Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 602m | 436m |
| Cost of revenue | 395m | 320m |
| Gross profit | 207m | 116m |
| Research and development | 271m | 174m |
| Selling, general and administrative | 165m | 132m |
| Operating expenses | 436m | 306m |
| Operating income | −229m | −190m |
| Pre-tax income | −226m | −189m |
| Income tax | −28m | 764,000 |
| Net income | −198m | −190m |
| Earnings per share | −0.37 | −0.38 |
| Earnings per share, diluted | −0.37 | −0.38 |
| Weighted average shares | 531m | 496m |
| Weighted average shares, diluted | 531m | 496m |
| Metric | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1.21bn | 829m | 808m | 564m | 303m | 271m | 297m | 345m |
| Short-term investments | 178m | 188m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | −166m | −49m |
| Depreciation and amortisation | 44m | 34m |
| Share-based compensation | 71m | 57m |
| Capital expenditure | 156m | 67m |
| Investing cash flow | −347m | −98m |
| Financing cash flow | 1.07bn |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 169m |
| 124m |
| 125m |
| 148m |
| 150m |
| 156m |
| Receivables | 75m | 39m | 59m | 62m | 39m | 36m | 22m | 50m |
| Inventory | 183m | 158m | 145m | 130m | 126m | 119m | 114m | 105m |
| Current assets | 1.80bn | 1.37bn | 1.32bn | 1.01bn | 725m | 693m | 695m | 752m |
| Property, plant and equipment | 344m | 319m | 278m | 250m | 214m | 195m | 171m | 156m |
| Goodwill | 209m | 206m | 218m | 71m | 71m | 71m | 71m | 71m |
| Total assets | 2.82bn | 2.32bn | 2.22bn | 1.55bn | 1.25bn | 1.18bn | 1.15bn | 1.19bn |
| Current liabilities | 402m | 334m | 414m | 376m | 348m | 340m | 269m | 266m |
| Short-term debt | — | 0 | 17m | 17m | 20m | 12m | 12m | 11m |
| Long-term debt | 2m | 2m | 51m | 54m | 58m | 44m | 47m | 50m |
| Total liabilities | 556m | 603m | 940m | 865m | 824m | 802m | 733m | 733m |
| Equity | 2.26bn | 1.72bn | 1.28bn | 688m | 431m | 382m | 420m | 455m |
| Shares outstanding | 576m | 544m | 496m | 479m | 461m | 504m | 500m | 497m |
| Shares issued | 622m | 590m | 542m | 525m | 511m | 504m | 500m | 497m |
| Treasury shares | 46m | 46m | 46m | 46m | 51m | 0 | — | — |
| 257m |