STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $665.3M | $1.2B | $1.2B | $1.6B | $2.5B | |
| YoY % | +59.9% | +78.5% | -1.6% | +41.0% | +50.2% | |
| P / Sales | 0.7x | 1.2x | 2.4x | 3.4x | 2.1x | |
| EV / Sales | 0.7x | 2.0x | 3.4x | 4.5x | 3.8x | |
| Gross Profit, Adj. | $558.2M | $1.1B | $1.1B | $1.5B | $2.3B | |
| YoY % | +85.1% | +88.9% | +1.9% | +42.6% | +49.4% | |
| Margin % | 83.9% | 88.8% | 91.9% | 92.9% | 92.4% | |
| EV / Gross Profit | 0.9x | 2.2x | 3.7x | 4.8x | 4.1x | |
| EBITDA, Adj. | $177.4M | $737.3M | $756.2M | $1.0B | $1.5B | |
| YoY % | +5.9% | +315.5% | +2.6% | +37.3% | +48.7% | |
| Margin % | 26.7% | 62.1% | 64.7% | 63.0% | 62.4% | |
| EV / EBITDA | 2.8x | 3.2x | 5.2x | 7.2x | 6.0x | |
| EBIT | $177.4M | $502.4M | $479.8M | $600.6M | $805.3M | |
| YoY % | +1113.9% | +183.2% | -4.5% | +25.2% | +34.1% | |
| Margin % | 26.7% | 42.3% | 41.1% | 36.5% | 32.5% | |
| EV / EBIT | 2.8x | 4.7x | 8.3x | 12.4x | 11.5x | |
| Net Income | $50.6M | $269.5M | $397.0M | $477.5M | $719.1M | |
| YoY % | +254.8% | +432.2% | +47.3% | +20.3% | +50.6% | |
| Net Margin | 7.6% | 22.7% | 34.0% | 29.0% | 29.1% | |
| EPS (GAAP) | $0.54 | $2.76 | $4.00 | $4.63 | $6.71 | |
| YoY % | +231.7% | +411.1% | +44.9% | +15.7% | +44.9% |