STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.7B | $2.5B | $2.6B | $2.7B | $2.8B | |
| YoY % | +26.6% | +50.2% | +4.1% | +3.9% | +1.0% | |
| P / Sales | 1.6x | 0.8x | 0.6x | 0.5x | 0.2x | |
| EV / Sales | 4.5x | 2.8x | 2.6x | 2.5x | 1.9x | |
| Gross Profit, Adj. | $997.4M | $1.5B | $1.6B | $1.6B | $1.6B | |
| YoY % | +32.1% | +50.0% | +4.7% | +2.1% | -2.2% | |
| Margin % | 59.1% | 59.0% | 59.3% | 58.2% | 56.4% | |
| EV / Gross Profit | 7.6x | 4.7x | 4.4x | 4.3x | 3.4x | |
| EBITDA, Adj. | $-403.3M | $-76.4M | $188.3M | $385.7M | $439.6M | |
| YoY % | +35.4% | +81.0% | +346.3% | +104.9% | +14.0% | |
| Margin % | -23.9% | -3.0% | 7.1% | 14.1% | 15.9% | |
| EV / EBITDA | -18.8x | -92.3x | 36.5x | 17.9x | 12.0x | |
| EBIT | $-665.5M | $-261.1M | $32.2M | $241.8M | $295.5M | |
| YoY % | +32.6% | +60.8% | +112.3% | +650.5% | +22.2% | |
| Margin % | -39.4% | -10.3% | 1.2% | 8.8% | 10.7% | |
| EV / EBIT | -11.4x | -27.0x | 213.1x | 28.5x | 17.8x | |
| Net Income | $-950.1M | $-456.8M | $-541.9M | $-278.8M | $524.6M | |
| YoY % | +26.5% | +51.9% | -18.6% | +48.6% | +288.2% | |
| Net Margin | -56.3% | -18.0% | -20.5% | -10.2% | 18.9% | |
| EPS (GAAP) | -$2.96 | -$1.40 | -$1.56 | -$0.73 | $1.34 | |
| YoY % | +33.5% | +52.7% | -11.4% | +53.2% | +283.6% |