| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 475.8 | 326.6 | 211.0 | 257.2 | 267.0 | 42.2 | 50.9 | +20.8% | |
| Cost of revenue | 37.7 | 57.6 | 70.1 | 159.0 | 117.6 | 17.7 | 16.7 | −5.8% | |
| Gross profit | 438.2 | 269.0 | 141.0 | 98.3 | 149.4 | 24.4 | 31.5 | +29.0% | |
| Research & development | 142.8 | 363.1 | 199.4 | 109.4 | 93.3 | 105.0 | 100.3 | −4.4% | |
| Selling, general & administrative | 139.1 | 169.7 | 198.5 | 185.6 | 150.4 | 99.0 | — | — | |
| Selling & marketing | 3.8 | 8.7 | 10.5 | 10.9 | 10.9 | 0.0 | — | — | |
| Operating expenses | 281.8 | 532.8 | 397.8 | 301.5 | 261.1 | 204.0 | 204.9 | +0.5% | |
| Operating income | 156.3 | (263.9) | (256.9) | (203.2) | (111.7) | (179.5) | (158.7) | +11.6% | |
| Interest expense | 21.2 | 23.0 | 32.5 | 40.5 | 27.2 | 9.0 | 9.1 | +0.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other income / expense | (20.6) | (23.2) | (34.9) | (35.1) | 140.2 | (3.6) | — | — | |
| Pre-tax income | 135.7 | (287.1) | (291.8) | (238.3) | 28.5 | (183.1) | (161.1) | +12.0% | |
| Income tax | 3.5 | 0.0 | 0.0 | (0.4) | 0.0 | 0.0 | 0.0 | — | |
| Net income | 132.2 | (287.1) | (291.8) | (237.9) | 28.5 | (170.3) | (131.7) | +22.6% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12.8 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | 1.85 | (3.81) | (3.76) | (2.53) | 0.25 | (1.45) | (1.03) | +29.0% | |
| EPS, diluted (per share) | 1.62 | (3.81) | (3.76) | (2.53) | 0.25 | (1.45) | (1.03) | +29.0% | |
| EBITDA | 161.8 | (260.7) | (255.6) | (193.9) | 60.9 | (170.2) | (155.0) | +9.0% | |
| Depreciation & amortization | 5.0 | 3.5 | 3.7 | 3.8 | 5.3 | 3.9 | 2.3 | −40.3% | |
| Weighted average shares (shares) | 71,411,705 | 75,449,632 | 77,630,020 | 94,162,637 | 114,553,537 | 120,369,638 | — | — | |
| Weighted average diluted shares (shares) | 83,491,898 | 75,449,632 | 77,630,020 | 94,162,637 | 114,830,462 | 120,369,638 | — | — | |
| Gross margin | 92.1% | 82.4% | 66.8% | 38.2% | 56.0% | 57.9% | 61.9% | +3.9 pts | |
| Operating margin | 32.9% | −80.8% | −121.7% | −79.0% | −41.8% | −425.7% | −311.6% | +114.2 pts | |
| Net margin | 27.8% | −87.9% | −138.2% | −92.5% | 10.7% | −403.8% | −258.6% | +145.2 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.
