STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $5.7B | $6.3B | $5.1B | $4.6B | $4.6B | |
| YoY % | +63.7% | +11.4% | -19.2% | -10.0% | -0.6% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $1.1B | $1.3B | $1.0B | $834.2M | $782.2M | |
| YoY % | +84.6% | +14.2% | -22.0% | -18.3% | -6.2% | |
| Margin % | 20.2% | 20.7% | 20.0% | 18.1% | 17.1% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $491.5M | $633.9M | $290.6M | $110.6M | $52.3M | |
| YoY % | +307.2% | +29.0% | -54.2% | -61.9% | -52.7% | |
| Margin % | 8.7% | 10.0% | 5.7% | 2.4% | 1.1% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $435.6M | $574.9M | $228.1M | $31.5M | $-30.8M | |
| YoY % | +574.3% | +32.0% | -60.3% | -86.2% | -197.8% | |
| Margin % | 7.7% | 9.1% | 4.5% | 0.7% | -0.7% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $294.3M | $391.0M | $145.7M | $-8.6M | $-56.4M | |
| YoY % | +547.3% | +32.9% | -62.7% | -105.9% | -555.8% | |
| Net Margin | 5.2% | 6.2% | 2.9% | -0.2% | -1.2% | |
| EPS (GAAP) | $7.56 | $10.21 | $4.10 | -$0.26 | -$1.76 | |
| YoY % | +537.0% | +35.1% | -59.8% | -106.3% | -576.9% |