STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $892.3M | $1.1B | $1.3B | $1.4B | $1.6B | |
| YoY % | — | +18.6% | +23.6% | +9.3% | +12.7% | |
| P / Sales | 18.6x | 8.0x | 9.9x | 5.6x | 4.2x | |
| EV / Sales | 17.4x | 7.4x | 9.8x | 5.7x | 4.4x | |
| Gross Profit, Adj. | $723.4M | $878.5M | $1.1B | $1.2B | $1.3B | |
| YoY % | — | +21.4% | +26.6% | +6.3% | +13.3% | |
| Margin % | 81.1% | 83.0% | 85.0% | 82.7% | 83.2% | |
| EV / Gross Profit | 21.4x | 8.9x | 11.5x | 6.9x | 5.3x | |
| EBITDA, Adj. | $-438.1M | $-269.7M | $-66.7M | $-53.2M | $183.1M | |
| YoY % | — | +38.4% | +75.3% | +20.1% | +443.8% | |
| Margin % | -49.1% | -25.5% | -5.1% | -3.7% | 11.4% | |
| EV / EBITDA | -35.4x | -29.0x | -192.6x | -152.2x | 38.5x | |
| EBIT | $-500.9M | $-348.3M | $-164.7M | $-162.6M | $56.8M | |
| YoY % | — | +30.5% | +52.7% | +1.3% | +134.9% | |
| Margin % | -56.1% | -32.9% | -12.6% | -11.4% | 3.5% | |
| EV / EBIT | -30.9x | -22.5x | -77.9x | -49.8x | 124.3x | |
| Net Income | $-525.6M | $-328.4M | $-89.9M | $-73.7M | $282.3M | |
| YoY % | — | +37.5% | +72.6% | +18.0% | +483.1% | |
| Net Margin | -58.9% | -31.0% | -6.9% | -5.2% | 17.5% | |
| EPS (GAAP) | -$1.16 | -$0.60 | -$0.16 | -$0.13 | $0.52 | |
| YoY % | — | +48.3% | +73.3% | +18.8% | +500.0% |