| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.4 | 10.0 | 39.7 | 43.9 | 58.8 | 74.7 | 54.9 | −26.5% | |
| Cost of revenue | 0.0 | 0.0 | 48.3 | 42.6 | 45.2 | 121.0 | 52.9 | −56.2% | |
| Gross profit | 3.4 | 10.0 | (8.6) | 1.3 | 13.6 | (46.3) | (35.8) | +22.7% | |
| Research & development | 63.3 | 135.3 | 155.7 | 241.2 | 314.4 | 425.3 | 394.5 | −7.2% | |
| Selling, general & administrative | 25.3 | 57.7 | 81.6 | 110.8 | 178.2 | 176.6 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 88.0 | 192.8 | 237.1 | 351.3 | 492.6 | 601.9 | 586.4 | −2.6% | |
| Operating income | (84.6) | (182.8) | (245.7) | (350.1) | (479.0) | (648.1) | (544.0) | +16.1% | |
| Interest expense | 1.4 | 3.0 | 0.1 | 0.1 | 1.6 | 1.8 | 1.5 | −18.2% | |
| Interest income | 0.3 | 0.1 | 6.3 | 19.1 | 15.8 | 22.8 | — | — | |
| Other income / expense | (2.4) | (3.7) | 6.3 | 17.9 | 14.2 | 3.2 | — | — | |
| Pre-tax income | (87.0) | (186.5) | (239.5) | (332.1) | (464.8) | (644.9) | (523.5) | +18.8% | |
| Income tax | 0.0 | 0.0 | 0.0 | (4.1) | (1.1) | (0.1) | (4.6) | −3269.1% | |
| Net income | (87.0) | (186.5) | (239.5) | (328.1) | (463.7) | (644.8) | (518.9) | +19.5% | |
| 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) | (0.52) | (1.05) | (1.36) | (1.58) | (1.69) | (1.44) | (1.04) | +28.1% | |
| EPS, diluted (per share) | (0.52) | (1.05) | (1.36) | (1.58) | (1.69) | (1.44) | (1.04) | +28.1% | |
| EBITDA | (81.7) | (175.1) | (227.7) | (307.6) | (426.7) | (559.4) | (458.9) | +18.0% | |
| Depreciation & amortization | 3.9 | 8.4 | 11.8 | 24.4 | 36.5 | 83.7 | 78.4 | −6.4% | |
| Weighted average shares (shares) | 165,791,490 | 170,272,462 | 175,537,487 | 207,853,702 | 274,207,000 | 447,446,109 | — | — | |
| Weighted average diluted shares (shares) | 165,791,490 | 170,272,462 | 175,537,487 | 207,853,702 | 274,207,000 | 447,446,109 | — | — | |
| Gross margin | 100.0% | 100.0% | −21.7% | 2.9% | 23.1% | −62.0% | −65.2% | −3.3 pts | |
| Operating margin | −2,479.2% | −1,827.8% | −619.3% | −797.8% | −814.1% | −867.9% | −991.7% | −123.9 pts | |
| Net margin | −2,549.3% | −1,864.8% | −603.5% | −747.7% | −788.0% | −863.4% | −945.9% | −82.6 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.
