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 | $1.32 | $1.47 | +11.4% | — | $1.5B | — |
| Q1 26 | $1.27 | $1.5 | +18.1% | — | $1.4B | — |
| Q4 25 | $1.23 | $1.33 | +8.1% | — | $1.4B | — |
| Q3 25 | $1.07 | $1.25 | +16.8% | — | $1.3B | — |
| Q2 25 | $1.05 | $1.19 | +13.3% | — | $1.2B | — |
| Q1 25 | $0.96 | $1.14 | +18.7% | — | $1.2B | — |
| Q4 24 | $1.03 | $1 | -2.9% | — | $1.2B | — |
| Q3 24 | $0.86 | $1.02 | +18.6% | — | $1.1B | — |
| Q2 24 | $0.7 | $0.87 | +24.3% | — | $1.1B | — |
| Q1 24 | $0.59 | $0.8 | +35.6% | — | $1B | — |
| Q4 23 | $0.58 | $0.86 | +48.3% | — | $1.1B | — |
| Q3 23 | $0.35 | $0.58 | +65.7% | — | $1B | — |
| Q2 23 | $0.3 | $0.54 | +80.0% | — | $1B | — |
| Q1 23 | $0.21 | $0.47 | +123.8% | — | $1B | — |
| Q4 22 | -$0.09 | $0.22 | +344.4% | — | $1B | — |
| Q3 22 | -$0.36 | -$0.27 | +25.0% | — | $983M | — |
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 | — | $0.22 | — | — | $5.1B | — |
| FY24 | — | -$0.66 | — | — | $4.5B | — |
| FY23 | — | -$5.54 | — | — | $4.2B | — |
| FY22 | — | -$6.86 | — | — | $3.8B |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $277.3M | $399M | $650.1M | $1.1B | $1.8B | $2.8B | $3.8B | $4.2B | $4.5B | $5.1B |
| YoY change | +66.1% | +43.9% | +62.9% | +74.5% | +55.3% | +61.3% | +34.6% | +8.56% | +7.32% | +13.7% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 277.3M | 399M | 650.1M | 1.1B | 1.8B | 2.8B | 3.8B | 4.2B | 4.5B | 5.1B |
| Cost of revenue | 120.5M | 182.9M | 300.8M | 525.6M | 846.1M | 1.5B | 2B | 2.1B | 2.2B | 2.6B |
| Gross profit | 156.8M | 216.1M | 349.2M | 608.9M | 915.7M | 1.4B | 1.8B | 2B | 2.3B | 2.5B |
| Gross margin | 56.5% | 54.2% | 53.7% | 53.7% | 52% | 48.9% | 47.4% | 49.2% | 51.1% | 48.9% |
| Research & development | 77.9M | 120.7M | 171.4M | 391.4M | 530.5M | 789.2M | 1.1B | 942.8M | 1B | 1B |
| Selling, general & administrative | 116.3M | 161.5M | 293.1M | 587.3M | 878M | 1.5B | 1.8B | 1.5B | 1.3B | 1.2B |
| Operating expenses | 198.1M | 283.4M | 471.6M | 978.7M | 1.4B | 2.3B | 2.8B | 2.4B | 2.3B | 2.3B |
| Operating income | -37.5M | -66.1M | -115.2M | -369.8M | -492.9M | -915.6M | -1B | -390.3M | -40.4M | 174.7M |
| Operating margin | -13.5% | -16.6% | -17.7% | -32.6% | -28% | -32.2% | -26.9% | -9.4% | -0.91% | 3.45% |
| Non-operating income, net | -3.5M | 3.1M | -5.9M | 7.6M | -11.5M | -45.3M | -212.7M | -606.4M | -48.2M | -119.6M |
| Pretax income | -41M | -63M | -121.2M | -362.2M | -504.4M | -960.9M | -1.2B | -996.7M | -88.6M | 55.1M |
| Income tax | 326K | 705K | 791K | -55.2M | -13.4M | -11M | 12.5M | 18.7M | 20.8M | 21.3M |
| Net income | -41.3M | -63.7M | -121.9M | -307.1M | -491M | -949.9M | -1.3B | -1B | -109.4M | 33.8M |
| Net margin | -14.9% | -16% | -18.8% | -27.1% | -27.9% | -33.4% | -32.8% | -24.4% | -2.45% | 0.67% |
| EBITDA | -25.3M | -47.3M | -89.1M | -259.4M | -343.2M | -657.2M | -577.5M | 426.5M | 187M | 467.6M |
| EPS | -0.78 | -0.7 | -1.26 | -2.36 | -3.35 | -5.45 | -6.86 | -5.54 | -0.66 | 0.22 |
| Diluted EPS | -0.78 | -0.7 | -1.26 | -2.36 | -3.35 | -5.45 | -6.86 | -5.54 | -0.66 | 0.21 |
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 | 1B | 1.1B | 1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 1.3B | 1.4B | 1.4B | 1.5B |
| Cost of revenue | 517.4M | 544.8M | 503M | 526.7M | 555M | 595.1M | 590.9M | 625.7M | 668.3M | 703.6M | 722.7M | 773.2M |
| Gross profit | 516.3M | 531.2M | 544M | 555.8M | 578.6M | 599.7M | 581.6M | 602.7M | 632.1M | 662.4M | 684.2M | 725.9M |
| Gross margin | 50% | 49.4% | 52% | 51.3% | 51% | 50.2% | 49.6% | 49.1% | 48.6% | 48.5% | 48.6% | 48.4% |
| Research & development | 241.7M | 235.6M | 251.6M | 243.7M | 260.9M | 252.6M | 254.3M | 243.5M | 262.3M | 260.1M | 262.2M | 273.3M |
| Selling, general & administrative | 377M | 345.6M | 326M | 331.5M | 318.9M | 286.2M | 304.2M | 322.3M | 328.8M | 283M | 314.4M | 335.2M |
| Operating expenses | 618.6M | 581.2M | 577.6M | 575.2M | 579.8M | 538.8M | 558.5M | 565.8M | 591.1M | 543.1M | 576.6M | 608.5M |
| Operating income | -102.3M | -50M | -33.6M | -19.3M | -1.2M | 13.7M | 23.1M | 37M | 40.9M | 73.7M | 107.7M | 117.3M |
| Operating margin | -9.9% | -4.65% | -3.21% | -1.79% | -0.11% | 1.14% | 1.97% | 3.01% | 3.15% | 5.39% | 7.65% | 7.83% |
| Non-operating income, net | -37.7M | -309.6M | -11.6M | -6.9M | -2.5M | -27.2M | 3.5M | -3.4M | -8.3M | -111.4M | -5.4M | -41.8M |
| Pretax income | -140M | -359.7M | -45.2M | -26.2M | -3.7M | -13.6M | 26.6M | 33.6M | 32.7M | -37.8M | 102.2M | 75.5M |
| Income tax | 1.7M | 5.8M | 10.2M | 5.6M | 6.1M | -1.1M | 6.6M | 11.2M | -4.6M | 8.1M | 12.1M | -991.7M |
| Net income | -141.7M | -365.4M | -55.3M | -31.9M | -9.7M | -12.5M | 20M | 22.4M | 37.2M | -45.9M | 90.1M | 1.1B |
| Net margin | -13.7% | -34% | -5.29% | -2.94% | -0.86% | -1.04% | 1.71% | 1.83% | 2.86% | -3.36% | 6.41% | 71.2% |
| EBITDA | -23.1M | 327.1M | 29.7M | 33.1M | 54.1M | 70.2M | 72.6M | 86.8M | 89.4M | 121.2M | 141.8M | 179.6M |
| EPS | -0.78 | -2.01 | -0.31 | -0.19 | -0.06 | -0.08 | 0.13 | 0.15 | 0.23 | -0.3 | 0.59 | 6.99 |
| Diluted EPS | -0.78 | -2.01 | -0.31 | -0.19 | -0.06 | -0.08 | 0.12 | 0.14 | 0.23 | -0.3 | 0.57 | 6.68 |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | 8.7B | — | — | — | 9B | 13.9B | 17.9B | 21.8B | 44.1B |
| Enterprise value | — | — | 8.4B | — | — | — | 6B | 11.1B | 16.7B | 20.4B | 40.8B |
| Shares outstanding | 53.1M | 91.2M | 97.1M | 130.1M | 146.7M | 174.2M | 183M | 183.3M | 165.9M | 153M | 153M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | 643.2 | 39.3 |
| P/S | — | — | 13.3 | — | — | — | 2.34 | 3.35 | 4.02 | 4.29 | 7.85 |
| P/B | — | — | 19.8 | — | — | — | 0.85 | 1.43 | 2.25 | 2.78 | 4.87 |
| EV/EBITDA | — | — | -93.8 | — | — | — | -10.5 | 26 | 89.1 | 43.6 | 81.6 |
| EV/Sales | — | — | 12.9 | — | — | — | 1.58 | 2.67 | 3.74 | 4.02 | 7.32 |
| Earnings yield | — | — | — | — | — | — | — | — | — | 0.16% | 2.54% |
| FCF yield | — | — | -0.19% | — | — | — | -3.73% | 2.61% | 3.67% | 4.34% | 2.17% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.01 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 56.5% | 54.2% | 53.7% | 53.7% | 52% | 48.9% | 47.4% | 49.2% | 51.1% | 48.9% | 48.4% |
| Operating margin | -13.5% | -16.6% | -17.7% | -32.6% | -28% | -32.2% | -26.9% | -9.4% | -0.91% | 3.45% | 7.83% |
| Net margin | -14.9% | -16% | -18.8% | -27.1% | -27.9% | -33.4% | -32.8% | -24.4% | -2.45% | 0.67% | 20.6% |
| ROE | -12.5% | -17.7% | -27.8% | -7.18% | -5.81% | -8.61% | -11.9% | -10.4% | -1.38% | 0.43% | 13.5% |
| ROA | -10% | -14.2% | -11.9% | -5.96% | -5.18% | -7.31% | -10% | -8.75% | -1.11% | 0.35% | 2.06% |
| ROIC | -157.5% | -95.8% | -91.1% | -12.1% | -8.19% | -13.2% | -13.5% | -5.66% | -0.61% | 1.67% | 4.6% |
| Return on tangible assets | -10.7% | -17% | -16.2% | 54.3% | 25.6% | 3.8K% | 571.4% | 586.6% | 17.6% | -6.65% | 4.5K% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.79 | 4.5 | 6.33 | 8.34 | 7.52 | 8.43 | 6.17 | 6.64 | 4.2 | 4.03 | 4.62 |
| Quick ratio | 4.79 | 4.5 | 6.33 | 8.34 | 7.52 | 8.43 | 6.17 | 6.64 | 4.2 | 4.03 | 4.62 |
| Debt / equity | — | 0 | 1 | 0.15 | 0.07 | 0.12 | 0.12 | 0.12 | 0.14 | 0.14 | 0.12 |
| Debt / assets | — | 0 | 0.42 | 0.12 | 0.06 | 0.1 | 0.1 | 0.1 | 0.11 | 0.11 | 0.1 |
| Net debt / EBITDA | — | 6.15 | 3.5 | 4.67 | 7.09 | 6.19 | 5.05 | -6.65 | -6.81 | -2.97 | -2.99 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 38.6% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 5.22 | 4.37 | 6.69 | 8.72 | 12 | 16.3 | 20.9 | 22.7 | 26.9 | 33.1 | 36.5 |
| EPS (basic) | -0.78 | -0.7 | -1.26 | -2.36 | -3.35 | -5.45 | -6.86 | -5.54 | -0.66 | 0.22 | 0.22 |
| EPS (diluted) | -0.78 | -0.7 | -1.26 | -2.36 | -3.35 | -5.45 | -6.86 | -5.54 | -0.66 | 0.21 | 7.25 |
| Book value per share | 6.2 | 3.94 | 4.51 | 32.9 | 57.6 | 63.3 | 57.7 | 53.1 | 47.9 | 51.1 | 58.5 |
| FCF per share | -0.31 | -0.33 | -0.17 | -0.41 | -0.18 | -0.85 | -1.83 | 1.98 | 3.96 | 6.18 | 6.19 |
| Cash per share | 5.75 | 3.19 | 7.7 | 14.2 | 20.7 | 30.8 | 22.7 | 21.9 | 14.4 | 16.1 | 17.3 |
| Capex per share | 0.27 | 0.1 | 0.05 | 0.35 | 0.18 | 0.26 | 0.19 | 0.06 | 0.04 | 0.34 | 0.38 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 5.11% | 2.39% | 0.79% | 4% | 1.46% | 1.62% | 0.9% | 0.27% | 0.16% | 1.03% | 1.1% |
| Capex / operating cash flow | -648.4% | -394.3% | -18% | -622.4% | -27.6% | -23.3% | -7.88% | -19.6% | 1.07% | 5.18% | 5.77% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$5.45 | — | — | $2.8B | — |
| FY20 | — | -$3.35 | — | — | $1.8B | — |
| FY19 | — | -$2.36 | — | — | $1.1B | — |
| FY18 | — | -$1.26 | — | — | $650.1M | — |
| FY17 | — | -$0.7 | — | — | $399M | — |
| FY16 | — | -$0.78 | — | — | $277.3M | — |
| 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 | $1B | $1.1B | $1B | $1.1B | $1.1B | $1.2B | $1.2B | $1.2B | $1.3B | $1.4B | $1.4B | $1.5B |
| YoY change | +5.15% | +5.01% | +4.02% | +4.31% | +9.67% | +11% | +12% | +13.5% | +14.7% | +14.3% | +20% | +22% |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 305.7M | 290.9M | 748.3M | 1.9B | 3B | 5.4B | 4.2B | 4B | 2.4B | 2.5B |
| Receivables | 26.2M | 43.1M | 97.7M | 154.1M | 251.2M | 388.2M | 547.5M | 562.8M | 588.5M | 636.7M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 353.4M | 353.3M | 872.9M | 2.1B | 3.4B | 5.9B | 5B | 4.9B | 3.4B | 3.6B |
| Property, plant & equipment | 37.6M | 50.5M | -6.6M | 197.8M | 299.4M | 291.3M | 127.3M | -14.1M | 483.4M | 509.9M |
| Goodwill & intangibles | 27.7M | 75.8M | 276.7M | 5.7B | 11.4B | 13B | 12.8B | 11.8B | 10.5B | 10.3B |
| Total assets | 412.7M | 449.8M | 1B | 5.2B | 9.5B | 13B | 12.6B | 11.6B | 9.9B | 9.8B |
| Accounts payable | 4.2M | 11.1M | 18.5M | 39.1M | 60M | 93.3M | 124.6M | 119.6M | 100.2M | 85.1M |
| Short-term debt | — | — | — | 34.1M | 57.4M | 64.7M | 66.1M | 58.4M | 33.7M | 35.1M |
| Total current liabilities | 73.7M | 78.5M | 137.8M | 247.2M | 448.3M | 703.5M | 808.2M | 738.3M | 820.2M | 887M |
| Long-term debt | — | 0 | 436.7M | 606.1M | 549.8M | 1.2B | 1.2B | 1.1B | 1.1B | 1B |
| Total liabilities | 83.2M | 89.9M | 590.5M | 871.1M | 1B | 2B | 2B | 1.9B | 1.9B | 1.9B |
| Shareholders' equity | 329.4M | 359.8M | 438.2M | 4.3B | 8.5B | 11B | 10.6B | 9.7B | 8B | 7.8B |
| Total debt | — | 0 | 436.7M | 640.2M | 607.2M | 1.3B | 1.2B | 1.2B | 1.1B | 1.1B |
| Net debt | — | -115.3M | -50.5M | 386.6M | -326.7M | -192.5M | 587.6M | 521.3M | 688.9M | 399.2M |
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 | 3.9B | 4B | 3.8B | 3.1B | 2.7B | 2.4B | 2.4B | 2.5B | 2.5B | 2.5B | 2.3B | 2.7B |
| Receivables | 557.2M | 562.8M | 540.9M | 537.3M | 550.9M | 588.5M | 577.6M | 588M | 613.1M | 636.7M | 710.5M | 760.1M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 4.7B | 4.9B | 4.7B | 4B | 3.5B | 3.4B | 3.5B | 3.5B | 3.5B | 3.6B | 3.4B | 3.7B |
| Property, plant & equipment | 301.4M | -14.1M | 164.8M | 155.5M | 494.9M | 483.4M | 482.9M | 231.1M | 222.6M | 509.9M | 210.9M | 217.1M |
| Goodwill & intangibles | 11.8B | 11.8B | 11.3B | 11.3B | 10.5B | 10.5B | 10.4B | 10.9B | 10.8B | 10.3B | 10.8B | 10.8B |
| Total assets | 11.9B | 11.6B | 11.3B | 10.5B | 10B | 9.9B | 9.8B | 9.8B | 9.7B | 9.8B | 9.6B | 10.8B |
| Accounts payable | 104.4M | 119.6M | 82.2M | 61.8M | 71.3M | 100.2M | 107.7M | 76.2M | 40.3M | 85.1M | 91.7M | 70.6M |
| Short-term debt | 60.5M | 58.4M | 54.1M | 47.9M | 41M | 33.7M | 31.9M | 34.3M | 35M | 35.1M | 32.1M | 29.4M |
| Total current liabilities | 726.1M | 738.3M | 714.6M | 711.5M | 700.7M | 820.2M | 725.9M | 720.1M | 742.3M | 887M | 740.3M | 810.7M |
| Long-term debt | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1B | 1B | 1B |
| Total liabilities | 1.9B | 1.9B | 1.8B | 1.8B | 1.8B | 1.9B | 1.8B | 1.8B | 1.8B | 1.9B | 1.8B | 1.9B |
| Shareholders' equity | 10B | 9.7B | 9.4B | 8.7B | 8.2B | 8B | 8B | 8B | 7.9B | 7.8B | 7.8B | 9B |
| Total debt | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B |
| Net debt | 516.5M | 521.3M | 488.1M | 390.1M | 542M | 688.9M | 633.8M | 133.4M | 360M | 399.2M | 526.2M | 242.3M |
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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -41.3M | -63.7M | -121.9M | -307.1M | -491M | -949.9M | -1.3B | -1B | -109.4M | 33.8M |
| Depreciation & amortization | 8.3M | 18.8M | 26.1M | 110.4M | 149.7M | 258.4M | 279.1M | 284.4M | 206M | 195.4M |
| Stock-based compensation | 24.2M | 49.6M | 93.3M | 264.3M | 360.9M | 632.3M | 798.6M | 675.9M | 616.6M | 600.4M |
| Change in working capital | 6.5M | -9.1M | -51.2M | -73.8M | -174.1M | -234.7M | -377.7M | -122.5M | -168.1M | -227.1M |
| Operating cash flow | -2.2M | -2.4M | -28.4M | -7.3M | -93.4M | -197.3M | -436.7M | -57.8M | 651.4M | 1B |
| Capital expenditure | -14.2M | -9.5M | -5.1M | -45.4M | -25.8M | -46M | -34.4M | -11.3M | -7M | -52M |
| Investing cash flow | -30.1M | -206.3M | -119.9M | -1.3B | -812.5M | -2.4B | -570.7M | 268.5M | 1.4B | 86.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -2K | -100K | 0 | 0 | — | — | 0 | -668.8M | -2.3B | -868.9M |
| Financing cash flow | 220.1M | -1.2M | 475.9M | 962.7M | 1.4B | 3B | -14.6M | -687.5M | -2.3B | -874.5M |
| Net change in cash | 187.8M | -210M | 327.6M | -308.5M | 482.6M | 316.8M | -1B | -476.8M | -274.9M | 215.6M |
| Free cash flow | -16.4M | -30.1M | -16.7M | -53.2M | -26.5M | -148.2M | -334.6M | 363.5M | 657.5M | 945.4M |
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 | -141.7M | -365.4M | -55.3M | -31.9M | -9.7M | -12.5M | 20M | 22.4M | 37.2M | -45.9M | 90.1M | 1.1B |
| Depreciation & amortization | 72.6M | 65.4M | 53.3M | 52.1M | 50.8M | 49.8M | 49.6M | 49.8M | 48.5M | 47.5M | 34.2M | 29.5M |
| Stock-based compensation | 185.5M | 166.5M | 158.6M | 147.7M | 154.6M | 155.8M | 139.3M | 149.3M | 158.2M | 153.7M | 136.5M | 141.9M |
| Change in working capital | 27.6M | 1.6M | -29.6M | -46.6M | -47.5M | -44.5M | -5M | -99.5M | -74.3M | -48.4M | -79.9M | -143.8M |
| Operating cash flow | 170.6M | -104.1M | 155.9M | 148.2M | 170.5M | 176.2M | 234.2M | 277.1M | 263.6M | 271.6M | 153.2M | 372.4M |
| Capital expenditure | -765K | -2.3M | -1.7M | -1.1M | -792K | -3.4M | -1.2M | -12.6M | -13.8M | -14M | -16.7M | -16.7M |
| Investing cash flow | -133.6M | -127.7M | 200.9M | 799.3M | 281.8M | 140.6M | -7.6M | 403M | -159.3M | -77.5M | -37M | -50.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -63.8M | -119.9M | -356.9M | -916.8M | -640.6M | -420.1M | -126.3M | -197M | -347.2M | -198.5M | -253M | -70M |
| Financing cash flow | -67.7M | -122.3M | -363.6M | -919.1M | -643.7M | -422.5M | -128.6M | -199.1M | -348.3M | -198.5M | -253.1M | -70.1M |
| Net change in cash | -30.8M | -354.1M | -6.8M | 28.4M | -191.5M | -105.6M | 98M | 481.1M | -244M | -4.5M | -137M | 252.1M |
| Free cash flow | 195.2M | 210.9M | 177.3M | 197.6M | 189.1M | 93.5M | 178.3M | 263.5M | 247.5M | 256.1M | 132.3M | 352.6M |