Price chart (1D to 10Y)
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Income Statement, fiscal years · USD, as filed
| Line item | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 |
|---|---|---|---|---|---|
| Total revenue | $1.26B | $1.38B | $1.56B | $1.76B | $1.99B |
| Cost of revenue | $488.57M | $526.22M | $512.52M | $564.63M | $636.35M |
| Gross profit | $781.07M | $861.43M | $1.04B | $1.19B | $1.35B |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 6150.0% |
| 6210.0% |
| 6720.0% |
| 6790.0% |
| 6810.0% |
| Research & development | $424.93M | $482.86M | $481.29M | $495.28M | $645.50M |
| Selling, general & admin | $169.64M | $171.04M | $160.03M | $175.13M | $195.15M |
| Total operating expenses | $1.10B | $1.14B | $1.07B | $1.09B | $1.35B |
| Operating income | -$325.53M | -$285.35M | -$24.38M | $100.14M | $1.75M |
| Operating margin | -2560.0% | -2060.0% | -160.0% | 570.0% | 10.0% |
| Interest expense | — | — | — | — | — |
| Pretax income | -$53.00M | -$467.84M | $37.83M | $151.92M | $1.08M |
| Tax provision | $64.20M | -$42.98M | $4.70M | $13.60M | -$51.04M |
| Net income | -$117.20M | -$424.86M | $33.13M | $138.32M | $50.64M |
| Net margin | -920.0% | -3060.0% | 210.0% | 790.0% | 250.0% |
| EBITDA | — | — | $2.06M | $131.25M | $33.20M |
| Basic EPS | -2.06 | -7.33 | 0.58 | 2.49 | 0.91 |
| Diluted EPS | -2.06 | -7.33 | 0.57 | 2.36 | 0.88 |