STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $732.6M | $989.4M | $766.7M | $770.5M | $1.2B | |
| YoY % | — | +35.1% | -22.5% | +0.5% | +53.1% | |
| P / Sales | 11.4x | 4.1x | 11.9x | 22.0x | 27.8x | |
| EV / Sales | 16.8x | 16.3x | 39.9x | 57.3x | 57.6x | |
| Gross Profit, Adj. | $475.6M | $676.2M | $386.7M | $308.9M | $570.8M | |
| YoY % | — | +42.2% | -42.8% | -20.1% | +84.8% | |
| Margin % | 64.9% | 68.3% | 50.4% | 40.1% | 48.4% | |
| EV / Gross Profit | 25.9x | 23.8x | 79.0x | 142.9x | 119.2x | |
| EBITDA, Adj. | $-631.9M | $-751.5M | $-1.2B | $-1.5B | $-1.7B | |
| YoY % | — | -18.9% | -60.8% | -21.4% | -14.0% | |
| Margin % | -86.2% | -75.9% | -157.6% | -190.5% | -141.9% | |
| EV / EBITDA | -19.5x | -21.4x | -25.3x | -30.1x | -40.6x | |
| EBIT | $-733.4M | $-902.8M | $-1.7B | $-1.7B | $-1.9B | |
| YoY % | — | -23.1% | -83.6% | -0.8% | -14.2% | |
| Margin % | -100.1% | -91.2% | -216.1% | -216.9% | -161.7% | |
| EV / EBIT | -16.8x | -17.8x | -18.4x | -26.4x | -35.7x | |
| Net Income | $-524.4M | $-360.8M | $-341.2M | $479.1M | $481.3M | |
| YoY % | — | +31.2% | +5.4% | +240.4% | +0.5% | |
| Net Margin | -71.6% | -36.5% | -44.5% | 62.2% | 40.8% | |
| EPS (GAAP) | -$1.00 | -$0.40 | -$0.36 | $0.39 | $0.39 | |
| YoY % | — | +60.0% | +10.0% | +208.3% | — |