STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $3.9B | $6.6B | $6.9B | $7.0B | $7.9B | |
| YoY % | +9.8% | +66.4% | +5.6% | +1.3% | +12.7% | |
| P / Sales | 1.3x | 0.8x | 1.1x | 1.4x | 2.0x | |
| EV / Sales | 1.8x | 1.5x | 1.7x | 2.0x | 2.6x | |
| Gross Profit, Adj. | $939.0M | $1.7B | $1.9B | $2.2B | $2.5B | |
| YoY % | +24.2% | +82.5% | +13.2% | +12.3% | +14.2% | |
| Margin % | 23.8% | 26.1% | 28.0% | 31.0% | 31.4% | |
| EV / Gross Profit | 7.4x | 5.6x | 6.2x | 6.6x | 8.3x | |
| EBITDA, Adj. | $338.0M | $466.0M | $662.0M | $786.0M | $881.0M | |
| YoY % | +15.0% | +37.9% | +42.1% | +18.7% | +12.1% | |
| Margin % | 8.6% | 7.1% | 9.6% | 11.2% | 11.1% | |
| EV / EBITDA | 20.6x | 20.5x | 18.1x | 18.2x | 23.3x | |
| EBIT | $136.0M | $162.0M | $359.0M | $484.0M | $554.0M | |
| YoY % | +181.9% | +19.1% | +121.6% | +34.8% | +14.5% | |
| Margin % | 3.5% | 2.5% | 5.2% | 6.9% | 7.0% | |
| EV / EBIT | 51.2x | 58.8x | 33.4x | 29.6x | 37.0x | |
| Net Income | $-137.0M | $29.0M | $-161.0M | $-224.0M | $-288.0M | |
| YoY % | +63.5% | +121.2% | -655.2% | -39.1% | -28.6% | |
| Net Margin | -3.5% | 0.4% | -2.3% | -3.2% | -3.6% | |
| EPS (GAAP) | -$0.45 | $0.07 | -$0.46 | -$0.56 | -$0.69 | |
| YoY % | +69.4% | +115.6% | -757.1% | -21.7% | -23.2% |