STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $863.4M | $1.2B | $1.6B | $2.1B | $2.8B | |
| YoY % | — | +37.5% | +31.5% | +33.4% | +33.5% | |
| P / Sales | 12.0x | 10.3x | 12.2x | 22.4x | 16.8x | |
| EV / Sales | 12.4x | 11.3x | 12.9x | 23.2x | 17.8x | |
| Gross Profit, Adj. | $540.9M | $726.1M | $955.5M | $1.2B | $1.7B | |
| YoY % | — | +34.2% | +31.6% | +29.9% | +33.6% | |
| Margin % | 62.7% | 61.2% | 61.2% | 59.6% | 59.7% | |
| EV / Gross Profit | 19.7x | 18.5x | 21.1x | 39.0x | 29.8x | |
| EBITDA, Adj. | $-149.4M | $116.1M | $176.2M | $107.0M | $21.1M | |
| YoY % | -304.0% | +177.7% | +51.7% | -39.3% | -80.3% | |
| Margin % | -17.3% | 9.8% | 11.3% | 5.1% | 0.8% | |
| EV / EBITDA | -71.4x | 115.7x | 114.6x | 452.3x | 2339.9x | |
| EBIT | $-168.1M | $93.0M | $156.8M | $58.5M | $-62.1M | |
| YoY % | -354.4% | +155.3% | +68.7% | -62.7% | -206.0% | |
| Margin % | -19.5% | 7.8% | 10.0% | 2.8% | -2.2% | |
| EV / EBIT | -63.5x | 144.5x | 128.7x | 826.5x | -794.8x | |
| Net Income | $-60.0M | $146.9M | $175.8M | $377.0M | $124.7M | |
| YoY % | -61.9% | +344.8% | +19.6% | +114.5% | -66.9% | |
| Net Margin | -7.0% | 12.4% | 11.3% | 18.1% | 4.5% | |
| EPS (GAAP) | -$0.91 | $2.03 | $2.33 | $4.80 | $1.51 | |
| YoY % | +57.9% | +323.1% | +14.8% | +106.0% | -68.5% |