Price chart (1D to 10Y)
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Income Statement, fiscal quarters · USD, as filed
| Line item | Mar 25 | Jun 25 | Sep 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| Total revenue | $479.08M | $512.31M | $562.02M | $639.75M | $696.06M |
| Cost of revenue | $115.57M | $128.67M | $146.31M | $184.15M | $196.54M |
| Gross profit | $363.51M | $383.63M | $415.71M | $455.59M | $499.51M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 7590.0% |
| 7490.0% |
| 7400.0% |
| 7120.0% |
| 7180.0% |
| Research & development | $115.08M | $134.55M | $120.95M | $150.97M | $159.48M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $416.75M | $450.90M | $453.17M | $517.59M | $705.21M |
| Operating income | -$53.24M | -$67.26M | -$37.46M | -$61.99M | -$205.69M |
| Operating margin | -1110.0% | -1310.0% | -670.0% | -970.0% | -2960.0% |
| Interest expense | $1.44M | $1.52M | $2.91M | $2.56M | $3.08M |
| Pretax income | -$36.75M | -$47.28M | $1.85M | -$21.40M | -$167.94M |
| Tax provision | $1.69M | $3.15M | $3.14M | $1.52M | $2.04M |
| Net income | -$38.45M | -$50.44M | -$1.29M | -$22.92M | -$169.98M |
| Net margin | -800.0% | -980.0% | -20.0% | -360.0% | -2440.0% |
| EBITDA | -$11.04M | -$23.46M | $9.94M | -$4.18M | -$146.79M |
| Basic EPS | -0.11 | -0.15 | 0 | -0.07 | -0.48 |
| Diluted EPS | -0.11 | -0.15 | 0 | -0.07 | -0.48 |