STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.9B | $2.6B | $2.7B | $2.8B | $3.0B | |
| YoY % | -29.9% | +38.1% | +3.7% | +3.3% | +7.9% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $697.1M | $1.2B | $1.1B | $1.2B | $1.3B | |
| YoY % | -31.4% | +67.8% | -1.8% | +6.4% | +6.4% | |
| Margin % | 37.1% | 45.1% | 42.7% | 44.0% | 43.4% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $80.6M | $364.7M | $316.9M | $329.9M | $234.5M | |
| YoY % | -63.8% | +352.3% | -13.1% | +4.1% | -28.9% | |
| Margin % | 4.3% | 14.1% | 11.8% | 11.9% | 7.8% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-60.5M | $305.0M | $248.2M | $263.3M | $160.4M | |
| YoY % | -143.0% | +604.2% | -18.6% | +6.1% | -39.1% | |
| Margin % | -3.2% | 11.8% | 9.2% | 9.5% | 5.4% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-81.4M | $169.5M | $148.2M | $195.8M | $59.5M | |
| YoY % | -185.6% | +308.2% | -12.6% | +32.1% | -69.6% | |
| Net Margin | -4.3% | 6.5% | 5.5% | 7.1% | 2.0% | |
| EPS (GAAP) | -$1.27 | $2.57 | $2.18 | $3.09 | $0.77 | |
| YoY % | -195.5% | +302.4% | -15.2% | +41.7% | -75.1% |