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 | $730.78M | $976.28M | $1.18B | $1.53B | $1.78B |
| Cost of revenue | $398.58M | $509.56M | $580.15M | $698.77M | $660.47M |
| Gross profit | $332.20M | $466.72M | $608.05M | $840.91M | $1.12B |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 4550.0% |
| 4780.0% |
| 5120.0% |
| 5460.0% |
| 6300.0% |
| Research & development | $114.50M | $132.53M | $133.33M | $120.56M | $125.04M |
| Selling, general & admin | $670.23M | $205.58M | $132.06M | $125.18M | $101.49M |
| Total operating expenses | $1.33B | $1.00B | $1.05B | $1.20B | $1.20B |
| Operating income | -$595.66M | -$23.48M | $140.48M | $339.07M | $592.89M |
| Operating margin | -8150.0% | -240.0% | 1180.0% | 2200.0% | 3320.0% |
| Interest expense | $6.00K | $25.00K | $0 | — | — |
| Pretax income | -$571.24M | $73.64M | $328.72M | $460.70M | $770.50M |
| Tax provision | $2.22M | $13.92M | $15.04M | $32.79M | $132.86M |
| Net income | -$573.47M | $59.72M | $313.68M | $427.91M | $637.64M |
| Net margin | -7850.0% | 610.0% | 2640.0% | 2780.0% | 3570.0% |
| EBITDA | -$585.08M | -$10.67M | $151.01M | $349.74M | $607.20M |
| Basic EPS | — | 0 | 0.01 | 0.02 | 0.03 |
| Diluted EPS | — | 0 | 0.01 | 0.02 | 0.03 |