STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $844.3M | $1.0B | $1.8B | $2.2B | $3.7B | |
| YoY % | +71.3% | +22.9% | +76.2% | +23.0% | +65.2% | |
| P / Sales | 23.8x | 27.4x | 13.3x | 13.4x | 14.4x | |
| EV / Sales | 26.4x | 30.1x | 15.1x | 14.8x | 15.1x | |
| Gross Profit, Adj. | $729.3M | $897.2M | $1.6B | $1.9B | $3.0B | |
| YoY % | +75.8% | +23.0% | +73.9% | +24.5% | +56.4% | |
| Margin % | 86.4% | 86.5% | 85.3% | 86.4% | 81.8% | |
| EV / Gross Profit | 30.6x | 34.8x | 17.7x | 17.1x | 18.5x | |
| EBITDA, Adj. | $-661.1M | $-740.6M | $-228.1M | $-120.2M | $557.2M | |
| YoY % | +16.7% | -12.0% | +69.2% | +47.3% | +563.5% | |
| Margin % | -78.3% | -71.4% | -12.5% | -5.3% | 15.0% | |
| EV / EBITDA | -33.8x | -42.2x | -120.9x | -276.5x | 100.6x | |
| EBIT | $-708.7M | $-785.1M | $-282.2M | $-176.9M | $501.6M | |
| YoY % | +14.5% | -10.8% | +64.1% | +37.3% | +383.6% | |
| Margin % | -83.9% | -75.7% | -15.4% | -7.9% | 13.5% | |
| EV / EBIT | -31.5x | -39.8x | -97.8x | -187.9x | 111.8x | |
| Net Income | $-852.8M | $-1.1B | $-440.2M | $-278.2M | $313.7M | |
| YoY % | +0.6% | -32.6% | +61.1% | +36.8% | +212.8% | |
| Net Margin | -101.0% | -109.0% | -24.1% | -12.4% | 8.4% | |
| EPS (GAAP) | -$7.20 | -$9.30 | -$3.52 | -$2.18 | $2.33 | |
| YoY % | +3.5% | -29.2% | +62.2% | +38.1% | +206.9% |