STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $12.0B | $11.0B | $11.4B | $12.9B | $17.0B | |
| YoY % | -4.8% | -8.1% | +3.5% | +13.4% | +31.2% | |
| P / Sales | — | — | — | — | 0.9x | |
| EV / Sales | — | — | — | — | 1.4x | |
| Gross Profit, Adj. | $4.9B | $3.5B | $3.5B | $5.0B | $8.7B | |
| YoY % | -5.4% | -28.2% | -1.5% | +43.2% | +75.2% | |
| Margin % | 40.9% | 31.9% | 30.4% | 38.4% | 51.3% | |
| EV / Gross Profit | — | — | — | — | 2.7x | |
| EBITDA, Adj. | $6.5B | $5.1B | $5.0B | $6.3B | $10.0B | |
| YoY % | -4.0% | -21.4% | -2.6% | +26.1% | +58.5% | |
| Margin % | 54.6% | 46.7% | 43.9% | 48.8% | 59.0% | |
| EV / EBITDA | — | — | — | — | 2.4x | |
| EBIT | $4.5B | $1.5B | $2.6B | $4.9B | $8.1B | |
| YoY % | -7.7% | -67.3% | +80.0% | +83.1% | +66.6% | |
| Margin % | 37.6% | 13.4% | 23.3% | 37.5% | 47.7% | |
| EV / EBIT | — | — | — | — | 2.9x | |
| Net Income | $2.0B | $432.0M | $1.3B | $2.1B | $5.0B | |
| YoY % | -13.0% | -78.6% | +194.4% | +68.6% | +132.9% | |
| Net Margin | 16.9% | 3.9% | 11.2% | 16.6% | 29.4% | |
| EPS (GAAP) | $1.14 | $0.24 | $0.72 | $1.22 | $2.93 | |
| YoY % | -13.0% | -78.9% | +200.0% | +69.4% | +140.2% |