STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.2B | $2.1B | $2.0B | $1.1B | $1.1B | |
| YoY % | +89.7% | +76.0% | -3.8% | -45.1% | -4.0% | |
| P / Sales | — | — | 1.1x | 1.9x | 2.3x | |
| EV / Sales | — | — | 2.5x | 4.1x | 2.3x | |
| Gross Profit, Adj. | $1.2B | $2.1B | $2.0B | $1.1B | $1.1B | |
| YoY % | +89.7% | +76.0% | -3.8% | -45.1% | -4.0% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | — | — | 2.5x | 4.1x | 2.3x | |
| EBITDA, Adj. | $794.0M | $1.1B | $1.3B | $1.2B | $1.1B | |
| YoY % | +192.3% | +44.4% | +12.7% | -4.8% | -11.0% | |
| Margin % | 65.6% | 53.9% | 63.1% | 109.5% | 101.4% | |
| EV / EBITDA | — | — | 3.9x | 3.7x | 2.3x | |
| EBIT | $1.6B | $911.3M | $-165.4M | $263.3M | $65.2M | |
| YoY % | +183.8% | -44.7% | -118.1% | +259.2% | -75.3% | |
| Margin % | 136.1% | 42.8% | -8.1% | 23.4% | 6.0% | |
| EV / EBIT | — | — | -30.4x | 17.4x | 38.2x | |
| Net Income | $1.3B | $630.5M | $-176.1M | $164.9M | $-439.9M | |
| YoY % | +166.6% | -50.6% | -127.9% | +193.6% | -366.8% | |
| Net Margin | 105.5% | 29.6% | -8.6% | 14.7% | -40.8% | |
| EPS (GAAP) | $2.23 | $1.12 | -$0.25 | $0.20 | -$0.57 | |
| YoY % | +165.2% | -49.8% | -122.3% | +180.0% | -385.0% |