STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $80.8B | $8.8B | $11.0B | $12.8B | $13.5B | |
| YoY % | — | -89.1% | +24.9% | +16.5% | +5.6% | |
| P / Sales | 0.8x | 5.6x | 4.8x | 4.9x | 4.0x | |
| EV / Sales | 0.8x | 8.0x | 5.2x | 5.4x | 4.4x | |
| Gross Profit, Adj. | $15.8B | $2.0B | $3.1B | $3.1B | $2.9B | |
| YoY % | — | -87.4% | +53.6% | +2.5% | -8.1% | |
| Margin % | 19.6% | 22.7% | 27.9% | 24.6% | 21.4% | |
| EV / Gross Profit | 4.3x | 35.0x | 18.7x | 22.1x | 20.7x | |
| EBITDA, Adj. | $762.6M | $118.6M | $889.0M | $675.3M | $471.6M | |
| YoY % | — | -84.5% | +649.8% | -24.0% | -30.2% | |
| Margin % | 0.9% | 1.3% | 8.1% | 5.3% | 3.5% | |
| EV / EBITDA | 89.5x | 589.9x | 64.4x | 103.0x | 126.8x | |
| EBIT | $-1.4B | $-120.7M | $673.6M | $514.5M | $301.3M | |
| YoY % | — | +91.1% | +657.9% | -23.6% | -41.4% | |
| Margin % | -1.7% | -1.4% | 6.1% | 4.0% | 2.2% | |
| EV / EBIT | -50.4x | -579.2x | 85.0x | 135.2x | 198.4x | |
| Net Income | $-524.1M | $-200.9M | $831.1M | $556.9M | $427.9M | |
| YoY % | — | +61.7% | +513.6% | -33.0% | -23.2% | |
| Net Margin | -0.6% | -2.3% | 7.6% | 4.3% | 3.2% | |
| EPS (GAAP) | -$0.15 | -$0.06 | $0.23 | $0.16 | $0.12 | |
| YoY % | — | +60.0% | +483.3% | -30.4% | -25.0% |