STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.5B | $4.1B | $4.7B | $4.3B | $4.0B | |
| YoY % | +155.8% | +67.9% | +14.4% | -9.1% | -7.2% | |
| P / Sales | 0.7x | 0.7x | 0.7x | 0.8x | 0.8x | |
| EV / Sales | 1.0x | 0.9x | 0.9x | 1.1x | 1.1x | |
| Gross Profit, Adj. | $220.9M | $1.0B | $1.4B | $1.1B | $838.0M | |
| YoY % | +104.9% | +352.9% | +39.8% | -20.3% | -24.8% | |
| Margin % | 8.9% | 24.1% | 29.5% | 25.8% | 20.9% | |
| EV / Gross Profit | 11.2x | 3.8x | 3.1x | 4.2x | 5.4x | |
| EBITDA, Adj. | $82.3M | $814.3M | $1.2B | $889.2M | $589.7M | |
| YoY % | +3009.6% | +889.3% | +44.3% | -24.3% | -33.7% | |
| Margin % | 3.3% | 19.6% | 24.7% | 20.6% | 14.7% | |
| EV / EBITDA | 30.1x | 4.7x | 3.7x | 5.2x | 7.6x | |
| EBIT | $-180.4M | $491.3M | $753.6M | $384.1M | $89.4M | |
| YoY % | -1.7% | +372.3% | +53.4% | -49.0% | -76.7% | |
| Margin % | -7.3% | 11.8% | 15.9% | 8.9% | 2.2% | |
| EV / EBIT | -13.7x | 7.7x | 5.8x | 12.1x | 50.4x | |
| Net Income | $-179.2M | $399.6M | $556.3M | $316.0M | $147.9M | |
| YoY % | -55.1% | +322.9% | +39.2% | -43.2% | -53.2% | |
| Net Margin | -7.3% | 9.6% | 11.7% | 7.3% | 3.7% | |
| EPS (GAAP) | -$1.03 | $2.11 | $3.15 | $1.87 | $0.89 | |
| YoY % | +24.3% | +304.9% | +49.3% | -40.6% | -52.4% |