| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $191.48M | $201.81M | $203.47M | $232.09M | $265.20M +38.5% | $281.27M +39.4% | $301.67M +48.3% | $334.98M +44.3% | Strengthening |
| Operating Profit | -$117.33M | -$125.97M | -$111.04M | -$106.41M | -$98.99M +15.6% | -$120.81M +4.1% | -$121.35M -9.3% | -$129.12M -21.3% | Weakening |
| Net Profit | -$107.75M | -$111.01M | -$95.16M | -$99.90M | -$92.72M +13.9% | -$128.49M -15.8% | -$112.08M -17.8% | -$120.14M -20.3% | Weakening |
| EPS | $-0.88 | — | $-0.77 | $-0.80 | $-0.74 +15.9% | — | $-0.85 -10.4% | $-0.90 -12.5% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $646.0K | $645.0K | $791.0K | $983.0K | $943.0K +46.0% | $1.18M +82.9% | $1.35M +70.3% | $1.35M +36.9% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$107.72M | -$110.29M | -$94.87M | -$99.86M | -$92.59M +14.0% | -$130.22M -18.1% | -$111.70M -17.7% | -$119.96M -20.1% | Weakening |
| MarginsOPM | -61.3% | -62.4% | -54.6% | -45.9% | -37.3% +39.1% | -43.0% +31.2% | -40.2% +26.3% | -38.5% +15.9% | Strengthening |
| Tax | -0.0% | -0.7% | -0.3% | -0.0% | -0.1% -400.0% | 1.3% | -0.3% -6.5% | -0.1% -275.0% | Weakening |
| ReturnsROIC | 3.3% | 3.4% | 2.9% | 3.1% | 2.9% -13.9% | 4.0% +15.8% | 3.5% +17.8% | 3.7% +20.3% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $140.54M | $143.23M | $832.98M | $492.20M | $141.65M | $1.13B | $525.54M | $378.20M | $1.05B |
| Short-Term Investments | $278.42M | $379.57M | $961.90M | $440.55M | $869.58M | — | — | — | — |
| Total Current Assets | $468.99M | $597.36M | $1.89B | $1.11B | $1.19B | $1.35B | $1.06B | $1.47B | $1.36B |
| Net PP&E | $31.00M | $72.81M | $100.13M | $313.90M | $341.92M | $302.71M | $279.08M | $304.76M | $302.87M |
| Goodwill | $0 | $3.29M | $3.29M | $3.29M | $3.29M | $3.29M | $3.29M | $77.26M | $77.26M |
| Intangibles | $0 | $8.52M | $16.16M | $14.21M | $11.73M | $8.98M | $6.76M | $25.92M | $25.27M |
| Total Assets | $587.40M | $962.53M | $2.27B | $2.20B | $1.61B | $1.79B | $1.49B | $2.01B | $1.91B |
| LiabilitiesTotal Current Liabilities | $46.94M | $72.73M | $66.81M | $194.69M | $193.22M | $205.92M | $225.58M | $302.73M | $338.96M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | $1.14B | $1.50B | $1.50B |
| Long-Term Leases | — | $33.26M | $41.56M | $226.05M | $210.01M | $185.85M | $164.29M | $178.46M | $166.31M |
| Total Liabilities | $62.45M | $114.54M | $916.19M | $1.56B | $1.55B | $1.63B | $1.63B | $2.11B | $2.14B |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — | — | — |
| Retained Earnings | -$280.80M | -$352.81M | -$606.59M | -$1.01B | -$1.66B | -$2.14B | -$2.58B | -$2.99B | -$3.23B |
| Total Equity | $483.15M | $798.39M | $1.30B | $645.00M | $60.18M | $158.68M | -$139.65M | -$99.31M | -$222.87M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$72.19M | -$47.13M | -$103.93M | -$209.02M | -$309.46M | -$324.98M | -$239.86M | -$184.76M | -$185.19M |
| Cash from Investing | -$153.03M | -$317.57M | -$617.09M | -$63.16M | $149.82M | $840.25M | -$261.31M | -$627.20M | -$118.53M |
| Cash from Financing | $293.16M | $367.30M | $1.41B | -$66.82M | -$189.09M | $477.38M | -$996.0K | $671.13M | $737.80M |
| SummaryCapital Expenditure | -$20.20M | -$18.72M | -$36.17M | -$75.03M | -$77.46M | -$20.49M | -$35.09M | -$48.31M | -$55.54M |
| Free Cash Flow | -$92.39M | -$65.85M | -$140.10M | -$284.05M | -$386.92M | -$345.46M | -$274.94M | -$233.07M | -$240.72M |
| FCF Margin | -101.9% | -30.7% | -48.9% | -76.0% | -86.1% | -61.3% | -37.2% | -23.7% | -20.3% |