Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 6.3B | 5.5B | 3.7B | 2.7B | 2.4B |
| Cost of Revenue | 4.1B | 3.6B | 2.5B | 1.8B | 1.8B |
| Gross Profit | 2.2B | 1.9B | 1.2B | 891.8M | 628.7M |
| Operating Expenses | |||||
| R&D Expense | 321.5M | 279.8M | 179.2M | 120.6M | 115.1M |
| SG&A Expense | — | — | — | — | — |
| General & Admin Expense | 207.7M | 211.6M | 131.9M | 95.7M | 88.6M |
| Selling & Marketing Expense | 142.5M | 128.7M | 106.6M | 85.3M | 69.0M |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 773.0M | 674.3M | 393.2M | 324.9M | 227.7M |
| Cost and Expenses | 4.9B | 4.3B | 2.9B | 2.1B | 2.0B |
| Operating Income (EBIT) | 1.3B | 1.1B | 765.6M | 498.3M | 311.7M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | — | — | — | — | — |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 1.3B | 1.1B | 762.5M | 496.9M | 310.6M |
| Income Tax Expense | 137.7M | 121.1M | 86.4M | 82.2M | 31.0M |
| Bottom Line | |||||
| Net Income | 1.2B | 1.0B | 676.1M | 414.7M | 279.7M |
| Earnings from Cont. Ops | 1.2B | 1.0B | 676.1M | 414.7M | 279.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 1.2B | 1.0B | 676.1M | 414.7M | 279.7M |
| Per Share | |||||
| Basic EPS | $2.76 | $2.40 | $1.66 | $1.09 | $0.74 |
| Diluted EPS | $2.76 | $2.39 | $1.65 | $1.09 | $0.74 |
| Revenue Per Share | $14.88 | $12.96 | $9.17 | $7.04 | $6.38 |
| Shares | |||||
| Basic Shares Outstanding | 422.1M | 423.2M | 407.3M | 380.4M | 377.9M |
| Diluted Shares Outstanding | 422.1M | 423.2M | 407.3M | 380.4M | 377.9M |
| Profitability Metrics | |||||
| EBITDA | — | 1.4B | 932.6M | 654.2M | 442.7M |
| D&A | — | 231.8M | 166.9M | 156.0M | 131.0M |
| EBIT | — | — | — | — | — |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026