I 
116.10
+1.48%
Close of 9 Nov 2026, in USD
Search any instrument
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
$606.4m
FY2016FY2025
Net income
−$1.28bn
FY2016FY2025
Free cash flow
−$967.6m
FY2016FY2025
Shareholders' equity
$739.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $606.4m | $363.7m | $305.2m | $245.4m | $188.5m | $164.4m | $136.5m | $9.8m | — | — |
| Gross profit | $481.5m | $278.0m | $239.6m | $190.2m | $144.3m | $124.5m | $112.3m | $7.4m | −$2.9m | −$2.4m |
| Research and development | $771.1m | $598.4m | $571.0m | $397.5m | $272.7m | $181.2m | $131.7m | $145.3m | $109.7m | $122.7m |
| Operating income | −$1.19bn | −$825.2m | −$670.8m | −$457.7m | −$395.9m | −$264.5m | −$227.3m | −$300.0m | −$187.0m | −$172.7m |
| Net income | −$1.28bn | −$913.8m | −$749.6m | −$481.5m | −$434.7m | −$294.1m | −$254.3m | −$324.3m | −$192.6m | −$176.3m |
| Diluted earnings per share | -5.98 | -5.10 | -5.18 | -3.63 | -3.67 | -2.87 | -2.84 | -4.21 | -2.52 | -2.85 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $2.26bn | $2.03bn | $1.33bn | $1.66bn | $1.24bn | $796.2m | $742.3m | $604.6m | $462.0m | $238.0m |
| Cash and short-term investments | $1.43bn | $1.43bn | $780.4m | $1.15bn | $716.8m | $532.8m | $487.4m | $495.1m | $381.2m | $162.6m |
| Total liabilities | $1.53bn | $1.74bn | $1.66bn | $1.57bn | $833.0m | $520.3m | $480.6m | $396.3m | $101.0m | $83.5m |
| Debt | $560.2m | $1.29bn | $1.34bn | $1.16bn | $581.3m | $372.1m | $356.7m | $316.6m | $55.6m | $54.8m |
| Shareholders' equity | $739.0m | $285.4m | −$331.9m | $88.0m | $410.5m | $275.9m | $261.7m | $208.3m | $361.1m | $154.5m |
| Shares outstanding | 214m | 179m | 145m | 133m | 119m | 102m | 89m | 77m | 77m | 62m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$935.0m | −$683.9m | −$536.2m | −$400.4m | −$363.3m | −$219.3m | −$250.6m | −$258.0m | −$159.6m | −$146.7m |
| Capital spending | −$32.6m | −$21.9m | −$13.3m | −$9.9m | −$7.3m | −$6.8m | −$42.3m | −$14.8m | −$3.0m | −$4.2m |
| Free cash flow | −$967.6m | −$705.8m | −$549.5m | −$410.3m | −$370.6m | −$226.2m | −$292.9m | −$272.8m | −$162.6m | −$150.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $425.5m | $306.0m | $263.8m | $142.3m | $107.4m | $92.8m | $104.4m | $93.4m |
| Gross profit | $358.3m | $256.5m | $219.6m | $113.0m | $79.3m | $71.5m | $78.3m | $72.3m |
| Operating income | −$1.5m | −$200.3m | −$306.3m | −$348.3m | −$299.2m | −$234.1m | −$214.5m | −$199.2m |
| Net income | −$13.2m | −$163.6m | −$328.5m | −$370.0m | −$321.7m | −$256.6m | −$235.5m | −$220.5m |
| Diluted earnings per share | -0.06 | -0.75 | -1.54 | -1.73 | -1.51 | -1.20 | -1.32 | -1.23 |
| Cash from operations | −$88.0m | −$222.0m | −$247.0m | −$219.0m | −$205.0m | −$262.0m | −$195.0m | −$180.0m |
| Capital spending | −$6.0m | −$3.0m | −$46.0m | −$2.0m | −$3.0m | −$10.0m | −$6.0m | −$3.0m |
| Free cash flow | −$94.0m | −$225.0m | −$293.0m | −$221.0m | −$208.0m | −$272.0m | −$201.0m | −$183.0m |
| Total assets | $2.10bn | $2.08bn | $2.26bn | $2.36bn | $2.48bn | $1.80bn | $2.03bn | $2.05bn |
| Cash and short-term investments | $1.16bn | $1.22bn | $1.43bn | $1.68bn | $1.86bn | $1.20bn | $1.43bn | $1.47bn |
| Debt | $553.3m | $556.6m | $560.2m | $552.0m | $549.5m | $1.12bn | $1.12bn | $969.1m |
| Shareholders' equity | $757.5m | $704.9m | $739.0m | $945.6m | $1.25bn | $99.2m | $285.4m | $483.4m |
Financial ratios
Data as of 21 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 79.4% | 76.4% | 78.5% | 77.5% | 76.6% | 75.7% |
| Operating margin | -195.9% | -226.9% | -219.8% | -186.5% | -210.1% | -160.9% |
| Net margin | -210.5% | -251.2% | -245.6% | -196.3% | -230.6% | -178.9% |
| Return on equity | -172.8% | -320.2% | 225.8% | -547.5% | -105.9% | -106.6% |
| Return on assets | -56.4% | -45.1% | -56.4% | -29.1% | -35.0% | -36.9% |
| Free cash flow yield | -3.5% | -3.1% | -3.0% | -2.5% | -2.5% | -1.7% |
| Revenue growth | 66.7% | 19.2% | 24.4% | 30.2% | 14.6% | 20.5% |
| Earnings growth | 39.7% | 21.9% | 55.7% | 10.8% | 47.8% | 15.6% |
| Current ratio | 3.83x | 5.45x | 4.12x | 6.69x | 6.19x | 5.24x |
| Debt to equity | 0.76x | 3.92x | -3.51x | 12.89x | 1.41x | 1.34x |
| Equity ratio | 32.6% | 14.1% | -25.0% | 5.3% | 33.0% | 34.7% |
| Interest coverage | -14.18x | -9.72x | -8.21x | -17.31x | -9.78x | -8.95x |
| R&D as a share of sales | 127.2% | 164.5% | 187.1% | 162.0% | 144.7% | 110.2% |
| Buybacks as a share of market value | -19.3% | -23.6% | -9.1% | -12.0% | -15.8% | -14.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 35.2% | 29.8% | — |
| Operating income | 37.4% | 35.0% | 26.0% |
| Net income | 38.4% | 34.1% | 26.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 78.3% | 78.2% | 77.8% | — |
| Operating margin | -207.5% | -206.6% | -202.9% | — |
| Net margin | -225.8% | -225.0% | -221.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -29.1 | -13.5 | -6.0 | -5.5 | -7.4 | -11.6 | -8.4 | -3.1 | -12.4 | -4.7 |
| Price to sales | 61.3 | 34.0 | 14.7 | 10.8 | 17.1 | 20.7 | 15.7 | 102.8 | — | — |
Market value over time
31 Oct 2016 to 18 Sept 2026, in USD
$803.2m$26.08bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 138% | 140% | 59% | -34% | -25% | 54% | 84% | -55% | 113% | -20% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 3 Mar 2011
- 4-to-1 reverse split · 31 Jul 2000
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.