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 | $854.98M | $998.22M | $1.04B | $1.00B | $1.17B |
| Cost of revenue | $199.27M | $203.00M | $212.32M | $238.55M | $257.35M |
| Gross profit | $655.71M | $795.21M | $836.88M | $768.96M | $922.30M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 7670.0% |
| 7970.0% |
| 7980.0% |
| 7630.0% |
| 7820.0% |
| Research & development | $331.66M | $359.62M | $371.25M | $380.78M | $451.01M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $691.19M | $799.54M | $778.36M | $849.25M | $977.49M |
| Operating income | -$35.47M | -$4.33M | $58.51M | -$80.29M | -$55.19M |
| Operating margin | -410.0% | -40.0% | 560.0% | -800.0% | -470.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$3.66M | $34.65M | $87.19M | -$63.50M | -$49.15M |
| Tax provision | -$12.58M | -$4.10M | -$4.91M | $10.08M | -$2.49M |
| Net income | $8.92M | $38.75M | $92.10M | -$73.58M | -$46.66M |
| Net margin | 100.0% | 390.0% | 880.0% | -730.0% | -400.0% |
| EBITDA | -$29.62M | — | — | -$71.46M | — |
| Basic EPS | 0.01 | 0.06 | 0.14 | -0.12 | -0.08 |
| Diluted EPS | 0.01 | 0.06 | 0.13 | -0.12 | -0.08 |