STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $899.2M | $1.4B | $1.5B | $1.6B | $1.8B | |
| YoY % | +3.3% | +53.7% | +5.0% | +9.2% | +12.9% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $441.3M | $722.1M | $802.3M | $886.1M | $1.0B | |
| YoY % | +6.9% | +63.6% | +11.1% | +10.4% | +14.8% | |
| Margin % | 49.1% | 52.3% | 55.3% | 55.9% | 56.9% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $233.4M | $297.4M | $318.9M | $328.5M | $396.8M | |
| YoY % | +7.2% | +27.4% | +7.2% | +3.0% | +20.8% | |
| Margin % | 26.0% | 21.5% | 22.0% | 20.7% | 22.2% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $110.4M | $76.7M | $154.9M | $217.1M | $341.5M | |
| YoY % | +1.3% | -30.5% | +101.8% | +40.2% | +57.4% | |
| Margin % | 12.3% | 5.6% | 10.7% | 13.7% | 19.1% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $70.0M | $311.0M | $93.4M | $136.8M | $237.1M | |
| YoY % | +182.1% | +344.1% | -70.0% | +46.5% | +73.3% | |
| Net Margin | 7.8% | 22.5% | 6.4% | 8.6% | 13.3% | |
| EPS (GAAP) | $1.36 | $6.43 | $2.05 | $3.39 | $6.18 | |
| YoY % | +186.1% | +372.8% | -68.1% | +65.4% | +82.3% |