| METRIC | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period Ending | — | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Revenue | ||||
| Revenue | $769M | $602M | $436M | $245M |
| Cost of Revenue | $483M | $395M | $320M | $193M |
| Gross Profit | $287M | $207M | $116M | $51.4M |
| Operating | ||||
| Operating Income | -$223M | -$229M | -$190M | -$178M |
| EBITDA | -$177M | -$185M | -$156M | -$148M |
| Pre-Tax Income | -$192M | -$226M | -$189M | -$179M |
| Income Tax Expense | -$26.3M | -$27.7M | $0.76M | $3.65M |
| Net Income | -$165M | -$198M | -$190M | -$183M |
| Per Share | ||||
| EPS (Basic) | $-0.37 | $-0.37 | $-0.38 | $-0.38 |
| EPS (Diluted) | $-0.37 | $-0.37 | $-0.38 | $-0.38 |
| Shares Basic | 443M | 531M | 496M | 482M |
| Shares Diluted | 443M | 531M | 496M | 482M |
| Dividend Per Share | — | — | — | — |
| Margins | ||||
| Gross Margin | +37.3% | +34.4% | +26.6% | +21.0% |
| EBIT Margin | -29.1% | -38.0% | -43.5% | -72.7% |
| EBITDA Margin | -23.0% | -30.7% | -35.8% | -60.6% |
| Net Margin | -21.5% | -32.9% | -43.6% | -74.6% |
| Effective Tax Rate | +13.7% | +12.3% | -0.4% | -2.0% |
| Growth | ||||
| Revenue Growth | — | +38.0% | +78.3% | +15.9% |
| Net Income Growth | — | -4.2% | -4.2% | -34.3% |
| EPS Growth | — | +2.6% | 0.0% | -31.0% |
| Share Count Change | — | +7.0% | +2.9% | +3.3% |
| Free Cash Flow | ||||
| Free Cash Flow | -$371M | -$322M | -$116M | -$154M |
| FCF Per Share | $-0.84 | $-0.61 | $-0.23 | $-0.32 |
| FCF Margin | -48.3% | -53.5% | -26.6% | -62.8% |
| FCF Growth | — | -177.5% | +24.5% | -3.1% |