STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $3.6B | $5.2B | $7.1B | $15.0B | $22.0B | |
| YoY % | +6.5% | +46.1% | +37.1% | +110.4% | +46.6% | |
| P / Sales | 0.5x | 0.4x | 2.0x | 3.3x | 1.4x | |
| EV / Sales | 0.8x | 0.7x | 2.1x | 3.4x | 1.5x | |
| Gross Profit, Adj. | $534.5M | $800.0M | $1.3B | $2.1B | $2.4B | |
| YoY % | +1.6% | +49.7% | +60.4% | +60.7% | +17.9% | |
| Margin % | 15.0% | 15.4% | 18.0% | 13.8% | 11.1% | |
| EV / Gross Profit | 5.2x | 4.6x | 11.9x | 25.1x | 13.7x | |
| EBITDA, Adj. | $152.1M | $367.6M | $796.0M | $1.2B | $1.3B | |
| YoY % | +33.3% | +141.7% | +116.5% | +57.0% | +5.0% | |
| Margin % | 4.3% | 7.1% | 11.2% | 8.3% | 6.0% | |
| EV / EBITDA | 18.4x | 10.0x | 19.1x | 41.3x | 25.4x | |
| EBIT | $123.9M | $335.2M | $761.1M | $1.2B | $1.3B | |
| YoY % | +44.7% | +170.4% | +127.1% | +59.1% | +3.5% | |
| Margin % | 3.5% | 6.5% | 10.7% | 8.1% | 5.7% | |
| EV / EBIT | 22.6x | 11.0x | 20.0x | 42.7x | 26.6x | |
| Net Income | $111.9M | $285.2M | $640.0M | $1.2B | $1.0B | |
| YoY % | +32.7% | +154.9% | +124.4% | +80.1% | -9.0% | |
| Net Margin | 3.1% | 5.5% | 9.0% | 7.7% | 4.8% | |
| EPS (GAAP) | $0.21 | $0.53 | $1.14 | $1.92 | $1.68 | |
| YoY % | +31.2% | +152.4% | +115.1% | +68.4% | -12.5% |