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 | $0.92 | $0.95 | +3.3% | — | $3.5B | — |
| Q1 26 | -$0.62 | -$0.71 | -14.5% | — | $2.9B | — |
| Q4 25 | $0.69 | $0.85 | +23.2% | — | $3.3B | — |
| Q3 25 | $0.44 | $0.7 | +59.1% | — | $3.1B | — |
| Q2 25 | $0.33 | $0.87 | +163.6% | — | $3.3B | — |
| Q1 25 | -$0.2 | $0.1 | +150.0% | — | $2.7B | — |
| Q4 24 | -$0.01 | -$0.25 | -2400.0% | — | $3.1B | — |
| Q3 24 | $0.13 | $0.22 | +69.2% | — | $2.9B | — |
| Q2 24 | $0.47 | $0.47 | 0.0% | — | $3.1B | — |
| Q1 24 | -$0.4 | -$0.32 | +20.0% | — | $2.7B | — |
| Q4 23 | -$0.15 | -$0.11 | +26.7% | — | $3.1B | — |
| Q3 23 | -$0.47 | -$0.13 | +72.3% | — | $2.9B | — |
| Q2 23 | -$0.72 | $0.21 | +129.2% | — | $3.2B | — |
| Q1 23 | -$1.71 | -$1.13 | +33.9% | — | $2.8B | — |
| Q4 22 | -$1.66 | -$1.71 | -3.0% | — | $3.1B | — |
| Q3 22 | -$2.16 | -$2.11 | +2.3% | — | $2.8B | — |
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 | — | -$2.44 | — | — | $12.5B | — |
| FY24 | — | -$4.01 | — | — | $11.9B | — |
| FY23 | — | -$6.47 | — | — | $12B | — |
| FY22 | — | -$12.5 | — | — | $12.2B |
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 | $3.4B | $4.7B | $6.8B | $9.1B | $14.1B | $13.7B | $12.2B | $12B | $11.9B | $12.5B |
| YoY change | +50.2% | +39.7% | +43.6% | +34.6% | +55% | -3.09% | -10.9% | -1.76% | -1.27% | +5.11% |
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 | 3.4B | 4.7B | 6.8B | 9.1B | 14.1B | 13.7B | 12.2B | 12B | 11.9B | 12.5B |
| Cost of revenue | 2.6B | 3.6B | 5.2B | 7B | 10B | 9.8B | 8.8B | 8.3B | 8.3B | 8.7B |
| Gross profit | 807.8M | 1.1B | 1.6B | 2.1B | 4.1B | 3.9B | 3.4B | 3.7B | 3.6B | 3.8B |
| Gross margin | 23.9% | 23.7% | 23.4% | 23.5% | 29.1% | 28.4% | 28% | 30.6% | 30.2% | 30.2% |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 876.1M | 1.2B | 1.8B | 2.7B | 3.2B | 3.4B | 4.1B | 3.8B | 3.4B | 3.2B |
| Operating expenses | 1B | 1.4B | 2.1B | 3.1B | 3.8B | 4B | 4.7B | 4.4B | 3.9B | 3.7B |
| Operating income | -196.2M | -235.5M | -473.3M | -930M | 360M | -82M | -1.3B | -734M | -345M | 93M |
| Operating margin | -5.8% | -4.99% | -6.98% | -10.2% | 2.55% | -0.6% | -10.8% | -6.12% | -2.91% | 0.75% |
| Non-operating income, net | 1.8M | 758K | -204K | 3M | -9M | -16M | 22M | 22M | -108M | -278M |
| Pretax income | -193.8M | -244.1M | -502M | -982M | 205M | -130M | -1.3B | -729M | -482M | -304M |
| Income tax | 608K | 486K | 2M | 3M | 20M | 1M | 12M | 9M | 10M | 9M |
| Net income | -194.4M | -244.6M | -504.1M | -985M | 185M | -131M | -1.3B | -738M | -492M | -313M |
| Net margin | -5.75% | -5.18% | -7.44% | -10.8% | 1.31% | -0.96% | -10.9% | -6.15% | -4.15% | -2.51% |
| EBITDA | -140.6M | -148.4M | -349.9M | -735M | 646M | 236M | -943M | -317M | 42M | 398M |
| EPS | -2.29 | -2.81 | -5.63 | -10.7 | 1.93 | -1.26 | -12.5 | -6.47 | -4.01 | -2.44 |
| Diluted EPS | -2.29 | -2.81 | -5.63 | -10.7 | 1.86 | -1.26 | -12.5 | -6.47 | -4.01 | -2.44 |
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 | 2.9B | 3.1B | 2.7B | 3.1B | 2.9B | 3.1B | 2.7B | 3.3B | 3.1B | 3.3B | 2.9B | 3.5B |
| Cost of revenue | 2B | 2.2B | 1.9B | 2.2B | 2B | 2.2B | 1.9B | 2.3B | 2.2B | 2.3B | 2.1B | 2.5B |
| Gross profit | 917M | 944M | 819M | 941M | 873M | 941M | 837M | 984M | 934M | 1B | 880M | 1.1B |
| Gross margin | 31.1% | 30.3% | 30% | 30.2% | 30.3% | 30.2% | 30.7% | 30.1% | 30% | 30.3% | 30% | 30% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 933M | 978M | 858M | 854M | 834M | 903M | 773M | 837M | 775M | 816M | 753M | 820M |
| Operating expenses | 1.1B | 1.1B | 975M | 975M | 946M | 1B | 880M | 958M | 893M | 941M | 867M | 948M |
| Operating income | -152M | -172M | -156M | -34M | -73M | -82M | -43M | 26M | 41M | 69M | 13M | 106M |
| Operating margin | -5.16% | -5.52% | -5.72% | -1.09% | -2.53% | -2.63% | -1.58% | 0.79% | 1.32% | 2.07% | 0.44% | 3.01% |
| Non-operating income, net | -4M | 3M | -83M | -2M | 7M | -30M | -44M | 20M | -107M | -147M | -78M | -65M |
| Pretax income | -161M | -171M | -245M | -40M | -71M | -126M | -110M | 17M | -97M | -114M | -104M | 2M |
| Income tax | 2M | 3M | 3M | 2M | 3M | 2M | 3M | 2M | 2M | 2M | 1M | 3M |
| Net income | -163M | -174M | -248M | -42M | -74M | -128M | -113M | 15M | -99M | -116M | -105M | -1M |
| Net margin | -5.54% | -5.59% | -9.09% | -1.35% | -2.57% | -4.1% | -4.14% | 0.46% | -3.18% | -3.48% | -3.58% | -0.03% |
| EBITDA | -50M | -65M | -56M | 64M | 29M | 5M | 48M | 127M | 111M | 112M | 69M | 166M |
| EPS | -1.4 | -1.49 | -2.06 | -0.34 | -0.6 | -1.02 | -0.89 | 0.11 | -0.76 | -0.89 | -0.8 | -0.01 |
| Diluted EPS | -1.4 | -1.49 | -2.06 | -0.34 | -0.6 | -1.02 | -0.89 | 0.11 | -0.76 | -0.89 | -0.8 | -0.01 |
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 | 3B | 7B | 8.1B | 8.3B | 21.6B | 19.8B | 3.5B | 7B | 5.5B | 12.9B | 13.5B |
| Enterprise value | 2.7B | 6.8B | 8.1B | 9.7B | 22.7B | 21.4B | 6.4B | 9.9B | 8.3B | 15.6B | 15.9B |
| Shares outstanding | 85M | 87M | 89.5M | 92.2M | 95.8M | 104M | 106M | 114M | 123M | 128M | 128M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | 117 | — | — | — | — | — | -40.6 |
| P/S | 0.88 | 1.48 | 1.19 | 0.91 | 1.53 | 1.44 | 0.29 | 0.59 | 0.46 | 1.03 | 1.01 |
| P/B | 37.5 | -144.5 | -24.4 | -8.82 | -18.2 | -12.2 | -1.37 | -2.6 | -1.98 | -4.62 | -4.69 |
| EV/EBITDA | -19.2 | -45.9 | -23.1 | -13.2 | 35.1 | 90.7 | -6.75 | -31.2 | 197.6 | 39.2 | 44.9 |
| EV/Sales | 0.8 | 1.44 | 1.19 | 1.06 | 1.6 | 1.56 | 0.52 | 0.82 | 0.7 | 1.25 | 1.23 |
| Earnings yield | — | — | — | — | 0.85% | — | — | — | — | — | -2.46% |
| FCF yield | -2.19% | -1.62% | -1.7% | -7.18% | 5% | 0.66% | -32.5% | -0.03% | 1.52% | 2.56% | 3.49% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.37 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 23.9% | 23.7% | 23.4% | 23.5% | 29.1% | 28.4% | 28% | 30.6% | 30.2% | 30.2% | 30% |
| Operating margin | -5.8% | -4.99% | -6.98% | -10.2% | 2.55% | -0.6% | -10.8% | -6.12% | -2.91% | 0.75% | 3.01% |
| Net margin | -5.75% | -5.18% | -7.44% | -10.8% | 1.31% | -0.96% | -10.9% | -6.15% | -4.15% | -2.51% | -2.49% |
| ROE | -244.9% | 506.1% | 152.4% | 104.3% | -15.5% | 8.09% | 52.2% | 27.3% | 17.9% | 11.3% | 11.3% |
| ROA | -25.5% | -20.2% | -26.7% | -33.4% | 4.05% | -2.87% | -37.2% | -21.2% | -14.2% | -9.1% | 5.33% |
| ROIC | 97.9% | 109.4% | 151.5% | -212% | -205.6% | -227.8% | -401.8% | -502.7% | -367% | -344.4% | -50.4% |
| Return on tangible assets | -25.8% | -20.3% | -26.7% | -33.8% | 4.06% | -2.88% | -37.3% | -21.3% | -14.3% | -9.13% | -10.8% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.86 | 1.1 | 1.1 | 0.85 | 1.41 | 1.36 | 0.93 | 0.85 | 0.79 | 0.94 | 0.74 |
| Quick ratio | 0.82 | 1.07 | 1.06 | 0.82 | 1.38 | 1.33 | 0.89 | 0.82 | 0.76 | 0.91 | 0.71 |
| Debt / equity | 0.87 | -9.37 | -2.97 | -2.51 | -3.04 | -2.5 | -1.63 | -1.55 | -1.53 | -1.54 | -0.01 |
| Debt / assets | 0.09 | 0.37 | 0.52 | 0.8 | 0.79 | 0.89 | 1.16 | 1.21 | 1.22 | 1.25 | 1.17 |
| Net debt / EBITDA | 1.99 | 1.12 | -0.05 | -1.88 | 1.6 | 7.01 | -3.05 | -9 | 67.8 | 6.92 | 5.1 |
| Interest coverage | — | — | -16.6 | -16.9 | 2.4 | -3.06 | -47.9 | -41.9 | -15.6 | -1.55 | -1.16 |
| Effective tax rate | 0% | 0% | 0% | 0% | 9.76% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 39.8 | 54.3 | 75.8 | 99 | 147.6 | 131.8 | 115.3 | 105.3 | 96.3 | 97.3 | 99.3 |
| EPS (basic) | -2.29 | -2.81 | -5.63 | -10.7 | 1.93 | -1.26 | -12.5 | -6.47 | -4.01 | -2.44 | -2.44 |
| EPS (diluted) | -2.29 | -2.81 | -5.63 | -10.7 | 1.86 | -1.26 | -12.5 | -6.47 | -4.01 | -2.44 | -2.48 |
| Book value per share | 0.93 | -0.56 | -3.7 | -10.2 | -12.4 | -15.6 | -24.1 | -23.7 | -22.4 | -21.7 | -20.4 |
| FCF per share | -0.77 | -1.3 | -1.53 | -6.49 | 11.3 | 1.25 | -10.7 | -0.02 | 0.67 | 2.57 | 3.28 |
| Cash per share | 4.1 | 7.13 | 10.8 | 10.7 | 27 | 23.1 | 12.1 | 11.9 | 11.2 | 12 | 8.35 |
| Capex per share | 1.14 | 1.15 | 1.78 | 2.95 | 1.94 | 0.97 | 1.75 | 1.3 | 0.59 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.86% | 2.13% | 2.35% | 2.98% | 1.31% | 0.74% | 1.52% | 1.23% | 0.62% | — | — |
| Capex / operating cash flow | 122.4% | 138.1% | 55.9% | -305.2% | 12.1% | 23.5% | -28.9% | 35.3% | 24.4% | — | — |
| Payout ratio | 0% | — | — | — | — | — | — | — | — | — | 0% |
| Dividend yield | 0% | — | — | — | — | — | — | — | — | — | — |
| — |
| FY21 | — | -$1.26 | — | — | $13.7B | — |
| FY20 | — | $1.93 | — | — | $14.1B | — |
| FY19 | — | -$10.7 | — | — | $9.1B | — |
| FY18 | — | -$5.63 | — | — | $6.8B | — |
| FY17 | — | -$2.81 | — | — | $4.7B | — |
| FY16 | — | -$2.29 | — | — | $3.4B | — |
| 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 | $2.9B | $3.1B | $2.7B | $3.1B | $2.9B | $3.1B | $2.7B | $3.3B | $3.1B | $3.3B | $2.9B | $3.5B |
| YoY change | +3.66% | +0.42% | -1.62% | -1.7% | -2.04% | +0.22% | +0.04% | +5% | +8.08% | +6.92% | +7.36% | +7.52% |
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 | 348.6M | 620M | 963.7M | 987M | 2.6B | 2.4B | 1.3B | 1.4B | 1.4B | 1.5B |
| Receivables | 19.1M | 37.9M | 50.6M | 99.7M | 110M | 226M | 272M | 140M | 155M | 132M |
| Inventory | 18.6M | 28M | 46.2M | 61.7M | 52M | 69M | 90M | 75M | 76M | 71M |
| Total current assets | 477.1M | 816.8M | 1.3B | 1.4B | 3B | 3B | 1.9B | 1.9B | 1.9B | 2B |
| Property, plant & equipment | 286.9M | 277.5M | 422.3M | 1.4B | 1.5B | 1.5B | 1.6B | 1.6B | 1.5B | 1.4B |
| Goodwill & intangibles | 8.5M | 6.2M | 5.2M | 37.6M | 17M | 16M | 15M | 14M | 13M | 11M |
| Total assets | 761.7M | 1.2B | 1.9B | 3B | 4.6B | 4.6B | 3.6B | 3.5B | 3.5B | 3.4B |
| Accounts payable | 379.5M | 440.4M | 650.2M | 908.1M | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Short-term debt | — | — | — | 91.1M | 97M | 110M | 125M | 250M | 410M | 229M |
| Total current liabilities | 557.2M | 739.8M | 1.1B | 1.6B | 2.2B | 2.2B | 2.1B | 2.2B | 2.4B | 2.1B |
| Long-term debt | 68.8M | 453M | 982M | 2.3B | 3.5B | 3.9B | 4B | 4B | 3.8B | 4.1B |
| Total liabilities | 682.3M | 1.3B | 2.2B | 3.9B | 5.8B | 6.2B | 6.1B | 6.2B | 6.2B | 6.2B |
| Shareholders' equity | 79.4M | -48.3M | -330.7M | -944.2M | -1.2B | -1.6B | -2.5B | -2.7B | -2.8B | -2.8B |
| Total debt | 68.8M | 453M | 982M | 2.4B | 3.6B | 4.1B | 4.2B | 4.2B | 4.2B | 4.3B |
| Net debt | -211M | -105.9M | 132.6M | 1.8B | 1.5B | 2.3B | 3.1B | 2.9B | 2.9B | 2.8B |
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 | 1.3B | 1.4B | 1.2B | 1.3B | 1.3B | 1.4B | 1.4B | 1.4B | 1.2B | 1.5B | 1.1B | 1.1B |
| Receivables | 132M | 140M | 113M | 161M | 155M | 155M | 140M | 110M | 129M | 132M | 158M | 184M |
| Inventory | 79M | 75M | 81M | 78M | 81M | 76M | 90M | 89M | 70M | 71M | 78M | 84M |
| Total current assets | 1.8B | 1.9B | 1.6B | 1.8B | 1.8B | 1.9B | 1.9B | 1.8B | 1.7B | 2B | 1.6B | 1.7B |
| Property, plant & equipment | 1.5B | 1.6B | 1.6B | 1.6B | 1.5B | 1.5B | 1.5B | 1.4B | 1.4B | 1.4B | 1.2B | 1.2B |
| Goodwill & intangibles | — | 14M | — | — | — | 13M | — | — | — | 11M | — | — |
| Total assets | 3.4B | 3.5B | 3.2B | 3.4B | 3.4B | 3.5B | 3.4B | 3.3B | 3.1B | 3.4B | 2.9B | 3B |
| Accounts payable | 1.2B | 1.2B | 1.1B | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 1.2B | 1.2B | 1.1B | 1.3B |
| Short-term debt | — | 250M | — | — | — | 410M | — | — | — | 229M | — | — |
| Total current liabilities | 2B | 2.2B | 2B | 2.2B | 2.2B | 2.4B | 2.3B | 2.2B | 2.3B | 2.1B | 2.1B | 2.3B |
| Long-term debt | 4B | 4B | 4B | 4B | 3.9B | 3.8B | 3.9B | 3.8B | 3.6B | 4.1B | 3.6B | 3.5B |
| Total liabilities | 6.1B | 6.2B | 6.1B | 6.2B | 6.1B | 6.2B | 6.2B | 6B | 5.9B | 6.2B | 5.7B | 5.8B |
| Shareholders' equity | -2.7B | -2.7B | -2.8B | -2.8B | -2.7B | -2.8B | -2.8B | -2.7B | -2.8B | -2.8B | -2.8B | -2.8B |
| Total debt | 4B | 4.2B | 4B | 4B | 3.9B | 4.2B | 3.9B | 3.8B | 3.6B | 4.3B | 3.6B | 3.5B |
| Net debt | 2.8B | 2.9B | 2.9B | 2.6B | 2.6B | 2.9B | 2.6B | 2.4B | 2.4B | 2.8B | 2.6B | 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 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -194.4M | -244.6M | -504.1M | -985M | 185M | -131M | -1.3B | -738M | -492M | -313M |
| Depreciation & amortization | 55.6M | 87M | 123.5M | 192M | 286M | 322M | 371M | 417M | 387M | 305M |
| Stock-based compensation | 49.4M | 67.8M | 127.6M | 227M | 276M | 344M | 513M | 605M | 395M | 335M |
| Change in working capital | 168.1M | 155.5M | 515.2M | 416.9M | 641.9M | -118M | -245M | 130M | 1M | -60M |
| Operating cash flow | 79M | 72.8M | 284.8M | -89.1M | 1.5B | 430M | -643M | 419M | 299M | 534M |
| Capital expenditure | -96.7M | -100.5M | -159.2M | -272M | -186M | -101M | -186M | -148M | -73M | — |
| Investing cash flow | -64.5M | -83.9M | -197.5M | -726M | -87.1M | -336M | 273M | 51M | -101M | -14M |
| Dividends paid | 0 | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | 0 | 0 | -380M | -300M | -75M | 0 | 0 | — |
| Financing cash flow | -21.1M | 374.7M | 467.5M | 787M | 353M | -303M | 16M | 77M | -69M | -129M |
| Net change in cash | -6.6M | 363.6M | 554.7M | -28.1M | 1.8B | -209M | -354M | 547M | 129M | 391M |
| Free cash flow | -65.3M | -113.2M | -137.1M | -598M | 1.1B | 130M | -1.1B | -2M | 83M | 329M |
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 | -163M | -174M | -248M | -42M | -74M | -128M | -113M | 15M | -99M | -116M | -105M | -1M |
| Depreciation & amortization | 106M | 105M | 104M | 99M | 94M | 90M | 81M | 78M | 75M | 71M | 67M | 64M |
| Stock-based compensation | 139M | 158M | 119M | 95M | 95M | 86M | 64M | 100M | 88M | 83M | 67M | 69M |
| Change in working capital | -7M | 85M | -150M | 120M | -64M | 95M | -141M | 43M | 4M | 34M | -96M | 171M |
| Operating cash flow | 75M | 173M | -173M | 267M | 56M | 149M | -94M | 273M | 155M | 202M | -52M | 360M |
| Capital expenditure | -30M | -47M | -13M | -23M | -17M | -20M | -5M | — | — | — | — | — |
| Investing cash flow | -30M | -75M | -34M | -13M | -10M | -44M | 21M | -23M | -5M | -12M | 8M | -20M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | — | 0 | 0 | -72M | 140M | -191M | -243M | 331M | -378M | -221M |
| Net change in cash | 45M | 98M | -207M | 254M | 46M | 33M | 67M | 59M | -93M | 521M | -422M | 119M |
| Free cash flow | 42M | 62M | -193M | 183M | -9M | 102M | -139M | 230M | 93M | 145M | -106M | 301M |