STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $10.7B | $14.8B | $15.5B | $14.7B | $15.0B | |
| YoY % | -31.0% | +38.0% | +5.0% | -5.4% | +2.2% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $3.1B | $5.4B | $5.5B | $5.4B | $5.6B | |
| YoY % | -44.3% | +74.8% | +1.2% | -2.2% | +4.3% | |
| Margin % | 29.1% | 36.8% | 35.5% | 36.7% | 37.4% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $-376.0M | $1.3B | $1.1B | $1.1B | $1.1B | |
| YoY % | -125.8% | +441.0% | -16.6% | +4.9% | -2.1% | |
| Margin % | -3.5% | 8.7% | 6.9% | 7.6% | 7.3% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-1.0B | $492.0M | $465.0M | $251.0M | $495.0M | |
| YoY % | -233.5% | +147.0% | -5.5% | -46.0% | +97.2% | |
| Margin % | -9.8% | 3.3% | 3.0% | 1.7% | 3.3% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-690.0M | $178.0M | $245.0M | $134.0M | $294.0M | |
| YoY % | -239.1% | +125.8% | +37.6% | -45.3% | +119.4% | |
| Net Margin | -6.4% | 1.2% | 1.6% | 0.9% | 2.0% | |
| EPS (GAAP) | -$4.39 | $1.10 | $1.51 | $0.82 | $1.74 | |
| YoY % | -238.1% | +125.1% | +37.3% | -45.7% | +112.2% |