STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $4.1B | $4.6B | $4.6B | $5.4B | $5.9B | |
| YoY % | +64.2% | +11.8% | +0.1% | +16.4% | +10.6% | |
| P / Sales | 17.8x | 3.1x | 5.7x | 3.3x | 2.3x | |
| EV / Sales | 18.2x | 4.0x | 6.5x | 4.2x | 3.0x | |
| Gross Profit, Adj. | $2.4B | $2.8B | $2.5B | $2.9B | $3.3B | |
| YoY % | +78.7% | +17.7% | -10.6% | +15.9% | +13.0% | |
| Margin % | 57.5% | 60.6% | 54.1% | 53.9% | 55.0% | |
| EV / Gross Profit | 31.7x | 6.6x | 12.0x | 7.7x | 5.5x | |
| EBITDA, Adj. | $-582.9M | $-1.2B | $-1.2B | $-629.2M | $-368.5M | |
| YoY % | +24.8% | -104.7% | -3.1% | +48.8% | +41.4% | |
| Margin % | -14.2% | -25.9% | -26.7% | -11.7% | -6.2% | |
| EV / EBITDA | -128.8x | -15.3x | -24.2x | -35.5x | -49.0x | |
| EBIT | $-702.1M | $-1.4B | $-1.4B | $-787.3M | $-532.2M | |
| YoY % | +18.6% | -98.7% | -0.2% | +43.7% | +32.4% | |
| Margin % | -17.1% | -30.3% | -30.4% | -14.7% | -9.0% | |
| EV / EBIT | -106.9x | -13.1x | -21.3x | -28.3x | -33.9x | |
| Net Income | $-488.0M | $-1.4B | $-1.3B | $-697.9M | $-460.5M | |
| YoY % | +48.4% | -193.0% | +7.5% | +47.2% | +34.0% | |
| Net Margin | -11.9% | -31.1% | -28.7% | -13.0% | -7.8% | |
| EPS (GAAP) | -$0.31 | -$0.89 | -$0.82 | -$0.42 | -$0.27 | |
| YoY % | +52.3% | -187.1% | +7.9% | +48.8% | +35.7% |