| Market Cap | $13.89B | |
| Enterprise Value | — | |
| Revenue | $1.92B | +2.0% |
| Gross Profit | $1.21B | +3.0% |
| EBITDA | -$210.5M | — |
| Net Income | -$672.7M | — |
| Diluted EPS | -$0.96 | — |
| Free Cash Flow | $463.1M | +41.2% |
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 8y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||
| Gross Margin | 78.66% | 78.11% | 77.69% | 77.16% | 68.19% | 66.46% | 73.48% | 74.17% | 44% | 80% | |
| Operating Margin | −34.22% | −27.81% | −35.58% | −47.88% | −63.42% | −38.07% | −41.65% | −25.90% | 94% | 25% | |
| EBITDA Margin | −28.83% | −22.07% | −30.01% | −42.06% | −48.21% | −12.29% | −19.09% | −0.98% | 94% | 39% | |
| NOPAT Margin | −27.04% | −21.97% | −28.11% | −37.82% | −50.10% | −30.08% | −32.90% | −20.46% | 94% | 20% | |
| Net Margin | −34.56% | −30.12% | −36.55% | −47.96% | −66.21% | −37.58% | −36.63% | −21.78% | 94% | 27% | |
| FCF Margin | −31.27% | −17.53% | −2.62% | −13.81% | −8.38% | 8.17% | 15.77% | 21.84% | 94% | 79% | |
| OCF Margin | −21.29% | −12.54% | 2.58% | −10.04% | −4.27% | 10.73% | 17.40% | 22.87% | 94% | 75% | |
| Gross Profitability | — | 55.47% | 22.47% | 17.70% | 12.11% | 20.07% | 19.78% | 20.06% | 50% | 35% | |
| Capex Intensity | 9.99% | 4.99% | 5.20% | 3.78% | 4.11% | 2.56% | 1.63% | 1.03% | 6% | 35% | |
| ▸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 · 6 ratios | |||||||||||
| ▸Other · 1 ratios | |||||||||||
| Line | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|
| Revenue | $380.8M | $541.8M | $772.4M | $1.11B | $1.39B | $2.19B | $1.81B | $1.85B |
| YoY % | +42.3% | +42.6% | +43.8% | +25.3% | +57.2% | -17.1% | +2.0% | |
| Cost of Revenue | $81.3M | $118.6M | $172.3M | $253.6M | $442.5M | $733.7M | $480.9M | $477.7M |
| YoY % | +45.9% | +45.3% | +47.2% | +74.5% | +65.8% | -34.5% | -0.6% | |
| Gross Profit | $299.5M | $423.2M | $600.1M | $856.9M | $948.5M | $1.45B | $1.33B | $1.37B |
| YoY % | +41.3% | +41.8% | +42.8% | +10.7% | +53.2% | -8.3% | +3.0% | |
| R&D Expense | $204.1M | $255.9M | $403.5M | $695.7M | $959.5M | $1.05B | $924.8M | $929.5M |
| YoY % | +25.4% | +57.7% | +72.4% | +37.9% | +9.8% | -12.2% | +0.5% | |
| Selling & Marketing Expense | $134.5M | $174.1M | $216.4M | $344.9M | $498.0M | $834.6M | $752.6M | $652.9M |
| YoY % | +29.5% | +24.3% | +59.4% | +44.4% | +67.6% | -9.8% | -13.3% | |
| SG&A Expense | $91.3M | $143.8M | $255.0M | $347.9M | $373.3M | $398.2M | $410.1M | $268.5M |
| YoY % | +57.6% | +77.3% | +36.4% | +7.3% | +6.7% | +3.0% | -34.5% | |
| Total Operating Expenses | $429.8M | $573.9M | $874.9M | $1.39B | $1.83B | $2.29B | $2.09B | $1.85B |
| YoY % | +33.5% | +52.5% | +58.7% | +31.8% | +24.9% | -8.7% | -11.3% | |
| Operating Income | -$130.3M | -$150.7M | -$274.8M | -$531.7M | -$882.2M | -$832.8M | -$755.1M | -$479.1M |
| Interest Expense | — | — | — | — | $7.4M | $24.6M | $23.5M | $24.0M |
| YoY % | +232.0% | -4.2% | +2.0% | |||||
| Other Non-Operating Income | -$2.3M | -$2.6M | -$3.9M | $1.6M | $7.2M | $59.5M | $111.6M | $107.9M |
| YoY % | +359.3% | +727.7% | +87.4% | -3.3% | ||||
| Impairment of Real Estate | — | — | — | — | $0 | $0 | $22.8M | $5.9M |
| YoY % | -74.2% | |||||||
| Pretax Income | -$132.6M | -$153.2M | -$280.2M | -$531.2M | -$882.4M | -$797.8M | -$667.1M | -$395.2M |
| Income Tax | -$1.0M | $9.9M | $2.1M | $1.4M | $37.1M | $28.5M | -$2.8M | $6.3M |
| YoY % | -79.0% | -34.1% | +2591.6% | -23.2% | ||||
| Net Income (incl. NCI) | — | — | -$282.3M | -$532.6M | -$919.5M | -$826.3M | -$664.3M | -$401.5M |
| Minority Interest (P&L) | — | — | $0 | $0 | -$1.3M | -$4.3M | -$173,000 | $1.3M |
| Net Income | -$131.6M | -$163.2M | -$282.3M | -$532.6M | -$921.1M | -$822.0M | -$664.1M | -$402.8M |
| Net Income to Common | -$131.6M | -$273.4M | -$282.3M | -$532.6M | — | — | — | — |
| EPS (Basic) | — | -$2.39 | -$1.66 | -$1.89 | -$2.96 | -$2.16 | -$1.68 | -$0.96 |
| EPS (Diluted) | — | -$2.39 | -$1.66 | -$1.89 | -$2.96 | -$2.16 | -$1.68 | -$0.96 |
| Weighted Avg Shares (Basic) | — | 114.4M | 170.0M | 282.2M | 310.5M | 380.5M | 396.0M | 420.9M |
| YoY % | +48.5% | +66.0% | +10.0% | +22.5% | +4.1% | +6.3% | ||
| Weighted Avg Shares (Diluted) | — | 114.4M | 170.0M | 282.2M | 310.5M | 380.5M | 396.0M | 420.9M |
| YoY % | +48.5% | +66.0% | +10.0% | +22.5% | +4.1% | +6.3% |
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.
