R
23.97
+7.39%
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
$1.64bn
FY2015FY2025
Net income
$67.9m
FY2015FY2025
Free cash flow
$295.7m
FY2015FY2025
Shareholders' equity
$868.8m
FY2015FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.64bn | $1.26bn | $944.3m | $653.6m | $458.6m | $257.0m | $126.6m | $1.35bn | $1.25bn | $1.15bn |
| Research and development | $313.9m | $269.8m | $219.9m | $138.7m | $64.1m | $40.8m | $32.0m | — | — | — |
| Operating income | $81.6m | −$39.1m | −$114.2m | −$121.0m | −$39.7m | −$30.2m | −$50.6m | −$129.3m | −$68.8m | $17.4m |
| Net income | $67.9m | −$37.0m | −$117.8m | −$114.0m | −$38.8m | −$32.6m | −$51.4m | −$120.8m | −$103.2m | −$31.7m |
| Diluted earnings per share | 0.32 | -0.19 | -0.63 | -0.66 | -0.24 | -0.21 | -2.45 | -4.17 | -3.57 | -1.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.46bn | $1.01bn | $1.04bn | $696.0m | $625.7m | $363.0m | $266.1m | $592.1m | $645.5m | $700.9m |
| Cash and short-term investments | $828.9m | $368.1m | $323.7m | $300.6m | $403.3m | $186.7m | $182.4m | $31.9m | $27.8m | $35.7m |
| Total liabilities | $589.9m | $347.4m | $507.0m | $215.9m | $145.3m | $186.6m | $150.0m | $673.2m | $612.1m | $559.3m |
| Debt | $157.8m | $2.5m | $132.5m | — | — | $80.0m | $45.0m | $3.6m | $2.3m | $2.3m |
| Shareholders' equity | $868.8m | $665.5m | $529.3m | $480.1m | $480.3m | $176.4m | $116.1m | −$81.1m | $33.4m | $141.6m |
| Shares outstanding | 216m | 195m | 186m | 172m | 164m | 152m | 21m | 29m | 29m | 29m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $325.1m | $194.5m | −$53.6m | −$108.7m | −$18.4m | −$114.2m | $8.4m | −$12.9m | $9.3m | $92.5m |
| Capital spending | −$29.4m | −$17.7m | −$9.1m | −$3.7m | −$4.5m | −$4.4m | −$7.2m | −$23.8m | −$30.8m | −$26.0m |
| Free cash flow | $295.7m | $176.8m | −$62.7m | −$112.3m | −$22.9m | −$118.6m | $1.2m | −$36.7m | −$21.5m | $66.5m |
| Dividends paid | — | — | — | −$99,000 | — | — | −$130.8m | −$600,000 | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $495.2m | $452.8m | $442.2m | $419.5m | $411.9m | $361.6m | $351.9m | $336.5m |
| Operating income | $66.7m | $65.3m | $39.1m | $11.8m | $14.6m | $12.2m | −$3.7m | $368,000 |
| Net income | $205.9m | $49.1m | $41.2m | $8.8m | $6.5m | $11.4m | −$5.7m | $1.9m |
| Diluted earnings per share | 0.93 | 0.22 | 0.19 | 0.04 | 0.03 | 0.05 | -0.03 | 0.01 |
| Cash from operations | $216.0m | $81.0m | $149.0m | $1.0m | $41.0m | $132.0m | $55.0m | $146.0m |
| Capital spending | −$7.0m | −$9.0m | −$2.0m | — | −$12.0m | −$16.0m | −$5.0m | −$3.0m |
| Free cash flow | $209.0m | $72.0m | $147.0m | — | $29.0m | $116.0m | $50.0m | $143.0m |
| Total assets | $1.57bn | $1.39bn | $1.46bn | $1.21bn | $1.17bn | $1.10bn | $1.01bn | $970.4m |
| Cash and short-term investments | $676.4m | $649.1m | $828.9m | $476.9m | $515.9m | $493.9m | $368.1m | $324.4m |
| Debt | $10.8m | $9.5m | $164.0m | $7.2m | $6.5m | $6.5m | $7.2m | $7.9m |
| Shareholders' equity | $1.13bn | $907.4m | $868.8m | $797.2m | $764.9m | $723.5m | $665.5m | $630.8m |
Financial ratios
Data as of 23 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 4.8% | -2.1% | -11.6% | -17.1% | -7.9% | -11.8% |
| Net margin | 4.2% | -2.9% | -12.5% | -17.4% | -8.5% | -12.7% |
| Return on equity | 7.8% | -5.6% | -22.3% | -23.7% | -8.1% | -18.5% |
| Return on assets | 4.7% | -3.7% | -11.4% | -16.4% | -6.2% | -9.0% |
| Free cash flow yield | 6.5% | 4.3% | -0.9% | -2.4% | -0.3% | -2.9% |
| Revenue growth | 29.4% | 33.9% | 44.5% | 42.5% | 78.5% | 103.0% |
| Earnings growth | -283.7% | -68.6% | 3.4% | 194.2% | 19.0% | -36.6% |
| Current ratio | 3.30x | 2.73x | 2.54x | 3.20x | 4.29x | 1.90x |
| Debt to equity | 0.19x | 0.01x | 0.26x | 0.01x | 0.01x | 0.47x |
| Equity ratio | 59.6% | 65.7% | 51.1% | 69.0% | 76.8% | 48.6% |
| Interest coverage | 10.41x | -8.33x | -46.59x | -85.77x | -29.03x | -25.41x |
| R&D as a share of sales | 19.2% | 21.3% | 23.3% | 21.2% | 14.0% | 15.9% |
| Buybacks as a share of market value | -10.7% | -4.5% | -8.7% | -4.8% | -7.6% | -624.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 35.8% | 44.8% | 44.2% |
| Operating income | — | — | 47.0% |
| Net income | — | — | 36.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 1.5% | -4.3% | -5.0% | -5.4% |
| Net margin | 1.1% | -4.5% | -5.2% | -6.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 43.8 | -118.8 | -30.7 | -17.2 | -87.0 |
| Price to sales | 1.8 | 3.5 | 3.8 | 3.0 | 7.4 |
Market value over time
30 Sept 2021 to 22 Oct 2026, in USD
$1.17bn$5.60bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | -32% | 15% | 104% | -54% | -59% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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