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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 4.89bn | 3.60bn |
| Cost of revenue | 1.07bn | 801m |
| Research and development | 1.57bn | 1.44bn |
| Selling, general and administrative | 580m | 408m |
| Operating expenses | 6.12bn | 4.67bn |
| Operating income | −1.23bn | −1.06bn |
| Pre-tax income | −1.07bn | −937m |
| Income tax | 4m | 4m |
| Net income | −1.07bn | −935m |
| Earnings per share | −1.54 | −1.44 |
| Earnings per share, diluted | −1.54 | −1.44 |
| Weighted average shares | 690m | 647m |
| Weighted average shares, diluted | 690m | 647m |
| 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 | 1.19bn | 1.21bn | 1.02bn | 995m | 1.16bn | 712m | 603m | 966m |
| Short-term investments | 2.01bn | 1.85bn |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | 1.80bn | 822m |
| Depreciation and amortisation | 226m | 226m |
| Share-based compensation | 1.13bn | 1.02bn |
| Capital expenditure | 441m | 180m |
| Investing cash flow | −1.39bn | −852m |
| Financing cash flow | 89m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 1.84bn |
| 1.63bn |
| 1.59bn |
| 1.70bn |
| 1.72bn |
| 1.45bn |
| Receivables | 538m | 901m | 634m | 524m | 404m | 615m | 386m | 346m |
| Current assets | 4.74bn | 4.90bn | 4.35bn | 3.95bn | 3.89bn | 3.73bn | 3.37bn | 3.40bn |
| Property, plant and equipment | 849m | 885m | 677m | 614m | 617m | 660m | 643m | 675m |
| Goodwill | 142m | 143m | 143m | 143m | 142m | 142m | 142m | 142m |
| Total assets | 9.83bn | 9.56bn | 8.59bn | 7.85bn | 7.45bn | 7.18bn | 6.69bn | 6.47bn |
| Current liabilities | 5.31bn | 5.13bn | 4.53bn | 4.06bn | 3.82bn | 3.66bn | 3.44bn | 3.30bn |
| Long-term debt | 1.01bn | 993m | 993m | 992m | 1.01bn | 1.01bn | 1.01bn | 1.01bn |
| Total liabilities | 9.42bn | 9.18bn | 8.20bn | 7.51bn | 7.16bn | 6.97bn | 6.51bn | 6.36bn |
| Equity | 432m | 394m | 408m | 338m | 297m | 221m | 178m | 111m |
| Shares outstanding | 716m | 708m | 702m | 693m | 678m | 666m | 656m | 647m |
| Shares issued | 716m | 708m | 702m | 693m | 678m | 666m | 656m | 647m |
| 66m |