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 24 | $0.14 | $0.15 | +7.1% | — | $81.2M | — |
| Q1 24 | $0.14 | $0.15 | +7.1% | — | $78.7M | — |
| Q4 23 | $0.14 | $0.15 | +7.1% | — | $80.9M | — |
| Q3 23 | $0.14 | $0.15 | +7.1% | — | $85.2M | — |
| Q4 22 | — | $0.12 | — | — | $75.1M | — |
| Q3 22 | $0.14 | $0.17 | +21.4% | — | $80.1M | — |
| Q2 22 | — | $0.16 | — | — | $76.1M | — |
| Q1 22 | $0.14 | $0.15 | +7.1% | — | $72.3M | — |
| Q4 21 | $0.14 | $0.16 | +14.3% | — | $67.6M | — |
| Q3 21 | $0.13 | $0.14 | +7.7% | — | $71.3M | — |
| Q2 21 | $0.17 | $0.18 | +5.9% | — | $66.6M | — |
| Q1 21 | $0.18 | $0.19 | +5.6% | — | $67.6M | — |
| Q4 20 | $0.12 | $0.15 | +25.0% | — | $48.3M | — |
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 | — | $0.96 | — | — | $341.9M | — |
| FY24 | — | $0.85 | — | — | $339.7M | — |
| FY23 | — | $0.74 | — | — | $318.9M | — |
| FY22 | — | $0.52 | — | — | $303.6M | — |
| FY21 |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $42.4M | $63.5M | $134.9M | $273.1M | $303.6M | $318.9M | $339.7M | $341.9M |
| YoY change | — | +49.8% | +112.6% | +102.4% | +11.2% | +5.03% | +6.52% | +0.67% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 42.4M | 63.5M | 134.9M | 273.1M | 303.6M | 318.9M | 339.7M | 341.9M |
| Cost of revenue | 13.8M | 20.6M | 61.3M | 95.1M | 113.8M | 114.5M | 120.5M | 111.9M |
| Gross profit | 28.5M | 42.9M | 73.7M | 178M | 189.8M | 204.4M | 219.2M | 230M |
| Gross margin | 67.3% | 67.6% | 54.6% | 65.2% | 62.5% | 64.1% | 64.5% | 67.3% |
| Research & development | 853.1K | 1.6M | 5.2M | 14.3M | 24.6M | 25.8M | 29M | 34.3M |
| Selling, general & administrative | 7.3M | 12.4M | 64.7M | 80.7M | 86.5M | 82.2M | 68.8M | 73.5M |
| Operating expenses | 8.2M | 14M | 69.8M | 93.5M | 110.8M | 107.7M | 97M | 106.9M |
| Operating income | 20.4M | 28.9M | 3.9M | 84.4M | 79M | 96.7M | 122.2M | 123.1M |
| Operating margin | 48% | 45.6% | 2.86% | 30.9% | 26% | 30.3% | 36% | 36% |
| Non-operating income, net | 5.7K | 27.6K | 14K | 54.8K | -684K | -781.2K | -2.8M | 3.3M |
| Pretax income | 20.5M | 29.4M | 4.1M | 84.6M | 81.6M | 115.7M | 148.1M | 152.1M |
| Income tax | 263.4K | 435.8K | 861.1K | 2M | 2.6M | 2.7M | 13.9M | 4M |
| Net income | 20.2M | 28.9M | 3.2M | 82.6M | 79M | 113.1M | 134.2M | 148.1M |
| Net margin | 47.8% | 45.6% | 2.38% | 30.2% | 26% | 35.5% | 39.5% | 43.3% |
| EBITDA | 20.4M | 29.1M | 4.1M | 85.2M | 80.8M | 99.5M | 126.4M | 121.6M |
| EPS | -0.12 | 0.22 | -0.02 | 0.56 | 0.52 | 0.74 | 0.85 | 0.96 |
| Diluted EPS | -0.12 | 0.22 | -0.02 | 0.46 | 0.45 | 0.65 | 0.74 | 0.83 |
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 | 85.2M | 80.9M | 78.7M | 81.2M | 88.9M | 90.8M | 83.9M | 84.6M | 89.6M | 83.9M | 79M | 82.6M |
| Cost of revenue | 27.8M | 30.6M | 28.6M | 29M | 31.8M | 31M | 29.2M | 27.9M | 28.4M | 26.3M | 26.5M | 26.8M |
| Gross profit | 57.4M | 50.4M | 50.2M | 52.2M | 57.1M | 59.8M | 54.7M | 56.6M | 61.2M | 57.5M | 52.5M | 55.8M |
| Gross margin | 67.4% | 62.2% | 63.7% | 64.3% | 64.2% | 65.8% | 65.2% | 67% | 68.3% | 68.6% | 66.5% | 67.6% |
| Research & development | 6.4M | 5.4M | 6.3M | 6.5M | 7.1M | 9.2M | 7.8M | 8.3M | 8.6M | 9.5M | 9.1M | 9.9M |
| Selling, general & administrative | 18.6M | 21.7M | 14.7M | 16.1M | 17.5M | 20.5M | 15.6M | 17.7M | 18.8M | 21.4M | 20M | 26.5M |
| Operating expenses | 25M | 26.9M | 20.9M | 22.2M | 24.6M | 29.3M | 23.4M | 25.4M | 27.4M | 30.7M | 29M | 36.4M |
| Operating income | 32.4M | 23.4M | 29.2M | 30M | 32.5M | 30.5M | 31.3M | 31.2M | 33.8M | 26.8M | 23.5M | 19.4M |
| Operating margin | 38% | 29% | 37.1% | 36.9% | 36.6% | 33.6% | 37.3% | 36.9% | 37.7% | 32% | 29.8% | 23.5% |
| Non-operating income, net | -2.1M | 271.6K | -1.3M | 60.2K | 133.6K | -1.7M | -17.7K | 21.8K | 2.2M | 1.1M | -432.5K | 5.1M |
| Pretax income | 35.9M | 30.2M | 34.6M | 37.1M | 40.5M | 35.9M | 37.8M | 38M | 42.3M | 33.9M | 29M | 29.9M |
| Income tax | 708.7K | 539.3K | 3.5M | 5.8M | 1.3M | 3.4M | 1.4M | 1.5M | 1.6M | -601.5K | 620.1K | 619.2K |
| Net income | 35.2M | 29.7M | 31.1M | 31.4M | 39.2M | 32.5M | 36.4M | 36.5M | 40.7M | 34.5M | 28.4M | 29.3M |
| Net margin | 41.4% | 36.6% | 39.5% | 38.6% | 44.1% | 35.8% | 43.4% | 43.2% | 45.4% | 41.2% | 35.9% | 35.5% |
| EBITDA | 34.5M | 23.2M | 30.5M | 29.9M | 32.4M | 32.2M | 31.3M | 31.2M | 31.6M | 25.7M | 24M | 14.3M |
| EPS | 0.23 | 0.2 | 0.2 | 0.2 | 0.25 | 0.2 | 0.23 | 0.24 | 0.27 | 0.23 | 0.19 | 0.21 |
| Diluted EPS | 0.2 | 0.17 | 0.17 | 0.17 | 0.22 | 0.18 | 0.2 | 0.2 | 0.23 | 0.2 | 0.16 | 0.18 |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 537.3M | 976.3M | 651.3M | 1.1B | 1.1B |
| Enterprise value | — | — | — | — | 85.9M | 443.1M | -1.9M | 330.9M | 330.9M |
| Shares outstanding | 73.6M | 73.6M | 91.8M | 148.7M | 153.5M | 159.3M | 160.4M | 156M | 156M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | 6.8 | 8.64 | 4.86 | 7.31 | 7.31 |
| P/S | — | — | — | — | 1.77 | 3.06 | 1.92 | 3.17 | 3.17 |
| P/B | — | — | — | — | 1.22 | 1.74 | 0.93 | 1.35 | 1.35 |
| EV/EBITDA | — | — | — | — | 1.06 | 4.45 | -0.02 | 2.72 | 2.72 |
| EV/Sales | — | — | — | — | 0.28 | 1.39 | -0.01 | 0.97 | 0.97 |
| Earnings yield | — | — | — | — | 14.7% | 11.6% | 20.6% | 13.7% | 13.7% |
| FCF yield | — | — | — | — | 19.2% | 14.1% | 26.4% | 12.5% | 12.5% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 67.3% | 67.6% | 54.6% | 65.2% | 62.5% | 64.1% | 64.5% | 67.3% | 67.3% |
| Operating margin | 48% | 45.6% | 2.86% | 30.9% | 26% | 30.3% | 36% | 36% | 36% |
| Net margin | 47.8% | 45.6% | 2.38% | 30.2% | 26% | 35.5% | 39.5% | 43.3% | 43.3% |
| ROE | 120.2% | 63.1% | 1.38% | 24.6% | 18% | 20.1% | 19.2% | 18.5% | 18.5% |
| ROA | 94.9% | 53.4% | 1.26% | 21.7% | 15.6% | 17.7% | 16.7% | 16.5% | 16.5% |
| ROIC | -1K% | -764.9% | -73.9% | -462% | -660.8% | 320.2% | 248.6% | 237.6% | 237.6% |
| Return on tangible assets | 94.9% | 53.4% | 1.26% | 21.7% | 15.7% | 17.7% | 16.8% | 16.5% | 16.5% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 4.72 | 6.43 | 12 | 8.41 | 7.41 | 7.55 | 6.8 | 9.02 | 9.02 |
| Quick ratio | 4.72 | 6.43 | 12 | 8.41 | 7.41 | 7.55 | 6.8 | 9.02 | 9.02 |
| Debt / equity | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt / assets | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net debt / EBITDA | — | — | -57.9 | -4.15 | -5.58 | -5.36 | -5.17 | -6.18 | -6.18 |
| Effective tax rate | 1.28% | 1.48% | 21.1% | 2.39% | 3.18% | 2.32% | 9.4% | 2.62% | 2.62% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.58 | 0.86 | 1.47 | 1.84 | 1.98 | 2 | 2.12 | 2.19 | 2.19 |
| EPS (basic) | -0.12 | 0.22 | -0.02 | 0.56 | 0.52 | 0.74 | 0.85 | 0.96 | 0.96 |
| EPS (diluted) | -0.12 | 0.22 | -0.02 | 0.46 | 0.45 | 0.65 | 0.74 | 0.83 | 0.83 |
| Book value per share | 0.23 | 0.62 | 2.55 | 2.26 | 2.87 | 3.53 | 4.35 | 5.14 | 5.14 |
| FCF per share | 0.31 | 0.42 | 0.69 | 0.96 | 0.67 | 0.86 | 1.07 | 0.87 | 0.87 |
| Cash per share | 0.26 | 0.67 | 2.59 | 2.38 | 2.95 | 3.36 | 4.08 | 4.83 | 4.83 |
| Capex per share | 0 | 0.01 | 0.01 | 0.01 | 0.1 | 0.01 | 0 | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.48% | 0.67% | 0.76% | 0.55% | 4.93% | 0.49% | 0.2% | — | — |
| Capex / operating cash flow | 0.88% | 1.34% | 1.42% | 1.05% | 12.9% | 1.11% | 0.43% | — | — |
| Payout ratio | 0% | 0% | 280.4% | 0% | 0% | — | — | — | — |
| Dividend yield | — | — | — | — | 0% | — | — | — | — |
| — |
| $0.56 |
| — |
| — |
| $273.1M |
| — |
| FY20 | — | -$0.02 | — | — | $134.9M | — |
| FY19 | — | $0.22 | — | — | $63.5M | — |
| FY18 | — | -$0.12 | — | — | $42.4M | — |
| 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 | $85.2M | $80.9M | $78.7M | $81.2M | $88.9M | $90.8M | $83.9M | $84.6M | $89.6M | $83.9M | $79M | $82.6M |
| YoY change | +6.4% | +7.74% | +7.09% | +2.46% | +4.38% | +12.2% | +6.54% | +4.15% | +0.8% | -7.67% | -5.81% | -2.31% |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 18.8M | 49.5M | 237.6M | 354.4M | 453M | 535.3M | 654.3M | 753M |
| Receivables | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 21.1M | 53.5M | 253.4M | 376.3M | 481.7M | 569.1M | 691.7M | 796.3M |
| Property, plant & equipment | — | — | 1.2M | 2.7M | 4.1M | 4M | 2.5M | 3.8M |
| Goodwill & intangibles | — | — | — | 0 | 1.3M | 1.1M | 896K | 728.3K |
| Total assets | 21.3M | 54.1M | 254.6M | 380.8M | 506.3M | 639M | 801.6M | 896.2M |
| Accounts payable | 432.6K | 724.5K | 1.6M | 4.4M | 5.4M | 928.1K | 957.7K | 1.1M |
| Short-term debt | — | — | — | 472.7K | 858.5K | 1.2M | 1M | 357.5K |
| Total current liabilities | 4.5M | 8.3M | 21.1M | 44.7M | 65M | 75.3M | 101.7M | 88.3M |
| Long-term debt | — | — | 0 | 195.6K | 744.6K | 950K | 13.5K | 1.1M |
| Total liabilities | 4.5M | 8.3M | 21.1M | 44.9M | 66.5M | 76.3M | 103.8M | 94.2M |
| Shareholders' equity | 16.8M | 45.8M | 233.5M | 335.9M | 439.9M | 562.7M | 697.8M | 802M |
| Total debt | — | — | 0 | 668.3K | 1.6M | 2.1M | 1M | 1.5M |
| Net debt | — | — | -236.9M | -350.8M | -405.7M | -309.8M | -487.4M | -525.5M |
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 | 544.7M | 535.3M | 482.3M | 528.3M | 569.6M | 654.3M | 689.3M | 702.5M | 737.9M | 753M | 805M | 822.4M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 578.7M | 569.1M | 518.9M | 565.6M | 611.6M | 691.7M | 729.3M | 735.5M | 771.4M | 796.3M | 836.2M | 855.4M |
| Property, plant & equipment | 4.9M | 4M | 3.5M | 3.3M | 2.9M | 2.5M | 15.3M | 15.6M | 15.5M | 3.8M | 17.3M | 20M |
| Goodwill & intangibles | 1.2M | 1.1M | 1.1M | 1M | 956.2K | 896K | 833.2K | 786.4K | 748K | 728.3K | 667.1K | 664K |
| Total assets | 601.2M | 639M | 667.9M | 715.1M | 764.3M | 801.6M | 826.1M | 832.9M | 869.5M | 896.2M | 911M | 934.7M |
| Accounts payable | 1.1M | 928.1K | 867.1K | 859K | 789.5K | 957.7K | 845.6K | 723.4K | 781.4K | 1.1M | 884.2K | 1.1M |
| Short-term debt | 1.3M | 1.2M | 1.1M | 1.1M | 1M | 1M | 622.4K | 756K | 232.3K | 357.5K | 798.1K | 1.8M |
| Total current liabilities | 70.9M | 75.3M | 69.5M | 81.3M | 94.5M | 101.7M | 89.4M | 91.9M | 87M | 88.3M | 77.8M | 83M |
| Long-term debt | 1.1M | 950K | 466.1K | 469K | 0 | 13.5K | 162.1K | 308.2K | 257.1K | 1.1M | 1.4M | 2.7M |
| Total liabilities | 72.7M | 76.3M | 70M | 81.8M | 94.5M | 103.8M | 94.3M | 96.8M | 92.1M | 94.2M | 84M | 90.1M |
| Shareholders' equity | 528.6M | 562.7M | 597.9M | 633.3M | 669.8M | 697.8M | 731.8M | 736.1M | 777.4M | 802M | 826.9M | 844.6M |
| Total debt | 2.4M | 2.1M | 1.6M | 1.5M | 1M | 1M | 784.6K | 1.1M | 489.5K | 1.5M | 2.2M | 4.5M |
| Net debt | -265M | -309.8M | -295M | -288M | -348.1M | -487.4M | -431.7M | -341.9M | -422.1M | -525.5M | -366.8M | -263.9M |
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 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income | 20.2M | 28.9M | 3.2M | 82.6M | 79M | 113.1M | 134.2M | 148.1M |
| Depreciation & amortization | 25.6K | 173.6K | 262.2K | 850.4K | 1.1M | 2M | 1.3M | 1.8M |
| Stock-based compensation | 0 | 0 | 60.8M | 43.9M | 26.7M | 17.9M | 14.7M | 10.3M |
| Change in working capital | 2.8M | 2.9M | 8.2M | 13.8M | 8.4M | 7.2M | 12.7M | -2.5M |
| Operating cash flow | 23.1M | 32M | 72.5M | 142.1M | 116.1M | 141.2M | 161M | 137.5M |
| Capital expenditure | -203.9K | -427.9K | -1M | -1.5M | -15M | -1.6M | -696.1K | — |
| Investing cash flow | -1.9M | -2.8M | 2.5M | -5.4M | -61.2M | -226.1M | 18.6M | -42.8M |
| Dividends paid | 0 | 0 | -9M | 0 | 0 | — | — | — |
| Share repurchases | -8.5M | 0 | 0 | -25.4M | -1.6M | -8.5M | -13.9M | -56.6M |
| Financing cash flow | -16.6M | -200K | 123.8M | -25.6M | -1.6M | -8.5M | -13.9M | -56.6M |
| Net change in cash | 4.6M | 28.9M | 198.7M | 111.1M | 53.3M | -93.4M | 165.7M | 38.2M |
| Free cash flow | 23.2M | 30.9M | 63.8M | 142.8M | 103.2M | 137.7M | 172M | 135.2M |