Stock price
Market cap
At each fiscal year end, then the latest quarter end: closing price × shares outstanding.
Show tableHide table
| Period | Market cap |
|---|---|
| FY2017, ended Dec 31, 2017 | — |
| FY2018, ended Dec 31, 2018 | — |
| FY2019, ended Dec 31, 2019 | $5.16B |
| FY2020, ended Dec 31, 2020 | $23.5B |
| FY2021, ended Dec 31, 2021 | $42.6B |
| FY2022, ended Dec 31, 2022 | $14.9B |
| FY2023, ended Dec 31, 2023 | $28.1B |
| FY2024, ended Dec 31, 2024 | $37.2B |
| FY2025, ended Dec 31, 2025 | $69.4B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $87.3B |
Revenue
By fiscal year, then the trailing 12 months
Show tableHide table
| Period | Revenue |
|---|---|
| FY2017, ended Dec 31, 2017 | $135M |
| FY2018, ended Dec 31, 2018 | $193M |
| FY2019, ended Dec 31, 2019 | $287M |
| FY2020, ended Dec 31, 2020 | $431M |
| FY2021, ended Dec 31, 2021 | $656M |
| FY2022, ended Dec 31, 2022 | $975M |
| FY2023, ended Dec 31, 2023 | $1.30B |
| FY2024, ended Dec 31, 2024 | $1.67B |
| FY2025, ended Dec 31, 2025 | $2.17B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $2.51B |
Net income and free cash flow
By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.
Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2017, ended Dec 31, 2017 | −$10.7M | −$15.9M |
| FY2018, ended Dec 31, 2018 | −$87.2M | −$68.7M |
| FY2019, ended Dec 31, 2019 | −$106M | −$82.2M |
| FY2020, ended Dec 31, 2020 | −$119M | −$73.5M |
| FY2021, ended Dec 31, 2021 | −$260M | −$28.3M |
| FY2022, ended Dec 31, 2022 | −$193M | −$20.0M |
| FY2023, ended Dec 31, 2023 | −$184M | $140M |
| FY2024, ended Dec 31, 2024 | −$78.8M | $195M |
| FY2025, ended Dec 31, 2025 | −$102M | $287M |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | −$206M | $348M |
Cash and cash equivalents
At each fiscal year end, then the latest quarter end.
Show tableHide table
| Period | Cash and cash equivalents |
|---|---|
| FY2017, ended Dec 31, 2017 | $26.9M |
| FY2018, ended Dec 31, 2018 | $25.1M |
| FY2019, ended Dec 31, 2019 | $139M |
| FY2020, ended Dec 31, 2020 | $109M |
| FY2021, ended Dec 31, 2021 | $314M |
| FY2022, ended Dec 31, 2022 | $204M |
| FY2023, ended Dec 31, 2023 | $86.9M |
| FY2024, ended Dec 31, 2024 | $148M |
| FY2025, ended Dec 31, 2025 | $944M |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $1.66B |
Total debt
At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.
Show tableHide table
| Period | Total debt |
|---|---|
| FY2017, ended Dec 31, 2017 | — |
| FY2018, ended Dec 31, 2018 | $255K |
| FY2019, ended Dec 31, 2019 | $0 |
| FY2020, ended Dec 31, 2020 | $383M |
| FY2021, ended Dec 31, 2021 | $1.16B |
| FY2022, ended Dec 31, 2022 | $1.44B |
| FY2023, ended Dec 31, 2023 | $1.28B |
| FY2024, ended Dec 31, 2024 | $1.29B |
| FY2025, ended Dec 31, 2025 | $3.27B |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | $3.27B |
Shares outstanding
At each fiscal year end, then the latest quarter end, adjusted for splits. Up 362% since FY17.
Show tableHide table
| Period | Shares outstanding |
|---|---|
| FY2017, ended Dec 31, 2017 | 77.1M |
| FY2018, ended Dec 31, 2018 | 81.0M |
| FY2019, ended Dec 31, 2019 | 303M |
| FY2020, ended Dec 31, 2020 | 309M |
| FY2021, ended Dec 31, 2021 | 324M |
| FY2022, ended Dec 31, 2022 | 330M |
| FY2023, ended Dec 31, 2023 | 338M |
| FY2024, ended Dec 31, 2024 | 345M |
| FY2025, ended Dec 31, 2025 | 352M |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | 356M |
Buybacks and new shares
By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.
Show tableHide table
| Period | Bought back | Paid to employees | Sold for cash | Used in acquisitions |
|---|---|---|---|---|
| FY2017, ended Dec 31, 2017 | $16.0K | $2.75M | — | — |
| FY2018, ended Dec 31, 2018 | $65.0K | $27.3M | — | — |
| FY2019, ended Dec 31, 2019 | $283K | $36.6M | — | $18.0K |
| FY2020, ended Dec 31, 2020 | $157K | $56.3M | — | $1.82M |
| FY2021, ended Dec 31, 2021 | $189K | $90.1M | $15.0M | $1.56M |
| FY2022, ended Dec 31, 2022 | $3.00K | $203M | $15.3M | $65.5M |
| FY2023, ended Dec 31, 2023 | $34.0K | $274M | $19.1M | — |
| FY2024, ended Dec 31, 2024 | $0 | $338M | $19.8M | — |
| FY2025, ended Dec 31, 2025 | $0 | $451M | $25.4M | — |
| Trailing 12 months to Jun 30, 2026 (through Q2 FY2026) | — | $508M | $28.5M | — |
Valuation
At current price- Market Cap
- $117B
- P/E
- n/m. Market cap / net income (TTM)
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 46.5×
- Price / Book
- 72.1×
- EV / EBITDA
- n/m. (Market cap + debt − cash) / EBITDA (TTM)
Growth
Trailing 12 months- Revenue (TTM)
- $2.51B
- Revenue Growth YoY
- 33.5%
- Revenue CAGR 3Y
- 30.5%
- Revenue CAGR 5Y
- 38.1%
- EPS Growth YoY
- n/m. Diluted EPS, TTM vs. TTM a year earlier
- Net Income Growth YoY
- n/m. TTM vs. TTM a year earlier
Profitability
Trailing 12 months- Gross Margin
- 72.6%
- Operating Margin
- −14.1%
- Net Margin
- −8.2%
- FCF Margin
- 13.9%
- Return on Equity
- −14.4%
Earnings
Trailing 12 months- Net Income
- −$206M
- EPS (diluted)
- −$0.58
- EBITDA
- −$129M
- Operating Income
- −$354M
Balance Sheet
As of Jun 30, 2026- Cash and cash equivalents
- $1.66B
- Total Debt
- $3.27B
- Net Debt
- $1.61B
- Total Assets
- $6.47B
- Total Liabilities
- $4.85B
- Shareholders' Equity
- $1.62B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $633M
- Capital Expenditure
- $285M
- Free Cash Flow
- $348M
Dividends and risk
Last 12 months- Dividend Yield
- 0.0%
- Dividend / Share
- $0.00
- Beta (5Y)
- 1.64
Every ratio is calculated from the company’s reported figures.