| Market Cap | $88.56B | |
| Enterprise Value | — | |
| Revenue | $2.33B | +29.8% |
| Gross Profit | $1.71B | +25.1% |
| EBITDA | -$10.6M | — |
| Net Income | -$86.7M | — |
| Diluted EPS | -$0.29 | — |
| Free Cash Flow | $320.7M | +47.1% |
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 9y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||
| Gross Margin | 78.66% | 77.40% | 77.90% | 76.56% | 77.59% | 76.15% | 76.32% | 77.32% | 74.51% | 6% | 81% | |
| Operating Margin | −7.21% | −44.06% | −37.61% | −24.77% | −19.45% | −20.63% | −14.30% | −9.27% | −9.56% | 72% | 37% | |
| EBITDA Margin | 1.81% | −34.25% | −27.34% | −13.31% | −9.30% | −10.14% | −3.83% | −1.62% | −0.81% | 83% | 41% | |
| NOPAT Margin | −5.70% | −34.81% | −29.71% | −19.57% | −15.37% | −16.30% | −11.30% | −7.32% | −7.55% | 72% | 32% | |
| Net Margin | −7.97% | −45.24% | −36.87% | −27.69% | −39.66% | −19.83% | −14.19% | −4.72% | −4.72% | 94% | 41% | |
| FCF Margin | −11.76% | −35.68% | −28.64% | −17.05% | −4.32% | −2.05% | 10.80% | 11.70% | 13.26% | 94% | 64% | |
| OCF Margin | 2.35% | −22.46% | −13.56% | −3.97% | 9.85% | 12.67% | 19.62% | 22.79% | 27.82% | 94% | 84% | |
| Gross Profitability | — | 49.98% | 26.91% | 23.90% | 21.47% | 28.70% | 35.86% | 39.11% | 26.76% | 31% | 50% | |
| Capex Intensity | 14.11% | 13.22% | 15.08% | 13.08% | 14.17% | 14.73% | 8.82% | 11.08% | 14.56% | 72% | 90% | |
| ▸Returns on Capital · 6 ratios | ||||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | ||||||||||||
| ▸Earnings quality · 3 ratios | ||||||||||||
| ▸Liquidity & coverage · 7 ratios | ||||||||||||
| ▸Leverage · 8 ratios | ||||||||||||
| ▸Working capital · 5 ratios | ||||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||||
| ▸Per share · 3 ratios | ||||||||||||
| ▸Other · 1 ratios | ||||||||||||
| Line | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $134.9M | $192.7M | $287.0M | $431.1M | $656.4M | $975.2M | $1.30B | $1.67B | $2.17B |
| YoY % | +42.8% | +49.0% | +50.2% | +52.3% | +48.6% | +33.0% | +28.8% | +29.8% | |
| Cost of Revenue | $28.8M | $43.5M | $63.4M | $101.1M | $147.1M | $232.6M | $307.0M | $378.7M | $552.5M |
| YoY % | +51.2% | +45.7% | +59.3% | +45.6% | +58.1% | +32.0% | +23.4% | +45.9% | |
| Gross Profit | $106.1M | $149.1M | $223.6M | $330.0M | $509.3M | $742.6M | $989.7M | $1.29B | $1.62B |
| YoY % | +40.5% | +49.9% | +47.6% | +54.3% | +45.8% | +33.3% | +30.4% | +25.1% | |
| R&D Expense | $33.6M | $54.5M | $90.7M | $127.1M | $189.4M | $298.3M | $358.1M | $421.4M | $512.5M |
| YoY % | +61.9% | +66.5% | +40.2% | +49.0% | +57.5% | +20.1% | +17.7% | +21.6% | |
| Selling & Marketing Expense | $61.9M | $94.4M | $159.3M | $217.9M | $328.1M | $465.8M | $599.1M | $745.8M | $920.8M |
| YoY % | +52.5% | +68.8% | +36.8% | +50.6% | +42.0% | +28.6% | +24.5% | +23.5% | |
| SG&A Expense | $20.3M | $85.2M | $81.6M | $91.8M | $119.5M | $179.8M | $218.0M | $278.5M | $389.3M |
| YoY % | +319.4% | -4.2% | +12.5% | +30.2% | +50.4% | +21.2% | +27.8% | +39.8% | |
| Total Operating Expenses | $115.9M | $234.0M | $331.5M | $436.8M | $637.0M | $943.8M | $1.18B | $1.45B | $1.82B |
| YoY % | +102.0% | +41.7% | +31.7% | +45.8% | +48.2% | +24.5% | +23.0% | +26.1% | |
| Operating Income | -$9.7M | -$84.9M | -$107.9M | -$106.8M | -$127.7M | -$201.2M | -$185.5M | -$154.8M | -$207.2M |
| Interest Expense | — | — | — | — | — | $5.0M | $5.9M | $5.2M | $8.8M |
| YoY % | +17.8% | -11.5% | +68.7% | ||||||
| Other Non-Operating Income | $115,000 | -$2.1M | -$1.4M | $171,000 | -$794,000 | $577,000 | -$4.4M | $1.7M | -$8.0M |
| Pretax Income | -$9.7M | -$86.1M | -$104.7M | -$125.0M | -$248.0M | -$190.7M | -$177.9M | -$70.9M | -$92.7M |
| Income Tax | $1.0M | $1.1M | $1.1M | -$5.6M | $12.3M | $2.6M | $6.1M | $7.9M | $9.6M |
| YoY % | +4.3% | +3.5% | -78.5% | +129.9% | +30.3% | +20.6% | |||
| Net Income | -$10.7M | -$87.2M | -$105.8M | -$119.4M | -$260.3M | -$193.4M | -$183.9M | -$78.8M | -$102.3M |
| EPS (Basic) | — | — | -$0.72 | -$0.40 | -$0.83 | -$0.59 | -$0.55 | -$0.23 | -$0.29 |
| EPS (Diluted) | — | — | -$0.72 | -$0.40 | -$0.83 | -$0.59 | -$0.55 | -$0.23 | -$0.29 |
| Weighted Avg Shares (Basic) | — | — | 146.3M | 299.8M | 312.3M | 326.3M | 333.7M | 341.4M | 348.4M |
| YoY % | +104.9% | +4.2% | +4.5% | +2.2% | +2.3% | +2.1% | |||
| Weighted Avg Shares (Diluted) | — | — | 146.3M | 299.8M | 312.3M | 326.3M | 333.7M | 341.4M | 348.4M |
| YoY % | +104.9% | +4.2% | +4.5% | +2.2% | +2.3% | +2.1% |
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.
