P
19.06
+0.53%
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.
Revenue
$4.22bn
FY2016FY2025
Net income
$416.9m
FY2016FY2025
Free cash flow
$1.25bn
FY2016FY2025
Shareholders' equity
$4.75bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.22bn | $3.65bn | $3.06bn | $2.80bn | $2.58bn | $1.69bn | $1.14bn | $755.9m | $472.9m | $298.9m |
| Gross profit | $3.38bn | $2.90bn | $2.37bn | $2.12bn | $2.05bn | $1.24bn | $783.9m | $514.3m | $294.2m | $138.9m |
| Research and development | $1.43bn | $1.24bn | $1.07bn | $949.0m | $780.3m | $606.2m | $1.21bn | $251.7m | $208.0m | — |
| Operating income | $319.9m | $179.8m | −$125.7m | −$101.7m | $326.2m | −$142.5m | −$1.39bn | −$74.7m | −$137.9m | −$188.0m |
| Net income | $416.9m | $1.86bn | −$35.6m | −$96.0m | $316.4m | −$128.3m | −$1.36bn | −$63.0m | −$130.0m | −$182.1m |
| Diluted earnings per share | 0.62 | 2.71 | -0.05 | -0.14 | 0.46 | -0.19 | -2.42 | -0.14 | -0.29 | -0.41 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $5.51bn | $5.34bn | $3.59bn | $3.86bn | $3.54bn | $2.61bn | $2.39bn | $1.19bn | $1.21bn | — |
| Cash and short-term investments | $2.47bn | $2.51bn | $2.51bn | $2.70bn | $2.48bn | $1.76bn | $1.72bn | $627.8m | $711.6m | — |
| Total liabilities | $765.7m | $591.5m | $503.7m | $581.1m | $498.5m | $367.1m | $369.6m | $322.3m | $295.0m | — |
| Shareholders' equity | $4.75bn | $4.75bn | $3.09bn | $3.28bn | $3.04bn | $2.24bn | $2.02bn | $870.8m | $918.9m | — |
| Shares outstanding | 677m | 688m | 695m | 674m | 690m | 689m | 562m | 449m | 449m | 449m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $1.28bn | $964.6m | $613.0m | $469.2m | $752.9m | $28.8m | $657,000 | −$60.4m | −$102.9m | — |
| Capital spending | −$32.4m | −$24.6m | −$8.1m | −$29.0m | −$9.0m | −$17.4m | −$33.8m | −$22.2m | −$41.2m | — |
| Free cash flow | $1.25bn | $940.0m | $604.9m | $440.2m | $743.9m | $11.4m | −$33.1m | −$82.6m | −$144.1m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.18bn | $1.01bn | $1.32bn | $1.05bn | $998.2m | $855.0m | $1.15bn | $898.4m |
| Gross profit | $922.3m | $769.0m | $1.09bn | $836.9m | $795.2m | $655.7m | $957.2m | $710.9m |
| Operating income | −$55.2m | −$33.2m | $301.2m | $58.5m | −$4.3m | −$35.5m | $261.6m | −$5.9m |
| Net income | −$46.7m | −$73.6m | $277.1m | $92.1m | $38.8m | $8.9m | $1.85bn | $30.6m |
| Diluted earnings per share | -0.08 | -0.12 | 0.41 | 0.14 | 0.06 | 0.01 | 2.68 | 0.04 |
| Cash from operations | $620.0m | $328.0m | $391.0m | $321.0m | $207.0m | $363.0m | $253.0m | $248.0m |
| Capital spending | −$39.0m | −$16.0m | −$10.0m | −$3.0m | −$11.0m | −$7.0m | −$3.0m | −$3.0m |
| Free cash flow | $581.0m | $312.0m | $381.0m | $318.0m | $196.0m | $356.0m | $250.0m | $245.0m |
| Total assets | $4.76bn | $4.65bn | $5.51bn | $5.52bn | $5.40bn | $5.28bn | $5.34bn | $3.49bn |
| Cash and short-term investments | $1.27bn | $1.30bn | $2.47bn | $2.67bn | $2.66bn | $2.62bn | $2.51bn | $2.44bn |
| Debt | $981.1m | $980.2m | $41.4m | — | — | — | $34.4m | — |
| Shareholders' equity | $2.89bn | $2.85bn | $4.75bn | $4.82bn | $4.81bn | $4.69bn | $4.75bn | $2.89bn |
Financial ratios
Data as of 5 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 80.1% | 79.4% | 77.5% | 75.8% | 79.5% | 73.5% | — |
| Operating margin | 7.6% | 4.9% | -4.1% | -3.6% | 12.7% | -8.4% | — |
| Net margin | 9.9% | 51.1% | -1.2% | -3.4% | 12.3% | -7.6% | — |
| Return on equity | 8.8% | 39.2% | -1.2% | -2.9% | 10.4% | -5.7% | — |
| Return on assets | 7.6% | 34.9% | -1.0% | -2.5% | 8.9% | -4.9% | — |
| Free cash flow yield | 10.1% | 7.5% | 4.6% | 3.8% | 5.7% | 0.3% | — |
| Revenue growth | 15.8% | 19.3% | 9.0% | 8.7% | 52.3% | 48.1% | — |
| Earnings growth | -77.6% | -5329.2% | -62.9% | -130.4% | -346.6% | -90.6% | — |
| Current ratio | 7.64x | 8.75x | 10.53x | 9.08x | 12.25x | 11.51x | — |
| Debt to equity | 0.01x | 0.01x | 0.01x | 0.02x | 0.01x | 0.02x | — |
| Equity ratio | 86.1% | 88.9% | 86.0% | 85.0% | 85.9% | 85.9% | — |
| Interest coverage | 2.90x | — | -1.19x | -6.68x | 34.63x | -224.42x | -649.91x |
| R&D as a share of sales | 33.8% | 34.0% | 35.0% | 33.9% | 30.3% | 35.8% | — |
| Buybacks as a share of market value | 1.6% | 1.0% | -3.1% | 2.3% | -0.1% | -22.5% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.6% | 20.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 79.8% | 78.4% | 78.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 42.1 | 10.7 | -722.9 | -170.5 | 79.3 | -353.9 | -7.7 |
| Price to sales | 4.2 | 5.5 | 8.4 | 5.8 | 9.7 | 26.8 | 9.2 |
Market value over time
30 Apr 2019 to 2 Oct 2026, in USD
$3.93bn$11.55bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Return | -12% | -21% | 57% | -32% | -49% | 268% | -22% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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