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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 | $435.00M | $440.94M | $470.61M | $508.23M | $546.46M |
| Cost of revenue | $113.95M | $114.21M | $120.33M | $351.63M | $111.70M |
| Gross profit | $321.04M | $326.73M | $350.28M | $156.60M | $434.75M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 7380.0% |
| 7410.0% |
| 7440.0% |
| 3080.0% |
| 7960.0% |
| Research & development | $220.62M | $214.80M | $244.35M | $254.42M | $278.27M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $448.97M | $445.48M | $476.13M | $508.01M | $466.97M |
| Operating income | -$127.93M | -$118.75M | -$125.85M | -$351.41M | -$32.21M |
| Operating margin | -2940.0% | -2690.0% | -2670.0% | -6910.0% | -590.0% |
| Interest expense | $5.89M | $6.03M | $6.04M | $6.02M | $6.03M |
| Pretax income | -$75.71M | -$104.94M | -$117.45M | -$353.96M | -$20.31M |
| Tax provision | $2.19M | $2.42M | $9.37M | -$7.04M | $2.36M |
| Net income | -$77.64M | -$108.79M | -$126.36M | -$347.61M | -$23.60M |
| Net margin | -1780.0% | -2470.0% | -2690.0% | -6840.0% | -430.0% |
| EBITDA | -$31.71M | — | — | -$224.15M | — |
| Basic EPS | -0.19 | -0.26 | -0.3 | -0.8 | -0.05 |
| Diluted EPS | -0.19 | -0.26 | -0.3 | -0.8 | -0.05 |