| Market Cap | $35.23B | |
| Enterprise Value | $33.04B | |
| Revenue | $5.30B | +35.8% |
| Gross Profit | $4.16B | +36.3% |
| EBITDA | -$1.04B | — |
| Net Income | -$1.10B | — |
| Diluted EPS | -$1.54 | — |
| Free Cash Flow | $1.52B | +110.9% |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||
| Gross Margin | — | — | 74.11% | 75.39% | 76.81% | 77.76% | 78.07% | 90% | 86% | |
| Operating Margin | −15.04% | −28.81% | −25.80% | −41.52% | −44.98% | −29.52% | −25.20% | 79% | 26% | |
| EBITDA Margin | −9.59% | −24.06% | −21.86% | −35.67% | −37.54% | −23.23% | −20.58% | 79% | 24% | |
| NOPAT Margin | −11.88% | −22.76% | −20.38% | −32.80% | −35.53% | −23.32% | −19.91% | 79% | 22% | |
| Net Margin | −13.96% | −27.41% | −25.62% | −41.54% | −41.15% | −25.97% | −21.78% | 79% | 27% | |
| FCF Margin | 3.13% | 45.48% | 29.48% | −2.56% | 4.91% | 17.84% | 27.71% | 64% | 89% | |
| FCFE Margin | 3.13% | 45.48% | 81.07% | −2.56% | — | — | — | — | — | |
| OCF Margin | 19.51% | 56.75% | 34.34% | 16.60% | 16.37% | 22.83% | 36.73% | 79% | 94% | |
| Gross Profitability | — | — | 31.19% | 31.20% | 34.86% | 39.04% | 39.95% | 90% | 71% | |
| Capex Intensity | 16.38% | 11.27% | 4.86% | 19.15% | 11.46% | 4.99% | 9.02% | 36% | 85% | |
| ▸Returns on Capital · 4 ratios | ||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | ||||||||||
| ▸Earnings quality · 1 ratios | ||||||||||
| ▸Liquidity & coverage · 8 ratios | ||||||||||
| ▸Leverage · 7 ratios | ||||||||||
| ▸Working capital · 5 ratios | ||||||||||
| ▸Capital allocation · 1 ratios | ||||||||||
| ▸Per share · 6 ratios | ||||||||||
| ▸Other · 1 ratios | ||||||||||
| Line | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|
| Revenue | $508.4M | $923.9M | $1.92B | $2.23B | $2.80B | $3.60B | $4.89B |
| YoY % | +81.7% | +107.7% | +15.9% | +25.8% | +28.7% | +35.8% | |
| Cost of Revenue | — | — | $496.9M | $547.7M | $649.1M | $801.2M | $1.07B |
| YoY % | +10.2% | +18.5% | +23.4% | +33.8% | |||
| R&D Expense | $107.1M | $201.4M | $533.2M | $873.5M | $1.25B | $1.44B | $1.57B |
| YoY % | +88.1% | +164.7% | +63.8% | +43.5% | +15.2% | +8.6% | |
| Selling & Marketing Expense | $44.7M | $58.4M | $86.4M | $117.4M | $146.5M | $174.2M | $246.2M |
| YoY % | +30.5% | +47.9% | +36.0% | +24.7% | +18.9% | +41.3% | |
| SG&A Expense | $41.9M | $97.3M | $303.0M | $297.3M | $390.1M | $407.5M | $580.1M |
| YoY % | +132.1% | +211.3% | -1.9% | +31.2% | +4.5% | +42.4% | |
| Total Operating Expenses | $584.8M | $1.19B | $2.41B | $3.15B | $4.06B | $4.67B | $6.12B |
| YoY % | +103.5% | +102.9% | +30.4% | +28.9% | +15.0% | +31.2% | |
| Operating Income | -$76.4M | -$266.1M | -$495.1M | -$923.8M | -$1.26B | -$1.06B | -$1.23B |
| Interest Expense | — | — | — | $39.9M | $40.7M | $41.2M | $41.5M |
| YoY % | +2.0% | +1.2% | +0.7% | ||||
| Interest & Investment Income | — | — | — | — | $141.8M | $179.5M | $201.6M |
| YoY % | +26.6% | +12.3% | |||||
| Impairment of Real Estate | — | $0 | $0 | $0 | $2.2M | $2.2M | — |
| YoY % | 0.0% | ||||||
| Pretax Income | -$71.1M | -$264.3M | -$503.8M | -$930.6M | -$1.16B | -$936.5M | -$1.07B |
| Income Tax | $9,000 | -$6.7M | -$320,000 | $3.6M | $454,000 | $4.1M | $3.6M |
| YoY % | -87.2% | +806.2% | -12.7% | ||||
| Net Income (incl. NCI) | -$71.1M | -$257.7M | -$503.5M | -$934.1M | -$1.16B | -$940.6M | -$1.07B |
| Minority Interest (P&L) | -$146,000 | -$4.4M | -$11.8M | -$9.8M | -$7.0M | -$5.2M | -$6.6M |
| Net Income | -$71.0M | -$253.3M | -$491.7M | -$924.4M | -$1.15B | -$935.4M | -$1.07B |
| EPS (Basic) | -$0.44 | -$1.39 | -$0.97 | -$1.55 | -$1.87 | -$1.44 | -$1.54 |
| EPS (Diluted) | -$0.44 | -$1.39 | -$0.97 | -$1.55 | -$1.87 | -$1.44 | -$1.54 |
| Weighted Avg Shares (Basic) | 163.1M | 182.1M | 505.9M | 595.6M | 616.4M | 647.5M | 689.6M |
| YoY % | +11.7% | +177.8% | +17.7% | +3.5% | +5.0% | +6.5% | |
| Weighted Avg Shares (Diluted) | 163.1M | 182.1M | 505.9M | 595.6M | 616.4M | 647.5M | 689.6M |
| YoY % | +11.7% | +177.8% | +17.7% | +3.5% | +5.0% | +6.5% |
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.
