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United States Fiscal year ends December CIK 0001713445
$159.91 +2.20% Close, 9 Oct 2026
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Price $159.91 −24.46% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 21 Mar 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Revenue666.7Operating income−172.2Net income−158.6EPS, diluted−2.77Fiscal year 2023Revenue804.0 +20.6%Operating income−140.2Net income−90.8EPS, diluted−1.54Fiscal year 2024Revenue1,300.2 +61.7%Operating income−560.6Net income−484.3EPS, diluted−3.33Fiscal year 2025Revenue2,202.5 +69.4%Operating income442.0Net income529.7EPS, diluted2.62
FY2022FY2023FY2024FY2025
Revenue 666.7 804.0 1,300.2 2,202.5
Growth +20.6% +61.7% +69.4%
Operating income −172.2 −140.2 −560.6 442.0
Net income −158.6 −90.8 −484.3 529.7
Growth
EPS, diluted −2.77 −1.54 −3.33 2.62

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2022Operating margin−25.8%Net margin−23.8%Free cash flow margin−15.0%Fiscal year 2023Operating margin−17.4%Net margin−11.3%Free cash flow margin−10.6%Fiscal year 2024Operating margin−43.1%Net margin−37.2%Free cash flow margin16.6%Fiscal year 2025Operating margin20.1%Net margin24.1%Free cash flow margin31.1%
FY2022FY2023FY2024FY2025
Operating margin −25.8% −17.4% −43.1% 20.1%
Net margin −23.8% −11.3% −37.2% 24.1%
Free cash flow margin −15.0% −10.6% 16.6% 31.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2022Operating cash flow−94.0Capital expenditure−6.2Free cash flow−100.3Fiscal year 2023Operating cash flow−75.1Capital expenditure−9.7Free cash flow−84.8Fiscal year 2024Operating cash flow222.1Capital expenditure−6.2Free cash flow215.8Fiscal year 2025Operating cash flow690.9Capital expenditure−6.7Free cash flow684.2 +217.0%
FY2022FY2023FY2024FY2025
Operating cash flow −94.0 −75.1 222.1 690.9
Capital expenditure −6.2 −9.7 −6.2 −6.7
Free cash flow −100.3 −84.8 215.8 684.2
Growth +217.0%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2022Cash435.8Shareholders’ equity−379.1Fiscal year 2023Cash401.2Shareholders’ equity−412.9Fiscal year 2024Cash562.1Shareholders’ equity2,130.7Fiscal year 2025Cash953.6Shareholders’ equity2,929.0
FY2022FY2023FY2024FY2025
Cash 435.8 401.2 562.1 953.6
Shareholders’ equity −379.1 −412.9 2,130.7 2,929.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
435.8 401.2 562.1 953.6
n/a 245.3 349.5 590.2
n/a 14.9 12.7 12.7
n/a 26.3 42.2 42.2
n/a 1,596.5 2,336.6 3,239.2
Growth +46.4% +38.6%
Liabilities
n/a 155.9 205.8 310.1
Equity
n/a −716.6 −1,200.8 −671.1
−379.1 −412.9 2,130.7 2,929.0
Growth +37.5%