STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $4.1B | $4.7B | $4.8B | $4.9B | $5.5B | |
| YoY % | — | +15.6% | +2.6% | +2.0% | +12.0% | |
| P / Sales | 1.2x | 0.6x | 0.5x | 0.4x | 0.4x | |
| EV / Sales | 2.3x | 1.7x | 1.5x | 1.4x | 1.5x | |
| Gross Profit, Adj. | $616.0M | $526.0M | $474.0M | $630.0M | $681.0M | |
| YoY % | — | -14.6% | -9.9% | +32.9% | +8.1% | |
| Margin % | 15.2% | 11.2% | 9.9% | 12.8% | 12.4% | |
| EV / Gross Profit | 15.3x | 15.0x | 15.6x | 10.8x | 12.2x | |
| EBITDA, Adj. | $47.0M | $176.0M | $76.0M | $202.0M | $244.0M | |
| YoY % | — | +274.5% | -56.8% | +165.8% | +20.8% | |
| Margin % | 1.2% | 3.8% | 1.6% | 4.1% | 4.4% | |
| EV / EBITDA | 200.9x | 44.7x | 97.5x | 33.6x | 33.9x | |
| EBIT | $47.0M | $176.0M | $76.0M | $202.0M | $244.0M | |
| YoY % | — | +274.5% | -56.8% | +165.8% | +20.8% | |
| Margin % | 1.2% | 3.8% | 1.6% | 4.1% | 4.4% | |
| EV / EBIT | 200.9x | 44.7x | 97.5x | 33.6x | 33.9x | |
| Net Income | $-210.0M | $226.0M | $-74.0M | $-27.0M | $-11.0M | |
| YoY % | — | +207.6% | -132.7% | +63.5% | +59.3% | |
| Net Margin | -5.2% | 4.8% | -1.5% | -0.6% | -0.2% | |
| EPS (GAAP) | -$0.39 | $0.38 | -$0.12 | -$0.05 | -$0.02 | |
| YoY % | — | +197.4% | -131.6% | +58.3% | +60.0% |