STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $3.6B | $3.5B | $2.9B | $3.1B | $2.9B | |
| YoY % | +29.5% | -3.3% | -17.5% | +7.9% | -5.7% | |
| P / Sales | 1.1x | 0.6x | 0.8x | 0.5x | 0.2x | |
| EV / Sales | 2.1x | 1.7x | 2.1x | 1.8x | 1.8x | |
| Gross Profit, Adj. | $895.0M | $832.0M | $462.0M | $515.0M | $269.0M | |
| YoY % | +44.1% | -7.0% | -44.5% | +11.5% | -47.8% | |
| Margin % | 25.1% | 24.1% | 16.2% | 16.8% | 9.3% | |
| EV / Gross Profit | 8.4x | 7.1x | 13.1x | 11.0x | 19.4x | |
| EBITDA, Adj. | $874.0M | $812.0M | $461.0M | $504.0M | $281.0M | |
| YoY % | +51.2% | -7.1% | -43.2% | +9.3% | -44.2% | |
| Margin % | 24.5% | 23.5% | 16.2% | 16.4% | 9.7% | |
| EV / EBITDA | 8.6x | 7.3x | 13.1x | 11.3x | 18.6x | |
| EBIT | $577.0M | $458.0M | $186.0M | $219.0M | $-253.0M | |
| YoY % | +112.9% | -20.6% | -59.4% | +17.7% | -215.5% | |
| Margin % | 16.2% | 13.3% | 6.5% | 7.1% | -8.7% | |
| EV / EBIT | 13.0x | 12.9x | 32.5x | 26.0x | -20.7x | |
| Net Income | $286.0M | $497.0M | $-316.0M | $-48.0M | $-470.0M | |
| YoY % | -70.5% | +73.8% | -163.6% | +84.8% | -879.2% | |
| Net Margin | 8.0% | 14.4% | -11.1% | -1.6% | -16.2% | |
| EPS (GAAP) | $1.81 | $3.16 | -$2.02 | -$0.31 | -$2.97 | |
| YoY % | -72.9% | +74.6% | -163.9% | +84.7% | -858.1% |