STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $873.8M | $1.3B | $1.7B | $2.0B | $2.5B | |
| YoY % | +48.0% | +47.0% | +31.1% | +19.2% | +22.8% | |
| P / Sales | 29.9x | 11.4x | 17.0x | 10.2x | 12.3x | |
| EV / Sales | 31.4x | 12.5x | 17.5x | 10.2x | 12.2x | |
| Gross Profit, Adj. | $614.3M | $934.7M | $1.3B | $1.5B | $1.8B | |
| YoY % | +48.6% | +52.2% | +34.6% | +16.9% | +20.2% | |
| Margin % | 70.3% | 72.8% | 74.8% | 73.3% | 71.7% | |
| EV / Gross Profit | 44.7x | 17.2x | 23.5x | 14.0x | 17.0x | |
| EBITDA, Adj. | $-264.9M | $-326.6M | $-246.2M | $-214.2M | $-110.4M | |
| YoY % | -35.8% | -23.3% | +24.6% | +13.0% | +48.4% | |
| Margin % | -30.3% | -25.4% | -14.6% | -10.7% | -4.5% | |
| EV / EBITDA | -103.7x | -49.3x | -120.0x | -95.9x | -271.8x | |
| EBIT | $-289.4M | $-346.7M | $-233.7M | $-216.1M | $-137.0M | |
| YoY % | -38.3% | -19.8% | +32.6% | +7.6% | +36.6% | |
| Margin % | -33.1% | -27.0% | -13.9% | -10.8% | -5.6% | |
| EV / EBIT | -94.9x | -46.4x | -126.4x | -95.0x | -219.0x | |
| Net Income | $-306.9M | $-345.4M | $-176.6M | $-129.1M | $-71.2M | |
| YoY % | -15.0% | -12.6% | +48.9% | +26.9% | +44.9% | |
| Net Margin | -35.1% | -26.9% | -10.5% | -6.4% | -2.9% | |
| EPS (GAAP) | -$4.75 | -$5.03 | -$2.48 | -$1.73 | -$0.88 | |
| YoY % | -4.9% | -5.9% | +50.7% | +30.2% | +49.1% |