STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $625.5M | $820.2M | $1.1B | $1.7B | $2.3B | |
| YoY % | +60.0% | +31.1% | +32.0% | +56.7% | +35.9% | |
| P / Sales | 13.5x | 4.6x | 6.6x | 11.6x | 13.6x | |
| EV / Sales | 14.3x | 4.9x | 6.6x | 11.4x | 13.4x | |
| Gross Profit, Adj. | $307.1M | $364.0M | $492.7M | $1.0B | $1.5B | |
| YoY % | +63.9% | +18.5% | +35.4% | +107.6% | +45.9% | |
| Margin % | 49.1% | 44.4% | 45.5% | 60.3% | 64.7% | |
| EV / Gross Profit | 29.2x | 11.0x | 14.5x | 18.8x | 20.7x | |
| EBITDA, Adj. | $-449.1M | $-524.3M | $-422.1M | $-191.3M | $-268.1M | |
| YoY % | -122.4% | -16.8% | +19.5% | +54.7% | -40.2% | |
| Margin % | -71.8% | -63.9% | -39.0% | -11.3% | -11.6% | |
| EV / EBITDA | -19.9x | -7.6x | -16.9x | -100.7x | -115.4x | |
| EBIT | $-468.2M | $-541.0M | $-446.2M | $-222.3M | $-309.9M | |
| YoY % | -116.5% | -15.6% | +17.5% | +50.2% | -39.4% | |
| Margin % | -74.8% | -66.0% | -41.2% | -13.1% | -13.4% | |
| EV / EBIT | -19.1x | -7.4x | -16.0x | -86.7x | -99.8x | |
| Net Income | $-471.7M | $-547.8M | $-434.8M | $-190.4M | $-208.2M | |
| YoY % | -105.3% | -16.1% | +20.6% | +56.2% | -9.3% | |
| Net Margin | -75.4% | -66.8% | -40.2% | -11.2% | -9.0% | |
| EPS (GAAP) | -$5.21 | -$5.57 | -$3.78 | -$1.53 | -$1.52 | |
| YoY % | -83.5% | -6.9% | +32.1% | +59.5% | +0.7% |