STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $4.9B | $6.6B | $8.6B | $10.7B | $13.7B | |
| YoY % | +69.4% | +34.7% | +31.2% | +24.2% | +27.9% | |
| P / Sales | 10.3x | 2.7x | 4.4x | 6.7x | 7.3x | |
| EV / Sales | 10.2x | 2.9x | 4.5x | 6.8x | 7.6x | |
| Gross Profit, Adj. | $2.5B | $3.0B | $4.0B | $5.2B | $7.0B | |
| YoY % | +68.0% | +17.5% | +35.1% | +28.0% | +34.7% | |
| Margin % | 52.2% | 45.5% | 46.9% | 48.3% | 50.9% | |
| EV / Gross Profit | 19.5x | 6.3x | 9.7x | 14.1x | 15.0x | |
| EBITDA, Adj. | $-296.0M | $-663.0M | $-23.0M | $583.0M | $1.5B | |
| YoY % | +6.3% | -124.0% | +96.5% | +2634.8% | +165.7% | |
| Margin % | -6.1% | -10.1% | -0.3% | 5.4% | 11.3% | |
| EV / EBITDA | -168.2x | -28.7x | -1707.6x | 125.5x | 67.7x | |
| EBIT | $-452.0M | $-1.1B | $-579.0M | $-38.0M | $723.0M | |
| YoY % | -3.7% | -148.7% | +48.5% | +93.4% | +2002.6% | |
| Margin % | -9.2% | -17.1% | -6.7% | -0.4% | 5.3% | |
| EV / EBIT | -110.2x | -16.9x | -67.8x | -1926.0x | 145.0x | |
| Net Income | $-468.0M | $-1.4B | $-558.0M | $123.0M | $935.0M | |
| YoY % | -1.5% | -191.7% | +59.1% | +122.0% | +660.2% | |
| Net Margin | -9.6% | -20.7% | -6.5% | 1.1% | 6.8% | |
| EPS (GAAP) | -$1.39 | -$3.68 | -$1.42 | $0.29 | $2.13 | |
| YoY % | +81.2% | -164.7% | +61.4% | +120.4% | +634.5% |