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Price chart (1D to 10Y)
Licensed market data — shown to members, not published to the open web.
Income Statement, fiscal years · USD, as filed
| Line item | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Total revenue | $259.75M | $388.83M | $557.72M | $782.11M | $901.30M |
| Cost of revenue | $144.89M | $205.21M | $281.50M | $390.56M | $501.24M |
| Gross profit | $114.85M | $183.61M | $276.21M | $391.55M | $400.06M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 4420.0% |
| 4720.0% |
| 4950.0% |
| 5010.0% |
| 4440.0% |
| Research & development | $34.20M | $62.22M | $92.70M | $105.47M | $144.98M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $76.15M | $124.58M | $180.37M | $240.55M | $290.63M |
| Operating income | $38.70M | $59.03M | $95.83M | $150.99M | $109.42M |
| Operating margin | 1490.0% | 1520.0% | 1720.0% | 1930.0% | 1210.0% |
| Interest expense | $765.00K | $1.65M | $2.68M | $4.15M | $6.95M |
| Pretax income | $43.05M | $67.36M | $116.21M | $166.30M | $135.19M |
| Tax provision | $134.00K | $16.79M | $19.36M | $35.03M | $13.29M |
| Net income | $37.75M | $39.26M | $77.34M | $103.62M | $94.07M |
| Net margin | 1450.0% | 1010.0% | 1390.0% | 1320.0% | 1040.0% |
| EBITDA | $41.05M | $63.87M | $102.75M | $157.57M | $123.83M |
| Basic EPS | — | 0.66 | 1.29 | 1.67 | 1.47 |
| Diluted EPS | — | 0.59 | 1.16 | 1.53 | 1.37 |