STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.4B | $2.6B | $4.1B | $5.4B | $4.8B | |
| YoY % | +20.7% | +95.1% | +56.6% | +29.7% | -10.3% | |
| P / Sales | 1.2x | 1.3x | 0.7x | 0.6x | 0.5x | |
| EV / Sales | 2.1x | 1.8x | 1.3x | 1.0x | 0.9x | |
| Gross Profit, Adj. | $275.1M | $801.0M | $1.3B | $1.5B | $1.2B | |
| YoY % | -14.6% | +191.1% | +66.7% | +9.2% | -19.7% | |
| Margin % | 20.3% | 30.3% | 32.2% | 27.1% | 24.2% | |
| EV / Gross Profit | 10.5x | 6.0x | 4.1x | 3.7x | 3.6x | |
| EBITDA, Adj. | $183.5M | $697.0M | $1.2B | $1.2B | $900.5M | |
| YoY % | -13.5% | +279.9% | +69.5% | +1.6% | -25.0% | |
| Margin % | 13.5% | 26.3% | 28.5% | 22.3% | 18.7% | |
| EV / EBITDA | 15.7x | 6.9x | 4.6x | 4.5x | 4.7x | |
| EBIT | $-665.7M | $211.0M | $352.0M | $-889.7M | $-40.8M | |
| YoY % | +25.4% | +131.7% | +66.8% | -352.8% | +95.4% | |
| Margin % | -49.1% | 8.0% | 8.5% | -16.5% | -0.8% | |
| EV / EBIT | -4.3x | 22.7x | 15.5x | -6.1x | -104.5x | |
| Net Income | $-654.5M | $154.7M | $246.3M | $-968.0M | $-93.6M | |
| YoY % | +18.6% | +123.6% | +59.2% | -493.0% | +90.3% | |
| Net Margin | -48.2% | 5.8% | 5.9% | -18.0% | -1.9% | |
| EPS (GAAP) | -$3.36 | $0.70 | $0.88 | -$2.44 | -$0.24 | |
| YoY % | +21.3% | +120.8% | +25.7% | -377.3% | +90.2% |