STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $11.0B | $14.1B | $10.3B | $9.5B | $9.1B | |
| YoY % | +60.7% | +29.0% | -27.3% | -7.7% | -3.9% | |
| P / Sales | 1.2x | 1.2x | 0.7x | 0.4x | 0.5x | |
| EV / Sales | 2.6x | 2.3x | 1.8x | 1.4x | 1.5x | |
| Gross Profit, Adj. | $944.0M | $1.9B | $945.0M | $860.0M | $1.1B | |
| YoY % | +90.7% | +96.4% | -49.0% | -9.0% | +31.9% | |
| Margin % | 8.6% | 13.1% | 9.2% | 9.1% | 12.4% | |
| EV / Gross Profit | 30.7x | 17.4x | 19.7x | 15.2x | 12.0x | |
| EBITDA, Adj. | $223.0M | $1.0B | $524.0M | $532.0M | $865.0M | |
| YoY % | +133.1% | +356.5% | -48.5% | +1.5% | +62.6% | |
| Margin % | 2.0% | 7.2% | 5.1% | 5.6% | 9.5% | |
| EV / EBITDA | 129.9x | 31.8x | 35.5x | 24.6x | 15.7x | |
| EBIT | $-299.0M | $507.0M | $5.0M | $18.0M | $252.0M | |
| YoY % | +75.2% | +269.6% | -99.0% | +260.0% | +1300.0% | |
| Margin % | -2.7% | 3.6% | 0.0% | 0.2% | 2.8% | |
| EV / EBIT | -96.9x | 63.8x | 3715.3x | 727.5x | 53.9x | |
| Net Income | $-616.0M | $-183.0M | $-670.0M | $-436.0M | $-293.0M | |
| YoY % | +62.0% | +70.3% | -266.1% | +34.9% | +32.8% | |
| Net Margin | -5.6% | -1.3% | -6.5% | -4.6% | -3.2% | |
| EPS (GAAP) | -$2.32 | -$0.57 | -$1.75 | -$0.94 | -$0.52 | |
| YoY % | +68.3% | +75.4% | -207.0% | +46.3% | +44.7% |