| Market Cap | $14.04B | |
| Enterprise Value | — | |
| Revenue | $1.42B | +48.5% |
| Gross Profit | $1.15B | +69.8% |
| EBITDA | -$263.8M | — |
| Net Income | -$288.6M | — |
| Diluted EPS | -$1.78 | — |
| Free Cash Flow | $293.9M | +708.1% |
| Ratio | 2023 | 2024 | 2025 | 2026 | Trend · 4y | vs own | vs sector |
|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||
| Gross Margin | 69.66% | 76.91% | 70.02% | 80.10% | 88% | 89% | |
| Operating Margin | −43.60% | −48.82% | −127.92% | −26.24% | 88% | 25% | |
| EBITDA Margin | −39.88% | −44.94% | −124.66% | −23.42% | 88% | 22% | |
| NOPAT Margin | −34.45% | −38.56% | −101.05% | −20.73% | 88% | 20% | |
| Net Margin | −46.30% | −56.40% | −130.26% | −26.50% | 88% | 24% | |
| FCF Margin | −0.96% | −2.68% | 3.54% | 19.24% | 88% | 74% | |
| FCFE Margin | — | −2.68% | 3.54% | −5.80% | 17% | 18% | |
| OCF Margin | 3.22% | −0.72% | 5.44% | 21.49% | 88% | 74% | |
| Gross Profitability | — | 55.28% | 43.63% | 38.11% | 17% | 69% | |
| Capex Intensity | 4.17% | 1.96% | 1.90% | 2.25% | 63% | 54% | |
| ▸Returns on Capital · 3 ratios | |||||||
| ▸DuPont factors (ROE drivers) · 1 ratios | |||||||
| ▸Earnings quality · 1 ratios | |||||||
| ▸Liquidity & coverage · 9 ratios | |||||||
| ▸Leverage · 2 ratios | |||||||
| ▸Working capital · 8 ratios | |||||||
| ▸Capital allocation · 2 ratios | |||||||
| ▸Per share · 3 ratios | |||||||
| ▸Other · 1 ratios | |||||||
| Line | 2023↗ | 2024↗ | 2025↗ | 2026↗ |
|---|---|---|---|---|
| Revenue | $599.8M | $627.9M | $886.5M | $1.32B |
| YoY % | +4.7% | +41.2% | +48.5% | |
| Cost of Revenue | $182.0M | $145.0M | $265.7M | $261.9M |
| YoY % | -20.4% | +83.3% | -1.5% | |
| Gross Profit | $417.8M | $482.9M | $620.8M | $1.05B |
| YoY % | +15.6% | +28.5% | +69.8% | |
| R&D Expense | $175.1M | $206.5M | $531.6M | $373.7M |
| YoY % | +18.0% | +157.4% | -29.7% | |
| Selling & Marketing Expense | $417.5M | $482.5M | $867.5M | $769.0M |
| YoY % | +15.6% | +79.8% | -11.4% | |
| SG&A Expense | $86.8M | $100.4M | $355.7M | $257.0M |
| YoY % | +15.7% | +254.4% | -27.7% | |
| Total Operating Expenses | $679.4M | $789.4M | $1.75B | $1.40B |
| YoY % | +16.2% | +122.3% | -20.2% | |
| Operating Income | -$261.5M | -$306.5M | -$1.13B | -$345.4M |
| Interest Expense | — | $30.3M | $41.3M | $17.2M |
| YoY % | +36.2% | -58.2% | ||
| Interest & Investment Income | $5.1M | $11.2M | $25.4M | $52.2M |
| YoY % | +118.2% | +126.0% | +105.7% | |
| Other Non-Operating Income | -$1.0M | -$1.9M | $1.5M | -$9.3M |
| Pretax Income | -$269.1M | -$327.5M | -$1.15B | -$326.5M |
| Income Tax | $8.6M | $26.7M | $6.4M | $22.4M |
| YoY % | +210.5% | -76.1% | +251.1% | |
| Net Income | -$277.7M | -$354.2M | -$1.15B | -$348.8M |
| EPS (Basic) | -$4.66 | -$5.84 | -$7.48 | -$1.78 |
| EPS (Diluted) | -$4.66 | -$5.84 | -$7.48 | -$1.78 |
| Weighted Avg Shares (Basic) | 59.6M | 60.6M | 154.3M | 196.5M |
| YoY % | +1.7% | +154.5% | +27.3% | |
| Weighted Avg Shares (Diluted) | 59.6M | 60.6M | 154.3M | 196.5M |
| YoY % | +1.7% | +154.5% | +27.3% |
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.
