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 | $1.15B | $1.56B | $915.00M | $720.00M | $883.00M |
| Cost of revenue | $1.05B | $1.43B | $849.00M | $648.00M | $797.00M |
| Gross profit | $99.00M | $128.00M | $66.00M | $72.00M | $86.00M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 860.0% |
| 820.0% |
| 720.0% |
| 1000.0% |
| 970.0% |
| Research & development | $21.00M | $21.00M | $19.00M | $24.00M | $27.00M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $155.00M | $141.00M | $134.00M | $231.00M | $230.00M |
| Operating income | -$56.00M | -$13.00M | -$68.00M | -$159.00M | -$144.00M |
| Operating margin | -490.0% | -80.0% | -740.0% | -2210.0% | -1630.0% |
| Interest expense | $33.00M | $36.00M | $34.00M | $23.00M | $29.00M |
| Pretax income | -$85.00M | -$29.00M | -$89.00M | -$173.00M | -$162.00M |
| Tax provision | $200.00K | $200.00K | $1.00M | $100.00K | $100.00K |
| Net income | -$85.00M | -$29.00M | -$90.00M | -$173.00M | -$162.00M |
| Net margin | -740.0% | -190.0% | -980.0% | -2400.0% | -1830.0% |
| EBITDA | -$48.00M | -$5.00M | -$60.00M | -$153.00M | -$139.00M |
| Basic EPS | -0.12 | -0.04 | -0.12 | -0.18 | -0.17 |
| Diluted EPS | -0.12 | -0.04 | -0.12 | -0.18 | -0.17 |