STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.5B | $2.4B | $4.3B | $6.1B | $5.9B | |
| YoY % | — | +57.0% | +80.7% | +40.4% | -2.1% | |
| P / Sales | 6.6x | 2.7x | 1.2x | 0.1x | 0.0x | |
| EV / Sales | 6.3x | 2.8x | 1.5x | 0.3x | 0.2x | |
| Gross Profit, Adj. | $65.7M | $111.4M | $69.7M | $4.8M | $-160.0M | |
| YoY % | — | +69.4% | -37.4% | -93.1% | -3405.5% | |
| Margin % | 4.3% | 4.7% | 1.6% | 0.1% | -2.7% | |
| EV / Gross Profit | 144.9x | 60.5x | 89.8x | 383.3x | -7.8x | |
| EBITDA, Adj. | $-357.6M | $-91.6M | $-212.0M | $-264.1M | $-398.6M | |
| YoY % | — | +74.4% | -131.4% | -24.6% | -50.9% | |
| Margin % | -23.5% | -3.8% | -4.9% | -4.4% | -6.7% | |
| EV / EBITDA | -26.6x | -73.6x | -29.5x | -7.0x | -3.2x | |
| EBIT | $-372.2M | $-105.4M | $-232.1M | $-292.1M | $-463.2M | |
| YoY % | — | +71.7% | -120.3% | -25.8% | -58.6% | |
| Margin % | -24.5% | -4.4% | -5.4% | -4.8% | -7.8% | |
| EV / EBIT | -25.6x | -63.9x | -27.0x | -6.4x | -2.7x | |
| Net Income | $-406.5M | $-106.6M | $-262.6M | $-260.2M | $-391.3M | |
| YoY % | — | +73.8% | -146.4% | +0.9% | -50.4% | |
| Net Margin | -26.7% | -4.5% | -6.1% | -4.3% | -6.6% | |
| EPS (GAAP) | -$27.25 | -$6.50 | -$16.00 | -$15.75 | -$23.75 | |
| YoY % | — | +76.1% | -146.2% | +1.6% | -50.8% |