STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $3.0B | $3.1B | $3.0B | $2.7B | $2.7B | |
| YoY % | +11.2% | +3.7% | -5.3% | -7.4% | -1.9% | |
| P / Sales | 0.9x | 0.2x | 0.1x | 0.2x | 0.1x | |
| EV / Sales | 2.5x | 1.7x | 1.5x | 1.6x | 1.5x | |
| Gross Profit, Adj. | $936.8M | $856.9M | $628.8M | $533.4M | $506.4M | |
| YoY % | -4.8% | -8.5% | -26.6% | -15.2% | -5.1% | |
| Margin % | 31.1% | 27.4% | 21.3% | 19.5% | 18.9% | |
| EV / Gross Profit | 8.0x | 6.1x | 7.1x | 8.3x | 8.2x | |
| EBITDA, Adj. | $520.7M | $389.4M | $231.3M | $121.2M | $197.6M | |
| YoY % | +6.1% | -25.2% | -40.6% | -47.6% | +63.0% | |
| Margin % | 17.3% | 12.5% | 7.8% | 4.4% | 7.4% | |
| EV / EBITDA | 14.5x | 13.4x | 19.3x | 36.4x | 21.0x | |
| EBIT | $-22.4M | $-679.0M | $-899.4M | $-909.1M | $-100.7M | |
| YoY % | -190.7% | -2931.3% | -32.5% | -1.1% | +88.9% | |
| Margin % | -0.7% | -21.7% | -30.4% | -33.2% | -3.7% | |
| EV / EBIT | -336.2x | -7.7x | -5.0x | -4.9x | -41.2x | |
| Net Income | $-218.3M | $-804.8M | $-837.8M | $-858.2M | $-225.8M | |
| YoY % | +11.2% | -268.7% | -4.1% | -2.4% | +73.7% | |
| Net Margin | -7.3% | -25.8% | -28.3% | -31.4% | -8.4% | |
| EPS (GAAP) | -$1.05 | -$3.81 | -$3.89 | -$3.82 | -$0.95 | |
| YoY % | +23.4% | -262.9% | -2.1% | +1.8% | +75.1% |