R
111.22
+5.17%
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
$1.32bn
FY2021FY2026
Net income
−$348.8m
FY2021FY2026
Free cash flow
$253.3m
FY2021FY2026
Shareholders' equity
−$519.6m
FY2021FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | $1.32bn | $886.5m | $627.9m | $599.8m | $506.1m | $387.8m |
| Gross profit | $1.05bn | $620.8m | $389.7m | $320.3m | $269.9m | $217.2m |
| Research and development | $373.7m | $531.6m | $189.8m | $158.8m | $159.6m | $127.4m |
| Operating income | −$345.4m | −$1.13bn | −$308.4m | −$262.6m | −$249.8m | −$209.1m |
| Net income | −$348.8m | −$1.15bn | −$354.2m | −$277.7m | −$254.4m | −$213.1m |
| Diluted earnings per share | -1.70 | -5.82 | -1.93 | -1.58 | -1.45 | -1.21 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Total assets | $2.77bn | $1.42bn | $873.6m | $769.2m | $519.0m | $509.9m |
| Cash and short-term investments | $1.68bn | $705.1m | $279.3m | $295.9m | $138.8m | $217.3m |
| Total liabilities | $3.29bn | $1.98bn | $1.58bn | $1.14bn | $623.6m | $430.0m |
| Debt | $1.13bn | $322.3m | $287.0m | $179.7m | — | $6.0m |
| Shareholders' equity | −$519.6m | −$553.7m | −$704.5m | −$372.6m | −$104.6m | $79.9m |
| Shares outstanding | 205m | 198m | 184m | 176m | 176m | 176m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash from operations | $282.9m | $48.2m | −$4.5m | $19.3m | −$82.8m | −$58.7m |
| Capital spending | −$29.6m | −$16.9m | −$12.3m | −$34.3m | −$20.4m | −$15.9m |
| Free cash flow | $253.3m | $31.3m | −$16.9m | −$15.0m | −$103.2m | −$74.6m |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $427.3m | $387.1m | $377.7m | $350.2m | $309.9m | $278.5m | $258.1m | $236.2m |
| Gross profit | $335.1m | $311.8m | $305.6m | $284.4m | $246.3m | $218.0m | $199.6m | $180.0m |
| Operating income | −$71.9m | −$52.6m | −$82.4m | −$75.5m | −$94.5m | −$93.1m | −$116.1m | −$126.1m |
| Net income | −$61.8m | −$41.9m | −$87.0m | −$63.8m | −$95.9m | −$102.1m | −$114.9m | −$130.9m |
| Diluted earnings per share | -0.30 | -0.20 | -0.42 | -0.32 | -0.48 | -0.51 | -0.58 | -0.71 |
| Cash from operations | $76.0m | $81.0m | $94.0m | $86.0m | $63.0m | $39.0m | $83.0m | $23.0m |
| Capital spending | −$5.0m | −$8.0m | −$7.0m | −$2.0m | −$7.0m | −$2.0m | −$5.0m | −$7.0m |
| Free cash flow | $71.0m | $73.0m | $87.0m | $84.0m | $56.0m | $37.0m | $78.0m | $16.0m |
| Total assets | $2.85bn | $2.77bn | $2.77bn | $2.55bn | $2.39bn | $1.47bn | $1.42bn | $1.27bn |
| Cash and short-term investments | $1.75bn | $1.75bn | $1.68bn | $1.60bn | $1.52bn | $762.1m | $705.1m | $632.0m |
| Debt | $1.13bn | $1.15bn | $1.13bn | $1.13bn | $1.14bn | $334.6m | $332.4m | $326.4m |
| Shareholders' equity | −$499.4m | −$481.3m | −$519.6m | −$524.4m | −$564.3m | −$556.5m | −$553.7m | −$521.1m |
Financial ratios
Data as of 4 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 80.1% | 70.0% | 62.1% | 53.4% | 53.3% | 56.0% |
| Operating margin | -26.2% | -127.7% | -49.1% | -43.8% | -49.4% | -53.5% |
| Net margin | -26.5% | -130.3% | -56.4% | -46.3% | -50.3% | -55.0% |
| Return on equity | 67.1% | 208.6% | 50.3% | 74.5% | 243.1% | -266.8% |
| Return on assets | -12.6% | -81.2% | -40.5% | -36.1% | -49.0% | -41.8% |
| Free cash flow yield | 1.3% | 0.3% | 0.0% | 0.3% | -0.3% | — |
| Revenue growth | 48.5% | 41.2% | 4.7% | 18.5% | 30.5% | — |
| Earnings growth | -69.8% | 226.1% | 27.5% | 9.2% | 19.4% | — |
| Current ratio | 1.69x | 1.13x | 0.84x | 1.17x | 0.98x | 1.56x |
| Debt to equity | -2.18x | -0.60x | -0.42x | -0.51x | -0.06x | 0.07x |
| Equity ratio | -18.8% | -38.9% | -80.6% | -48.4% | -20.2% | 15.7% |
| Interest coverage | -20.05x | -27.45x | -10.18x | -22.43x | — | — |
| R&D as a share of sales | 28.4% | 60.0% | 30.2% | 26.5% | 31.5% | 32.8% |
| Buybacks as a share of market value | -3.3% | -8.1% | -4.4% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 29.9% | 27.7% | — |
| Operating income | 9.6% | 10.6% | — |
| Net income | 7.9% | 10.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 76.0% | 69.5% | 66.4% | — |
| Operating margin | -67.1% | -59.7% | -58.0% | — |
| Net margin | -68.3% | -62.3% | -60.2% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Price to earnings | -69.9 | -13.1 | -33.9 |
| Price to sales | 18.5 | 17.1 | 19.1 |
Market value over time
29 Apr 2024 to 2 Oct 2026, in USD
$6.16bn$24.30bn
Share price return
Finished calendar years
| 2025 | 2024 | |
|---|---|---|
| Return | 12% | 84% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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