66.54
+8.53%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$3.44bn
FY2016FY2025
Net income
−$8.6m
FY2016FY2025
Free cash flow
$13.9m
FY2016FY2025
Shareholders' equity
$2.46bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.44bn | $3.37bn | $2.96bn | $2.53bn | $2.42bn | $1.99bn | $2.07bn | $1.90bn | $1.77bn | $1.61bn |
| Gross profit | $1.58bn | $1.65bn | $1.51bn | $1.31bn | $1.21bn | $939.8m | $995.3m | $900.0m | $813.0m | $742.5m |
| Research and development | $395.2m | $376.5m | $294.8m | $235.9m | $220.8m | $198.0m | $187.7m | $173.4m | $162.7m | $149.0m |
| Operating income | $236.0m | $253.1m | $443.3m | $432.7m | $413.3m | $248.3m | $300.9m | $262.4m | $214.7m | $194.7m |
| Net income | −$8.6m | $113.1m | $427.2m | $296.6m | $277.1m | $157.8m | $197.2m | $179.7m | $78.6m | $153.6m |
| Diluted earnings per share | -0.06 | 0.74 | 2.93 | 2.01 | 1.82 | 1.03 | 1.27 | 1.14 | 0.50 | 0.96 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $6.24bn | $5.81bn | $4.25bn | $3.61bn | $3.65bn | $3.05bn | $2.77bn | $2.13bn | $1.95bn | $1.81bn |
| Cash and short-term investments | $298.8m | $183.4m | $488.3m | $645.5m | $1.17bn | $731.8m | $684.9m | $322.4m | $439.2m | $500.3m |
| Total liabilities | $3.73bn | $3.99bn | $2.84bn | $2.48bn | $2.57bn | $2.07bn | $1.83bn | $1.22bn | $1.22bn | $1.12bn |
| Debt | $1.87bn | $2.09bn | $1.28bn | $1.22bn | $1.33bn | $844.5m | $813.3m | $341.1m | $415.6m | $411.7m |
| Shareholders' equity | $2.46bn | $1.78bn | $1.38bn | $1.11bn | $1.07bn | $961.2m | $906.8m | $905.1m | $733.5m | $693.1m |
| Shares outstanding | 153m | 152m | 146m | 148m | 153m | 154m | 155m | 157m | 156m | 161m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $134.1m | $251.3m | $350.1m | $262.0m | $282.4m | $333.2m | $213.4m | $239.7m | $154.4m | $130.8m |
| Capital spending | −$120.2m | −$115.3m | −$106.9m | −$119.0m | −$92.0m | −$98.2m | −$73.0m | −$49.2m | −$43.7m | −$37.1m |
| Free cash flow | $13.9m | $136.0m | $243.2m | $143.0m | $190.4m | $235.0m | $140.4m | $190.5m | $110.7m | $93.7m |
| Dividends paid | −$22.8m | −$30.2m | −$29.4m | −$29.8m | −$24.2m | −$24.6m | −$25.0m | −$25.1m | −$25.4m | −$25.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $838.5m | $823.4m | $977.2m | $860.5m | $797.4m | $801.4m | $979.6m | $864.4m |
| Gross profit | $416.0m | $389.3m | $449.2m | $379.4m | $357.9m | $391.2m | $493.3m | $418.8m |
| Operating income | −$65.3m | $45.0m | $79.4m | $35.0m | $11.9m | $31.8m | $72.1m | $68.1m |
| Net income | −$52.0m | $14.4m | $26.0m | −$59.6m | $7.6m | $17.4m | $13.7m | $40.9m |
| Diluted earnings per share | -0.34 | 0.09 | 0.17 | -0.39 | 0.05 | 0.11 | 0.09 | 0.27 |
| Cash from operations | −$77.0m | $71.0m | $229.0m | −$33.0m | −$127.0m | $65.0m | $190.0m | $38.0m |
| Capital spending | −$28.0m | −$24.0m | −$22.0m | −$20.0m | −$21.0m | −$26.0m | −$36.0m | −$32.0m |
| Free cash flow | −$105.0m | $47.0m | $207.0m | −$53.0m | −$148.0m | $39.0m | $154.0m | $6.0m |
| Total assets | $6.05bn | $6.13bn | $6.24bn | $6.43bn | $6.34bn | $5.93bn | $5.81bn | $6.11bn |
| Cash and short-term investments | $184.9m | $133.4m | $298.8m | $293.1m | $92.0m | $184.2m | $183.4m | $148.1m |
| Debt | $1.92bn | $1.67bn | $1.90bn | $2.01bn | $2.44bn | $2.11bn | $2.13bn | $2.30bn |
| Shareholders' equity | $2.40bn | $2.45bn | $2.46bn | $2.43bn | $1.80bn | $1.82bn | $1.78bn | $1.81bn |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 45.9% | 49.0% | 51.0% | 51.6% | 50.0% | 47.3% |
| Operating margin | 2.4% | 7.6% | 18.9% | 17.0% | 16.9% | 12.1% |
| Net margin | -0.3% | 3.4% | 14.4% | 11.7% | 11.5% | 7.9% |
| Return on equity | -0.4% | 6.3% | 31.0% | 26.6% | 25.9% | 16.4% |
| Return on assets | -0.1% | 1.9% | 10.1% | 8.2% | 7.6% | 5.2% |
| Free cash flow yield | 3.0% | 4.3% | 5.6% | 4.6% | 4.4% | 5.0% |
| Revenue growth | 2.1% | 13.6% | 17.1% | 4.7% | 21.7% | -4.1% |
| Earnings growth | -107.6% | -73.5% | 44.0% | 7.0% | 75.6% | -20.0% |
| Current ratio | 1.73x | 1.60x | 1.80x | 2.31x | 2.63x | 2.43x |
| Debt to equity | 0.78x | 1.19x | 0.95x | 1.11x | 1.26x | 0.90x |
| Equity ratio | 39.4% | 30.7% | 32.4% | 30.8% | 29.3% | 31.5% |
| Interest coverage | 1.36x | 5.32x | 34.18x | 26.71x | 28.52x | 16.68x |
| R&D as a share of sales | 11.5% | 11.2% | 9.9% | 9.3% | 9.1% | 10.0% |
| Buybacks as a share of market value | -0.3% | -4.1% | 1.3% | 3.0% | 0.8% | 1.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.7% | 11.6% | 7.8% |
| Operating income | -18.3% | -1.0% | 4.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 47.4% | 49.2% | 49.1% | 48.1% |
| Operating margin | 7.2% | 11.1% | 12.1% | 12.3% |
| Net margin | 1.5% | 6.7% | 7.6% | 7.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -835.4 | 78.8 | 25.1 | 34.1 | 46.2 | 52.8 | 40.2 | 26.1 | 68.0 | 22.2 |
| Price to sales | 2.1 | 2.6 | 3.6 | 4.0 | 5.3 | 4.2 | 3.8 | 2.5 | 3.0 | 2.1 |
Market value over time
30 Nov 2016 to 13 Oct 2026, in USD
$3.66bn$8.55bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -19% | -26% | 17% | -18% | 42% | 6% | 82% | -17% | 60% | -9% |
Dividends and splits
Per share, in the currency the company pays
Paid for 10 years. Last went ex-dividend on 21 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.15 | 0.20 | 0.20 | 0.20 | 0.20 | 0.16 | 0.16 | 0.16 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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