K 
303.06
+0.72%
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.
Net income
$204.8m
FY2016FY2025
Free cash flow
$188.9m
FY2016FY2025
Shareholders' equity
$1.22bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | $360.4m | $270.5m | $47.6m | −$4.1m | −$2.8m | −$1.9m | −$974,000 | $886,000 | −$23,000 | −$2,000 |
| Research and development | $58.0m | $53.6m | $46.4m | $42.5m | $27.9m | $17.9m | $15.6m | $7.8m | $3.2m | $741,000 |
| Operating income | $161.3m | $65.7m | −$109.7m | −$145.2m | −$68.3m | −$33.0m | −$22.1m | −$11.9m | −$4.8m | −$1.1m |
| Net income | $204.8m | $89.2m | $10.9m | −$140.0m | −$69.6m | −$32.2m | −$19.1m | −$10.9m | −$7.9m | −$1.1m |
| Diluted earnings per share | 6.84 | 2.98 | 0.38 | -5.48 | -3.13 | -1.61 | -1.10 | -0.80 | -0.77 | -0.27 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.33bn | $1.06bn | $818.4m | $558.5m | $626.3m | $310.8m | $209.0m | $116.1m | $50.1m | $2.2m |
| Cash and short-term investments | $827.8m | $597.5m | $532.2m | $379.2m | $438.1m | $271.3m | $193.7m | $111.8m | $49.6m | $1.9m |
| Total liabilities | $114.2m | $109.5m | $39.7m | $36.2m | $32.7m | $18.8m | $6.1m | $2.9m | $640,000 | $1.9m |
| Debt | $1.8m | — | — | — | — | — | — | — | — | $1.8m |
| Shareholders' equity | $1.22bn | $946.4m | $778.6m | $522.2m | $593.6m | $292.1m | $202.9m | $113.2m | $49.5m | $289,000 |
| Shares outstanding | 30m | 30m | 29m | 26m | 22m | 20m | 17m | 14m | 10m | 4m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $200.9m | $123.4m | −$88.8m | −$100.6m | −$47.9m | −$26.1m | −$18.7m | −$9.4m | −$3.9m | −$1.3m |
| Capital spending | −$12.0m | −$4.2m | −$11.8m | −$53.0m | −$68.3m | −$14.8m | −$6.4m | −$2.2m | −$210,000 | −$15,000 |
| Free cash flow | $188.9m | $119.2m | −$100.6m | −$153.5m | −$116.3m | −$40.9m | −$25.1m | −$11.7m | −$4.1m | −$1.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Gross profit | $112.8m | $110.0m | $96.2m | $92.1m | $88.9m | $83.2m | $86.2m | $77.2m |
| Operating income | $58.4m | $53.7m | $44.4m | $41.4m | $39.3m | $36.2m | $41.4m | $22.4m |
| Net income | $54.8m | $55.9m | $51.4m | $79.4m | $38.3m | $35.7m | $45.5m | $27.2m |
| Diluted earnings per share | 1.79 | 1.82 | 1.72 | 2.65 | 1.28 | 1.19 | 1.52 | 0.91 |
| Cash from operations | $74.0m | $80.0m | $77.0m | $39.0m | $52.0m | $30.0m | $52.0m | $58.0m |
| Capital spending | −$3.0m | −$7.0m | −$2.0m | −$1.0m | −$1.0m | −$6.0m | — | −$1.0m |
| Free cash flow | $71.0m | $73.0m | $75.0m | $38.0m | $51.0m | $24.0m | — | $57.0m |
| Total assets | $1.50bn | $1.40bn | $1.33bn | $1.24bn | $1.14bn | $1.07bn | $1.06bn | $982.3m |
| Cash and short-term investments | $845.6m | $823.4m | $827.8m | $731.1m | $682.0m | $616.8m | $597.5m | $588.3m |
| Debt | $1.8m | $1.8m | $1.8m | $1.7m | $1.6m | $1.4m | $1.2m | $1.3m |
| Shareholders' equity | $1.36bn | $1.28bn | $1.22bn | $1.14bn | $1.04bn | $984.7m | $946.4m | $885.8m |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 92.6% | 93.1% | 93.9% | — | — | — | 86.3% | — | — |
| Operating margin | 48.7% | 35.5% | -191.8% | — | — | — | -1060.3% | — | — |
| Net margin | 52.6% | 30.7% | 21.6% | — | — | — | -1060.3% | — | — |
| Return on equity | 16.8% | 9.4% | 1.4% | -26.8% | -11.7% | -11.0% | — | — | — |
| Return on assets | 15.4% | 8.4% | 1.3% | -25.1% | -11.1% | -10.3% | — | — | — |
| Free cash flow yield | 2.2% | 1.3% | -0.8% | -0.6% | 0.3% | -0.2% | — | — | — |
| Revenue growth | 33.9% | 473.0% | — | — | — | — | — | — | — |
| Earnings growth | 129.7% | 715.6% | -107.8% | 101.2% | 116.3% | 68.5% | — | — | — |
| Current ratio | 9.95x | 7.28x | 17.76x | 13.30x | 17.18x | 17.80x | — | — | — |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.03x | — | — | — |
| Equity ratio | 91.4% | 89.6% | 95.1% | 93.5% | 94.8% | 94.0% | — | — | — |
| Interest coverage | — | — | — | -23.02x | -45.63x | -38.66x | -10.60x | -1.48x | -163.29x |
| R&D as a share of sales | 14.9% | 18.4% | 91.6% | — | — | — | 755.7% | — | — |
| Buybacks as a share of market value | -0.2% | -3.7% | -12.8% | -15.1% | -10.9% | -15.4% | — | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 92.8% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 36.0 | 52.5 | 327.0 | -14.5 | -22.3 | -37.3 | -50.3 | -25.9 | -13.7 |
| Price to sales | 19.0 | 16.1 | 70.5 | — | — | — | — | 274.5 | — |
Market value over time
29 Sept 2017 to 8 Oct 2026, in USD
$29.9m$10.03bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Return | 49% | 31% | 57% | 9% | 18% | 3% | 173% | 137% | -17% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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