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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 | $4.23B | $6.56B | $17.44B | $19.79B | $16.06B |
| Cost of revenue | $3.33B | $5.29B | $13.57B | $15.72B | $13.05B |
| Gross profit | $904.09M | $1.27B | $3.87B | $4.06B | $3.00B |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 2130.0% |
| 1940.0% |
| 2220.0% |
| 2050.0% |
| 1870.0% |
| Research & development | $515.70M | $983.01M | $1.49B | $1.51B | $1.61B |
| Selling, general & admin | $548.03M | $821.39M | $1.37B | $1.67B | $1.52B |
| Total operating expenses | $1.06B | $1.80B | $2.82B | $3.10B | $3.07B |
| Operating income | -$159.63M | -$529.90M | $1.04B | $961.61M | -$74.52M |
| Operating margin | -380.0% | -810.0% | 600.0% | 490.0% | -50.0% |
| Interest expense | $9.92M | $15.41M | $12.14M | — | — |
| Pretax income | -$23.97M | -$313.07M | $1.47B | $1.27B | $185.48M |
| Tax provision | $26.46M | -$18.41M | -$191.18M | $174.04M | $22.55M |
| Net income | -$50.44M | -$294.66M | $1.66B | $1.10B | $162.93M |
| Net margin | -120.0% | -450.0% | 950.0% | 560.0% | 100.0% |
| EBITDA | -$66.99M | -$353.91M | $1.29B | $1.38B | $588.28M |
| Basic EPS | -0.03 | -0.15 | 0.84 | 0.55 | 0.08 |
| Diluted EPS | -0.03 | -0.15 | 0.78 | 0.52 | 0.08 |