STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $5.6B | $7.3B | $8.0B | $9.6B | $12.4B | |
| YoY % | -2.0% | +28.7% | +9.8% | +21.2% | +28.5% | |
| P / Sales | 0.3x | 0.2x | 0.4x | 1.1x | 2.8x | |
| EV / Sales | 0.7x | 0.7x | 0.9x | 1.5x | 3.1x | |
| Gross Profit, Adj. | $487.0M | $649.7M | $754.1M | $1.0B | $1.5B | |
| YoY % | +11.3% | +33.4% | +16.1% | +37.1% | +44.5% | |
| Margin % | 8.6% | 9.0% | 9.5% | 10.7% | 12.1% | |
| EV / Gross Profit | 8.7x | 7.7x | 9.5x | 14.1x | 25.9x | |
| EBITDA, Adj. | $294.0M | $411.9M | $481.2M | $770.6M | $1.2B | |
| YoY % | +16.4% | +40.1% | +16.8% | +60.1% | +61.7% | |
| Margin % | 5.2% | 5.7% | 6.0% | 8.0% | 10.1% | |
| EV / EBITDA | 14.4x | 12.1x | 14.9x | 19.0x | 31.1x | |
| EBIT | $167.7M | $289.3M | $338.3M | $599.3M | $1.0B | |
| YoY % | +31.1% | +72.5% | +16.9% | +77.2% | +73.7% | |
| Margin % | 3.0% | 4.0% | 4.2% | 6.2% | 8.4% | |
| EV / EBIT | 25.2x | 17.2x | 21.1x | 24.4x | 37.2x | |
| Net Income | $103.9M | $180.1M | $244.4M | $428.0M | $832.5M | |
| YoY % | +71.5% | +73.3% | +35.7% | +75.1% | +94.5% | |
| Net Margin | 1.8% | 2.5% | 3.1% | 4.4% | 6.7% | |
| EPS (GAAP) | $0.82 | $1.46 | $2.03 | $3.61 | $7.16 | |
| YoY % | +74.5% | +78.0% | +39.0% | +77.8% | +98.3% |