STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.8B | $2.8B | $3.0B | $3.1B | $3.2B | |
| YoY % | -22.1% | +2.4% | +6.7% | +3.6% | +2.2% | |
| P / Sales | 0.3x | 0.2x | 0.4x | 0.4x | 0.8x | |
| EV / Sales | 2.3x | 1.9x | 2.0x | 2.2x | 2.6x | |
| Gross Profit, Adj. | $501.0M | $594.4M | $746.7M | $799.3M | $837.5M | |
| YoY % | -37.2% | +18.7% | +25.6% | +7.0% | +4.8% | |
| Margin % | 18.2% | 21.0% | 24.8% | 25.6% | 26.2% | |
| EV / Gross Profit | 12.6x | 9.2x | 8.3x | 8.7x | 9.9x | |
| EBITDA, Adj. | $149.0M | $264.7M | $373.1M | $422.6M | $456.9M | |
| YoY % | -60.0% | +77.7% | +41.0% | +13.3% | +8.1% | |
| Margin % | 5.4% | 9.4% | 12.4% | 13.5% | 14.3% | |
| EV / EBITDA | 42.4x | 20.7x | 16.6x | 16.5x | 18.1x | |
| EBIT | $-216.9M | $-116.5M | $-17.9M | $46.5M | $15.3M | |
| YoY % | -122.1% | +46.3% | +84.7% | +360.2% | -67.2% | |
| Margin % | -7.9% | -4.1% | -0.6% | 1.5% | 0.5% | |
| EV / EBIT | -29.1x | -47.0x | -345.5x | 149.5x | 540.6x | |
| Net Income | $-99.3M | $-238.4M | $-189.0M | $-201.9M | $-262.7M | |
| YoY % | -221.1% | -140.1% | +20.7% | -6.8% | -30.1% | |
| Net Margin | -3.6% | -8.4% | -6.3% | -6.5% | -8.2% | |
| EPS (GAAP) | -$0.54 | -$1.25 | -$0.84 | -$0.89 | -$1.12 | |
| YoY % | -222.7% | -131.5% | +32.8% | -6.0% | -25.8% |