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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 23 | Dec 24 | Dec 25 |
|---|---|---|---|
| Total revenue | $247.64M | $479.94M | $875.25M |
| Cost of revenue | — | — | — |
| Gross profit | $34.77M | $196.26M | $444.28M |
| Gross margin | 1400.0% | 4090.0% | 5080.0% |
| Research & development | — | — | — |
Source: SEC filings. Information and analytics, not investment advice.
| Selling, general & admin |
| — |
| — |
| — |
| Total operating expenses | $66.54M | $65.56M | $168.65M |
| Operating income | -$31.77M | $130.69M | $275.62M |
| Operating margin | -1280.0% | 2720.0% | 3150.0% |
| Interest expense | $16.31M | $19.93M | $22.22M |
| Pretax income | -$48.49M | $109.82M | $244.78M |
| Tax provision | -$5.06M | $15.02M | $64.42M |
| Net income | -$45.78M | $52.09M | $70.78M |
| Net margin | -1850.0% | 1090.0% | 810.0% |
| EBITDA | -$14.18M | $149.67M | $296.15M |
| Basic EPS | -10.39 | 10.23 | 11.13 |
| Diluted EPS | -10.39 | 9.69 | 10.48 |