Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | 2.53bn | 2.57bn |
| Cost of revenue | 772m | 751m |
| Research and development | 278m | 307m |
| Selling, general and administrative | 432m | 435m |
| Operating expenses | 2.79bn | 3.59bn |
| Operating income | −263m | −1.02bn |
| Pre-tax income | −236m | −994m |
| Income tax | −35m | 8m |
| Net income | −200m | −1.00bn |
| Earnings per share | −1.14 | −5.87 |
| Earnings per share, diluted | −1.14 | −5.87 |
| Weighted average shares | 176m | 171m |
| Weighted average shares, diluted | 176m | 171m |
| 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 | 751m | 781m | 726m | 680m | 1.19bn | 1.30bn | 1.24bn | 1.16bn |
| Receivables | 214m | 193m | 211m |
| Metric | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | 294m | 294m |
| Share-based compensation | 80m | 146m |
| Capital expenditure | 9m | 11m |
| Investing cash flow | −266m | −124m |
| Financing cash flow | −552m | 8m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| 225m |
| 233m |
| 214m |
| 212m |
| 218m |
| Inventory | 32m | 38m | 40m | 38m | 38m | 38m | 37m | 35m |
| Current assets | 1.13bn | 1.12bn | 1.09bn | 1.07bn | 1.60bn | 1.66bn | 1.61bn | 1.55bn |
| Property, plant and equipment | 26m | 27m | 27m | 28m | 31m | 29m | 28m | 29m |
| Goodwill | 283m | 283m | 283m | 283m | 283m | 283m | 283m | 283m |
| Total assets | 2.81bn | 2.86bn | 2.88bn | 2.89bn | 3.44bn | 3.52bn | 3.53bn | 3.52bn |
| Current liabilities | 405m | 405m | 405m | 402m | 952m | 942m | 931m | 931m |
| Total liabilities | 1.47bn | 1.47bn | 1.49bn | 1.47bn | 2.02bn | 2.03bn | 2.02bn | 2.02bn |
| Equity | 1.34bn | 1.39bn | 1.39bn | 1.42bn | 1.43bn | 1.49bn | 1.51bn | 1.50bn |
| Shares outstanding | 180m | 178m | 177m | 177m | 175m | 173m | 172m | 171m |
| Shares issued | 180m | 178m | 177m | 177m | 175m | 173m | 172m | 171m |