| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.8 | 157.2 | 270.8 | 331.4 | 450.7 | 874.8 | 940.6 | +7.5% | |
| Cost of revenue | 1.7 | 7.3 | 6.6 | 4.7 | 12.5 | 19.1 | 718.7 | +3667.7% | |
| Gross profit | 16.1 | 149.9 | 264.2 | 326.8 | 438.2 | 855.8 | 220.7 | −74.2% | |
| Research & development | 123.0 | 208.8 | 253.3 | 216.6 | 174.6 | 166.1 | 197.8 | +19.0% | |
| Selling, general & administrative | 67.9 | 118.8 | 159.4 | 213.9 | 266.1 | 348.6 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 190.9 | 327.6 | 412.7 | 430.5 | 440.8 | 514.8 | 550.6 | +7.0% | |
| Operating income | (174.8) | (177.7) | (148.4) | (103.7) | (2.5) | 341.0 | (313.2) | −191.8% | |
| Interest expense | 14.5 | 59.3 | 99.1 | 108.2 | 98.5 | 78.9 | 75.3 | −4.5% | |
| Interest income | 9.4 | 0.1 | 5.1 | 15.8 | 14.7 | 10.7 | — | — | |
| Other income / expense | (8.1) | (4.1) | (95.9) | (122.5) | (84.4) | (73.6) | — | — | |
| Pre-tax income | (182.8) | (181.8) | (244.4) | (226.2) | (87.0) | 267.4 | (381.2) | −242.6% | |
| Income tax | 0.0 | 2.3 | 2.7 | 0.3 | 1.9 | 3.5 | 3.5 | −1.2% | |
| Net income | (182.8) | (184.1) | (247.1) | (226.5) | (88.9) | 263.9 | (384.7) | −245.8% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (1.09) | (1.03) | (1.33) | (1.18) | (0.43) | 1.26 | (1.44) | −214.7% | |
| EPS, diluted (per share) | (1.09) | (1.03) | (1.33) | (1.18) | (0.43) | 1.21 | (1.50) | −223.9% | |
| EBITDA | (167.6) | (121.7) | (143.9) | (116.3) | 12.8 | 347.7 | (310.3) | −189.3% | |
| Depreciation & amortization | 0.7 | 0.8 | 1.4 | 1.7 | 1.2 | 1.4 | 2.3 | +65.8% | |
| Weighted average shares (shares) | 167,267,000 | 179,117,000 | 185,908,000 | 192,198,000 | 206,696,000 | 209,893,000 | — | — | |
| Weighted average diluted shares (shares) | 167,267,000 | 179,117,000 | 185,908,000 | 192,198,000 | 206,696,000 | 218,581,000 | — | — | |
| Gross margin | 90.6% | 95.4% | 97.6% | 98.6% | 97.2% | 97.8% | 23.5% | −74.4 pts | |
| Operating margin | −981.1% | −113.1% | −54.8% | −31.3% | −0.6% | 39.0% | −33.3% | −72.3 pts | |
| Net margin | −1,026.4% | −117.1% | −91.2% | −68.4% | −19.7% | 30.2% | −40.9% | −71.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-06-30 and uses four consecutive reported quarters.
