STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $685.4M | $772.8M | $1.0B | $1.3B | |
| YoY % | — | +12.8% | +30.0% | +25.6% | |
| P / Sales | 0.7x | 1.2x | 0.7x | 1.4x | |
| EV / Sales | 0.7x | 1.6x | 1.2x | 2.0x | |
| Gross Profit, Adj. | $234.3M | $263.9M | $406.9M | $512.2M | |
| YoY % | — | +12.6% | +54.2% | +25.9% | |
| Margin % | 34.2% | 34.1% | 40.5% | 40.6% | |
| EV / Gross Profit | 2.0x | 4.6x | 3.1x | 4.8x | |
| EBITDA, Adj. | $-308.7M | $-44.5M | $71.6M | $265.1M | |
| YoY % | — | +85.6% | +260.9% | +270.1% | |
| Margin % | -45.0% | -5.8% | 7.1% | 21.0% | |
| EV / EBITDA | -1.5x | -27.3x | 17.4x | 9.3x | |
| EBIT | $-315.0M | $-63.6M | $39.1M | $223.8M | |
| YoY % | — | +79.8% | +161.5% | +471.8% | |
| Margin % | -46.0% | -8.2% | 3.9% | 17.7% | |
| EV / EBIT | -1.5x | -19.1x | 31.8x | 11.0x | |
| Net Income | $-314.5M | $-128.4M | $-401.4M | $77.3M | |
| YoY % | — | +59.2% | -212.5% | +119.3% | |
| Net Margin | -45.9% | -16.6% | -40.0% | 6.1% | |
| EPS (GAAP) | -$8.22 | -$2.14 | -$5.66 | $0.93 | |
| YoY % | — | +74.0% | -164.5% | +116.4% |