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 | $0.01 | $0.01 | 0.0% | — | $115M | — |
| Q2 25 | $0.04 | $0.03 | -25.0% | — | $112.2M | — |
| Q1 25 | $0.01 | $0.02 | +100.0% | — | $110.1M | — |
| Q4 24 | $0.05 | $0.05 | 0.0% | — | $111M | — |
| Q3 24 | $0.06 | $0.06 | 0.0% | — | $117.1M | — |
| Q2 24 | $0.11 | $0.22 | +100.0% | — | $123.7M | — |
| Q1 24 | $0.13 | $0.07 | -46.2% | — | $122.2M | — |
| Q4 23 | $0.07 | $0.05 | -28.6% | — | $135.9M | — |
| Q3 23 | $0.11 | $0.23 | +109.1% | — | $155.6M | — |
| Q2 23 | $0.08 | $0.14 | +75.0% | — | $170.4M | — |
| Q1 23 | -$0.02 | $0.05 | +350.0% | — | $183.7M | — |
| Q4 22 | $0.09 | $0.17 | +88.9% | — | $210.5M | — |
| Q3 22 | $0.12 | $0.17 | +41.7% | — | $227M | — |
| Q2 22 | $0.06 | $0.11 | +83.3% | — | $239.9M | — |
| Q1 22 | — | $0.07 | — | — | $227.3M | — |
| Q4 21 | $0.12 | $0.16 | +33.3% | — | $220.1M | — |
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 | — | -$0.37 | — | — | $449M | — |
| FY24 | — | -$0.13 | — | — | $474M | — |
| FY23 | — | $0.49 | — | — | $645.7M | — |
| FY22 | — | $0.54 | — | — | $904.6M | — |
| FY21 | — | $0.02 |
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 | $429.6M | $418.1M | $741.1M | $904.6M | $645.7M | $474M | $449M |
| YoY change | — | -2.66% | +77.2% | +22.1% | -28.6% | -26.6% | -5.28% |
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 | 429.6M | 418.1M | 741.1M | 904.6M | 645.7M | 474M | 449M |
| Cost of revenue | 54.8M | 54.2M | 79.6M | 86.3M | 64.3M | 50.1M | 48.3M |
| Gross profit | 374.8M | 364M | 661.5M | 818.4M | 581.4M | 423.9M | 400.7M |
| Gross margin | 87.2% | 87% | 89.3% | 90.5% | 90% | 89.4% | 89.2% |
| Research & development | 65.4M | 69.4M | 110.5M | 127.7M | 141.8M | 134.8M | 124.6M |
| Selling, general & administrative | 315.7M | 230.1M | 559.4M | 593.4M | 360.2M | 287.8M | 295.5M |
| Operating expenses | 381.1M | 299.5M | 669.9M | 721.1M | 502M | 422.6M | 420M |
| Operating income | -6.3M | 64.4M | -8.4M | 97.2M | 79.4M | 1.3M | -19.4M |
| Operating margin | -1.47% | 15.4% | -1.13% | 10.7% | 12.3% | 0.27% | -4.31% |
| Non-operating income, net | 1.1M | 942K | 29K | 398K | 577K | -699K | 373K |
| Pretax income | -5.8M | 64.3M | -9.3M | 74.1M | 70.5M | -6.5M | -30.6M |
| Income tax | 588K | -21.7M | -12.9M | 12.6M | 21.5M | 6.4M | 2.4M |
| Net income | -6.3M | 86M | 3.6M | 61.5M | 49.1M | -12.9M | -33M |
| Net margin | -1.48% | 20.6% | 0.49% | 6.8% | 7.6% | -2.71% | -7.35% |
| EBITDA | 3.8M | 75.3M | 1.1M | 113.3M | 111.6M | 35.4M | 11.5M |
| EPS | -0.09 | 0.59 | 0.02 | 0.54 | 0.49 | -0.13 | -0.37 |
| Diluted EPS | -0.09 | 0.53 | 0.02 | 0.51 | 0.46 | -0.13 | -0.37 |
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 | 155.6M | 135.9M | 122.2M | 123.7M | 117.1M | 111M | 110.1M | 112.2M | 115M | 111.7M | 107.5M | 118.1M |
| Cost of revenue | 14.5M | 13.5M | 13.3M | 12.9M | 12.4M | 11.5M | 11.7M | 12M | 12.5M | 12.1M | 12M | 12.6M |
| Gross profit | 141.1M | 122.4M | 108.9M | 110.7M | 104.7M | 99.5M | 98.4M | 100.3M | 102.5M | 99.5M | 95.6M | 105.5M |
| Gross margin | 90.7% | 90.1% | 89.1% | 89.5% | 89.4% | 89.6% | 89.4% | 89.3% | 89.1% | 89.1% | 88.9% | 89.3% |
| Research & development | 32.1M | 32.8M | 36.1M | 33.3M | 33.7M | 31.7M | 33.3M | 32.1M | 30.9M | 28.4M | 26.1M | 26.4M |
| Selling, general & administrative | 76.3M | 76.4M | 73.7M | 68M | 74.2M | 71.8M | 76.8M | 74.8M | 76.6M | 67.2M | 71M | 75M |
| Operating expenses | 108.4M | 109.2M | 109.8M | 101.3M | 107.9M | 103.5M | 110.1M | 106.9M | 107.5M | 95.5M | 97.1M | 101.3M |
| Operating income | 32.7M | 13.3M | -906K | 9.4M | -3.2M | -4M | -11.7M | -6.7M | -5M | 4M | -1.5M | 4.1M |
| Operating margin | 21% | 9.78% | -0.74% | 7.62% | -2.77% | -3.62% | -10.6% | -5.94% | -4.37% | 3.58% | -1.44% | 3.5% |
| Non-operating income, net | 4.7M | -14.2M | 4.9M | 5.6M | 6.3M | -17.5M | 5.4M | 5M | 4.1M | -14.1M | 3.4M | 62.4M |
| Pretax income | 30M | 11.7M | -3.4M | 7.7M | -4.4M | -6.4M | -13.7M | -9.1M | -8.3M | 512K | -5.6M | 59.9M |
| Income tax | 5.9M | 6.1M | 3.1M | 647K | -1.8M | 4.4M | -875K | 396K | 1.5M | 1.3M | -836K | 16.4M |
| Net income | 24.1M | 5.6M | -6.5M | 7M | -2.6M | -10.8M | -12.8M | -9.5M | -9.8M | -835K | -4.7M | 43.4M |
| Net margin | 15.5% | 4.14% | -5.32% | 5.67% | -2.2% | -9.72% | -11.7% | -8.47% | -8.54% | -0.75% | -4.41% | 36.8% |
| EBITDA | 40M | 22.2M | 7.1M | 17.9M | 6.2M | 4.2M | -3.3M | 1.7M | 2.3M | 10.8M | 4.8M | 10.3M |
| EPS | 0.24 | — | -0.07 | 0.07 | -0.03 | — | -0.13 | -0.1 | -0.11 | — | -0.06 | 0.53 |
| Diluted EPS | 0.23 | — | -0.07 | 0.07 | -0.03 | — | -0.13 | -0.1 | -0.11 | — | -0.06 | 0.53 |
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 | — | — | 2.5B | — | — | 713.8M | 350.5M | 286.1M |
| Enterprise value | — | — | 2.3B | — | — | 760.6M | 499M | 377.3M |
| Shares outstanding | 107.6M | 107.6M | 102.2M | 114.3M | 100.7M | 98.6M | 89.9M | 89.9M |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | 708.2 | — | — | — | — | 10.5 |
| P/S | — | — | 3.44 | — | — | 1.51 | 0.78 | 0.63 |
| P/B | — | — | 10.9 | — | — | 53.1 | -4.54 | -8.28 |
| EV/EBITDA | — | — | 2.1K | — | — | 21.5 | 43.5 | 64.1 |
| EV/Sales | — | — | 3.13 | — | — | 1.6 | 1.11 | 0.83 |
| Earnings yield | — | — | 0.14% | — | — | — | — | 9.48% |
| FCF yield | — | — | 5.13% | — | — | 5.07% | 0.99% | 3.01% |
| PEG | — | — | — | — | — | — | — | -0.02 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 87.2% | 87% | 89.3% | 90.5% | 90% | 89.4% | 89.2% | 89.3% |
| Operating margin | -1.47% | 15.4% | -1.13% | 10.7% | 12.3% | 0.27% | -4.31% | 3.5% |
| Net margin | -1.48% | 20.6% | 0.49% | 6.8% | 7.6% | -2.71% | -7.35% | 6.2% |
| ROE | 5.19% | -171.1% | 1.53% | 214.9% | 586.9% | -95.7% | 42.7% | 42.7% |
| ROA | -5.39% | 40.6% | 0.9% | 8.61% | 7.44% | -1.94% | -5.79% | 0.38% |
| ROIC | 5.23% | -57.2% | -148.9% | 441.7% | 125.7% | 2.09% | -27.1% | 1.64% |
| Return on tangible assets | -7.23% | 46.2% | 0.98% | 9.05% | 7.93% | -2.14% | -6.42% | 10.4% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.93 | 2.03 | 2.17 | 4.88 | 6.63 | 6.66 | 6.33 | 3.03 |
| Quick ratio | 0.93 | 2.03 | 2.17 | 4.88 | 6.63 | 6.66 | 6.33 | 3.03 |
| Debt / equity | -0.3 | -1.04 | 0.11 | 19.6 | 66.4 | 41.2 | -7.22 | -0.08 |
| Debt / assets | 0.31 | 0.25 | 0.06 | 0.78 | 0.84 | 0.83 | 0.98 | 0.82 |
| Net debt / EBITDA | 0.38 | -0.83 | -207.9 | -0.09 | 0.32 | 1.32 | 12.9 | 3.23 |
| Interest coverage | -9.02 | 63 | -9.13 | 3.6 | 3.4 | 0.78 | -0.03 | 2.6 |
| Effective tax rate | 0% | 0% | 0% | 17% | 30.4% | 0% | 0% | 39.7% |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Revenue per share | 3.99 | 3.89 | 7.25 | 7.92 | 6.41 | 4.81 | 5 | 5.38 |
| EPS (basic) | -0.09 | 0.59 | 0.02 | 0.54 | 0.49 | -0.13 | -0.37 | -0.37 |
| EPS (diluted) | -0.09 | 0.53 | 0.02 | 0.51 | 0.46 | -0.13 | -0.37 | 0.33 |
| Book value per share | -1.14 | -0.47 | 2.3 | 0.25 | 0.08 | 0.14 | -0.86 | -0.41 |
| FCF per share | -0.12 | 0.75 | 1.28 | 1.03 | 0.92 | 0.37 | 0.04 | 0.18 |
| Cash per share | 0.33 | 1.06 | 2.49 | 4.99 | 5.16 | 5.13 | 4.55 | 2.11 |
| Capex per share | 0.02 | 0.01 | 0.06 | 0.02 | 0.01 | 0.01 | 0.07 | 0.08 |
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.59% | 0.32% | 0.82% | 0.3% | 0.14% | 0.19% | 1.42% | 1.4% |
| Capex / operating cash flow | -43.7% | 1.69% | 5.98% | 1.97% | 0.73% | 1.72% | 58.4% | 28.5% |
| Payout ratio | — | — | — | — | — | — | — | 0% |
| — |
| — |
| $741.1M |
| — |
| FY20 | — | $0.59 | — | — | $418.1M | — |
| FY19 | — | -$0.09 | — | — | $429.6M | — |
| Q1 24 |
|---|
| Q2 24 |
|---|
| Q3 24 |
|---|
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $155.6M | $135.9M | $122.2M | $123.7M | $117.1M | $111M | $110.1M | $112.2M | $115M | $111.7M | $107.5M | $118.1M |
| YoY change | -31.4% | -35.4% | -33.5% | -27.4% | -24.8% | -18.3% | -9.96% | -9.24% | -1.8% | +0.59% | -2.29% | +5.19% |
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 | 35.5M | 114.5M | 254.6M | 570.4M | 520.1M | 505.9M | 409.1M |
| Receivables | 25.6M | 21M | 41.7M | 44.4M | 27.2M | 23.5M | 25.7M |
| Inventory | — | — | — | — | — | — | — |
| Total current assets | 70.6M | 144.8M | 310.6M | 632.3M | 562.3M | 543.7M | 448.9M |
| Property, plant & equipment | 28.4M | 27.5M | 27.2M | 20.3M | 15M | 10.9M | 13.8M |
| Goodwill & intangibles | 29.9M | 25.8M | 30.8M | 35M | 40.7M | 64.7M | 55.9M |
| Total assets | 117.7M | 212.1M | 398.6M | 714.6M | 659.5M | 664.1M | 569.7M |
| Accounts payable | 8.5M | 13.5M | 24.9M | 21.2M | 11.8M | 10.5M | 9.1M |
| Short-term debt | 6.1M | 1.7M | 6.1M | 5.4M | 4.4M | 2.8M | 2.2M |
| Total current liabilities | 76.2M | 71.5M | 142.9M | 129.7M | 84.9M | 81.6M | 70.9M |
| Long-term debt | 30.8M | 50.5M | 19.2M | 554.6M | 551.3M | 549.9M | 555.5M |
| Total liabilities | 240M | 262.4M | 163.7M | 685.9M | 651.1M | 650.6M | 646.9M |
| Shareholders' equity | -122.3M | -50.3M | 235M | 28.6M | 8.4M | 13.4M | -77.2M |
| Total debt | 36.9M | 52.2M | 25.3M | 560M | 555.7M | 552.7M | 557.7M |
| Net debt | 1.4M | -62.4M | -229.3M | 332.6M | 272.7M | 334.3M | 369.7M |
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 | 497M | 520.1M | 513M | 523.3M | 497.6M | 505.9M | 468.2M | 421.2M | 411M | 409.1M | 393.5M | 173.8M |
| Receivables | 33M | 27.2M | 26.3M | 27.8M | 24.3M | 23.5M | 24.8M | 25.8M | 24.9M | 25.7M | 23.9M | 26.4M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 546.1M | 562.3M | 552.1M | 568.6M | 544.4M | 543.7M | 506.9M | 459.7M | 449.8M | 448.9M | 431.5M | 215.6M |
| Property, plant & equipment | 16.5M | 15M | 14.7M | 13.4M | 12.1M | 10.9M | 10.4M | 15.9M | 14.5M | 13.8M | 13.2M | 12.6M |
| Goodwill & intangibles | 39.8M | 40.7M | 40.2M | 42.4M | 66.5M | 64.7M | 63.2M | 61.1M | 57.9M | 55.9M | 53.8M | 51.9M |
| Total assets | 643.2M | 659.5M | 662.4M | 665.3M | 652M | 664.1M | 629.4M | 592.4M | 573.6M | 569.7M | 551.2M | 321.3M |
| Accounts payable | 8.6M | 11.8M | 9.8M | 7.5M | 9M | 10.5M | 8.8M | 8.1M | 11.4M | 9.1M | 8.4M | 15.7M |
| Short-term debt | 4.5M | 4.4M | 5M | 4.7M | 3.7M | 2.8M | 2.1M | 2.2M | 2.4M | 2.2M | 2.2M | 2.2M |
| Total current liabilities | 90.8M | 84.9M | 83.1M | 75.8M | 73.5M | 81.6M | 72.3M | 83.7M | 75.3M | 70.9M | 59.3M | 71M |
| Long-term debt | 552.3M | 551.3M | 551M | 550.2M | 550M | 549.9M | 550.2M | 556.2M | 555.8M | 555.5M | 555.1M | 262.8M |
| Total liabilities | 655.2M | 651.1M | 649.8M | 640.8M | 638.4M | 650.6M | 640.7M | 658.3M | 649.7M | 646.9M | 635M | 355.1M |
| Shareholders' equity | -11.9M | 8.4M | 12.7M | 24.4M | 13.6M | 13.4M | -11.3M | -65.9M | -76.1M | -77.2M | -83.8M | -33.8M |
| Total debt | 556.7M | 555.7M | 555.9M | 554.9M | 553.8M | 552.7M | 552.3M | 558.4M | 558.2M | 557.7M | 557.4M | 265M |
| Net debt | 313.4M | 272.7M | 273.4M | 283.2M | 328.2M | 334.3M | 331.2M | 354.9M | 346.4M | 369.7M | 306.4M | 135.3M |
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 | -6.3M | 86M | 3.6M | 61.5M | 49.1M | -12.9M | -33M |
| Depreciation & amortization | 8.9M | 9.9M | 9.5M | 10.7M | 11.6M | 12.3M | 12.5M |
| Stock-based compensation | 6.7M | 5.8M | 107.3M | 77M | 84.2M | 64.4M | 47.6M |
| Change in working capital | -20.7M | -4.3M | -9.3M | -19.8M | -6.9M | -2.4M | -7.9M |
| Operating cash flow | -5.8M | 80.4M | 101.7M | 136.4M | 125.4M | 53.5M | 11M |
| Capital expenditure | -2.5M | -1.4M | -6.1M | -2.7M | -918K | -922K | -6.4M |
| Investing cash flow | -2.5M | -1.4M | -6.1M | -343.3M | 116.5M | -53.4M | 66.2M |
| Dividends paid | — | — | — | — | — | — | — |
| Share repurchases | 0 | -19M | -2.8M | -339.3M | -147.6M | -40.3M | -102.1M |
| Financing cash flow | 0 | -20.5M | -9.3M | 172.8M | -164.9M | -53.9M | -111M |
| Net change in cash | -8.3M | 58.5M | 86.3M | -34M | 77M | -53.8M | -33.8M |
| Free cash flow | -12.5M | 80.6M | 130.8M | 118.3M | 92.5M | 36.2M | 3.5M |
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 | 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 | 24.1M | 5.6M | -6.5M | 7M | -2.6M | -10.8M | -12.8M | -9.5M | -9.8M | -835K | -4.7M | 43.4M |
| Depreciation & amortization | 2.6M | 3.2M | 3.1M | 2.8M | 3.1M | 3.2M | 3M | 3.4M | 3.2M | 2.9M | 2.9M | 3M |
| Stock-based compensation | 19.1M | 25.9M | 18.6M | 15.6M | 15M | 15.2M | 14.6M | 12.6M | 11.1M | 9.3M | 8.4M | 7.4M |
| Change in working capital | -8.2M | 4.2M | -1.1M | -5.1M | 3.8M | 24K | -2.9M | -2.3M | 3.1M | -5.7M | 2.1M | -143K |
| Operating cash flow | 30.5M | 38.8M | 2.5M | 34.7M | 21.1M | -4.7M | -999K | 10.5M | 2.6M | 7.7M | -3.5M | 15.4M |
| Capital expenditure | -357K | -109K | -126K | -157K | -190K | -449K | -295K | -1.4M | -1M | -1.4M | -2.1M | -1.9M |
| Investing cash flow | 7.1M | 19.6M | 8.6M | -18.7M | -17.7M | -13.5M | 41.7M | 29.7M | 18.8M | -21.7M | 76.9M | 96.9M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -28.3M | -8.4M | -6.4M | -8.6M | -22.6M | -2.7M | -27.5M | -56.6M | -10M | -8M | -9.5M | 0 |
| Financing cash flow | -32.6M | -12.3M | -11.2M | -11.9M | -25.7M | -5.2M | -29.7M | -58.5M | -12.7M | -10M | -10.6M | -1.3M |
| Net change in cash | 5M | 46M | -93K | 4.1M | -22.3M | -23.4M | 11M | -18.2M | 8.6M | -24M | 62.8M | 111M |
| Free cash flow | 26.6M | 32.1M | -963K | 19.3M | 7.2M | 10.6M | -12.8M | 8.9M | 1.2M | 6.2M | -5.7M | 13.3M |