STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $428.3M | $652.5M | $937.4M | $1.2B | $1.6B | |
| YoY % | — | +52.3% | +43.7% | +33.3% | +29.6% | |
| P / Sales | 11.7x | 10.6x | 18.1x | 22.9x | 9.4x | |
| EV / Sales | 10.9x | 11.3x | 18.9x | 23.5x | 9.9x | |
| Gross Profit, Adj. | $303.9M | $469.9M | $690.4M | $950.9M | $1.2B | |
| YoY % | — | +54.6% | +46.9% | +37.7% | +30.6% | |
| Margin % | 70.9% | 72.0% | 73.6% | 76.1% | 76.7% | |
| EV / Gross Profit | 15.4x | 15.7x | 25.6x | 30.8x | 12.8x | |
| EBITDA, Adj. | $-341.9M | $-246.6M | $-234.4M | $-164.4M | $-28.5M | |
| YoY % | -26365.0% | +27.9% | +5.0% | +29.8% | +82.7% | |
| Margin % | -79.8% | -37.8% | -25.0% | -13.2% | -1.8% | |
| EV / EBITDA | -13.7x | -30.0x | -75.4x | -178.3x | -559.0x | |
| EBIT | $-353.8M | $-259.5M | $-323.3M | $-190.0M | $-52.6M | |
| YoY % | -27287.6% | +26.7% | -24.6% | +41.2% | +72.3% | |
| Margin % | -82.6% | -39.8% | -34.5% | -15.2% | -3.2% | |
| EV / EBIT | -13.2x | -28.5x | -54.7x | -154.4x | -303.3x | |
| Net Income | $-355.0M | $-247.4M | $-286.7M | $-154.9M | $-9.1M | |
| YoY % | -17160.3% | +30.3% | -15.9% | +46.0% | +94.1% | |
| Net Margin | -82.9% | -37.9% | -30.6% | -12.4% | -0.6% | |
| EPS (GAAP) | -$1.28 | -$0.48 | -$0.54 | -$0.28 | -$0.02 | |
| YoY % | -356.0% | +62.5% | -12.5% | +48.1% | +92.9% |