STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $2.4B | $2.4B | $2.0B | $3.1B | |
| YoY % | — | -3.0% | -14.1% | +50.3% | |
| P / Sales | 4.4x | 59.1x | 32.7x | 19.4x | |
| EV / Sales | 5.7x | 61.1x | 35.9x | 22.0x | |
| Gross Profit, Adj. | $101.1M | $-410.1M | $-876.2M | $-1.1B | |
| YoY % | — | -505.6% | -113.6% | -23.7% | |
| Margin % | 4.1% | -17.3% | -43.1% | -35.4% | |
| EV / Gross Profit | 137.6x | -352.8x | -83.5x | -62.0x | |
| EBITDA, Adj. | $-1.1B | $-1.4B | $-1.8B | $-2.0B | |
| YoY % | — | -18.2% | -29.8% | -11.3% | |
| Margin % | -46.9% | -57.2% | -86.4% | -64.0% | |
| EV / EBITDA | -12.1x | -106.8x | -41.6x | -34.3x | |
| EBIT | $-1.3B | $-1.5B | $-1.8B | $-2.0B | |
| YoY % | — | -14.2% | -23.4% | -10.8% | |
| Margin % | -52.7% | -62.1% | -89.1% | -65.7% | |
| EV / EBIT | -10.8x | -98.5x | -40.3x | -33.4x | |
| Net Income | $-479.0M | $-1.2B | $-2.0B | $-2.4B | |
| YoY % | — | -146.7% | -73.4% | -15.0% | |
| Net Margin | -19.6% | -49.9% | -100.8% | -77.1% | |
| EPS (GAAP) | -$7.20 | -$0.56 | -$0.97 | -$0.85 | |
| YoY % | — | +92.2% | -73.2% | +12.4% |