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 % |
|---|---|---|---|---|---|---|
| Q3 24 | -$40 | -$1.6 | +96.0% | — | $193.9M | — |
| Q4 23 | — | -$0.12 | — | — | $246.4M | — |
| Q3 23 | -$46 | -$21.7 | +52.8% | — | $320.1M | — |
| Q2 23 | -$3.41 | -$2.41 | +29.3% | — | $335.1M | — |
| Q1 23 | -$58.4 | -$53.3 | +8.7% | — | $351.8M | — |
| Q4 22 | -$56 | -$159.9 | -185.6% | — | $408.3M | — |
| Q3 22 | -$0.31 | -$0.26 | +16.1% | — | $420.4M | — |
| Q2 22 | -$0.29 | -$0.25 | +13.8% | — | $425.5M | — |
| Q1 22 | -$0.35 | -$0.25 | +28.6% | — | $325.6M | — |
| Q4 21 | -$46.8 | -$43.4 | +7.3% | — | $345M | — |
| Q3 21 | -$23.3 | -$23.4 | -0.3% | — | $302M | — |
| Q2 21 | -$23 | -$50 | -117.4% | — | $285.6M | — |
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 | — | -$8.4 | — | — | $736.5M | — |
| FY24 | — | -$0.49 | — | — | $792.1M | — |
| FY23 | — | -$3.69 | — | — | $1.3B | — |
| FY22 | — | -$20.6 | — | — | $1.6B | — |
| FY21 | — | -$9.3 | — | — |
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 | $384.9M | $695M | $1.2B | $1.6B | $1.3B | $792.1M | $736.5M |
| YoY change | — | +80.6% | +71.8% | +32.3% | -20.7% | -36.8% | -7.02% |
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 | 384.9M | 695M | 1.2B | 1.6B | 1.3B | 792.1M | 736.5M |
| Cost of revenue | 380M | 693.3M | 1.2B | 1.6B | 1.3B | 789.6M | 723.9M |
| Gross profit | 4.9M | 1.7M | 22.4M | -26.5M | -37.7M | 2.5M | 12.6M |
| Gross margin | 1.27% | 0.24% | 1.88% | -1.68% | -3.01% | 0.31% | 1.71% |
| Research & development | 14M | 21M | 33.6M | 57.2M | 61.9M | 40.7M | 38.8M |
| Selling, general & administrative | 69M | 120M | 193.4M | 300.6M | 234.7M | 221.9M | 233.9M |
| Operating expenses | 83M | 64.6M | 227M | 357.9M | 296.6M | 262.6M | 272.7M |
| Operating income | -78.1M | -63M | -204.6M | -384.4M | -334.3M | -260.1M | -260.1M |
| Operating margin | -20.3% | -9.06% | -17.1% | -24.3% | -26.7% | -32.8% | -35.3% |
| Non-operating income, net | — | — | 16.8M | -167.2M | -116.6M | -15.1M | 56.9M |
| Pretax income | -106.9M | -85.4M | -197.2M | -555.4M | -486M | -338.4M | -290.7M |
| Income tax | 0 | 0 | 58K | 170K | 1.4M | 1.2M | 3.5M |
| Net income | -106.9M | -85.4M | -197.2M | -555.5M | -487.4M | -339.6M | -294.2M |
| Net margin | -27.8% | -12.3% | -16.5% | -35.2% | -38.9% | -42.9% | -39.9% |
| EBITDA | -38.2M | -3.9M | -150.3M | -315.8M | -270.3M | -202.1M | -197.4M |
| EPS | -3.92 | -3.21 | -9.3 | -20.6 | -3.69 | -0.49 | -8.4 |
| Diluted EPS | -3.92 | -3.21 | -9.3 | -20.6 | -3.69 | -0.49 | -8.4 |
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 | 320.1M | 246.4M | 197.1M | 196.3M | 193.9M | 204.8M | 177.5M | 189.6M | 185.5M | 183.8M | 168.9M | 182M |
| Cost of revenue | 315.3M | 264.4M | 213.7M | 207.3M | 179.3M | 189.3M | 178.6M | 187.4M | 186.8M | 171M | 170.9M | 172.4M |
| Gross profit | 4.7M | -18.1M | -16.6M | -11M | 14.6M | 15.5M | -1.1M | 2.2M | -1.3M | 12.8M | -2M | 9.6M |
| Gross margin | 1.47% | -7.33% | -8.4% | -5.6% | 7.51% | 7.56% | -0.62% | 1.16% | -0.71% | 6.96% | -1.18% | 5.26% |
| Research & development | 20M | 11.6M | 11.1M | 10.5M | 9.6M | 9.5M | 10.5M | 9.4M | 10.2M | 8.7M | 8.7M | 8.8M |
| Selling, general & administrative | 65.4M | 40.9M | 57.7M | 57.4M | 47.1M | 59.7M | 79M | 54.6M | 54.1M | 46.3M | 49M | 58.4M |
| Operating expenses | 85.4M | 52.5M | 68.8M | 68M | 56.7M | 69.2M | 89.5M | 64M | 64.2M | 55M | 57.8M | 67.3M |
| Operating income | -80.6M | -70.5M | -85.3M | -79M | -42.1M | -53.7M | -90.6M | -61.8M | -65.6M | -42.2M | -59.7M | -57.7M |
| Operating margin | -25.2% | -28.6% | -43.3% | -40.2% | -21.7% | -26.2% | -51% | -32.6% | -35.3% | -23% | -35.4% | -31.7% |
| Non-operating income, net | -52.7M | 4.2M | 2.3M | -1.2M | -71K | -16.1M | 10.1M | 1.7M | 6M | 39M | 2.4M | -17.3M |
| Pretax income | -144.2M | -80.5M | -97.5M | -96.5M | -57.3M | -87M | -99.2M | -81.3M | -82.4M | -27.7M | -82.4M | -107.4M |
| Income tax | 579K | 632K | -114K | 441K | 405K | 494K | 78K | 959K | 1.3M | 1.1M | 509K | -119K |
| Net income | -144.8M | -81.1M | -97.4M | -97M | -57.7M | -87.5M | -99.3M | -82.3M | -83.7M | -28.9M | -83M | -107.2M |
| Net margin | -45.2% | -32.9% | -49.4% | -49.4% | -29.8% | -42.7% | -55.9% | -43.4% | -45.1% | -15.7% | -49.1% | -58.9% |
| EBITDA | -64.2M | -56.8M | -70M | -63.3M | -28.9M | -40M | -68.9M | -47.9M | -51M | -29.5M | -47.8M | -45.1M |
| EPS | -3.51 | — | -0.14 | -0.14 | -0.08 | -0.13 | -2.8 | -2.4 | -2.4 | -0.8 | -2.29 | -2.97 |
| Diluted EPS | -3.51 | — | -0.14 | -0.14 | -0.08 | -0.13 | -2.8 | -2.4 | -2.4 | -0.8 | -2.29 | -2.97 |
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 | — | — | — | — | — | — | — | 129.8M |
| Enterprise value | — | — | — | — | — | — | — | 782.6M |
| Shares outstanding | 24.5M | 24.5M | 20.5M | 24.6M | 132.2M | 697.7M | 35.3M | 35.3M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | 0.12 |
| P/S | — | — | — | — | — | — | — | 0.18 |
| P/B | — | — | — | — | — | — | — | -0.24 |
| EV/EBITDA | — | — | — | — | — | — | — | -4.27 |
| EV/Sales | — | — | — | — | — | — | — | 1.09 |
| Earnings yield | — | — | — | — | — | — | — | 811.5% |
| FCF yield | — | — | — | — | — | — | — | -303.9% |
| PEG | — | — | — | — | — | — | — | 0.01 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 1.27% | 0.24% | 1.88% | -1.68% | -3.01% | 0.31% | 1.71% | 5.26% |
| Operating margin | -20.3% | -9.06% | -17.1% | -24.3% | -26.7% | -32.8% | -35.3% | -31.3% |
| Net margin | -27.8% | -12.3% | -16.5% | -35.2% | -38.9% | -42.9% | -39.9% | -42% |
| ROE | — | -29.1% | -26.8% | -220.5% | -500.4% | 173.1% | 75% | 75% |
| ROA | — | -6.28% | -9.96% | -28.9% | -37% | -29.3% | -30.4% | -14.2% |
| ROIC | — | -23.8% | -306.5% | -1.2K% | -196.2% | -432.3% | 493.9% | -332.1% |
| Return on tangible assets | — | -36.8% | -24.3% | -58.9% | -75.7% | -64.1% | -73.8% | -80% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 0.47 | 0.82 | 0.61 | 0.48 | 0.36 | 0.27 | 0.28 |
| Quick ratio | — | 0.46 | 0.81 | 0.57 | 0.45 | 0.35 | 0.26 | 0.28 |
| Debt / equity | — | 0.96 | 0.16 | 1.45 | 3.46 | -2.41 | -1.21 | -0.01 |
| Debt / assets | — | 0.21 | 0.06 | 0.19 | 0.26 | 0.41 | 0.49 | 0.77 |
| Net debt / EBITDA | — | 7.59 | 4.45 | 0.7 | -0.27 | -1.27 | -1.72 | -3.62 |
| Interest coverage | -2.64 | -2.72 | -19.7 | -72.9 | -10.8 | -4.18 | -2.21 | -1.81 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 15.7 | 28.3 | 58.3 | 64.3 | 9.48 | 1.14 | 20.9 | 20 |
| EPS (basic) | -3.92 | -3.21 | -9.3 | -20.6 | -3.69 | -0.49 | -8.4 | -8.4 |
| EPS (diluted) | -3.92 | -3.21 | -9.3 | -20.6 | -3.69 | -0.49 | -8.4 | -8.45 |
| Book value per share | — | 12 | 36 | 10.3 | 0.74 | -0.28 | -11.1 | -15.4 |
| FCF per share | -1.34 | 7.91 | 3.24 | -15.6 | -5.34 | -0.31 | -8.02 | -12.4 |
| Cash per share | — | 12.8 | 38.3 | 23.8 | 2 | 0.31 | 3.79 | 2.38 |
| Capex per share | 0.17 | 0.29 | 1.63 | 2.95 | 0.33 | 0.06 | 0.32 | 0.25 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.08% | 1.02% | 2.79% | 4.59% | 3.5% | 5.01% | 1.56% | 1.27% |
| Capex / operating cash flow | -14.5% | 3.4% | 24.6% | -17.2% | -6.01% | -31.8% | -6.9% | -3.71% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| $1.2B |
| — |
| FY20 | — | -$3.21 | — | — | $695M | — |
| FY19 | — | -$3.92 | — | — | $384.9M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $320.1M | $246.4M | $197.1M | $196.3M | $193.9M | $204.8M | $177.5M | $189.6M | $185.5M | $183.8M | $168.9M | $182M |
| YoY change | -23.9% | -39.7% | -44% | -41.4% | -39.4% | -16.9% | -9.93% | -3.39% | -4.34% | -10.2% | -4.85% | -4.03% |
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 | 312.8M | 784.6M | 585.9M | 263.9M | 216.4M | 133.9M |
| Receivables | 50.4M | 79.4M | 112.4M | 38.2M | 32.3M | 24.2M |
| Inventory | 5.3M | 9.4M | 53.8M | 22.3M | 12.2M | 11.6M |
| Total current assets | 395.5M | 933.1M | 819.6M | 434M | 332.1M | 249.4M |
| Property, plant & equipment | -88M | -59M | -68M | -72M | -41.5M | 50.4M |
| Goodwill & intangibles | 1.1B | 1.2B | 979.8M | 671.9M | 627.9M | 570M |
| Total assets | 1.4B | 2B | 1.9B | 1.3B | 1.2B | 968.8M |
| Accounts payable | 20.9M | 43.7M | 43.2M | 33M | 30M | 20.4M |
| Short-term debt | 78.5M | 31.6M | 57M | 46.9M | 45.7M | 35.9M |
| Total current liabilities | 839.9M | 1.1B | 1.3B | 907.5M | 917.3M | 907.6M |
| Long-term debt | 204.8M | 83.5M | 309M | 290M | 427.1M | 437.4M |
| Total liabilities | 1.1B | 1.2B | 1.7B | 1.2B | 1.4B | 1.4B |
| Shareholders' equity | 293.8M | 736.2M | 251.9M | 97.4M | -196.2M | -392.1M |
| Total debt | 283.3M | 115.1M | 365.9M | 336.9M | 472.8M | 473.4M |
| Net debt | -29.5M | -669.5M | -219.9M | 73M | 256.4M | 339.4M |
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 | 244.8M | 263.9M | 180.9M | 141.5M | 115.9M | 216.4M | 171.8M | 107M | 125.3M | 133.9M | 54.1M | 86.3M |
| Receivables | 46.8M | 38.2M | 42.3M | 34M | 32M | 32.3M | 41.8M | 38.7M | 32.4M | 24.2M | 32.3M | 28.2M |
| Inventory | 26.1M | 22.3M | 20.6M | 21.2M | 22.5M | 12.2M | 12.7M | 12.2M | 9.1M | 11.6M | 2.2M | 2M |
| Total current assets | 409.8M | 434M | 332.9M | 288.8M | 271.3M | 332.1M | 298.8M | 233.7M | 248.3M | 249.4M | 164.8M | 221.9M |
| Property, plant & equipment | -77.9M | -72M | -72.8M | -67.5M | -54.4M | -41.5M | -62.7M | -51.1M | -48.9M | 50.4M | 56.7M | 122.7M |
| Goodwill & intangibles | 675.2M | 671.9M | 659.9M | 649.9M | 650.3M | 627.9M | 623.1M | 623.6M | 580M | 570M | 557.5M | 547.9M |
| Total assets | 1.3B | 1.3B | 1.2B | 1.1B | 1B | 1.2B | 1.1B | 1B | 973M | 968.8M | 916.2M | 926.6M |
| Accounts payable | 25.6M | 33M | 45.7M | 41.9M | 35M | 30M | 37.9M | 35.4M | 30.9M | 20.4M | 22.9M | 26.6M |
| Short-term debt | 25.2M | 46.9M | 43M | 21.2M | 30M | 45.7M | 31.7M | 31.5M | 30.3M | 35.9M | 21.7M | 21.1M |
| Total current liabilities | 869M | 907.5M | 878.7M | 874.1M | 888.4M | 917.3M | 925.4M | 902.2M | 887.5M | 907.6M | 854.4M | 785.3M |
| Long-term debt | 294.3M | 290M | 273.9M | 268.5M | 257.4M | 427.1M | 435.8M | 442.1M | 440.5M | 437.4M | 516.7M | 693.3M |
| Total liabilities | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.4B | 1.4B | 1.4B | 1.3B | 1.4B | 1.4B | 1.5B |
| Shareholders' equity | 145.2M | 97.4M | 936K | -71.1M | -114.2M | -196.2M | -279.9M | -347.8M | -374.5M | -392.1M | -465.7M | -560.3M |
| Total debt | 319.6M | 336.9M | 316.9M | 289.7M | 287.4M | 472.8M | 467.5M | 473.7M | 470.8M | 473.4M | 538.5M | 714.4M |
| Net debt | 74.7M | 73M | 136M | 148.2M | 171.5M | 256.4M | 295.7M | 366.7M | 345.5M | 339.4M | 484.3M | 628.1M |
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 | -106.9M | -85.4M | -197.2M | -555.5M | -487.4M | -339.6M | -294.2M |
| Depreciation & amortization | 39.4M | 58.5M | 54.2M | 65.9M | 58.5M | 56.5M | 61.2M |
| Stock-based compensation | 1.9M | 3.3M | 49.7M | 89M | 25.6M | 46M | 45.4M |
| Change in working capital | 35.2M | 230.9M | 228.3M | -22.7M | -343.9M | 65.1M | -18.7M |
| Operating cash flow | -28.5M | 209M | 135.5M | -421M | -730.5M | -124.7M | -166.3M |
| Capital expenditure | -4.1M | -7.1M | -33.3M | -72.5M | 43.9M | -39.7M | -11.5M |
| Investing cash flow | -37.4M | 90M | -25.5M | -147.5M | 57.4M | -31.7M | 14.2M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | 0 | -7.7M | -31K | -485K | -1.6M |
| Financing cash flow | 87.4M | -62.8M | 371.9M | 244.8M | 301M | 78.7M | -98.5M |
| Net change in cash | 21.5M | 236.2M | 482M | -323.8M | -372.2M | -77.7M | -250.6M |
| Free cash flow | -32.9M | 194.1M | 66.4M | -382M | -706.2M | -218.1M | -283.2M |
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 | 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 | -144.8M | -81.1M | -97.4M | -97M | -57.7M | -87.5M | -99.3M | -82.3M | -83.7M | -28.9M | -83M | -107.2M |
| Depreciation & amortization | 15.5M | 13.5M | 15.4M | 15.6M | 12.5M | 13.1M | 20.2M | 13.5M | 13.9M | 13.5M | 11.7M | 12.1M |
| Stock-based compensation | 3.5M | 4M | 11.2M | 14.3M | 7.9M | 12.6M | 12.7M | 8.3M | 12.5M | 12M | 11.4M | 12.5M |
| Change in working capital | -178M | 55M | -10.7M | 19.1M | 3.7M | 52.8M | 4.2M | -30.7M | -1.9M | 10.7M | -52.2M | -57.6M |
| Operating cash flow | -302.9M | 6.7M | -72.8M | -32.6M | -28M | 8.7M | -45.6M | -62.9M | -37.1M | -18.4M | -99.6M | -91.6M |
| Capital expenditure | 27.5M | 4.6M | 19.6M | 6.3M | 2.4M | -70.3M | 14.5M | -2.6M | -3.3M | -2.3M | -1.9M | -1.6M |
| Investing cash flow | 40.6M | 4.7M | 23.1M | 5.4M | 5.6M | -69.2M | 19.5M | -6.4M | 17.4M | 1.5M | -1.9M | -1.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | -28K | -338K | -66K | -82K | 1K | -109K | -86K | -895K | -543K | -201K | -46K |
| Financing cash flow | -91.5M | 17.8M | -24.3M | -17.1M | -11.6M | 133.2M | -8.7M | -8.9M | -18.7M | -109.9M | 63.4M | 150.3M |
| Net change in cash | -353.7M | 29.2M | -74M | -44.3M | -33.9M | 72.7M | -34.8M | -78.1M | -38.3M | -126.8M | -38.1M | 57.1M |
| Free cash flow | -254.4M | -14M | -83.7M | -36.9M | -27.9M | -73.8M | -69.8M | -77.4M | -63.6M | -72.3M | -163.9M | -146.1M |