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 | $0.11 | $0.15 | +36.4% | — | $235.5M | — |
| Q1 26 | $0.11 | $0.11 | 0.0% | — | $242.4M | — |
| Q4 25 | $0.05 | $0.02 | -60.0% | — | $212M | — |
| Q2 25 | $0.07 | $0.08 | +14.3% | — | $214.5M | — |
| Q1 25 | $0.11 | $0.14 | +27.3% | — | $223.8M | — |
| Q4 24 | $0.03 | $0.03 | 0.0% | — | $190.6M | — |
| Q3 24 | $0.05 | $0.06 | +20.0% | — | $192.4M | — |
| Q2 24 | $0.05 | $0.08 | +60.0% | — | $188.2M | — |
| Q1 24 | $0.07 | $0.11 | +57.1% | — | $200M | — |
| Q4 23 | $0.01 | -$0.01 | -200.0% | — | $161.9M | — |
| Q3 23 | $0.01 | $0.01 | 0.0% | — | $169.8M | — |
| Q2 23 | $0.02 | $0.04 | +100.0% | — | $166.1M | — |
| Q1 23 | $0.04 | $0.06 | +50.0% | — | $172M | — |
| Q3 22 | $0.01 | $0.01 | 0.0% | — | $148.8M | — |
| Q2 22 | -$0.02 | -$0.01 | +50.0% | — | $149.6M | — |
| Q1 22 | -$0.04 | -$0.04 | 0.0% | — | $153.2M | — |
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 | — | $0.01 | — | — | $871.9M | — |
| FY24 | — | -$0.17 | — | — | $771.3M | — |
| FY23 | — | -$0.54 | — | — | $669.8M | — |
| FY22 | — | -$0.96 | — | — | $598.1M | — |
| FY21 | — |
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 | $370.5M | $393.7M | $540.8M | $598.1M | $669.8M | $771.3M | $871.9M |
| YoY change | — | +6.28% | +37.4% | +10.6% | +12% | +15.2% | +13% |
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 | 370.5M | 393.7M | 540.8M | 598.1M | 669.8M | 771.3M | 871.9M |
| Cost of revenue | 147.4M | 161.8M | 223M | 257.1M | 304.5M | 344.5M | 401.3M |
| Gross profit | 223.1M | 231.9M | 317.7M | 341.1M | 365.2M | 426.8M | 470.6M |
| Gross margin | 60.2% | 58.9% | 58.8% | 57% | 54.5% | 55.3% | 54% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 224.8M | 287.6M | 461.4M | 452.3M | 437.2M | 456.9M | 475.9M |
| Operating expenses | 224.8M | 287.6M | 461.4M | 452.3M | 437.2M | 456.9M | 475.9M |
| Operating income | -1.7M | -55.6M | -143.7M | -111.2M | -72M | -30.1M | -5.3M |
| Operating margin | -0.45% | -14.1% | -26.6% | -18.6% | -10.7% | -3.9% | -0.61% |
| Non-operating income, net | — | — | — | — | — | — | — |
| Pretax income | 276K | -55.7M | -144M | -109.9M | -62.8M | -19.5M | 3M |
| Income tax | 276K | 190K | 263K | 497K | 433K | 875K | 1.4M |
| Net income | 0 | -55.9M | -144.3M | -110.4M | -63.2M | -20.4M | 1.6M |
| Net margin | 0% | -14.2% | -26.7% | -18.5% | -9.44% | -2.64% | 0.19% |
| EBITDA | 12.9M | -37.9M | -122.1M | -79.3M | -33.4M | 15.8M | 44.9M |
| EPS | -5.16 | -5.02 | -2.21 | -0.96 | -0.54 | -0.17 | 0.01 |
| Diluted EPS | -5.16 | -5.02 | -2.21 | -0.96 | -0.54 | -0.17 | 0.01 |
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 | 169.8M | 161.9M | 200M | 188.2M | 192.4M | 190.6M | 223.8M | 214.5M | 221.7M | 212M | 242.4M | 235.5M |
| Cost of revenue | 77.1M | 74.8M | 86.5M | 82.8M | 87.6M | 87.5M | 97.8M | 100.9M | 101.7M | 100.9M | 111.4M | 99.1M |
| Gross profit | 92.7M | 87.1M | 113.5M | 105.4M | 104.9M | 103.1M | 126M | 113.6M | 119.9M | 111M | 131M | 136.5M |
| Gross margin | 54.6% | 53.8% | 56.7% | 56% | 54.5% | 54.1% | 56.3% | 53% | 54.1% | 52.4% | 54% | 57.9% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 112.5M | 108.6M | 118.6M | 114.3M | 111.5M | 112.5M | 120M | 114.4M | 112.9M | 128.6M | 129.4M | 129.4M |
| Operating expenses | 112.5M | 108.6M | 118.6M | 114.3M | 111.5M | 112.5M | 120M | 114.4M | 112.9M | 128.6M | 129.4M | 129.4M |
| Operating income | -19.8M | -21.6M | -5.1M | -9M | -6.6M | -9.4M | 2.5M | -4.5M | 3.6M | -6.9M | 1.7M | 3.2M |
| Operating margin | -11.6% | -13.3% | -2.56% | -4.76% | -3.44% | -4.94% | 1.1% | -2.11% | 1.61% | -3.23% | 0.69% | 1.34% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -17.1M | -19.2M | -2.6M | -6.4M | -3.8M | -6.8M | 4.9M | -2.5M | 5.7M | -5.1M | 4M | 5.3M |
| Income tax | 301K | -105K | 108K | 373K | 301K | 93K | 1.5M | -789K | -125K | 862K | 821K | 607K |
| Net income | -17.4M | -19M | -2.7M | -6.8M | -4.1M | -6.9M | 3.5M | -1.8M | 5.9M | -6M | 3.2M | 4.6M |
| Net margin | -10.3% | -11.8% | -1.34% | -3.59% | -2.12% | -3.61% | 1.55% | -0.82% | 2.65% | -2.81% | 1.31% | 1.97% |
| EBITDA | -10M | -11.2M | 5.5M | 2.2M | 5.2M | 2.9M | 14.6M | 8M | 16.1M | 6.2M | 15.4M | 17.2M |
| EPS | -0.15 | -0.16 | -0.02 | -0.06 | -0.03 | -0.06 | 0.03 | -0.01 | 0.05 | -0.05 | 0.03 | 0.04 |
| Diluted EPS | -0.15 | -0.16 | -0.02 | -0.06 | -0.03 | -0.06 | 0.03 | -0.01 | 0.05 | -0.05 | 0.03 | 0.04 |
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 | — | — | — | — | 1.7B | 2.9B | 2.7B | 3B |
| Enterprise value | — | — | — | — | 1.6B | 2.9B | 2.6B | 3B |
| Shares outstanding | 11.2M | 11.2M | 71.2M | 114.9M | 117.4M | 120.4M | 122.7M | 122.7M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 1.6K | 411 |
| P/S | — | — | — | — | 2.47 | 3.78 | 3.07 | 3.34 |
| P/B | — | — | — | — | 5.48 | 8.57 | 7.27 | 7.76 |
| EV/EBITDA | — | — | — | — | -48.2 | 183.2 | 58.3 | 72.5 |
| EV/Sales | — | — | — | — | 2.41 | 3.74 | 3 | 3.3 |
| Earnings yield | — | — | — | — | — | — | 0.06% | 0.24% |
| FCF yield | — | — | — | — | 0.44% | 1.19% | 1.64% | 0.31% |
| PEG | — | — | — | — | — | — | — | -0.82 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 60.2% | 58.9% | 58.8% | 57% | 54.5% | 55.3% | 54% | 57.9% |
| Operating margin | -0.45% | -14.1% | -26.6% | -18.6% | -10.7% | -3.9% | -0.61% | -3.6% |
| Net margin | 0% | -14.2% | -26.7% | -18.5% | -9.44% | -2.64% | 0.19% | 0.85% |
| ROE | 0% | -18.1% | -50.4% | -38.5% | -20.9% | -6% | 0.45% | 2.06% |
| ROA | 0% | -12.6% | -32.7% | -19.4% | -10.9% | -3.01% | 0.23% | -1.02% |
| ROIC | 0% | 980.8% | -485.6% | -44.2% | -27.8% | -9.67% | -0.91% | 0.35% |
| Return on tangible assets | 0% | -12.6% | -32.7% | -19.4% | -10.9% | -3.01% | 0.23% | 1% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.21 | 3.42 | 2.78 | 2.27 | 2.35 | 2.5 | 2.35 | 2.27 |
| Quick ratio | 0.83 | 3.05 | 2.29 | 1.74 | 1.86 | 2.1 | 2.05 | 2.01 |
| Debt / equity | — | — | 0 | 0.6 | 0.58 | 0.66 | 0.63 | 0.64 |
| Debt / assets | — | — | 0 | 0.3 | 0.3 | 0.33 | 0.32 | 0.32 |
| Net debt / EBITDA | — | — | 2.1 | 0.44 | 1.27 | -1.83 | -1.18 | -0.76 |
| Effective tax rate | 100% | 0% | 0% | 0% | 0% | 0% | 46.1% | 21.9% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 33.2 | 35.3 | 7.59 | 5.2 | 5.71 | 6.41 | 7.11 | 7.39 |
| EPS (basic) | -5.16 | -5.02 | -2.21 | -0.96 | -0.54 | -0.17 | 0.01 | 0.01 |
| EPS (diluted) | -5.16 | -5.02 | -2.21 | -0.96 | -0.54 | -0.17 | 0.01 | 0.06 |
| Book value per share | 6.58 | 27.7 | 4.01 | 2.49 | 2.57 | 2.82 | 3 | 3.18 |
| FCF per share | -1.01 | 1.14 | -1.13 | -0.43 | 0.06 | 0.29 | 0.36 | 0.17 |
| Cash per share | 4.97 | 28.2 | 3.6 | 1.81 | 1.85 | 2.11 | 2.33 | 2.37 |
| Capex per share | 2.93 | 1.8 | 0.68 | 0.52 | 0.46 | 0.53 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 8.81% | 5.1% | 8.97% | 10.1% | 8.01% | 8.3% | — | — |
| Capex / operating cash flow | 155.6% | 128.6% | -139% | 364.5% | 76.7% | 69.9% | — | — |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| -$2.21 |
| — |
| — |
| $540.8M |
| — |
| FY20 | — | -$5.02 | — | — | $393.7M | — |
| FY19 | — | -$5.16 | — | — | $370.5M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $169.8M | $161.9M | $200M | $188.2M | $192.4M | $190.6M | $223.8M | $214.5M | $221.7M | $212M | $242.4M | $235.5M |
| YoY change | +14.2% | +10.5% | +16.3% | +13.3% | +13.3% | +17.8% | +11.9% | +13.9% | +15.2% | +11.2% | +8.34% | +9.81% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 55.4M | 314.1M | 256.4M | 208.6M | 216.9M | 254.2M | 286.4M |
| Receivables | 1.1M | 601K | 992K | 1.4M | 1.8M | 1.9M | 3.3M |
| Inventory | 28.4M | 38.5M | 57.1M | 68.8M | 62.2M | 52.3M | 44.5M |
| Total current assets | 91.7M | 359.9M | 328M | 294.6M | 298.6M | 326M | 352.4M |
| Property, plant & equipment | 83.9M | 84.5M | 112.2M | 265.6M | 274.6M | 341.7M | 358.3M |
| Goodwill & intangibles | — | — | — | — | — | — | — |
| Total assets | 175.9M | 444.8M | 440.6M | 568.7M | 580.3M | 676.5M | 720.9M |
| Accounts payable | 37.3M | 40.8M | 30.9M | 20.8M | 22.5M | 23.5M | 32M |
| Short-term debt | — | — | — | 22.5M | 24.3M | 20.2M | 31.4M |
| Total current liabilities | 75.9M | 105.3M | 118.1M | 129.6M | 127.1M | 130.4M | 150.1M |
| Long-term debt | — | — | 0 | 150.8M | 150.2M | 205.1M | 201.7M |
| Total liabilities | 102.5M | 136.3M | 154.6M | 282.1M | 278.5M | 336.4M | 353.2M |
| Shareholders' equity | 73.4M | 308.4M | 286M | 286.6M | 301.8M | 340.1M | 367.7M |
| Total debt | — | — | 0 | 173.4M | 174.5M | 225.4M | 233.1M |
| Net debt | — | — | -256.4M | -35.2M | -42.4M | -28.8M | -53.2M |
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 | 216M | 216.9M | 220.4M | 238M | 251M | 254.2M | 265.1M | 286.4M | 280.4M | 286.4M | 288.2M | 292.7M |
| Receivables | 721K | 1.8M | 1.2M | 1.2M | 1.1M | 1.9M | 1.5M | 1.1M | 1.1M | 3.3M | 1.8M | 2.1M |
| Inventory | 63.6M | 62.2M | 56.5M | 53.3M | 52.8M | 52.3M | 48.6M | 43.3M | 45.6M | 44.5M | 46.5M | 42.1M |
| Total current assets | 295.5M | 298.6M | 296.1M | 308.6M | 321.2M | 326M | 330.6M | 346.1M | 344.1M | 352.4M | 357.7M | 370.8M |
| Property, plant & equipment | 271.5M | 274.6M | 286.3M | 300.9M | 308.1M | 341.7M | 344M | 347.4M | 354.1M | 358.3M | 366.6M | 388.1M |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | 574.9M | 580.3M | 592.9M | 618.2M | 638M | 676.5M | 682.8M | 701.9M | 706.9M | 720.9M | 736.4M | 772.3M |
| Accounts payable | 24.2M | 22.5M | 26.7M | 24.7M | 36.7M | 23.5M | 26.5M | 26M | 10.9M | 32M | 37.2M | 41.3M |
| Short-term debt | 23.1M | 24.3M | 24.5M | 25.6M | 26.1M | 20.2M | 18.9M | 24.6M | 28.6M | 31.4M | 31.9M | 35.5M |
| Total current liabilities | 121.8M | 127.1M | 118.5M | 121M | 130.1M | 130.4M | 122.6M | 135.5M | 132.1M | 150.1M | 153.3M | 163.5M |
| Long-term debt | 147.1M | 150.2M | 157M | 166.7M | 170.1M | 205.1M | 204.8M | 203.7M | 203.9M | 201.7M | 205.8M | 215.4M |
| Total liabilities | 270.3M | 278.5M | 276.7M | 288.8M | 301.2M | 336.4M | 328.7M | 340.4M | 337.3M | 353.2M | 360.6M | 380.3M |
| Shareholders' equity | 304.6M | 301.8M | 316.2M | 329.4M | 336.8M | 340.1M | 354.1M | 361.5M | 369.6M | 367.7M | 375.8M | 392M |
| Total debt | 170.2M | 174.5M | 181.4M | 192.2M | 196.2M | 225.4M | 223.7M | 228.4M | 232.5M | 233.1M | 237.6M | 251M |
| Net debt | -45.8M | -42.4M | -38.9M | -45.7M | -54.9M | -28.8M | -41.4M | -58M | -47.8M | -53.2M | -50.6M | -41.7M |
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 | 0 | -55.9M | -144.3M | -110.4M | -63.2M | -20.4M | 1.6M |
| Depreciation & amortization | 14.5M | 17.8M | 21.6M | 31.9M | 38.6M | 45.9M | 50.3M |
| Stock-based compensation | 8.5M | 44.9M | 107.1M | 98M | 70.5M | 47.3M | 34.5M |
| Change in working capital | -2M | 8.8M | -27.1M | -7M | 18M | 13M | 25.9M |
| Operating cash flow | 21M | 15.6M | -34.9M | 16.5M | 69.9M | 91.6M | 110.8M |
| Capital expenditure | -32.6M | -20.1M | -48.5M | -60.2M | -53.7M | -64M | — |
| Investing cash flow | -32.6M | -20.1M | -48.5M | -60.2M | -54.7M | -66M | 0 |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | -79.5M | 0 | -8.1M | 0 | 0 | — | — |
| Financing cash flow | -78.9M | 213.7M | 3M | 91K | 0 | 333K | -14.4M |
| Net change in cash | -90.5M | 209.2M | -80.5M | -43.6M | 15.3M | 25.9M | 96.4M |
| Free cash flow | -11.2M | 12.7M | -80.5M | -49.8M | 7.3M | 34.7M | 43.7M |
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 | -17.4M | -19M | -2.7M | -6.8M | -4.1M | -6.9M | 3.5M | -1.8M | 5.9M | -6M | 3.2M | 4.6M |
| Depreciation & amortization | 9.8M | 10.4M | 10.6M | 11.1M | 11.8M | 12.3M | 12.2M | 12.5M | 12.5M | 13.1M | 13.8M | 14.1M |
| Stock-based compensation | 16.3M | 16.4M | 14M | 13.8M | 10.8M | 8.6M | 12.3M | 8.9M | 7M | 6.3M | 11.4M | 9.9M |
| Change in working capital | -2.4M | 14.3M | -476K | 2.1M | 11.3M | -17K | -1M | 6.4M | -11.8M | 32.4M | -11.6M | 12.2M |
| Operating cash flow | 9.7M | 23.2M | 22.5M | 23.5M | 30.7M | 14.9M | 27.7M | 40.2M | 18M | 23.3M | 24.5M | 29.6M |
| Capital expenditure | -15.5M | -13.6M | -14.4M | -17.7M | -14.2M | -17.7M | -16.2M | — | — | — | — | — |
| Investing cash flow | -16.5M | -13.6M | -16.4M | -17.7M | -14.2M | -17.7M | -16.2M | 0 | 0 | 0 | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | 0 | 0 | — | — | — | — | -2.3M | -4M | -4.6M | -3.4M | -6.2M | -4.4M |
| Net change in cash | -6.8M | 9.6M | 6.1M | 5.8M | 16.5M | -2.8M | 9.2M | 36.2M | 13.3M | 19.9M | 18.4M | 25.2M |
| Free cash flow | 4.4M | 92K | 5.5M | 14M | 13.1M | 2.2M | 13.2M | 23.9M | -1.5M | 8.1M | 8.4M | 6.8M |