STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.6B | $2.0B | $2.2B | $2.4B | $2.5B | |
| YoY % | +34.7% | +24.7% | +10.8% | +9.0% | +4.8% | |
| P / Sales | 10.8x | 1.7x | 1.4x | 1.3x | 1.0x | |
| EV / Sales | 11.9x | 2.7x | 2.3x | 2.1x | 1.7x | |
| Gross Profit, Adj. | $1.1B | $1.3B | $1.5B | $1.7B | $1.8B | |
| YoY % | +33.3% | +17.5% | +14.2% | +10.2% | +5.7% | |
| Margin % | 71.9% | 67.7% | 69.8% | 70.6% | 71.2% | |
| EV / Gross Profit | 16.5x | 4.0x | 3.3x | 3.0x | 2.4x | |
| EBITDA, Adj. | $-102.3M | $-4.0M | $35.1M | $225.3M | $343.2M | |
| YoY % | -1168.2% | +96.1% | +969.3% | +541.3% | +52.3% | |
| Margin % | -6.4% | -0.2% | 1.6% | 9.4% | 13.6% | |
| EV / EBITDA | -185.3x | -1331.4x | 145.6x | 22.7x | 12.7x | |
| EBIT | $-301.8M | $-649.5M | $-198.8M | $2.7M | $120.6M | |
| YoY % | -166.5% | -115.2% | +69.4% | +101.3% | +4415.0% | |
| Margin % | -18.9% | -32.7% | -9.0% | 0.1% | 4.8% | |
| EV / EBIT | -62.8x | -8.3x | -25.7x | 1915.1x | 36.3x | |
| Net Income | $-376.3M | $-879.2M | $-165.2M | $-58.3M | $43.4M | |
| YoY % | -353.3% | -133.7% | +81.2% | +64.7% | +174.4% | |
| Net Margin | -23.6% | -44.2% | -7.5% | -2.4% | 1.7% | |
| EPS (GAAP) | -$4.10 | -$9.23 | -$1.74 | -$0.63 | $0.48 | |
| YoY % | -336.2% | -125.1% | +81.1% | +63.8% | +176.2% |