STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.1B | $1.4B | $2.2B | $1.8B | $1.8B | |
| YoY % | +43.8% | +25.3% | +57.2% | -17.1% | +2.0% | |
| P / Sales | 36.3x | 6.0x | 6.7x | 4.9x | 10.1x | |
| EV / Sales | 37.6x | 7.9x | 7.8x | 5.9x | 10.7x | |
| Gross Profit, Adj. | $856.9M | $948.5M | $1.5B | $1.3B | $1.4B | |
| YoY % | +42.8% | +10.7% | +53.2% | -8.3% | +3.0% | |
| Margin % | 77.2% | 68.2% | 66.5% | 73.5% | 74.2% | |
| EV / Gross Profit | 48.7x | 11.5x | 11.7x | 8.0x | 14.5x | |
| EBITDA, Adj. | $-467.1M | $-670.6M | $-268.9M | $-346.2M | $-18.1M | |
| YoY % | -101.5% | -43.6% | +59.9% | -28.7% | +94.8% | |
| Margin % | -42.1% | -48.2% | -12.3% | -19.1% | -1.0% | |
| EV / EBITDA | -89.4x | -16.3x | -63.2x | -30.9x | -1097.7x | |
| EBIT | $-531.7M | $-882.2M | $-832.8M | $-755.1M | $-479.1M | |
| YoY % | -93.5% | -65.9% | +5.6% | +9.3% | +36.6% | |
| Margin % | -47.9% | -63.4% | -38.1% | -41.6% | -25.9% | |
| EV / EBIT | -78.5x | -12.4x | -20.4x | -14.2x | -41.5x | |
| Net Income | $-532.6M | $-921.1M | $-822.0M | $-664.1M | $-402.8M | |
| YoY % | -88.7% | -72.9% | +10.8% | +19.2% | +39.4% | |
| Net Margin | -48.0% | -66.2% | -37.6% | -36.6% | -21.8% | |
| EPS (GAAP) | -$1.89 | -$2.96 | -$2.16 | -$1.68 | -$0.96 | |
| YoY % | -13.9% | -56.6% | +27.0% | +22.2% | +42.9% |