STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.9B | $1.3B | $1.1B | $1.2B | $1.3B | |
| YoY % | -35.5% | -32.5% | -10.5% | +5.4% | +5.9% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $393.5M | $334.1M | $320.7M | $322.8M | $398.1M | |
| YoY % | -33.6% | -15.1% | -4.0% | +0.7% | +23.3% | |
| Margin % | 21.0% | 26.5% | 28.4% | 27.1% | 31.5% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $188.4M | $153.9M | $130.4M | $143.5M | $184.9M | |
| YoY % | -37.3% | -18.3% | -15.3% | +10.0% | +28.9% | |
| Margin % | 10.1% | 12.2% | 11.5% | 12.0% | 14.7% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-171.9M | $82.8M | $94.2M | $98.7M | $139.4M | |
| YoY % | -210.6% | +148.1% | +13.8% | +4.8% | +41.3% | |
| Margin % | -9.2% | 6.6% | 8.3% | 8.3% | 11.0% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-450.9M | $-42.8M | $89.6M | $512.4M | $40.9M | |
| YoY % | -1432.0% | +90.5% | +309.5% | +471.9% | -92.0% | |
| Net Margin | -24.1% | -3.4% | 7.9% | 43.0% | 3.2% | |
| EPS (GAAP) | -$8.55 | -$0.66 | $1.20 | $6.92 | $0.52 | |
| YoY % | -1374.1% | +92.3% | +281.8% | +476.7% | -92.5% |