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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 | 881m | 672m | 518m | 571m |
| Cost of revenue | 375m | 285m | 225m | 254m |
| Gross profit | 505m | 387m | 293m | 317m |
| Research and development | 143m | 110m | 88m | 90m |
| Selling, general and administrative | 26m | 24m | 20m | 24m |
| Operating expenses | 252m | 200m | 161m | 167m |
| Operating income | 253m | 188m | 132m | 150m |
| Pre-tax income | 303m | 216m | 155m | 158m |
| Income tax | 44m | 33m | 18m | 18m |
| Net income | 259m | 184m | 136m | 140m |
| Earnings per share | 8.61 | 6.31 | 4.73 | 4.89 |
| Earnings per share, diluted | 7.96 | 5.75 | 4.28 | 4.43 |
| Weighted average shares | 30,108 | 29,113 | 28,828 | 28,697 |
| Weighted average shares, diluted | 32,800 | 32,138 | 32,089 | 31,870 |
| Metric | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 214m | 158m | 108m | 112m | 127m |
| Short-term investments | — | 322m | 217m | 216m | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | 246m | 235m | 124m | 120m |
| Depreciation and amortisation | 13m | 12m | 10m | 9m |
| Share-based compensation | 26m | 25m | 18m | 17m |
| Capital expenditure |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| Receivables | — | 152m | 139m | 111m | — | — |
| Inventory | — | 184m | 157m | 138m | — | — |
| Current assets | — | 1.41bn | 902m | 710m | — | — |
| Property, plant and equipment | — | 103m | 82m | 67m | — | — |
| Goodwill | — | 91m | 48m | 50m | — | — |
| Total assets | — | 2.36bn | 1.39bn | 1.13bn | — | — |
| Current liabilities | — | 225m | 388m | 323m | — | — |
| Total liabilities | — | 1.04bn | 463m | 383m | — | — |
| Equity | — | 1.32bn | 928m | 751m | 587m | 474m |
| Shares outstanding | — | 32m | 29m | 29m | — | — |
| Shares issued | — | 32m | 29m | 29m | — | — |
| 28m |
| 17m |
| 17m |
| 21m |
| Investing cash flow | −837m | −136m | −125m | −100m |
| Share buybacks | 35m | 30m | 112,000 | 21m |
| Financing cash flow | 642m | −48m | 10,000 | −30m |