76.94
+5.11%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$3.18bn
FY2016FY2025
Net income
$248.3m
FY2016FY2025
Free cash flow
−$22.7m
FY2016FY2025
Shareholders' equity
$590.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.18bn | $2.93bn | $3.01bn | $2.65bn | $2.02bn | $2.13bn | $3.04bn | $3.06bn | $2.56bn | $2.23bn |
| Gross profit | $621.1m | $554.3m | $1.22bn | $987.8m | $730.2m | $798.0m | $238.0m | $1.08bn | $846.2m | $883.5m |
| Research and development | $53.1m | $57.1m | $56.3m | $49.9m | $35.6m | $36.5m | $50.4m | $70.2m | $51.1m | $33.6m |
| Operating income | $450.9m | $247.9m | $915.2m | $709.4m | $481.1m | $558.0m | −$71.1m | $744.6m | $544.0m | $622.3m |
| Net income | $248.3m | −$176.1m | −$11.8m | −$350.3m | −$569.3m | −$805.6m | −$723.9m | −$640.9m | −$546.8m | −$1.03bn |
| Diluted earnings per share | 17.48 | -19.11 | -1.29 | -38.49 | -71.61 | -114.00 | -102.78 | -91.50 | -95.39 | -186.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $4.79bn | $4.50bn | $5.28bn | $4.73bn | $5.53bn | $5.50bn | $6.76bn | $7.85bn | $8.40bn | $8.19bn |
| Cash and short-term investments | $940.7m | $397.3m | $1.07bn | $452.3m | $991.5m | $481.7m | $452.5m | $481.8m | $365.4m | $295.2m |
| Total liabilities | $3.35bn | $3.30bn | $4.00bn | $3.51bn | $4.13bn | $3.80bn | $4.29bn | $4.70bn | $5.26bn | $4.93bn |
| Debt | $2.49bn | $2.51bn | $3.14bn | $2.54bn | $3.26bn | $2.97bn | $3.33bn | $3.59bn | $4.03bn | $3.58bn |
| Shareholders' equity | $590.7m | $135.0m | $326.6m | $1.22bn | $1.39bn | $1.70bn | $2.48bn | $2.70bn | $2.91bn | $3.25bn |
| Shares outstanding | 14m | 9m | 9m | 9m | 8m | 7m | 7m | 7m | 6m | 6m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $693.3m | $581.4m | $637.9m | $501.1m | $428.8m | $349.8m | $684.6m | $325.8m | $62.8m | $531.9m |
| Capital spending | −$715.9m | −$567.9m | −$540.9m | −$373.4m | −$237.6m | −$195.5m | −$427.7m | −$458.9m | −$574.5m | −$395.5m |
| Free cash flow | −$22.7m | $13.5m | $97.0m | $127.6m | $191.1m | $154.2m | $256.8m | −$133.2m | −$511.7m | $136.4m |
| Dividends paid | −$6.1m | −$87,000 | −$194,000 | −$65,000 | −$7.4m | −$22.5m | −$49.6m | −$87.1m | −$68.5m | −$50.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $816.9m | $783.5m | $797.5m | $818.2m | $832.8m | $736.2m | $729.8m | $731.8m |
| Gross profit | $355.6m | $133.9m | $152.0m | $166.0m | $343.9m | $134.2m | $296.4m | $300.1m |
| Operating income | $61.1m | $48.6m | $62.4m | $76.0m | $248.5m | $99.4m | $220.5m | $221.7m |
| Net income | −$29.1m | −$21.8m | $2.7m | $258.0m | −$30.9m | $33.0m | −$53.7m | −$55.8m |
| Diluted earnings per share | -2.04 | -1.53 | 0.19 | 18.16 | -2.18 | 2.32 | -5.83 | -6.06 |
| Cash from operations | $135.0m | $113.0m | $245.0m | $207.0m | $151.0m | $87.0m | $148.0m | $143.0m |
| Capital spending | −$125.0m | −$164.0m | −$162.0m | −$210.0m | −$178.0m | −$164.0m | −$208.0m | −$127.0m |
| Free cash flow | $10.0m | −$51.0m | $83.0m | −$3.0m | −$27.0m | −$77.0m | −$60.0m | $16.0m |
| Total assets | $4.42bn | $4.39bn | $4.79bn | $4.83bn | $5.04bn | $5.05bn | $4.50bn | $4.55bn |
| Cash and short-term investments | $509.8m | $500.9m | $940.7m | $428.1m | $387.4m | $404.1m | $397.3m | $459.3m |
| Debt | $2.14bn | $2.13bn | $2.50bn | $2.37bn | $2.69bn | $2.71bn | $2.52bn | $2.51bn |
| Shareholders' equity | $544.1m | $568.9m | $590.7m | $579.8m | $308.0m | $342.7m | $135.0m | $191.4m |
Financial ratios
Data as of 5 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 19.5% | 18.9% | 40.4% | 37.2% | 36.2% | 37.4% |
| Operating margin | 23.6% | 6.1% | 9.0% | 1.7% | -10.5% | -14.9% |
| Net margin | 7.8% | -6.0% | -0.4% | -13.2% | -28.2% | -37.8% |
| Return on equity | 42.0% | -130.4% | -3.6% | -28.8% | -40.8% | -47.4% |
| Return on assets | 5.2% | -3.9% | -0.2% | -7.4% | -10.3% | -14.6% |
| Free cash flow yield | 130.5% | 164.1% | 169.8% | 126.4% | 110.3% | 101.5% |
| Revenue growth | 8.7% | -2.5% | 13.3% | 31.5% | -5.5% | -29.9% |
| Earnings growth | -241.0% | 1394.3% | -96.6% | -38.5% | -29.3% | 11.3% |
| Current ratio | 1.56x | 1.75x | 1.36x | 1.68x | 2.89x | 2.20x |
| Debt to equity | 4.24x | 18.61x | 9.63x | 2.09x | 2.34x | 1.75x |
| Equity ratio | 12.3% | 3.0% | 6.2% | 25.7% | 25.2% | 30.9% |
| Interest coverage | 3.50x | 0.85x | 1.46x | 0.25x | -1.24x | -1.54x |
| R&D as a share of sales | 1.7% | 1.9% | 1.9% | 1.9% | 1.8% | 1.7% |
| Buybacks as a share of market value | -54.2% | -0.9% | -0.4% | -14.5% | -12.5% | -0.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.3% | 8.3% | -1.9% |
| Operating income | -14.0% | -4.2% | -8.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 19.2% | 28.7% | 30.8% | 30.8% |
| Operating margin | 11.4% | 19.7% | 21.1% | 20.6% |
| Net margin | 1.2% | -2.5% | -10.5% | -16.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 3.1 | -3.0 | -63.3 | -4.0 | -1.1 | -0.5 | -0.7 | -0.6 | -1.9 | -2.3 |
| Price to sales | 0.2 | 0.2 | 0.3 | 0.5 | 0.3 | 0.2 | 0.2 | 0.1 | 0.4 | 1.1 |
Market value over time
30 Dec 2016 to 4 Nov 2026, in USD
$4.54bn$1.10bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -9% | -36% | -40% | 81% | 32% | -23% | 43% | -66% | -62% | 92% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 11 Mar 2020.
| FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.50 | 2.00 | 12.00 | 12.00 | 12.00 | 12.00 | 10.00 | 8.00 |
- 50-to-1 reverse split · 23 Apr 2020
- 2-for-1 split · 18 Apr 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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