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 | $1.24 | $1.31 | +5.6% | — | $2.2B | — |
| Q1 26 | -$0.11 | -$0.11 | 0.0% | — | $1.1B | — |
| Q4 25 | $0.55 | $0.67 | +21.8% | — | $1.7B | — |
| Q3 25 | $1.2 | $1.2 | 0.0% | — | $2B | — |
| Q2 25 | $1 | $0.99 | -1.0% | — | $1.9B | — |
| Q1 25 | -$0.27 | -$0.24 | +11.1% | — | $897.1M | — |
| Q4 24 | $0.36 | $0.45 | +25.0% | — | $1.3B | — |
| Q3 24 | $0.84 | $0.89 | +6.0% | — | $1.7B | — |
| Q2 24 | $0.66 | $0.89 | +34.8% | — | $1.6B | — |
| Q1 24 | -$0.44 | -$0.74 | -68.2% | — | $718.2M | — |
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 | — | $2.59 | — | — | $6.5B | — |
| FY24 | — | $0.36 | — | — | $5.3B | — |
| FY23 | — | -$4.31 | — | — | $4.7B | — |
| FY22 | — | $0.92 | — | — | $3.2B | — |
| FY21 | — | -$4.9 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $625.1M | $3.2B | $4.7B | $5.3B | $6.5B |
| YoY change | — | +408.1% | +48.3% | +13.2% | +21.9% |
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 | Q4 24 | Q1 25 | Q2 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 625.1M | 3.2B | 4.7B | 5.3B | 6.5B |
| Cost of revenue | 712.3M | 2.2B | 2.9B | 3.1B | 3.7B |
| Gross profit | -87.2M | 1B | 1.9B | 2.2B | 2.8B |
| Gross margin | -13.9% | 32.2% | 39.5% | 41.6% | 43.3% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 459.1M | 682.8M | 789M | 883.9M | 1B |
| Operating expenses | 459.1M | 682.8M | 789M | 883.9M | 1B |
| Operating income | -750.6M | 64.3M | 818.4M | 1.1B | 1.5B |
| Operating margin | -120.1% | 2.02% | 17.4% | 20.2% | 23.1% |
| Non-operating income, net | -968.9M | 773.5M | -2.1B | -332.7M | -73.3M |
| Pretax income | -2.1B | 407.4M | -1.9B | 169.8M | 1.2B |
| Income tax | 5M | 8.9M | 6.6M | 16.9M | 19.7M |
| Net income | -2.1B | 398.5M | -1.9B | 153M | 1.1B |
| Net margin | -337.9% | 12.5% | -39.5% | 2.87% | 17.7% |
| EBITDA | -538M | 364.6M | 963.3M | 1.1B | 1.9B |
| EPS | -4.9 | 0.92 | -4.31 | 0.36 | 2.59 |
| Diluted EPS | -4.9 | 0.92 | -4.31 | 0.36 | 2.57 |
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 | 1.5B | 1.1B | 718.2M | 1.6B | 1.7B | 1.3B | 897.1M | 1.9B | 2B | 1.7B | 1.1B | 2.2B |
| Cost of revenue | 843.4M | 699.5M | 503.9M | 878.6M | 909.1M | 822.4M | 593.7M | 1B | 1.1B | 1B | 694.1M | 1.2B |
| Gross profit | 663.4M | 420.4M | 214.2M | 708.7M | 769.6M | 527.3M | 303.4M | 859.3M | 941.5M | 713.4M | 359.7M | 996.6M |
| Gross margin | 44% | 37.5% | 29.8% | 44.6% | 45.8% | 39.1% | 33.8% | 45.7% | 47.1% | 41.4% | 34.1% | 45.5% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 188.3M | 199.5M | 219.8M | 220.6M | 219M | 224.5M | 243.9M | 248.3M | 267M | 272M | 272.2M | 268.7M |
| Operating expenses | 188.3M | 199.5M | 219.8M | 220.6M | 219M | 224.5M | 243.9M | 248.3M | 267M | 272M | 272.2M | 268.7M |
| Operating income | 412.3M | 158.4M | -70.5M | 426.9M | 489.6M | 229.1M | -9.3M | 545.5M | 604.7M | 360.6M | 12.1M | 643.9M |
| Operating margin | 27.4% | 14.1% | -9.82% | 26.9% | 29.2% | 17% | -1.03% | 29% | 30.2% | 20.9% | 1.14% | 29.4% |
| Non-operating income, net | -1.5B | -653.6M | -297.8M | -56.2M | -18.3M | 39.7M | -25.6M | -37.2M | 4.5M | -15M | -1.3M | 4.7M |
| Pretax income | -1.2B | -592.4M | -492.3M | 163.3M | 379.7M | 119.2M | -102.3M | 443.8M | 520.9M | 305.3M | -49.1M | 594.5M |
| Income tax | -1.9M | 3.7M | 1.6M | 7.5M | 4.9M | 2.9M | 3.2M | 4.6M | 6.9M | 5M | 5.1M | 6.8M |
| Net income | -1.2B | -596.1M | -493.9M | 155.8M | 374.8M | 116.3M | -105.5M | 439.2M | 514M | 300.3M | -54.2M | 587.7M |
| Net margin | -82.2% | -53.2% | -68.8% | 9.82% | 22.3% | 8.62% | -11.8% | 23.4% | 25.7% | 17.4% | -5.15% | 26.8% |
| EBITDA | 419.2M | 191.9M | -12.1M | 381.2M | 549M | 222M | 78.8M | 630.5M | 693M | 464.4M | 104.5M | 756M |
| EPS | -2.87 | — | -1.15 | 0.37 | 0.87 | 0.24 | -0.24 | 0.99 | 1.16 | 0.67 | -0.12 | 1.32 |
| Diluted EPS | -2.87 | — | -1.15 | 0.37 | 0.86 | 0.24 | -0.24 | 0.99 | 1.15 | 0.67 | -0.12 | 1.31 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 35.4B |
| Enterprise value | — | — | — | — | — | 38.1B |
| Shares outstanding | 431.5M | 431.5M | 431.5M | 364M | 443.5M | 443.5M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 26.7 |
| P/S | — | — | — | — | — | 5.15 |
| P/B | — | — | — | — | — | 22.1 |
| EV/EBITDA | — | — | — | — | — | 19.9 |
| EV/Sales | — | — | — | — | — | 5.47 |
| Earnings yield | — | — | — | — | — | 3.75% |
| FCF yield | — | — | — | — | — | 1.15% |
| PEG | — | — | — | — | — | 0.8 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | -13.9% | 32.2% | 39.5% | 41.6% | 43.3% | 45.5% |
| Operating margin | -120.1% | 2.02% | 17.4% | 20.2% | 23.1% | 29.4% |
| Net margin | -337.9% | 12.5% | -39.5% | 2.87% | 17.7% | 19.3% |
| ROE | 54.4% | -11.4% | 34.7% | -69.9% | 102.4% | 139.6% |
| ROA | -27.5% | 5.07% | -21.9% | 1.51% | 9.39% | 8.14% |
| ROIC | 78.5% | 9.2% | -61.3% | 32.2% | 45.9% | 39.5% |
| Return on tangible assets | -27.8% | 5.11% | -22% | 1.52% | 9.45% | 9.84% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 0.72 | 0.53 | 0.54 | 0.62 | 0.79 | 0.81 |
| Quick ratio | 0.71 | 0.52 | 0.53 | 0.6 | 0.77 | 0.79 |
| Debt / equity | -1.25 | -1.56 | -1.04 | -25.4 | 5.12 | 3.75 |
| Debt / assets | 0.63 | 0.69 | 0.65 | 0.55 | 0.47 | 0.45 |
| Net debt / EBITDA | -5.44 | 11.5 | 4.17 | 2.83 | 1.12 | 1.18 |
| Interest coverage | -4.32 | 1.9 | -2.8 | 1.45 | 4.43 | 5.17 |
| Effective tax rate | 0% | 2.18% | 0% | 9.93% | 1.68% | 1.73% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 1.45 | 7.36 | 10.9 | 14.7 | 14.7 | 15.7 |
| EPS (basic) | -4.9 | 0.92 | -4.31 | 0.36 | 2.59 | 2.59 |
| EPS (diluted) | -4.9 | 0.92 | -4.31 | 0.36 | 2.57 | 3.01 |
| Book value per share | -9 | -8.1 | -12.4 | -0.6 | 2.53 | 3.64 |
| FCF per share | -0.6 | -1.35 | 1.61 | 3.2 | 3.46 | 2.57 |
| Cash per share | 4.45 | 2.95 | 3.56 | 6.43 | 8.23 | 8.95 |
| Capex per share | 1.3 | 2.22 | 1.57 | 2.52 | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 89.5% | 30.1% | 14.4% | 17.2% | — | — |
| Capex / operating cash flow | -217.7% | 81.6% | -98.6% | 52.1% | — | — |
| Payout ratio | -2.43% | 11.7% | -2.67% | 12.4% | 0% | 0% |
| $625.1M |
| — |
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $1.5B | $1.1B | $718.2M | $1.6B | $1.7B | $1.3B | $897.1M | $1.9B | $2B | $1.7B | $1.1B | $2.2B |
| YoY change | — | +27.1% | +14.2% | +9.11% | +11.4% | +20.5% | +24.9% | +18.5% | +19.1% | +27.8% | +17.5% | +16.5% |
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 | 1.9B | 1.3B | 1.5B | 2.3B | 3.6B |
| Receivables | 59.4M | 41.4M | 50M | 76.1M | 82.3M |
| Inventory | 32.7M | 45.4M | 54.6M | 91.5M | 95.8M |
| Total current assets | 2.9B | 2.2B | 2.4B | 3.2B | 4.5B |
| Property, plant & equipment | 4.5B | 5.4B | 5.8B | 6.6B | 7.4B |
| Goodwill & intangibles | 80.4M | 65.9M | 62.1M | 61.1M | 86.7M |
| Total assets | 7.7B | 7.9B | 8.5B | 10.1B | 12.2B |
| Accounts payable | 108.2M | 194.9M | 244.6M | 236.4M | 259M |
| Short-term debt | 222.6M | 274.6M | 277.7M | 498.7M | 401.1M |
| Total current liabilities | 4B | 4.1B | 4.4B | 5.2B | 5.7B |
| Long-term debt | 4.6B | 5.2B | 5.3B | 5.1B | 5.3B |
| Total liabilities | 11.6B | 11.4B | 13.8B | 10.3B | 11.1B |
| Shareholders' equity | -3.9B | -3.5B | -5.3B | -219M | 1.1B |
| Total debt | 4.8B | 5.5B | 5.5B | 5.6B | 5.7B |
| Net debt | 3B | 4.2B | 4B | 3.2B | 2.1B |
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 | 1.7B | 1.5B | 1.7B | 1.9B | 2.4B | 2.3B | 2.8B | 2.4B | 2.9B | 3.6B | 4B | 3.8B |
| Receivables | 53.6M | 50M | 352.1M | 56.8M | 236.7M | 76.1M | 232.2M | 109.2M | 68.2M | 82.3M | 154.7M | 147.5M |
| Inventory | 53.3M | 54.6M | 54.2M | 52.6M | 59.5M | 91.5M | 91.7M | 92.1M | 98.6M | 95.8M | 118.1M | 110.4M |
| Total current assets | 2.5B | 2.4B | 2.6B | 2.7B | 3.2B | 3.2B | 3.7B | 3.5B | 3.9B | 4.5B | 5B | 4.9B |
| Property, plant & equipment | 5.8B | 5.8B | 6B | 6B | 6.1B | 6.6B | 13.2B | 7.3B | 7.4B | 7.4B | 8B | 8.6B |
| Goodwill & intangibles | 61.4M | 62.1M | — | 62.6M | 61.2M | 61.1M | 71.1M | 70.7M | 68.4M | 86.7M | — | 90.9M |
| Total assets | 8.6B | 8.5B | 8.8B | 9B | 9.5B | 10.1B | 10.7B | 11.1B | 11.5B | 12.2B | 13.2B | 13.8B |
| Accounts payable | 240.2M | 244.6M | 187.8M | 275.2M | 264M | 236.4M | 267M | 287.1M | 263.3M | 259M | 342.5M | 327.4M |
| Short-term debt | 274.4M | 277.7M | 284.3M | 464.7M | 478.7M | 498.7M | 495.6M | 278.5M | 1.1B | 401.1M | 204.9M | 235.1M |
| Total current liabilities | 4.5B | 4.4B | 4.9B | 5.3B | 5.5B | 5.2B | 5.9B | 5.4B | 6.1B | 5.7B | 6.4B | 6.1B |
| Long-term debt | 5.3B | 5.3B | 5.2B | 4.9B | 4.8B | 5.1B | 5B | 5.4B | 4.6B | 5.3B | 5.6B | 6B |
| Total liabilities | 13.4B | 13.8B | 14.6B | 10.2B | 10.3B | 10.3B | 11B | 10.8B | 10.7B | 11.1B | 12.1B | 12.1B |
| Shareholders' equity | -4.8B | -5.3B | -5.8B | -1.2B | -781.4M | -219M | -267.5M | 278.3M | 803.5M | 1.1B | 1.1B | 1.7B |
| Total debt | 5.6B | 5.5B | 5.5B | 5.3B | 5.3B | 5.6B | 5.5B | 5.7B | 5.6B | 5.7B | 5.8B | 6.2B |
| Net debt | 3.9B | 4B | 3.8B | 3.5B | 2.9B | 3.2B | 2.8B | 3.2B | 2.8B | 2.1B | 1.8B | 2.4B |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -2.1B | 398.5M | -1.9B | 153M | 1.1B |
| Depreciation & amortization | 204.4M | 276.5M | 251.3M | 260.8M | 284.8M |
| Stock-based compensation | 23.9M | 25.3M | 17.9M | 14.1M | 88.5M |
| Change in working capital | 1.2B | 39.9M | 299.3M | 763.1M | 696.9M |
| Operating cash flow | -256.9M | 1.2B | -686M | 1.8B | 2.6B |
| Capital expenditure | -559.4M | -956.4M | -676.3M | -917.4M | — |
| Investing cash flow | -677.4M | -856.4M | -683.3M | -925.9M | -6.3M |
| Dividends paid | -51.2M | -46.5M | -49.6M | -18.9M | 0 |
| Share repurchases | -200M | 0 | 0 | — | — |
| Financing cash flow | 1.3B | 335.2M | -49.1M | 115.8M | 5M |
| Net change in cash | 378.1M | 650.9M | -1.4B | 950.6M | 2.6B |
| Free cash flow | -257.9M | -583.7M | 695M | 1.2B | 1.5B |
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 | -1.2B | -596.1M | -493.9M | 152.6M | 367.6M | 116.3M | -105.5M | 439.2M | 514M | 300.3M | -54.2M | 587.7M |
| Depreciation & amortization | 62.8M | 62.5M | 64.9M | 60.5M | 59.8M | 73.7M | 68.8M | 65.4M | 69.7M | 80.8M | 75.4M | 84M |
| Stock-based compensation | 2.8M | 2.8M | 3.5M | 3.5M | 3.5M | 3.6M | 14.2M | 22.2M | 28.1M | 24.1M | 18.5M | 19.4M |
| Change in working capital | -27.4M | -120M | 477.4M | -58.5M | 274.4M | 69.9M | 521.7M | -167.7M | -35.4M | 378.4M | 658.2M | -347.9M |
| Operating cash flow | -1B | -503.1M | 174M | 370.1M | 804.6M | 412.5M | 565.7M | 470.7M | 663.9M | 837.8M | 742.2M | 389.1M |
| Capital expenditure | -59.1M | -96.8M | -96M | -156.9M | -114.1M | -550.4M | -146.3M | — | — | — | — | — |
| Investing cash flow | -61.1M | -96.8M | -100M | -156.9M | -116.6M | -552.4M | -146.3M | — | 0 | 0 | -5.6M | 0 |
| Dividends paid | 0 | -25M | 0 | -18.9M | -720K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -76.8M | -100.4M | -80M | -287.2M | -60.2M | 299.2M | -62.3M | 59.7M | -78M | 85.6M | 90.1M | 333.1M |
| Net change in cash | -1.2B | -700.4M | -6M | -74M | 627.8M | 159.3M | 357.2M | 530.3M | 586M | 923.4M | 826.6M | 722.3M |
| Free cash flow | 395.2M | 6.8M | 367M | 262.9M | 714.5M | -179.9M | 441.6M | -197.4M | 609.4M | 679.9M | 211.2M | -346.7M |