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 % |
|---|---|---|---|---|---|---|
| Q4 25 | $0.33 | $0.42 | +27.3% | — | $378.5M | — |
| Q3 25 | $0.24 | $0.22 | -8.3% | — | $275M | — |
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 | — | $0.33 | — | — | $1.1B | — |
| FY24 | — | $0.28 | — | — | $343.9M | — |
| FY23 | — | -$0.09 | — | — | $233.6M | — |
| FY22 | — | $0.17 | — | — | $193.2M | — |
| FY21 | — | -$0.11 | — | — | $4.1M | — |
| FY20 | — | -$0.13 | — | — | $0 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $4.1M | $193.2M | $233.6M | $343.9M | $1.1B |
| YoY change | — | +InfinityT% | +4.6K% | +20.9% | +47.2% | +207.6% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 4.1M | 193.2M | 233.6M | 343.9M | 1.1B |
| Cost of revenue | 0 | 1.4M | 65.4M | 92.1M | 126.3M | 495.6M |
| Gross profit | 0 | 2.7M | 127.9M | 141.5M | 217.6M | 562.3M |
| Gross margin | — | 66.3% | 66.2% | 60.6% | 63.3% | 53.2% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 6.9M | 9.5M | 13.4M | 16.6M | 21.7M | 55.6M |
| Operating expenses | 23.2M | 24.9M | 32.8M | 51.8M | 56.8M | 102M |
| Operating income | -23.3M | -22.3M | 94.8M | 89.2M | 160.4M | 459.8M |
| Operating margin | — | -540.4% | 49% | 38.2% | 46.6% | 43.5% |
| Non-operating income, net | -538K | -2.9M | -10.2M | -75.7M | 11.4M | -154.6M |
| Pretax income | -27.7M | -26.3M | 78.4M | 7.6M | 176.3M | 261M |
| Income tax | — | 0 | 32.6M | 34.6M | 87.3M | 154.2M |
| Net income | -27.7M | -26.3M | 45.8M | -27M | 89M | 106.9M |
| Net margin | — | -637.2% | 23.7% | -11.6% | 25.9% | 10.1% |
| EBITDA | -22.9M | -21M | 112.2M | 123.8M | 212.4M | 614M |
| EPS | -0.13 | -0.11 | 0.17 | -0.09 | 0.28 | 0.33 |
| Diluted EPS | -0.13 | -0.11 | 0.16 | -0.09 | 0.27 | 0.3 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Revenue | 92.8M | 140.7M | 263.7M | 275M | 378.5M | 378.9M |
| Cost of revenue | 32.9M | 68.4M | 132.7M | 143.7M | 150.7M | 155.6M |
| Gross profit | 59.8M | 72.3M | 131M | 131.3M | 227.7M | 223.3M |
| Gross margin | 64.5% | 51.4% | 49.7% | 47.7% | 60.2% | 58.9% |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 7M | 19.1M | 9.5M | 9.7M | 17.3M | 15.9M |
| Operating expenses | 16.7M | 31.9M | 19.8M | 23.2M | 30.6M | 30.4M |
| Operating income | 43.1M | 40.2M | 111.1M | 107.9M | 197M | 192.8M |
| Operating margin | 46.5% | 28.6% | 42.1% | 39.3% | 52.1% | 50.9% |
| Non-operating income, net | 6.1M | -83.2M | -7.3M | -17.2M | -47M | -47.7M |
| Pretax income | 50.2M | -44M | 89.6M | 77.3M | 138.2M | 143.6M |
| Income tax | 24.1M | 25.8M | 41.3M | 28.1M | 58.9M | 68.2M |
| Net income | 26.1M | -69.8M | 48.2M | 49.3M | 79.2M | 75.4M |
| Net margin | 28.1% | -49.6% | 18.3% | 17.9% | 20.9% | 19.9% |
| EBITDA | 55.7M | 59M | 153.8M | 153.3M | 244.4M | 243.3M |
| EPS | — | -0.22 | 0.15 | 0.15 | — | 0.22 |
| Diluted EPS | — | -0.22 | 0.13 | 0.14 | — | 0.2 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | 1.2B | — | — | — | 1.8B | 4.4B | 3.5B |
| Enterprise value | 1.2B | — | — | — | 1.6B | 4.4B | 3.2B |
| Shares outstanding | 217.1M | 241.4M | 272.2M | 311.5M | 318.7M | 328.9M | 328.9M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | 19.8 | 41.4 | 13.1 |
| P/S | — | — | — | — | 5.13 | 4.19 | 2.73 |
| P/B | 7.29 | — | — | — | 3.48 | 6.75 | 4.32 |
| EV/EBITDA | -51.1 | — | — | — | 7.57 | 7.13 | 3.92 |
| EV/Sales | — | — | — | — | 4.67 | 4.14 | 2.44 |
| Earnings yield | — | — | — | — | 5.04% | 2.41% | 7.63% |
| FCF yield | -4.22% | — | — | — | 8.22% | 15.5% | 15.5% |
| PEG | — | — | — | — | — | — | -0.07 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | 66.3% | 66.2% | 60.6% | 63.3% | 53.2% | 58.9% |
| Operating margin | — | -540.4% | 49% | 38.2% | 46.6% | 43.5% | 52.8% |
| Net margin | — | -637.2% | 23.7% | -11.6% | 25.9% | 10.1% | 19.5% |
| ROE | -17.2% | -14.2% | 11.5% | -6.74% | 17.5% | 16.3% | 42% |
| ROA | -11.6% | -7.2% | 7.46% | -5.04% | 14.9% | 5.14% | 20% |
| ROIC | — | -6.82% | 12.3% | 0% | 23.2% | 31.3% | 52.6% |
| Return on tangible assets | -11.6% | -7.2% | 7.46% | -5.04% | 14.9% | 5.14% | 12% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | 9.46 | 1.28 | 1.36 | 5.07 | 3.97 | 1.08 | 1.05 |
| Quick ratio | 9.46 | 1.02 | 1.13 | 4.04 | 3.4 | 0.92 | 0.88 |
| Debt / equity | 0.44 | 0.88 | 0.38 | 0.23 | 0 | 0.56 | 0.42 |
| Debt / assets | 0.29 | 0.45 | 0.24 | 0.17 | 0 | 0.18 | 0.15 |
| Net debt / EBITDA | 0.08 | -6.78 | 0.47 | -0.04 | -0.75 | -0.09 | -0.13 |
| Interest coverage | -5.65 | -17.6 | 10.4 | 1.67 | 28.6 | 5.98 | 9.76 |
| Effective tax rate | — | 0% | 41.6% | 100% | 49.5% | 59.1% | 43.8% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0 | 0.02 | 0.71 | 0.75 | 1.08 | 3.22 | 3.88 |
| EPS (basic) | -0.13 | -0.11 | 0.17 | -0.09 | 0.28 | 0.33 | 0.33 |
| EPS (diluted) | -0.13 | -0.11 | 0.16 | -0.09 | 0.27 | 0.3 | 0.72 |
| Book value per share | 0.74 | 0.76 | 1.46 | 1.29 | 1.59 | 1.99 | 2.19 |
| FCF per share | -0.23 | -0.5 | 0.28 | 0.14 | 0.46 | 2.09 | 0.9 |
| Cash per share | 0.33 | 0.08 | 0.35 | 0.31 | 0.5 | 1.28 | 1.24 |
| Capex per share | 0.14 | 0.4 | 0.07 | 0.03 | 0.05 | 0.25 | 0.25 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 2.3K% | 9.3% | 3.49% | 4.68% | 7.79% | 7.79% |
| Capex / operating cash flow | -136.5% | -314.6% | 20.6% | 16.8% | 7.14% | 10.3% | 10.3% |
| Payout ratio | 0% | 0% | 0% | 0% | 0% | 0% | 2.08% |
| Dividend yield | 0% | — | — | — | 0% | 0% | 0.64% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| May 26, 2026 | $0.015 |
| $92.8M |
| $140.7M |
| $263.7M |
| $275M |
| $378.5M |
| $378.9M |
| YoY change | — | — | — | — | +308% | +169.3% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 72.2M | 20.5M | 96.3M | 96.6M | 160.8M | 420.8M |
| Receivables | 41K | 306K | 365K | 379K | 229K | 9.9M |
| Inventory | 0 | 9.7M | 22.4M | 29.5M | 29.2M | 85.7M |
| Total current assets | 73.1M | 48.3M | 132.9M | 145.2M | 204.6M | 571.1M |
| Property, plant & equipment | 710K | 7.6M | 36.7M | 12.6M | -23.4M | 25.7M |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 239.2M | 364.9M | 613.8M | 535.8M | 598.3M | 2.1B |
| Accounts payable | 2.6M | 6M | 6.7M | 9.8M | 11.3M | 54.4M |
| Short-term debt | 131K | 25.7M | 45.8M | 915K | 833K | 24.2M |
| Total current liabilities | 7.7M | 37.8M | 97.8M | 28.7M | 51.6M | 529.8M |
| Long-term debt | 70.3M | 137.1M | 103.1M | 90.3M | 1.3M | 342.1M |
| Total liabilities | 78.6M | 180.5M | 216.8M | 135.2M | 90.9M | 1.4B |
| Shareholders' equity | 160.6M | 184.4M | 397M | 400.5M | 507.4M | 656.2M |
| Total debt | 70.4M | 162.8M | 149M | 91.3M | 2.2M | 366.3M |
| Net debt | -1.8M | 142.2M | 52.7M | -5.4M | -158.7M | -54.5M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 160.8M | 184.2M | 215.4M | 326.9M | 420.8M | 427.3M |
| Receivables | 229K | 4.6M | 12.9M | 7.2M | 9.9M | 6.4M |
| Inventory | 29.2M | 64.5M | 70.2M | 81.8M | 85.7M | 96.9M |
| Total current assets | 204.6M | 270.7M | 323.9M | 471.5M | 571.1M | 593.5M |
| Property, plant & equipment | -23.4M | 110.8M | 96.6M | 62.6M | 25.7M | 2M |
| Goodwill & intangibles | — | — | — | — | — | — |
| Total assets | 598.3M | 1.8B | 1.9B | 2B | 2.1B | 2.1B |
| Accounts payable | 11.3M | 56.1M | 58.1M | 57.7M | 54.4M | 72.4M |
| Short-term debt | 833K | 10.9M | 18.4M | 24M | 24.2M | 26.1M |
| Total current liabilities | 51.6M | 334.2M | 382.7M | 442.3M | 529.8M | 562.3M |
| Long-term debt | 1.3M | 407.5M | 378.9M | 376.5M | 342.1M | 295.2M |
| Total liabilities | 90.9M | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B |
| Shareholders' equity | 507.4M | 445.1M | 497.8M | 573.5M | 656.2M | 756.4M |
| Total debt | 2.2M | 418.5M | 397.3M | 400.6M | 366.3M | 321.3M |
| Net debt | -158.7M | 234.2M | 181.8M | 73.6M | -54.5M | -106.1M |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | -27.7M | -26.3M | 45.8M | -27M | 89M | 106.9M |
| Depreciation & amortization | 106K | 154K | 15.2M | 29.2M | 41.1M | 146.2M |
| Stock-based compensation | 2.5M | 2.3M | 2.4M | 3.2M | 4.8M | 9.5M |
| Change in working capital | -702K | -8.1M | -15.8M | -3.6M | 206K | -16.5M |
| Operating cash flow | -22.9M | -30.6M | 87.1M | 48.6M | 225.6M | 803.3M |
| Capital expenditure | -31.3M | -96.2M | -18M | -8.1M | -16.1M | -82.4M |
| Investing cash flow | -36.9M | -113.3M | -13.4M | -29M | -8.6M | -885.4M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | -261K | — | — | — |
| Financing cash flow | 98.8M | 82.5M | -146M | 94.3M | -89.7M | 381.3M |
| Net change in cash | 39M | -61.4M | -72.2M | 113.8M | 127.2M | 299.2M |
| Free cash flow | -49.4M | -121M | 77.3M | 44.4M | 145.2M | 685.8M |
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 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 |
|---|---|---|---|---|---|---|
| Net income | 26.1M | -69.8M | 48.2M | 49.3M | 79.2M | 75.4M |
| Depreciation & amortization | 10.7M | 16.9M | 40.9M | 43.6M | 44.8M | 47.9M |
| Stock-based compensation | 1.8M | 3.3M | 1.6M | 1.1M | 3.5M | 4.4M |
| Change in working capital | -1.2M | 2.7M | -10.9M | -3.2M | -668K | -15.2M |
| Operating cash flow | 62.8M | 326M | 94.8M | 123.3M | 178M | 112.4M |
| Capital expenditure | 8.1M | -809.2M | -22.9M | — | — | -30.1M |
| Investing cash flow | 7.9M | -808.6M | -28.5M | 363K | -4.3M | -40.7M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | — | — |
| Financing cash flow | -59M | 448.6M | -30.4M | -901K | -36M | -47.2M |
| Net change in cash | 11.7M | -34M | 36M | 122.8M | 137.8M | 24.5M |
| Free cash flow | 39.6M | -404.7M | 69.3M | 92.8M | 134.3M | 62.9M |