STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $252.7M | $424.3M | $579.9M | $759.2M | $955.2M | |
| YoY % | — | +68.0% | +36.7% | +30.9% | +25.8% | |
| P / Sales | 20.2x | 17.3x | 18.9x | 15.4x | 6.2x | |
| EV / Sales | 17.9x | 17.4x | 19.7x | 15.9x | 6.7x | |
| Gross Profit, Adj. | $222.7M | $372.7M | $520.2M | $674.1M | $834.5M | |
| YoY % | — | +67.4% | +39.6% | +29.6% | +23.8% | |
| Margin % | 88.1% | 87.8% | 89.7% | 88.8% | 87.4% | |
| EV / Gross Profit | 20.3x | 19.8x | 21.9x | 17.9x | 7.6x | |
| EBITDA, Adj. | $-94.4M | $-160.9M | $-137.4M | $-82.0M | $-4.3M | |
| YoY % | — | -70.4% | +14.6% | +40.3% | +94.8% | |
| Margin % | -37.4% | -37.9% | -23.7% | -10.8% | -0.4% | |
| EV / EBITDA | -47.8x | -45.9x | -82.9x | -146.7x | -1494.8x | |
| EBIT | $-129.0M | $-211.4M | $-187.4M | $-142.7M | $-70.5M | |
| YoY % | — | -63.9% | +11.3% | +23.9% | +50.6% | |
| Margin % | -51.0% | -49.8% | -32.3% | -18.8% | -7.4% | |
| EV / EBIT | -35.0x | -34.9x | -60.8x | -84.3x | -90.1x | |
| Net Income | $-155.1M | $-173.4M | $-425.7M | $-6.3M | $-56.0M | |
| YoY % | — | -11.8% | -145.5% | +98.5% | -784.5% | |
| Net Margin | -61.4% | -40.9% | -73.4% | -0.8% | -5.9% | |
| EPS (GAAP) | -$1.95 | -$1.17 | -$2.76 | -$0.04 | -$0.34 | |
| YoY % | — | +40.0% | -135.9% | +98.6% | -750.0% |