| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | — | — | $0 | $0 | — | — | $1.60M | $5.00M | — |
| Operating Profit | -$122.10M | -$124.20M | -$144.00M | -$176.10M | -$174.80M -43.2% | -$234.40M -88.7% | -$254.60M -76.8% | -$279.20M -58.5% | Weakening |
| Net Profit | -$115.30M | -$198.10M | -$93.40M | -$206.00M | -$129.90M -12.7% | -$188.90M +4.6% | -$217.70M -133.1% | -$263.20M -27.8% | Weakening |
| EPS | $-0.29 | — | $-0.17 | $-0.36 | $-0.20 +31.0% | — | $-0.28 -64.7% | $-0.34 +5.6% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$115.20M | -$198.30M | -$93.30M | -$205.90M | -$129.80M -12.7% | -$188.90M +4.7% | -$217.60M -133.2% | -$263.20M -27.8% | Weakening |
| MarginsOPM | — | — | — | — | — | — | -15912.5% | -5584.0% | — |
| Tax | -0.1% | 0.1% | -0.1% | -0.1% | -0.1% +11.1% | 0.0% -100.0% | -0.1% +54.5% | 0.0% +100.0% | Strengthening |
| ReturnsROIC | 4.1% | 7.1% | 3.4% | 7.4% | 4.7% +12.7% | 6.8% -4.6% | 7.8% +133.1% | 9.5% +27.8% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $36.60M | $746.60M | $69.40M | $464.60M | $834.50M | $1.02B | $852.70M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $37.40M | $754.80M | $545.50M | $480.20M | $858.40M | $2.08B | $1.65B |
| Net PP&E | $3.90M | $10.40M | $23.40M | $66.50M | $134.90M | $294.40M | $370.50M |
| Goodwill | — | — | — | — | $0 | $100.0K | $80.50M |
| Intangibles | $500.0K | $500.0K | $400.0K | $400.0K | $300.0K | $80.20M | $94.50M |
| Total Assets | $41.80M | $768.40M | $573.80M | $554.30M | $1.00B | $2.47B | $2.21B |
| LiabilitiesTotal Current Liabilities | $3.80M | $28.30M | $53.30M | $114.00M | $71.10M | $104.40M | $161.30M |
| Short-Term Debt | $600.0K | $9.50M | $9.30M | $0 | $0 | $800.0K | $2.10M |
| Long-Term Debt | $300.0K | $9.30M | $0 | $7.20M | $64.00M | $79.50M | $78.00M |
| Long-Term Leases | $1.50M | $1.20M | $9.20M | $13.20M | $11.30M | $36.30M | $38.70M |
| Total Liabilities | $5.90M | $69.50M | $80.50M | $187.20M | $248.60M | $263.10M | $298.70M |
| EquityCommon Stock & APIC | — | — | — | — | $100.0K | $100.0K | $100.0K |
| Retained Earnings | -$25.80M | -$373.60M | -$690.90M | -$1.15B | -$1.69B | -$2.30B | -$2.78B |
| Total Equity | $35.90M | $698.90M | $493.30M | $367.10M | $752.60M | $2.20B | $1.89B |
| HighlightsNet Cash / (Debt) | $35.70M | $727.80M | $60.10M | $457.40M | $770.50M | $941.20M | $772.60M |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$22.80M | -$108.40M | -$200.40M | -$271.60M | -$368.60M | -$432.90M | -$540.40M |
| Cash from Investing | -$1.90M | -$3.50M | -$464.30M | $420.70M | -$82.00M | -$1.18B | -$1.01B |
| Cash from Financing | $51.20M | $822.20M | -$9.90M | $250.10M | $820.40M | $1.80B | $680.20M |
| SummaryCapital Expenditure | -$1.40M | -$3.50M | -$6.90M | -$44.30M | -$82.00M | -$78.80M | -$119.60M |
| Free Cash Flow | -$24.20M | -$111.90M | -$207.30M | -$315.90M | -$450.60M | -$511.70M | -$660.00M |
| FCF Margin | — | — | — | — | — | -170566.7% | — |