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 | $1.26 | $1.74 | +38.1% | — | $1.6B | — |
| Q1 26 | $0.96 | $1.03 | +7.3% | — | $1.4B | — |
| Q4 25 | $0.92 | $0.54 | -41.3% | — | $1.5B | — |
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 | — | $1.53 | — | — | $5.5B | — |
| FY24 | — | -$3.13 | — | — | $4.3B | — |
| FY23 | — | -$3.3 | — | — | $3.9B | — |
| FY22 | — | -$4.09 | — | — | $3.8B | — |
| FY21 | — | $1.8 | — | — | $4.6B | — |
| FY20 | — | $2.14 | — | — | $5.3B | — |
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 | $5.3B | $4.6B | $3.8B | $3.9B | $4.3B | $5.5B |
| YoY change | — | -12.7% | -18.3% | +2.36% | +11.5% | +28.1% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|
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 | 5.3B | 4.6B | 3.8B | 3.9B | 4.3B | 5.5B |
| Cost of revenue | 4.8B | 4.2B | 3.8B | 3.7B | 4.1B | 4.9B |
| Gross profit | 486.2M | 466.4M | 29.6M | 140.6M | 197M | 647.5M |
| Gross margin | 9.14% | 10% | 0.78% | 3.62% | 4.55% | 11.7% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 223.8M | 239.6M | 234.4M | 255.2M | 300.8M | 415.6M |
| Operating expenses | 223.8M | 239.6M | 234.4M | 255.2M | 300.8M | 415.6M |
| Operating income | 262.3M | 226.8M | -204.8M | -114.6M | -103.8M | 232M |
| Operating margin | 4.93% | 4.89% | -5.4% | -2.95% | -2.4% | 4.18% |
| Non-operating income, net | -21M | 2M | 6.7M | 17.2M | 18.7M | 27.5M |
| Pretax income | 174.3M | 159.8M | -267.7M | -182.6M | -173M | 204.5M |
| Income tax | 21.9M | 25.6M | -75.1M | -55M | -50.7M | 61.4M |
| Net income | 152.3M | 134.2M | -192.6M | -127.6M | -122.3M | 143.1M |
| Net margin | 2.86% | 2.89% | -5.08% | -3.29% | -2.83% | 2.58% |
| EBITDA | 355.4M | 345.5M | -135.3M | -54M | -33.5M | 304.7M |
| EPS | 2.14 | 1.8 | -4.09 | -3.3 | -3.13 | 1.53 |
| Diluted EPS | 2.12 | 1.79 | -4.09 | -3.3 | -3.13 | 1.51 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.1B | 1.2B | 1.4B | 1.4B | 1.5B | 1.4B | 1.6B |
| Cost of revenue | 1.1B | 1.1B | 1.2B | 1.2B | 1.4B | 1.2B | 1.4B |
| Gross profit | -9.5M | 134.4M | 196M | 169.4M | 147.7M | 154.6M | 211.3M |
| Gross margin | -0.89% | 10.8% | 14.3% | 12% | 9.8% | 11.1% | 12.9% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 76.8M | 69.1M | 119.6M | 129.3M | 97.6M | 95.5M | 93.5M |
| Operating expenses | 76.8M | 69.1M | 119.6M | 129.3M | 97.6M | 95.5M | 93.5M |
| Operating income | -86.2M | 65.3M | 76.4M | 40.1M | 50.1M | 59.2M | 117.7M |
| Operating margin | -8.08% | 5.24% | 5.56% | 2.83% | 3.32% | 4.26% | 7.19% |
| Non-operating income, net | 4.2M | 4.7M | 6.2M | 7.5M | 9.2M | 10.7M | 10.8M |
| Pretax income | -107.5M | 55.7M | 69M | 34M | 45.8M | 56.5M | 114.8M |
| Income tax | -31.3M | 12.9M | 22M | 15.2M | 11.4M | 17M | 30.8M |
| Net income | -76.2M | 42.7M | 47.1M | 18.8M | 34.4M | 39.5M | 84.1M |
| Net margin | -7.14% | 3.43% | 3.43% | 1.33% | 2.28% | 2.84% | 5.14% |
| EBITDA | -70.4M | 81.5M | 94.4M | 58.6M | 70.2M | 80.2M | 137.5M |
| EPS | -1.51 | 0.53 | 0.38 | 0.07 | 0.55 | 0.49 | 1.25 |
| Diluted EPS | -1.51 | 0.53 | 0.38 | 0.07 | 0.54 | 0.48 | 1.23 |
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 | 656M | 631.1M | 387.5M | 471.8M | 1.3B | 3.5B | 4.8B |
| Enterprise value | 1.3B | 1.4B | 1.1B | 991M | 1.3B | 3.2B | 4.3B |
| Shares outstanding | 50.7M | 51M | 51.3M | 51.8M | 52.3M | 52.7M | 52.7M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | 4.31 | 4.7 | — | — | — | 24.7 | 38.5 |
| P/S | 0.12 | 0.14 | 0.1 | 0.12 | 0.29 | 0.64 | 0.79 |
| P/B | 0.43 | 0.38 | 0.27 | 0.37 | 1.09 | 2.8 | 3.59 |
| EV/EBITDA | 3.68 | 4.12 | -8.03 | -18.3 | -40.1 | 10.5 | 13.8 |
| EV/Sales | 0.25 | 0.31 | 0.29 | 0.26 | 0.31 | 0.58 | 0.73 |
| Earnings yield | 23.2% | 21.3% | — | — | — | 4.05% | 2.59% |
| FCF yield | 18% | -29.6% | 38% | 54.2% | 36.8% | 16.1% | 11.9% |
| PEG | — | — | — | — | — | — | 0.17 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | 9.14% | 10% | 0.78% | 3.62% | 4.55% | 11.7% | 12.9% |
| Operating margin | 4.93% | 4.89% | -5.4% | -2.95% | -2.4% | 4.18% | 7.22% |
| Net margin | 2.86% | 2.89% | -5.08% | -3.29% | -2.83% | 2.58% | 2.08% |
| ROE | 9.87% | 8.02% | -13.4% | -9.94% | -10.6% | 11.3% | 13.7% |
| ROA | 3.02% | 2.84% | -4.24% | -2.88% | -2.88% | 2.77% | 3.29% |
| ROIC | 10.5% | 7.72% | -9.56% | -6.36% | -8.38% | 17.3% | 23.7% |
| Return on tangible assets | 3.47% | 3.24% | -4.82% | -3.29% | -3.31% | 3.1% | 3.66% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 1.8 | 2.17 | 1.87 | 1.66 | 1.41 | 1.27 | 1.28 |
| Quick ratio | 1.8 | 2.17 | 1.87 | 1.66 | 1.41 | 1.27 | 1.29 |
| Debt / equity | 0.66 | 0.59 | 0.66 | 0.7 | 0.46 | 0.32 | 0.35 |
| Debt / assets | 0.2 | 0.21 | 0.21 | 0.2 | 0.13 | 0.08 | 0.07 |
| Net debt / EBITDA | 1.83 | 2.29 | -5.17 | -9.61 | -2.36 | -1.07 | -1.56 |
| Interest coverage | 3.68 | 3.37 | -2.93 | -1.19 | -1.05 | 5.06 | 6.09 |
| Effective tax rate | 12.6% | 16% | 0% | 0% | 0% | 30% | 29.6% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 105 | 91 | 73.9 | 74.8 | 82.7 | 105.2 | 112.9 |
| EPS (basic) | 2.14 | 1.8 | -4.09 | -3.3 | -3.13 | 1.53 | 1.53 |
| EPS (diluted) | 2.12 | 1.79 | -4.09 | -3.3 | -3.13 | 1.51 | 2.32 |
| Book value per share | 30.5 | 32.8 | 28.1 | 24.8 | 22.1 | 24 | 25.4 |
| FCF per share | 2.33 | -3.67 | 2.87 | 4.93 | 8.91 | 10.8 | 11.6 |
| Cash per share | 7.39 | 3.96 | 5.05 | 7.34 | 8.7 | 13.9 | 17.8 |
| Capex per share | 0.79 | 0.61 | 1 | 0.83 | 0.62 | — | — |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.76% | 0.68% | 1.35% | 1.11% | 0.75% | — | — |
| Capex / operating cash flow | 25% | -21.3% | 21.6% | 15.4% | 6.23% | — | — |
| Payout ratio | — | — | — | — | — | 2.21% | 7.76% |
| Dividend yield | — | — | — | — | — | 0.09% | 0.4% |
| Revenue | $1.1B | $1.2B | $1.4B | $1.4B | $1.5B | $1.4B | $1.6B |
| YoY change | — | — | — | — | +41.2% | +11.5% | +19.2% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 374.3M | 202.2M | 259.4M | 380.6M | 455.1M | 734.6M |
| Receivables | 2.1B | 2B | 1.8B | 1.6B | 1.5B | 1.9B |
| Inventory | — | — | — | — | — | — |
| Total current assets | 4.1B | 3.9B | 3.7B | 3.5B | 3.3B | 4.1B |
| Property, plant & equipment | 372.8M | 313.5M | 310.7M | 308.7M | 284.2M | 398M |
| Goodwill & intangibles | 656.5M | 580.4M | 551.4M | 546.9M | 542.4M | 538M |
| Total assets | 5B | 4.7B | 4.5B | 4.4B | 4.2B | 5.2B |
| Accounts payable | 1.1B | 781M | 741.9M | 689.7M | 872.4M | 990.2M |
| Short-term debt | 100.2M | 24.4M | 70.3M | 117.4M | 24.1M | 14.6M |
| Total current liabilities | 2.3B | 1.8B | 2B | 2.1B | 2.3B | 3.2B |
| Long-term debt | 925.3M | 969.2M | 888.2M | 782.3M | 510M | 392.8M |
| Total liabilities | 3.5B | 3.1B | 3.1B | 3.1B | 3.1B | 3.9B |
| Shareholders' equity | 1.5B | 1.7B | 1.4B | 1.3B | 1.2B | 1.3B |
| Total debt | 1B | 993.7M | 958.4M | 899.7M | 534.1M | 407.4M |
| Net debt | 651.2M | 791.5M | 699.1M | 519.2M | 79.1M | -327.2M |
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 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 276.5M | 526.1M | 695.7M | 734.6M | 803M | 938.2M |
| Receivables | 1.9B | 2B | 2B | 1.9B | 1.8B | 1.9B |
| Inventory | — | — | — | — | — | — |
| Total current assets | 3.5B | 3.9B | 4.2B | 4.1B | 4.1B | 4.3B |
| Property, plant & equipment | -577.8M | -560M | -567.7M | 398M | -579.3M | -583.6M |
| Goodwill & intangibles | 541.3M | 540.2M | 539.1M | 538M | 536.8M | 535.7M |
| Total assets | 4.5B | 4.9B | 5.2B | 5.2B | 5.1B | 5.4B |
| Accounts payable | 999.7M | 970.5M | 905.9M | 990.2M | 955M | 1B |
| Short-term debt | 13.8M | 26.1M | 20.1M | 14.6M | 8.1M | 5M |
| Total current liabilities | 2.6B | 3B | 3.2B | 3.2B | 3.2B | 3.3B |
| Long-term debt | 391.8M | 393.3M | 393M | 392.8M | 390.8M | 391.3M |
| Total liabilities | 3.3B | 3.6B | 3.9B | 3.9B | 3.9B | 4B |
| Shareholders' equity | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | 1.3B |
| Total debt | 405.6M | 419.4M | 413.1M | 407.4M | 398.9M | 396.3M |
| Net debt | 129.1M | -106.7M | -282.6M | -327.2M | -404.1M | -541.9M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | 152.3M | 134.2M | -192.6M | -127.6M | -122.3M | 143.1M |
| Depreciation & amortization | 107M | 118.2M | 64.4M | 45.2M | 53.8M | 49.8M |
| Stock-based compensation | 11.8M | 11.6M | 9.1M | 12.3M | 40.4M | 150M |
| Change in working capital | -183.6M | -418.2M | 420.1M | 393.7M | 609.7M | 308.2M |
| Operating cash flow | 160.8M | -147.1M | 236.5M | 278.3M | 524.1M | 748.1M |
| Capital expenditure | -40.2M | -31.3M | -51.2M | -42.9M | -32.7M | — |
| Investing cash flow | -46.4M | -37.3M | -65.6M | -78.2M | -40.7M | -85.3M |
| Dividends paid | — | — | — | — | — | -3.2M |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | 123.3M | -54.7M | -78.9M | -109.4M | -393.3M | -184.8M |
| Net change in cash | 237.8M | -239.1M | 92M | 90.6M | 90M | 478M |
| Free cash flow | 118M | -187M | 147.2M | 255.5M | 466.1M | 567.2M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|
| Net income | -76.2M | 42.7M | 47.1M | 18.8M | 34.4M | 39.5M | 84.1M |
| Depreciation & amortization | 12.7M | 12.6M | 12.9M | 12.2M | 12.1M | 11.5M | 10.2M |
| Stock-based compensation | 1.4M | 6.6M | 55.4M | 58.7M | 29.3M | 30.1M | 27.9M |
| Change in working capital | — | — | — | — | — | — | — |
| Operating cash flow | -86.8M | 66.7M | 262.4M | 289.1M | 173.7M | 146.9M | 187.3M |
| Capital expenditure | -7.3M | -29.6M | — | — | — | — | — |
| Investing cash flow | -13.4M | -23.9M | -20.7M | -15.2M | -55.1M | -28.4M | -15.8M |
| Dividends paid | — | — | — | — | — | -3.3M | -3.2M |
| Share repurchases | — | — | — | — | — | -20M | -10M |
| Financing cash flow | -153.4M | -146.4M | 11.7M | -14.8M | -32M | -46.5M | -21M |
| Net change in cash | -253.6M | -103.5M | 253.4M | 259.1M | 86.5M | 72M | 150.4M |
| Free cash flow | 320.4M | -7.2M | 235.6M | 240.2M | 98.7M | 128.9M | 153.6M |