STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.8B | $2.1B | $2.5B | $2.8B | $3.2B | |
| YoY % | +18.5% | +17.9% | +19.9% | +10.4% | +17.7% | |
| P / Sales | 7.5x | 4.1x | 5.3x | 3.8x | 5.9x | |
| EV / Sales | 9.2x | 5.5x | 6.4x | 4.8x | 6.7x | |
| Gross Profit, Adj. | $1.3B | $1.4B | $1.8B | $1.9B | $2.3B | |
| YoY % | +15.1% | +8.8% | +23.8% | +8.9% | +17.9% | |
| Margin % | 74.0% | 68.3% | 70.5% | 69.5% | 69.7% | |
| EV / Gross Profit | 12.5x | 8.0x | 9.1x | 6.9x | 9.6x | |
| EBITDA, Adj. | $-655.1M | $-380.0M | $-86.2M | $26.4M | $22.5M | |
| YoY % | -66.6% | +42.0% | +77.3% | +130.6% | -14.9% | |
| Margin % | -37.1% | -18.2% | -3.4% | 1.0% | 0.7% | |
| EV / EBITDA | -24.9x | -30.1x | -185.7x | 502.5x | 963.8x | |
| EBIT | $-855.7M | $-593.5M | $-293.4M | $-1.1B | $-206.3M | |
| YoY % | -11.5% | +30.6% | +50.6% | -260.5% | +80.5% | |
| Margin % | -48.4% | -28.5% | -11.7% | -38.3% | -6.4% | |
| EV / EBIT | -19.1x | -19.3x | -54.6x | -12.5x | -105.0x | |
| Net Income | $-595.6M | $-623.5M | $-204.1M | $-1.0B | $-207.9M | |
| YoY % | +27.7% | -4.7% | +67.3% | -404.0% | +79.8% | |
| Net Margin | -33.7% | -29.9% | -8.2% | -37.3% | -6.4% | |
| EPS (GAAP) | -$3.48 | -$3.54 | -$1.13 | -$5.59 | -$1.10 | |
| YoY % | +36.1% | -1.7% | +68.1% | -394.7% | +80.3% |