STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $335.6M | $708.4M | $1.2B | $1.7B | $2.5B | |
| YoY % | +12.6% | +111.1% | +65.3% | +48.2% | +44.5% | |
| P / Sales | 7.7x | 2.5x | 3.9x | 8.4x | 8.2x | |
| EV / Sales | 18.5x | 5.9x | 6.2x | 10.6x | 9.6x | |
| Gross Profit, Adj. | $321.3M | $460.0M | $668.8M | $909.0M | $1.2B | |
| YoY % | +7.8% | +43.2% | +45.4% | +35.9% | +27.4% | |
| Margin % | 95.7% | 64.9% | 57.1% | 52.4% | 46.2% | |
| EV / Gross Profit | 19.3x | 9.0x | 10.8x | 20.3x | 20.9x | |
| EBITDA, Adj. | $329.5M | $350.4M | $526.9M | $770.4M | $995.7M | |
| YoY % | +8.0% | +6.3% | +50.4% | +46.2% | +29.2% | |
| Margin % | 98.2% | 49.5% | 45.0% | 44.4% | 39.7% | |
| EV / EBITDA | 18.8x | 11.8x | 13.8x | 24.0x | 24.3x | |
| EBIT | $89.3M | $19.9M | $339.7M | $519.1M | $741.3M | |
| YoY % | +2.5% | -77.7% | +1606.9% | +52.8% | +42.8% | |
| Margin % | 26.6% | 2.8% | 29.0% | 29.9% | 29.6% | |
| EV / EBIT | 69.4x | 208.6x | 21.3x | 35.6x | 32.6x | |
| Net Income | $-129.0M | $-220.4M | $212.0M | $-32.1M | $477.5M | |
| YoY % | -22.8% | -70.8% | +196.2% | -115.1% | +1588.5% | |
| Net Margin | -38.4% | -31.1% | 18.1% | -1.8% | 19.0% | |
| EPS (GAAP) | -$1.43 | -$2.22 | $2.11 | -$0.32 | $4.60 | |
| YoY % | -17.2% | -55.2% | +195.0% | -115.2% | +1537.5% |