STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.0B | $2.7B | $3.0B | $2.9B | $3.2B | |
| YoY % | -5.5% | +31.5% | +13.3% | -2.5% | +8.7% | |
| P / Sales | 0.3x | 0.5x | 0.2x | 0.2x | 0.2x | |
| EV / Sales | 1.9x | 1.6x | 1.2x | 1.2x | 1.0x | |
| Gross Profit, Adj. | $730.7M | $987.8M | $570.3M | $554.3M | $621.1M | |
| YoY % | -8.8% | +35.2% | -42.3% | -2.8% | +12.0% | |
| Margin % | 36.2% | 37.2% | 19.0% | 18.9% | 19.5% | |
| EV / Gross Profit | 5.1x | 4.4x | 6.5x | 6.2x | 5.1x | |
| EBITDA, Adj. | $441.9M | $582.3M | $915.9M | $774.5M | $846.9M | |
| YoY % | -21.6% | +31.8% | +57.3% | -15.4% | +9.3% | |
| Margin % | 21.9% | 21.9% | 30.5% | 26.4% | 26.6% | |
| EV / EBITDA | 8.5x | 7.4x | 4.0x | 4.4x | 3.8x | |
| EBIT | $-318.2M | $-82.8M | $270.6M | $141.1M | $197.6M | |
| YoY % | +54.6% | +74.0% | +426.9% | -47.9% | +40.1% | |
| Margin % | -15.8% | -3.1% | 9.0% | 4.8% | 6.2% | |
| EV / EBIT | -11.8x | -52.3x | 13.6x | 24.3x | 16.2x | |
| Net Income | $-582.4M | $-360.6M | $-50.2M | $-205.8M | $247.3M | |
| YoY % | +30.5% | +38.1% | +86.1% | -309.6% | +220.2% | |
| Net Margin | -28.9% | -13.6% | -1.7% | -7.0% | 7.8% | |
| EPS (GAAP) | -$76.58 | -$40.52 | -$5.49 | -$22.37 | $17.39 | |
| YoY % | +35.5% | +47.1% | +86.5% | -307.5% | +177.7% |