STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $204.8M | $422.2M | $621.2M | $821.5M | $1.0B | |
| YoY % | — | +106.1% | +47.1% | +32.2% | +21.9% | |
| P / Sales | 38.0x | 9.9x | 12.7x | 9.2x | 4.7x | |
| EV / Sales | 31.8x | 11.0x | 13.5x | 9.8x | 5.6x | |
| Gross Profit, Adj. | $123.1M | $278.0M | $441.9M | $610.4M | $742.1M | |
| YoY % | — | +125.8% | +58.9% | +38.1% | +21.6% | |
| Margin % | 60.1% | 65.8% | 71.1% | 74.3% | 74.1% | |
| EV / Gross Profit | 52.9x | 16.7x | 19.0x | 13.3x | 7.5x | |
| EBITDA, Adj. | $-237.7M | $-336.4M | $-284.1M | $-220.0M | $-176.0M | |
| YoY % | — | -41.6% | +15.6% | +22.6% | +20.0% | |
| Margin % | -116.0% | -79.7% | -45.7% | -26.8% | -17.6% | |
| EV / EBITDA | -27.4x | -13.8x | -29.5x | -36.8x | -31.7x | |
| EBIT | $-267.2M | $-402.6M | $-378.4M | $-329.4M | $-321.3M | |
| YoY % | — | -50.6% | +6.0% | +13.0% | +2.4% | |
| Margin % | -130.5% | -95.4% | -60.9% | -40.1% | -32.1% | |
| EV / EBIT | -24.4x | -11.6x | -22.1x | -24.6x | -17.4x | |
| Net Income | $-271.1M | $-378.7M | $-338.7M | $-288.4M | $-450.7M | |
| YoY % | — | -39.7% | +10.6% | +14.8% | -56.3% | |
| Net Margin | -132.4% | -89.7% | -54.5% | -35.1% | -45.0% | |
| EPS (GAAP) | -$1.56 | -$1.36 | -$1.15 | -$0.92 | -$1.37 | |
| YoY % | — | +12.8% | +15.4% | +20.0% | -48.9% |