| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 378.8 | 507.1 | 625.0 | 607.9 | 678.7 | 360.5 | 344.5 | −4.4% | |
| Cost of revenue | 183.8 | 247.4 | 309.1 | 295.4 | 312.8 | 196.9 | 188.6 | −4.2% | |
| Gross profit | 195.0 | 259.7 | 315.9 | 312.5 | 365.9 | 163.7 | 155.9 | −4.8% | |
| Research & development | 82.5 | 102.2 | 120.3 | 126.3 | 121.0 | 65.2 | 57.6 | −11.7% | |
| Selling, general & administrative | 119.6 | 138.1 | 146.7 | 163.3 | 153.1 | 81.4 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.7 | (3.2) | 0.0 | 0.0 | — | — | |
| Operating expenses | 207.4 | 240.9 | 270.4 | 290.4 | 302.8 | 146.6 | 111.7 | −23.8% | |
| Operating income | (12.4) | 18.8 | 45.5 | 22.2 | 63.1 | 17.0 | 44.2 | +159.3% | |
| Interest expense | 11.5 | 10.6 | 5.0 | 2.7 | 7.3 | 3.8 | 3.2 | −14.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other income / expense | (13.8) | (9.9) | (1.0) | (3.0) | (5.2) | (8.2) | — | — | |
| Pre-tax income | (26.2) | 8.9 | 44.5 | 19.1 | 57.9 | 8.9 | 38.7 | +336.8% | |
| Income tax | 3.1 | (4.4) | 16.3 | (64.9) | 18.7 | 7.6 | 18.0 | +135.7% | |
| Net income | (29.3) | 13.3 | 28.2 | 84.0 | 39.2 | (43.3) | (2.6) | +94.0% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (44.5) | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (0.30) | 0.13 | 0.27 | 0.75 | 0.34 | (0.38) | (0.42) | −10.3% | |
| EPS, diluted (per share) | (0.30) | 0.12 | 0.25 | 0.72 | 0.33 | (0.38) | (0.42) | −10.3% | |
| EBITDA | 1.0 | 32.5 | 61.7 | 34.1 | 77.4 | 23.7 | 55.0 | +131.7% | |
| Depreciation & amortization | 15.7 | 13.1 | 12.3 | 12.3 | 12.1 | 11.1 | 10.9 | −1.8% | |
| Weighted average shares (shares) | 96,971,000 | 101,484,000 | 105,080,000 | 111,651,000 | 115,120,000 | 113,660,000 | — | — | |
| Weighted average diluted shares (shares) | 96,971,000 | 106,171,000 | 112,378,000 | 117,359,000 | 117,482,000 | 114,182,000 | — | — | |
| Gross margin | 51.5% | 51.2% | 50.5% | 51.4% | 53.9% | 45.4% | 45.2% | −0.1 pts | |
| Operating margin | −3.3% | 3.7% | 7.3% | 3.6% | 9.3% | 4.7% | 12.8% | +8.1 pts | |
| Net margin | −7.7% | 2.6% | 4.5% | 13.8% | 5.8% | −12.0% | −0.8% | +11.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-07-03 and uses four consecutive reported quarters.
