G 
158.79
+5.25%
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
$982.0m
FY2016FY2025
Net income
−$416.3m
FY2016FY2025
Free cash flow
−$233.1m
FY2016FY2025
Shareholders' equity
−$99.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $982.0m | $739.0m | $563.9m | $449.5m | $373.7m | $286.7m | $214.4m | $90.6m | $49.8m | $25.2m |
| Research and development | $364.2m | $347.8m | $367.2m | $373.8m | $263.2m | $149.9m | $86.3m | $50.7m | $25.6m | $10.9m |
| Operating income | −$437.2m | −$443.6m | −$564.7m | −$544.4m | −$411.0m | −$254.9m | −$82.4m | −$92.9m | −$82.7m | −$43.8m |
| Net income | −$416.3m | −$436.4m | −$479.4m | −$654.6m | −$405.7m | −$253.8m | −$75.7m | −$85.1m | −$83.2m | −$46.1m |
| Diluted earnings per share | -3.24 | -3.53 | -4.05 | -6.39 | -3.99 | -2.54 | -0.80 | -1.01 | -1.18 | -3.55 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $2.01bn | $1.49bn | $1.79bn | $1.61bn | $2.20bn | $2.27bn | $962.5m | $587.4m | $342.9m | $116.6m |
| Cash and short-term investments | $1.20bn | $840.0m | $1.17bn | $1.01bn | $932.7m | $1.79bn | $522.8m | $419.0m | $221.3m | $95.3m |
| Total liabilities | $2.11bn | $1.63bn | $1.63bn | $1.55bn | $1.56bn | $916.2m | $114.5m | $62.5m | $34.3m | $36.9m |
| Debt | $1.53bn | $1.14bn | $1.14bn | $1.14bn | $1.13bn | $806.3m | — | $200,000 | $700,000 | $17.0m |
| Shareholders' equity | −$99.3m | −$139.6m | $158.7m | $60.2m | $645.0m | $1.30bn | $798.4m | $483.2m | $308.6m | $79.7m |
| Shares outstanding | 129m | 124m | 119m | 103m | 102m | 100m | 94m | 84m | 71m | 13m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$184.8m | −$239.9m | −$325.0m | −$309.5m | −$209.0m | −$103.9m | −$47.1m | −$72.2m | −$72.2m | −$36.7m |
| Capital spending | −$48.3m | −$35.1m | −$20.5m | −$77.5m | −$75.0m | −$54.1m | −$21.3m | −$20.2m | −$9.0m | −$1.8m |
| Free cash flow | −$233.1m | −$274.9m | −$345.5m | −$386.9m | −$284.1m | −$158.0m | −$68.4m | −$92.4m | −$81.2m | −$38.5m |
| Dividends paid | — | — | — | — | −$17.9m | −$7.1m | — | −$3.2m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $335.0m | $301.7m | $281.3m | $265.2m | $232.1m | $203.5m | $201.8m | $191.5m |
| Operating income | −$129.1m | −$121.3m | −$120.8m | −$99.0m | −$106.4m | −$111.0m | −$126.0m | −$117.3m |
| Net income | −$120.1m | −$112.1m | −$128.5m | −$92.7m | −$99.9m | −$95.2m | −$111.0m | −$107.8m |
| Diluted earnings per share | -0.91 | -0.85 | -1.00 | -0.72 | -0.78 | -0.74 | -0.90 | -0.87 |
| Cash from operations | −$57.0m | −$65.0m | −$26.0m | −$35.0m | −$60.0m | −$62.0m | −$64.0m | −$51.0m |
| Capital spending | −$11.0m | −$5.0m | −$27.0m | −$10.0m | −$5.0m | −$4.0m | −$18.0m | −$4.0m |
| Free cash flow | −$68.0m | −$70.0m | −$53.0m | −$45.0m | −$65.0m | −$66.0m | −$82.0m | −$55.0m |
| Total assets | $1.91bn | $1.92bn | $2.01bn | $1.28bn | $1.33bn | $1.34bn | $1.49bn | $1.54bn |
| Cash and short-term investments | $1.05bn | $1.10bn | $1.20bn | $580.0m | $629.1m | $698.6m | $840.0m | $999.1m |
| Debt | $1.53bn | $1.53bn | $1.53bn | $1.14bn | $1.14bn | $1.15bn | $1.17bn | $1.17bn |
| Shareholders' equity | −$222.9m | −$181.1m | −$99.3m | −$354.5m | −$305.5m | −$250.8m | −$139.6m | −$60.1m |
Financial ratios
Data as of 1 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -44.5% | -60.0% | -100.1% | -121.1% | -110.0% | -88.9% |
| Net margin | -42.4% | -59.0% | -85.0% | -145.6% | -108.6% | -88.5% |
| Return on equity | 419.2% | 312.5% | -302.1% | -1087.7% | -62.9% | -19.5% |
| Return on assets | -20.7% | -29.4% | -26.8% | -40.7% | -18.4% | -11.2% |
| Free cash flow yield | -0.6% | -0.9% | -1.4% | -1.3% | -0.7% | -0.3% |
| Revenue growth | 32.9% | 31.0% | 25.5% | 20.3% | 30.3% | 33.8% |
| Earnings growth | -4.6% | -9.0% | -26.8% | 61.4% | 59.8% | 235.5% |
| Current ratio | 4.84x | 4.68x | 6.54x | 6.17x | 5.72x | 28.27x |
| Debt to equity | -15.42x | -8.39x | 7.36x | 19.26x | 1.78x | 0.63x |
| Equity ratio | -4.9% | -9.4% | 8.9% | 3.7% | 29.3% | 57.2% |
| Interest coverage | -112.20x | -171.87x | -219.06x | -211.24x | -159.49x | -53.49x |
| R&D as a share of sales | 37.1% | 47.1% | 65.1% | 83.2% | 70.4% | 52.3% |
| Buybacks as a share of market value | -4.0% | -4.4% | -15.6% | -0.8% | -1.7% | -6.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 29.8% | 28.2% | — |
| Operating income | -7.0% | 11.4% | — |
| Net income | -14.0% | 10.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -31.6 | -8.7 | -6.7 | -4.3 | -25.1 | -50.8 | -97.1 | -37.2 |
| Price to sales | 13.4 | 5.1 | 5.7 | 6.2 | 27.4 | 45.7 | 34.5 | 35.4 |
Market value over time
31 Oct 2018 to 30 Sept 2026, in USD
$435.2m$23.56bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Return | 200% | 16% | -8% | -70% | -23% | 57% | 132% | 11% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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