12.07
+1.34%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$3.34bn
FY2016FY2025
Net income
$126.2m
FY2016FY2025
Free cash flow
$142.6m
FY2016FY2025
Shareholders' equity
$1.46bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.34bn | $2.74bn | $2.47bn | $2.71bn | $2.91bn | $1.90bn | $2.22bn | $2.05bn | $1.60bn | $1.35bn |
| Gross profit | $3.16bn | $2.74bn | $2.47bn | $2.71bn | $2.91bn | $1.90bn | $2.22bn | $2.05bn | $1.60bn | $1.35bn |
| Research and development | — | $7.9m | $2.9m | $2.1m | $1.3m | $1.3m | $2.0m | $900,000 | $400,000 | $900,000 |
| Operating income | $234.0m | $163.0m | $125.2m | $185.6m | $1.25bn | $184.0m | $246.2m | $332.6m | $199.8m | $167.4m |
| Net income | $126.2m | $61.2m | $42.6m | $83.3m | $750.7m | $80.1m | $117.3m | $106.7m | $144.5m | $168.4m |
| Diluted earnings per share | 0.50 | 0.24 | 0.25 | 0.48 | 2.95 | 0.44 | 0.66 | 0.40 | 1.06 | 1.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $5.02bn | $4.71bn | $4.47bn | $3.94bn | $5.22bn | $3.98bn | $3.20bn | $3.45bn | $2.27bn | $2.53bn |
| Cash and short-term investments | $349.3m | $197.7m | $164.9m | $233.8m | $715.9m | $224.7m | $200.4m | $171.4m | $178.7m | $66.6m |
| Total liabilities | $3.27bn | $3.19bn | $2.89bn | $2.42bn | $3.55bn | $3.04bn | $2.24bn | $2.37bn | $2.03bn | $1.55bn |
| Debt | $1.56bn | $1.42bn | $1.05bn | $685.2m | $1.74bn | $1.77bn | $835.7m | $1.51bn | $1.50bn | $258.4m |
| Shareholders' equity | $1.46bn | $1.21bn | $1.25bn | $1.18bn | $1.28bn | $655.0m | $599.7m | $1.08bn | $243.4m | $983.8m |
| Shares outstanding | 254m | 253m | 173m | 174m | 254m | 181m | 177m | 268m | 137m | 150m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $172.0m | −$9.9m | −$266.0m | $1.20bn | −$59.9m | −$777.7m | $986.8m | −$332.4m | $852.2m | −$646.3m |
| Capital spending | −$29.4m | −$33.1m | −$55.4m | −$62.2m | −$19.7m | −$19.8m | −$36.0m | −$24.1m | −$21.1m | −$34.9m |
| Free cash flow | $142.6m | −$43.1m | −$321.3m | $1.13bn | −$79.6m | −$797.5m | $950.7m | −$356.5m | $831.1m | −$681.3m |
| Dividends paid | −$21.7m | −$20.6m | −$20.9m | −$17.9m | −$7.6m | −$23.2m | −$69.2m | −$41.8m | −$190.9m | −$101.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $888.4m | $847.2m | $1.01bn | $863.5m | $759.1m | $665.5m | $872.7m | $685.9m |
| Gross profit | $842.5m | $800.9m | $959.1m | $863.5m | $759.1m | $665.5m | $872.7m | $685.9m |
| Operating income | $40.4m | $27.0m | $123.6m | $85.2m | $42.7m | −$17.5m | $103.9m | $41.1m |
| Net income | $19.7m | $14.4m | $68.0m | $46.2m | $20.8m | −$8.8m | $45.4m | $17.8m |
| Diluted earnings per share | 0.08 | 0.06 | 0.27 | 0.18 | 0.08 | -0.03 | 0.18 | 0.07 |
| Cash from operations | $362.0m | −$247.0m | $618.0m | $112.0m | −$379.0m | −$179.0m | $402.0m | −$85.0m |
| Capital spending | −$20.0m | −$10.0m | −$9.0m | −$7.0m | −$5.0m | −$5.0m | −$6.0m | −$9.0m |
| Free cash flow | $342.0m | −$257.0m | $609.0m | $105.0m | −$384.0m | −$184.0m | $396.0m | −$94.0m |
| Total assets | $5.19bn | $5.28bn | $5.02bn | $5.46bn | $5.39bn | $4.85bn | $4.71bn | $5.00bn |
| Cash and short-term investments | $387.4m | $335.0m | $349.3m | $224.1m | $195.8m | $157.1m | $197.7m | $178.6m |
| Debt | $1.78bn | $1.96bn | $1.56bn | $2.20bn | $2.27bn | $1.70bn | $1.53bn | $1.87bn |
| Shareholders' equity | $1.75bn | $1.40bn | $1.46bn | $1.37bn | $1.28bn | $1.32bn | $1.21bn | $1.17bn |
Financial ratios
Data as of 26 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 94.6% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | — |
| Operating margin | 7.0% | 6.0% | 5.1% | 6.9% | 43.2% | 8.9% | — |
| Net margin | 3.8% | 2.2% | 1.7% | 3.1% | 25.8% | 4.2% | — |
| Return on equity | 8.6% | 5.1% | 3.4% | 7.0% | 58.7% | 12.2% | — |
| Return on assets | 2.5% | 1.3% | 1.0% | 2.1% | 14.4% | 2.0% | — |
| Free cash flow yield | 6.9% | 0.8% | -10.6% | 62.9% | -1.4% | -36.4% | — |
| Revenue growth | 21.9% | 10.9% | -8.7% | -6.9% | 52.6% | -14.1% | — |
| Earnings growth | 106.1% | 43.8% | -48.9% | -88.9% | 837.7% | -31.8% | — |
| Current ratio | 2.25x | 1.00x | 1.01x | 0.68x | 1.15x | 1.07x | — |
| Debt to equity | 1.07x | 1.27x | 0.92x | 1.13x | 1.42x | 2.75x | — |
| Equity ratio | 29.1% | 25.6% | 28.0% | 30.0% | 24.5% | 16.4% | — |
| Interest coverage | 7.20x | 5.13x | 5.76x | 5.99x | 37.48x | 4.50x | — |
| R&D as a share of sales | — | 0.3% | 0.1% | 0.1% | 0.0% | 0.1% | 0.1% |
| Buybacks as a share of market value | -0.5% | -46.1% | 0.3% | 31.7% | -40.6% | -2.3% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.2% | 11.9% | 10.8% |
| Operating income | 8.0% | 4.9% | — |
| Net income | 14.9% | 9.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 97.0% | 98.4% | 98.9% | 99.3% |
| Operating margin | 6.5% | 6.3% | 13.4% | 12.6% |
| Net margin | 3.1% | 2.8% | 7.1% | 6.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 34.9 | 52.9 | 44.6 | 16.6 | 6.3 | 16.5 | 20.3 | 20.1 | 15.0 |
| Price to sales | 1.3 | 1.2 | 0.8 | 0.5 | 1.6 | 0.7 | 1.1 | 1.1 | 1.4 |
Market value over time
29 Dec 2017 to 23 Oct 2026, in USD
$2.18bn$2.93bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Return | 34% | 31% | 29% | -50% | 113% | -47% | 60% | -44% | 10% |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 13 Nov 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.21 | 0.12 | 0.12 | 0.12 | 0.10 | 0.04 | 0.13 | 0.39 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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