Price chart (1D to 10Y)
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Income Statement, fiscal quarters · USD, as filed
| Line item | Mar 25 | Jun 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| Total revenue | $259.75M | $344.76M | $545.66M | $281.52M | $375.26M |
| Cost of revenue | $146.14M | $195.04M | $292.20M | $156.87M | $185.95M |
| Gross profit | $113.60M | $149.72M | $253.46M | $124.64M | $189.31M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 4370.0% |
| 4340.0% |
| 4650.0% |
| 4430.0% |
| 5040.0% |
| Research & development | $77.42M | $59.75M | $59.76M | $64.13M | $67.87M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $174.83M | $152.65M | $153.04M | $156.22M | $157.77M |
| Operating income | -$61.22M | -$2.92M | $100.41M | -$31.57M | $31.53M |
| Operating margin | -2360.0% | -80.0% | 1840.0% | -1120.0% | 840.0% |
| Interest expense | $109.00K | $117.00K | $116.00K | $104.00K | $110.00K |
| Pretax income | -$59.16M | -$813.00K | $102.06M | -$31.12M | $34.30M |
| Tax provision | $10.97M | $2.56M | $8.27M | -$2.24M | $4.44M |
| Net income | -$70.14M | -$3.37M | $93.79M | -$28.88M | $29.85M |
| Net margin | -2700.0% | -100.0% | 1720.0% | -1030.0% | 800.0% |
| EBITDA | — | — | $114.43M | — | — |
| Basic EPS | -0.58 | -0.03 | 0.78 | -0.24 | 0.25 |
| Diluted EPS | -0.58 | -0.03 | 0.75 | -0.24 | 0.25 |