STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $17.5B | $31.9B | $37.3B | $44.0B | $52.0B | |
| YoY % | +56.7% | +82.6% | +17.0% | +18.0% | +18.3% | |
| P / Sales | 4.6x | 1.6x | 3.3x | 2.9x | 3.3x | |
| EV / Sales | 5.6x | 2.2x | 3.8x | 3.5x | 3.8x | |
| Gross Profit, Adj. | $8.1B | $12.2B | $14.8B | $17.3B | $20.7B | |
| YoY % | +35.4% | +50.8% | +21.3% | +16.9% | +19.3% | |
| Margin % | 46.4% | 38.3% | 39.8% | 39.4% | 39.8% | |
| EV / Gross Profit | 12.2x | 5.7x | 9.7x | 8.8x | 9.7x | |
| EBITDA, Adj. | $-2.9B | $-885.0M | $1.9B | $3.5B | $6.3B | |
| YoY % | +31.6% | +69.8% | +318.4% | +82.9% | +78.5% | |
| Margin % | -16.8% | -2.8% | 5.2% | 8.0% | 12.1% | |
| EV / EBITDA | -33.6x | -78.5x | 74.2x | 43.2x | 31.7x | |
| EBIT | $-3.8B | $-1.8B | $1.1B | $2.8B | $5.6B | |
| YoY % | +21.2% | +52.2% | +160.6% | +152.2% | +98.8% | |
| Margin % | -22.0% | -5.7% | 3.0% | 6.4% | 10.7% | |
| EV / EBIT | -25.7x | -37.9x | 129.2x | 54.5x | 35.9x | |
| Net Income | $-496.0M | $-9.1B | $1.9B | $9.9B | $10.1B | |
| YoY % | +92.7% | -1742.9% | +120.6% | +422.3% | +2.0% | |
| Net Margin | -2.8% | -28.7% | 5.1% | 22.4% | 19.3% | |
| EPS (GAAP) | -$0.29 | -$4.65 | $0.87 | $4.56 | $4.73 | |
| YoY % | +92.5% | -1503.4% | +118.7% | +424.1% | +3.7% |