| USD billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.8 | 17.7 | 18.9 | 6.8 | 3.2 | 1.9 | 2.2 | +14.6% | |
| Cost of revenue | 0.0 | 2.6 | 5.4 | 4.7 | 1.5 | 0.9 | 1.7 | +96.7% | |
| Gross profit | 0.8 | 15.1 | 13.5 | 2.2 | 1.7 | 1.1 | 0.3 | −68.5% | |
| Research & development | 1.4 | 2.0 | 3.3 | 4.8 | 4.5 | 3.1 | 2.9 | −8.2% | |
| Selling, general & administrative | 0.2 | 0.6 | 1.1 | 1.5 | 1.2 | 1.0 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.1 | 0.2 | 0.1 | 0.0 | — | — | |
| Operating expenses | 1.5 | 1.8 | 4.0 | 6.4 | 5.7 | 4.2 | 4.6 | +10.7% | |
| Operating income | (0.8) | 13.3 | 9.4 | (4.2) | (3.9) | (3.1) | (3.3) | −8.0% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Interest income | 0.0 | 0.0 | 0.2 | 0.4 | 0.4 | 0.3 | 0.3 | −10.2% | |
| Other income / expense | 0.0 | (0.0) | 0.2 | 0.3 | 0.3 | 0.3 | — | — | |
| Pre-tax income | (0.7) | 13.3 | 9.6 | (3.9) | (3.6) | (2.8) | (3.1) | −11.5% | |
| Income tax | 0.0 | 1.1 | 1.2 | 0.8 | (0.0) | 0.1 | 0.1 | +18.5% | |
| Net income | (0.7) | 12.2 | 8.4 | (4.7) | (3.6) | (2.8) | (3.2) | −11.7% | |
| 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) | (1.96) | 30.31 | 21.26 | (12.34) | (9.27) | (7.26) | (7.99) | −10.0% | |
| EPS, diluted (per share) | (1.96) | 28.29 | 20.10 | (12.34) | (9.27) | (7.26) | (7.99) | −10.0% | |
| EBITDA | (0.7) | 13.5 | 10.0 | (3.3) | (3.4) | (2.6) | (3.0) | −18.2% | |
| Depreciation & amortization | 0.0 | 0.2 | 0.3 | 0.6 | 0.2 | 0.2 | 0.2 | +7.9% | |
| Weighted average shares (shares) | 381,333,059 | 403,000,000 | 394,000,000 | 382,000,000 | 384,000,000 | 389,000,000 | — | — | |
| Weighted average diluted shares (shares) | 381,333,059 | 431,000,000 | 416,000,000 | 382,000,000 | 384,000,000 | 389,000,000 | — | — | |
| Gross margin | 95.1% | 85.2% | 71.3% | 31.5% | 54.2% | 55.3% | 15.2% | −40.1 pts | |
| Operating margin | −95.0% | 75.0% | 49.9% | −61.9% | −123.3% | −158.1% | −149.0% | +9.1 pts | |
| Net margin | −93.0% | 68.8% | 44.3% | −68.8% | −111.3% | −145.2% | −141.4% | +3.7 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.
