — | $57.4B | — |
| FY23 | — | -$2.73 | — | — | $44.1B | — |
| FY22 | — | -$5.04 | — | — | $32.6B | — |
| FY21 | — | -$7.28 | — |
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 | $18B | $23.1B | $32.6B | $44.1B | $57.4B | $78.2B |
| YoY change | — | +27.9% | +41.1% | +35.3% | +30.3% | +36.1% |
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 | 18B | 23.1B | 32.6B | 44.1B | 57.4B | 78.2B |
| Cost of revenue | 15.6B | 19.7B | 27.7B | 37B | 48.1B | 65.5B |
| Gross profit | 2.4B | 3.4B | 4.9B | 7B | 9.4B | 12.6B |
| Gross margin | 13.5% | 14.9% | 15.1% | 16% | 16.3% | 16.2% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 1.9B | 2.6B | 3.6B | 5.1B | 6.6B | 10.3B |
| Operating expenses | 1.9B | 2.6B | 3.6B | 5.2B | 6.6B | 11.4B |
| Operating income | 181.4M | 394.1M | 520.3M | 793.9M | 1.3B | -675.2M |
| Operating margin | 1.01% | 1.71% | 1.6% | 1.8% | 2.31% | -0.86% |
| Non-operating income, net | -128M | -122.4M | 264.9M | 522M | 498.4M | -385M |
| Pretax income | -766.4M | -724.9M | -363.7M | -100.9M | 717.5M | -2.4B |
| Income tax | 3.3M | 91.8M | 201.4M | 205.2M | 383.1M | 443.8M |
| Net income | -769.7M | -816.7M | -565.1M | -306.2M | 334.4M | -2.8B |
| Net margin | -4.26% | -3.54% | -1.73% | -0.69% | 0.58% | -3.63% |
| EBITDA | 611M | 932.2M | 1.3B | 1.9B | 3B | 1.4B |
| EPS | -6.86 | -7.28 | -5.04 | -2.73 | 3.06 | 0 |
| Diluted EPS | -6.86 | -7.28 | -5.04 | -2.73 | 2.4 | 0 |
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 | 11.4B | 12.3B | 12.7B | 13.6B | 806.8M | 16.3B | 17.1B | 18.8B | 20.3B | 22B | 22.9B | 26B |
| Cost of revenue | 9.6B | 10.3B | 10.6B | 11.3B | 679.4M | 13.6B | 14.4B | 15.7B | 17B | 18.4B | 19.2B | 21.7B |
| Gross profit | 1.8B | 2B | 2.1B | 2.3B | 127.5M | 2.7B | 2.7B | 3B | 3.3B | 3.6B | 3.7B | 4.4B |
| Gross margin | 15.8% | 16.3% | 16.3% | 16.7% | 15.8% | 16.5% | 16% | 16.2% | 16.2% | 16.3% | 16.2% | 16.8% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.6B | 1.4B | 1.7B | 1.9B | 108.4M | 994.8M | 2.5B | 2.7B | 4.2B | 906.3M | 2.9B | 4B |
| Operating expenses | 1.6B | 1.4B | 1.7B | 1.9B | 108.3M | 940.8M | 2.4B | 2.6B | 4.2B | 2.2B | 3.1B | 4B |
| Operating income | 210.5M | 228.1M | 323.2M | 374.4M | 19.2M | 278.3M | 297.4M | 393.1M | -879.8M | -485.9M | -18.4M | 352.2M |
| Operating margin | 1.84% | 1.85% | 2.55% | 2.76% | 2.38% | 1.7% | 1.74% | 2.09% | -4.34% | -2.21% | -0.08% | 1.35% |
| Non-operating income, net | -145.7M | 118.1M | -128.7M | 303.8M | 11.4M | 113.1M | 8.8M | -234.3M | -86.1M | -73.3M | 16.4M | -85.3M |
| Pretax income | -226.3M | -83.2M | -145.8M | 443.3M | 17.6M | 96.5M | 25.5M | -168.8M | -1.3B | -965.9M | -423.3M | -178.8M |
| Income tax | 112.8M | 13.7M | 85.1M | 112.1M | 3.6M | 120.1M | 112.5M | 117.3M | 137.4M | 76.6M | 135M | 207.5M |
| Net income | -339.1M | -97M | -230.9M | 331.3M | 14M | -23.6M | -87M | -286.1M | -1.4B | -1B | -558.3M | -386.3M |
| Net margin | -2.97% | -0.79% | -1.82% | 2.44% | 1.74% | -0.14% | -0.51% | -1.52% | -7.02% | -4.74% | -2.44% | -1.48% |
| EBITDA | 454.2M | 564.7M | 646.3M | 730M | 40M | 877.2M | 742.9M | 895.6M | -362M | 120.1M | 584.9M | 997.1M |
| EPS | -3.02 | — | -2.06 | 2.95 | 2.3 | -0.21 | -0.76 | -2.5 | -12.3 | 0 | -4.76 | -3.25 |
| Diluted EPS | -3.02 | — | -2.06 | 2.95 | 1.89 | -0.21 | -0.76 | -2.5 | -12.3 | 0 | -4.76 | -3.25 |
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 | — | — | — | — | — | 3.8B | 6.5B |
| Enterprise value | — | — | — | — | — | 13.7B | 920.8M |
| Shares outstanding | 2.3B | 2.3B | 2.3B | 2.2B | 109.2M | 115M | 115M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 124.2 |
| P/S | — | — | — | — | — | 0.05 | 0.07 |
| P/B | — | — | — | — | — | 0.93 | 18.5 |
| EV/EBITDA | — | — | — | — | — | 9.83 | -283.7 |
| EV/Sales | — | — | — | — | — | 0.18 | 0.18 |
| Earnings yield | — | — | — | — | — | — | 0.81% |
| FCF yield | — | — | — | — | — | 28.9% | 3.09% |
| PEG | — | — | — | — | — | — | 4.12 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 13.5% | 14.9% | 15.1% | 16% | 16.3% | 16.2% | 16.8% |
| Operating margin | 1.01% | 1.71% | 1.6% | 1.8% | 2.31% | -0.86% | 1.49% |
| Net margin | -4.26% | -3.54% | -1.73% | -0.69% | 0.58% | -3.63% | -3.74% |
| ROE | — | 18.3% | 12% | 6.61% | 8.29% | -68.8% | -67.3% |
| ROA | — | -10.1% | -4.79% | -2.05% | 1.47% | -9.3% | -2.19% |
| ROIC | — | 17.1% | 10.7% | 13.1% | 7.06% | -4.82% | -6.52% |
| Return on tangible assets | — | -10.2% | -4.79% | -2.05% | 1.47% | -9.31% | -9.28% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | 0.57 | 0.53 | 0.49 | 0.76 | 0.62 | 0.68 |
| Quick ratio | — | 0.29 | 0.25 | 0.23 | 0.49 | 0.35 | 0.44 |
| Debt / equity | — | -1.83 | -2.24 | -2.57 | 2.28 | 3.39 | 2.65 |
| Debt / assets | — | 1.01 | 0.89 | 0.8 | 0.4 | 0.46 | 0.43 |
| Net debt / EBITDA | — | 7.24 | 7.21 | 5.61 | 1.58 | 7.08 | 7.32 |
| Interest coverage | 0.07 | 0.28 | 0.69 | 0.93 | 1.57 | -0.59 | -0.64 |
| Effective tax rate | 0% | 0% | 0% | 0% | 53.4% | 0% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 7.92 | 10.1 | 14.3 | 20 | 526 | 679.5 | 781.5 |
| EPS (basic) | -6.86 | -7.28 | -5.04 | -2.73 | 3.06 | 0 | 0 |
| EPS (diluted) | -6.86 | -7.28 | -5.04 | -2.73 | 2.4 | 0 | -1.66 |
| Book value per share | — | -1.95 | -2.07 | -2.11 | 36.9 | 35.9 | 2.89 |
| FCF per share | 0.34 | 0.37 | 0.43 | 0.61 | 12 | 9.64 | 27 |
| Cash per share | — | 0.61 | 0.44 | 0.54 | 40.9 | 35.6 | 50.4 |
| Capex per share | 0.13 | 0.23 | 0.49 | 0.82 | 22.3 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.64% | 2.29% | 3.44% | 4.07% | 4.24% | — | — |
| Capex / operating cash flow | 31% | 42.1% | 41.6% | 43.8% | 52.5% | — | — |
| Payout ratio | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Dividend yield | — | — | — | — | — | 0% | 0% |
| — |
| $23.1B |
| — |
| FY20 | — | -$6.86 | — | — | $18B | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $11.4B | $12.3B | $12.7B | $13.6B | $806.8M | $16.3B | $17.1B | $18.8B | $20.3B | $22B | $22.9B | $26B |
| YoY change | — | +30.8% | +30.9% | +27.5% | -92.9% | +32.7% | +35.1% | +38.3% | +2.4K% | +34.4% | +33.4% | +38.7% |
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 | 1.4B | 993.4M | 1.2B | 4.5B | 4.1B |
| Receivables | 3.6M | 19.9M | 11M | 95.1M | 125M |
| Inventory | 1.4B | 1.9B | 2.4B | 3B | 4.2B |
| Total current assets | 2.9B | 3.6B | 4.4B | 8.6B | 9.7B |
| Property, plant & equipment | 2B | 3.4B | 4.9B | 6.8B | 10.1B |
| Goodwill & intangibles | 7.8M | 8.2M | 6.8M | 6.8M | 27.8M |
| Total assets | 8B | 11.8B | 15B | 22.8B | 30.5B |
| Accounts payable | 4.2B | 5.7B | 7.4B | 9.2B | 12B |
| Short-term debt | 657.4M | 908.5M | 1.3B | 1.7B | 3.2B |
| Total current liabilities | 5B | 6.8B | 9B | 11.2B | 15.6B |
| Long-term debt | 7.5B | 9.6B | 10.6B | 7.5B | 10.8B |
| Total liabilities | 12.5B | 16.5B | 19.6B | 18.7B | 26.4B |
| Shareholders' equity | -4.5B | -4.7B | -4.6B | 4B | 4.1B |
| Total debt | 8.1B | 10.6B | 11.9B | 9.2B | 14B |
| Net debt | 7.1B | 9.6B | 10.7B | 7.8B | 12.6B |
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 | 1B | 1.2B | 4.3B | 4B | 230.2M | 4.5B | 4.6B | 4B | 3.9B | 4.1B | 4.1B | 6.1B |
| Receivables | 30.7M | 11M | 44.7M | 64.9M | 2.6M | 95.1M | 144.8M | 392.6M | 218.4M | 125M | 210.9M | 270.4M |
| Inventory | 2.2B | 2.4B | 2.2B | 2.4B | 137.3M | 3B | 2.9B | 3.1B | 3.4B | 4.2B | 4.1B | 4.2B |
| Total current assets | 4B | 4.4B | 7.4B | 7.5B | 435.8M | 8.6B | 8.7B | 8.5B | 8.6B | 9.7B | 9.7B | 12.1B |
| Property, plant & equipment | 4.5B | 4.9B | 10.8B | 11.6B | 671M | 6.8B | 14.4B | 15.7B | 17.3B | 10.1B | 10.9B | 23.3B |
| Goodwill & intangibles | 7M | 6.8M | 6.5M | 6.8M | 369.5K | 6.8M | 13.5M | 15.9M | 19.6M | 27.8M | 33.5M | 38.7M |
| Total assets | 13.9B | 15B | 18.7B | 19.6B | 1.1B | 22.8B | 24B | 25.1B | 27.1B | 30.5B | 32.3B | 36.8B |
| Accounts payable | 6.8B | 7.4B | 7.6B | 7.8B | 457.3M | 9.2B | 9.7B | 10.1B | 10.6B | 12B | 12.8B | 14.2B |
| Short-term debt | 1.3B | 1.3B | 1.5B | 1.6B | 83.5M | 1.7B | 1.7B | 2B | 2.5B | 3.2B | 2.7B | 3B |
| Total current liabilities | 8.3B | 9B | 9.3B | 9.5B | 552.1M | 11.2B | 11.8B | 12.4B | 13.4B | 15.6B | 16.1B | 17.8B |
| Long-term debt | 10.2B | 10.6B | 6.3B | 6.5B | 368.7M | 7.5B | 8B | 8.6B | 9.4B | 10.8B | 11.8B | 13B |
| Total liabilities | 18.5B | 19.6B | 15.6B | 16B | 922.3M | 18.7B | 19.8B | 21B | 22.8B | 26.4B | 28B | 30.8B |
| Shareholders' equity | -4.6B | -4.6B | 3.1B | 3.5B | 213.8M | 4B | 4.2B | 4.1B | 4.3B | 4.1B | 4.3B | 6B |
| Total debt | 11.5B | 11.9B | 7.8B | 8.1B | 452.2M | 9.2B | 9.7B | 10.6B | 11.9B | 14B | 14.6B | 15.9B |
| Net debt | 10.5B | 10.7B | 3.5B | 6.9B | 383.2M | 7.8B | 8.2B | 9.5B | 10.8B | 12.6B | 13.3B | 13.9B |
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 | -766.4M | -724.9M | -363.7M | -100.9M | 717.5M | -2.4B |
| Depreciation & amortization | 422.5M | 530.2M | 785.1M | 1.1B | 1.5B | 1.9B |
| Stock-based compensation | 19.7M | 142.1M | 303.8M | 384.6M | 523.1M | 2.9B |
| Change in working capital | 451M | 313.7M | 822M | 1.3B | 775.3M | 890.1M |
| Operating cash flow | 953.7M | 1.3B | 2.7B | 4.1B | 4.6B | 4.7B |
| Capital expenditure | -295.2M | -529.6M | -1.1B | -1.8B | -2.4B | — |
| Investing cash flow | -295.2M | -529.6M | -1.1B | -1.8B | -2.4B | — |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -424.2M | -426.9M | -985.3M | -1.1B | 5.4B | 253.8M |
| Net change in cash | 234.3M | 301.2M | 590.5M | 1.2B | 7.6B | 4.9B |
| Free cash flow | 784.4M | 832.3M | 990.7M | 1.3B | 1.3B | 1.1B |
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 | -226.3M | -83.2M | -145.8M | 443.3M | 17.6M | 96.5M | 25.5M | -168.8M | -1.3B | -965.9M | -423.3M | -178.8M |
| Depreciation & amortization | 236.2M | 331M | 302.5M | 314.2M | 18.2M | 566.5M | 407.7M | 450.4M | 475.6M | 565.4M | 572.6M | 608M |
| Stock-based compensation | 112.3M | 82.1M | 128.8M | 140.7M | 6.9M | 127.1M | 213.3M | 252.3M | 1.6B | 890.7M | 721.5M | 615.2M |
| Change in working capital | 470.1M | 578.9M | 289.7M | -306.8M | 20.7M | 412M | 415.5M | -169.1M | 130M | 513.8M | 845.5M | 947.3M |
| Operating cash flow | 890.2M | 1.4B | 878.3M | 844.3M | 76.6M | 1.5B | 1.3B | 760.3M | 1.1B | 1.6B | 2B | 2.3B |
| Capital expenditure | -227.7M | -856.5M | -382M | -597.2M | -35.4M | -793.3M | -541.1M | — | — | — | — | — |
| Investing cash flow | -227.7M | -856.5M | -382M | -3.4B | -35.4M | -793.3M | -541.1M | — | — | — | — | — |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 271M | -61.2M | 2.7B | -426.1M | -25.1M | -423.1M | -247M | 21.9M | 114.6M | -2.2B | -906.1M | 1.2B |
| Net change in cash | 933.5M | 474.4M | 3.2B | -3B | 16M | 267.3M | 554.6M | 782.2M | 1.3B | -624.3M | 1.1B | 3.5B |
| Free cash flow | 708.9M | 339.3M | 418M | -144.9M | 24.3M | 576.5M | 646.3M | -119.7M | 210.3M | 371.4M | 1.2B | 1.4B |