STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $18.4B | $20.6B | $24.4B | $30.3B | $34.5B | |
| YoY % | — | +11.8% | +18.5% | +24.1% | +14.1% | |
| P / Sales | 2.3x | 1.3x | 1.2x | 1.3x | 1.3x | |
| EV / Sales | 2.4x | 1.5x | 1.3x | 1.5x | 1.5x | |
| Gross Profit, Adj. | $3.0B | $4.7B | $6.2B | $8.8B | $10.1B | |
| YoY % | — | +59.6% | +31.4% | +42.7% | +14.8% | |
| Margin % | 16.0% | 22.9% | 25.4% | 29.2% | 29.4% | |
| EV / Gross Profit | 15.2x | 6.4x | 5.2x | 5.1x | 5.0x | |
| EBITDA, Adj. | $-1.0B | $119.0M | $748.0M | $869.0M | $990.0M | |
| YoY % | — | +111.5% | +528.6% | +16.2% | +13.9% | |
| Margin % | -5.6% | 0.6% | 3.1% | 2.9% | 2.9% | |
| EV / EBITDA | -43.3x | 251.5x | 43.3x | 52.3x | 51.1x | |
| EBIT | $-1.5B | $-112.0M | $473.0M | $436.0M | $473.0M | |
| YoY % | — | +92.5% | +522.3% | -7.8% | +8.5% | |
| Margin % | -8.1% | -0.5% | 1.9% | 1.4% | 1.4% | |
| EV / EBIT | -30.0x | -267.2x | 68.4x | 104.2x | 107.0x | |
| Net Income | $-1.5B | $-92.0M | $1.4B | $154.0M | $208.0M | |
| YoY % | — | +94.0% | +1578.3% | -88.7% | +35.1% | |
| Net Margin | -8.4% | -0.4% | 5.6% | 0.5% | 0.6% | |
| EPS (GAAP) | -$1.08 | -$0.05 | $0.75 | $0.08 | $0.11 | |
| YoY % | — | +95.4% | +1600.0% | -89.3% | +37.5% |