| Market Cap | $98.05B | |
| Enterprise Value | — | |
| Revenue | $5.03B | +29.2% |
| Gross Profit | $3.38B | +30.5% |
| EBITDA | -$1.07B | — |
| Net Income | -$1.20B | — |
| Diluted EPS | -$3.95 | — |
| Free Cash Flow | $1.17B | +22.6% |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend · 8y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||
| Gross Margin | 46.46% | 55.97% | 59.03% | 62.40% | 65.26% | 67.98% | 66.50% | 67.17% | 81% | 71% | |
| Operating Margin | −191.86% | −135.26% | −91.87% | −58.64% | −40.77% | −39.01% | −40.15% | −30.64% | 94% | 24% | |
| EBITDA Margin | −190.45% | −133.93% | −90.21% | −56.88% | −37.70% | −34.74% | −35.12% | −25.93% | 94% | 22% | |
| NOPAT Margin | −151.57% | −106.85% | −72.58% | −46.33% | −32.21% | −30.82% | −31.72% | −24.21% | 94% | 19% | |
| Net Margin | −184.17% | −131.65% | −91.06% | −55.76% | −38.57% | −29.79% | −35.45% | −28.43% | 94% | 24% | |
| FCF Margin | −151.08% | −73.71% | −13.59% | 7.71% | 25.20% | 28.97% | 25.19% | 23.92% | 56% | 85% | |
| OCF Margin | −148.95% | −66.69% | −7.67% | 9.04% | 26.41% | 30.22% | 26.47% | 26.09% | 56% | 83% | |
| Gross Profitability | — | 14.63% | 5.90% | 11.44% | 17.46% | 23.20% | 26.70% | 34.45% | 93% | 63% | |
| Capex Intensity | 2.13% | 7.02% | 5.92% | 1.33% | 1.22% | 1.25% | 1.28% | 2.17% | 69% | 53% | |
| ▸Returns on Capital · 3 ratios | |||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||||
| ▸Earnings quality · 1 ratios | |||||||||||
| ▸Liquidity & coverage · 5 ratios | |||||||||||
| ▸Leverage · 2 ratios | |||||||||||
| ▸Working capital · 5 ratios | |||||||||||
| ▸Capital allocation · 2 ratios | |||||||||||
| ▸Per share · 3 ratios | |||||||||||
| ▸Other · 1 ratios | |||||||||||
| Line | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ | 2026↗ |
|---|---|---|---|---|---|---|---|---|
| Revenue | $96.7M | $264.7M | $592.0M | $1.22B | $2.07B | $2.81B | $3.63B | $4.68B |
| YoY % | +173.9% | +123.6% | +106.0% | +69.4% | +35.9% | +29.2% | +29.2% | |
| Cost of Revenue | $51.8M | $116.6M | $242.6M | $458.4M | $717.5M | $898.6M | $1.21B | $1.54B |
| YoY % | +125.2% | +108.1% | +89.0% | +56.5% | +25.2% | +35.2% | +26.6% | |
| Gross Profit | $44.9M | $148.2M | $349.5M | $760.9M | $1.35B | $1.91B | $2.41B | $3.15B |
| YoY % | +230.0% | +135.8% | +117.7% | +77.2% | +41.5% | +26.4% | +30.5% | |
| R&D Expense | $68.7M | $105.2M | $237.9M | $466.9M | $788.1M | $1.29B | $1.78B | $1.97B |
| YoY % | +53.1% | +126.3% | +96.2% | +68.8% | +63.4% | +38.5% | +10.4% | |
| Selling & Marketing Expense | $125.6M | $293.6M | $479.3M | $744.0M | $1.11B | $1.39B | $1.67B | $2.06B |
| YoY % | +133.7% | +63.3% | +55.2% | +48.7% | +25.8% | +20.1% | +23.3% | |
| SG&A Expense | $36.1M | $107.5M | $176.1M | $265.0M | $295.8M | $323.0M | $412.3M | $549.7M |
| YoY % | +198.3% | +63.8% | +50.5% | +11.6% | +9.2% | +27.6% | +33.3% | |
| Total Operating Expenses | $230.4M | $506.3M | $893.4M | $1.48B | $2.19B | $3.00B | $3.87B | $4.58B |
| YoY % | +119.8% | +76.5% | +65.2% | +48.4% | +37.1% | +28.8% | +18.4% | |
| Operating Income | -$185.5M | -$358.1M | -$543.9M | -$715.0M | -$842.3M | -$1.09B | -$1.46B | -$1.44B |
| Interest Expense | — | — | — | — | $0 | $0 | $2.8M | $8.3M |
| YoY % | +200.8% | |||||||
| Other Non-Operating Income | -$502,000 | -$1.0M | -$610,000 | $28.9M | -$47.6M | $44.9M | -$35.3M | -$59.0M |
| Impairment of Real Estate | — | — | — | — | — | $0 | $0 | $108.7M |
| Pretax Income | -$177.2M | -$347.5M | -$537.0M | -$677.0M | -$816.0M | -$849.2M | -$1.29B | -$1.31B |
| Income Tax | $820,000 | $993,000 | $2.1M | $3.0M | -$18.5M | -$11.2M | $4.1M | $17.1M |
| YoY % | +21.1% | +107.7% | +44.9% | +316.4% | ||||
| Net Income (incl. NCI) | — | — | -$539.1M | -$679.9M | -$797.5M | -$838.0M | -$1.29B | -$1.33B |
| Minority Interest (P&L) | — | — | $0 | $0 | -$821,000 | -$1.9M | -$3.6M | $2.6M |
| Net Income | -$178.0M | -$348.5M | -$539.1M | -$679.9M | -$796.7M | -$836.1M | -$1.29B | -$1.33B |
| EPS (Basic) | — | -$7.77 | -$3.81 | -$2.26 | -$2.50 | -$2.55 | -$3.86 | -$3.95 |
| EPS (Diluted) | — | -$7.77 | -$3.81 | -$2.26 | -$2.50 | -$2.55 | -$3.86 | -$3.95 |
| Weighted Avg Shares (Basic) | — | 44.8M | 141.6M | 300.3M | 318.7M | 328.0M | 332.7M | 337.5M |
| YoY % | +215.8% | +112.0% | +6.1% | +2.9% | +1.4% | +1.4% | ||
| Weighted Avg Shares (Diluted) | — | 44.8M | 141.6M | 300.3M | 318.7M | 328.0M | 332.7M | 337.5M |
| YoY % | +215.8% | +112.0% | +6.1% | +2.9% | +1.4% | +1.4% |
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.
