STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $10.0B | $12.4B | $13.1B | $16.8B | $22.9B | |
| YoY % | +127.5% | +25.1% | +4.9% | +28.8% | +36.4% | |
| P / Sales | 12.0x | 2.4x | 1.7x | 3.8x | 3.5x | |
| EV / Sales | 12.2x | 2.8x | 2.5x | 4.5x | 4.1x | |
| Gross Profit, Adj. | $3.9B | $5.2B | $5.8B | $7.2B | $10.2B | |
| YoY % | +188.8% | +33.1% | +12.5% | +23.5% | +42.2% | |
| Margin % | 39.1% | 41.6% | 44.7% | 42.8% | 44.7% | |
| EV / Gross Profit | 31.1x | 6.7x | 5.5x | 10.5x | 9.2x | |
| EBITDA, Adj. | $-1.3B | $-704.2M | $783.5M | $1.1B | $2.4B | |
| YoY % | -16.2% | +46.0% | +211.3% | +34.2% | +124.1% | |
| Margin % | -13.1% | -5.7% | 6.0% | 6.3% | 10.3% | |
| EV / EBITDA | -93.0x | -49.3x | 41.1x | 72.2x | 39.9x | |
| EBIT | $-1.6B | $-1.5B | $224.8M | $662.2M | $2.0B | |
| YoY % | -21.5% | +6.0% | +115.1% | +194.6% | +199.8% | |
| Margin % | -15.9% | -11.9% | 1.7% | 3.9% | 8.7% | |
| EV / EBIT | -76.6x | -23.3x | 143.4x | 114.6x | 47.3x | |
| Net Income | $-2.0B | $-1.7B | $150.7M | $444.3M | $1.6B | |
| YoY % | -26.5% | +19.3% | +109.1% | +194.8% | +255.2% | |
| Net Margin | -20.6% | -13.3% | 1.2% | 2.6% | 6.9% | |
| EPS (GAAP) | -$3.84 | -$2.96 | $0.25 | $0.74 | $2.52 | |
| YoY % | -13.3% | +22.9% | +108.4% | +196.0% | +240.5% |