Price chart (1D to 10Y)
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Income Statement, fiscal quarters · USD, as filed
| Line item | Dec 24 | Mar 25 | Sep 25 | Dec 25 | Mar 26 |
|---|---|---|---|---|---|
| Total revenue | $673.90M | $624.00M | $550.80M | $656.50M | $630.90M |
| Cost of revenue | $355.60M | $306.00M | $267.10M | $325.20M | $303.70M |
| Gross profit | $318.40M | $318.10M | $283.70M | $331.30M | $327.30M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 4720.0% |
| 5100.0% |
| 5150.0% |
| 5050.0% |
| 5190.0% |
| Research & development | $60.30M | $59.60M | $62.10M | $65.00M | $58.80M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $364.30M | $350.50M | $242.40M | $345.60M | $274.80M |
| Operating income | -$45.90M | -$32.40M | $41.30M | -$14.30M | $52.50M |
| Operating margin | -680.0% | -520.0% | 750.0% | -220.0% | 830.0% |
| Interest expense | $34.60M | $32.60M | $32.30M | $31.50M | $30.00M |
| Pretax income | -$91.20M | -$46.90M | $14.60M | -$39.00M | $26.90M |
| Tax provision | $700.00K | $800.00K | $700.00K | -$200.00K | $400.00K |
| Net income | -$92.00M | -$47.70M | $13.90M | -$38.80M | $26.40M |
| Net margin | -1370.0% | -760.0% | 250.0% | -590.0% | 420.0% |
| EBITDA | — | — | $58.10M | — | — |
| Basic EPS | -0.24 | -0.12 | 0.03 | -0.09 | 0.06 |
| Diluted EPS | -0.24 | -0.12 | 0.03 | -0.09 | 0.06 |