H 
22.94
-11.77%
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
$2.35bn
FY2018FY2025
Net income
$128.4m
FY2018FY2025
Free cash flow
$74.0m
FY2018FY2025
Shareholders' equity
$540.9m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.35bn | $1.48bn | $872.0m | $526.9m | $271.9m | $148.8m | $82.6m | $26.7m |
| Gross profit | $1.73bn | $1.17bn | $714.9m | $408.7m | $204.5m | $109.5m | $44.6m | $7.8m |
| Research and development | $149.3m | $78.8m | $48.2m | $29.2m | $22.4m | $11.2m | — | — |
| Operating income | $105.6m | $61.9m | −$29.5m | −$68.7m | −$115.0m | −$15.1m | −$74.4m | −$75.8m |
| Net income | $128.4m | $126.0m | −$23.5m | −$65.7m | −$107.7m | −$18.1m | −$72.1m | −$75.2m |
| Diluted earnings per share | 0.52 | 0.52 | -0.11 | -0.32 | -0.53 | -0.23 | -1.84 | -1.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.15bn | $707.5m | $441.2m | $366.3m | $420.6m | $118.7m | $72.1m | $47.5m |
| Cash and short-term investments | $577.5m | $300.3m | $221.0m | $179.6m | $247.3m | $100.2m | $60.4m | $41.5m |
| Total liabilities | $1.61bn | $230.8m | $97.2m | $54.6m | $86.0m | $265.6m | $207.4m | $24.7m |
| Debt | $977.4m | — | — | — | — | — | — | $7.8m |
| Shareholders' equity | $540.9m | $476.7m | $344.0m | $311.7m | $334.6m | −$146.9m | −$135.3m | $22.8m |
| Shares outstanding | 248m | 241m | 210m | 206m | 201m | 79m | 39m | 67m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $300.0m | $251.1m | $73.5m | −$26.5m | −$34.4m | −$2.5m | −$74.9m | −$57.3m |
| Capital spending | −$226.0m | −$52.8m | −$26.5m | −$7.2m | −$5.0m | −$4.2m | −$1.8m | −$8,000 |
| Free cash flow | $74.0m | $198.3m | $47.0m | −$33.8m | −$39.4m | −$6.7m | −$76.7m | −$57.3m |
| Dividends paid | — | — | — | — | — | −$1.7m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $753.2m | $608.1m | $617.8m | $599.0m | $544.8m | $586.0m | $481.1m | $401.6m |
| Gross profit | $577.3m | $300.3m | $444.4m | $442.1m | $416.2m | $430.7m | $369.5m | $317.9m |
| Operating income | −$97.2m | −$16.5m | $9.2m | $11.8m | $26.7m | $57.9m | $18.6m | $22.4m |
| Net income | −$86.3m | −$92.1m | $20.6m | $15.8m | $42.5m | $49.5m | $26.0m | $75.6m |
| Diluted earnings per share | -0.38 | -0.40 | 0.08 | 0.06 | 0.17 | 0.20 | 0.11 | 0.31 |
| Cash from operations | −$35.0m | $89.0m | $64.0m | $148.0m | −$19.0m | $109.0m | $86.0m | $85.0m |
| Capital spending | −$19.0m | −$36.0m | −$63.0m | −$57.0m | −$50.0m | −$59.0m | −$26.0m | −$5.0m |
| Free cash flow | −$54.0m | $53.0m | $1.0m | $91.0m | −$69.0m | $50.0m | $60.0m | $80.0m |
| Total assets | $3.63bn | $2.27bn | $2.15bn | $2.23bn | $1.88bn | $891.7m | $707.5m | $602.3m |
| Cash and short-term investments | $609.8m | $750.9m | $577.5m | $629.7m | $1.14bn | $322.7m | $300.3m | $254.1m |
| Debt | $11.6m | $979.7m | $977.4m | $974.4m | $975.7m | $3.7m | $1.9m | $1.8m |
| Shareholders' equity | $324.1m | $446.2m | $540.9m | $581.0m | $562.7m | $549.3m | $476.7m | $440.1m |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 73.8% | 79.5% | 82.0% | 77.6% | 75.2% | 73.6% | — |
| Operating margin | 5.3% | 4.9% | -2.5% | -12.5% | -40.8% | -10.2% | — |
| Net margin | 5.5% | 8.5% | -2.7% | -12.5% | -39.6% | -12.2% | — |
| Return on equity | 23.7% | 26.4% | -6.8% | -21.1% | -32.2% | 12.3% | — |
| Return on assets | 6.0% | 17.8% | -5.3% | -17.9% | -25.6% | -15.3% | — |
| Free cash flow yield | 7.5% | 4.5% | 1.7% | -0.3% | -0.5% | 0.1% | — |
| Revenue growth | 59.0% | 69.3% | 65.5% | 93.8% | 82.8% | 80.2% | — |
| Earnings growth | 1.8% | -635.3% | -64.1% | -39.0% | 494.3% | -74.9% | — |
| Current ratio | 1.90x | 1.79x | 3.00x | 4.52x | 3.41x | 7.43x | — |
| Debt to equity | 1.81x | 0.00x | 0.00x | 0.01x | 0.00x | -0.03x | — |
| Equity ratio | 25.1% | 67.4% | 78.0% | 85.1% | 79.6% | -123.7% | — |
| Interest coverage | — | — | — | -21.99x | -29.14x | -1514.40x | -194.05x |
| R&D as a share of sales | 6.4% | 5.3% | 5.5% | 5.5% | 8.2% | 7.6% | — |
| Buybacks as a share of market value | -3.1% | -14.8% | -1.7% | -2.4% | -153.9% | -102.9% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 64.5% | 73.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 76.0% | 77.2% | 77.0% | — |
| Operating margin | 4.4% | 1.3% | -1.1% | — |
| Net margin | 6.7% | 3.2% | 0.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 62.8 | 46.2 | -79.3 | -20.1 | -12.3 | -63.9 | -5.4 |
| Price to sales | 3.4 | 3.9 | 2.1 | 2.5 | 4.8 | 7.8 | 4.7 |
Market value over time
30 Sept 2019 to 20 Oct 2026, in USD
$49.3m$6.77bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | 22% | 226% | 31% | 8% | -50% | 26% | 1% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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