STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $68.8M | $117.0M | $285.1M | $627.3M | $1.0B | |
| YoY % | — | +70.0% | +143.7% | +120.0% | +64.0% | |
| P / Sales | 191.1x | 132.4x | 73.0x | 19.0x | 7.8x | |
| EV / Sales | 191.1x | 130.7x | 70.6x | 19.5x | 7.6x | |
| Gross Profit, Adj. | $68.8M | $51.6M | $140.9M | $392.7M | $620.8M | |
| YoY % | — | -25.0% | +172.8% | +178.7% | +58.1% | |
| Margin % | 100.0% | 44.1% | 49.4% | 62.6% | 60.3% | |
| EV / Gross Profit | 191.1x | 296.1x | 142.9x | 31.2x | 12.6x | |
| EBITDA, Adj. | $-390.6M | $-422.3M | $-517.4M | $-298.8M | $-127.1M | |
| YoY % | — | -8.1% | -22.5% | +42.2% | +57.5% | |
| Margin % | -567.5% | -360.9% | -181.5% | -47.6% | -12.4% | |
| EV / EBITDA | -33.7x | -36.2x | -38.9x | -41.0x | -61.7x | |
| EBIT | $-400.1M | $-434.9M | $-528.1M | $-309.5M | $-136.5M | |
| YoY % | — | -8.7% | -21.4% | +41.4% | +55.9% | |
| Margin % | -581.3% | -371.7% | -185.2% | -49.3% | -13.3% | |
| EV / EBIT | -32.9x | -35.2x | -38.1x | -39.6x | -57.5x | |
| Net Income | $-403.6M | $-446.3M | $-518.3M | $-177.0M | $-296.8M | |
| YoY % | — | -10.6% | -16.1% | +65.8% | -67.7% | |
| Net Margin | -586.4% | -381.5% | -181.8% | -28.2% | -28.8% | |
| EPS (GAAP) | -$1.43 | -$1.40 | -$1.47 | -$0.48 | -$0.81 | |
| YoY % | — | +2.1% | -5.0% | +67.3% | -68.8% |