| Market Cap | $7.04B | |
| Enterprise Value | $6.46B | |
| Revenue | $1.03B | +64.0% |
| Gross Profit | $631.8M | +53.8% |
| EBITDA | -$127.1M | — |
| Net Income | -$296.8M | — |
| Diluted EPS | -$0.81 | — |
| Free Cash Flow | -$128.8M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 100.00% | 100.00% | 44.14% | 49.43% | 65.50% | 61.41% | 42% | 84% | |
| Operating Margin | — | — | — | −185.21% | −49.34% | −13.27% | 83% | 22% | |
| EBITDA Margin | −397.12% | −578.50% | −363.02% | −181.45% | −47.63% | −12.35% | 92% | 21% | |
| NOPAT Margin | −320.29% | −466.36% | −293.66% | −146.31% | −38.98% | −10.48% | 92% | 20% | |
| Net Margin | −355.16% | −586.38% | −381.48% | −181.75% | −28.22% | −28.85% | 75% | 20% | |
| FCF Margin | −332.35% | −349.67% | −189.91% | −144.98% | −25.20% | −12.52% | 92% | 19% | |
| OCF Margin | −297.34% | −288.36% | −172.03% | −137.93% | −22.96% | −9.74% | 92% | 18% | |
| Gross Profitability | 10.39% | 6.15% | 3.88% | 7.62% | 24.60% | 36.44% | 92% | 77% | |
| Capex Intensity | 35.01% | 61.31% | 17.89% | 7.05% | 2.25% | 2.78% | 25% | 38% | |
| ▸Returns on Capital · 6 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 2 ratios | |||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||
| ▸Leverage · 8 ratios | |||||||||
| ▸Working capital · 5 ratios | |||||||||
| ▸Per share · 3 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $75.0M | $68.8M | $117.0M | $285.1M | $627.3M | $1.03B |
| YoY % | -8.2% | +70.0% | +143.7% | +120.0% | +64.0% | |
| Cost of Revenue | $0 | $0 | $65.4M | $144.2M | $216.4M | $397.1M |
| YoY % | +120.6% | +50.1% | +83.5% | |||
| R&D Expense | $232.2M | $313.3M | $335.6M | $382.2M | $413.5M | $414.7M |
| YoY % | +35.0% | +7.1% | +13.9% | +8.2% | +0.3% | |
| SG&A Expense | $23.1M | $47.0M | $80.6M | $106.8M | $136.8M | $135.8M |
| YoY % | +103.0% | +71.7% | +32.5% | +28.1% | -0.7% | |
| Operating Income | — | — | — | -$528.1M | -$309.5M | -$136.5M |
| Interest Expense | $4.2M | $900,000 | $10.8M | $21.8M | $21.6M | $21.4M |
| YoY % | -78.6% | +1099.6% | +101.9% | -0.9% | -0.9% | |
| Interest & Investment Income | $2.9M | $971,000 | $8.2M | $54.5M | $61.2M | $40.1M |
| YoY % | -66.9% | +742.6% | +566.1% | +12.3% | -34.5% | |
| Pretax Income | -$308.3M | -$407.2M | -$445.7M | -$520.2M | -$158.1M | -$282.6M |
| Income Tax | -$41.9M | -$3.6M | $625,000 | -$1.9M | $18.9M | $14.2M |
| YoY % | -24.9% | |||||
| Net Income (incl. NCI) | -$266.4M | -$403.6M | -$446.3M | -$518.3M | -$177.0M | -$296.8M |
| Net Income | -$266.4M | -$403.6M | -$446.3M | -$518.3M | -$177.0M | — |
| Net Income to Common | — | — | -$446.3M | -$518.3M | -$177.0M | — |
| EPS (Basic) | -$1.13 | -$1.43 | -$1.40 | -$1.47 | -$0.48 | -$0.81 |
| EPS (Diluted) | -$1.13 | -$1.43 | -$1.40 | -$1.47 | -$0.48 | -$0.81 |
| Weighted Avg Shares (Basic) | 236.3M | 281.7M | 318.1M | 352.2M | 365.7M | 368.6M |
| YoY % | +19.2% | +12.9% | +10.7% | +3.8% | +0.8% | |
| Weighted Avg Shares (Diluted) | — | — | 318.1M | 352.2M | 365.7M | 368.6M |
| YoY % | +10.7% | +3.8% | +0.8% |
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.
