| Market Cap | $2.42B | |
| Enterprise Value | $2.58B | |
| Revenue | $885.7M | +94.1% |
| Gross Profit | $865.8M | +95.2% |
| EBITDA | -$379.7M | — |
| Net Income | -$458.0M | — |
| Diluted EPS | $1.21 | — |
| Free Cash Flow | $310.4M | — |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | 91.28% | 95.47% | — | 92.37% | 91.30% | 95.40% | 97.63% | 98.65% | 97.28% | 97.82% | 83% | 96% | |
| Operating Margin | −336.35% | −81.74% | −184.45% | −227.95% | −456.20% | −203.66% | −981.12% | −113.08% | −54.81% | −31.29% | −0.56% | 38.98% | 96% | 98% | |
| EBITDA Margin | −335.05% | −81.36% | −182.61% | −225.15% | −452.48% | −202.17% | −976.92% | −112.58% | −54.28% | −30.79% | −0.29% | 39.14% | 96% | 97% | |
| NOPAT Margin | — | — | — | — | — | −160.89% | −775.08% | −89.33% | −43.30% | −24.72% | −0.45% | 38.46% | 93% | 99% | |
| Net Margin | −332.08% | −89.15% | −209.25% | −261.18% | −490.25% | −222.99% | −1026.35% | −117.11% | −91.24% | −68.36% | −19.72% | 30.16% | 96% | 94% | |
| FCF Margin | — | −37.79% | −222.80% | −164.66% | −449.96% | −184.14% | −761.41% | −91.97% | −60.26% | −29.36% | −11.79% | 39.42% | 95% | 97% | |
| FCFF Margin | — | — | — | — | — | — | — | — | — | — | — | 48.32% | — | 50% | 96% |
| FCFE Margin | — | — | — | — | — | — | — | −91.97% | −33.28% | −11.39% | −11.79% | 5.13% | 90% | 59% | |
| OCF Margin | — | −27.18% | −202.78% | −163.36% | −448.19% | −183.44% | −758.52% | −90.45% | −59.76% | −28.71% | −11.54% | 39.71% | 95% | 96% | |
| Gross Profitability | — | — | 26.77% | 13.49% | — | 25.74% | 4.86% | 25.49% | 48.08% | 63.24% | 89.40% | 166.44% | 94% | 99% | |
| Capex Intensity | 0.78% | 10.61% | 20.02% | 1.30% | 1.77% | 0.70% | 2.89% | 1.52% | 0.50% | 0.65% | 0.25% | 0.28% | 13% | 13% | |
| ▸Returns on Capital · 4 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 6 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 7 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 1 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
| Line | 2014↗ | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.6M | $48.3M | $26.4M | $25.2M | $20.7M | $48.8M | $17.8M | $157.2M | $270.8M | $331.4M | $450.7M | $874.8M |
| YoY % | +254.6% | -45.4% | -4.4% | -18.0% | +136.5% | -63.5% | +782.4% | +72.3% | +22.4% | +36.0% | +94.1% | |
| Cost of Revenue | — | — | $2.3M | $1.1M | — | $3.7M | $1.6M | $7.2M | $6.4M | $4.5M | $12.3M | $19.1M |
| YoY % | -50.3% | -58.4% | +366.4% | -11.4% | -30.1% | +173.8% | +55.5% | |||||
| R&D Expense | $51.8M | $72.8M | $61.0M | $67.0M | $84.9M | $107.1M | $123.0M | $208.8M | $253.3M | $216.6M | $174.6M | $166.1M |
| YoY % | +40.5% | -16.1% | +9.8% | +26.8% | +26.1% | +14.8% | +69.8% | +21.3% | -14.5% | -19.4% | -4.9% | |
| SG&A Expense | $7.5M | $13.0M | $11.3M | $13.9M | $29.5M | $37.1M | $67.9M | $118.8M | $159.4M | $214.1M | $266.3M | $348.6M |
| YoY % | +74.9% | -13.8% | +23.8% | +111.8% | +25.8% | +83.0% | +74.9% | +34.1% | +34.3% | +24.4% | +30.9% | |
| Total Operating Expenses | $59.4M | $87.7M | $75.0M | $82.6M | $114.9M | $148.3M | $192.6M | $334.9M | $419.3M | $435.1M | $453.3M | $533.8M |
| YoY % | +47.7% | -14.5% | +10.2% | +39.1% | +29.1% | +29.9% | +73.9% | +25.2% | +3.8% | +4.2% | +17.8% | |
| Operating Income | -$45.8M | -$39.4M | -$48.6M | -$57.4M | -$94.2M | -$99.5M | -$174.8M | -$177.7M | -$148.4M | -$103.7M | -$2.5M | $341.0M |
| Interest Expense | — | — | — | — | — | — | — | — | $99.1M | $108.2M | $98.5M | $78.9M |
| YoY % | +9.2% | -9.0% | -19.9% | |||||||||
| Other Non-Operating Income | — | — | — | — | — | — | — | — | -$95.9M | -$122.5M | -$84.4M | -$73.6M |
| Impairment of Real Estate | — | — | — | — | — | — | — | $0 | $0 | $1.5M | $0 | $0 |
| YoY % | -100.0% | |||||||||||
| Pretax Income | — | — | — | — | — | -$108.9M | -$182.8M | -$181.8M | -$244.4M | -$226.2M | -$87.0M | $267.4M |
| Income Tax | $17.3M | $0 | $0 | $0 | $0 | $0 | $0 | $2.3M | $2.7M | $310,000 | $1.9M | $3.5M |
| YoY % | -100.0% | +21.3% | -88.7% | +521.6% | +83.2% | |||||||
| Net Income | -$45.2M | -$43.0M | -$55.1M | -$65.8M | -$101.3M | -$108.9M | -$182.8M | -$184.1M | -$247.1M | -$226.5M | -$88.9M | $263.9M |
| EPS (Basic) | — | — | — | — | — | — | -$1.09 | -$1.03 | -$1.33 | -$1.18 | -$0.43 | $1.26 |
| EPS (Diluted) | — | — | — | — | — | — | -$1.09 | -$1.03 | -$1.33 | -$1.18 | -$0.43 | $1.21 |
| Weighted Avg Shares (Basic) | — | — | — | — | — | — | 167.3M | 179.1M | 185.9M | 192.2M | 206.7M | 209.9M |
| YoY % | +7.1% | +3.8% | +3.4% | +7.5% | +1.5% | |||||||
| Weighted Avg Shares (Diluted) | 66.8M | 72.9M | 73.7M | 84.5M | 103.2M | 115.6M | 167.3M | 179.1M | 185.9M | 192.2M | 206.7M | 218.6M |
| YoY % | +9.2% | +1.1% | +14.6% | +22.2% | +12.0% | +44.7% | +7.1% | +3.8% | +3.4% | +7.5% | +5.7% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
