| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.8 | 29.8 | 38.6 | 77.0 | 54.5 | 84.0 | 701.9 | +735.8% | |
| Cost of revenue | 66.5 | 116.4 | 184.5 | 189.1 | 221.6 | 18.9 | 96.2 | +410.4% | |
| Gross profit | (48.7) | (86.7) | (145.9) | (112.2) | (167.1) | 65.1 | 605.7 | +830.1% | |
| Research & development | 66.5 | 116.4 | 184.5 | 189.1 | 221.6 | 308.2 | 334.1 | +8.4% | |
| Selling, general & administrative | 16.3 | 31.2 | 38.0 | 42.9 | 45.9 | 52.7 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 16.3 | 31.2 | 38.0 | 42.9 | 45.9 | 350.8 | 328.1 | −6.5% | |
| Operating income | (65.0) | (117.9) | (183.9) | (155.1) | (213.0) | (285.7) | 289.7 | +201.4% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 1.2 | 0.8 | 3.5 | 11.1 | 19.7 | 22.0 | — | — | |
| Other income / expense | 1.2 | 0.8 | 3.5 | 11.1 | 19.7 | 22.0 | — | — | |
| Pre-tax income | (63.8) | (117.1) | (180.4) | (143.9) | (193.3) | (263.7) | 308.2 | +216.9% | |
| Income tax | (20.5) | 0.1 | 0.0 | 0.0 | 0.3 | 0.8 | 13.3 | +1654.6% | |
| Net income | (43.2) | (117.2) | (180.4) | (143.9) | (193.6) | (264.5) | 294.9 | +211.5% | |
| 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) | (2.76) | (2.73) | (3.71) | (2.65) | (2.88) | (3.05) | 2.51 | +182.2% | |
| EPS, diluted (per share) | (2.76) | (2.73) | (3.71) | (2.65) | (2.88) | (3.05) | 2.31 | +175.7% | |
| EBITDA | (62.8) | (115.1) | (176.2) | (137.8) | (185.3) | (244.8) | 305.3 | +224.7% | |
| Depreciation & amortization | 2.2 | 2.0 | 4.1 | 6.1 | 8.0 | 18.9 | 10.3 | −45.4% | |
| Weighted average shares (shares) | 15,673,424 | 42,895,383 | 48,607,990 | 54,337,901 | 67,120,266 | 86,666,907 | — | — | |
| Weighted average diluted shares (shares) | 15,673,424 | 42,895,383 | 48,607,990 | 54,337,901 | 67,120,266 | 86,666,907 | — | — | |
| Gross margin | −273.1% | −291.4% | −377.6% | −145.7% | −306.3% | 77.5% | 86.3% | +8.7 pts | |
| Operating margin | −364.7% | −396.3% | −476.0% | −201.4% | −390.5% | −340.2% | 41.3% | +381.4 pts | |
| Net margin | −242.7% | −393.9% | −466.9% | −187.0% | −354.9% | −314.9% | 42.0% | +356.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-08-31 and uses four consecutive reported quarters.
