| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 88.0 | 138.3 | 243.2 | 240.7 | 3.6 | 829.4 | 669.5 | −19.3% | |
| Cost of revenue | 0.0 | 0.0 | 10.4 | 12.5 | 18.6 | 0.0 | 19.4 | — | |
| Gross profit | 0.0 | 138.3 | 232.8 | 228.2 | (15.0) | 829.4 | 650.1 | −21.6% | |
| Research & development | 123.5 | 199.0 | 288.5 | 342.3 | 489.2 | 607.2 | 723.4 | +19.1% | |
| Selling, general & administrative | 52.3 | 81.0 | 124.4 | 90.9 | 96.8 | 121.9 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 175.2 | 279.1 | 411.3 | 433.2 | 586.0 | 731.1 | 895.9 | +22.5% | |
| Operating income | (93.2) | (149.0) | (178.5) | (205.0) | (601.1) | 98.3 | (226.4) | −330.2% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 18.3 | 32.4 | 89.4 | 92.6 | +3.6% | |
| Interest income | 9.2 | 6.1 | 5.0 | 15.3 | 22.7 | 37.3 | — | — | |
| Other income / expense | 8.6 | 8.2 | 5.8 | (1.5) | (11.4) | (46.8) | — | — | |
| Pre-tax income | (84.6) | (140.8) | (172.7) | (206.5) | (612.5) | 51.5 | (252.1) | −589.2% | |
| Income tax | 0.0 | 0.0 | 3.8 | 2.8 | (2.8) | 21.4 | 20.0 | −6.4% | |
| Net income | (84.6) | (140.8) | (176.1) | (205.3) | (599.5) | (1.6) | (320.0) | −19516.9% | |
| 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) | (0.84) | (1.36) | (1.67) | (1.91) | (5.00) | (0.01) | (2.25) | −18301.6% | |
| EPS, diluted (per share) | (0.84) | (1.36) | (1.67) | (1.92) | (5.00) | (0.01) | (2.25) | −18301.6% | |
| EBITDA | (87.2) | (132.6) | (162.3) | (175.7) | (561.5) | 164.8 | (192.0) | −216.5% | |
| Depreciation & amortization | 5.9 | 8.3 | 10.4 | 12.5 | 18.6 | 23.9 | 24.5 | +2.3% | |
| Weighted average shares (shares) | 100,722,224 | 103,745,000 | 105,426,000 | 107,312,000 | 119,784,000 | 133,758,000 | — | — | |
| Weighted average diluted shares (shares) | 100,722,224 | 103,745,000 | 105,426,000 | 106,750,000 | 119,784,000 | 133,758,000 | — | — | |
| Gross margin | 0.0% | 100.0% | 95.7% | 94.8% | −423.7% | 100.0% | 97.1% | −2.9 pts | |
| Operating margin | −105.9% | −107.8% | −73.4% | −85.2% | −16,927.1% | 11.9% | −33.8% | −45.7 pts | |
| Net margin | −96.1% | −101.9% | −72.4% | −85.3% | −16,882.4% | −0.2% | −47.8% | −47.6 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.
