STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $3.6B | $5.0B | $3.5B | $3.0B | $2.8B | |
| YoY % | +54.1% | +36.6% | -29.6% | -14.8% | -5.9% | |
| P / Sales | 0.7x | 0.4x | 0.6x | 0.6x | 0.4x | |
| EV / Sales | 0.8x | 0.6x | 0.9x | 0.8x | 0.6x | |
| Gross Profit, Adj. | $650.4M | $929.3M | $586.1M | $433.5M | $365.1M | |
| YoY % | +107.8% | +42.9% | -36.9% | -26.0% | -15.8% | |
| Margin % | 17.9% | 18.7% | 16.8% | 14.6% | 13.0% | |
| EV / Gross Profit | 4.7x | 3.0x | 5.1x | 5.8x | 4.8x | |
| EBITDA, Adj. | $440.0M | $637.1M | $329.9M | $166.1M | $95.7M | |
| YoY % | +189.7% | +44.8% | -48.2% | -49.7% | -42.4% | |
| Margin % | 12.1% | 12.9% | 9.5% | 5.6% | 3.4% | |
| EV / EBITDA | 6.9x | 4.4x | 9.1x | 15.0x | 18.3x | |
| EBIT | $407.4M | $583.5M | $300.7M | $100.2M | $57.2M | |
| YoY % | +258.1% | +43.2% | -48.5% | -66.7% | -42.9% | |
| Margin % | 11.2% | 11.8% | 8.6% | 3.4% | 2.0% | |
| EV / EBIT | 7.5x | 4.8x | 10.0x | 24.9x | 30.6x | |
| Net Income | $281.9M | $390.6M | $215.9M | $13.0M | $25.7M | |
| YoY % | +358.8% | +38.6% | -44.7% | -94.0% | +97.7% | |
| Net Margin | 7.8% | 7.9% | 6.2% | 0.4% | 0.9% | |
| EPS (GAAP) | $8.28 | $11.84 | $6.23 | $0.44 | $0.91 | |
| YoY % | +350.0% | +43.0% | -47.4% | -92.9% | +106.8% |