$2.39B
Revenue
$-10.86M
Net Income
19.91%
Gross Margin
-3.51%
Op. Margin
$1.53B
Free Cash Flow
| Breakdown | TTM (Dec 27, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $2.39B | $2.25B | $1.79B | $1.18B | $593.31M | - |
| Revenue Growth % | 6.4% | 25.7% | 51.9% | 98.4% | nan% | nan% |
| Cost of Revenue | $1.91B | $1.82B | $1.54B | $987.15M | $493.67M | - |
| Gross Profit | $476.00M | $422.61M | $245.67M | $189.74M | $99.65M | - |
| Gross Margin % | 19.9% | 18.8% | 13.7% | 16.1% | 16.8% | nan% |
| Operating Expenses | $559.85M | $537.62M | $362.39M | $412.97M | $240.02M | - |
| Research & Development | $215.43M | $216.01M | $173.46M | $195.04M | $124.14M | - |
| Selling General & Admin | $318.87M | $298.73M | $188.93M | $217.93M | $115.88M | - |
| Operating Income | $-83.85M | $-115.01M | $-116.72M | $-223.23M | $-140.38M | $-6.49M |
| Operating Margin % | -3.5% | -5.1% | -6.5% | -19.0% | -23.7% | nan% |
| Other Income/Expense | $41.49M | $36.06M | $37.04M | $10.72M | $1.29M | $16.43K |
| Income Before Tax | $-42.37M | $-78.94M | $-79.68M | $-212.51M | $-139.09M | - |
| Income Tax Expense | $-1.16M | $-1.63M | $4.21M | $-4.62M | - | - |
| Net Income | $-10.86M | $-16.94M | $-13.49M | $-23.87M | $-72.13M | $-6.48M |
| Net Margin % | -0.5% | -0.8% | -0.8% | -2.0% | -12.2% | nan% |
| Basic EPS | -0.11 | -0.16 | -0.14 | -0.37 | -0.13 | nan |
| Diluted EPS | -0.11 | -0.16 | -0.14 | -0.37 | -0.13 | nan |
| Basic Shares Outstanding | 115.5M | 108.7M | 95.7M | 64.3M | 54.1M | - |
| Diluted Shares Outstanding | 127.9M | 108.7M | 95.7M | 64.3M | 54.1M | - |
| Breakdown | FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.24B | $727.31M | $258.77M | $353.46M | $812.88K |
| Accounts Receivable | $186.71M | $201.55M | $69.21M | $3.41M | - |
| Inventory | $164.39M | $106.14M | $136.12M | $91.90M | - |
| Other Current Assets | $92.05M | $101.25M | $85.24M | $25.66M | - |
| Total Current Assets | $1.89B | $1.36B | $991.79M | $605.40M | $1.55M |
| Property Plant & Equipment | $117.65M | $97.11M | $34.51M | $24.88M | - |
| Goodwill | $59.87M | - | - | - | - |
| Intangible Assets | $79.15M | $3.66M | $217.00K | $650.00K | - |
| Other Non-current Assets | $131.17M | $40.95M | $24.19M | $337.00K | - |
| Total Assets | $2.40B | $1.58B | $1.05B | $631.26M | $321.71M |
| Accounts Payable | $286.67M | $175.19M | $109.92M | $68.45M | $194.64K |
| Accrued Liabilities | - | - | $99.99M | $47.31M | $3.30M |
| Deferred Revenue | $1.24B | $676.31M | $787.23M | $394.24M | - |
| Total Current Liabilities | $1.73B | $1.02B | $1.03B | $522.96M | $40.49M |
| Other Non-current Liabilities | $63.63M | $42.04M | $27.97M | $7.90M | - |
| Total Liabilities | $1.92B | $1.19B | $1.05B | $562.32M | $15.25M |
| Retained Earnings | $-1.34B | $-1.32B | $-1.31B | $-1.29B | $-13.54M |
| Total Stockholders Equity | $221.32M | $197.23M | $82.00K | $7.18M | $-13.54M |
| Total Liabilities & Equity | $2.40B | $1.58B | $1.05B | $631.26M | $321.71M |
| Breakdown | TTM (Dec 27, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-21.74M | $-16.94M | $-13.49M | $-23.87M | $-72.13M | $-6.48M |
| Depreciation & Amortization | $68.23M | $39.60M | $23.48M | $11.31M | $5.99M | - |
| Stock-based Compensation | $300.00M | $183.94M | $112.21M | $154.23M | $26.86M | - |
| Deferred Income Tax | - | - | - | - | - | - |
| Change in Receivables | $-158.35M | $-15.07M | $132.31M | $65.82M | $508.00K | - |
| Change in Inventory | $116.66M | $58.88M | $-103.00K | $66.38M | $59.57M | - |
| Change in Payables | $118.00M | $96.90M | $65.27M | $41.41M | $41.53M | $188.16K |
| Operating Cash Flow | $1.53B | $866.94M | $-58.08M | $230.79M | $-148.25M | $-3.38M |
| Capital Expenditure | - | - | $42.24M | $15.69M | $17.95M | - |
| Sales of Investments | - | - | $340.00M | $130.00M | - | - |
| Investing Cash Flow | $-637.23M | $-350.74M | $156.48M | $-299.46M | $-17.95M | $-320.00M |
| Stock Issued | $424.37M | - | $257.99M | $2.57M | - | - |
| Financing Cash Flow | $422.80M | $668.00K | $371.04M | $-24.10M | $362.45M | $324.20M |
| Net Change in Cash | $1.32B | $516.84M | $469.44M | $-92.54M | $196.82M | $812.88K |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Dec 27, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 27, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $629.99M | $486.69M |
| Cost of Revenue | $496.56M | $405.68M |
| Gross Profit | $133.42M | $81.02M |
| Operating Expenses | $126.90M | $103.98M |
| Research & Development | $43.01M | $43.28M |
| Selling General & Admin | $81.22M | $60.70M |
| Operating Income | $6.53M | $-22.97M |
| Other Income/Expense | $13.25M | $7.82M |
| Income Before Tax | $19.77M | $-15.14M |
| Income Tax Expense | $615.00K | $150.00K |
| Net Income | $2.60M | $-3.17M |
| Basic EPS | 0.02 | -0.03 |
| Diluted EPS | 0.02 | -0.03 |
| Basic Shares Outstanding | $115.47M | $106.10M |
| Diluted Shares Outstanding | $127.87M | $106.10M |
Condensed Consolidated Balance Sheets
| Description | Dec 27, 2025 | Sep 27, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $1.82B | $1.24B |
| Accounts Receivable | $107.63M | $186.71M |
| Inventory | $183.68M | $164.39M |
| Other Current Assets | $70.39M | $86.58M |
| Total Current Assets | $2.46B | $1.88B |
| Property Plant & Equipment | $115.70M | $117.65M |
| Goodwill | $59.87M | $59.87M |
| Intangible Assets | $75.38M | $79.15M |
| Other Non-current Assets | $141.39M | $131.17M |
| Total Assets | $2.99B | $2.40B |
| Accounts Payable | $266.10M | $286.67M |
| Deferred Revenue | $1.31B | $1.24B |
| Total Current Liabilities | $1.78B | $1.73B |
| Other Non-current Liabilities | $61.37M | $63.63M |
| Total Liabilities | $2.03B | $1.92B |
| Retained Earnings | $-1.33B | $-1.33B |
| Total Stockholders Equity | $663.77M | $220.19M |
| Total Liabilities & Equity | $2.99B | $2.40B |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 27, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $2.60M | $-3.17M |
| Depreciation & Amortization | $8.70M | $6.86M |
| Stock-based Compensation | $45.94M | $24.60M |
| Change in Receivables | $-79.09M | $-67.38M |
| Change in Inventory | $24.12M | $10.43M |
| Change in Payables | $-23.86M | $31.14M |
| Operating Cash Flow | $191.54M | $205.03M |
| Investing Cash Flow | $-40.58M | $-25.35M |
| Stock Issued | $424.37M | - |
| Financing Cash Flow | $423.15M | $-3.86M |
| Net Change in Cash | $574.11M | $175.73M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.