A 
216.87
+13.72%
Close of 9 Nov 2026, in USD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$852.5m
FY2022FY2025
Net income
$219.1m
FY2022FY2025
Free cash flow
$281.8m
FY2022FY2025
Shareholders' equity
$1.36bn
FY2022FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Revenue | $852.5m | $396.3m | $115.8m | $79.9m |
| Gross profit | $645.3m | $302.7m | $79.8m | $58.7m |
| Research and development | $304.0m | $200.8m | $73.4m | $73.7m |
| Operating income | $173.4m | −$116.1m | −$29.5m | −$60.2m |
| Net income | $219.1m | −$83.4m | −$26.3m | −$58.3m |
| Diluted earnings per share | 1.21 | -0.47 | -0.17 | -1.71 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Total assets | $1.53bn | $1.05bn | $196.3m | $211.7m |
| Cash and short-term investments | $1.19bn | $914.3m | $149.3m | $163.1m |
| Total liabilities | $168.2m | $89.7m | $38.9m | $297.0m |
| Shareholders' equity | $1.36bn | $964.8m | $157.4m | −$85.3m |
| Shares outstanding | 181m | 178m | 153m | 34m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Cash from operations | $319.3m | $136.7m | −$12.7m | −$35.9m |
| Capital spending | −$37.5m | −$34.2m | −$2.8m | −$3.9m |
| Free cash flow | $281.8m | $102.4m | −$15.5m | −$39.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $392.4m | $308.4m | $270.6m | $230.6m | $191.9m | $159.4m | $141.1m | $113.1m |
| Gross profit | $287.6m | $235.1m | $204.5m | $175.8m | $145.6m | $119.4m | $104.4m | $87.9m |
| Operating income | $89.2m | $61.8m | $67.0m | $55.4m | $39.8m | $11.3m | $144,000 | −$8.9m |
| Net income | $153.1m | $80.3m | $45.0m | $91.1m | $51.2m | $31.8m | $24.7m | −$7.6m |
| Diluted earnings per share | 0.84 | 0.44 | 0.25 | 0.50 | 0.28 | 0.18 | 0.14 | -0.04 |
| Cash from operations | $87.0m | $74.0m | $95.0m | $78.0m | $135.0m | $10.0m | $39.0m | $63.0m |
| Capital spending | −$20.0m | −$7.0m | −$18.0m | −$12.0m | −$2.0m | −$4.0m | −$15.0m | −$16.0m |
| Free cash flow | $67.0m | $67.0m | $77.0m | $66.0m | $133.0m | $6.0m | $24.0m | $47.0m |
| Total assets | $1.93bn | $1.66bn | $1.53bn | $1.40bn | $1.27bn | $1.12bn | $1.05bn | $983.1m |
| Cash and short-term investments | $1.25bn | $1.18bn | $1.19bn | $1.13bn | $1.07bn | $924.7m | $914.3m | $886.8m |
| Debt | — | $5.7m | — | $4.4m | $4.7m | — | $1.3m | — |
| Shareholders' equity | $1.73bn | $1.49bn | $1.36bn | $1.27bn | $1.14bn | $1.04bn | $964.8m | $889.6m |
Financial ratios
Data as of 25 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Gross margin | 75.7% | 76.4% | 68.9% | 73.5% |
| Operating margin | 20.3% | -29.3% | -25.5% | -75.4% |
| Net margin | 25.7% | -21.1% | -22.7% | -73.0% |
| Return on equity | 16.1% | -8.6% | -16.7% | 68.4% |
| Return on assets | 14.3% | -7.9% | -13.4% | -27.6% |
| Free cash flow yield | 0.5% | 0.3% | -0.0% | -0.3% |
| Revenue growth | 115.1% | 242.2% | 45.0% | — |
| Earnings growth | -362.7% | 217.7% | -55.0% | — |
| Current ratio | 10.24x | 11.71x | 5.30x | 5.14x |
| Debt to equity | — | 0.00x | 0.01x | -0.02x |
| Equity ratio | 89.0% | 91.5% | 80.2% | -40.3% |
| R&D as a share of sales | 35.7% | 50.7% | 63.4% | 92.3% |
| Buybacks as a share of market value | -2.0% | -16.4% | -346.3% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 120.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 75.9% | 75.2% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | |
|---|---|---|
| Price to earnings | 137.6 | -281.9 |
| Price to sales | 35.4 | 59.3 |
Market value over time
28 Mar 2024 to 24 Sept 2026, in USD
$2.67bn$65.70bn
Share price return
Finished calendar years
| 2025 | 2024 | |
|---|---|---|
| Return | 19% | 97% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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