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 % |
|---|---|---|---|---|---|---|
| Q3 25 | -$0.12 | -$0.26 | -116.7% | — | $658.9M | — |
| Q2 25 | -$0.13 | $1.12 | +961.5% | — | $716.9M | — |
| Q4 23 | -$0.23 | -$0.13 | +43.5% | — | $1.1B | — |
| Q3 23 | -$0.06 | -$0.05 | +16.7% | — | $1B | — |
| Q2 23 | -$2.34 | -$2.19 | +6.4% | — | $1B | — |
| Q1 23 | -$2.46 | -$1.18 | +52.0% | — | $994.2M | — |
| Q4 22 | -$3.07 | -$2.64 | +14.0% | — | $1.1B | — |
| Q3 22 | -$5.9 | -$4.9 | +16.9% | — | $911.7M | — |
| Q2 22 | -$5.65 | -$8.67 | -53.5% | — | $836M | — |
| Q1 22 | -$5.95 | -$3.67 | +38.3% | — | $743.2M | — |
| Q4 21 | -$2.65 | -$2.43 | +8.3% | — | $1B | — |
| Q3 21 | -$1.71 | -$2.29 | -33.9% | — | $823.5M | — |
| Q2 21 | -$4.19 | -$4.09 | +2.4% | — | $638.4M | — |
| Q1 21 | -$2.61 | -$16.3 | -523.0% | — | $478.3M | — |
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 | — | -$2.4 | — | — | $2.7B | — |
| FY24 | — | -$1.89 | — | — | $3.6B | — |
| FY23 | — | -$8.46 | — | — | $4.2B | — |
| FY22 | — | -$15.6 | — | — | $3.6B | — |
| FY21 | — | -$13 |
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 | $670.5M | $1.4B | $3B | $3.6B | $4.2B | $3.6B | $2.7B |
| YoY change | — | +101.7% | +118.9% | +21.8% | +16.5% | -14.3% | -23.6% |
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 | 670.5M | 1.4B | 3B | 3.6B | 4.2B | 3.6B | 2.7B |
| Cost of revenue | 358.2M | 594.4M | 1.4B | 1.8B | 1.9B | 1.4B | 1.1B |
| Gross profit | 312.3M | 757.8M | 1.6B | 1.8B | 2.3B | 2.2B | 1.6B |
| Gross margin | 46.6% | 56% | 52.5% | 50.2% | 54.7% | 60.6% | 59.9% |
| Research & development | 351M | 329.8M | 619.6M | 763.4M | 901.5M | 732.6M | 525M |
| Selling, general & administrative | 1B | 1B | 2.3B | 2.6B | 2.5B | 1.9B | 1.5B |
| Operating expenses | 1.4B | 1.4B | 2.9B | 3.4B | 3.4B | 2.7B | 2B |
| Operating income | -1.1B | -602.9M | -1.4B | -1.6B | -1.1B | -481.1M | -380.9M |
| Operating margin | -157.9% | -44.6% | -47% | -44.5% | -25.5% | -13.4% | -13.9% |
| Non-operating income, net | 25.6M | 61.7M | 66M | -28.6M | 85.9M | 187.8M | 135.9M |
| Pretax income | -1B | -516.5M | -1.3B | -1.6B | -827.7M | -178.4M | -173.5M |
| Income tax | 40K | 1.1M | 5.4M | 14.2M | 11.8M | -9.4M | 21.7M |
| Net income | -1B | -517.5M | -1.3B | -1.6B | -839.5M | -169M | -195.2M |
| Net margin | -149.8% | -38.3% | -43.9% | -43.8% | -20% | -4.69% | -7.1% |
| EBITDA | -1.1B | -633.2M | -1.4B | -1.5B | -1.1B | -604M | -461.3M |
| EPS | -17.5 | -12.9 | -13 | -15.6 | -8.46 | -1.89 | -2.4 |
| Diluted EPS | -17.5 | -12.9 | -13 | -15.6 | -8.46 | -1.89 | -2.4 |
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 | 1B | 1.1B | 960.9M | 130.6M | 119.3M | 859.2M | 729.7M | 716.9M | 658.9M | 643.5M | 651.6M | 690.1M |
| Cost of revenue | 473.7M | 465.2M | 417.4M | 52.8M | 43M | 318.5M | 278.6M | 268.7M | 255.3M | 298.7M | 263.2M | 296.7M |
| Gross profit | 548.5M | 673.1M | 543.5M | 77.8M | 76.3M | 540.7M | 451.1M | 448.2M | 403.6M | 344.8M | 388.3M | 393.4M |
| Gross margin | 53.7% | 59.1% | 56.6% | 59.6% | 63.9% | 62.9% | 61.8% | 62.5% | 61.3% | 53.6% | 59.6% | 57% |
| Research & development | 249.7M | 232.6M | 197.4M | 29.3M | 25.3M | 146.6M | 141.9M | 145.7M | 114.4M | 123.1M | 110.1M | 108.6M |
| Selling, general & administrative | 648.9M | 618.7M | 570.9M | 74.3M | 62.9M | 382.2M | 361.8M | 393.5M | 389.1M | 359.3M | 341.2M | 360.7M |
| Operating expenses | 898.6M | 851.3M | 768.2M | 103.5M | 88.2M | 528.8M | 503.7M | 539.2M | 503.5M | 482.3M | 451.2M | 469.4M |
| Operating income | -350.1M | -178.2M | -224.7M | -25.7M | -11.9M | 11.9M | -52.6M | -91M | -99.8M | -137.5M | -62.9M | -75.9M |
| Operating margin | -34.3% | -15.7% | -23.4% | -19.7% | -9.98% | 1.38% | -7.21% | -12.7% | -15.1% | -21.4% | -9.65% | -11% |
| Non-operating income, net | 31.1M | 41.2M | 29.5M | 9.7M | 6.1M | 45.6M | 21.7M | 171.9M | 36.6M | -94.3M | 40.4M | 20.5M |
| Pretax income | -278.6M | -98.2M | -164.5M | -12.3M | -1.4M | 83.7M | -10.3M | 101.2M | -45.9M | -218.4M | -6.9M | -40.8M |
| Income tax | -256K | 4.9M | 1.3M | -987.6K | -134K | -2.7M | -233K | 28.7M | 850K | -7.6M | 1.6M | -3.4M |
| Net income | -278.4M | -103.1M | -165.8M | -11.3M | -1.3M | 86.4M | -10.1M | 72.5M | -46.7M | -210.8M | -8.5M | -37.4M |
| Net margin | -27.2% | -9.06% | -17.3% | -8.63% | -1.06% | 10.1% | -1.39% | 10.1% | -7.09% | -32.8% | -1.31% | -5.42% |
| EBITDA | -354M | -204.3M | -251.2M | -33.2M | -14.7M | -33.6M | -71.9M | -231.8M | -136.8M | -45.7M | -91.4M | -92.2M |
| EPS | -2.82 | -1.08 | -1.77 | -0.9 | -0.12 | 1.02 | -0.12 | 0.9 | -0.57 | -2.67 | -0.12 | -0.48 |
| Diluted EPS | -2.82 | -1.08 | -1.77 | -0.9 | -0.12 | 0.99 | -0.12 | 0.87 | -0.57 | -2.67 | -0.12 | -0.48 |
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 | — | — | 24.1B | 5.8B | 4.1B | — | — | — |
| Enterprise value | — | — | 17B | -409M | -1.3B | — | — | — |
| Shares outstanding | 594.6M | 676.6M | 724M | 737.9M | 728.4M | 91.2M | 80M | 80M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/S | — | — | 8.13 | 1.6 | 0.97 | — | — | — |
| P/B | — | — | 3.57 | 1.01 | 0.87 | — | — | — |
| EV/EBITDA | — | — | -11.8 | 0.26 | 1.22 | — | — | — |
| EV/Sales | — | — | 5.74 | -0.11 | -0.32 | — | — | — |
| FCF yield | — | — | -1.86% | -19.4% | -10.4% | — | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 46.6% | 56% | 52.5% | 50.2% | 54.7% | 60.6% | 59.9% | 59.9% |
| Operating margin | -157.9% | -44.6% | -47% | -44.5% | -25.5% | -13.4% | -13.9% | -13.9% |
| Net margin | -149.8% | -38.3% | -43.9% | -43.8% | -20% | -4.69% | -7.1% | -7.1% |
| ROE | 25.2% | 10.1% | -19.3% | -27.7% | -17.9% | -4.03% | -5.04% | -5.04% |
| ROA | -25.2% | -13.8% | -14.8% | -20.6% | -12.4% | -2.95% | -3.76% | -3.76% |
| ROIC | 14.1% | 7.32% | 395.7% | 340.7% | 149.8% | 74.8% | 130% | 130% |
| Return on tangible assets | -25.7% | -13.9% | -15.2% | -21.8% | -13.6% | -3.15% | -3.8% | -3.8% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 5.11 | 3.67 | 4.39 | 4.01 | 3.28 | 3.6 | 3.73 | 3.73 |
| Quick ratio | 5.11 | 3.67 | 4.39 | 4.01 | 3.28 | 3.6 | 3.73 | 3.73 |
| Debt / equity | -0.01 | -0 | 0.02 | 0.02 | 0.01 | 0 | 0.02 | 0.02 |
| Debt / assets | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0.01 |
| Net debt / EBITDA | 3.32 | 4.89 | 4.92 | 3.99 | 5 | 8.01 | 9.03 | 9.03 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.13 | 2 | 4.09 | 4.89 | 5.76 | 39.5 | 34.4 | 34.4 |
| EPS (basic) | -17.5 | -12.9 | -13 | -15.6 | -8.46 | -1.89 | -2.4 | -2.4 |
| EPS (diluted) | -17.5 | -12.9 | -13 | -15.6 | -8.46 | -1.89 | -2.4 | -2.4 |
| Book value per share | -6.71 | -7.6 | 9.31 | 7.72 | 6.45 | 46 | 48.4 | 48.4 |
| FCF per share | -1.21 | -0.36 | -0.62 | -1.51 | -0.58 | -3.1 | -5.3 | -5.3 |
| Cash per share | 5.96 | 4.58 | 9.96 | 8.49 | 7.5 | 53.3 | 53 | 53 |
| Capex per share | 0.01 | 0 | 0.01 | 0 | 0.01 | 0.03 | — | — |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.65% | 0.14% | 0.25% | 0.02% | 0.2% | 0.08% | — | — |
| Capex / operating cash flow | -0.56% | -0.58% | -1.67% | -0.04% | -2% | -1.55% | — | — |
| — |
| — |
| $3B |
| — |
| FY20 | — | -$12.9 | — | — | $1.4B | — |
| FY19 | — | -$17.5 | — | — | $670.5M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $1B | $1.1B | $960.9M | $130.6M | $119.3M | $859.2M | $729.7M | $716.9M | $658.9M | $643.5M | $651.6M | $690.1M |
| YoY change | +12.1% | +2.18% | -3.36% | -87.5% | -88.3% | -24.5% | -24.1% | +449% | +452.4% | -25.1% | -10.7% | -3.73% |
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 | 3.5B | 3.1B | 7.2B | 6.3B | 5.5B | 4.9B | 4.2B |
| Receivables | 245.9M | 486M | 831.6M | 834.3M | 664.6M | 420.6M | 358M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 3.9B | 3.7B | 8.3B | 7.3B | 6.4B | 5.5B | 4.7B |
| Property, plant & equipment | 40.6M | 11.3M | 136.4M | 107.4M | 51.1M | 15.6M | 47.4M |
| Goodwill & intangibles | 69.9M | 47M | 283.9M | 413.2M | 627.4M | 361.8M | 59.2M |
| Total assets | 4B | 3.8B | 8.8B | 7.7B | 6.8B | 5.7B | 5.2B |
| Accounts payable | 287M | 501.8M | 1B | 916.1M | 1B | 835.7M | 681.3M |
| Short-term debt | 22.7M | 2.9M | 40.5M | 53.2M | 42.1M | 17.3M | 56.4M |
| Total current liabilities | 763M | 1B | 1.9B | 1.8B | 1.9B | 1.5B | 1.3B |
| Long-term debt | 2.9M | 0 | 82.1M | 43.4M | 3.6M | 1.8M | 15.6M |
| Total liabilities | 8B | 8.9B | 2.1B | 2B | 2.1B | 1.5B | 1.3B |
| Shareholders' equity | -4B | -5.1B | 6.7B | 5.7B | 4.7B | 4.2B | 3.9B |
| Total debt | 25.6M | 2.9M | 122.7M | 96.6M | 45.7M | 19.1M | 72M |
| Net debt | -874.7M | -954.9M | -2B | -4.4B | -2.1B | -4B | -3.3B |
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 | 5.7B | 5.5B | 5.2B | 700.5M | 705.3M | 4.9B | 4.6B | 4.6B | 4.4B | 4.2B | 4.3B | 4.3B |
| Receivables | 624.3M | 664.6M | 638.2M | 74.5M | 62.9M | 420.6M | 429.2M | 356.7M | 326.3M | 358M | 389.8M | 407.7M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 6.6B | 6.4B | 6.1B | 816.2M | 811.7M | 5.5B | 5.2B | 5.1B | 4.9B | 4.7B | 4.8B | 4.8B |
| Property, plant & equipment | 55.6M | 51.1M | 41.9M | 4.4M | 3.2M | 15.6M | 74.2M | 63.4M | 52.4M | 47.4M | 36.3M | 17.8M |
| Goodwill & intangibles | 635M | 627.4M | 616.4M | 52.6M | 52.1M | 361.8M | 354.7M | 347.4M | 340.1M | 59.2M | 55.8M | 52.5M |
| Total assets | 7B | 6.8B | 6.5B | 854.1M | 848.2M | 5.7B | 5.7B | 5.7B | 5.5B | 5.2B | 5.1B | 5.1B |
| Accounts payable | 954.1M | 1B | 1B | 127.7M | 126.1M | 835.7M | 740.1M | 756.4M | 684.3M | 681.3M | 678.8M | 702.2M |
| Short-term debt | 47.8M | 42.1M | 33.7M | 10.7M | 9.6M | 17.3M | 93.4M | 202.2M | 130.4M | 56.4M | 18.1M | 122M |
| Total current liabilities | 1.9B | 1.9B | 1.9B | 234.9M | 231.3M | 1.5B | 1.5B | 1.5B | 1.3B | 1.3B | 1.3B | 1.3B |
| Long-term debt | 3.7M | 3.6M | 2.9M | 289.6K | 371.3K | 1.8M | 34.8M | 27.3M | 20.4M | 15.6M | 9.3M | 5.2M |
| Total liabilities | 2.1B | 2.1B | 2B | 238.8M | 234.8M | 1.5B | 1.5B | 1.5B | 1.4B | 1.3B | 1.3B | 1.3B |
| Shareholders' equity | 5B | 4.7B | 4.5B | 615.3M | 613.4M | 4.2B | 4.2B | 4.2B | 4.1B | 3.9B | 3.8B | 3.7B |
| Total debt | 51.4M | 45.7M | 36.6M | 11M | 9.9M | 19.1M | 128.2M | 229.6M | 150.7M | 72M | 27.5M | 127.2M |
| Net debt | -3.1B | -2.1B | -2.2B | -430.8M | -443.8M | -4B | -3.1B | -3B | -2.6B | -3.3B | -3B | -2.8B |
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 | -1B | -517.5M | -1.3B | -1.6B | -839.5M | -169M | -839.5M |
| Depreciation & amortization | 20.2M | 19.6M | 21.5M | 25.2M | 24.9M | 21.9M | 24.9M |
| Stock-based compensation | 179.7M | 180.1M | 548.5M | 373.9M | 164.7M | 59.3M | 164.7M |
| Change in working capital | 27.2M | -18M | 285.3M | -143.6M | 229.8M | -83.3M | 229.8M |
| Operating cash flow | -777.1M | -335.9M | -444.7M | -1.3B | -424M | -174.1M | -415.5M |
| Capital expenditure | -4.3M | -1.9M | -7.4M | -591K | -8.5M | -2.7M | — |
| Investing cash flow | -2.1B | 430.1M | -3.1B | 3.5B | -1.7B | 2.6B | -1.7B |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | — | 0 | 0 | -128M | -369.6M | -400.7M | -369.6M |
| Financing cash flow | 3B | 0 | 4.9B | -128M | -369.6M | -456.8M | -369.6M |
| Net change in cash | 132.7M | 94.2M | 1.3B | 2B | -2.5B | 1.9B | -2.5B |
| Free cash flow | -721.3M | -246.4M | -447.7M | -1.1B | -424.4M | -282.9M | -424.4M |