STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $5.5B | $7.2B | $8.6B | $8.9B | $8.7B | |
| YoY % | -9.3% | +31.0% | +18.6% | +3.3% | -1.4% | |
| P / Sales | 0.9x | 1.1x | 0.9x | 0.7x | 0.7x | |
| EV / Sales | 1.5x | 1.6x | 1.4x | 1.1x | 1.1x | |
| Gross Profit, Adj. | $774.0M | $1.3B | $1.8B | $2.0B | $1.8B | |
| YoY % | +78.3% | +72.4% | +37.4% | +9.7% | -12.1% | |
| Margin % | 14.0% | 18.4% | 21.4% | 22.7% | 20.2% | |
| EV / Gross Profit | 10.5x | 8.8x | 6.7x | 4.7x | 5.3x | |
| EBITDA, Adj. | $172.0M | $565.0M | $953.0M | $1.2B | $919.0M | |
| YoY % | +194.5% | +228.5% | +68.7% | +27.9% | -24.6% | |
| Margin % | 3.1% | 7.8% | 11.1% | 13.7% | 10.5% | |
| EV / EBITDA | 47.2x | 20.8x | 12.8x | 7.8x | 10.1x | |
| EBIT | $-134.0M | $264.0M | $651.0M | $876.0M | $494.0M | |
| YoY % | +94.5% | +297.0% | +146.6% | +34.6% | -43.6% | |
| Margin % | -2.4% | 3.6% | 7.6% | 9.9% | 5.6% | |
| EV / EBIT | -60.6x | 44.5x | 18.8x | 10.8x | 18.8x | |
| Net Income | $-250.0M | $155.0M | $993.0M | $635.0M | $145.0M | |
| YoY % | +90.2% | +162.0% | +540.6% | -36.1% | -77.2% | |
| Net Margin | -4.5% | 2.1% | 11.6% | 7.2% | 1.7% | |
| EPS (GAAP) | -$0.65 | $0.39 | $2.50 | $1.60 | $0.39 | |
| YoY % | +90.2% | +160.0% | +541.0% | -36.0% | -75.6% |