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 | $0.19 | $0.27 | +42.1% | — | $442.8M | — |
| Q1 26 | $0.12 | $0.16 | +33.3% | — | $396.3M | — |
| Q4 25 | $0.23 | $0.37 | +60.9% | — | $394.6M | — |
| Q2 25 | $0.12 | $0.14 | +16.7% | — | $308.4M | — |
| Q1 25 | $0.11 | $0.11 | 0.0% | — | $264.4M | — |
| Q4 24 | $0.22 | $0.25 | +13.6% | — | $314.7M | — |
| Q3 24 | $0.17 | $0.16 | -5.9% | — | $268.3M | — |
| Q2 24 | $0.1 | $0.14 | +40.0% | — | $227.8M | — |
| Q1 24 | $0.08 | $0.08 | 0.0% | — | $194.9M | — |
| Q4 23 | $0.14 | $0.17 | +21.4% | — | $210.3M | — |
| Q3 23 | $0.09 | $0.09 | 0.0% | — | $189M | — |
| Q2 23 | $0.06 | $0.05 | -16.7% | — | $171.8M | — |
| Q1 23 | $0.05 | $0.05 | 0.0% | — | $157.6M | — |
| Q4 22 | $0.09 | $1.09 | +1111.1% | — | $175.1M | — |
| Q3 22 | $0.04 | $0.05 | +25.0% | — | $152.3M | — |
| Q2 22 | $0.03 | -$0.03 | -200.0% | — | $137.3M | — |
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 | — | -$0.13 | — | — | $1.3B | — |
| FY24 | — | -$0.38 | — | — | $1B | — |
| FY23 | — | -$1.2 | — | — | $728.7M | — |
| FY22 | — | -$2.01 | — | — | $591M | — |
| FY21 | — | -$2.95 |
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 | $306.1M | $368.1M | $458.3M | $591M | $728.7M | $1B | $1.3B |
| YoY change | — | +20.3% | +24.5% | +28.9% | +23.3% | +38% | +29.7% |
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 | 306.1M | 368.1M | 458.3M | 591M | 728.7M | 1B | 1.3B |
| Cost of revenue | 110.4M | 148.9M | 174.7M | 215.5M | 274.5M | 399.6M | 513.6M |
| Gross profit | 195.7M | 219.2M | 283.6M | 375.5M | 454.2M | 606.2M | 791.1M |
| Gross margin | 63.9% | 59.6% | 61.9% | 63.5% | 62.3% | 60.3% | 60.6% |
| Research & development | 28.7M | 31.8M | 64.5M | 69.5M | 73.9M | 90.7M | 117.2M |
| Selling, general & administrative | 142.9M | 148M | 418.9M | 512.9M | 493.9M | 519.1M | 573.1M |
| Operating expenses | 171.5M | 179.8M | 483.4M | 582.3M | 567.7M | 609.8M | 690.2M |
| Operating income | -10.2M | -583K | -245.7M | -258.7M | -164.6M | -59.7M | 28.8M |
| Operating margin | -3.34% | -0.16% | -53.6% | -43.8% | -22.6% | -5.93% | 2.21% |
| Non-operating income, net | -11.7M | -35.5M | 2.6M | -14.7M | -10.9M | -8.1M | -61.5M |
| Pretax income | -37.5M | -52.3M | -250.2M | -280.7M | -186.4M | -74.9M | -33.1M |
| Income tax | 1M | 919K | -598K | -1.5M | 1M | -5.2M | -1.6M |
| Net income | -38.5M | -53.2M | -249.6M | -279.2M | -187.5M | -69.8M | -31.5M |
| Net margin | -12.6% | -14.5% | -54.4% | -47.3% | -25.7% | -6.94% | -2.42% |
| EBITDA | 23.9M | 39.6M | -199.5M | -220.8M | -121.3M | -3.5M | 99.8M |
| EPS | -0.47 | -0.62 | -2.95 | -2.01 | -1.2 | -0.38 | -0.13 |
| Diluted EPS | -0.47 | -0.62 | -2.95 | -2.01 | -1.2 | -0.38 | -0.13 |
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 | 189M | 210.3M | 194.9M | 227.8M | 268.3M | 314.7M | 264.4M | 308.4M | 337.2M | 394.6M | 396.3M | 442.8M |
| Cost of revenue | 73.5M | 84.6M | 76.9M | 91.1M | 105.7M | 125.9M | 103.5M | 117M | 133.2M | 159.9M | 162.4M | 181M |
| Gross profit | 115.5M | 125.7M | 118.1M | 136.8M | 162.6M | 188.7M | 160.9M | 191.5M | 203.9M | 234.8M | 233.9M | 261.8M |
| Gross margin | 61.1% | 59.8% | 60.6% | 60% | 60.6% | 60% | 60.9% | 62.1% | 60.5% | 59.5% | 59% | 59.1% |
| Research & development | 18.1M | 19.9M | 20M | 23.6M | 22.8M | 24.3M | 26.8M | 30.6M | 29.8M | 30M | 45M | 42.2M |
| Selling, general & administrative | 121.4M | 124.1M | 120.2M | 126.8M | 135M | 137.1M | 129.4M | 148.6M | 141.7M | 153.4M | 175.8M | 180M |
| Operating expenses | 139.4M | 144.1M | 140.2M | 150.4M | 157.8M | 161.4M | 156.2M | 179.2M | 171.5M | 183.4M | 220.8M | 222.2M |
| Operating income | -37.2M | -31.9M | -35.9M | -26.6M | -7.8M | 10.6M | -13M | -5.1M | 15.2M | 31.6M | -10.4M | 16.9M |
| Operating margin | -19.7% | -15.1% | -18.4% | -11.7% | -2.91% | 3.36% | -4.9% | -1.66% | 4.52% | 8.02% | -2.63% | 3.82% |
| Non-operating income, net | -2.4M | -682K | -671K | 1.6M | -7.4M | -1.6M | -6.7M | -6.4M | -18.2M | -30.3M | -4.6M | -8.2M |
| Pretax income | -42.5M | -35.3M | -39.2M | -27.6M | -17.2M | 9M | -20M | -11.6M | -2.8M | 1.3M | -15.8M | 7.8M |
| Income tax | 590K | -60K | 396K | 486K | 200K | -6.3M | 1.6M | 1.2M | 840K | -5.3M | -2.6M | -373K |
| Net income | -43.1M | -35.3M | -39.6M | -28.1M | -17.4M | 15.2M | -21.6M | -12.8M | -3.6M | 6.5M | -13.2M | 8.2M |
| Net margin | -22.8% | -16.8% | -20.3% | -12.3% | -6.48% | 4.84% | -8.17% | -4.15% | -1.08% | 1.66% | -3.34% | 1.85% |
| EBITDA | -26.4M | -19M | -22.8M | -12.1M | 1.9M | 29.4M | 1.2M | 5.9M | 38.9M | 40.8M | 16.9M | 31.4M |
| EPS | -0.27 | -0.22 | -0.23 | -0.16 | -0.09 | 0.07 | -0.1 | -0.05 | -0.02 | 0.03 | -0.05 | 0.03 |
| Diluted EPS | -0.27 | -0.22 | -0.23 | -0.16 | -0.09 | 0.06 | -0.1 | -0.05 | -0.02 | 0.03 | -0.05 | 0.03 |
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 | — | — | — | — | — | — | — | 7.3B |
| Enterprise value | — | — | — | — | — | — | — | 7.3B |
| Shares outstanding | 117.9M | 117.9M | 86.9M | 139M | 156.7M | 186M | 244.8M | 244.8M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | -226.3 |
| P/S | — | — | — | — | — | — | — | 4.63 |
| P/B | — | — | — | — | — | — | — | 7.83 |
| EV/EBITDA | — | — | — | — | — | — | — | 63 |
| EV/Sales | — | — | — | — | — | — | — | 4.65 |
| Earnings yield | — | — | — | — | — | — | — | -0.44% |
| FCF yield | — | — | — | — | — | — | — | 3.47% |
| PEG | — | — | — | — | — | — | — | 1.41 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 63.9% | 59.6% | 61.9% | 63.5% | 62.3% | 60.3% | 60.6% | 59.1% |
| Operating margin | -3.34% | -0.16% | -53.6% | -43.8% | -22.6% | -5.93% | 2.21% | 3.82% |
| Net margin | -12.6% | -14.5% | -54.4% | -47.3% | -25.7% | -6.94% | -2.42% | -0.14% |
| ROE | 119.7% | 62.6% | -275.8% | -218.1% | -103.9% | -10.3% | -3.92% | -0.27% |
| ROA | -12.3% | -18.6% | -62.8% | -59.9% | -34% | -6.28% | -2.1% | 2.6% |
| ROIC | -9.01% | -1.08% | -144.3% | -135.5% | -70.7% | -11.8% | 4.22% | 6.56% |
| Return on tangible assets | -499.2% | -508.9% | -2.4K% | -730.6% | -175.1% | -40.8% | 61.6% | 10.1% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.37 | 1.36 | 1.85 | 1.84 | 1.76 | 3.09 | 1.6 | 2.38 |
| Quick ratio | 1.37 | 1.36 | 1.85 | 1.84 | 1.76 | 3.09 | 1.6 | 2.38 |
| Debt / equity | -5.7 | -2.23 | 2.03 | 1.44 | 1.02 | 0.29 | 0.24 | 0.24 |
| Debt / assets | 0.58 | 0.66 | 0.46 | 0.39 | 0.33 | 0.18 | 0.13 | 0.13 |
| Net debt / EBITDA | 6.1 | 3.51 | -0.4 | -0.28 | -0.43 | 48.9 | -1.23 | -0.88 |
| Interest coverage | -1.42 | -2.22 | -34.6 | -37.4 | -16 | -9.49 | -88.2 | -88.2 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.6 | 3.12 | 5.27 | 4.25 | 4.65 | 5.41 | 5.33 | 6.71 |
| EPS (basic) | -0.47 | -0.62 | -2.95 | -2.01 | -1.2 | -0.38 | -0.13 | -0.13 |
| EPS (diluted) | -0.47 | -0.62 | -2.95 | -2.01 | -1.2 | -0.38 | -0.13 | -0.13 |
| Book value per share | -0.27 | -0.72 | 1.04 | 0.92 | 1.15 | 3.64 | 3.29 | 3.7 |
| FCF per share | 0.07 | 0.09 | 0.2 | 0.28 | 0.35 | 0.5 | 0.67 | 0.81 |
| Cash per share | 0.32 | 0.43 | 1.19 | 0.87 | 0.84 | 1.97 | 1.31 | 1.24 |
| Capex per share | 0.03 | 0.02 | — | — | — | — | 0.06 | 0.07 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.08% | 0.61% | — | — | — | — | 1.06% | 1.05% |
| Capex / operating cash flow | 10% | 9.58% | — | — | — | — | 6.95% | 6.87% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $458.3M |
| — |
| FY20 | — | -$0.62 | — | — | $368.1M | — |
| FY19 | — | -$0.47 | — | — | $306.1M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $189M | $210.3M | $194.9M | $227.8M | $268.3M | $314.7M | $264.4M | $308.4M | $337.2M | $394.6M | $396.3M | $442.8M |
| YoY change | +24.1% | +20.1% | +23.7% | +32.6% | +42% | +49.6% | +35.6% | +35.4% | +25.7% | +25.4% | +49.9% | +43.5% |
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 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 37.5M | 50.7M | 103.9M | 121.1M | 131.7M | 366.2M | 319.8M |
| Receivables | 102.4M | 79.4M | 83.6M | 106.3M | 170.1M | 235.2M | 322.4M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 150.9M | 141.4M | 196.1M | 236.4M | 309.8M | 616.5M | 685.8M |
| Property, plant & equipment | 7M | 6.1M | 5.6M | 13.4M | 14.1M | 17.7M | 34.5M |
| Goodwill & intangibles | 305.6M | 275.8M | 387M | 428.3M | 443.6M | 940.2M | 1.6B |
| Total assets | 313.3M | 286.3M | 397.3M | 466.5M | 550.7M | 1.1B | 1.5B |
| Accounts payable | 36.5M | 41M | 21.7M | 33.7M | 63.6M | 43.7M | 40.1M |
| Short-term debt | — | — | — | — | — | — | — |
| Total current liabilities | 110.2M | 104M | 105.8M | 128.7M | 176.4M | 199.3M | 429.5M |
| Long-term debt | 183.1M | 189.7M | 183.6M | 184M | 184.1M | 196.3M | 197.1M |
| Total liabilities | 345.4M | 371.3M | 306.8M | 338.5M | 370.2M | 434.6M | 698.9M |
| Shareholders' equity | -32.1M | -85M | 90.5M | 128M | 180.5M | 676.8M | 804.6M |
| Total debt | 183.1M | 189.7M | 183.6M | 184M | 184.1M | 196.3M | 197.1M |
| Net debt | 145.6M | 139M | 79.8M | 62.8M | 52.4M | -169.9M | -122.7M |
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 | 120.8M | 131.7M | 141.6M | 154.7M | 418.5M | 366.2M | 364.4M | 365.3M | 385.2M | 319.8M | 288.8M | 310M |
| Receivables | 140.4M | 170.1M | 160.6M | 182.8M | 203.7M | 235.2M | 223.8M | 251M | 272.3M | 322.4M | 321.7M | 327.1M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 269.5M | 309.8M | 310.9M | 347.6M | 633.6M | 616.5M | 601.8M | 630.2M | 689.1M | 685.8M | 649.3M | 677.7M |
| Property, plant & equipment | 13.4M | 14.1M | 15.3M | 14.3M | 15.4M | 17.7M | 18.5M | 21M | 21.9M | 34.5M | 34.6M | 40M |
| Goodwill & intangibles | 448.4M | 443.6M | 437M | 431.4M | 426.7M | 940.2M | 920.1M | 885.4M | 867.9M | 1.6B | 1.5B | 1.5B |
| Total assets | 511.3M | 550.7M | 550.3M | 583.9M | 869.1M | 1.1B | 1.1B | 1.1B | 1.2B | 1.5B | 1.4B | 1.5B |
| Accounts payable | 59.2M | 63.6M | 53.4M | 46.5M | 58.5M | 43.7M | 32.5M | 48M | 29.1M | 40.1M | 32.2M | 32.4M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 162.5M | 176.4M | 164.4M | 176M | 190.9M | 199.3M | 180.8M | 193.8M | 228.8M | 429.5M | 314.2M | 284.6M |
| Long-term debt | 184M | 184.1M | 184.2M | 184.4M | 196.1M | 196.3M | 196.5M | 196.7M | 196.9M | 197.1M | 197.3M | 197.5M |
| Total liabilities | 361.6M | 370.2M | 358.7M | 366.8M | 394.2M | 434.6M | 411M | 426.8M | 461.6M | 698.9M | 566.9M | 541.3M |
| Shareholders' equity | 149.8M | 180.5M | 191.6M | 217M | 474.9M | 676.8M | 676.6M | 673.3M | 689.2M | 804.6M | 880.3M | 926.5M |
| Total debt | 184M | 184.1M | 184.2M | 184.4M | 196.1M | 196.3M | 196.5M | 196.7M | 196.9M | 197.1M | 197.3M | 197.5M |
| Net debt | 63.2M | 52.4M | 42.6M | 29.6M | -222.4M | -169.9M | -167.9M | -168.6M | -188.3M | -122.7M | -91.5M | -112.5M |
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 | -38.5M | -53.2M | -249.6M | -279.2M | -187.5M | -69.8M | -31.5M |
| Depreciation & amortization | 34.3M | 40.1M | 45.9M | 51.9M | 51.1M | 56.1M | 72M |
| Stock-based compensation | 216K | 105K | 259.2M | 299M | 242.9M | 195M | 177.8M |
| Change in working capital | 34.5M | 32.5M | -15.3M | -13M | -38.8M | -65.5M | -84.1M |
| Operating cash flow | 33M | 23.5M | 37.7M | 68.3M | 77M | 107.5M | 198.9M |
| Capital expenditure | -3.3M | -2.2M | — | — | — | — | -13.8M |
| Investing cash flow | -42.3M | -2.2M | -20.1M | -9.2M | -18.2M | -55.8M | -104.1M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | 0 | 0 | -64.5M | -9.6M | -13.4M | -42.2M | -121M |
| Financing cash flow | 28M | 2.8M | 57.4M | -15.6M | -40.2M | 191.3M | -127.3M |
| Net change in cash | 18.7M | 24M | 75M | 43.6M | 18.6M | 243.1M | -32.5M |
| Free cash flow | 7.9M | 10.3M | 17.5M | 39.3M | 54.6M | 92.1M | 165M |
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 | -43.1M | — | -39.6M | -28.1M | -17.4M | 15.2M | -21.6M | -12.8M | -3.6M | 6.5M | -13.2M | 8.2M |
| Depreciation & amortization | 13.2M | — | 13.7M | 13M | 12.6M | 16.8M | 17.7M | 17.4M | 17.2M | 19.8M | 23.5M | 22.7M |
| Stock-based compensation | 57.7M | — | 52.6M | 52.2M | 47.2M | 43M | 42M | 46.5M | 45.6M | 43.7M | 53M | 52.1M |
| Change in working capital | -16.7M | — | 149K | -29.3M | -10M | -26.3M | -4.5M | -17.8M | -39.5M | -22.2M | 2.7M | -19.8M |
| Operating cash flow | 13.7M | — | 27.4M | 6.4M | 34.6M | 39.1M | 36.3M | 42M | 57.9M | 64.1M | 49.7M | 69.2M |
| Capital expenditure | — | — | — | — | — | — | — | -2.3M | -5.5M | -3.3M | -3M | -4.8M |
| Investing cash flow | 0 | — | 0 | 0 | 0 | -55.8M | -530K | -3M | -5.5M | -92.4M | -50M | -8.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -3.5M | — | -3.4M | -4.9M | -3.9M | -29.9M | -25.9M | -32M | -28M | -35M | -25.7M | -29.9M |
| Financing cash flow | -9.8M | 0 | -5.6M | -9.7M | 7.6M | -30.3M | -29.5M | -34.7M | -28M | -35M | -26M | -38M |
| Net change in cash | 3.9M | 0 | 21.8M | -3.3M | 42.2M | -47M | 6.2M | 4.3M | 24.4M | -63.2M | -26.2M | 22.5M |
| Free cash flow | 13.5M | — | 15.2M | 19.8M | 25.6M | 31.5M | 27.9M | 33.9M | 47.3M | 55.9M | 41.2M | 57.6M |