STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.7B | $3.6B | $4.3B | $4.5B | $4.7B | |
| YoY % | +34.1% | +36.1% | +19.7% | +3.2% | +4.7% | |
| P / Sales | 0.5x | 0.5x | 0.6x | 0.3x | 0.3x | |
| EV / Sales | 1.2x | 1.0x | 1.1x | 0.8x | 0.9x | |
| Gross Profit, Adj. | $1.7B | $2.3B | $2.8B | $2.9B | $3.0B | |
| YoY % | -11.9% | +35.9% | +20.1% | +3.5% | +3.3% | |
| Margin % | 64.3% | 64.2% | 64.4% | 64.6% | 63.8% | |
| EV / Gross Profit | 1.8x | 1.6x | 1.7x | 1.3x | 1.4x | |
| EBITDA, Adj. | $259.9M | $373.1M | $463.3M | $501.9M | $561.6M | |
| YoY % | +308.6% | +43.6% | +24.2% | +8.3% | +11.9% | |
| Margin % | 9.8% | 10.3% | 10.7% | 11.2% | 12.0% | |
| EV / EBITDA | 11.9x | 9.9x | 10.5x | 7.5x | 7.6x | |
| EBIT | $139.5M | $253.3M | $314.0M | $324.5M | $364.4M | |
| YoY % | +309.0% | +81.6% | +24.0% | +3.3% | +12.3% | |
| Margin % | 5.2% | 7.0% | 7.2% | 7.3% | 7.8% | |
| EV / EBIT | 22.1x | 14.5x | 15.5x | 11.7x | 11.8x | |
| Net Income | $45.5M | $140.3M | $181.3M | $148.8M | $212.1M | |
| YoY % | +130.4% | +208.5% | +29.2% | -17.9% | +42.6% | |
| Net Margin | 1.7% | 3.9% | 4.2% | 3.3% | 4.5% | |
| EPS (GAAP) | $0.22 | $0.67 | $0.86 | $0.71 | $1.01 | |
| YoY % | +130.6% | +204.5% | +28.4% | -17.4% | +42.3% |