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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 | $598.00M | $655.00M | $676.00M | $708.00M | $772.00M |
| Cost of revenue | $139.00M | $166.00M | $185.00M | $189.00M | $210.00M |
| Gross profit | $459.00M | $489.00M | $491.00M | $519.00M | $562.00M |
Source: SEC filings. Information and analytics, not investment advice.
| Gross margin |
| 7680.0% |
| 7470.0% |
| 7260.0% |
| 7330.0% |
| 7280.0% |
| Research & development | $149.00M | $153.00M | $151.00M | $150.00M | $156.00M |
| Selling, general & admin | — | — | — | — | — |
| Total operating expenses | $468.00M | $500.00M | $494.00M | $483.00M | $572.00M |
| Operating income | -$9.00M | -$11.00M | -$3.00M | $36.00M | -$10.00M |
| Operating margin | -150.0% | -170.0% | -40.0% | 510.0% | -130.0% |
| Interest expense | $5.00M | $5.00M | $3.00M | $4.00M | $6.00M |
| Pretax income | $8.00M | $2.00M | $12.00M | $48.00M | -$3.00M |
| Tax provision | $0 | $0 | $2.00M | $2.00M | $1.00M |
| Net income | $8.00M | $2.00M | $10.00M | $46.00M | -$4.00M |
| Net margin | 130.0% | 30.0% | 150.0% | 650.0% | -50.0% |
| EBITDA | $56.00M | — | — | $101.00M | — |
| Basic EPS | 0.03 | 0.01 | 0.04 | 0.19 | -0.02 |
| Diluted EPS | 0.03 | 0.01 | 0.04 | 0.19 | -0.02 |