STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.1B | $2.8B | $1.7B | $1.7B | $1.6B | |
| YoY % | +16.5% | +31.2% | -38.3% | -3.5% | -1.8% | |
| P / Sales | 0.6x | 0.4x | 0.8x | 0.7x | 1.2x | |
| EV / Sales | 2.5x | 2.1x | 3.9x | 4.1x | 3.7x | |
| Gross Profit, Adj. | $446.6M | $637.8M | $468.8M | $478.0M | $576.6M | |
| YoY % | +9.2% | +42.8% | -26.5% | +2.0% | +20.6% | |
| Margin % | 21.0% | 22.9% | 27.2% | 28.8% | 35.4% | |
| EV / Gross Profit | 11.7x | 9.1x | 14.4x | 14.1x | 10.5x | |
| EBITDA, Adj. | $385.4M | $571.2M | $485.3M | $526.1M | $509.1M | |
| YoY % | +9.4% | +48.2% | -15.0% | +8.4% | -3.2% | |
| Margin % | 18.1% | 20.5% | 28.2% | 31.7% | 31.2% | |
| EV / EBITDA | 13.5x | 10.1x | 13.9x | 12.8x | 11.9x | |
| EBIT | $75.7M | $275.0M | $205.1M | $170.0M | $258.2M | |
| YoY % | +133.8% | +263.3% | -25.4% | -17.1% | +51.9% | |
| Margin % | 3.6% | 9.9% | 11.9% | 10.2% | 15.8% | |
| EV / EBIT | 68.9x | 21.0x | 32.9x | 39.7x | 23.5x | |
| Net Income | $-239.8M | $-4.6M | $27.0M | $-151.5M | $-513.4M | |
| YoY % | +51.2% | +98.1% | +687.5% | -661.3% | -238.8% | |
| Net Margin | -11.3% | -0.2% | 1.6% | -9.1% | -31.5% | |
| EPS (GAAP) | -$1.96 | -$0.04 | $0.22 | -$1.24 | -$4.19 | |
| YoY % | +51.1% | +98.0% | +650.0% | -663.6% | -237.9% |