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Price chart (1D to 10Y)
Licensed market data — shown to members, not published to the open web.
Income Statement, fiscal quarters · USD, as filed
| Line item | Dec 24 | Mar 25 | Sep 25 | Dec 25 | Mar 26 |
|---|---|---|---|---|---|
| Total revenue | $1.28B | $1.35B | $1.43B | $1.58B | $1.78B |
| Cost of revenue | $223.12M | $219.67M | $257.92M | $237.69M | $262.76M |
| Gross profit | $1.06B | $1.13B | $1.17B | $1.34B | $1.52B |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 8270.0% |
| 8380.0% |
| 8200.0% |
| 8500.0% |
| 8530.0% |
| Research & development | $680.21M | $685.32M | $755.99M | $826.48M | $926.95M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $1.12B | $1.14B | $1.27B | $1.39B | $1.58B |
| Operating income | -$57.47M | -$12.45M | -$96.33M | -$47.74M | -$56.28M |
| Operating margin | -450.0% | -90.0% | -670.0% | -300.0% | -310.0% |
| Interest expense | $7.29M | $7.80M | $8.63M | $12.52M | $14.14M |
| Pretax income | -$47.18M | -$7.35M | -$56.32M | -$55.75M | -$62.79M |
| Tax provision | -$8.97M | $63.45M | -$4.45M | -$13.11M | $35.59M |
| Net income | -$38.20M | -$70.80M | -$51.87M | -$42.64M | -$98.38M |
| Net margin | -300.0% | -520.0% | -360.0% | -270.0% | -550.0% |
| EBITDA | -$34.33M | $10.72M | -$72.00M | -$12.12M | -$15.00M |
| Basic EPS | -0.15 | -0.27 | -0.2 | -0.16 | -0.38 |
| Diluted EPS | -0.15 | -0.27 | -0.2 | -0.16 | -0.38 |