| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $997.8M-37.9% | $1.61B+17.3% | $1.37B-21.1% | $1.74B |
| Short-term investments (including $50,000 and $15,000 associated with a related party as of December 31, 2025 and 2024, respectively) | $631.1M-74.0% | $2.42B-2.6% | $2.49B+14.4% | $2.18B |
| Accounts receivable, net (including $120,540 and $57,909 from a related party as of December 31, 2025 and 2024, respectively) | $177.2M+58.1% | $112.0M+116.2% | $51.8M+165.2% | $19.5M |
| Inventory | $1.11B+172.1% | $407.8M-41.4% | $696.2M-16.6% | $834.4M |
| Prepaid expenses | $59.6M+12.6% | $53.0M-24.0% | $69.7M+9.7% | $63.5M |
| Other current assets (including nil and $34,503 associated with a related party as of December 31, 2025 and 2024, respectively) | $324.4M+20.1% | $270.2M+239.2% | $79.7M-2.3% | $81.5M |
| Total current assets | $3.30B-32.3% | $4.87B+2.5% | $4.76B-3.2% | $4.91B |
| Property, plant and equipment, net | $3.98B+21.9% | $3.26B+16.1% | $2.81B+29.7% | $2.17B |
| Right-of-use assets | $242.0M+14.2% | $211.9M-4.3% | $221.5M+3.0% | $215.2M |
| Long-term investments (including $24,259 and $57,831 associated with a related party as of December 31, 2025 and 2024, respectively) | $512.2M-51.2% | $1.05B+127.8% | $461.0M-13.0% | $530.0M |
| Other noncurrent assets | $355.0M+42.3% | $249.4M+38.1% | $180.6M+226.6% | $55.3M |
| TOTAL ASSETS | $8.39B-13.1% | $9.65B+13.3% | $8.51B+8.0% | $7.88B |
| Accounts payable | $487.5M+264.3% | $133.8M+23.1% | $108.7M-52.5% | $229.1M |
| Finance lease liabilities, current portion | $84.2M+1140.7% | $6.8M-17.2% | $8.2M-22.5% | $10.6M |
| Current portion of debt | $671.7M+431.4% | $126.4M | — | — |
| Other current liabilities (including $81,580 and nil associated with a related party as of December 31, 2025 and 2024, respectively) | $1.39B+55.0% | $898.3M+0.8% | $891.5M+40.5% | $634.6M |
| Total current liabilities | $2.64B+126.2% | $1.17B+15.6% | $1.01B+7.6% | $937.6M |
| Finance lease liabilities, net of current portion | $104.6M+37.4% | $76.1M-2.0% | $77.7M-4.5% | $81.3M |
| Debt, net of current portion | $2.05B+2.2% | $2.00B+0.3% | $2.00B+0.3% | $1.99B |
| Other long-term liabilities (including $123,198 and $121,136 associated with related parties as of December 31, 2025 and 2024, respectively) | $582.7M-1.6% | $592.3M+13.0% | $524.3M+38.6% | $378.2M |
| Derivative liabilities associated with redeemable convertible preferred stock (related party) | $16.2M-97.5% | $639.4M | $0 | — |
| Total liabilities | $5.39B+20.4% | $4.48B+22.2% | $3.66B+3.7% | $3.53B |
| Redeemable convertible preferred stock, (related party) | $943.8M+65.6% | $569.8M | $0 | — |
| Common stock, par value $0.0001; 1,500,000,000 shares authorized as of December 31, 2025 and 2024; [300,000,000] and 303,221,972 shares issued and [310,000,000] and 303,136,190 shares outstanding as of December 31, 2025 and 2024, respectively | 33K+10.0% | 30K-87.0% | 230K+25.7% | 183K |
| Additional paid-in capital | $16.34B-2.8% | $16.81B+11.6% | $15.07B+28.2% | $11.75B |
| Treasury stock, at cost, 85,782 shares at December 31, 2025 and 2024 | -$20.7M+0.0% | -$20.7M+0.0% | -$20.7M+0.0% | -$20.7M |
| Accumulated other comprehensive income (loss) | $11.7M+657.0% | -$2.1M-143.3% | $4.8M+141.9% | -$11.6M |
| Accumulated deficit | -$15.61B-20.9% | -$12.91B-26.6% | -$10.20B-38.4% | -$7.37B |
| Total stockholders’ equity | $717.3M-81.5% | $3.87B-20.2% | $4.85B+11.5% | $4.35B |
| TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY | $8.39B-13.1% | $9.65B+13.3% | $8.51B+8.0% | $7.88B |
| Series A Derivative Liability | ||||
| Series B Derivative Liability | ||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.