STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.9B | $2.2B | $2.8B | $3.6B | $4.9B | |
| YoY % | — | +15.9% | +25.8% | +28.7% | +35.8% | |
| P / Sales | 27.2x | 7.5x | 9.5x | 10.4x | 11.4x | |
| EV / Sales | 27.7x | 8.4x | 11.4x | 12.1x | 13.1x | |
| Gross Profit, Adj. | $1.4B | $1.7B | $2.2B | $2.8B | $3.8B | |
| YoY % | — | +17.9% | +28.2% | +30.3% | +36.3% | |
| Margin % | 74.1% | 75.4% | 76.8% | 77.8% | 78.1% | |
| EV / Gross Profit | 37.4x | 11.1x | 14.8x | 15.6x | 16.7x | |
| EBITDA, Adj. | $-375.7M | $-793.7M | $-1.1B | $-836.9M | $-1.0B | |
| YoY % | — | -111.3% | -32.4% | +20.4% | -20.3% | |
| Margin % | -19.6% | -35.7% | -37.5% | -23.2% | -20.6% | |
| EV / EBITDA | -141.5x | -23.5x | -30.4x | -52.2x | -63.4x | |
| EBIT | $-495.1M | $-923.8M | $-1.3B | $-1.1B | $-1.2B | |
| YoY % | — | -86.6% | -36.3% | +15.5% | -15.9% | |
| Margin % | -25.8% | -41.5% | -45.0% | -29.5% | -25.2% | |
| EV / EBIT | -107.3x | -20.2x | -25.4x | -41.1x | -51.8x | |
| Net Income | $-491.7M | $-924.4M | $-1.2B | $-935.4M | $-1.1B | |
| YoY % | — | -88.0% | -24.6% | +18.8% | -13.9% | |
| Net Margin | -25.6% | -41.5% | -41.2% | -26.0% | -21.8% | |
| EPS (GAAP) | -$0.97 | -$1.55 | -$1.87 | -$1.44 | -$1.54 | |
| YoY % | — | -59.8% | -20.6% | +23.0% | -6.9% |