4.22
+4.20%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$5.81bn
FY2017FY2026
Net income
−$618.0m
FY2017FY2026
Free cash flow
$348.2m
FY2017FY2026
Shareholders' equity
$2.99bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.81bn | $5.89bn | $6.12bn | $5.55bn | $5.30bn | $4.63bn | $4.72bn | $8.65bn | $9.40bn | $7.65bn |
| Gross profit | $3.65bn | $3.82bn | $3.94bn | $3.55bn | $3.38bn | $2.78bn | $2.74bn | $5.34bn | $5.79bn | $4.62bn |
| Research and development | — | $123.0m | $126.8m | $105.2m | $97.3m | $96.5m | $93.4m | $98.5m | $174.6m | $139.2m |
| Operating income | −$81.5m | $241.1m | $546.7m | $538.2m | $339.9m | −$48.6m | −$484.3m | $393.7m | $161.2m | −$442.8m |
| Net income | −$618.0m | −$367.9m | $89.4m | $508.2m | $259.5m | −$201.3m | −$1.01bn | −$3.77bn | −$168.8m | −$422.2m |
| Diluted earnings per share | -0.70 | -0.42 | 0.10 | 0.55 | 0.29 | -0.24 | -1.32 | -4.97 | -0.22 | -0.56 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $10.20bn | $11.91bn | $12.08bn | $12.66bn | $12.12bn | $13.69bn | $16.73bn | $17.67bn | $22.63bn | $22.55bn |
| Cash and short-term investments | $176.1m | $257.1m | $300.8m | $246.9m | $233.3m | $253.5m | $352.0m | $340.4m | $331.6m | $535.4m |
| Total liabilities | $6.82bn | $7.95bn | $7.83bn | $8.43bn | $8.56bn | $9.51bn | $13.42bn | $12.62bn | $13.11bn | $12.68bn |
| Debt | $14.4m | $4.10bn | $3.99bn | $4.38bn | $4.58bn | $6.46bn | $8.80bn | $7.66bn | $7.52bn | $7.14bn |
| Shareholders' equity | $2.99bn | $3.69bn | $3.97bn | $3.95bn | $3.30bn | $3.90bn | $3.00bn | $4.59bn | $8.85bn | $9.31bn |
| Shares outstanding | 880m | 877m | 875m | 923m | 887m | 843m | 765m | 758m | 751m | 753m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $537.8m | $492.6m | $614.6m | $625.7m | $726.6m | $318.7m | −$50.9m | $639.6m | $413.7m | $757.5m |
| Capital spending | −$189.6m | −$215.0m | −$245.2m | −$222.8m | −$174.1m | −$173.9m | −$267.4m | −$426.6m | −$446.4m | −$432.3m |
| Free cash flow | $348.2m | $277.6m | $369.4m | $402.9m | $552.5m | $144.8m | −$318.3m | $213.0m | −$32.7m | $325.2m |
| Dividends paid | −$13.2m | −$13.3m | −$13.4m | −$13.7m | −$57.2m | −$25.7m | −$196.9m | −$346.2m | −$375.8m | −$372.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.27bn | $1.28bn | $1.68bn | $1.58bn | $1.25bn | $1.30bn | $1.67bn | $1.67bn |
| Gross profit | $919.7m | $718.1m | $997.4m | $1.02bn | $779.7m | $832.4m | $1.11bn | $1.09bn |
| Operating income | −$413.1m | −$8.7m | $155.3m | $185.0m | $15.5m | −$410.4m | $113.3m | $237.8m |
| Net income | −$144.3m | −$408.1m | −$123.6m | $67.9m | −$68.8m | −$405.7m | $23.7m | $82.9m |
| Diluted earnings per share | -0.16 | -0.46 | -0.14 | 0.08 | -0.08 | -0.46 | 0.03 | 0.09 |
| Cash from operations | $116.0m | −$203.0m | $559.0m | $65.0m | $83.0m | −$122.0m | $464.0m | $67.0m |
| Capital spending | −$43.0m | −$45.0m | −$46.0m | −$54.0m | −$48.0m | −$42.0m | −$46.0m | −$77.0m |
| Free cash flow | $73.0m | −$248.0m | $513.0m | $11.0m | $35.0m | −$164.0m | $418.0m | −$10.0m |
| Total assets | $10.20bn | $10.23bn | $11.08bn | $12.06bn | $11.91bn | $11.47bn | $11.72bn | $12.52bn |
| Cash and short-term investments | $176.1m | $270.2m | $448.0m | $264.6m | $257.1m | $243.5m | $249.6m | $283.6m |
| Debt | $14.4m | $3.24bn | $3.05bn | $4.09bn | $4.02bn | $3.86bn | $3.46bn | $4.00bn |
| Shareholders' equity | $2.99bn | $3.09bn | $3.53bn | $3.79bn | $3.69bn | $3.64bn | $3.93bn | $4.19bn |
Financial ratios
Data as of 31 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 62.9% | 64.8% | 64.4% | 63.9% | 63.7% | 60.0% | — |
| Operating margin | -7.8% | 9.0% | 9.5% | 9.7% | 6.4% | 3.4% | — |
| Net margin | -10.4% | -6.2% | 1.5% | 9.1% | 4.9% | -4.3% | — |
| Return on equity | -19.3% | -10.0% | 2.3% | 12.9% | 7.9% | -5.2% | — |
| Return on assets | -5.9% | -3.1% | 0.7% | 4.0% | 2.1% | -1.5% | — |
| Free cash flow yield | 24.3% | 23.7% | 28.9% | 27.0% | 29.9% | 17.2% | — |
| Revenue growth | -1.5% | -3.7% | 10.2% | 4.7% | 14.6% | -1.9% | — |
| Earnings growth | 64.4% | -511.5% | -82.4% | 95.8% | -228.9% | -80.0% | — |
| Current ratio | 0.75x | 0.77x | 0.75x | 0.75x | 0.66x | 0.74x | — |
| Debt to equity | 0.99x | 1.09x | 0.98x | 1.09x | 1.36x | 1.42x | — |
| Equity ratio | 30.7% | 30.9% | 32.9% | 31.2% | 27.2% | 28.5% | — |
| Interest coverage | -2.93x | 2.33x | 2.32x | 2.06x | 1.41x | 0.69x | — |
| R&D as a share of sales | — | 2.1% | 2.1% | 1.9% | 1.8% | 2.1% | 2.0% |
| Buybacks as a share of market value | -0.4% | -0.2% | 5.2% | -4.1% | -5.2% | -10.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.5% | 4.6% | 2.9% |
| Operating income | — | 10.9% | — |
| Net income | — | 25.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 63.9% | 64.0% | 63.4% | 62.0% |
| Operating margin | 1.4% | 5.3% | 4.6% | 2.1% |
| Net margin | -8.4% | -1.7% | -1.0% | -8.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.9 | -7.3 | 68.1 | 22.6 | 29.3 | -44.0 | -5.3 | -2.3 | -29.2 | -35.5 |
| Price to sales | 0.5 | 0.5 | 1.0 | 2.1 | 1.4 | 1.9 | 1.1 | 1.0 | 0.5 | 2.0 |
Market value over time
30 Nov 2016 to 30 Oct 2026, in USD
$6.29bn$2.99bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -54% | -45% | 63% | -18% | 40% | -41% | 77% | -67% | 4% | -25% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 14 Feb 2020.
| FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.375 | 0.50 | 0.50 | 0.65 | 0.25 | 0.20 | 0.20 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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