STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $966.2M | $1.4B | $1.7B | $1.7B | $2.1B | |
| YoY % | — | +40.4% | +22.2% | +4.7% | +22.3% | |
| P / Sales | 2.8x | 1.8x | 1.8x | 1.4x | 1.4x | |
| EV / Sales | 2.7x | 1.8x | 1.8x | 1.4x | 1.5x | |
| Gross Profit, Adj. | $791.5M | $1.2B | $1.5B | $1.5B | $1.9B | |
| YoY % | — | +49.8% | +23.1% | +3.4% | +23.9% | |
| Margin % | 81.9% | 87.4% | 88.1% | 86.9% | 88.1% | |
| EV / Gross Profit | 3.3x | 2.0x | 2.0x | 1.6x | 1.7x | |
| EBITDA, Adj. | $512.9M | $1.0B | $1.3B | $1.4B | $1.7B | |
| YoY % | — | +102.1% | +27.9% | +2.3% | +25.7% | |
| Margin % | 53.1% | 76.4% | 80.0% | 78.1% | 80.3% | |
| EV / EBITDA | 5.0x | 2.3x | 2.2x | 1.8x | 1.9x | |
| EBIT | $510.4M | $1.0B | $1.3B | $1.3B | $1.7B | |
| YoY % | — | +102.2% | +27.8% | +2.3% | +25.6% | |
| Margin % | 52.8% | 76.1% | 79.6% | 77.7% | 79.8% | |
| EV / EBIT | 5.1x | 2.3x | 2.2x | 1.8x | 1.9x | |
| Net Income | $-188.2M | $-8.6M | $23.1M | $14.4M | $22.9M | |
| YoY % | — | +95.4% | +368.8% | -37.7% | +59.3% | |
| Net Margin | -19.5% | -0.6% | 1.4% | 0.8% | 1.1% | |
| EPS (GAAP) | -$1.83 | -$0.08 | $0.19 | $0.11 | $0.18 | |
| YoY % | — | +95.6% | +337.5% | -42.1% | +63.6% |