Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | 5.91bn | 771m | 5.39bn | 5.01bn |
| Cost of revenue | 3.29bn | 2.88bn | 2.62bn | 2.43bn |
| Gross profit | 2.62bn | 377m | 2.77bn | 2.59bn |
| Research and development | 514m | 74m | 743m | 804m |
| Selling, general and administrative | 197m | 187m | 222m | 229m |
| Operating expenses | 2.40bn | 356m | 3.23bn | 3.36bn |
| Operating income | 221m | 149m | −466m | −775m |
| Interest expense | 63m | 73m | 69m | 46m |
| Pre-tax income | 114m | 81m | −539m | −726m |
| Income tax | 17m | 823,000 | 11m | 14m |
| Net income | 107m | 11m | −550m | −727m |
| Earnings per share | 0.91 | 0.70 | −4.53 | −5.88 |
| Earnings per share, diluted | 0.90 | 0.10 | −4.53 | −5.88 |
| Weighted average shares | 118m | 117m | 121m | 124m |
| Weighted average shares, diluted | 120m | 118m | 121m | 124m |
| Metric | Aug 19, 2026 | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 440m | 81m | 455m | 784m | 1.07bn |
| Short-term investments | — | — | 298m |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | 55m | −9m | −438m | −603m |
| Depreciation and amortisation | 23m | 29m | 30m | 42m |
| Share-based compensation | 35m | 3m | 31m | 71m |
| Capital expenditure |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 63m |
| 72m |
| — |
| — |
| Receivables | — | — | 381m | 419m | 354m | — | — |
| Inventory | — | — | 141m | 175m | 217m | — | — |
| Current assets | — | — | 1.72bn | 1.49bn | 1.30bn | — | — |
| Goodwill | — | — | 110m | 110m | 110m | — | — |
| Total assets | — | — | 1.98bn | 249m | 1.67bn | — | — |
| Current liabilities | — | — | 2.93bn | 2.95bn | 3.10bn | — | — |
| Total liabilities | — | — | 3.91bn | 3.90bn | 3.80bn | — | — |
| Equity | — | — | −1.93bn | −286m | −2.17bn | −1.54bn | −809m |
| Shares outstanding | — | — | 119m | 118m | 119m | — | — |
| Shares issued | — | — | — | 118m | 119m | — | — |
| 26m |
| 2m |
| 18m |
| 69m |
| Investing cash flow | −253m | −14m | 126m | 126m |
| Share buybacks | — | 62m | 128m | 51m |
| Financing cash flow | 46m | 31m | −19m | 185m |