STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.6B | $2.6B | $2.8B | $3.5B | $4.0B | |
| YoY % | -18.9% | +0.7% | +10.0% | +24.4% | +12.5% | |
| P / Sales | 0.7x | 1.2x | 1.7x | 1.0x | 1.0x | |
| EV / Sales | 4.0x | 4.7x | 4.9x | 3.4x | 2.7x | |
| Gross Profit, Adj. | $859.0M | $896.0M | $846.0M | $1.3B | $1.6B | |
| YoY % | -25.4% | +4.3% | -5.6% | +56.6% | +17.7% | |
| Margin % | 33.6% | 34.8% | 29.9% | 37.6% | 39.3% | |
| EV / Gross Profit | 11.9x | 13.4x | 16.4x | 9.1x | 7.0x | |
| EBITDA, Adj. | $912.0M | $831.0M | $711.0M | $1.1B | $1.4B | |
| YoY % | -23.0% | -8.9% | -14.4% | +56.8% | +22.3% | |
| Margin % | 35.7% | 32.3% | 25.1% | 31.6% | 34.4% | |
| EV / EBITDA | 11.2x | 14.4x | 19.5x | 10.8x | 8.0x | |
| EBIT | $-50.0M | $-21.0M | $-142.0M | $-400.0M | $-2.3B | |
| YoY % | +87.8% | +58.0% | -576.2% | -181.7% | -486.0% | |
| Margin % | -2.0% | -0.8% | -5.0% | -11.4% | -59.1% | |
| EV / EBIT | -205.1x | -570.5x | -97.7x | -30.0x | -4.6x | |
| Net Income | $-592.0M | $-621.0M | $-954.0M | $-512.0M | $-2.9B | |
| YoY % | -4.4% | -4.9% | -53.6% | +46.3% | -469.3% | |
| Net Margin | -23.2% | -24.1% | -33.7% | -14.5% | -73.5% | |
| EPS (GAAP) | -$0.93 | -$0.89 | -$1.24 | -$0.76 | -$3.04 | |
| YoY % | -1.1% | +4.3% | -39.3% | +38.7% | -300.0% |