243.55
+3.74%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$4.27bn
FY2016FY2025
Net income
−$356.1m
FY2016FY2025
Free cash flow
$1.15bn
FY2016FY2025
Shareholders' equity
$4.32bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.27bn | $4.07bn | $3.83bn | $3.66bn | $3.09bn | $2.36bn | $2.16bn | $1.89bn | $1.62bn | $1.49bn |
| Gross profit | $3.76bn | $3.62bn | $3.40bn | $3.12bn | $2.65bn | $2.21bn | $2.03bn | $1.77bn | $1.51bn | $1.38bn |
| Research and development | $782.7m | $884.0m | $849.7m | $590.5m | $505.7m | $335.4m | $299.7m | $226.6m | $198.4m | $162.3m |
| Operating income | $224.4m | $716.6m | $578.6m | −$65.5m | $170.3m | $378.1m | $532.4m | $614.8m | $528.8m | $591.7m |
| Net income | −$356.1m | $560.1m | $414.8m | −$224.1m | −$329.0m | $238.6m | $523.4m | $447.1m | $487.8m | $396.8m |
| Diluted earnings per share | -5.84 | 9.11 | 5.95 | -3.55 | -5.35 | 4.17 | 9.14 | 7.40 | 7.97 | 6.50 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $11.66bn | $12.01bn | $11.39bn | $10.84bn | $12.30bn | $6.54bn | $5.54bn | $5.20bn | $5.12bn | $4.80bn |
| Cash and short-term investments | $2.44bn | $2.99bn | $1.63bn | $881.5m | $591.4m | $2.13bn | $1.08bn | $824.6m | $601.0m | $426.0m |
| Total liabilities | $7.34bn | $7.92bn | $7.66bn | $7.75bn | $8.33bn | $2.88bn | $2.43bn | $2.45bn | $2.41bn | $2.92bn |
| Debt | $5.37bn | $6.11bn | $5.72bn | $5.73bn | $6.06bn | $2.10bn | $1.61bn | $1.60bn | $1.58bn | $2.03bn |
| Shareholders' equity | $4.32bn | $4.09bn | $3.74bn | $3.09bn | $3.97bn | $3.66bn | $3.11bn | $2.76bn | $2.71bn | $1.88bn |
| Shares outstanding | 61m | 62m | 70m | 63m | 62m | 57m | 57m | 60m | 61m | 61m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $1.36bn | $1.40bn | $1.09bn | $1.27bn | $778.5m | $899.6m | $776.4m | $798.9m | $693.1m | $590.5m |
| Capital spending | −$209.8m | −$48.1m | −$24.0m | −$498.2m | −$45.5m | −$379.3m | −$182.3m | −$131.5m | −$114.0m | −$181.6m |
| Free cash flow | $1.15bn | $1.35bn | $1.07bn | $773.8m | $733.0m | $520.4m | $594.1m | $667.4m | $579.1m | $409.0m |
| Dividends paid | — | — | — | −$98.0m | −$99.7m | −$99.7m | −$57.8m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.21bn | $1.07bn | $1.20bn | $1.13bn | $1.05bn | $897.8m | $1.09bn | $1.05bn |
| Gross profit | $1.09bn | $762.5m | $1.17bn | $868.3m | $929.4m | $793.2m | $959.5m | $943.4m |
| Operating income | $248.2m | $253.7m | $909.2m | $57.6m | −$688.2m | −$55.9m | $190.8m | $260.2m |
| Net income | $192.8m | $293.1m | $203.5m | $251.4m | −$718.5m | −$92.5m | $191.1m | $215.1m |
| Diluted earnings per share | 2.78 | 4.22 | 3.34 | 4.12 | -11.78 | -1.52 | 3.11 | 3.50 |
| Cash from operations | $415.0m | $408.0m | $362.0m | $474.0m | $88.0m | $429.0m | $398.0m | $398.0m |
| Capital spending | −$18.0m | −$19.0m | −$65.0m | −$15.0m | −$12.0m | −$38.0m | −$13.0m | −$10.0m |
| Free cash flow | $397.0m | $389.0m | $297.0m | $459.0m | $76.0m | $391.0m | $385.0m | $388.0m |
| Total assets | $11.08bn | $11.86bn | $11.66bn | $11.36bn | $10.94bn | $11.53bn | $12.01bn | $12.26bn |
| Cash and short-term investments | $2.20bn | $2.87bn | $2.44bn | $2.05bn | $1.67bn | $2.57bn | $2.99bn | $2.62bn |
| Debt | $4.37bn | $5.37bn | $5.37bn | $5.38bn | $5.38bn | $5.38bn | $6.12bn | $6.13bn |
| Shareholders' equity | $4.80bn | $4.53bn | $4.32bn | $3.96bn | $3.71bn | $4.17bn | $4.09bn | $4.17bn |
Financial ratios
Data as of 5 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 88.2% | 89.0% | 88.6% | 85.2% | 85.8% | 93.7% |
| Operating margin | 5.3% | 17.6% | 15.1% | -1.8% | 5.5% | 16.0% |
| Net margin | -8.3% | 13.8% | 10.8% | -6.1% | -10.6% | 10.1% |
| Return on equity | -8.2% | 13.7% | 11.1% | -7.3% | -8.3% | 6.5% |
| Return on assets | -3.1% | 4.7% | 3.6% | -2.1% | -2.7% | 3.7% |
| Free cash flow yield | 10.9% | 10.0% | 6.8% | 11.9% | 5.7% | 9.5% |
| Revenue growth | 4.9% | 6.1% | 4.8% | 18.3% | 30.9% | 9.3% |
| Earnings growth | -163.6% | 35.0% | -285.1% | -31.9% | -237.9% | -54.4% |
| Current ratio | 1.86x | 4.46x | 2.24x | 2.79x | 3.23x | 4.34x |
| Debt to equity | 1.24x | 1.50x | 1.53x | 1.86x | 1.53x | 0.58x |
| Equity ratio | 37.0% | 34.1% | 32.8% | 28.5% | 32.2% | 56.0% |
| Interest coverage | 1.15x | 3.01x | 2.00x | -0.23x | 0.61x | 3.79x |
| R&D as a share of sales | 18.3% | 21.7% | 22.2% | 16.1% | 16.3% | 14.2% |
| Buybacks as a share of market value | 0.8% | 11.7% | -10.5% | -2.5% | -7.6% | 0.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.3% | 12.5% | 12.4% |
| Operating income | — | -9.9% | -7.8% |
| Net income | 16.7% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 88.6% | 87.8% | 88.2% | 89.6% |
| Operating margin | 11.3% | 9.2% | 9.4% | 16.0% |
| Net margin | 2.4% | 2.5% | 1.4% | 8.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -29.1 | 13.5 | 20.7 | -44.8 | -23.8 | 39.5 | 16.3 | 16.8 | 16.9 | 16.8 |
| Price to sales | 2.4 | 1.9 | 2.2 | 2.7 | 2.5 | 4.0 | 4.0 | 4.0 | 5.1 | 4.5 |
Market value over time
30 Nov 2016 to 2 Oct 2026, in USD
$6.40bn$16.36bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 36% | -0% | -22% | 24% | -16% | -2% | 17% | -0% | 22% | -21% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1-to-1 reverse split · 18 Jan 2012
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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