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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 | 4.15bn | 2.19bn | 1.19bn | 401m |
| Cost of revenue | 451m | 227m | 118m | 29m |
| Research and development | 1.36bn | 983m | 859m | 663m |
| Selling, general and administrative | 1.37bn | 1.06bn | 712m | 472m |
| Operating income | 1.05bn | −22m | −425m | −720m |
| Pre-tax income | 1.28bn | 85m | −304m | −729m |
| Income tax | −13m | −748m | −9m | −20m |
| Net income | 1.29bn | 833m | −295m | −710m |
| Earnings per share | 21.08 | 13.92 | −5.16 | −13.05 |
| Earnings per share, diluted | 19.57 | 12.78 | −5.16 | −13.05 |
| Weighted average shares | 61m | 60m | 57m | 54m |
| Metric | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 3.49bn | 1.50bn | 2.05bn | 801m | 1.33bn |
| Receivables | — | 1.65bn | 904m | 497m | 276m | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | 685m | −83m | −420m | −863m |
| Share-based compensation | 248m | 235m | 233m | 157m |
| Capital expenditure | 6m | 2m | 812,000 | 837,000 |
| Investing cash flow |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| Inventory | — | 474m | 407m | 311m | 228m | — |
| Current assets | — | 6.90bn | 4.88bn | 4.12bn | 2.77bn | — |
| Total assets | — | 8.68bn | 6.20bn | 4.54bn | 3.13bn | — |
| Current liabilities | — | 1.32bn | 670m | 423m | 302m | — |
| Total liabilities | — | 1.36bn | 704m | 445m | 321m | — |
| Equity | — | 7.32bn | 5.50bn | 4.10bn | 2.81bn | 2.53bn |
| 984m |
| −718m |
| 308m |
| −461m |
| Financing cash flow | 233m | 280m | 1.34bn | 844m |