STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $6.7B | $5.8B | $1.9B | $1.4B | $1.9B | |
| YoY % | -20.1% | -14.1% | -67.8% | -25.8% | +39.7% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $2.4B | $2.0B | $900.3M | $605.1M | $955.9M | |
| YoY % | -11.2% | -18.6% | -54.7% | -32.8% | +58.0% | |
| Margin % | 36.2% | 34.3% | 48.3% | 43.8% | 49.5% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $1.1B | $922.2M | $403.3M | $115.5M | $349.1M | |
| YoY % | +0.1% | -13.7% | -56.3% | -71.4% | +202.3% | |
| Margin % | 15.9% | 15.9% | 21.6% | 8.4% | 18.1% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $196.6M | $-935.3M | $-659.6M | $-291.7M | $52.4M | |
| YoY % | +479.5% | -575.7% | +29.5% | +55.8% | +118.0% | |
| Margin % | 2.9% | -16.2% | -35.4% | -21.1% | 2.7% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-519.9M | $-1.3B | $-1.6B | $-380.7M | $2.2B | |
| YoY % | +17.4% | -158.9% | -16.5% | +75.7% | +681.8% | |
| Net Margin | -7.7% | -23.3% | -84.2% | -27.5% | 114.7% | |
| EPS (GAAP) | -$2.55 | -$6.49 | -$7.44 | -$1.78 | $9.63 | |
| YoY % | +20.3% | -154.5% | -14.6% | +76.1% | +641.0% |