| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 33.9 | 209.9 | 69.6 | 70.8 | 81.4 | 79.6 | −2.2% | |
| Cost of revenue | 141.8 | 1.4 | 3.3 | 2.5 | 5.9 | 7.7 | 9.1 | +18.6% | |
| Gross profit | (141.8) | 32.5 | 206.6 | 67.0 | 64.9 | 73.7 | 70.5 | −4.3% | |
| Research & development | 142.0 | 158.0 | 186.5 | 127.1 | 109.6 | 104.0 | 82.2 | −20.9% | |
| Selling, general & administrative | 77.2 | 136.2 | 143.5 | 105.9 | 85.9 | (6.8) | — | — | |
| Selling & marketing | 22.1 | 64.8 | 35.8 | 33.0 | 21.4 | (43.4) | — | — | |
| Operating expenses | 77.4 | 294.2 | 330.0 | 233.0 | 195.5 | 182.1 | 175.5 | −3.6% | |
| Operating income | (219.3) | (261.7) | (123.3) | (166.0) | (130.7) | (108.4) | (99.5) | +8.1% | |
| Interest expense | 4.9 | 18.3 | 36.7 | 46.3 | 50.2 | 51.6 | 52.3 | +1.2% | |
| Interest income | 0.8 | 0.1 | 2.6 | 10.5 | 12.3 | 8.8 | 8.6 | −2.0% | |
| Other income / expense | (26.7) | 10.2 | (33.6) | (35.0) | (27.0) | (34.4) | — | — | |
| Pre-tax income | (246.0) | (251.5) | (156.9) | (200.9) | (157.7) | (142.8) | (97.3) | +31.8% | |
| Income tax | 0.3 | (21.5) | 0.2 | 39.1 | 0.2 | (0.2) | (0.4) | −157.3% | |
| Net income | (246.3) | (230.0) | (157.1) | (240.1) | (157.8) | (142.6) | (96.9) | +32.1% | |
| 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) | (3.77) | (3.00) | (1.99) | (2.94) | (1.62) | (1.12) | (0.66) | +40.8% | |
| EPS, diluted (per share) | (3.77) | (3.00) | (1.99) | (2.94) | (1.62) | (1.12) | (0.66) | +40.8% | |
| EBITDA | (218.2) | (230.5) | (107.7) | (145.8) | (102.6) | (89.3) | (92.1) | −3.2% | |
| Depreciation & amortization | 0.8 | 2.6 | 2.4 | 3.3 | 3.3 | 1.9 | — | — | |
| Weighted average shares (shares) | 65,410,292 | 76,748,204 | 78,152,964 | 81,712,166 | 97,159,966 | 127,067,540 | — | — | |
| Weighted average diluted shares (shares) | 65,410,292 | 76,748,204 | 78,152,964 | 81,712,166 | 97,159,966 | 127,067,540 | — | — | |
| Gross margin | — | 95.9% | 98.4% | 96.4% | 91.6% | 90.6% | 88.6% | −2.0 pts | |
| Operating margin | — | −771.6% | −58.8% | −238.6% | −184.4% | −133.2% | −125.1% | +8.1 pts | |
| Net margin | — | −678.2% | −74.9% | −345.1% | −222.8% | −175.3% | −121.7% | +53.6 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.
